(VIANEWS) – Leggett & Platt (LEG), Campbell Soup Company (CPB), Kinross Gold (KGC) 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 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. Leggett & Platt (LEG)
76.65% Payout Ratio
Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.
Earnings Per Share
As for profitability, Leggett & Platt has a trailing twelve months EPS of $1.82.
PE Ratio
Leggett & Platt has a trailing twelve months price to earnings ratio of 19.13. Meaning, the purchaser of the share is investing $19.13 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 18.84%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.3%, now sitting on 5.15B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 5.18%.
Yearly Top and Bottom Value
Leggett & Platt’s stock is valued at $34.81 at 13:23 EST, way under its 52-week high of $41.94 and way above its 52-week low of $30.28.
2. Campbell Soup Company (CPB)
56.06% Payout Ratio
Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada. This segment provides Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans, and dinner sauces; Swanson canned poultry; Plum baby food and snacks; V8 juices and beverages; and Campbell's tomato juice. The Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products; Milano cookies and Goldfish crackers; and Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory Pretzel Crisps, Pop Secret popcorn, Emerald nuts, and other snacking products. This segment is also involved in the retail business in Latin America. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments, and independent contractor distributors. The company was founded in 1869 and is headquartered in Camden, New Jersey.
Earnings Per Share
As for profitability, Campbell Soup Company has a trailing twelve months EPS of $2.64.
PE Ratio
Campbell Soup Company has a trailing twelve months price to earnings ratio of 19.83. Meaning, the purchaser of the share is investing $19.83 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 23.65%.
Yearly Top and Bottom Value
Campbell Soup Company’s stock is valued at $52.35 at 13:23 EST, under its 52-week high of $57.78 and way above its 52-week low of $41.73.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.2%, now sitting on 8.9B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 7.2% and a drop 2.9% for the next.
3. Kinross Gold (KGC)
48% Payout Ratio
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Kinross Gold has a trailing twelve months EPS of $1.06.
PE Ratio
Kinross Gold has a trailing twelve months price to earnings ratio of 3.46. Meaning, the purchaser of the share is investing $3.46 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 4.94%.
4. Eagle Bulk Shipping (EGLE)
42.72% Payout Ratio
Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, cement, and forest products. It serves miners, producers, traders, and end users. As of December 31, 2021, the company owned and operated a fleet of 53 vessels. Eagle Bulk Shipping Inc. was incorporated in 2005 and is headquartered in Stamford, Connecticut.
Another stock from the same industry, Eagle Bulk Shipping (EGLE Quick QuoteEGLE – Free Report) , has yet to report results for the quarter ended December 2022.
Earnings Per Share
As for profitability, Eagle Bulk Shipping has a trailing twelve months EPS of $-3.4.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 43.76%.
Volume
Today’s last reported volume for Eagle Bulk Shipping is 880197 which is 311.94% above its average volume of 213670.
Moving Average
Eagle Bulk Shipping’s worth is way above its 50-day moving average of $53.64 and way above its 200-day moving average of $52.54.
Sales Growth
Eagle Bulk Shipping’s sales growth is negative 22.5% for the present quarter and negative 36.3% for the next.
5. BRT Realty Trust (BRT)
34.16% Payout Ratio
BRT is a real estate investment trust that owns, operates and develops multi-family properties.
Earnings Per Share
As for profitability, BRT Realty Trust has a trailing twelve months EPS of $2.81.
PE Ratio
BRT Realty Trust has a trailing twelve months price to earnings ratio of 7.59. Meaning, the purchaser of the share is investing $7.59 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 22.9%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 362.5% and a negative 153.8%, respectively.
Moving Average
BRT Realty Trust’s worth is above its 50-day moving average of $20.34 and under its 200-day moving average of $21.44.
Sales Growth
BRT Realty Trust’s sales growth is 120.7% for the present quarter and 101.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 13.5%, now sitting on 95.39M for the twelve trailing months.
