(VIANEWS) – Dana Holding Corporation (DAN), Dolby Laboratories (DLB), CenterPoint Energy (CNP) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.
1. Dana Holding Corporation (DAN)
444.44% Payout Ratio
Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It offers sealing solutions, thermal-management technologies, and digital solutions to vehicle and engine manufacturers. The company operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Light Vehicle Drive Systems segment offers front drive steer rigid axles, rear drive rigid axles, driveshafts/propshafts, front/rear drive units, AWD systems, power transfer units, electromechanical propulsion systems, EV gearboxes, and differentials for use in light trucks, sport utility vehicles, crossover utility vehicles, vans, and passenger cars. The Commercial Vehicle Drive and Motion Systems segment provides steer and drive axles, driveshafts, tire inflation systems, high and low voltage motors and inverters, vehicle integration services, and connected software solutions for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Systems segment manufactures front and rear axles; driveshafts; transmissions; torque converters; wheel, track, and winch planetary drives; industrial gear boxes; custom gears and shifting solutions; tire inflation systems; electronic controls; hydraulic valves, pumps and motors; and EV motors and inverter for use in construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary applications. The Power Technologies segment offers gaskets, cover modules, heat shields, engine sealing systems, cooling products, and heat transfer products for light vehicle, medium/heavy vehicle, and off-highway markets. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.
Earnings Per Share
As for profitability, Dana Holding Corporation has a trailing twelve months EPS of $0.09.
PE Ratio
Dana Holding Corporation has a trailing twelve months price to earnings ratio of 132.56. Meaning, the purchaser of the share is investing $132.56 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 0.93%.
Yearly Top and Bottom Value
Dana Holding Corporation’s stock is valued at $11.93 at 08:23 EST, way below its 52-week high of $19.75 and above its 52-week low of $11.10.
Moving Average
Dana Holding Corporation’s worth is below its 50-day moving average of $12.96 and below its 200-day moving average of $12.99.
Volume
Today’s last reported volume for Dana Holding Corporation is 787029 which is 31.6% below its average volume of 1150700.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 9, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 3.35%.
2. Dolby Laboratories (DLB)
58.76% Payout Ratio
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications.; AVC, a digital video codec with high bandwidth efficiency used in media devices; Dolby AC-4, an audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, communication, and entertainment industries. Further, it offers various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Dolby Laboratories has a trailing twelve months EPS of $1.94.
PE Ratio
Dolby Laboratories has a trailing twelve months price to earnings ratio of 40.67. Meaning, the purchaser of the share is investing $40.67 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 8.02%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 7.3% and 30.8%, respectively.
Sales Growth
Dolby Laboratories’s sales growth for the next quarter is 12.4%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3%, now sitting on 1.27B for the twelve trailing months.
Volume
Today’s last reported volume for Dolby Laboratories is 265123 which is 28.57% below its average volume of 371214.
3. CenterPoint Energy (CNP)
54.93% Payout Ratio
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, CenterPoint Energy has a trailing twelve months EPS of $1.42.
PE Ratio
CenterPoint Energy has a trailing twelve months price to earnings ratio of 20.4. Meaning, the purchaser of the share is investing $20.4 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 9.26%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 17.9% and 12.5%, respectively.
Sales Growth
CenterPoint Energy’s sales growth for the current quarter is 2.4%.
4. MEDIFAST (MED)
53.31% Payout Ratio
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through direct ecommerce platform and franchise weight control center channels. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.
Earnings Per Share
As for profitability, MEDIFAST has a trailing twelve months EPS of $6.19.
PE Ratio
MEDIFAST has a trailing twelve months price to earnings ratio of 3.01. Meaning, the purchaser of the share is investing $3.01 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 35.49%.
Moving Average
MEDIFAST’s worth is way under its 50-day moving average of $21.57 and way under its 200-day moving average of $44.85.
Sales Growth
MEDIFAST’s sales growth is negative 44.7% for the present quarter and negative 31.1% for the next.
Volume
Today’s last reported volume for MEDIFAST is 203491 which is 65.76% below its average volume of 594353.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1% and 1%, respectively.
