EastGroup Properties And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – EastGroup Properties (EGP), Vaalco Energy (EGY), Amdocs Limited (DOX) are the highest payout ratio stocks on this list.

We have congregated information concerning stocks with the highest payout ratio at the moment. 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. EastGroup Properties (EGP)

109.52% Payout Ratio

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.7 million square feet.

Earnings Per Share

As for profitability, EastGroup Properties has a trailing twelve months EPS of $4.63.

PE Ratio

EastGroup Properties has a trailing twelve months price to earnings ratio of 35.82. Meaning, the purchaser of the share is investing $35.82 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 9.14%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 12.4% and 5.6%, respectively.

Volume

Today’s last reported volume for EastGroup Properties is 99101 which is 64.19% below its average volume of 276766.

Yearly Top and Bottom Value

EastGroup Properties’s stock is valued at $165.86 at 14:23 EST, way below its 52-week high of $188.85 and above its 52-week low of $154.75.

2. Vaalco Energy (EGY)

41.67% Payout Ratio

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.6.

PE Ratio

Vaalco Energy has a trailing twelve months price to earnings ratio of 10.17. Meaning, the purchaser of the share is investing $10.17 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 13.92%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 4.1%.

Sales Growth

Vaalco Energy’s sales growth for the next quarter is 15.3%.

Volume

Today’s last reported volume for Vaalco Energy is 867438 which is 31.08% below its average volume of 1258720.

3. Amdocs Limited (DOX)

40% Payout Ratio

Amdocs Limited, through its subsidiaries, provides software and services worldwide. The company designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. It provides CES21, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; the Commerce and Care suite for order capture, handling, and customer engagement; the Monetization suite for charging, billing, policy, and revenue management; Intelligent Networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; MarketONE, a cloud-native business ecosystem; Digital Brands Suite, a pre-integrated digital business suite for digital telecom brands and small-scale service providers; and eSIM Cloud for service providers. It also offers AI-powered, cloud-native, and home operating systems; data intelligence solutions and applications; media services for media publishers, TV networks, and video streaming and service providers; end-to-end application development and maintenance services; and ongoing services. In addition, the company provides a line of services designed for various stages of a service provider's lifecycle includes design, delivery, quality engineering, operations, systems integration, mobile network services, consulting, and content services; managed services comprising application development, modernization and maintenance, IT and infrastructure services, testing and professional services that are designed to assist customers in the selection, implementation, operation, management, and maintenance of IT systems. It serves to the communications, cable and satellite, entertainment, and media industry service providers, as well as mobile virtual network operators and directory publishers. Amdocs Limited was founded in 1988 and is headquartered in Saint Louis, Missouri.

Earnings Per Share

As for profitability, Amdocs Limited has a trailing twelve months EPS of $4.46.

PE Ratio

Amdocs Limited has a trailing twelve months price to earnings ratio of 17.49. Meaning, the purchaser of the share is investing $17.49 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 14.71%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1.9% and 20.4%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.8%, now sitting on 4.97B for the twelve trailing months.

Sales Growth

Amdocs Limited’s sales growth for the next quarter is 2.2%.

Volume

Today’s last reported volume for Amdocs Limited is 815355 which is 11.56% above its average volume of 730817.

4. First Capital (FCAP)

30.34% Payout Ratio

First Capital, Inc. operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans. It also provides real estate mortgage loans, such as fixed-rate and adjustable rate mortgage residential loans, construction loans for residential and commercial properties, and commercial real estate loans, as well as commercial business loans. In addition, the company originates mortgage loans for sale in the secondary market and sells non-deposit investment products; and offers various secured or guaranteed consumer loans comprising automobile and truck loans, home equity loans, home improvement loans, boat loans, mobile home loans, and loans secured by savings deposits, as well as unsecured consumer loans. It provides its products and services through 18 locations in Indiana and Kentucky. First Capital, Inc. was founded in 1891 and is based in Corydon, Indiana.

Earnings Per Share

As for profitability, First Capital has a trailing twelve months EPS of $3.56.

PE Ratio

First Capital has a trailing twelve months price to earnings ratio of 8.39. Meaning, the purchaser of the share is investing $8.39 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 11.94%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 3.61%.

Moving Average

First Capital’s value is above its 50-day moving average of $28.91 and above its 200-day moving average of $27.86.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7%, now sitting on 40.31M for the twelve trailing months.

Yearly Top and Bottom Value

First Capital’s stock is valued at $29.88 at 14:23 EST, way under its 52-week high of $37.90 and way higher than its 52-week low of $22.95.

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 current quarter and 1% for the next.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

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