(VIANEWS) – Heartland Financial USA (HTLF), MSC Industrial Direct Company (MSM), Invesco Trust for Investment Grade Municipals (VGM) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio as yet. 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 distribute 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. Heartland Financial USA (HTLF)
85.11% Payout Ratio
Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. It also accepts various deposit products, including checking and other demand deposit accounts; NOW, savings, money market, individual retirement; certificates of deposit; and other time deposits. The company offers commercial and industrial loans; commercial real estate loans; real estate mortgage loans; small business loans; agricultural loans; consumer loans comprising motor vehicle and home improvement loans, home equity line of credit, and fixed rate home equity and personal lines of credit; and credit cards for commercial, business, and personal use. In addition, it provides online banking, mobile banking, telephone banking, bill payment, automated clearing house, wire transfer, zero balance account, transaction reporting, lock box, remote deposit capture, accounts receivable, investment sweep account, reconciliation, treasury management, wealth management, trust, foreign exchange, and various fraud prevention services, such as check and electronic positive pay, as well as commercial purchasing and merchant credit cards, debit cards, and automated teller machines. Further, the company offers investment services, such as mutual funds, annuities, retirement products, education savings products, and brokerage services. Additionally, it is involved in the community development, consumer finance, multi-line insurance agency, and property management businesses. The company operates in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas, and California. Heartland Financial USA, Inc. was founded in 1981 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, Heartland Financial USA has a trailing twelve months EPS of $1.41.
PE Ratio
Heartland Financial USA has a trailing twelve months price to earnings ratio of 36.07. Meaning, the purchaser of the share is investing $36.07 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 3.56%.
2. MSC Industrial Direct Company (MSM)
63.81% Payout Ratio
MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, and the United Kingdom. Its MRO products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. The company offers approximately 2.1 million stock-keeping units through its catalogs and brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and customer care centers, customer fulfillment centers, regional inventory centers, and warehouses. It operates through a distribution network of 6 customer fulfilment centers, 10 regional inventory centers, and 38 warehouses. The company serves individual machine shops, Fortune 1000 manufacturing companies, and government agencies, as well as manufacturers of various sizes. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.
Earnings Per Share
As for profitability, MSC Industrial Direct Company has a trailing twelve months EPS of $5.14.
PE Ratio
MSC Industrial Direct Company has a trailing twelve months price to earnings ratio of 15.73. Meaning, the purchaser of the share is investing $15.73 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 19.85%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 34.1% and a negative 20.8%, respectively.
Moving Average
MSC Industrial Direct Company’s worth is under its 50-day moving average of $82.08 and way below its 200-day moving average of $92.98.
Sales Growth
MSC Industrial Direct Company’s sales growth is negative 7.2% for the present quarter and negative 2.7% for the next.
3. Invesco Trust for Investment Grade Municipals (VGM)
49.32% Payout Ratio
Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals was formed on January 24, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Trust for Investment Grade Municipals has a trailing twelve months EPS of $0.87.
PE Ratio
Invesco Trust for Investment Grade Municipals has a trailing twelve months price to earnings ratio of 11.99. Meaning, the purchaser of the share is investing $11.99 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 7.8%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 16, 2024, the estimated forward annual dividend rate is 0.78 and the estimated forward annual dividend yield is 7.43%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.2%, now sitting on 43.42M for the twelve trailing months.
Yearly Top and Bottom Value
Invesco Trust for Investment Grade Municipals’s stock is valued at $10.43 at 02:23 EST, below its 52-week high of $10.52 and way higher than its 52-week low of $8.15.
Volume
Today’s last reported volume for Invesco Trust for Investment Grade Municipals is 101705 which is 24.79% below its average volume of 135243.
4. Vaalco Energy (EGY)
41.67% Payout Ratio
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.6.
PE Ratio
Vaalco Energy has a trailing twelve months price to earnings ratio of 10.78. Meaning, the purchaser of the share is investing $10.78 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 13.92%.
5. BOK Financial Corporation (BOKF)
30.63% Payout Ratio
BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management. The Commercial Banking segment offers lending, treasury, cash management, and customer commodity risk management products for small businesses, middle market, and larger commercial customers, as well as operates TransFund electronic funds transfer network. The Consumer Banking segment provides lending and deposit services to small business customers through consumer branch network; and engages in the mortgage loan origination and servicing activities. The Wealth Management segment offers fiduciary, private bank, insurance, and investment advisory services; and brokerage and trading services primarily related to providing liquidity to the mortgage markets through trading of U.S. government agency mortgage-backed securities and related derivative contracts, as well as underwrites state and municipal securities. The company also provides commercial loans, such as loans for working capital, facilities acquisition or expansion, purchases of equipment, and other needs of commercial customers; and service, healthcare, manufacturing, wholesale/retail, energy, and other sector loans. In addition, it offers commercial real estate loans for the construction of buildings or other enhancements to real estate and property held by borrowers for investment purposes; and residential mortgage and personal loans. Further, the company provides automated teller machine (ATM), call center, and Internet and mobile banking services. As of December 31, 2021, it operated 2,593 TransFund ATM locations. The company was founded in 1910 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, BOK Financial Corporation has a trailing twelve months EPS of $7.15.
PE Ratio
BOK Financial Corporation 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 9.2%.
Moving Average
BOK Financial Corporation’s worth is higher than its 50-day moving average of $94.43 and way above its 200-day moving average of $86.19.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.5%, now sitting on 1.98B for the twelve trailing months.
Volume
Today’s last reported volume for BOK Financial Corporation is 101605 which is 34.53% below its average volume of 155212.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
