(VIANEWS) – Extra Space Storage (EXR), eBay (EBAY), Verizon (VZ) 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 promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. Extra Space Storage (EXR)
96.38% Payout Ratio
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of December 31, 2022, the Company owned and/or operated 2,338 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.6 million units and approximately 176.1 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $6.36.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 22.93. Meaning, the purchaser of the share is investing $22.93 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 23.07%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.4%, now sitting on 2.03B for the twelve trailing months.
2. eBay (EBAY)
86.67% Payout Ratio
eBay Inc. operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company's marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, and sell various products. The company was founded in 1995 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, eBay has a trailing twelve months EPS of $1.05.
PE Ratio
eBay has a trailing twelve months price to earnings ratio of 41.51. Meaning, the purchaser of the share is investing $41.51 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 10.19%.
3. Verizon (VZ)
50.54% Payout Ratio
Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Verizon has a trailing twelve months EPS of $5.14.
PE Ratio
Verizon has a trailing twelve months price to earnings ratio of 6.79. Meaning, the purchaser of the share is investing $6.79 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 24.59%.
Previous days news about Verizon (VZ)
- According to Zacks on Thursday, 25 May, "Comcast contributed 11.5% (up 8.4%), while Frontier and Verizon represented 9.9% and 9.6% of total revenues, respectively. "
- According to Zacks on Thursday, 25 May, "Also, Crown Castle faces high customer concentration, with T-Mobile, AT&T, and Verizon accounting for around three-fourths of its site rental revenues as of Mar 31, 2023. "
4. Silvercrest Asset Management Group (SAMG)
47.97% Payout Ratio
Silvercrest Asset Management Group Inc., a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors. It also manages funds of funds and other investment funds. The company was founded in 2002 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Silvercrest Asset Management Group has a trailing twelve months EPS of $1.48.
PE Ratio
Silvercrest Asset Management Group has a trailing twelve months price to earnings ratio of 12.74. Meaning, the purchaser of the share is investing $12.74 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 19.02%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.2%, now sitting on 119.14M for the twelve trailing months.
Moving Average
Silvercrest Asset Management Group’s value is higher than its 50-day moving average of $17.78 and above its 200-day moving average of $18.12.
Volume
Today’s last reported volume for Silvercrest Asset Management Group is 26653 which is 4.4% above its average volume of 25529.
