(VIANEWS) – J.M. Smucker Company (SJM), Ventas (VTR), Tredegar Corporation (TG) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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. J.M. Smucker Company (SJM)
41200% Payout Ratio
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, 9Lives, Kibbles ‘n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish and Nature's Recipe, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
Earnings Per Share
As for profitability, J.M. Smucker Company has a trailing twelve months EPS of $-0.82.
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 -1.28%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.6%, now sitting on 8.21B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 11.4% and a negative 0.5%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 15, 2024, the estimated forward annual dividend rate is 4.24 and the estimated forward annual dividend yield is 3.62%.
Sales Growth
J.M. Smucker Company’s sales growth for the current quarter is 0.9%.
2. Ventas (VTR)
9000% Payout Ratio
Ventas Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. Ventas leverages its unmatched operational expertise, data-driven insights from its Ventas Operational InsightsTM platform, extensive relationships and strong financial position to achieve its goal of delivering outsized performance across approximately 1,400 properties. The Ventas portfolio is composed of senior housing communities, outpatient medical buildings, research centers and healthcare facilities in North America and the United Kingdom. The Company benefits from a seasoned team of talented professionals who share a commitment to excellence, integrity and a common purpose of helping people live longer, healthier, happier lives.
Earnings Per Share
As for profitability, Ventas has a trailing twelve months EPS of $-0.08.
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 -0.3%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.5%, now sitting on 4.5B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Ventas’s EBITDA is 6.9.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 29, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 4.05%.
3. Tredegar Corporation (TG)
159.38% Payout Ratio
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and fabricated aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, and Pearl A brands. This segment also provides thin-gauge films as overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Terphane, Ecophane, and Sealphane brands. Tredegar Corporation was incorporated in 1988 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Tredegar Corporation has a trailing twelve months EPS of $-3.1.
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 -59.26%.
Volume
Today’s last reported volume for Tredegar Corporation is 76500 which is 47.68% below its average volume of 146240.
Yearly Top and Bottom Value
Tredegar Corporation’s stock is valued at $6.56 at 14:23 EST, way below its 52-week high of $9.53 and way above its 52-week low of $3.98.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.5%, now sitting on 704.83M for the twelve trailing months.
4. Blackrock Floating Rate (FRA)
77.12% Payout Ratio
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Floating Rate has a trailing twelve months EPS of $1.77.
PE Ratio
Blackrock Floating Rate has a trailing twelve months price to earnings ratio of 7.31. Meaning, the purchaser of the share is investing $7.31 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 13.65%.
Yearly Top and Bottom Value
Blackrock Floating Rate’s stock is valued at $12.93 at 14:23 EST, below its 52-week high of $13.11 and way higher than its 52-week low of $11.43.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.8%, now sitting on 56.86M for the twelve trailing months.
Moving Average
Blackrock Floating Rate’s worth is above its 50-day moving average of $12.81 and higher than its 200-day moving average of $12.43.
5. BCB Bancorp (BCBP)
37.65% Payout Ratio
BCB Bancorp, Inc. operates as a bank holding company for BCB Community Bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts. It also provides loans, such as commercial and multi-family real estate, one-to-four family mortgage, commercial business, small business administration, construction, home equity and lines of credit, and consumer loans, as well as residential loans secured by one-to-four family dwellings, condominiums, and cooperative units. In addition, the company offers retail and commercial banking services comprising wire transfers, money orders, safe deposit boxes, night depository services, debit cards, online and mobile banking services, fraud detection services, and automated teller services. As of December 31, 2021, it operated 29 branch offices in Bayonne, Carteret, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lyndhurst, Maplewood, Monroe Township, Newark, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union, and Woodbridge, New Jersey, as well as three branches in Staten Island and Hicksville, New York. The company was founded in 2000 and is headquartered in Bayonne, New Jersey.
Earnings Per Share
As for profitability, BCB Bancorp has a trailing twelve months EPS of $1.7.
PE Ratio
BCB Bancorp has a trailing twelve months price to earnings ratio of 5.86. Meaning, the purchaser of the share is investing $5.86 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 9.74%.
Volume
Today’s last reported volume for BCB Bancorp is 16071 which is 67.13% below its average volume of 48903.
6. Scotts Miracle (SMG)
36.26% Payout Ratio
The Scotts Miracle-Gro Company is involved in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products comprising lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products; gardening and landscape products comprising water-soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It also offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Shake ‘N Feed, Hyponex, Earthgro, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, General Hydroponics, Vermicrop, Cyco, Gavita, Agrolux, HydroLogic, Can-Filters, Gro Pro, Hurricane, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The company was founded in 1868 and is headquartered in Marysville, Ohio.
Earnings Per Share
As for profitability, Scotts Miracle has a trailing twelve months EPS of $-7.04.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 22, 2024, the estimated forward annual dividend rate is 2.64 and the estimated forward annual dividend yield is 3.59%.
Moving Average
Scotts Miracle’s value is way above its 50-day moving average of $63.86 and way higher than its 200-day moving average of $58.44.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Scotts Miracle’s EBITDA is -126.46.
Volume
Today’s last reported volume for Scotts Miracle is 722180 which is 7.8% below its average volume of 783338.
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%.
