(VIANEWS) – Newmont Mining (NEM), Agree Realty Corporation (ADC), ITT Educational Services (ESI) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Newmont Mining (NEM)
180.33% Payout Ratio
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, Newmont Mining has a trailing twelve months EPS of $3.19.
PE Ratio
Newmont Mining has a trailing twelve months price to earnings ratio of 15.34. Meaning, the purchaser of the share is investing $15.34 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 1.3%.
2. Agree Realty Corporation (ADC)
153.28% Payout Ratio
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.89.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 35.5. Meaning, the purchaser of the share is investing $35.5 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 3.8%.
3. ITT Educational Services (ESI)
42.67% Payout Ratio
Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products. This segment also supplies solder technologies, fluxes, cleaners, and other attachment materials for the electronics assembly industry; proprietary liquid chemical processes to manufacture printed circuit boards; and advanced copper interconnects, die attachment, wafer bump processes, and photomask technologies for integrated circuit fabrication and semiconductor packaging. It primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment provides industrial solutions, which include chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids for offshore energy production applications. It serves aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1785 and is headquartered in Fort Lauderdale, Florida.
Earnings Per Share
As for profitability, ITT Educational Services has a trailing twelve months EPS of $0.75.
PE Ratio
ITT Educational Services has a trailing twelve months price to earnings ratio of 24.8. Meaning, the purchaser of the share is investing $24.8 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 7.68%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 23.7% and a negative 10.5%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ITT Educational Services’s EBITDA is 2.4.
Yearly Top and Bottom Value
ITT Educational Services’s stock is valued at $18.60 at 14:23 EST, way below its 52-week high of $23.16 and way above its 52-week low of $15.31.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 1.74%.
4. Silvercrest Asset Management Group (SAMG)
36.46% Payout Ratio
Silvercrest Asset Management Group Inc., a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors. It also manages funds of funds and other investment funds. The company was founded in 2002 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Silvercrest Asset Management Group has a trailing twelve months EPS of $1.94.
PE Ratio
Silvercrest Asset Management Group has a trailing twelve months price to earnings ratio of 8.4. Meaning, the purchaser of the share is investing $8.4 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 25.38%.
Yearly Top and Bottom Value
Silvercrest Asset Management Group’s stock is valued at $16.30 at 14:23 EST, way under its 52-week high of $22.68 and higher than its 52-week low of $14.94.
Sales Growth
Silvercrest Asset Management Group’s sales growth is negative 11.8% for the ongoing quarter and negative 4.5% for the next.
Volume
Today’s last reported volume for Silvercrest Asset Management Group is 43442 which is 62.09% above its average volume of 26800.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 4.46%.
