Columbia Banking System And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Columbia Banking System (COLB), Plains Group Holdings, L.P. (PAGP), SK Telecom (SKM) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio up to now. 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. Columbia Banking System (COLB)

112% Payout Ratio

Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.

Earnings Per Share

As for profitability, Columbia Banking System has a trailing twelve months EPS of $0.75.

PE Ratio

Columbia Banking System has a trailing twelve months price to earnings ratio of 27.08. Meaning, the purchaser of the share is investing $27.08 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 6.18%.

Sales Growth

Columbia Banking System’s sales growth is 241.2% for the ongoing quarter and 209.5% for the next.

Yearly Top and Bottom Value

Columbia Banking System’s stock is valued at $20.31 at 14:23 EST, way under its 52-week high of $35.53 and way higher than its 52-week low of $17.54.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 26.7% and 15.7%, respectively.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 7.01%.

2. Plains Group Holdings, L.P. (PAGP)

103.41% Payout Ratio

Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, trucks, and barges. As of December 31, 2019, it owned and leased assets comprising 18,535 miles of crude oil and NGL pipelines and gathering systems; 35 million barrels of above-ground tank capacity; 825 trailers; 50 transport and storage barges; and 20 transport tugs. The Facilities segment engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. This segment owned and operated approximately 79 million barrels of crude oil storage capacity; 34 million barrels of NGL storage capacity; 63 billion cubic feet of natural gas storage capacity; 25 billion cubic feet of base gas; seven natural gas processing plants; a condensate processing facility; eight fractionation plants; 30 crude oil and NGL rail terminals; six marine facilities; and 430 miles of pipelines. The Supply and Logistics segment engages in merchant-related activities, including purchase of crude oil, as well as NGL from producers, refiners, processors, and other marketers; storage of NGL and natural gas; and resale and transport of crude oil and NGL. This segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 760 trucks and 900 trailers; and 8,000 crude oil and NGL railcars. The company offers logistics services, primarily for crude oil, NGLs, and natural gas. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Plains Group Holdings, L.P. has a trailing twelve months EPS of $1.09.

PE Ratio

Plains Group Holdings, L.P. has a trailing twelve months price to earnings ratio of 14.2. Meaning, the purchaser of the share is investing $14.2 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 9.63%.

Volume

Today’s last reported volume for Plains Group Holdings, L.P. is 3349560 which is 24.17% above its average volume of 2697410.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Plains Group Holdings, L.P.’s EBITDA is 17.47.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9.9%, now sitting on 55.99B for the twelve trailing months.

Moving Average

Plains Group Holdings, L.P.’s value is above its 50-day moving average of $14.10 and way higher than its 200-day moving average of $13.14.

3. SK Telecom (SKM)

74.04% Payout Ratio

SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices. The Fixed-Line Telecommunications Services segment provides fixed-line telephone services; broadband Internet services; media platform services, such as Internet protocol TV and cable TV; and business communications services. The Other Businesses segment offers T-commerce services, as well as portal services under Nate brand name. In addition, it provides call center management, base station maintenance, information gathering and consulting, database and internet website, cable broadcasting, broadcasting programs, and digital contents sourcing services; manufactures non-memory and other electronic integrated circuits; and operates information and communications facilities, and mobile virtual network, as well as engages in communications and other telecommunication device retail business. The company was incorporated in 1984 and is headquartered in Seoul, South Korea.

Earnings Per Share

As for profitability, SK Telecom has a trailing twelve months EPS of $1.91.

PE Ratio

SK Telecom has a trailing twelve months price to earnings ratio of 10.52. Meaning, the purchaser of the share is investing $10.52 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 8.38%.

Yearly Top and Bottom Value

SK Telecom’s stock is valued at $20.10 at 14:23 EST, way under its 52-week high of $23.72 and way higher than its 52-week low of $18.26.

4. Microchip Technology (MCHP)

31.42% Payout Ratio

Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.

Earnings Per Share

As for profitability, Microchip Technology has a trailing twelve months EPS of $4.02.

PE Ratio

Microchip Technology has a trailing twelve months price to earnings ratio of 22.73. Meaning, the purchaser of the share is investing $22.73 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 36.07%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 21.1%, now sitting on 8.44B for the twelve trailing months.

Previous days news about Microchip Technology (MCHP)

  • According to Zacks on Tuesday, 11 July, "We have selected five dividend stocks - Toll Brothers (TOL Quick QuoteTOL – Free Report) , Darden Restaurants Inc. (DRI Quick QuoteDRI – Free Report) , Caterpillar Inc. (CAT Quick QuoteCAT – Free Report) , Microchip Technology Incorporated (MCHP Quick QuoteMCHP – Free Report) and HCA Healthcare Inc. (HCA Quick QuoteHCA – Free Report) - that possess strong growth prospects.", "Arizona-based Microchip Technology is engaged in developing and manufacturing microcontrollers, memory and analog and interface products for embedded control systems, which are small, low-power computers designed to perform specific tasks. "
  • The zacks analyst blog highlights NVIDIA, Intel, microchip technology, ON semiconductor and NXP semiconductors. According to Zacks on Wednesday, 12 July, "Stocks recently featured in the blog include: NVIDIA Corp. (NVDA Quick QuoteNVDA – Free Report) , Intel Corp. (INTC Quick QuoteINTC – Free Report) , Microchip Technology (MCHP Quick QuoteMCHP – Free Report) , ON Semiconductor Corp. (ON Quick QuoteON – Free Report) and NXP Semiconductors (NXPI Quick QuoteNXPI – Free Report) ."

5. Robert Half International (RHI)

31.33% Payout Ratio

Robert Half International Inc. provides talent solutions and business consulting service in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support. This segment markets its services to clients and employment candidates through both national and local advertising activities, including radio, digital advertising, job boards, alliance partners, and events. The Permanent Placement Talent Solutions segment engages in the placement of full-time accounting, finance, and tax and accounting operations personnel. The Protiviti segment offers consulting services in the areas of internal audit, technology consulting, risk and compliance consulting, digital transformation, legal consulting, and business performance improvement. The company offers it services under the Robert Half brand name. Robert Half International Inc. was founded in 1948 and is headquartered in Menlo Park, California.

Earnings Per Share

As for profitability, Robert Half International has a trailing twelve months EPS of $5.65.

PE Ratio

Robert Half International has a trailing twelve months price to earnings ratio of 14.65. Meaning, the purchaser of the share is investing $14.65 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 40.09%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 23, 2023, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 2.37%.

Sales Growth

Robert Half International’s sales growth is negative 9.3% for the ongoing quarter and negative 9.3% for the next.

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