(VIANEWS) – Highway Holdings Limited (HIHO), China Yuchai International Limited (CYD), Sysco Corporation (SYY) 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 guarantee 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. Highway Holdings Limited (HIHO)
162.5% Payout Ratio
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.
Earnings Per Share
As for profitability, Highway Holdings Limited has a trailing twelve months EPS of $0.164.
Highway Holdings Limited has a trailing twelve months price to earnings ratio of 13.9. Meaning,
the purchaser of the share is investing $13.9 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 6.72%.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 16.33%.
Year-on-year quarterly revenue growth declined by 9.5%, now sitting on 11.99M for the twelve trailing months.
Yearly Top and Bottom Value
Highway Holdings Limited’s stock is valued at $2.28 at 01:23 EST, way below its 52-week high of $3.38 and way above its 52-week low of $1.71.
Highway Holdings Limited’s worth is higher than its 50-day moving average of $2.26 and higher than its 200-day moving average of $2.22.
2. China Yuchai International Limited (CYD)
97.48% Payout Ratio
China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines in the People's Republic of China and internationally. It operates in two segments, Yuchai and HLGE. The company provides diesel engines comprising 4- and 6-cylinder diesel engines, high horsepower marine diesel engines, and power generator engines, as well as natural gas engines, diesel power generators, diesel engine parts, and remanufacturing services for light trucks, medium and heavy-duty trucks, buses and passenger vehicles, and marine and industrial applications; and generator sets, as well as plug in hybrid engines, range extenders, power generation powertrains, hybrid powertrains, integrated electric drive axel powertrains, and fuel cell systems. It also manufactures diesel engines for construction and agriculture applications, as well as supplies after-market parts and services. In addition, it engages in hospitality and property development activities. Further, the company designs, produces, and sells exhaust emission control systems. The company distributes its engines directly to auto original equipment manufacturers, agents, and retailers, as well as provides maintenance and retrofitting services. It has a strategic partnership with Sunlong Bus to develop electric vehicles. The company was founded in 1951 and is based in Singapore.
Earnings Per Share
As for profitability, China Yuchai International Limited has a trailing twelve months EPS of $2.07.
China Yuchai International Limited has a trailing twelve months price to earnings ratio of 4.39. Meaning,
the purchaser of the share is investing $4.39 for every dollar of annual earnings.
3. Sysco Corporation (SYY)
71.97% Payout Ratio
Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; dairy products; beverages; imported specialties; and fresh produce products. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which include pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of July 2, 2022, it operated 333 distribution facilities. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Sysco Corporation has a trailing twelve months EPS of $-0.66.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 90.53%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 19.3% and 47.4%, respectively.
Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 68.64B for the twelve trailing months.
As maintained by Morningstar, Inc., the next dividend payment is on Oct 5, 2022, the estimated forward annual dividend rate is 1.96 and the estimated forward annual dividend yield is 2.35%.
4. Inter Parfums (IPAR)
47.77% Payout Ratio
Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, Lanvin, Montblanc, Paul Smith, Repetto, Rochas, S.T. Dupont, Van Cleef & Arpels, Abercrombie & Fitch, Anna Sui, bebe, Dunhill, Hollister, French Connection, Graff, GUESS, Lily Aldridge, MCM, Bella Vita, and Oscar de la Renta brand names, as well as under the Intimate and Aziza names. It sells its products to department stores, specialty stores, duty free shops, beauty retailers, and domestic and international wholesalers, and distributors, as well as through e-commerce. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1982 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Inter Parfums has a trailing twelve months EPS of $1.21.
Inter Parfums has a trailing twelve months price to earnings ratio of 91.39. Meaning,
the purchaser of the share is investing $91.39 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 17.26%.