(VIANEWS) – Hanover Insurance Group (THG), Douglas Dynamics (PLOW), Sunoco LP (SUN) 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 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. Hanover Insurance Group (THG)
94.74% Payout Ratio
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, and other miscellaneous coverages. The Other segment offers investment management and advisory services to institutions, pension funds, and other organizations. The company markets its products and services through independent agents and brokers. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Earnings Per Share
As for profitability, Hanover Insurance Group has a trailing twelve months EPS of $3.19.
PE Ratio
Hanover Insurance Group has a trailing twelve months price to earnings ratio of 40.15. Meaning, the purchaser of the share is investing $40.15 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 4.27%.
Yearly Top and Bottom Value
Hanover Insurance Group’s stock is valued at $128.09 at 08:23 EST, way under its 52-week high of $155.55 and above its 52-week low of $123.36.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 5.47B for the twelve trailing months.
Sales Growth
Hanover Insurance Group’s sales growth is 6% for the present quarter and 5.7% for the next.
2. Douglas Dynamics (PLOW)
71.17% Payout Ratio
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates in two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. It sells its products under the BLIZZARD, FISHER, HENDERSON, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, and DEJANA brands. The company distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. Douglas Dynamics, Inc. was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Douglas Dynamics has a trailing twelve months EPS of $1.54.
PE Ratio
Douglas Dynamics has a trailing twelve months price to earnings ratio of 21.47. Meaning, the purchaser of the share is investing $21.47 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 17.09%.
Volume
Today’s last reported volume for Douglas Dynamics is 116199 which is 77.73% above its average volume of 65376.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 1.18 and the estimated forward annual dividend yield is 3.38%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Douglas Dynamics’s EBITDA is 1.64.
Sales Growth
Douglas Dynamics’s sales growth is negative 1.1% for the current quarter and 3.4% for the next.
3. Sunoco LP (SUN)
70.56% Payout Ratio
Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and oil companies and supplies it to independently operated dealer stations, distributors and other consumer of motor fuel, and partnership operated stations, as well as to commission agent locations. The All Other segment operates retail stores that offer motor fuel, merchandise, foodservice, and other services that include credit card processing, car washes, lottery, automated teller machines, money orders, prepaid phone cards, and wireless services. It also leases and subleases real estate properties; and operates terminal facilities on the Hawaiian Islands. As of December 31, 2020, the company operated 78 retail stores in Hawaii and New Jersey. Sunoco GP LLC serves as the general partner of the company. The company was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in October 2014. Sunoco LP was incorporated in 2012 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Sunoco LP has a trailing twelve months EPS of $4.67.
PE Ratio
Sunoco LP has a trailing twelve months price to earnings ratio of 9.47. Meaning, the purchaser of the share is investing $9.47 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 54.19%.
Sales Growth
Sunoco LP’s sales growth is negative 9.1% for the ongoing quarter and negative 31.9% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 47% and positive 7.5% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 5, 2023, the estimated forward annual dividend rate is 3.3 and the estimated forward annual dividend yield is 7.37%.
4. Snap (SNA)
34.96% Payout Ratio
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products. It also provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. The company serves the aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920 and is based in Kenosha, Wisconsin.
Earnings Per Share
As for profitability, Snap has a trailing twelve months EPS of $12.45.
PE Ratio
Snap has a trailing twelve months price to earnings ratio of 19.4. Meaning, the purchaser of the share is investing $19.4 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 21.45%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.1%, now sitting on 4.84B for the twelve trailing months.
Volume
Today’s last reported volume for Snap is 124650 which is 58.98% below its average volume of 303925.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 17, 2022, the estimated forward annual dividend rate is 6.48 and the estimated forward annual dividend yield is 2.58%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 3.2% and 2.1%, respectively.
5. SSR Mining (SSRM)
31.46% Payout Ratio
SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Denver, Colorado.
Earnings Per Share
As for profitability, SSR Mining has a trailing twelve months EPS of $0.9.
PE Ratio
SSR Mining has a trailing twelve months price to earnings ratio of 16.11. Meaning, the purchaser of the share is investing $16.11 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 5.15%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SSR Mining’s EBITDA is 2.32.
6. Sherwin (SHW)
31.09% Payout Ratio
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. As of February 17, 2022, it operated approximately 5,000 company-operated stores and facilities. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Sherwin has a trailing twelve months EPS of $7.74.
PE Ratio
Sherwin has a trailing twelve months price to earnings ratio of 27.82. Meaning, the purchaser of the share is investing $27.82 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 72.94%.
