(VIANEWS) – Baxter International (BAX), Newell Rubbermaid (NWL), Golden Ocean Group Limited (GOGL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 researching 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. Baxter International (BAX)
252.17% Payout Ratio
Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company offers peritoneal dialysis and hemodialysis, and additional dialysis therapies and services; intravenous therapies, infusion pumps, administration sets, and drug reconstitution devices; premixed and oncology drug platforms, inhaled anesthesia and critical care products and pharmacy compounding services; parenteral nutrition therapies and related products; biological products and medical devices used in surgical procedures for hemostasis, tissue sealing and adhesion prevention; and continuous renal replacement therapies and other organ support therapies focused in the intensive care unit. It also provides connected care solutions, including devices, software, communications, and integration technologies; integrated patient monitoring and diagnostic technologies to help diagnose, treat, and manage a various illness and diseases, including respiratory therapy, cardiology, vision screening, and physical assessment; surgical video technologies, tables, lights, pendants, precision positioning devices and other accessories. In addition, the company offers contracted services to various pharmaceutical and biopharmaceutical companies. Its products are used in hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors' offices, and patients at home under physician supervision. The company sells its products through direct sales force, as well as through independent distributors, drug wholesalers, and specialty pharmacy or other alternate site providers in approximately 100 countries. It has an agreement with Celerity Pharmaceutical, LLC to develop acute care generic injectable premix and oncolytic molecules; and a collaborative research agreement with Miromatrix Medical Inc. to develop treatments for patients with acute liver failure. Baxter International Inc. was incorporated in 1931 and is based in Deerfield, Illinois.
Earnings Per Share
As for profitability, Baxter International has a trailing twelve months EPS of $0.46.
PE Ratio
Baxter International has a trailing twelve months price to earnings ratio of 83.77. Meaning, the purchaser of the share is investing $83.77 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 3.42%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 3.02%.
Yearly Top and Bottom Value
Baxter International’s stock is valued at $38.53 at 22:23 EST, way under its 52-week high of $53.12 and way higher than its 52-week low of $31.01.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 15.28B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 2.3% and positive 28.6% for the next.
2. Newell Rubbermaid (NWL)
195.74% Payout Ratio
Newell Brands Inc. engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in five segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization products; hygiene systems and material handling solutions; and connected home and security products under the Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands. The Home Appliances segment offers kitchen appliances under the Calphalon, Crockpot, Mr. Coffee, Oster, and Sunbeam brands. The Home Solutions segment provides food and home storage; fresh preserving; vacuum sealing; and gourmet cookware, bakeware, cutlery, and home fragrance products under the Ball, Calphalon, Chesapeake Bay Candle, FoodSaver, Rubbermaid, Sistema, WoodWick, and Yankee Candle brands. The Learning and Development segment offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; labeling solutions; and baby gear and infant care products under the Aprica, Baby Jogger, Dymo, Elmer's, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Tigex, Waterman, and X-Acto brands. The Outdoor and Recreation segment provides outdoor and outdoor-related products under the Campingaz, Coleman, Contigo, ExOfficio, and Marmot brands. It serves warehouse clubs, department and drug/grocery stores, mass merchants, home centers, commercial products distributors, specialty retailers, office superstores and supply stores, contract stationers, e-commerce retailers, sporting goods, and travel retailers, as well as direct to consumers online, select contract customers, and other professional customers. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.
Earnings Per Share
As for profitability, Newell Rubbermaid has a trailing twelve months EPS of $-1.33.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -15.97%.
Volume
Today’s last reported volume for Newell Rubbermaid is 18554400 which is 253.63% above its average volume of 5246720.
Moving Average
Newell Rubbermaid’s value is way higher than its 50-day moving average of $7.40 and below its 200-day moving average of $9.52.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 28, 2023, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 3.2%.
3. Golden Ocean Group Limited (GOGL)
122.95% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $0.61.
PE Ratio
Golden Ocean Group Limited has a trailing twelve months price to earnings ratio of 14.54. Meaning, the purchaser of the share is investing $14.54 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 6.46%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Golden Ocean Group Limited’s EBITDA is 3.58.
Moving Average
Golden Ocean Group Limited’s worth is above its 50-day moving average of $8.10 and above its 200-day moving average of $8.16.
Sales Growth
Golden Ocean Group Limited’s sales growth is 3.6% for the ongoing quarter and 25% for the next.
4. Industrial Logistics Properties Trust (ILPT)
92.31% Payout Ratio
ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
Earnings Per Share
As for profitability, Industrial Logistics Properties Trust has a trailing twelve months EPS of $-1.64.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -11.64%.
Yearly Top and Bottom Value
Industrial Logistics Properties Trust’s stock is valued at $4.80 at 22:23 EST, below its 52-week high of $4.98 and way higher than its 52-week low of $1.65.
Volume
Today’s last reported volume for Industrial Logistics Properties Trust is 1109090 which is 91.74% above its average volume of 578417.
5. Park Electrochemical Corporation (PKE)
88.24% Payout Ratio
Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.
Earnings Per Share
As for profitability, Park Electrochemical Corporation has a trailing twelve months EPS of $0.51.
PE Ratio
Park Electrochemical Corporation has a trailing twelve months price to earnings ratio of 28.41. Meaning, the purchaser of the share is investing $28.41 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 8.54%.
6. ASML Holding (ASML)
30.29% Payout Ratio
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
Earnings Per Share
As for profitability, ASML Holding has a trailing twelve months EPS of $21.15.
PE Ratio
ASML Holding has a trailing twelve months price to earnings ratio of 35.58. Meaning, the purchaser of the share is investing $35.58 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 76.27%.
Moving Average
ASML Holding’s worth is way higher than its 50-day moving average of $664.39 and way higher than its 200-day moving average of $663.95.
Previous days news about ASML Holding (ASML)
- According to Zacks on Thursday, 21 December, "Most of the fund’s holdings were in companies like Novo Nordisk A/S (2.2%), LVMH Moet Hennessy Louis Vuitton SE (2.1%) and ASML Holding N.V. (2%) as of Jul 31, 2023."
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
