(VIANEWS) – J & J Snack Foods Corp. (JJSF), Avista Corporation (AVA), Foot Locker (FL) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio so far. 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. J & J Snack Foods Corp. (JJSF)
113.4% Payout Ratio
J & J Snack Foods Corp. manufactures, markets, and distributes various nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR. TWISTER, SOFT PRETZEL BITES, SOFTSTIX, SOFT PRETZEL BUNS, TEXAS TWIST, BAVARIAN BAKERY, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, KIM & SCOTT'S GOURMET PRETZELS, SERIOUSLY TWISTED!, BRAUHAUS, AUNTIE ANNE'S, and LABRIOLA, as well as under the private labels. It also provides frozen juice treats and desserts under the LUIGI'S, WHOLE FRUIT, PHILLY SWIRL, SOUR PATCH, ICEE, and MINUTE MAID brands; churros under the TIO PEPE'S and CALIFORNIA CHURROS brands; and dough enrobed handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands. In addition, the company offers bakery products, including biscuits, fig and fruit bars, cookies, breads, rolls, crumb, muffins, and donuts under the MRS. GOODCOOKIE, READI-BAKE, COUNTRY HOME, MARY B'S, DADDY RAY'S, and HILL & VALLEY brands, as well as under private labels; and frozen beverages under the ICEE, SLUSH PUPPIE, and PARROT ICE brands. J & J Snack Foods Corp. sells its products through a network of food brokers, independent sales distributors, and direct sales force. The company was founded in 1971 and is headquartered in Pennsauken, New Jersey.
Earnings Per Share
As for profitability, J & J Snack Foods Corp. has a trailing twelve months EPS of $2.41.
PE Ratio
J & J Snack Foods Corp. has a trailing twelve months price to earnings ratio of 67.51. Meaning, the purchaser of the share is investing $67.51 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 5.43%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 63.4% and 48.6%, respectively.
Moving Average
J & J Snack Foods Corp.’s value is above its 50-day moving average of $148.20 and way higher than its 200-day moving average of $146.67.
Volume
Today’s last reported volume for J & J Snack Foods Corp. is 8300 which is 88.83% below its average volume of 74335.
Sales Growth
J & J Snack Foods Corp.’s sales growth is 16.5% for the ongoing quarter and 8.9% for the next.
2. Avista Corporation (AVA)
95.7% Payout Ratio
Avista Corporation operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to 17,000 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydro, thermal, and wind facilities. As of February 24, 2021, it provided electric service to 400,000 customers and natural gas to 367,000 customers. In addition, the company engages in the venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.
Earnings Per Share
As for profitability, Avista Corporation has a trailing twelve months EPS of $1.83.
PE Ratio
Avista Corporation has a trailing twelve months price to earnings ratio of 23.23. Meaning, the purchaser of the share is investing $23.23 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 5.99%.
3. Foot Locker (FL)
44.2% Payout Ratio
Foot Locker, Inc., through its subsidiaries, operates as an athletic footwear and apparel retailer. The company engages in the retail of athletic footwear, apparel, accessories, equipment, and team licensed merchandise under the Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, Footaction, and Sidestep brand names. As of January 29, 2022, it operated 2,858 retail stores in 28 countries across the United States, Canada, Europe, Australia, New Zealand, and Asia; and 142 franchised Foot Locker stores located in the Middle East and Asia. The company also offers its products through various e-commerce sites and mobile apps. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Foot Locker has a trailing twelve months EPS of $2.63.
PE Ratio
Foot Locker has a trailing twelve months price to earnings ratio of 11.49. Meaning, the purchaser of the share is investing $11.49 for every dollar of annual earnings.
Moving Average
Foot Locker’s worth is way below its 50-day moving average of $40.35 and way under its 200-day moving average of $37.80.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Foot Locker’s EBITDA is 68.49.
4. Crescent Point Energy Corporation Ordinary Shares (CPG)
33.85% Payout Ratio
Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil and natural gas reserves in Western Canada and the United States. The company's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Crescent Point Energy Corporation Ordinary Shares has a trailing twelve months EPS of $0.71.
PE Ratio
Crescent Point Energy Corporation Ordinary Shares has a trailing twelve months price to earnings ratio of 9.51. Meaning, the purchaser of the share is investing $9.51 for every dollar of annual earnings.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 4.45%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Crescent Point Energy Corporation Ordinary Shares’s EBITDA is 1.2.
5. Stantec (STN)
30.5% Payout Ratio
Stantec Inc. provides e professional services in the areas of infrastructure and facilities to the public and private sectors clients in Canada, the United States, and internationally. The company provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics. It also offers planning and design consulting services to clients in residential, logistics, retail, infrastructure, energy, higher education, and urban regeneration sectors; architectural and interior design, and planning services in the science and technology, commercial workplace, higher education, residential, and hospitality markets. In addition, it provides transportation planning and engineering services; project delivery consultancy services for mining, resources, and industrial infrastructure projects; and paleontological and archaeological services for the rail, transportation, water, and power and energy sectors. Further, the company offers environmental and cultural resource compliance services, as well as serves science and technology, commercial workplace, higher education, residential, and hospitality markets. Additionally, it is involved in the design, development, and delivery of sustainable projects; and design, construction administration, commissioning, maintenance, decommissioning, and remediation activities. The company was formerly known as Stanley Technology Group Inc. and changed its name to Stantec Inc. in October 1998. Stantec Inc. was founded in 1954 and is headquartered in Edmonton, Canada.
Earnings Per Share
As for profitability, Stantec has a trailing twelve months EPS of $1.79.
PE Ratio
Stantec has a trailing twelve months price to earnings ratio of 32.74. Meaning, the purchaser of the share is investing $32.74 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 12.36%.
