(VIANEWS) – W.P. Carey REIT (WPC), Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB), Intercontinental Hotels Group (IHG) 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 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. W.P. Carey REIT (WPC)
119.38% Payout Ratio
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.
Earnings Per Share
As for profitability, W.P. Carey REIT has a trailing twelve months EPS of $3.56.
PE Ratio
W.P. Carey REIT has a trailing twelve months price to earnings ratio of 18.82. Meaning, the purchaser of the share is investing $18.82 for every dollar of annual earnings.
Moving Average
W.P. Carey REIT’s value is below its 50-day moving average of $69.35 and way under its 200-day moving average of $75.82.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 4.28 and the estimated forward annual dividend yield is 6.33%.
2. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)
87.39% Payout Ratio
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.
Earnings Per Share
As for profitability, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months EPS of $5.37.
PE Ratio
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 16.57. Meaning, the purchaser of the share is investing $16.57 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 68.08%.
Yearly Top and Bottom Value
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.’s stock is valued at $89.00 at 08:23 EST, below its 52-week high of $94.22 and way higher than its 52-week low of $50.02.
Sales Growth
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.’s sales growth is 36.2% for the ongoing quarter and negative 2.2% for the next.
Volume
Today’s last reported volume for Grupo Aeroportuario del Centro Norte S.A.B. de C.V. is 19057 which is 69.18% below its average volume of 61837.
3. Intercontinental Hotels Group (IHG)
63.01% Payout Ratio
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels, resorts, restaurants, and spas under the InterContinental Hotels & Resorts, Regent, Six Senses, Kimpton Hotels & Restaurants, Hotel Indigo, EVEN HOTELS, HUALUXE, Crowne Plaza, Voco, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, avid, Staybridge Suites, Atwell Suites, and Candlewood Suites brand names. It also provides IHG Rewards Club, a hotel loyalty program. As of February 28, 2020, the company had approximately 5,900 hotels and 884,000 rooms in approximately 100 countries. InterContinental Hotels Group PLC was founded in 1777 and is headquartered in Denham, the United Kingdom.
Earnings Per Share
As for profitability, Intercontinental Hotels Group has a trailing twelve months EPS of $2.06.
PE Ratio
Intercontinental Hotels Group has a trailing twelve months price to earnings ratio of 36.46. Meaning, the purchaser of the share is investing $36.46 for every dollar of annual earnings.
Volume
Today’s last reported volume for Intercontinental Hotels Group is 143993 which is 15.18% below its average volume of 169769.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.2%, now sitting on 3.06B for the twelve trailing months.
Moving Average
Intercontinental Hotels Group’s value is above its 50-day moving average of $69.74 and way higher than its 200-day moving average of $65.13.
4. Dolby Laboratories (DLB)
41.94% Payout Ratio
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications.; AVC, a digital video codec with high bandwidth efficiency used in media devices; Dolby AC-4, an audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, communication, and entertainment industries. Further, it offers various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Dolby Laboratories has a trailing twelve months EPS of $2.48.
PE Ratio
Dolby Laboratories has a trailing twelve months price to earnings ratio of 35.66. Meaning, the purchaser of the share is investing $35.66 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 9.78%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Dolby Laboratories’s EBITDA is 68.35.
Yearly Top and Bottom Value
Dolby Laboratories’s stock is valued at $88.43 at 08:23 EST, below its 52-week high of $91.02 and way above its 52-week low of $61.55.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 19.1% and positive 11.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.4%, now sitting on 1.28B for the twelve trailing months.
5. Cintas Corporation (CTAS)
35.41% Payout Ratio
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Cintas Corporation has a trailing twelve months EPS of $13.01.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 37.76. Meaning, the purchaser of the share is investing $37.76 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 37.59%.
Volume
Today’s last reported volume for Cintas Corporation is 56847 which is 85.95% below its average volume of 404637.
Moving Average
Cintas Corporation’s value is below its 50-day moving average of $492.65 and above its 200-day moving average of $458.70.
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).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
Dividend Yield
According to 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%.