(VIANEWS) – Newmont Mining (NEM), Highwoods Properties (HIW), Superior Group of Companies (SGC) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio up until now. 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 distribute 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. Newmont Mining (NEM)
180.33% Payout Ratio
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2022, it had proven and probable gold reserves of 96.1 million ounces and land position of 61,500 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, Newmont Mining has a trailing twelve months EPS of $-1.06.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -3.95%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 3.3% and 11.3%, respectively.
2. Highwoods Properties (HIW)
143.88% Payout Ratio
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.
Earnings Per Share
As for profitability, Highwoods Properties has a trailing twelve months EPS of $1.39.
PE Ratio
Highwoods Properties has a trailing twelve months price to earnings ratio of 17.16. Meaning, the purchaser of the share is investing $17.16 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 5.99%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 16, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 8.39%.
Sales Growth
Highwoods Properties’s sales growth is negative 2.2% for the current quarter and negative 1.5% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Highwoods Properties’s EBITDA is 6.88.
Volume
Today’s last reported volume for Highwoods Properties is 2179790 which is 48.59% above its average volume of 1466960.
3. Superior Group of Companies (SGC)
121.74% Payout Ratio
Superior Group of Companies, Inc. manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products. The Uniforms and Related Products segment manufactures and sells a range of uniforms, corporate identity apparel, career apparel, and accessories for personnel of hospitals and healthcare facilities; hotels; food and other restaurants; retail stores; special purpose industrial facilities; commercial markets; transportation; public and private safety and security organizations; and miscellaneous service uses. It also provides various products directly related to uniforms and service apparel; industrial laundry bags for linen suppliers and industrial launderers; personal protective equipment; and promotional and related products for branded marketing programs, corporate awards, incentives and recognition programs, event promotions, employee and consumer rewards and incentives, and specialty packaging and displays. This segment sells its products under the Fashion Seal Healthcare, HPI, and WonderWink brand names. The Remote Staffing Solutions segment provides multilingual telemarketing and business process outsourced solutions through the recruitment and employment of qualified English-speaking agents. The Promotional Products segment produces and sells promotional products and other branded merchandise under the BAMKO, Public Identity, Tangerine, Gifts by Design, and Sutter's Mill brands to corporate clients and universities. The company was formerly known as Superior Uniform Group, Inc. and changed its name to Superior Group of Companies, Inc. in May 2018. Superior Group of Companies, Inc. was founded in 1920 and is headquartered in Seminole, Florida.
Earnings Per Share
As for profitability, Superior Group of Companies has a trailing twelve months EPS of $0.46.
PE Ratio
Superior Group of Companies has a trailing twelve months price to earnings ratio of 29.89. Meaning, the purchaser of the share is investing $29.89 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 3.86%.
4. Western Gas Partners, LP Limited Partner Interests (WES)
89.24% Payout Ratio
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Earnings Per Share
As for profitability, Western Gas Partners, LP Limited Partner Interests has a trailing twelve months EPS of $2.71.
PE Ratio
Western Gas Partners, LP Limited Partner Interests has a trailing twelve months price to earnings ratio of 10.33. Meaning, the purchaser of the share is investing $10.33 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 36.82%.
Moving Average
Western Gas Partners, LP Limited Partner Interests’s worth is below its 50-day moving average of $28.42 and higher than its 200-day moving average of $27.36.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 31, 2024, the estimated forward annual dividend rate is 2.3 and the estimated forward annual dividend yield is 8.25%.
Sales Growth
Western Gas Partners, LP Limited Partner Interests’s sales growth is 10.9% for the present quarter and 17% for the next.
Volume
Today’s last reported volume for Western Gas Partners, LP Limited Partner Interests is 369518 which is 67.93% below its average volume of 1152530.
5. OceanFirst Financial Corp. (OCFC)
47.06% Payout Ratio
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
Earnings Per Share
As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.7.
PE Ratio
OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 10.14. Meaning, the purchaser of the share is investing $10.14 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 6.41%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 23.6% and a negative 6.5%, respectively.
Sales Growth
OceanFirst Financial Corp.’s sales growth for the current quarter is negative 12.8%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 1, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 4.64%.
6. Cummins (CMI)
32.55% Payout Ratio
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Earnings Per Share
As for profitability, Cummins has a trailing twelve months EPS of $5.16.
PE Ratio
Cummins has a trailing twelve months price to earnings ratio of 51.89. Meaning, the purchaser of the share is investing $51.89 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 27.03%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 7.6% and a negative 4%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 21, 2023, the estimated forward annual dividend rate is 6.72 and the estimated forward annual dividend yield is 2.75%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15%, now sitting on 33.29B for the twelve trailing months.
Moving Average
Cummins’s worth is way higher than its 50-day moving average of $235.78 and way above its 200-day moving average of $232.56.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
