Carpenter Technology Corporation And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Orchid Island Capital (ORC), LCNB Corporation (LCNB), Avista Corporation (AVA) are the highest payout ratio stocks on this list.

We have gathered information about stocks with the highest payout ratio up to now. 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 distribute them.

When investigating 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. Orchid Island Capital (ORC)

1300% Payout Ratio

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its stockholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.

Earnings Per Share

As for profitability, Orchid Island Capital has a trailing twelve months EPS of $-0.6.

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 -4.93%.

Moving Average

Orchid Island Capital’s value is below its 50-day moving average of $8.49 and higher than its 200-day moving average of $8.19.

Volume

Today’s last reported volume for Orchid Island Capital is 829314 which is 43.84% below its average volume of 1476720.

2. LCNB Corporation (LCNB)

97.73% Payout Ratio

LCNB Corp. operates as the financial holding company for LCNB National Bank that provides banking services in Ohio. Its deposit products include checking accounts, demand deposits, savings accounts, NOW and money market deposits, as well as individual retirement accounts and time certificates. The company's loan products comprise commercial and industrial, commercial and residential real estate, agricultural, construction, and small business administration loans; and residential mortgage loans that consists of loans for purchasing or refinancing personal residences, home equity lines of credit, and loans for commercial or consumer purposes secured by residential mortgages. It also offers consumer loans, such as automobile, recreational vehicles, boat, home improvement, and personal loans. In addition, the company provides trust administration, estate settlement, and fiduciary services; and investment management services for trusts, agency accounts, individual retirement accounts, and foundations/endowments. Further, it offers investment services and products, including financial needs analysis, mutual funds, securities trading, annuities, and life insurance; and security brokerage services. Additionally, the company provides safe deposit boxes, night depositories, cashier's checks, bank-by-mail, ATMs, cash and transaction services, debit cards, wire transfers, electronic funds transfer, utility bill collections, notary public service, cash management services, telephone banking, PC Internet banking, mobile banking, and other services for individuals and businesses. The company was founded in 1877 and is headquartered in Lebanon, Ohio.

Earnings Per Share

As for profitability, LCNB Corporation has a trailing twelve months EPS of $0.88.

PE Ratio

LCNB Corporation has a trailing twelve months price to earnings ratio of 14.57. Meaning, the purchaser of the share is investing $14.57 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 4.74%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.7%, now sitting on 69.8M for the twelve trailing months.

3. Avista Corporation (AVA)

76.65% Payout Ratio

Avista Corporation operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to 17,000 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydro, thermal, and wind facilities. As of February 24, 2021, it provided electric service to 400,000 customers and natural gas to 367,000 customers. In addition, the company engages in the venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.

Earnings Per Share

As for profitability, Avista Corporation has a trailing twelve months EPS of $2.42.

PE Ratio

Avista Corporation has a trailing twelve months price to earnings ratio of 14.13. Meaning, the purchaser of the share is investing $14.13 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 7.66%.

Yearly Top and Bottom Value

Avista Corporation’s stock is valued at $34.20 at 02:23 EST, way below its 52-week high of $40.13 and way higher than its 52-week low of $30.53.

Moving Average

Avista Corporation’s worth is below its 50-day moving average of $36.08 and below its 200-day moving average of $34.51.

Revenue Growth

Year-on-year quarterly revenue growth grew by 28.4%, now sitting on 1.89B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 52.2% and a negative 42.1%, respectively.

4. Cambridge Bancorp (CATC)

73.83% Payout Ratio

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that engages in the provision of commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking, savings, money market, trust, and individual retirement accounts, as well as time and demand deposits, and certificates of deposit. Its loan products include residential and commercial real estate mortgage loans; home equity loans; commercial and industrial loans; consumer loans, such as secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. The company operates through a network of banking and wealth management offices located in Massachusetts and New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.

Earnings Per Share

As for profitability, Cambridge Bancorp has a trailing twelve months EPS of $6.99.

PE Ratio

Cambridge Bancorp has a trailing twelve months price to earnings ratio of 9.31. Meaning, the purchaser of the share is investing $9.31 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 5.39%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 16.5%, now sitting on 154.24M for the twelve trailing months.

5. Carpenter Technology Corporation (CRS)

30.42% Payout Ratio

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

Earnings Per Share

As for profitability, Carpenter Technology Corporation has a trailing twelve months EPS of $2.63.

PE Ratio

Carpenter Technology Corporation has a trailing twelve months price to earnings ratio of 40.11. Meaning, the purchaser of the share is investing $40.11 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 9.28%.

Previous days news about Carpenter Technology Corporation (CRS)

  • According to Zacks on Monday, 8 July, "Better-ranked stocks in the basic materials space include Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ecolab Inc. (ECL Quick QuoteECL – Free Report) and Kronos Worldwide, Inc. (KRO Quick QuoteKRO – Free Report) ."
  • According to Zacks on Monday, 8 July, "Some better-ranked stocks in the Basic Materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , L.B. Foster Company(FSTR Quick QuoteFSTR – Free Report) and Ecolab Inc. (ECL Quick QuoteECL – Free Report) . "
  • According to Zacks on Tuesday, 9 July, "Better-ranked stocks in the basic materials space include Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ecolab Inc. (ECL Quick QuoteECL – Free Report) and Kronos Worldwide, Inc. (KRO Quick QuoteKRO – Free Report) ."
  • According to Zacks on Tuesday, 9 July, "Better-ranked stocks in the basic materials space include Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ecolab Inc. (ECL Quick QuoteECL – Free Report) and Kronos Worldwide, Inc. (KRO Quick QuoteKRO – Free Report) ."
  • According to Zacks on Tuesday, 9 July, "Some other top-ranked stocks in the Basic Materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Eldorado Gold Corporation(EGO Quick QuoteEGO – Free Report) and Ecolab Inc. (ECL Quick QuoteECL – Free Report) . "

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.

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).

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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

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