(VIANEWS) – Cementos Pacasmayo S.A.A. (CPAC), LTC Properties (LTC), Fastenal Company (FAST) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Cementos Pacasmayo S.A.A. (CPAC)
103.94% Payout Ratio
Cementos Pacasmayo S.A.A., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. The company operates in three segments: Cement, Concrete and Precast; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as residential and commercial construction, and civil engineering; ready-mix concrete used in construction sites; concrete precast, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete precast for structural and non-structural uses; and cement based products. The company also produces and distributes quicklime for use in steel, food, fishing, chemical, mining, agriculture, and other industries. In addition, it distributes other construction materials manufactured by third parties, such as steel rebars, cables, and pipes. As of March 31, 2021, the company operates a network of 269 independent retailers and 405 hardware stores. It also sells its cement products directly to other retailers, private construction companies, and government entities. The company was incorporated in 1949 and is headquartered in Lima, Peru. Cementos Pacasmayo S.A.A. is a subsidiary of Inversiones ASPI S.A.
Earnings Per Share
As for profitability, Cementos Pacasmayo S.A.A. has a trailing twelve months EPS of $0.52.
PE Ratio
Cementos Pacasmayo S.A.A. has a trailing twelve months price to earnings ratio of 10. Meaning, the purchaser of the share is investing $10 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 14.79%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 2.12B for the twelve trailing months.
Volume
Today’s last reported volume for Cementos Pacasmayo S.A.A. is 6712 which is 38.73% below its average volume of 10955.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 15, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 10.22%.
2. LTC Properties (LTC)
91.94% Payout Ratio
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 180 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.
Earnings Per Share
As for profitability, LTC Properties has a trailing twelve months EPS of $2.48.
PE Ratio
LTC Properties has a trailing twelve months price to earnings ratio of 15.22. Meaning, the purchaser of the share is investing $15.22 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 12.61%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
LTC Properties’s EBITDA is 13.2.
Moving Average
LTC Properties’s value is above its 50-day moving average of $37.17 and under its 200-day moving average of $38.93.
Yearly Top and Bottom Value
LTC Properties’s stock is valued at $37.74 at 07:23 EST, way under its 52-week high of $45.49 and way higher than its 52-week low of $32.23.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 5.6% and a drop 72.1% for the next.
3. Fastenal Company (FAST)
65.61% Payout Ratio
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Earnings Per Share
As for profitability, Fastenal Company has a trailing twelve months EPS of $1.51.
PE Ratio
Fastenal Company has a trailing twelve months price to earnings ratio of 34.22. Meaning, the purchaser of the share is investing $34.22 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 35.03%.
Moving Average
Fastenal Company’s worth is higher than its 50-day moving average of $49.83 and above its 200-day moving average of $50.19.
Yearly Top and Bottom Value
Fastenal Company’s stock is valued at $51.67 at 07:23 EST, way below its 52-week high of $60.74 and way higher than its 52-week low of $43.73.
4. Darden Restaurants (DRI)
63.72% Payout Ratio
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddar's Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie V's Prime Seafood brand name, and 3 under the Capital Burger brand; and franchised 60 restaurants comprising 35 under the Olive Garden brand, 18 under the LongHorn Steakhouse brand name, 4 under the Cheddar's Scratch Kitchen brand, 2 under The Capital Grille brand name, and 1 under the Bahama Breeze brand.Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.
Earnings Per Share
As for profitability, Darden Restaurants has a trailing twelve months EPS of $-1.7.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 39.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.4%, now sitting on 9.98B for the twelve trailing months.
5. Cintas Corporation (CTAS)
34.17% 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. It also offers first aid and safety services, and fire protection products and services. The company 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 headquartered in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Cintas Corporation has a trailing twelve months EPS of $9.14.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 48.07. Meaning, the purchaser of the share is investing $48.07 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 36.77%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 8.38B for the twelve trailing months.
Sales Growth
Cintas Corporation’s sales growth is 9.8% for the ongoing quarter and 7.9% for the next.
6. FactSet Research Systems (FDS)
31.79% Payout Ratio
FactSet Research Systems Inc., a financial data and analytics company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth. It serves portfolio managers, investment banks, asset managers, wealth advisors, corporate clients, and other financial services entities. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut.
Earnings Per Share
As for profitability, FactSet Research Systems has a trailing twelve months EPS of $10.98.
PE Ratio
FactSet Research Systems has a trailing twelve months price to earnings ratio of 39.27. Meaning, the purchaser of the share is investing $39.27 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 33.12%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 12.8% and a drop 3.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.9%, now sitting on 1.92B for the twelve trailing months.
Volume
Today’s last reported volume for FactSet Research Systems is 184667 which is 20.94% below its average volume of 233606.
Sales Growth
FactSet Research Systems’s sales growth is 19.6% for the present quarter and 8.3% for the next.
