Griffon Corporation And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Highwoods Properties (HIW), ConAgra Foods (CAG), Rockwell Automation (ROK) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio up to now. 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 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. Highwoods Properties (HIW)

143.88% Payout Ratio

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

Earnings Per Share

As for profitability, Highwoods Properties has a trailing twelve months EPS of $1.39.

PE Ratio

Highwoods Properties has a trailing twelve months price to earnings ratio of 17.42. Meaning, the purchaser of the share is investing $17.42 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 5.99%.

Moving Average

Highwoods Properties’s worth is higher than its 50-day moving average of $23.06 and above its 200-day moving average of $22.05.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 57.1% and a negative 50%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 16, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 8.42%.

2. ConAgra Foods (CAG)

66.34% Payout Ratio

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, ConAgra Foods has a trailing twelve months EPS of $2.05.

PE Ratio

ConAgra Foods has a trailing twelve months price to earnings ratio of 13.63. Meaning, the purchaser of the share is investing $13.63 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 11.06%.

Moving Average

ConAgra Foods’s worth is under its 50-day moving average of $28.58 and below its 200-day moving average of $30.09.

Sales Growth

ConAgra Foods’s sales growth for the next quarter is negative 0.4%.

3. Rockwell Automation (ROK)

45.62% Payout Ratio

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services. The Intelligent Devices segment offers drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software & Control segment provides control and visualization software and hardware, information software, and network and security infrastructure solutions. The Lifecycle Services segment provides consulting, professional services and solutions, and connected and maintenance services. The company sells its solutions primarily through independent distributors in relation with its direct sales force. It serves discrete end markets, including automotive, semiconductor, and warehousing and logistics, as well as general industries comprising printing and publishing, marine, glass, fiber and textiles, airports, and aerospace; hybrid end markets, such as food and beverage, life sciences, household and personal care, and tire, as well as eco industrial, including water/wastewater, waste management, mass transit, and renewable energy; and process end markets comprising oil and gas, mining, metals, chemicals, pulp and paper, and others. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.

Earnings Per Share

As for profitability, Rockwell Automation has a trailing twelve months EPS of $10.5.

PE Ratio

Rockwell Automation has a trailing twelve months price to earnings ratio of 27.71. Meaning, the purchaser of the share is investing $27.71 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 31.83%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 25.9% and positive 18.6% for the next.

Volume

Today’s last reported volume for Rockwell Automation is 672379 which is 31.99% below its average volume of 988705.

4. Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX)

44.67% Payout Ratio

Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the stocks of large-cap companies. The fund also invests through index call options. It seeks to replicate the performance of its portfolio against the NASDAQ 100 Index. The fund was previously known as NASDAQ Premium Income & Growth Fund Inc. Nuveen Nasdaq 100 Dynamic Overwrite Fund was formed on January 30, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen NASDAQ 100 Dynamic Overwrite Fund has a trailing twelve months EPS of $4.09.

PE Ratio

Nuveen NASDAQ 100 Dynamic Overwrite Fund has a trailing twelve months price to earnings ratio of 5.8. Meaning, the purchaser of the share is investing $5.8 for every dollar of annual earnings.

Volume

Today’s last reported volume for Nuveen NASDAQ 100 Dynamic Overwrite Fund is 101033 which is 20.63% below its average volume of 127298.

5. Griffon Corporation (GFF)

36.76% Payout Ratio

Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; wheelbarrows and lawn carts; snow, striking, and hand tools; planters and lawn accessories; garden hoses; and pruners, loppers, shears, and other tools, as well as cleaning products for professional, home, and industrial use. It also designs and sells residential, industrial, and commercial fans under the Hunter Fan and Casablanca brand names The company's Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and rolling steel door and grille products for commercial, industrial, institutional, and retail uses. It sells its products under the True Temper, AMES, ClosetMaid, Clopay, Ideal, Holmes, CornellCookson, Garant, Harper, UnionTools, Westmix, Cyclone, Southern Patio, Northcote Pottery, Nylex, Hills, Kelkay, Tuscan Path, La Hacienda, Kelso, Dynamic Design, Apta, Quatro Design, Razor-Back, Jackson, Darby, Trojan, Supercraft, NeverLeak, Maximum Load, SuperSlide, ShelfTrack, MasterSuite, Suite Symphony, ExpressShelf, Style+, and SpaceCreations brand names. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1774 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Griffon Corporation has a trailing twelve months EPS of $1.36.

PE Ratio

Griffon Corporation has a trailing twelve months price to earnings ratio of 51.55. Meaning, the purchaser of the share is investing $51.55 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 17.51%.

Moving Average

Griffon Corporation’s worth is way higher than its 50-day moving average of $61.46 and way above its 200-day moving average of $45.74.

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%.

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.

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