(VIANEWS) - Rockwell Automation (ROK), Sapiens International Corporation N.V. (SPNS), TJX Companies (TJX) 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 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 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. Rockwell Automation (ROK)
77.31% Payout Ratio
Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in the United States and internationally. The company operates in three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products, and services. The Intelligent Devices segment offers drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software & Control segment provides control and visualization software and hardware, information software, digital twin and simulation software, and network and security infrastructure solutions. The Lifecycle Services segment provides consulting, professional services and solutions, and connected and maintenance services. The company sells its solutions primarily through independent distributors in relation with its direct sales force. It serves discrete end markets, including automotive, semiconductor, warehousing and logistics, and other discrete markets, as well as general industries comprising printing and publishing, marine, glass, fiber and textiles, airports, and aerospace; hybrid end markets, such as food and beverage, life sciences, household and personal care, and tire, as well as eco industrial, including water/wastewater, waste management, mass transit, and renewable energy; and process end markets comprising oil and gas, mining, metals, chemicals, pulp and paper, and others. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.
Earnings per Share
Rockwell Automation's trailing 12 months earnings per share (EPS) is $13.57
PE Ratio
Rockwell Automation's trailing 12-month price-to-earnings ratio is 18.89. The purchaser of the shares is therefore investing $18.89 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 24.99%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 27.5% and 18.7% respectively.Moving Average
Rockwell Automation is worth more than its moving average for 50 days of $251.65 (and higher than the 200-day average of $239.30).2. Sapiens International Corporation N.V. (SPNS)
72.92% Payout Ratio
Sapiens International Corporation N.V. offers software solutions to the financial and insurance services industry in North America, Europe and the Asia Pacific. Sapiens CoreSuite is available for personal, business, and specialty lines. Reinsurance and workers' comp are also offered by Sapiens CoreSuite. Sapiens UnderwritingPro and Sapiens ApplicationPro are Sapiens illustrationPro and Sapiens CoreSuite. Sapiens ConsolidationMaster can be used for annuities, life and pension. Sapiens DigitalSuite is available to insurance agents, brokers and risk managers. Sapiens AgentConnect, Sapiens CustomerConnect, Sapiens IntelligencePro and Sapiens AgentConnect portals. Sapiens Advanced Analytics uses AI and Machine Learning, to provide actionable insights based upon different models in the insurance value chain. The company also offers Sapiens ReinsuranceMaster and Sapiens ReinsurancePro reinsurance options; Sapiens Platform and Sapiens CoreSuite and Sapiens ClaimsPro as well as Sapiens PolicyGo and Sapiens ClaimsGo and Sapiens Connect to workers' compensation. It also offers financial and compliance services, including Sapiens FinancialPro and Sapiens Financial GO as well as Sapiens StatementPro and Sapiens CheckPro. Sapiens Connect for workers' compensation is available through Sapiens Platform, Sapiens CoreSuite, Sapiens PolicyPro and Sapiens ClaimsPro. The company also offers customized solutions based upon its Sapiens eMerge platform. It also provides program delivery, managed services, and business management. The company markets its services and products through partner and direct sales. Holon is the headquarters of this company, which was established in 1982.
Earnings Per Share
As for profitability, Sapiens International Corporation N.V. has a trailing twelve months EPS of $0.96.
PE Ratio
Sapiens International Corporation N.V. has a trailing twelve months price to earnings ratio of 19.21. Meaning, the purchaser of the share is investing $19.21 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 13.87%.Earnings before Interest, Taxes and Depreciation
Sapiens International Corporation N.V. has an EBITDA of 2.13
3. TJX Companies (TJX)
37.82% Payout Ratio
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; and other merchandise. As of February 23, 2022, it operated 1,284 T.J. Maxx, 1,148 Marshalls, 850 HomeGoods, 59 Sierra, and 39 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States; 293 Winners, 147 HomeSense, and 106 Marshalls stores in Canada; 618 T.K. Maxx and 77 Homesense stores, as well as tkmaxx.com in Europe; and 68 T.K. Maxx stores in Australia. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts.
Earnings Per Share
As for profitability, TJX Companies has a trailing twelve months EPS of $0.07.
PE Ratio
TJX Companies has a trailing twelve months price to earnings ratio of 1134.57. Meaning, the purchaser of the share is investing $1134.57 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 56.86%.Growth Estimates Quarters
The company's growth estimates for the current quarter is a negative 12.7% and positive 2.4% for the next.Revenue growth
The year-over-year revenue growth was 13.1%. It now stands at 49.87B in the 12 trailing months.
Volume
Today's last reported volume for TJX Companies is 1736780 which is 69.24% below its average volume of 5647220.
4. Hanover Insurance Group (THG)
37.31% Payout Ratio
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, and other miscellaneous coverages. The Other segment offers investment management and advisory services to institutions, pension funds, and other organizations. The company markets its products and services through independent agents and brokers. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Earnings Per Share
As for profitability, Hanover Insurance Group has a trailing twelve months EPS of $8.04.
PE Ratio
Hanover Insurance Group has a trailing twelve months price to earnings ratio of 17.33. Meaning, the purchaser of the share is investing $17.33 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 10.8%.Moving Average
Hanover Insurance Group is valued below its moving average for 50 days of $140.16, and its moving average for 200 days of $141.12.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 3.24 and the estimated forward annual dividend yield is 2.33%.
Sales Growth
Hanover Insurance Group saw a 7.1% increase in sales for its current quarter, and 4.6% the following.
Volume
Hanover Insurance Group's current reported volume is 130719, which is 26.51 percent below the average volume (177882).
5. Hillenbrand (HI)
30.1% Payout Ratio
Hillenbrand, Inc. is an industrial company that operates in multiple markets both nationally and within the United States. Two segments of the company are Process Equipment Group, and Batesville. Process Equipment Group designs, produces, markets and services material handling equipment for various industries. This includes plastics and food, pharmaceuticals and chemicals. The Batesville section designs, manufactures and distributes funeral products and solutions. These include burial caskets and cremation caskets as well as containers and urns. There are also other memorialization, personalization, and technology products. Hillenbrand, Inc., was established in 2007. It is located in Batesville, Indiana.
Earnings Per Share
As for profitability, Hillenbrand has a trailing twelve months EPS of $2.89.
PE Ratio
Hillenbrand has a trailing twelve months price to earnings ratio of 17.74. Meaning, the purchaser of the share is investing $17.74 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 18.39%.Growth Estimates Quarters
For the current quarter, the company expects a decline of 6.4% in growth and a rise of 6.9% the following.Earnings Before Interest, Taxes, Depreciation, and Amortization
Hillenbrand's EBITDA is 1.57.