(VIANEWS) – American Tower (AMT), India Fund (IFN), LeMaitre Vascular (LMAT) 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 guarantee of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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)
110.63% Payout Ratio
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
Earnings Per Share
As for profitability, American Tower has a trailing twelve months EPS of $3.18.
PE Ratio
American Tower has a trailing twelve months price to earnings ratio of 56.35. Meaning, the purchaser of the share is investing $56.35 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 17.23%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.4%, now sitting on 11.21B for the twelve trailing months.
Moving Average
American Tower’s worth is under its 50-day moving average of $185.28 and under its 200-day moving average of $188.67.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 6.48 and the estimated forward annual dividend yield is 3.49%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 55.9% and 30.2%, respectively.
2. India Fund (IFN)
50.77% Payout Ratio
The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.
Earnings Per Share
As for profitability, India Fund has a trailing twelve months EPS of $3.23.
PE Ratio
India Fund has a trailing twelve months price to earnings ratio of 5.45. Meaning, the purchaser of the share is investing $5.45 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 19.07%.
3. LeMaitre Vascular (LMAT)
38.41% Payout Ratio
LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. It offers restoreflow allografts; angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; thrombectomy catheters for removing thrombi in the venous system; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to perfuse the blood and other fluids into the vasculature; and thrombectomy catheters, which features a silicone balloon for removing thrombi in the venous system. The company also provides artegraft biologic graft, a bovine carotid artery used for dialysis access in patients with or without a previously-failed synthetic graft; carotid shunts that temporarily shunt the blood to the brain during the removal of plaque from the carotid artery in a carotid endarterectomy surgery; and radiopaque tape, a medical-grade tape applied to the skin that enables interventionists to cross-refer between the inside and the outside of a patient's body, and allows them to locate tributaries or lesions beneath the skin. In addition, it offers valvulotomes, which cut or disrupt valves in the saphenous vein to function as an artery to carry blood past diseased arteries to the lower leg or the foot; and vascular grafts to bypass or replace diseased arteries. Further, the company provides vascular and cardiac patches, which are used for closure of vessels after surgical intervention; and closure systems to attach vessels to one another with titanium clips instead of sutures. It markets its products through a direct sales force and distributors. The company was formerly known as Vascutech, Inc. and changed its name to LeMaitre Vascular, Inc. in April 2001. LeMaitre Vascular, Inc. was incorporated in 1983 and is headquartered in Burlington, Massachusetts.
Earnings Per Share
As for profitability, LeMaitre Vascular has a trailing twelve months EPS of $1.51.
PE Ratio
LeMaitre Vascular has a trailing twelve months price to earnings ratio of 51.95. Meaning, the purchaser of the share is investing $51.95 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 11.65%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.6%, now sitting on 199.89M for the twelve trailing months.
Yearly Top and Bottom Value
LeMaitre Vascular’s stock is valued at $78.45 at 14:23 EST, under its 52-week high of $79.19 and way higher than its 52-week low of $44.27.
4. Ardmore Shipping Corporation (ASC)
35.14% Payout Ratio
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
Earnings Per Share
As for profitability, Ardmore Shipping Corporation has a trailing twelve months EPS of $2.59.
PE Ratio
Ardmore Shipping Corporation has a trailing twelve months price to earnings ratio of 8.87. Meaning, the purchaser of the share is investing $8.87 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 19.7%.
Sales Growth
Ardmore Shipping Corporation’s sales growth is 3.9% for the ongoing quarter and negative 4.5% for the next.
Moving Average
Ardmore Shipping Corporation’s value is way higher than its 50-day moving average of $17.90 and way above its 200-day moving average of $15.08.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
