(VIANEWS) – Enpro Industries (NPO), Northwest Bancshares (NWBI), Target Corporation (TGT) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 distribute them.
When investigating 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. Enpro Industries (NPO)
114.14% Payout Ratio
EnPro Industries, Inc. designs, develops, manufactures, and markets engineered industrial products worldwide. The company operates in two segments, Sealing Products and Engineered Products. The Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing products; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; and modular sealing systems for sealing pipeline penetrations for the use in chemical and petrochemical processing, petroleum extraction and refining, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries. This segment also provides aseptic fluid transfer products for the pharmaceutical and biopharmaceutical industries; and cleaning and refurbishment services for critical components and assemblies used in semiconductor equipment. The Engineered Products segment offers self-lubricating, non-rolling, metal-polymer, solid polymer, and filament wound bearing products; aluminum blocks for hydraulic applications; and precision engineered components and lubrication systems for reciprocating compressors. This segment's products has applications in the automotive, pharmaceutical, pulp and paper, natural gas, health, power generation, machine tools, air treatment, refining, petrochemical, and general industrial markets. EnPro Industries, Inc. was founded in 2002 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Enpro Industries has a trailing twelve months EPS of $0.99.
PE Ratio
Enpro Industries has a trailing twelve months price to earnings ratio of 100.69. Meaning, the purchaser of the share is investing $100.69 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 1.28%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 1.11B for the twelve trailing months.
Volume
Today’s last reported volume for Enpro Industries is 138704 which is 24.11% above its average volume of 111750.
Yearly Top and Bottom Value
Enpro Industries’s stock is valued at $99.68 at 08:23 EST, way below its 52-week high of $127.67 and way higher than its 52-week low of $76.14.
2. Northwest Bancshares (NWBI)
73.39% Payout Ratio
Northwest Bancshares, Inc. operates as a holding company for Northwest Bank that offers various personal and business banking solutions. The company accepts various deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts. Its loan products include one-to-four family residential real estate, short-term consumer, multi-family residential and commercial real estate, commercial business, and residential mortgage loans; home equity lines of credit; and consumer loans comprising automobile, sales finance, unsecured personal, and credit card loans, as well as loans secured by deposit accounts. The company also offers investment management and trust services; and employee benefits, and property and casualty insurance As of December 31, 2020, it operated 170 community-banking locations in central and western Pennsylvania, western New York, and eastern Ohio. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Warren, Pennsylvania.
Earnings Per Share
As for profitability, Northwest Bancshares has a trailing twelve months EPS of $1.09.
PE Ratio
Northwest Bancshares has a trailing twelve months price to earnings ratio of 9.86. Meaning, the purchaser of the share is investing $9.86 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 9.16%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 3.8% and a drop 13.8% for the next.
Moving Average
Northwest Bancshares’s worth is below its 50-day moving average of $11.40 and way under its 200-day moving average of $13.48.
3. Target Corporation (TGT)
66.22% Payout Ratio
Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies. It also provides dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, and food service; electronics, which includes video game hardware and software, toys, entertainment, sporting goods, and luggage; and furniture, lighting, storage, kitchenware, small appliances, home décor, bed and bath, home improvement, school/office supplies, greeting cards and party supplies, and other seasonal merchandise. In addition, the company sells merchandise through periodic design and creative partnerships, and shop-in-shop experience; and in-store amenities. Further, it sells its products through its stores; and digital channels, including Target.com. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
Earnings Per Share
As for profitability, Target Corporation has a trailing twelve months EPS of $5.88.
PE Ratio
Target Corporation has a trailing twelve months price to earnings ratio of 22.62. Meaning, the purchaser of the share is investing $22.62 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 23.11%.
4. Gold Fields Limited (GFI)
43.69% Payout Ratio
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.
Earnings Per Share
As for profitability, Gold Fields Limited has a trailing twelve months EPS of $0.78.
PE Ratio
Gold Fields Limited has a trailing twelve months price to earnings ratio of 19.6. Meaning, the purchaser of the share is investing $19.6 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 17.04%.
Yearly Top and Bottom Value
Gold Fields Limited’s stock is valued at $15.29 at 08:23 EST, way under its 52-week high of $17.78 and way above its 52-week low of $7.03.
5. PNC Financial Services Group (PNC)
41.1% Payout Ratio
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; securities underwriting, loan syndications, customer-related trading, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, PNC Financial Services Group has a trailing twelve months EPS of $14.6.
PE Ratio
PNC Financial Services Group has a trailing twelve months price to earnings ratio of 8.48. Meaning, the purchaser of the share is investing $8.48 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 12.98%.
Moving Average
PNC Financial Services Group’s worth is under its 50-day moving average of $125.88 and way under its 200-day moving average of $151.40.
Volume
Today’s last reported volume for PNC Financial Services Group is 1970250 which is 55.85% below its average volume of 4463370.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 16, 2023, the estimated forward annual dividend rate is 6 and the estimated forward annual dividend yield is 5.38%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 2.4% and a negative 11.6%, respectively.
Previous days news about PNC Financial Services Group (PNC)
- According to MarketWatch on Friday, 2 June, "Zelle is jointly owned by six banks: JPMorgan, Truist Financial Corp. , Capital One , U.S. Bancorp , PNC Financial Services Group Inc. and Wells Fargo & Co. ."
- According to MarketWatch on Friday, 2 June, "Zelle is jointly owned by six banks: JPMorgan, Truist Financial Corp. , Capital One , U.S. Bancorp , PNC Financial Services Group Inc. and Wells Fargo & Co. ."
6. Univest Financial Corporation (UVSP)
31.46% Payout Ratio
Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking products and services primarily in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment provides a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations. The Wealth Management segment offers investment advisory, financial planning, and trust and brokerage services for private families and individuals, municipal pension plans, retirement plans, and trusts and guardianships. The Insurance segment provides commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services. It serves customers primarily in Bucks, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lehigh, Montgomery, Northampton, Philadelphia, and York counties in Pennsylvania; and Atlantic, Burlington, and Cape May counties in New Jersey through 40 banking offices. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.
Earnings Per Share
As for profitability, Univest Financial Corporation has a trailing twelve months EPS of $2.67.
PE Ratio
Univest Financial Corporation has a trailing twelve months price to earnings ratio of 6.87. Meaning, the purchaser of the share is investing $6.87 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 10.03%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 8, 2023, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 4.58%.
Sales Growth
Univest Financial Corporation’s sales growth is 11.7% for the present quarter and 5.8% for the next.
Volume
Today’s last reported volume for Univest Financial Corporation is 77592 which is 35.17% below its average volume of 119701.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.1%, now sitting on 289.01M for the twelve trailing months.
