(VIANEWS) – BCE (BCE), Lear Corporation (LEA), Compania Cervecerias Unidas, S.A. (CCU) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio at the moment. 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 issue 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. BCE (BCE)
123.49% Payout Ratio
BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including Internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity services. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.
Earnings Per Share
As for profitability, BCE has a trailing twelve months EPS of $2.08.
PE Ratio
BCE has a trailing twelve months price to earnings ratio of 23.09. Meaning, the purchaser of the share is investing $23.09 for every dollar of annual earnings.
Yearly Top and Bottom Value
BCE’s stock is valued at $48.02 at 02:23 EST, way under its 52-week high of $55.13 and way higher than its 52-week low of $39.88.
Volume
Today’s last reported volume for BCE is 465318 which is 61.95% below its average volume of 1223150.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 2.9 and the estimated forward annual dividend yield is 6.04%.
2. Lear Corporation (LEA)
43.63% Payout Ratio
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, South America, and internationally. Its Seating segment offers leather and fabric products, seat covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles. The company's E-Systems segment offers electrical distribution systems that route electrical signals and networks, and manage electrical power within the vehicle for various powertrains, such as traditional internal combustion engine architectures, hybrid, plug-in hybrid, and battery electric architectures. This segment's products comprise wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway modules, wireless receiver and transmitter technology, lighting control modules, audio domain controllers, amplifiers, and communication modules. It also provides electrification products comprising charging systems that include onboard charging modules and cord set charging equipment; battery electronics, which comprise battery disconnect units, cell monitoring supervisory systems, and integrated total battery control modules; and other power management modules, including converter and inverter systems. In addition, this segment offers cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; roadside modules that communicate real-time traffic information; and cellular protocols for vehicle connectivity, as well as Xevo Journeyware, a platform for the cloud, vehicles, and mobile devices; and connectivity products. The company was founded in 1917 and is headquartered in Southfield, Michigan.
Earnings Per Share
As for profitability, Lear Corporation has a trailing twelve months EPS of $7.06.
PE Ratio
Lear Corporation has a trailing twelve months price to earnings ratio of 17.27. Meaning, the purchaser of the share is investing $17.27 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 10.26%.
3. Compania Cervecerias Unidas, S.A. (CCU)
42.08% Payout Ratio
CompañÃa CervecerÃas Unidas S.A. operates as a beverage company principally in Chile, Argentina, Uruguay, Paraguay, Colombia, and Bolivia. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores. The company also produces and sells non-alcoholic beverages, including carbonated soft drinks, nectars and juices, sports and energy drinks, and ice tea, as well as mineral, purified, and flavored bottled water, as well as ready-to-mix products with instant powder drinks. In addition, it is involved in the production and distribution of pisco, cocktails, rum, flavored alcoholic beverages, wine, cider, and spirits. The company serves small and medium-sized retail outlets; retail establishments, such as restaurants, hotels, and bars; wholesalers; and supermarket chains. It also exports its products to Europe, Latin America, the United States, Canada, Asia, Oceania, and internationally. The company was founded in 1850 and is based in Santiago, Chile. CompañÃa CervecerÃas Unidas S.A. is a subsidiary of Inversiones y Rentas S.A.
Earnings Per Share
As for profitability, Compania Cervecerias Unidas, S.A. has a trailing twelve months EPS of $0.79.
PE Ratio
Compania Cervecerias Unidas, S.A. has a trailing twelve months price to earnings ratio of 20.15. Meaning, the purchaser of the share is investing $20.15 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 9.47%.
Moving Average
Compania Cervecerias Unidas, S.A.’s value is above its 50-day moving average of $15.43 and way higher than its 200-day moving average of $12.79.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 27.1% and a negative 93%, respectively.
Yearly Top and Bottom Value
Compania Cervecerias Unidas, S.A.’s stock is valued at $15.92 at 02:23 EST, under its 52-week high of $16.60 and way above its 52-week low of $9.31.
4. Provident Financial Services (PFS)
41.56% Payout Ratio
Provident Financial Services, Inc. operates as the holding company for Provident Bank that provides various banking services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2019, it operated 83 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
Earnings Per Share
As for profitability, Provident Financial Services has a trailing twelve months EPS of $2.31.
PE Ratio
Provident Financial Services has a trailing twelve months price to earnings ratio of 6.56. Meaning, the purchaser of the share is investing $6.56 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 10.56%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 3.8% and positive 10.3% for the next.
Yearly Top and Bottom Value
Provident Financial Services’s stock is valued at $15.15 at 02:23 EST, way under its 52-week high of $25.61 and above its 52-week low of $14.54.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 500.35M for the twelve trailing months.
5. Sonoco Products Company (SON)
38.81% 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 $5.05.
PE Ratio
Sonoco Products Company has a trailing twelve months price to earnings ratio of 11.97. Meaning, the purchaser of the share is investing $11.97 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 24.23%.
Yearly Top and Bottom Value
Sonoco Products Company’s stock is valued at $60.46 at 02:23 EST, below its 52-week high of $65.97 and way above its 52-week low of $51.52.
Moving Average
Sonoco Products Company’s value is higher than its 50-day moving average of $59.29 and under its 200-day moving average of $60.47.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 8, 2023, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 3.43%.
6. Cintas Corporation (CTAS)
35.31% 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 $12.47.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 37.03. Meaning, the purchaser of the share is investing $37.03 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 37.43%.
Volume
Today’s last reported volume for Cintas Corporation is 186219 which is 44.62% below its average volume of 336285.
Sales Growth
Cintas Corporation’s sales growth is 8.7% for the present quarter and 11.2% for the next.
Yearly Top and Bottom Value
Cintas Corporation’s stock is valued at $461.80 at 02:23 EST, under its 52-week high of $470.23 and way higher than its 52-week low of $343.86.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 8.61B for the twelve trailing months.
