Erie Indemnity Company And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Advanced Semiconductor Engineering (ASX), Erie Indemnity Company (ERIE), Kelly Services (KELYA) are the highest payout ratio stocks on this list.

We have collected information about 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 issue 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. Advanced Semiconductor Engineering (ASX)

123.95% Payout Ratio

ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology. ASE Technology Holding Co., Ltd. was founded in 1984 and is headquartered in Kaohsiung, Taiwan.

Earnings Per Share

As for profitability, Advanced Semiconductor Engineering has a trailing twelve months EPS of $0.46.

PE Ratio

Advanced Semiconductor Engineering has a trailing twelve months price to earnings ratio of 20.57. Meaning, the purchaser of the share is investing $20.57 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 10.63%.

Volume

Today’s last reported volume for Advanced Semiconductor Engineering is 2996500 which is 41.75% below its average volume of 5144880.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 29, 2023, the estimated forward annual dividend rate is 0.57 and the estimated forward annual dividend yield is 6.45%.

Sales Growth

Advanced Semiconductor Engineering’s sales growth for the current quarter is 6.4%.

2. Erie Indemnity Company (ERIE)

46.61% Payout Ratio

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.

Earnings Per Share

As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $7.66.

PE Ratio

Erie Indemnity Company has a trailing twelve months price to earnings ratio of 44.73. Meaning, the purchaser of the share is investing $44.73 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 26.99%.

Sales Growth

Erie Indemnity Company’s sales growth is 10.3% for the ongoing quarter and 11% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 61.6% and 38.8%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.9%, now sitting on 3.15B for the twelve trailing months.

Volume

Today’s last reported volume for Erie Indemnity Company is 131299 which is 31.72% above its average volume of 99677.

3. Kelly Services (KELYA)

46.15% Payout Ratio

Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and placement services in the areas of office, professional, light industrial, and contact center specialties. The Science, Engineering & Technology segment offers staffing, outcome-based, and placement services in the areas of science and clinical research, engineering, technology, and telecommunications specialties. The Education segment provides staffing, placement, and executive search services to early childhood, and higher education markets. The Outsourcing & Consulting segment offers recruitment process outsourcing (RPO), payroll process outsourcing, and talent advisory services, as well as managed services. The International segment provides staffing, RPO, and placement services in Europe and Mexico. The company serves customers in the United States, Canada, Mexico, Puerto Rico, France, Switzerland, Portugal, Russia, the United Kingdom, Italy, rest of Europe, and the Asia-Pacific region. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.

Earnings Per Share

As for profitability, Kelly Services has a trailing twelve months EPS of $0.65.

PE Ratio

Kelly Services has a trailing twelve months price to earnings ratio of 32.02. Meaning, the purchaser of the share is investing $32.02 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 1.94%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 20, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 1.44%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.3%, now sitting on 4.84B for the twelve trailing months.

Sales Growth

Kelly Services’s sales growth for the current quarter is negative 0.8%.

Volume

Today’s last reported volume for Kelly Services is 24682 which is 88.38% below its average volume of 212452.

4. Fidelity D & D Bancorp (FDBC)

45.77% Payout Ratio

Fidelity D & D Bancorp, Inc. operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, clubs, interest-bearing and non-interest bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit. Its loan products include commercial and industrial loans, commercial real estate loans, consumer loans, and residential mortgage loans. The company also provides alternative financial and insurance products with asset management services. As of December 31, 2020, it operated 20 full-service banking offices in Lackawanna, Luzerne, Northampton, and Lehigh counties, Pennsylvania. Fidelity D & D Bancorp, Inc. was founded in 1902 and is headquartered in Dunmore, Pennsylvania.

Earnings Per Share

As for profitability, Fidelity D & D Bancorp has a trailing twelve months EPS of $3.19.

PE Ratio

Fidelity D & D Bancorp has a trailing twelve months price to earnings ratio of 15.21. Meaning, the purchaser of the share is investing $15.21 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 10.33%.

Moving Average

Fidelity D & D Bancorp’s worth is under its 50-day moving average of $53.72 and above its 200-day moving average of $47.73.

Yearly Top and Bottom Value

Fidelity D & D Bancorp’s stock is valued at $48.51 at 13:23 EST, way under its 52-week high of $60.85 and way higher than its 52-week low of $35.51.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 3.13%.

5. CRH PLC (CRH)

32.99% Payout Ratio

CRH plc, through its subsidiaries, manufactures and distributes building materials in Ireland and internationally. It operates through three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, kerbs, retaining walls, and related patio products; It also offers precast concrete and polymer-based products, such as underground vaults, drainage pipes and structures, utility enclosures, and modular precast structures to the water, energy, communication, transportation, and building structures markets; and construction accessories, such as engineered anchoring, fixing, and connection solutions, as well as lifting systems, formwork accessories, and other accessories used in construction applications. In addition, the company offers network access products, which include composite access chambers, covers, passive safety systems, retention sockets, sealants, and meter boxes; and paving and construction services. Further, it provides building and civil engineering contracting, contract surfacing, operates logistics and owned railway infrastructure; sells and distributes cement; and supplies access chambers and ducting products. CRH plc was founded in 1936 and is headquartered in Dublin, Ireland.

Earnings Per Share

As for profitability, CRH PLC has a trailing twelve months EPS of $3.85.

PE Ratio

CRH PLC has a trailing twelve months price to earnings ratio of 19.39. Meaning, the purchaser of the share is investing $19.39 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 13.67%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.6%, now sitting on 33.86B for the twelve trailing months.

Yearly Top and Bottom Value

CRH PLC’s stock is valued at $74.64 at 13:23 EST, higher than its 52-week high of $73.53.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 1.33 and the estimated forward annual dividend yield is 1.82%.

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.

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