(VIANEWS) – Steelcase (SCS), Cousins Properties Incorporated (CUZ), Suburban Propane Partners, L.P. (SPH) 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 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. Steelcase (SCS)
163.33% Payout Ratio
Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. It operates through Americas, EMEA, and Other segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, and mobile power and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles, wall coverings, and surface imaging solutions for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, Designtex, Coalesse, AMQ, Smith System, Orangebox, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Steelcase has a trailing twelve months EPS of $0.3.
PE Ratio
Steelcase has a trailing twelve months price to earnings ratio of 25.43. Meaning, the purchaser of the share is investing $25.43 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 4.21%.
Moving Average
Steelcase’s worth is under its 50-day moving average of $7.92 and under its 200-day moving average of $8.41.
Yearly Top and Bottom Value
Steelcase’s stock is valued at $7.63 at 02:24 EST, way under its 52-week high of $12.43 and way higher than its 52-week low of $6.20.
2. Cousins Properties Incorporated (CUZ)
115.32% Payout Ratio
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments.
Earnings Per Share
As for profitability, Cousins Properties Incorporated has a trailing twelve months EPS of $1.11.
PE Ratio
Cousins Properties Incorporated has a trailing twelve months price to earnings ratio of 19.32. Meaning, the purchaser of the share is investing $19.32 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 3.51%.
Moving Average
Cousins Properties Incorporated’s value is below its 50-day moving average of $21.93 and way under its 200-day moving average of $25.08.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.3%, now sitting on 780.93M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cousins Properties Incorporated’s EBITDA is 7.47.
Yearly Top and Bottom Value
Cousins Properties Incorporated’s stock is valued at $21.45 at 02:24 EST, way below its 52-week high of $36.63 and way higher than its 52-week low of $18.06.
3. Suburban Propane Partners, L.P. (SPH)
50.98% Payout Ratio
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels. The company operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 24, 2022, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 42 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is based in Whippany, New Jersey.
Earnings Per Share
As for profitability, Suburban Propane Partners, L.P. has a trailing twelve months EPS of $2.55.
PE Ratio
Suburban Propane Partners, L.P. has a trailing twelve months price to earnings ratio of 5.85. Meaning, the purchaser of the share is investing $5.85 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 34.5%.
Volume
Today’s last reported volume for Suburban Propane Partners, L.P. is 41617 which is 74.76% below its average volume of 164890.
4. Ashland (ASH)
38.27% Payout Ratio
Ashland Global Holdings Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences; Personal Care & Household; Specialty Additives; and Intermediates and Solvents segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions. The Personal Care & Household segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. The Intermediates and Solvents segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. Ashland Global Holdings Inc. offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Inc. and changed its name to Ashland Global Holdings Inc. in September 2016. Ashland Global Holdings Inc. was founded in 1924 and is based in Wilmington, Delaware.
Earnings Per Share
As for profitability, Ashland has a trailing twelve months EPS of $3.41.
PE Ratio
Ashland has a trailing twelve months price to earnings ratio of 29.8. Meaning, the purchaser of the share is investing $29.8 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 6.28%.
Previous days news about Ashland (ASH)
- Ashland's (ash) earnings and revenues lag estimates in Q2. According to Zacks on Friday, 5 May, "Shares of Ashland have lost 12.6% in the past year compared with a 2.7% decline of the industry."
5. TrustCo Bank Corp NY (TRST)
35.88% Payout Ratio
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. As of December 31, 2020, it operated 148 banking offices and 164 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
Earnings Per Share
As for profitability, TrustCo Bank Corp NY has a trailing twelve months EPS of $3.93.
PE Ratio
TrustCo Bank Corp NY has a trailing twelve months price to earnings ratio of 7.5. Meaning, the purchaser of the share is investing $7.5 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 12.53%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.7%, now sitting on 199.74M for the twelve trailing months.
