(VIANEWS) – Grindrod Shipping Holdings Ltd. (GRIN), Black Hills Corporation (BKH), Babson Capital Participation Investors (MPV) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio so far. The payout ratio in itself isn’t a guarantee 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. Grindrod Shipping Holdings Ltd. (GRIN)
94.74% Payout Ratio
Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 23 owned dry bulk carriers and 8 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates a fleet of four owned tankers, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore.
Earnings Per Share
As for profitability, Grindrod Shipping Holdings Ltd. has a trailing twelve months EPS of $0.98.
PE Ratio
Grindrod Shipping Holdings Ltd. has a trailing twelve months price to earnings ratio of 8.45. Meaning, the purchaser of the share is investing $8.45 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 5.57%.
Volume
Today’s last reported volume for Grindrod Shipping Holdings Ltd. is 12346 which is 57.67% below its average volume of 29170.
Sales Growth
Grindrod Shipping Holdings Ltd.’s sales growth is negative 54.9% for the present quarter and negative 50% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Grindrod Shipping Holdings Ltd.’s EBITDA is 0.74.
2. Black Hills Corporation (BKH)
66.76% Payout Ratio
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through four segments: Electric Utilities, Gas Utilities, Power Generation, and Mining. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 216,000 electric customers in Colorado, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 992 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,083,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,774 miles of intrastate gas transmission pipelines; 41,838 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 49,000 horsepower of compression and 560 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal-fired generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
Earnings Per Share
As for profitability, Black Hills Corporation has a trailing twelve months EPS of $3.7.
PE Ratio
Black Hills Corporation has a trailing twelve months price to earnings ratio of 14.77. Meaning, the purchaser of the share is investing $14.77 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 8.34%.
Moving Average
Black Hills Corporation’s value is under its 50-day moving average of $57.15 and way under its 200-day moving average of $63.13.
3. Babson Capital Participation Investors (MPV)
63.95% Payout Ratio
Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S. High Yield Index, and Lehman Brothers Intermediate U.S. Credit Index. The fund was formerly known as Babson Capital Participation Investors. Barings Participation Investors was formed on April 7, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Babson Capital Participation Investors has a trailing twelve months EPS of $1.47.
PE Ratio
Babson Capital Participation Investors has a trailing twelve months price to earnings ratio of 9.25. Meaning, the purchaser of the share is investing $9.25 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 9.62%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 48.1%, now sitting on 17.76M for the twelve trailing months.
4. WesBanco (WSBC)
45.42% Payout Ratio
WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. It operates in two segments, Community Banking, and Trust and Investment Services. The company offers commercial demand, individual demand, and time deposit accounts; money market accounts; interest bearing and non-interest bearing demand deposits, as well as savings deposits; and certificates of deposit. It also provides commercial real estate loans; commercial and industrial loans; residential real estate loans, including loans to purchase, construct, or refinance borrower's home; home equity lines of credit; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and commercial, mortgage, and individual installment loans. In addition, the company offers trust and investment services, as well as various investment products comprising mutual funds and annuities; and securities brokerage services. Further, WesBanco, Inc., through its non-banking subsidiaries, acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. As of December 31, 2020, it operated 233 branches and 226 ATMs in West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, and Maryland, as well as six loan production offices in West Virginia, Ohio, western Pennsylvania, and Maryland. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.
Earnings Per Share
As for profitability, WesBanco has a trailing twelve months EPS of $3.06.
PE Ratio
WesBanco has a trailing twelve months price to earnings ratio of 8.03. Meaning, the purchaser of the share is investing $8.03 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 7.8%.
5. Avery Dennison Corporation (AVY)
44.09% Payout Ratio
Avery Dennison Corporation operates as materials science and digital identification solutions company. It provides branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and various converted products and solutions. The company designs and manufactures a range of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital, and improve customers' product performance. It serves an array of industries, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive worldwide. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.
Earnings Per Share
As for profitability, Avery Dennison Corporation has a trailing twelve months EPS of $6.93.
PE Ratio
Avery Dennison Corporation has a trailing twelve months price to earnings ratio of 26.16. Meaning, the purchaser of the share is investing $26.16 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 28.64%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 14.6% and positive 40.6% for the next.
Volume
Today’s last reported volume for Avery Dennison Corporation is 192968 which is 62.27% below its average volume of 511538.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 4, 2023, the estimated forward annual dividend rate is 3.24 and the estimated forward annual dividend yield is 1.77%.
Moving Average
Avery Dennison Corporation’s worth is under its 50-day moving average of $181.44 and above its 200-day moving average of $178.36.
6. Fulton Financial Corporation (FULT)
35.47% Payout Ratio
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.72.
PE Ratio
Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 7.52. Meaning, the purchaser of the share is investing $7.52 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 11.76%.
Moving Average
Fulton Financial Corporation’s value is below its 50-day moving average of $13.25 and way under its 200-day moving average of $14.39.
Sales Growth
Fulton Financial Corporation’s sales growth is 3.2% for the current quarter and negative 12.1% for the next.
Volume
Today’s last reported volume for Fulton Financial Corporation is 752539 which is 55.85% below its average volume of 1704780.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.2%, now sitting on 1.03B for the twelve trailing months.
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%.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
