(VIANEWS) - Edison International (EIX), Home Depot (HD), Hope Bancorp (HOPE) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio so far. 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 issue them.
When researching 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. Edison International (EIX)
147.37% Payout Ratio
Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. The company also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations. The company was founded in 1886 and is headquartered in Rosemead, California.
Earnings Per Share
As for profitability, Edison International has a trailing twelve months EPS of $2.16.
PE Ratio
Edison International has a trailing twelve months price to earnings ratio of 31.7. Meaning, the purchaser of the share is investing $31.7 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 4.23%.Sales Growth
Edison International's sales growth is negative 7.5% for the present quarter and negative 5.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.3%, now sitting on 16.54B for the twelve trailing months.
Moving Average
Edison International's worth is above its 50-day moving average of $66.87 and higher than its 200-day moving average of $64.78.2. Home Depot (HD)
44.3% Payout Ratio
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products. As of December 31, 2021, the company operated 2,317 stores in the United States. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.
Earnings Per Share
As for profitability, Home Depot has a trailing twelve months EPS of $11.94.
PE Ratio
Home Depot has a trailing twelve months price to earnings ratio of 24.78. Meaning, the purchaser of the share is investing $24.78 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 1465.5%.Yearly Top and Bottom Value
Home Depot's stock is valued at $295.88 at 19:23 EST, way below its 52-week high of $347.25 and way higher than its 52-week low of $264.51.
Sales Growth
Home Depot's sales growth is 0.8% for the current quarter and 0.7% for the next.
Volume
Today's last reported volume for Home Depot is 2849110 which is 24.91% below its average volume of 3794350.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 29, 2022, the estimated forward annual dividend rate is 7.6 and the estimated forward annual dividend yield is 2.34%.
3. Hope Bancorp (HOPE)
30.94% Payout Ratio
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Hope Bancorp has a trailing twelve months EPS of $1.04.
PE Ratio
Hope Bancorp has a trailing twelve months price to earnings ratio of 12.7. Meaning, the purchaser of the share is investing $12.7 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 10.62%.Yearly Top and Bottom Value
Hope Bancorp's stock is valued at $13.22 at 19:23 EST, way below its 52-week high of $17.33 and higher than its 52-week low of $12.06.
Growth Estimates Quarters
The company's growth estimates for the ongoing quarter is 4.7% and a drop 14% for the next.Revenue Growth
Year-on-year quarterly revenue growth grew by 6.6%, now sitting on 620.22M for the twelve trailing months.
Sales Growth
Hope Bancorp's sales growth is 15.2% for the present quarter and 14.6% for the next.
4. AAON (AAON)
30.4% Payout Ratio
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BasX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, data centers, medical and pharmaceutical, and other commercial industries. It sells its products through a network of independent manufacturer representative organizations and internal sales force. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, AAON has a trailing twelve months EPS of $1.25.
PE Ratio
AAON has a trailing twelve months price to earnings ratio of 64.3. Meaning, the purchaser of the share is investing $64.3 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 14.64%.