(VIANEWS) – Hanover Insurance Group (THG), Golden Ocean Group Limited (GOGL), Delek US Holdings (DK) are the highest payout ratio stocks on this list.
We have congregated information regarding 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 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. Hanover Insurance Group (THG)
353.46% 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 four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty P&C, such as program business, specialty industrial and commercial property, excess and surplus lines, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. 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 $0.93.
PE Ratio
Hanover Insurance Group has a trailing twelve months price to earnings ratio of 143.39. Meaning, the purchaser of the share is investing $143.39 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 1.4%.
Yearly Top and Bottom Value
Hanover Insurance Group’s stock is valued at $133.35 at 19:23 EST, under its 52-week high of $144.26 and way above its 52-week low of $103.83.
Sales Growth
Hanover Insurance Group’s sales growth is 3.1% for the ongoing quarter and 3.6% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1984.6% and 192.7%, respectively.
2. Golden Ocean Group Limited (GOGL)
122.95% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $0.61.
PE Ratio
Golden Ocean Group Limited has a trailing twelve months price to earnings ratio of 17.48. Meaning, the purchaser of the share is investing $17.48 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 6.46%.
Moving Average
Golden Ocean Group Limited’s value is way above its 50-day moving average of $9.65 and way above its 200-day moving average of $8.24.
Sales Growth
Golden Ocean Group Limited’s sales growth is 7% for the current quarter and 34.8% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 4, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 4.8%.
3. Delek US Holdings (DK)
77.16% Payout Ratio
Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates in three segments: Refining, Logistics, and Retail. The Refining segment processes crude oil and other purchased feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal. It owns and operates four independent refineries located in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana, as well as three biodiesel facilities in Crossett, Arkansas, Cleburne, Texas, and New Albany. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. It owns or leases capacity on approximately 400 miles of crude oil transportation pipe, and lines, approximately 450 miles of refined product pipelines, an approximately 900-mile crude oil gathering system, and associated crude oil storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity; and owns and operates nine light product distribution terminals, as well as markets light products using third-party terminals. The Retail segment owns and leases 253 convenience store sites located primarily in Texas and New Mexico. Its convenience stores offer various grades of gasoline and diesel under the DK or Alon brand; and food products and service, tobacco products, non-alcoholic and alcoholic beverages, and general merchandise, as well as money orders to the public primarily under the 7-Eleven and DK or Alon brand names. It serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, the U.S. government, and independent retail fuel operators. Delek US Holdings, Inc. was founded in 2001 and is headquartered in Brentwood, Tennessee.
Earnings Per Share
As for profitability, Delek US Holdings has a trailing twelve months EPS of $1.16.
PE Ratio
Delek US Holdings has a trailing twelve months price to earnings ratio of 24.51. Meaning, the purchaser of the share is investing $24.51 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 7.96%.
Yearly Top and Bottom Value
Delek US Holdings’s stock is valued at $28.43 at 19:23 EST, under its 52-week high of $31.22 and way above its 52-week low of $19.39.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 10, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 3.38%.
Previous days news about Delek US Holdings (DK)
- According to Zacks on Tuesday, 20 February, "One other stock from the same industry, Delek US Holdings (DK Quick QuoteDK – Free Report) , is yet to report results for the quarter ended December 2023. "
4. Ericsson (ERIC)
71.99% Payout Ratio
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Cloud Software and Services, Enterprise, and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides active antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and network managed services. The Enterprise segment offers global communications platform including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprise private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.
Earnings Per Share
As for profitability, Ericsson has a trailing twelve months EPS of $-0.76.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -22.63%.
Previous days news about Ericsson (ERIC)
- Ericsson (eric) subsidiary cradlepoint launches x10 5g router. According to Zacks on Tuesday, 20 February, "Cradlepoint, a wholly owned subsidiary of Ericsson (ERIC Quick QuoteERIC – Free Report) , introduced the X10 5G router, a comprehensive fixed wireless access (FWA) service solution designed for remote workers, small and medium-sized businesses and temporary sites. ", "According to an Ericsson study, 5G will take up almost 80 percent of total FWA connections by 2028. "
- According to Zacks on Wednesday, 21 February, "Headquartered in New Jersey, Vonage became a wholly-owned subsidiary of Ericsson in 2022. "
5. Sociedad Quimica y Minera S.A. (SQM)
66.5% Payout Ratio
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, pharmaceutical synthesis, electronics, pigments, and dye components. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives, as well as ingredient in manufacturing of gunpowder. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. Additionally, it offers potassium chloride and potassium sulfate for various crops, including corn, rice, sugar, soybean, and wheat; industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts; and other fertilizers and blends. The company operates in Chile, Latin America and the Caribbean, Europe, North America, Asia, and internationally. Sociedad Química y Minera de Chile S.A. was incorporated in 1968 and is headquartered in Santiago, Chile.
Earnings Per Share
As for profitability, Sociedad Quimica y Minera S.A. has a trailing twelve months EPS of $10.36.
PE Ratio
Sociedad Quimica y Minera S.A. has a trailing twelve months price to earnings ratio of 3.82. Meaning, the purchaser of the share is investing $3.82 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 59.76%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 68.2% and a negative 46.8%, respectively.
Volume
Today’s last reported volume for Sociedad Quimica y Minera S.A. is 1954830 which is 13.83% above its average volume of 1717320.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Sociedad Quimica y Minera S.A.’s EBITDA is 24.42.
Revenue Growth
Year-on-year quarterly revenue growth declined by 37.8%, now sitting on 9.29B for the twelve trailing months.
6. Mannatech (MTEX)
35.56% Payout Ratio
Mannatech, Incorporated operates as a health and wellness company worldwide. It develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management products. The company primarily sells its products directly, as well as through network marketing channels and a website. Mannatech, Incorporated was founded in 1993 and is headquartered in Flower Mound, Texas.
Earnings Per Share
As for profitability, Mannatech has a trailing twelve months EPS of $-3.66.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -47.71%.
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%.
