(VIANEWS) – San Juan Basin Royalty Trust (SJT), Dolby Laboratories (DLB), Louisiana (LPX) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio up until 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. San Juan Basin Royalty Trust (SJT)
100% Payout Ratio
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland's oil and natural gas interests (the Subject Interests) in properties located in the San Juan Basin in northwestern New Mexico. The Subject Interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico, as well as 1,140.0 net wells. BBVA USA serves as the trustee of the San Juan Basin Royalty Trust. The company was founded in 1980 and is based in Houston, Texas.
Earnings Per Share
As for profitability, San Juan Basin Royalty Trust has a trailing twelve months EPS of $2.02.
PE Ratio
San Juan Basin Royalty Trust has a trailing twelve months price to earnings ratio of 3.66. Meaning, the purchaser of the share is investing $3.66 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 3078.35%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
San Juan Basin Royalty Trust’s EBITDA is 40.65.
2. Dolby Laboratories (DLB)
47.11% 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 $2.25.
PE Ratio
Dolby Laboratories has a trailing twelve months price to earnings ratio of 35.91. Meaning, the purchaser of the share is investing $35.91 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 9.07%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3%, now sitting on 1.29B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Dolby Laboratories’s EBITDA is 150.46.
Sales Growth
Dolby Laboratories’s sales growth for the current quarter is 0.8%.
Yearly Top and Bottom Value
Dolby Laboratories’s stock is valued at $80.80 at 08:23 EST, way under its 52-week high of $91.02 and way above its 52-week low of $61.55.
3. Louisiana (LPX)
42.4% Payout Ratio
Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America. The Siding segment offers siding products and related accessories, such as wood-based siding, trim, soffit, and fascia products; and CanExel siding and accessory products, including pre-finished lap and trim products, as well as outdoor building solutions. The OSB segment manufactures and distributes structural panel products comprising OSBs, TechShield radiant barriers, TopNotch sub-floorings, Legacy super tough products, moisture-resistant sub-floorings, and FlameBlock fire-rated sheathing products. The Engineered Wood Products segment provides laminated veneer lumber, laminated strand lumber, and other related products; and I-joists, which are primarily used in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB and siding products. This segment also distributes and sells related products to augment the transition to wood frame construction. The company also offers timber and timberlands, as well as other products and services. Louisiana-Pacific Corporation sells its products, primarily to retail home centers, wholesalers, distributors, and homebuilding and industrial businesses in North America and South America, as well as in Asia, Australia, and Europe. The company was founded in 1973 and is headquartered in Nashville, Tennessee.
Earnings Per Share
As for profitability, Louisiana has a trailing twelve months EPS of $2.17.
PE Ratio
Louisiana has a trailing twelve months price to earnings ratio of 24.86. Meaning, the purchaser of the share is investing $24.86 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 8.12%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 45.9%, now sitting on 2.75B for the twelve trailing months.
Volume
Today’s last reported volume for Louisiana is 1024490 which is 5.27% above its average volume of 973189.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 1.78%.
Previous days news about Louisiana (LPX)
- According to MarketWatch on Friday, 20 October, "The GOP opposition to Jordan stemmed from a range of concerns, including that his speakership could lead to cuts in defense ITA spending, as well as the view that he didn’t provide enough support for the speaker bid of House Majority Leader Steve Scalise, a Louisiana Republican. "
- According to MarketWatch on Friday, 20 October, "The GOP opposition to Jordan stemmed from a range of concerns, including that his speakership could lead to cuts in defense ITA spending, as well as the view that he didn’t provide enough support for the speaker bid of House Majority Leader Steve Scalise, a Louisiana Republican. "
4. Premier Financial Corp. (PFC)
36.42% Payout Ratio
Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, and consumer loans. In addition, it invests in the U.S. treasury and federal government agency obligations, obligations of states and political subdivisions, mortgage-backed securities that are issued by federal agencies, collateralized mortgage obligations, and corporate bonds. Further, the company offers property and casualty, life, and group health insurance agency services; mezzanine funding services; and online banking services, which include mobile banking, person-to-person payments, online bill pay, and online account opening, as well as the MoneyPass ATM network. It operates in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. The company was formerly known as First Defiance Financial Corp. and changed its name to Premier Financial Corp. in June 2020. Premier Financial Corp. was founded in 1920 and is headquartered in Defiance, Ohio.
Earnings Per Share
As for profitability, Premier Financial Corp. has a trailing twelve months EPS of $3.35.
PE Ratio
Premier Financial Corp. has a trailing twelve months price to earnings ratio of 5.03. Meaning, the purchaser of the share is investing $5.03 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 13.06%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 60.2%, now sitting on 321.4M for the twelve trailing months.
Moving Average
Premier Financial Corp. ‘s worth is way under its 50-day moving average of $18.96 and way below its 200-day moving average of $20.13.
Volume
Today’s last reported volume for Premier Financial Corp. is 34032 which is 79.5% below its average volume of 166070.
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.
