(VIANEWS) - Albemarle (ALB), Texas Roadhouse (TXRH), Hurco Companies (HURC) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. 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 issue them.
When researching 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. Albemarle (ALB)
72.69% Payout Ratio
Albemarle Corporation is a global manufacturer and marketer of engineered specialty chemicals. The company operates in three main segments, Lithium and Bromine. Lithium offers lithium compounds such as lithium carbonate and lithium hydroxide. It also has lithium specialties. The company also offers cesium products to the pharmaceutical and chemical industries, zirconium and barium products, as well as titanium products for pyrotechnical uses, including airbag initiators, technical services for handling reactive lithium products, and recycling of lithium-containing byproducts. Bromine offers specialty chemicals such as bromine, inorganic and elemental bromides; brominated powdered active carbon and other bromine fine chemical for use in chemical and industrial synthesis. Catalysts provides hydroprocessing and isomerization as well as fluidized catalysts for cracking and additives. It serves markets such as energy storage, petroleum refining and consumer electronics. Albemarle Corporation was established in 1887. It is located in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Albemarle has a trailing twelve months EPS of $3.52.
PE Ratio
Albemarle has a trailing twelve months price to earnings ratio of 68.09. Meaning, the purchaser of the share is investing $68.09 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 5.66%.2. Texas Roadhouse (TXRH)
46.99% Payout Ratio
Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of December 29, 2020, it operated 537 domestic restaurants and 97 franchise restaurants. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.
Earnings per Share
Texas Roadhouse's trailing twelve-month EPS is $1.13.
PE Ratio
Texas Roadhouse's trailing 12-month price-to-earnings ratio is 82.77. The purchaser of the shares is therefore investing $82.77 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 25.87%.3. Hurco Companies (HURC)
43.94% Payout Ratio
Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine tools, including vertical machining centers and turning centers. It also provides computer control systems and related software for press brake applications. In addition, the company offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was founded in 1968 and is headquartered in Indianapolis, Indiana.
Earnings per Share
Hurco Companies' trailing twelve-month EPS is $-0.7.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 3.81%.4. Royal Bank Of Canada (RY)
43.35% Payout Ratio
Royal Bank of Canada is a global financial services company that offers a variety of financial products and services. Personal & Commercial Banking offers personal and commercial banking services, such as checking and saving accounts, home equity financing and private lending. The segment provides financial services via branches, automated banktellers, and a mobile sales network. The company's Wealth Management segment offers a range of strategies and advice to individuals and institutions with high net worth or ultra-high networth. Its Insurance segment provides life, health and home insurance, as well as travel and wealth insurance to individuals, businesses, and groups through RBC's advice centers and RBC insurance shops. The RBC also has mobile advisors, RBC mobile insurance stores and independent brokers. The Investor & Treasury Services segment offers asset servicing, custody and payments to investors. It also provides fund and investment administration services, including shareholder, private capital performance monitoring and compliance monitoring. Distribution, transaction banking and cash management are some of the services offered by this division. Capital Markets offers investment and corporate banking services as well as advisory, sales, trading, equity and debt origination services to corporations, institutions, asset managers and private equity firms. It was established in Toronto in Canada in 1864.
Earnings per Share
Royal Bank Of Canada's trailing 12-month EPS is $6.58.
PE Ratio
Royal Bank Of Canada's trailing 12-month price-to-earnings ratio is 15.18. The purchaser of the shares is investing $15.18 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 15.79%.Sales Growth
Royal Bank Of Canada has a negative 3.8% sales growth in the current quarter.
Annual Top and Bottom Value
Royal Bank Of Canada stock was valued at $99.82 as of 19:23 EST. This is way lower than the 52-week high $119.41, and much higher than the 52-week low $83.63.
Revenue growth
The year-on-year revenue growth for quarterly declined 11.3%. 48.92B is the current trailing month's total.
5. NBT Bancorp (NBTB)
32.29% Payout Ratio
NBT Bancorp Inc. is a financial holding firm that provides retail and commercial banking as well as wealth management services. Deposit products offered by NBT Bancorp Inc. include savings, demand deposit and certificates of deposit. Its loan portfolio includes commercial, industrial, commercial real property, agricultural and commercial construction loans. Indirect and direct consumer, residential, mortgages and business banking loans are also available. The company also offers trust and investment, financial planning and insurance services as well as retirement plan consulting services and record keeping services. The company also offers personal, casualty and business insurance. It can provide other services via online, mobile and phone channels, which allow customers to access balances, make transfers, send funds, pay bills and view statements. Customers can also apply for loans and check their accounts. It had 141 branches in New York, Pennsylvania and Vermont and 176 ATMs throughout New Hampshire, Massachusetts, New Hampshire and Maine as of December 31, 2020. NBT Bancorp Inc. is located in Norwich, New York.
Earnings per Share
NBT Bancorp's trailing twelve-month EPS is $3.53.
PE Ratio
NBT Bancorp's trailing 12-month price-to-earnings ratio is 12.3. The purchaser of the shares is therefore investing $12.3 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 12.78%.Sales Growth
NBT Bancorp saw a 5.5% increase in sales for its current quarter, and 9.6% the following.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 497.62M for the twelve trailing months.