(VIANEWS) – Gladstone Commercial Corporation (GOOD), Douglas Dynamics (PLOW), WesBanco (WSBC) 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 promise 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. Gladstone Commercial Corporation (GOOD)
7518.38% Payout Ratio
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.
Earnings Per Share
As for profitability, Gladstone Commercial Corporation has a trailing twelve months EPS of $-0.03.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.42%.
Previous days news about Gladstone Commercial Corporation (GOOD)
- According to Zacks on Wednesday, 4 September, "To expand its property base in targeted thriving markets, Gladstone Commercial Corporation (GOOD Quick QuoteGOOD – Free Report) recently announced the acquisition of a Class A industrial manufacturing, distribution and service facility spanning 50,102 square feet in Midland, TX, at a weighted GAAP capitalization rate of 9.94%."
2. Douglas Dynamics (PLOW)
99.16% Payout Ratio
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the BLIZZARD, FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Douglas Dynamics has a trailing twelve months EPS of $1.19.
PE Ratio
Douglas Dynamics has a trailing twelve months price to earnings ratio of 23.48. Meaning, the purchaser of the share is investing $23.48 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 12.15%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 16% and positive 168.4% for the next.
3. WesBanco (WSBC)
67.45% Payout Ratio
WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services. It offers commercial demand, individual demand, and time deposit accounts; commercial, mortgage and individual installment loans; retail loans, such as residential real estate mortgage loans, home equity lines of credit, and loans for other consumer purposes; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and various non-traditional offerings, such as insurance and securities brokerage services. The company also provides trust services; and various alternative investment products, including mutual funds and annuities. In addition, it acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.
Earnings Per Share
As for profitability, WesBanco has a trailing twelve months EPS of $2.12.
PE Ratio
WesBanco has a trailing twelve months price to earnings ratio of 14.96. Meaning, the purchaser of the share is investing $14.96 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 5.45%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.6%, now sitting on 563.25M for the twelve trailing months.
Sales Growth
WesBanco’s sales growth is negative 1.3% for the current quarter and 4.2% for the next.
4. Mesabi Trust (MSB)
61.79% Payout Ratio
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.
Earnings Per Share
As for profitability, Mesabi Trust has a trailing twelve months EPS of $1.63.
PE Ratio
Mesabi Trust has a trailing twelve months price to earnings ratio of 10.79. Meaning, the purchaser of the share is investing $10.79 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 129.51%.
Moving Average
Mesabi Trust’s value is above its 50-day moving average of $17.34 and under its 200-day moving average of $18.16.
Volume
Today’s last reported volume for Mesabi Trust is 18335 which is 5.93% below its average volume of 19492.
Revenue Growth
Year-on-year quarterly revenue growth grew by 238.1%, now sitting on 27.26M for the twelve trailing months.
5. Huntington Bancshares (HBAN)
58.49% Payout Ratio
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. It also provides 24-hour grace, asterisk-free checking, money scout, $50 safety zone, standby cash, early pay, instant access, savings goal getter, and Huntington heads up; digitally powered consumer and business financial solutions to consumer lending, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans, as well as dealer finance loans and deposits; and private banking, wealth management and legacy planning through investment and portfolio management, fiduciary administration and trust, institutional custody, and full-service retail brokerage investment services. The company offers equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions, as well as Huntington ChoicePay. In addition, it offers lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, and global services; and corporate risk management, institutional sales and trading, debt and equity issuance, and additional advisory services. The company offers its products through a network of channels, including branches and ATMs, online and mobile banking, and through customer call centers to customers in middle market banking, corporate, specialty, and government banking, asset finance, commercial real estate banking, and capital markets. The company was founded in 1866 and is headquartered in Columbus, Ohio.
Earnings Per Share
As for profitability, Huntington Bancshares has a trailing twelve months EPS of $1.24.
PE Ratio
Huntington Bancshares has a trailing twelve months price to earnings ratio of 10.73. Meaning, the purchaser of the share is investing $10.73 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 8.87%.
6. Royal Bank Of Canada (RY)
48.98% Payout Ratio
Earnings Per Share
As for profitability, Royal Bank Of Canada has a trailing twelve months EPS of $7.94.
PE Ratio
Royal Bank Of Canada has a trailing twelve months price to earnings ratio of 12.41. Meaning, the purchaser of the share is investing $12.41 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 13.68%.
Moving Average
Royal Bank Of Canada’s value is way below its 50-day moving average of $110.46 and below its 200-day moving average of $101.83.
Volume
Today’s last reported volume for Royal Bank Of Canada is 761013 which is 38.13% below its average volume of 1230050.
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%.
