(VIANEWS) - Retail Opportunity Investments Corp. (ROIC), Rand Capital Corporation (RAND), Hormel Foods (HRL) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. The payout ratio in itself isn't a guarantee of a future good investment but it's an indicator of whether dividends are being paid and how the company chooses to distribute them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. Retail Opportunity Investments Corp. (ROIC)
133.33% Payout Ratio
Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely populated, metropolitan markets across the West Coast. As of September 30, 2020, ROIC owned 88 shopping centers encompassing approximately 10.1 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services, S&P Global Ratings, and Fitch Ratings, Inc.
Earnings Per Share
As for profitability, Retail Opportunity Investments Corp. has a trailing twelve months EPS of $0.39.
PE Ratio
Retail Opportunity Investments Corp. has a trailing twelve months price to earnings ratio of 38.82. Meaning, the purchaser of the share is investing $38.82 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 3.91%.Moving Average
Retail Opportunity Investments Corp. is worth more than its moving average for 50 days of $14.40, and much less than its moving average for 200 days of $16.84.Sales Growth
Retail Opportunity Investments Corp. has experienced a 6.9% quarter-over-quarter sales increase and 2.6% in the following.
2. Rand Capital Corporation (RAND)
131.58% Payout Ratio
Rand Capital Corporation, a business development and regulated investment firm that specializes in private equity investments, is Rand Capital Corporation. It prefers investments in equity and debt instruments that are lower-middle market, as well as small to medium-sized private companies. The firm lends more senior companies. It does not like to invest in the real estate industry. The firm invests in businesses that exploit new products, technologies or services. It invests in health, professional services, healthcare products, manufacturing and software. The firm seeks investment in businesses based in Western New York and Upstate New York, with a focus on the Niagara and Buffalo regions. It may be able to invest within three to five hours of Western New York, Canada. The firm typically invests between $0.5 and $1.5 millions and total rounds are between $1 million to $5 million. As part of its follow-on investments, the firm will invest a maximum of $3,000,000 per company. The firm invests in companies with annual revenues up to $10,000,000 and startups. Companies with EBITDA above $5 million are eligible for investment. It can make follow-on investments up to $2 million to 3 million per company. The firm often participates in three rounds of investment. It seeks to become a leading investor in local companies and co-invests with investors from outside its area. The firm prefers to invest only in unique businesses or those that have proprietary rights. It prefers to invest as a minority shareholder and wants to serve on the Board of its portfolio companies. It usually holds investments for five to seven year. Rand Capital Corporation was established in 1969. It is located in Buffalo, New York.
Earnings per Share
Rand Capital Corporation's trailing twelve-month EPS is $0.33.
PE Ratio
Rand Capital Corporation's trailing 12 months earnings to price ratio is 43.9. The purchaser of the shares is therefore investing $43.9 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 1.66%.Volume
Today's last reported volume for Rand Capital Corporation is 54 which is 96.88% below its average volume of 1731.
3. Hormel Foods (HRL)
57.71% Payout Ratio
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Earnings Per Share
As for profitability, Hormel Foods has a trailing twelve months EPS of $1.62.
PE Ratio
Hormel Foods has a trailing twelve months price to earnings ratio of 29.44. Meaning, the purchaser of the share is investing $29.44 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 13.67%.Moving Average
Hormel Foods's value is above its 50-day moving average of $46.46 and under its 200-day moving average of $48.62.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 5.1% and 7.8%, respectively.Volume
Hormel Foods' last reported volume is 1703790, which is 1.3% less than its average volume (1725150).
Previous days news about Hormel Foods (HRL)
- According to MarketWatch on Wednesday, 30 November, "Shares of Hormel Foods Corp. dropped 1.9% in premarket trading Wednesday, after the meat and food products company topped fiscal fourth-quarter profit forecasts but fell short on sales and provided a downbeat outlook, citing expectations of a continued "volatile, complex and high-cost environment." Net income for the quarter to Oct. 30 was $279.9 million, or 51 cents a share, compared with $281.7 million, or 51 cents a share, in the year-ago period. "
4. Royal Bank Of Canada (RY)
39.86% Payout Ratio
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Royal Bank Of Canada has a trailing twelve months EPS of $6.58.
PE Ratio
Royal Bank Of Canada has a trailing twelve months price to earnings ratio of 15.23. Meaning, the purchaser of the share is investing $15.23 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 16.77%.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be on July 24, 2022. The forward annual dividend rate for the year is estimated at 3.98, and the forward annual dividend yield to be 4.08%.
Sales Growth
Royal Bank Of Canada has a negative 6.4% quarter-over-quarter sales growth and 1.5% in the next.
Growth Estimates Quarters
For the current quarter, the company expects a decline of 13.2% in growth and a rise of 0.9% the following.Volume
Today's last reported volume for Royal Bank Of Canada is 722814 which is 6.25% below its average volume of 771035.
5. Banco De Chile Banco De Chile ADS (BCH)
33.72% Payout Ratio
Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. The company operates through four segments: Retail, Wholesale, Treasury, and Subsidiaries. It offers deposit products, such as checking accounts, current accounts, demand deposits and accounts, saving accounts, and time deposits; commercial, mortgage, consumer, working capital, syndicated, and installment loans; and credit and debit cards. The company also provides leasing, factoring, and foreign trade services; international and treasury banking services; and financial advisory services for mergers and acquisitions, debt restructuring assistance, and payments and collections services. In addition, it offers liquidity management services, debt instruments, and derivative contracts and leases, as well as financial transactions business and currency trading services; and securities brokerage, mutual funds management, wholesale customers, investment banking and management, insurance brokerage, and securitization services. It serves individuals, small and medium-sized companies, corporate clients, and large companies. As of December 31, 2021, the company operated through a network of 334 branches and 1,766 automatic teller machines. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile.
Earnings Per Share
As for profitability, Banco De Chile Banco De Chile ADS has a trailing twelve months EPS of $3.45.
PE Ratio
Banco De Chile Banco De Chile ADS has a trailing twelve months price to earnings ratio of 5.23. Meaning, the purchaser of the share is investing $5.23 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 30.95%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is a negative 39.7% and a negative 22.2%, respectively.Annual Top and Bottom Value
Banco De Chile Banco De Chile ADS stock was valued at $18.04 as of 07:29 EST. This is way lower than the 52-week high at $22.74 but much higher than its low 52-week of $15.60.
Sales Growth
Banco De Chile Banco De Chile ADS sales growth was negative 10.9% in the most recent quarter, and negative 16.8% in the following.
Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be made on March 27, 2022. The forward dividend rate and yield are both 1.37 and 7.59% respectively.