(VIANEWS) - BlackRock Resources (BCX), Paychex (PAYX), Analog Devices (ADI) 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 promise 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 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. BlackRock Resources (BCX)
91.82% Payout Ratio
Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors. The fund also invests through derivatives with exposure to commodity or natural resources companies, with an emphasis on option writing. Blackrock Resources & Commodities Strategy Trust was formed on March 30, 2011 and is domiciled in the United States.
Earnings per Share
BlackRock Resources' trailing twelve-month EPS is $0.55.
PE Ratio
BlackRock Resources' trailing 12-month price-earnings ratio is 17.6. The purchaser of the shares is therefore investing $17.6 per dollar in annual earnings.
2. Paychex (PAYX)
73.05% Payout Ratio
Paychex, Inc. offers integrated solutions in human capital management for HR, payroll, benefits, insurance, and other services to small and medium-sized companies throughout the United States, Europe, India, and Canada. Paychex, Inc. offers services such as payroll processing; payroll tax administration; employee payment services and regulatory compliance services like garnishment processing and new-hire reporting. It also offers HR services, such as payroll processing, employer compliance and HR and employee benefit administration services, and on-site availability by a professionally trained representative. It also offers cloud-based software for HR management, employee benefits administration, time attendance, digital communication, recruitment, and onboarding. Additionally, the company provides various services to small and medium-sized business, including payroll funding, outsourcing, tax preparation, payroll processing, invoicing and tax preparation, payment processing services and small-business loans resource centers. The company also offers insurance services, which include workers' compensation, cyber security protection and business-owner policies. It also provides coverage for health and benefits, including vision, health, life, and dental. The company sells and markets its products primarily via its direct sales force. It was established in 1971, and its headquarters is in Rochester, New York.
Earnings Per Share
As for profitability, Paychex has a trailing twelve months EPS of $2.92.
PE Ratio
Paychex has a trailing twelve months price to earnings ratio of 42.68. Meaning, the purchaser of the share is investing $42.68 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 46.54%.3. Analog Devices (ADI)
56.57% Payout Ratio
Analog Devices, Inc. develops, produces, markets, and tests integrated circuits (ICs), as well as software, that use analog, mixed-signal, or digital signal processing technology. Data converter products are used to convert real-world analog signals into digital signals. They also provide power management products that can be used for driver monitoring and sequencing as well as power conversion. Power ICs offer performance, integration and simulation tools for precise power supply design. It also offers high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. The company also offers high-speed numerical calculations and digital signal processing products. The company serves customers in various markets including industrial, automotive and consumer. It also has third-party distributors and independent sales reps in North America, Europe and Japan. Analog Devices, Inc., was founded in 1965. It is located in Wilmington, Massachusetts.
Earnings Per Share
As for profitability, Analog Devices has a trailing twelve months EPS of $3.77.
PE Ratio
Analog Devices has a trailing twelve months price to earnings ratio of 46.35. Meaning, the purchaser of the share is investing $46.35 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 7.38%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 34% and 0.8% respectively.Volume
Today's last reported volume for Analog Devices is 771239 which is 79.43% below its average volume of 3751040.
4. Toronto Dominion Bank (TD)
41.74% Payout Ratio
Together with its affiliates, Toronto-Dominion Bank offers a variety of financial services and products in Canada, the United States and abroad. The bank operates in three distinct segments, U.S. Retail and Wholesale Banking. It offers personal deposit options, including chequing and savings; financial, investment, cash management and international trade services; as well as financing options for customers at the point of purchase to finance automotive and recreational vehicle acquisitions. The company also offers credit cards, payments, real estate secured loans, auto financing, and consumer loan services. It also has point-of sale payment products for small and large businesses. Wealth and asset management products are offered, along with advice to institutional and retail clients via direct investment, advice-based and asset management business. It also offers capital markets and corporate and investment banking services. This includes underwriting, distribution of equity and new debt, as well as advice regarding strategic acquisitions or divestitures. The company also trades, funds, and provides investment services for corporations, governments and institutions. The company offers products and services through the TD Bank, America's Most Convenient Bank brands. It operates via a network that includes 1,061 branches, 3,381 automatic teller machines (ATMs), in Canada and 1,148 shops and 2,701 ATMs, in the United States. The company also offers phone, digital and mobile banking services. Canada Post Corporation is a strategic partner. Toronto-Dominion Bank, which was established in 1855, is located in Toronto Canada.
Earnings per Share
Toronto Dominion Bank's trailing 12-month EPS is $5.37.
PE Ratio
Toronto Dominion Bank's trailing 12-month price-to-earnings ratio is 12.16. The purchaser of the shares is therefore investing $12.16 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 15.34%.5. TJX Companies (TJX)
37.82% Payout Ratio
Together with its subsidiaries, The TJX Companies, Inc. operates as an off price apparel and home fashions retailer. The company operates in four areas: Marmaxxx, HomeGoods and TJX Canada. It sells apparel for families, including shoes and accessories. It had 1,284 T.J. Maxx and 1,148 Marshalls as well as tjmaxx.com and marshalls.com and sierra.com (U.S.), 293 winners, 147 HomeSense and 106 Marshalls shops in Canada and 618 T.K. Maxx, 77 Homesense shops and tkmaxx.com Europe. Maxx Australia stores. Maxx was founded in 1962 in Framingham Massachusetts.
Earnings per Share
TJX Companies' trailing twelve-month EPS is $0.07.
PE Ratio
TJX Companies' trailing 12-month price-earnings ratio is 1138.14. The purchaser of the shares is investing $1138.14 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 56.86%.Moving Average
TJX Companies's worth is way above its 50-day moving average of $65.52 and way above its 200-day moving average of $63.33.Revenue Growth
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 49.87B for the twelve trailing months.
6. International Bancshares Corporation (IBOC)
30.15% Payout Ratio
International Bancshares Corporation is a multinational financial holding company that provides retail and commercial banking services. You can make checking or saving deposits and offer personal, commercial, residential, automotive, as well as term and installment loans. It also offers international banking services such as letters of credit and commercial and industrial loans. It also offers other services such as safety deposit boxes and credit cards; collection, notary public and escrow facilities; drive-up and walk-up services and customary banking services. The company also provides Internet banking services and securities products through third parties. The company has 188 branches and 284 ATMs that serve 88 areas in Texas and Oklahoma as of June 30, 2020. International Bancshares Corporation was established in 1966. It is located in Laredo Texas.
Earnings Per Share
As for profitability, International Bancshares Corporation has a trailing twelve months EPS of $4.02.
PE Ratio
International Bancshares Corporation has a trailing twelve months price to earnings ratio of 13.08. Meaning, the purchaser of the share is investing $13.08 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 11.83%.Volume
Today's last reported volume for International Bancshares Corporation is 44900 which is 84.08% below its average volume of 282171.
Annual Top and Bottom Value
International Bancshares Corporation stock was valued at $52.57 as of 13:24 EST. This is below its 52 week high of $53.71 but well above its low 52-week of $38.00.