(VIANEWS) - Colony Bankcorp (CBAN), NBT Bancorp (NBTB), ResMed (RMD) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up to now. The payout ratio in itself isn't a promise of a future good investment but it's an indicator of whether dividends are being paid and how the company chooses to issue 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. Colony Bankcorp (CBAN)
38.99% Payout Ratio
Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers various deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans. In addition, the company offers internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of January 20, 2022, it operated 39 locations throughout Georgia. The company was founded in 1975 and is headquartered in Fitzgerald, Georgia.
Earnings Per Share
As for profitability, Colony Bankcorp has a trailing twelve months EPS of $1.09.
PE Ratio
Colony Bankcorp has a trailing twelve months price to earnings ratio of 11.64. Meaning, the purchaser of the share is investing $11.64 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 8.19%.Sales Growth
Colony Bankcorp has a negative 0.6% quarter-over-quarter sales growth and 5.2% in the next.
Moving Average
Colony Bankcorp is worth less than its 50-day average $13.46, and much lower than its 200-day average $15.03.2. NBT Bancorp (NBTB)
32.29% Payout Ratio
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $3.53.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 12.3. Meaning, the purchaser of the share is investing $12.3 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 12.78%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 29, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 2.76%.
Annual Top and Bottom Value
NBT Bancorp stock was valued at $43.42 as of 13:23 EST. This is way lower than the 52-week high $48.68, and much higher than the 52-week low $34.58.
Growth Estimates Quarters
For the current quarter, the company expects to grow by 8.1% and 2.2% respectively.Sales Growth
NBT Bancorp saw a 5.5% increase in sales for its current quarter, and 9.6% the following.
3. ResMed (RMD)
31.7% Payout Ratio
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME)to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; and HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies. The company markets its products primarily to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force in approximately 140 countries. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.
Earnings per Share
ResMed's trailing 12 month EPS is $3.13.
PE Ratio
ResMed's trailing 12-month price-earnings ratio is 66.68. The purchaser of ResMed shares is investing $66.68 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability of a business relative shareholder equity, was 24.96%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 7.5% and 20% respectively.Volume
ResMed's current reported volume is 808370, which is 48.44% more than its average volume (5544554).
Yearly Top and Bottom Value
ResMed's stock is valued at $208.64 at 13:24 EST, way below its 52-week high of $264.53 and way above its 52-week low of $189.40.
Moving Average
ResMed's worth is below its 50-day moving average of $221.87 and under its 200-day moving average of $224.08.4. The First of Long Island Corporation (FLIC)
30.15% Payout Ratio
The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations. The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, savings, time deposit, holiday club, and individual retirement accounts. It also provides commercial and residential mortgage, commercial and industrial, small business credit scored, Small Business Administration, construction and land development, consumer, and home equity lines of credit/loans, as well as commercial and standby letters of credit; debit or credit cards; and overdraft facilities. In addition, the company offers life insurance, trust, estate and custody, retail investment, bill payment, lockbox, ACH, safe deposit box rental, wire transfer, money order, checkbook printing, check, ATM, and online and mobile banking services, as well as investment securities, management, and advisory services. It operates 40 branches, including 17 branches in Nassau, 15 in Suffolk, 5 in Queens, 2 in Brooklyn, and 1 in Manhattan. The company was founded in 1927 and is headquartered in Glen Head, New York.
Earnings Per Share
As for profitability, The First of Long Island Corporation has a trailing twelve months EPS of $1.99.
PE Ratio
The First of Long Island Corporation has a trailing twelve months price to earnings ratio of 9.05. Meaning, the purchaser of the share is investing $9.05 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 11.81%.Sales Growth
The First of Long Island Corporation's sales growth is 4.6% for the current quarter and 8.2% for the next.
Yearly Top and Bottom Value
The First of Long Island Corporation's stock is valued at $18.00 at 13:24 EST, way under its 52-week high of $22.95 and higher than its 52-week low of $16.51.