(VIANEWS) – American Software (AMSWA), T. Rowe Price Group (TROW), ONEOK (OKE) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio at the moment. 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. American Software (AMSWA)
137.5% Payout Ratio
American Software, Inc. develops, markets, and supports a range of computer business application software products in the United States and internationally. The company operates in three segments: Supply Chain Management (SCM), Information Technology Consulting (IT Consulting), and Other. The SCM segment offers Logility Digital Supply Chain Platform, a cloud-architected supply chain management platform that helps manage seven critical planning processes, such as product, demand, inventory, supply, deploy, integrated business planning, and supply chain data management. The IT Consulting segment provides IT staffing and consulting services, such as software enhancement, documentation, update, customer education, consulting, systems integration, maintenance, and support services. The Other segment offers American Software ERP, which provides purchasing and materials management, customer order processing, financial, e-commerce, and traditional manufacturing solutions. It also provides ongoing support and maintenance services; cloud hosting and managed services; and implementation and training services. The company markets its products through direct and indirect sales channels to the apparel and other soft goods, food and beverage, consumer packaged goods, consumer durable goods, wholesale distribution, specialty chemicals, and other process manufacturing industries. American Software, Inc. was incorporated in 1970 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, American Software has a trailing twelve months EPS of $0.32.
PE Ratio
American Software has a trailing twelve months price to earnings ratio of 39.19. Meaning, the purchaser of the share is investing $39.19 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 8.38%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
American Software’s EBITDA is 136.77.
Yearly Top and Bottom Value
American Software’s stock is valued at $12.54 at 20:23 EST, way below its 52-week high of $19.34 and above its 52-week low of $11.63.
Volume
Today’s last reported volume for American Software is 135901 which is 6.24% below its average volume of 144958.
2. T. Rowe Price Group (TROW)
78.76% Payout Ratio
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.
Earnings Per Share
As for profitability, T. Rowe Price Group has a trailing twelve months EPS of $6.12.
PE Ratio
T. Rowe Price Group has a trailing twelve months price to earnings ratio of 17.34. Meaning, the purchaser of the share is investing $17.34 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 13.64%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.5%, now sitting on 6.16B for the twelve trailing months.
3. ONEOK (OKE)
70.81% Payout Ratio
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through three segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also provides midstream services to producers of NGLs. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; NGL distribution pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana; and transports refined petroleum products, including unleaded gasoline and diesel from Kansas to Iowa, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space and rail cars. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, ONEOK has a trailing twelve months EPS of $5.31.
PE Ratio
ONEOK has a trailing twelve months price to earnings ratio of 11. Meaning, the purchaser of the share is investing $11 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 36.27%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17%, now sitting on 21.46B for the twelve trailing months.
Previous days news about ONEOK (OKE)
- Oneok (oke) signs $18.8b merger agreement with magellan. According to Zacks on Wednesday, 17 May, "For the cash portion, ONEOK acquired fully committed bridge financing of $5.25 billion.", "Per the contract, ONEOK will buy all of Magellan’s outstanding units for $18.8 billion in cash and stock."
- Oneok buys magellan (mmp) for $18.8b, creates midstream giant. According to Zacks on Thursday, 18 May, "The acquisition of Magellan by ONEOK is likely to have a positive impact on the prospects of both companies. ", "Magellan will continue to operate as a separate entity within the ONEOK organization, retaining its brand and management team. "
4. EnLink Midstream, LLC (ENLC)
60.81% Payout Ratio
EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $0.74.
PE Ratio
EnLink Midstream, LLC has a trailing twelve months price to earnings ratio of 13.07. Meaning, the purchaser of the share is investing $13.07 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 16.97%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 5.17%.
Volume
Today’s last reported volume for EnLink Midstream, LLC is 1294750 which is 42.4% below its average volume of 2248130.
Sales Growth
EnLink Midstream, LLC’s sales growth is 5.1% for the ongoing quarter and negative 10.7% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
EnLink Midstream, LLC’s EBITDA is 60.49.
5. American Eagle Outfitters (AEO)
56.25% Payout Ratio
American Eagle Outfitters, Inc. operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company provides jeans, and specialty apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women. In addition, it offers sports apparel under the Tailgate brand; and menswear products under the Todd Snyder New York brand name. As of February 1, 2020, it operated approximately 940 American Eagle stores, 148 Aerie stand-alone stores, 5 Tailgate stores, and two Todd Snyder stores in the United States, Canada, Mexico, China, and Hong Kong. It also ships to 81 countries through its Websites; and offers its merchandise at 217 locations operated by licensees in 24 countries, as well as provides products through its Websites ae.com, aerie.com, and ToddSnyder.com. American Eagle Outfitters, Inc. was founded in 1977 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, American Eagle Outfitters has a trailing twelve months EPS of $0.63.
PE Ratio
American Eagle Outfitters has a trailing twelve months price to earnings ratio of 21.25. Meaning, the purchaser of the share is investing $21.25 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 8.28%.
Moving Average
American Eagle Outfitters’s value is above its 50-day moving average of $13.27 and above its 200-day moving average of $13.20.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 6.3% and 350%, respectively.
Sales Growth
American Eagle Outfitters’s sales growth is 1.3% for the present quarter and 1.6% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
American Eagle Outfitters’s EBITDA is 35.31.
6. First Hawaiian (FHB)
48.37% Payout Ratio
First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company accepts various deposit products, including checking and savings accounts, and time deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, commercial lease financing, and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. As of December 31, 2020, it operated 54 branches in Oahu, Maui, Hawaii, Kauai, Lanai, Guam, and Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. The company was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian, Inc. is a subsidiary of BancWest Corporation.
Earnings Per Share
As for profitability, First Hawaiian has a trailing twelve months EPS of $2.15.
PE Ratio
First Hawaiian has a trailing twelve months price to earnings ratio of 7.27. Meaning, the purchaser of the share is investing $7.27 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 11.91%.
