(VIANEWS) – Arrow Financial Corporation (AROW), Broadcom (AVGO), Diageo (DEO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to 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 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. Arrow Financial Corporation (AROW)
59.68% Payout Ratio
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.
Earnings Per Share
As for profitability, Arrow Financial Corporation has a trailing twelve months EPS of $1.77.
PE Ratio
Arrow Financial Corporation has a trailing twelve months price to earnings ratio of 13.3. Meaning, the purchaser of the share is investing $13.3 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 8.2%.
Volume
Today’s last reported volume for Arrow Financial Corporation is 14204 which is 65.04% below its average volume of 40634.
2. Broadcom (AVGO)
55.79% Payout Ratio
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.
Earnings Per Share
As for profitability, Broadcom has a trailing twelve months EPS of $26.96.
PE Ratio
Broadcom has a trailing twelve months price to earnings ratio of 49.85. Meaning, the purchaser of the share is investing $49.85 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 24.75%.
Yearly Top and Bottom Value
Broadcom’s stock is valued at $1,344.07 at 02:23 EST, under its 52-week high of $1,438.17 and way above its 52-week low of $601.29.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 20, 2024, the estimated forward annual dividend rate is 21 and the estimated forward annual dividend yield is 1.6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Broadcom’s EBITDA is 70.82.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.4%, now sitting on 38.86B for the twelve trailing months.
3. Diageo (DEO)
54.88% Payout Ratio
Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Cîroc, Buchanan's, Casamigos, J&B, and Ketel One brands. The company operates in the United States, the United Kingdom, Turkey, Australia, Korea, India, Greater China, Brazil, Mexico, South Africa, Nigeria, and internationally. Diageo plc was incorporated in 1886 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Diageo has a trailing twelve months EPS of $7.48.
PE Ratio
Diageo has a trailing twelve months price to earnings ratio of 18.31. Meaning, the purchaser of the share is investing $18.31 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 36.41%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 4.01 and the estimated forward annual dividend yield is 2.69%.
Moving Average
Diageo’s worth is below its 50-day moving average of $145.90 and way under its 200-day moving average of $156.63.
Volume
Today’s last reported volume for Diageo is 765781 which is 0.18% above its average volume of 764331.
Previous days news about Diageo (DEO)
- Zacks industry outlook highlights anheuserbusch inbev, diageo plc, constellation brands inc., brown-forman and molson coors. According to Zacks on Thursday, 11 April, "Chicago, IL - April 11, 2024 - Today, Zacks Equity Research discusses AnheuserBusch InBev (BUD Quick QuoteBUD – Free Report) , Diageo Plc (DEO Quick QuoteDEO – Free Report) , Constellation Brands Inc. (STZ Quick QuoteSTZ – Free Report) , Brown-Forman (BF.", "Investments in product innovations, premiumization and technology platforms bode well for players like AnheuserBusch InBev, Diageo Plc, Constellation Brands Inc., Brown-Forman and Molson Coors."
4. Sonoco Products Company (SON)
42.08% Payout Ratio
Sonoco Products Company, together with its subsidiaries, manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through two segments: Consumer Packaging and Industrial Paper Packaging. The Consumer Packaging segment round and shaped rigid paper containers; metal and peelable membrane ends and closures; thermoformed plastic trays and containers; printed flexible packaging; and global brand artwork management. The Industrial Paper Packaging segment provides fiber-based tubes, cones, and cores; fiber-based construction tubes; fiber-based protective packaging and components; wooden, metal, and composite wire and cable, as well as reels and spools; and recycled paperboard, corrugating medium, recovered paper, and material recycling services. Sonoco Products Company offers thermoformed rigid plastic trays and devices; custom-engineered molded foam protective packaging and components; temperature-assured packaging; injection molded and extruded containers, spools, and parts; retail security packaging, including printed backer cards, thermoformed blisters, and heat-sealing equipment; and paper amenities. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.
Earnings Per Share
As for profitability, Sonoco Products Company has a trailing twelve months EPS of $4.8.
PE Ratio
Sonoco Products Company has a trailing twelve months price to earnings ratio of 11.91. Meaning, the purchaser of the share is investing $11.91 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 21.13%.
Yearly Top and Bottom Value
Sonoco Products Company’s stock is valued at $57.17 at 02:23 EST, way under its 52-week high of $63.74 and way higher than its 52-week low of $49.98.
Sales Growth
Sonoco Products Company’s sales growth is negative 2.7% for the current quarter and 2.2% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 27, 2024, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 3.57%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 25.7% and a negative 3.6%, respectively.
5. GAMCO Natural Resources, Gold & Income Trust (GNT)
37.89% Payout Ratio
GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities. It focuses on factors such as recent prices of comparable securities that are publicly traded, reliable prices of securities not publicly traded, the use of valuation models, current analyst reports, valuing the income or cash flow of the issuer, or cost if the preceding factors do not apply to create its portfolio. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Dow Jones U.S. Basic Materials Index, and S&P Global Agribusiness Equity Index. The fund was formerly known as Gabelli Natural Resources, Gold & Income Trust. GAMCO Natural Resources, Gold & Income Trust was formed on January 27, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months EPS of $0.95.
PE Ratio
GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months price to earnings ratio of 5.6. Meaning, the purchaser of the share is investing $5.6 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 7.35%.
6. Werner Enterprises (WERN)
31.25% Payout Ratio
Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. It operates in two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates medium-to-long-haul van fleet that transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which offers time-sensitive truckload services using driver teams; regional short-haul fleet that provides comparable truckload van service in the United States; and temperature controlled fleet, which offers truckload services for temperature sensitive products using temperature-controlled trailers. It transports retail store merchandise, consumer products, food and beverage products, and manufactured products. The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; management of shipments from origin to destination using a combination of air, ocean, truck, and rail transportation modes; and home and business deliveries of large or heavy items using liftgate straight truck. As of December 31, 2020, the company had a fleet of 7,830 trucks, which included 7,390 company-operated, as well as 440 owned and operated by independent contractors; 24,400 company-owned trailers that comprised dry vans, flatbeds, and temperature-controlled and other specialized trailers; and 31 intermodal drayage trucks. Werner Enterprises, Inc. was founded in 1956 and is headquartered in Omaha, Nebraska.
Earnings Per Share
As for profitability, Werner Enterprises has a trailing twelve months EPS of $1.76.
PE Ratio
Werner Enterprises has a trailing twelve months price to earnings ratio of 21.95. Meaning, the purchaser of the share is investing $21.95 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 7.36%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Werner Enterprises’s EBITDA is 0.91.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 1.47%.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
