(VIANEWS) – Trinity Industries (TRN), Smith & Nephew (SNN), Himax Technologies (HIMX) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. Trinity Industries (TRN)
90.2% Payout Ratio
Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2021, it had a fleet of 106,970 owned or leased railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Trinity Industries has a trailing twelve months EPS of $1.02.
PE Ratio
Trinity Industries has a trailing twelve months price to earnings ratio of 26.09. Meaning, the purchaser of the share is investing $26.09 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 7.71%.
Sales Growth
Trinity Industries’s sales growth is 38.5% for the current quarter and 59% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 144.1%, now sitting on 1.98B for the twelve trailing months.
2. Smith & Nephew (SNN)
66.25% Payout Ratio
Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices worldwide. The company offers knee implant products for knee replacement procedures; hip implants for the reconstruction of hip joints; and trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures. It also provides sports medicine joint repair products for surgeons, including instruments, technologies, and implants necessary to perform minimally invasive surgery of the joints, such as the repair of soft tissue injuries and degenerative conditions of the knee, hip, and shoulder, as well as meniscal repair systems. In addition, the company offers arthroscopic enabling technologies comprising fluid management equipment for surgical access, high-definition cameras, digital image capture, scopes, light sources, and monitors to assist with visualization inside the joints, radio frequency, electromechanical and mechanical tissue resection devices, and hand instruments for removing damaged tissue; and ear, nose, and throat solutions. Further, it provides advanced wound care products for the treatment and prevention of acute and chronic wounds, which comprise leg, diabetic and pressure ulcers, burns, and post-operative wounds; advanced wound bioactives, including biologics and other bioactive technologies for debridement and dermal repair/regeneration, as well as regenerative medicine products including skin, bone graft, and articular cartilage substitutes; and advanced wound devices, such as traditional and single-use negative pressure wound therapy, and hydrosurgery systems. It primarily serves the healthcare providers. Smith & Nephew plc was founded in 1856 and is headquartered in Watford, the United Kingdom.
Earnings Per Share
As for profitability, Smith & Nephew has a trailing twelve months EPS of $1.02.
PE Ratio
Smith & Nephew has a trailing twelve months price to earnings ratio of 28.05. Meaning, the purchaser of the share is investing $28.05 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 9.25%.
Yearly Top and Bottom Value
Smith & Nephew’s stock is valued at $28.72 at 13:23 EST, way under its 52-week high of $36.14 and way higher than its 52-week low of $21.78.
Previous days news about Smith & Nephew (SNN)
- According to Zacks on Thursday, 9 March, "In January 2023, Smith & Nephew announced that its LEAF Patient Monitoring System has received an Innovative Technology designation from Vizient, Inc., the largest healthcare performance improvement company in the United States. "
3. Himax Technologies (HIMX)
64.83% Payout Ratio
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon micro-displays for augmented reality (AR) devices and head-up displays for automotive industry. In addition, it offers complementary metal oxide semiconductor image sensors and wafer level optics for AR devices, 3D sensing, machine vision, and ultra-low power smart sensing, which are used in various applications, such as mobile phone, tablet, laptop, TV, PC camera, automobile, security, medical devices, home appliance, and Internet of Things. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers. Himax Technologies, Inc. was founded in 2001 and is headquartered in Tainan City, Taiwan.
Earnings Per Share
As for profitability, Himax Technologies has a trailing twelve months EPS of $0.27.
PE Ratio
Himax Technologies has a trailing twelve months price to earnings ratio of 28.13. Meaning, the purchaser of the share is investing $28.13 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 42.4%.
Volume
Today’s last reported volume for Himax Technologies is 558831 which is 46.28% below its average volume of 1040280.
Sales Growth
Himax Technologies’s sales growth is negative 46.9% for the present quarter and negative 44.5% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 28, 2022, the estimated forward annual dividend rate is 1.25 and the estimated forward annual dividend yield is 15.38%.
Yearly Top and Bottom Value
Himax Technologies’s stock is valued at $7.68 at 13:23 EST, way below its 52-week high of $12.36 and way higher than its 52-week low of $4.81.
4. Assurant (AIZ)
54.26% Payout Ratio
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed. The Global Lifestyle segment provides mobile device protection products and services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection and related services; and credit and other insurance services. The Global Housing segment offers lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other specialty products. The Global Preneed segment provides pre-funded funeral insurance, final need insurance, and related services. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Assurant has a trailing twelve months EPS of $5.06.
PE Ratio
Assurant has a trailing twelve months price to earnings ratio of 24.12. Meaning, the purchaser of the share is investing $24.12 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 5.71%.
Yearly Top and Bottom Value
Assurant’s stock is valued at $122.06 at 13:23 EST, way under its 52-week high of $194.12 and higher than its 52-week low of $119.01.
Sales Growth
Assurant’s sales growth is 4.7% for the current quarter and 5.3% for the next.
Moving Average
Assurant’s value is under its 50-day moving average of $128.77 and way under its 200-day moving average of $147.94.
