(VIANEWS) – Tredegar Corporation (TG), Coca-Cola (KO), Best Buy Co. (BBY) are the highest payout ratio stocks on this list.
We have gathered information about 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 issue 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. Tredegar Corporation (TG)
159.38% Payout Ratio
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft-alloy and medium-strength custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and fabricated aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, and Pearl A brands. This segment also provides thin-gauge films as overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Terphane, Ecophane, and Sealphane brands. Tredegar Corporation was founded in 1955 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Tredegar Corporation has a trailing twelve months EPS of $0.32.
PE Ratio
Tredegar Corporation has a trailing twelve months price to earnings ratio of 23.75. Meaning, the purchaser of the share is investing $23.75 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 5.3%.
2. Coca-Cola (KO)
78.41% Payout Ratio
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores. The company sells its products under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero Sugar, Diet Coke, Cherry Coke, Fanta Orange, Fanta Zero Orange, Fanta Zero Sugar, Fanta Apple, Sprite, Sprite Zero Sugar, Simply Orange, Simply Apple, Simply Grapefruit, Fresca, Schweppes, Thums Up, Aquarius, Ayataka, BODYARMOR, Ciel, Costa, Dasani, dogadan, FUZE TEA, Georgia, glacéau smartwater, glacéau vitaminwater, Gold Peak, Ice Dew, I LOHAS, Powerade, Topo Chico, AdeS, Del Valle, fairlife, innocent, Minute Maid, and Minute Maid Pulpy brands. It operates through a network of independent bottling partners, distributors, wholesalers, and retailers, as well as through bottling and distribution operators. The company was founded in 1886 and is headquartered in Atlanta, Georgia.
Zacks industry outlook highlights Coca-Cola, pepsico, monster beverage and Coca-Cola femsaCoca-Cola FEMSA: It is the largest Coca-Cola franchise bottler and is a subsidiary of Fomento Economico Mexicano. , Volume growth, pricing initiatives and favorable price-mix effects have been driving Coca-Cola FEMSA’s revenues.
Earnings Per Share
As for profitability, Coca-Cola has a trailing twelve months EPS of $2.27.
PE Ratio
Coca-Cola has a trailing twelve months price to earnings ratio of 27.05. Meaning, the purchaser of the share is investing $27.05 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 36.83%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2.9% and 2.9%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2023, the estimated forward annual dividend rate is 1.84 and the estimated forward annual dividend yield is 2.93%.
Previous days news about Coca-Cola (KO)
- According to Zacks on Monday, 22 May, "PEP has also outperformed its well-known rival Coca-Cola by a huge margin over the last two decades. "
- Zacks investment ideas feature highlights: Coca-Cola, monster beverage, vita coco, national beverage and pepsico. According to Zacks on Tuesday, 23 May, "Chicago, IL - May 23, 2023 - Today, Zacks Investment Ideas feature highlights Coca-Cola (KO Quick QuoteKO – Free Report) , Monster Beverage (MNST Quick QuoteMNST – Free Report) , Vita Coco Company (COCO Quick QuoteCOCO – Free Report) , National Beverage (FIZZ Quick QuoteFIZZ – Free Report) and PepsiCo (PEP Quick QuotePEP – Free Report) .", "PEP has also outperformed its well-known rival Coca-Cola by a huge margin over the last two decades. "
- According to Zacks on Tuesday, 23 May, "Coca-Cola FEMSA: It is the largest Coca-Cola franchise bottler and is a subsidiary of Fomento Economico Mexicano. ", "Volume growth, pricing initiatives and favorable price-mix effects have been driving Coca-Cola FEMSA’s revenues."
3. Best Buy Co. (BBY)
55.96% Payout Ratio
Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.
Earnings Per Share
As for profitability, Best Buy Co. has a trailing twelve months EPS of $6.29.
PE Ratio
Best Buy Co. has a trailing twelve months price to earnings ratio of 11.14. Meaning, the purchaser of the share is investing $11.14 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 48.81%.
Moving Average
Best Buy Co.’s worth is under its 50-day moving average of $75.12 and under its 200-day moving average of $76.55.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 28% and a negative 20.8%, respectively.
Volume
Today’s last reported volume for Best Buy Co. is 1389290 which is 41.72% below its average volume of 2384010.
4. Atlantic Union Bankshares Corporation (AUB)
41.11% Payout Ratio
Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine (ATM) services, mobile and internet banking services, and online bill payment services, as well as financial planning, trust, and wealth management services. Further, the company offers securities, brokerage, and investment advisory products and services; and originates and sells residential loan products in the secondary market. As of February 16, 2021, it operated 129 branches and approximately 150 ATMs in Virginia, Maryland, and North Carolina. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Atlantic Union Bankshares Corporation has a trailing twelve months EPS of $2.87.
PE Ratio
Atlantic Union Bankshares Corporation has a trailing twelve months price to earnings ratio of 8.22. Meaning, the purchaser of the share is investing $8.22 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 9.17%.
Yearly Top and Bottom Value
Atlantic Union Bankshares Corporation’s stock is valued at $23.60 at 08:23 EST, way below its 52-week high of $41.04 and higher than its 52-week low of $23.32.
5. CB Financial Services (CBFV)
40.59% Payout Ratio
CB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products. Its loan products comprise residential real estate loans, such as one- to four-family mortgage loans, home equity installment loans, and home equity lines of credit; commercial real estate loans that are secured primarily by improved properties, such as retail facilities, office buildings, and other non-residential buildings; construction loans to individuals to finance the construction of residential dwellings, as well as for the construction of commercial properties, including hotels, apartment buildings, housing developments, and owner-occupied properties used for businesses; commercial and industrial loans, and lines of credit; consumer loans consisting of indirect auto loans, secured and unsecured loans, and lines of credit; and other loans. In addition, the company conducts insurance agency activities by offering property and casualty, commercial liability, surety, and other insurance products. It operates through its main office and 13 branch offices in Greene, Allegheny, Washington, Fayette, and Westmoreland counties in southwestern Pennsylvania; Marshall and Ohio counties in West Virginia; and Belmont County in Ohio, as well as one loan production offices in Allegheny County. The company was founded in 1901 and is headquartered in Carmichaels, Pennsylvania.
Earnings Per Share
As for profitability, CB Financial Services has a trailing twelve months EPS of $2.39.
PE Ratio
CB Financial Services has a trailing twelve months price to earnings ratio of 8.03. Meaning, the purchaser of the share is investing $8.03 for every dollar of annual earnings.
Volume
Today’s last reported volume for CB Financial Services is 4782 which is 32.98% above its average volume of 3596.
Yearly Top and Bottom Value
CB Financial Services’s stock is valued at $19.20 at 08:23 EST, way below its 52-week high of $24.98 and above its 52-week low of $18.99.
6. Sumitomo Mitsui (SMFG)
35% Payout Ratio
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. Sumitomo Mitsui Financial Group, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.
Earnings Per Share
As for profitability, Sumitomo Mitsui has a trailing twelve months EPS of $0.91.
PE Ratio
Sumitomo Mitsui has a trailing twelve months price to earnings ratio of 8.87. Meaning, the purchaser of the share is investing $8.87 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 6.38%.
Moving Average
Sumitomo Mitsui’s value is below its 50-day moving average of $8.16 and way higher than its 200-day moving average of $7.27.
