(VIANEWS) - Petroleo Brasileiro (PBR), STERIS (STE), Global Indemnity Group, LLC (GBLI) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio so far. The payout ratio in itself isn't a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Petroleo Brasileiro (PBR)
90.75% Payout Ratio
Petróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.
Earnings Per Share
As for profitability, Petroleo Brasileiro has a trailing twelve months EPS of $0.2.
PE Ratio
Petroleo Brasileiro has a trailing twelve months price to earnings ratio of 50.9. Meaning, the purchaser of the share is investing $50.9 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 41.85%.2. STERIS (STE)
68.15% Payout Ratio
STERIS plc offers infection prevention products and procedures worldwide. The company operates in four areas: Healthcare, Applied Sterilization Technologies and Life Sciences. It offers cleaning chemicals and sterilization assurance products, automated endoscope processing system and tracking products, accessories for gastrointestinal procedures, washers and sterilizers and other capital equipment necessary to operate a sterile processing unit. The healthcare segment also provides equipment that is directly used in an operating room such as surgical tables, lights and connectivity solutions. You can also get capital equipment maintenance, upgrade, repair, or troubleshooting, as well as preventive maintenance programs, repairs, and services. It also offers instrument repair and maintenance and consulting services. The Applied Sterilization Technologies section provides contract sterilization services and testing for pharmaceutical and medical device manufacturers via a network that includes approximately 50 laboratory and contract sterilization facilities. Life Sciences designs, manufactures, and markets consumable products such as barrier and sterility products, vaporized hydrogen peroxide sterilizers and steam disinfectors. The segment offers maintenance, upgrade, repair and troubleshooting of equipment, as well as preventive maintenance and repair services. This segment offers hand- and powered dental tools, as well as infection control and personal protective equipment. It also provides water quality products and products for the dental suite. It supplies its services and products to hospitals and other healthcare providers as well as pharmaceutical companies. It was established in Dublin, Ireland in 1985.
Earnings Per Share
As for profitability, STERIS has a trailing twelve months EPS of $5.03.
PE Ratio
STERIS has a trailing twelve months price to earnings ratio of 39.69. Meaning, the purchaser of the share is investing $39.69 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 4.65%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 8.5% and 6.6% respectively.3. Global Indemnity Group, LLC (GBLI)
68.03% Payout Ratio
Global Indemnity Group, LLC, and its subsidiaries, provide specialty property and casualty and reinsurance products around the world through their subsidiaries. The company operates in three segments: Commercial Specialty, Farm, Ranch, & Stable, and Reinsurance Operations. Commercial Specialty distributes professional, property, general, casualty and casualty products. The segment is sold through a network that includes wholesale general agents as well program administrators. Farm, Ranch, & Stable offers agricultural insurance, including excess/umbrella and commercial farm auto coverage. Wholesalers can also sell specialized products to the equine medical and equine mortalities industries. Reinsurance Operations provides third-party treaty and professional liability products for companies via brokers. Global Indemnity Group, LLC, was established in 2003. It is located in Bala Cynwyd, Pennsylvania.
Earnings Per Share
As for profitability, Global Indemnity Group, LLC has a trailing twelve months EPS of $1.47.
PE Ratio
Global Indemnity Group, LLC has a trailing twelve months price to earnings ratio of 16.1. Meaning, the purchaser of the share is investing $16.1 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 3.28%.4. Dolby Laboratories (DLB)
55.25% Payout Ratio
Dolby Laboratories, Inc. develops and licenses imaging and audio technologies to transform entertainment and communication at cinema, home, work, and mobile devices. It licenses audio technology, including AAC and HE-AAC. These technologies are used in a variety of media applications. AVC is a high-bandwidth digital video codec that's used in media devices. Dolby AC-4 provides new audio experiences for a variety of audio playback devices. Dolby Atmos technology can be used to create surround sound effects and other media devices. Dolby Digital is a digital sound coding system that delivers multichannel sound to apps; Dolby digital Plus is a digital audio coding tech that allows audio transmission to a variety of media applications; Dolby TrueHD provides encoding for media applications; Dolby Vision is an imaging technology suitable for cinemas and other media devices; Dolby voice, an audio conferencing technique; and HEVC, a high-bandwidth digital video codec that supports media devices. The company also designs and produces digital cinema servers and cinema processors as well as amplifiers, loudspeakers and hardware components. It offers a variety of products that can be used in the entertainment, media, broadcast and communication industries. It also offers a variety of services that support theatre and television productions for home and broadcast entertainment, as well as cinema and television exhibitions. It serves content creators and post-production facilities as well as cinema operators, broadcasters and game developers. The company sells products direct to end users as well as via distributors and dealers around the world. Dolby Laboratories Inc. was established in 1965. It is located in San Francisco, California.
Earnings Per Share
As for profitability, Dolby Laboratories has a trailing twelve months EPS of $1.81.
PE Ratio
Dolby Laboratories has a trailing twelve months price to earnings ratio of 41.06. Meaning, the purchaser of the share is investing $41.06 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 7.58%.5. Starbucks (SBUX)
54.08% Payout Ratio
Starbucks Corporation and its affiliates operate as specialty coffee roasters, marketers, retailers, and distributors around the world. It operates in three areas: North America and International. The company's retail outlets offer tea and coffee beverages, coffee whole beans, ground coffees and single-serve beverages. It also sells various foods, including pastries and sandwiches. It also licenses trademarks to licensed retailers and foodservice accounts. It offers products under its brands Starbucks, Teavana and Seattle's Best Coffee as well as Ethos, Starbucks Reserve, Evolution Fresh, Ethos and Princi. It had 16,826 licensed and company-operated stores in North America as of October 3rd 2021. There were also 17,007 licensed and company-operated stores worldwide. It was established in Seattle, Washington in 1971.
Earnings Per Share
As for profitability, Starbucks has a trailing twelve months EPS of $0.85.
PE Ratio
Starbucks has a trailing twelve months price to earnings ratio of 120.18. Meaning, the purchaser of the share is investing $120.18 for every dollar of annual earnings.
Growth Estimates Quarters
The company's growth estimates for the present quarter is a negative 28% and positive 4.2% for the next.Revenue Growth
Year-on-year quarterly revenue growth grew by 8.7%, now sitting on 31.98B for the twelve trailing months.
Sales Growth
Starbucks's sales growth for the current quarter is 2%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 8, 2022, the estimated forward annual dividend rate is 2.12 and the estimated forward annual dividend yield is 2.47%.