(VIANEWS) – American Tower (AMT), MetLife (MET), Seacoast Banking Corporation of Florida (SBCF) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. American Tower (AMT)
91.1% Payout Ratio
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the “Earnings Materials” and “Investor Presentations” sections of our investor relations website at www.americantower.com.
Earnings Per Share
As for profitability, American Tower has a trailing twelve months EPS of $4.31.
PE Ratio
American Tower has a trailing twelve months price to earnings ratio of 52.76. Meaning,
the purchaser of the share is investing $52.76 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 6, 2022, the estimated forward annual dividend rate is 5.88 and the estimated forward annual dividend yield is 2.99%.
Yearly Top and Bottom Value
American Tower’s stock is valued at $227.40 at 01:24 EST, way below its 52-week high of $282.47 and way higher than its 52-week low of $178.17.
2. MetLife (MET)
49.08% Payout Ratio
MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through five segments: U.S.; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements. It also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products; and other products and services, such as life insurance products and funding agreements for funding postretirement benefits, as well as company, bank, or trust-owned life insurance used to finance nonqualified benefit programs for executives. In addition, it provides fixed, indexed-linked, and variable annuities; and pension products; regular savings products; whole and term life, endowments, universal and variable life, and group life products; longevity reinsurance solutions; credit insurance products; and protection against long-term health care services. MetLife, Inc. was founded in 1863 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, MetLife has a trailing twelve months EPS of $5.68.
PE Ratio
MetLife has a trailing twelve months price to earnings ratio of 12.8. Meaning,
the purchaser of the share is investing $12.8 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 6.76%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 16%, now sitting on 68.31B for the twelve trailing months.
Yearly Top and Bottom Value
MetLife’s stock is valued at $72.70 at 01:24 EST, under its 52-week high of $77.36 and way above its 52-week low of $57.41.
Volume
Today’s last reported volume for MetLife is 3439620 which is 8.03% below its average volume of 3739960.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 6, 2022, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 2.82%.
3. Seacoast Banking Corporation of Florida (SBCF)
30.77% Payout Ratio
Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.
Earnings Per Share
As for profitability, Seacoast Banking Corporation of Florida has a trailing twelve months EPS of $1.95.
PE Ratio
Seacoast Banking Corporation of Florida has a trailing twelve months price to earnings ratio of 16.37. Meaning,
the purchaser of the share is investing $16.37 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 9.22%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.9%, now sitting on 377.78M for the twelve trailing months.
4. United Fire Group (UFCS)
30.1% Payout Ratio
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.
Earnings Per Share
As for profitability, United Fire Group has a trailing twelve months EPS of $2.06.
PE Ratio
United Fire Group has a trailing twelve months price to earnings ratio of 14.47. Meaning,
the purchaser of the share is investing $14.47 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 6.95%.
