(VIANEWS) – Healthcare Realty Trust Incorporated (HR), Mesabi Trust (MSB), Agree Realty Corporation (ADC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 issue them.
When researching 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. Healthcare Realty Trust Incorporated (HR)
251.53% Payout Ratio
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion. The Company provided leasing and property management services to 11.9 million square feet nationwide.
Earnings Per Share
As for profitability, Healthcare Realty Trust Incorporated has a trailing twelve months EPS of $0.49.
PE Ratio
Healthcare Realty Trust Incorporated has a trailing twelve months price to earnings ratio of 39.73. Meaning, the purchaser of the share is investing $39.73 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 0.82%.
Yearly Top and Bottom Value
Healthcare Realty Trust Incorporated’s stock is valued at $19.47 at 14:23 EST, way under its 52-week high of $31.77 and above its 52-week low of $18.00.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 139.3% and a negative 375%, respectively.
2. Mesabi Trust (MSB)
184.86% Payout Ratio
Mesabi Trust, a royalty trust, engages in the iron ore mining business in the United States. The company was founded in 1961 and is based in New York, New York.
Earnings Per Share
As for profitability, Mesabi Trust has a trailing twelve months EPS of $1.96.
PE Ratio
Mesabi Trust has a trailing twelve months price to earnings ratio of 12.92. Meaning, the purchaser of the share is investing $12.92 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 101.51%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 27, 2022, the estimated forward annual dividend rate is 5.05 and the estimated forward annual dividend yield is 19.94%.
3. Agree Realty Corporation (ADC)
153.28% Payout Ratio
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.83.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 36.1. Meaning, the purchaser of the share is investing $36.1 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 3.8%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 8.3% and a negative 4.4%, respectively.
4. Iron Mountain Incorporated (IRM)
130.21% Payout Ratio
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $1.9.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 27.77. Meaning, the purchaser of the share is investing $27.77 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 67.67%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 5.1B for the twelve trailing months.
5. Community Trust Bancorp (CTBI)
36.68% Payout Ratio
Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that provides commercial and personal banking services to small and mid-sized communities. The company accepts time and demand deposits, checking accounts, savings accounts and savings certificates, individual retirement accounts and Keogh plans, and money market accounts. Its loan products include commercial, construction, mortgage, and personal loans; lease-financing, lines of credit, revolving lines of credit, and term loans, as well as other specialized loans, including asset-based financing; residential and commercial real estate loans; and consumer loans. The company also provides cash management, safe deposit boxes rental, and funds transfer services; issues letters of credit; and acts as a trustee of personal trusts, executor of estates, trustee for employee benefit trusts, and paying agent for bond and stock issues, as well as an investment agent and depositor for securities. In addition, it offers securities brokerage, and trust and wealth management services; debit cards; annuity and life insurance products; and repurchase agreements, as well as mobile, telephone, and internet banking services. The company operates seventy-nine banking locations in eastern, northeastern, central, south central Kentucky, southern West Virginia, and northeastern Tennessee; four trust offices across Kentucky; and one trust office in northeastern Tennessee. Community Trust Bancorp, Inc. was founded in 1903 and is headquartered in Pikeville, Kentucky.
Earnings Per Share
As for profitability, Community Trust Bancorp has a trailing twelve months EPS of $4.58.
PE Ratio
Community Trust Bancorp has a trailing twelve months price to earnings ratio of 7.93. Meaning, the purchaser of the share is investing $7.93 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 12.34%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 13, 2023, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 4.9%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.4%, now sitting on 219.26M for the twelve trailing months.
Yearly Top and Bottom Value
Community Trust Bancorp’s stock is valued at $36.33 at 14:23 EST, way below its 52-week high of $48.05 and higher than its 52-week low of $35.55.
6. Selective Insurance Group (SIGI)
32.2% Payout Ratio
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Earnings Per Share
As for profitability, Selective Insurance Group has a trailing twelve months EPS of $3.54.
PE Ratio
Selective Insurance Group has a trailing twelve months price to earnings ratio of 27.34. Meaning, the purchaser of the share is investing $27.34 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 8.16%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 12.8% and 23.1%, respectively.
