(VIANEWS) – Berkshire Hills Bancorp (BHLB), BlackRock Municipal Target Term Trust (BTT), HNI Corporation (HNI) are the highest payout ratio stocks on this list.
We have congregated information concerning 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 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. Berkshire Hills Bancorp (BHLB)
144% Payout Ratio
Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. Further, the company, through its subsidiary, Berkshire Insurance Group, Inc., provides personal and commercial property, and casualty insurance; employee benefits insurance; and life, health, and financial services insurance products. It serves personal, commercial, not- profit, and municipal deposit customers. As of December 31, 2020, the company operated 130 full-service branches in Massachusetts, New York, Connecticut, Vermont, Central New Jersey, and Eastern Pennsylvania. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Berkshire Hills Bancorp has a trailing twelve months EPS of $0.5.
PE Ratio
Berkshire Hills Bancorp has a trailing twelve months price to earnings ratio of 42.52. Meaning, the purchaser of the share is investing $42.52 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 2.17%.
Moving Average
Berkshire Hills Bancorp’s worth is below its 50-day moving average of $22.02 and below its 200-day moving average of $21.93.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 5.5% and positive 17.8% for the next.
2. BlackRock Municipal Target Term Trust (BTT)
109.96% Payout Ratio
Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. It was formerly known as BlackRock Municipal Target Term Trust. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Municipal Target Term Trust has a trailing twelve months EPS of $0.57.
PE Ratio
BlackRock Municipal Target Term Trust has a trailing twelve months price to earnings ratio of 36.32. Meaning, the purchaser of the share is investing $36.32 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 1.77%.
Yearly Top and Bottom Value
BlackRock Municipal Target Term Trust’s stock is valued at $20.70 at 14:23 EST, under its 52-week high of $21.64 and above its 52-week low of $18.90.
Moving Average
BlackRock Municipal Target Term Trust’s value is higher than its 50-day moving average of $20.58 and higher than its 200-day moving average of $20.51.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 84.67M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 2.69%.
3. HNI Corporation (HNI)
90.14% Payout Ratio
HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
Earnings Per Share
As for profitability, HNI Corporation has a trailing twelve months EPS of $1.42.
PE Ratio
HNI Corporation has a trailing twelve months price to earnings ratio of 30.53. Meaning, the purchaser of the share is investing $30.53 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 9.43%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 23, 2024, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 3.04%.
Yearly Top and Bottom Value
HNI Corporation’s stock is valued at $43.35 at 14:23 EST, below its 52-week high of $47.60 and way higher than its 52-week low of $26.36.
Moving Average
HNI Corporation’s value is under its 50-day moving average of $44.15 and above its 200-day moving average of $40.47.
4. Woori Bank (WF)
38.41% Payout Ratio
Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans. It also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions. In addition, the company provides credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds. Further, it is involved in the real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, asset securitization, investment and international banking, money transfer, and other service. Additionally, the company offers automated telephone, Internet, and mobile banking services; and trust management, trustee, and custodian service. Woori Financial Group Inc. was founded in 1899 and is headquartered in Seoul, South Korea.
Earnings Per Share
As for profitability, Woori Bank has a trailing twelve months EPS of $6.72.
PE Ratio
Woori Bank has a trailing twelve months price to earnings ratio of 4.63. Meaning, the purchaser of the share is investing $4.63 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 7.57%.
5. Helios Technologies (HLIO)
36.36% Payout Ratio
Helios Technologies, Inc., together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; quick release hydraulic coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers. This segment sells its products under the Sun Hydraulics, Faster, and Custom Fluidpower brands. The Electronics segment offers displays, controls, and instrumentation products for off-highway, recreational and commercial marine, power sports and specialty vehicles, agriculture and water pumping, power generation, health and wellness, and engine-driven industrial equipment markets. This segment sells its products under the Enovation Controls, Murphy, and Balboa Water Group brands. Helios Technologies, Inc. sells its hydraulic products primarily through value-add distributors, as well as directly to original equipment manufacturers; and electronic products to original equipment manufacturer customers. The company was formerly known as Sun Hydraulics Corporation and changed its name to Helios Technologies, Inc. in June 2019. Helios Technologies, Inc. was founded in 1970 and is headquartered in Sarasota, Florida.
Earnings Per Share
As for profitability, Helios Technologies has a trailing twelve months EPS of $0.99.
PE Ratio
Helios Technologies has a trailing twelve months price to earnings ratio of 47.68. Meaning, the purchaser of the share is investing $47.68 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 3.94%.
Volume
Today’s last reported volume for Helios Technologies is 139177 which is 26.9% below its average volume of 190409.
Yearly Top and Bottom Value
Helios Technologies’s stock is valued at $47.20 at 14:23 EST, way under its 52-week high of $67.31 and way higher than its 52-week low of $37.50.
Moving Average
Helios Technologies’s value is under its 50-day moving average of $47.67 and above its 200-day moving average of $46.95.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.6%, now sitting on 834.4M for the twelve trailing months.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
