Agree Realty Corporation And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Agree Realty Corporation (ADC), Empire State Realty Trust (ESRT), Camden National Corporation (CAC) 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 promise 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. Agree Realty Corporation (ADC)

158.88% Payout Ratio

Earnings Per Share

As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.79.

PE Ratio

Agree Realty Corporation has a trailing twelve months price to earnings ratio of 36.91. Meaning, the purchaser of the share is investing $36.91 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 3.74%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Agree Realty Corporation’s EBITDA is 17.99.

Volume

Today’s last reported volume for Agree Realty Corporation is 954610 which is 35.22% above its average volume of 705926.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 4.4% and a negative 4.3%, respectively.

2. Empire State Realty Trust (ESRT)

42.42% Payout Ratio

Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World's Most Famous Building.” Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.

Earnings Per Share

As for profitability, Empire State Realty Trust has a trailing twelve months EPS of $0.32.

PE Ratio

Empire State Realty Trust has a trailing twelve months price to earnings ratio of 17.81. Meaning, the purchaser of the share is investing $17.81 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 5.52%.

Yearly Top and Bottom Value

Empire State Realty Trust’s stock is valued at $5.70 at 02:23 EST, way below its 52-week high of $8.68 and above its 52-week low of $5.39.

Volume

Today’s last reported volume for Empire State Realty Trust is 843004 which is 40% below its average volume of 1405090.

Moving Average

Empire State Realty Trust’s value is below its 50-day moving average of $6.11 and way below its 200-day moving average of $7.01.

Sales Growth

Empire State Realty Trust’s sales growth is 13.1% for the present quarter and 0.9% for the next.

3. Camden National Corporation (CAC)

41.43% Payout Ratio

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

Earnings Per Share

As for profitability, Camden National Corporation has a trailing twelve months EPS of $3.91.

PE Ratio

Camden National Corporation has a trailing twelve months price to earnings ratio of 7.93. Meaning, the purchaser of the share is investing $7.93 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 12.11%.

4. Benchmark Electronics (BHE)

33.85% Payout Ratio

Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing, and automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, life cycle testing services, and environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company offers precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing services for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product's life cycle. The company serves original equipment manufacturers in the aerospace and defense, medical technologies, complex industrials, test and instrumentation, telecommunications, and high-end computing industries. It sells its products primarily through direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.

Earnings Per Share

As for profitability, Benchmark Electronics has a trailing twelve months EPS of $1.93.

PE Ratio

Benchmark Electronics has a trailing twelve months price to earnings ratio of 11.51. Meaning, the purchaser of the share is investing $11.51 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 6.93%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Benchmark Electronics’s EBITDA is 0.35.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 6% and a negative 3.5%, respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *