A.O. Smith Corporation And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Kennedy (KW), Park Electrochemical Corporation (PKE), Omega Flex (OFLX) are the highest payout ratio stocks on this list.

We have gathered information regarding stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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. Kennedy (KW)

355.56% Payout Ratio

Kennedy-Wilson Holdings, Inc. operates as a real estate investment company. The company owns, operates, and invests in real estate both on its own and through its investment management platform. It focuses on multifamily and commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy, and Japan. The company owns interest in approximately 49 million square feet of property, including 29,705 multifamily rental units; and 22.0 million square feet of commercial property. It also provides real estate services primarily to financial services clients. In addition, the company is involved in the development, redevelopment, and entitlement of real estate properties; and management of real estate properties for third parties. Kennedy-Wilson Holdings, Inc. was founded in 1977 and is headquartered in Beverly Hills, California.

Earnings Per Share

As for profitability, Kennedy has a trailing twelve months EPS of $-0.51.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.32%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9.6%, now sitting on 556.8M for the twelve trailing months.

Yearly Top and Bottom Value

Kennedy’s stock is valued at $11.05 at 13:23 EST, way under its 52-week high of $18.90 and above its 52-week low of $10.66.

Volume

Today’s last reported volume for Kennedy is 432481 which is 64.79% below its average volume of 1228360.

Sales Growth

Kennedy’s sales growth is negative 11.6% for the present quarter and negative 7.1% for the next.

2. Park Electrochemical Corporation (PKE)

101.06% Payout Ratio

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.

Earnings Per Share

As for profitability, Park Electrochemical Corporation has a trailing twelve months EPS of $0.47.

PE Ratio

Park Electrochemical Corporation has a trailing twelve months price to earnings ratio of 33.38. Meaning, the purchaser of the share is investing $33.38 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 7.74%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Park Electrochemical Corporation’s EBITDA is 4.57.

3. Omega Flex (OFLX)

74.31% Payout Ratio

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.

Earnings Per Share

As for profitability, Omega Flex has a trailing twelve months EPS of $2.18.

PE Ratio

Omega Flex has a trailing twelve months price to earnings ratio of 33.37. Meaning, the purchaser of the share is investing $33.37 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 30.37%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 17, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 1.81%.

4. A.O. Smith Corporation (AOS)

59.7% Payout Ratio

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World. The company offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; residential and commercial boilers for space heating applications in hospitals, schools, hotels, and other commercial buildings; and water treatment products, including on-the-go filtration bottles, point-of-use carbon and reverse osmosis products, point-of-entry water softeners, and whole-home water filtration products for residences, restaurants, hotels, and offices. It also provides food and beverage filtration products; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and heat pumps, combi-boilers, solar tank units, and air purification products. The company offers its products primarily under the A. O. Smith, State, Lochinvar, and water softener brands. It distributes its products through independent wholesale plumbing distributors, as well as through retail channels consisting of hardware and home center chains, and manufacturer representative firms; and offers Aquasana branded products directly to consumers through e-commerce, as well as other online retailers. The company was founded in 1874 and is headquartered in Milwaukee, Wisconsin.

Earnings Per Share

As for profitability, A.O. Smith Corporation has a trailing twelve months EPS of $2.01.

PE Ratio

A.O. Smith Corporation has a trailing twelve months price to earnings ratio of 40.86. Meaning, the purchaser of the share is investing $40.86 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 16.48%.

Volume

Today’s last reported volume for A.O. Smith Corporation is 864956 which is 7.28% below its average volume of 932941.

Earnings Before Interest, Taxes, Depreciation, and Amortization

A.O. Smith Corporation’s EBITDA is 49.32.

Yearly Top and Bottom Value

A.O. Smith Corporation’s stock is valued at $82.12 at 13:23 EST, under its 52-week high of $82.77 and way above its 52-week low of $58.82.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 3.8B for the twelve trailing months.

5. Thomson Reuters (TRI)

41.46% Payout Ratio

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.

Earnings Per Share

As for profitability, Thomson Reuters has a trailing twelve months EPS of $4.75.

PE Ratio

Thomson Reuters has a trailing twelve months price to earnings ratio of 31.47. Meaning, the purchaser of the share is investing $31.47 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 18.53%.

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of $1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $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 1%.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.

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