(VIANEWS) – Iron Mountain Incorporated (IRM), Waterstone Financial (WSBF), Hormel Foods (HRL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. Iron Mountain Incorporated (IRM)
145.76% 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 $1.7.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 30.94. Meaning, the purchaser of the share is investing $30.94 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 59.84%.
Sales Growth
Iron Mountain Incorporated’s sales growth is 13.3% for the current quarter and 5% for the next.
2. Waterstone Financial (WSBF)
89.89% Payout Ratio
Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates through two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, and insurance products, as well as trust and investment management accounts. The Mortgage Banking segment provides residential mortgage loans for the purpose of sale in the secondary market. It also provides transaction deposit, interest bearing transaction, demand deposit, and non-interest bearing demand accounts, as well as time deposits; secured and unsecured lines; commercial real estate construction loans; and term loans for working capital, inventory, and general corporate use. In addition, the company invests in a portfolio of securities, which include mortgage-backed securities, government-sponsored and private-label enterprise bonds, municipal obligations, and other debt securities. It operates 14 full-service banking offices, 1 drive-through office, and 14 automated teller machines located in Milwaukee, Washington, and Waukesha Counties, Wisconsin. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. Waterstone Financial, Inc. was founded in 1921 and is based in Wauwatosa, Wisconsin.
Earnings Per Share
As for profitability, Waterstone Financial has a trailing twelve months EPS of $3.98.
PE Ratio
Waterstone Financial has a trailing twelve months price to earnings ratio of 4.02. Meaning, the purchaser of the share is investing $4.02 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 4.85%.
Moving Average
Waterstone Financial’s worth is below its 50-day moving average of $16.67 and under its 200-day moving average of $17.00.
Revenue Growth
Year-on-year quarterly revenue growth declined by 43.4%, now sitting on 161.54M for the twelve trailing months.
3. Hormel Foods (HRL)
57.14% Payout Ratio
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Earnings Per Share
As for profitability, Hormel Foods has a trailing twelve months EPS of $1.62.
PE Ratio
Hormel Foods has a trailing twelve months price to earnings ratio of 25.04. Meaning, the purchaser of the share is investing $25.04 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 13.78%.
Previous days news about Hormel Foods (HRL)
- According to MarketWatch on Thursday, 2 March, "Shares of Hormel Foods Corp. took 5.1% hit toward a more than 15-month low in premarket trading Thursday, after the branded foods company, with brands including Planters, Skippy, Spam and Natural Choice, reported fiscal first-quarter results that missed expectations, citing inflationary pressures, supply chain inefficiencies and weak sales volumes. "
- According to Zacks on Thursday, 2 March, "Several other companies in the food space, like The Kraft Heinz Company (KHC Quick QuoteKHC – Free Report) , Hormel Foods Corporation (HRL Quick QuoteHRL – Free Report) and McCormick & Company, Incorporated (MKC Quick QuoteMKC – Free Report) , are benefiting from acquisitions."
- Hormel foods (hrl) Q1 earnings miss estimates, sales dip y/y. According to Zacks on Friday, 3 March, "Shares of Hormel Foods have slipped 9.8% in the past six months compared with the industry’s drop of 13.4%.", "Hormel Foods Corporation price-consensus-eps-surprise-chart | Hormel Foods Corporation Quote"
4. WVS Financial Corp. (WVFC)
55.56% Payout Ratio
WVS Financial Corp. operates as the bank holding company for West View Savings Bank that provides various banking products and services to individuals and businesses. The company accepts various deposit products, such as regular savings accounts, demand accounts, negotiable order of withdrawal accounts, money market deposit accounts, and certificates of deposit, as well as individual retirement account certificates. Its loan products include single-family and multi-family residential real estate loans; commercial real estate loans; construction loans; consumer loans, such as home equity loans, home equity lines of credit, loans secured by deposit accounts, and personal and education loans; commercial loans comprising loans secured by accounts receivable, marketable investment securities, business inventory and equipment, and related collaterals; and land acquisition and development loans. The company operates six offices in the North Hills suburbs of Pittsburgh, Pennsylvania. WVS Financial Corp. was founded in 1993 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, WVS Financial Corp. has a trailing twelve months EPS of $0.72.
PE Ratio
WVS Financial Corp. has a trailing twelve months price to earnings ratio of 19.11. Meaning, the purchaser of the share is investing $19.11 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 3.14%.
5. Brookline Bancorp (BRKL)
36.62% Payout Ratio
Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Brookline Bancorp has a trailing twelve months EPS of $1.4.
PE Ratio
Brookline Bancorp has a trailing twelve months price to earnings ratio of 9.35. Meaning, the purchaser of the share is investing $9.35 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 11.04%.
Sales Growth
Brookline Bancorp’s sales growth is 40.7% for the present quarter and 33.6% for the next.
