(VIANEWS) – J.M. Smucker Company (SJM), Eaton Vance Tax (ETB), 3M Company (MMM) 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 issue them.
When investigating 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. J.M. Smucker Company (SJM)
41200% Payout Ratio
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, 9Lives, Kibbles ‘n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish and Nature's Recipe, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
Earnings Per Share
As for profitability, J.M. Smucker Company has a trailing twelve months EPS of $0.01.
PE Ratio
J.M. Smucker Company has a trailing twelve months price to earnings ratio of 13169. Meaning, the purchaser of the share is investing $13169 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 negative -0.18%.
Volume
Today’s last reported volume for J.M. Smucker Company is 1340920 which is 4.93% below its average volume of 1410490.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.1%, now sitting on 8.19B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 4.24 and the estimated forward annual dividend yield is 3.22%.
2. Eaton Vance Tax (ETB)
65.17% Payout Ratio
Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of large-cap companies. It also writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio. The fund benchmarks the performance of its portfolio against the S&P 500 Index. Eaton Vance Tax-Managed Buy-Write Income Fund was formed on April 29, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $1.81.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 7.38. Meaning, the purchaser of the share is investing $7.38 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 13.06%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.2%, now sitting on 7.32M for the twelve trailing months.
Volume
Today’s last reported volume for Eaton Vance Tax is 82081 which is 10.91% above its average volume of 74003.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $13.35 at 01:23 EST, under its 52-week high of $14.08 and way higher than its 52-week low of $11.59.
Moving Average
Eaton Vance Tax’s worth is higher than its 50-day moving average of $13.05 and higher than its 200-day moving average of $13.07.
3. 3M Company (MMM)
61.67% Payout Ratio
3M Company provides diversified technology services in the United States and internationally. The company operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment/bonding products, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; semiconductor production materials; data centers solutions; and reflective signage for highway, and vehicle safety. The Healthcare segment offers health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports, and consumer respirators; home cleaning products; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.
Earnings Per Share
As for profitability, 3M Company has a trailing twelve months EPS of $-12.63.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -71.08%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
3M Company’s EBITDA is -31.84.
4. Jack Henry & Associates (JKHY)
41.41% Payout Ratio
Jack Henry & Associates, Inc., a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions; core data processing solutions for various credit unions; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial services organizations and corporate entities. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. In addition, the company's core banking platform offerings include SilverLake system, a robust system primarily designed for commercial-focused banks; CIF 20/20, a parameter-driven, easy-to-use system for banks; and Core Director, a cost-efficient system with point-and-click operation, as well as core credit union platform under the Symitar name. Further, it provides digital products and services and electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; implementation, training, and support services; and software licensing and related services, professional services, and data centers. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.
Earnings Per Share
As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $4.95.
PE Ratio
Jack Henry & Associates has a trailing twelve months price to earnings ratio of 34.23. Meaning, the purchaser of the share is investing $34.23 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 23.18%.
Yearly Top and Bottom Value
Jack Henry & Associates’s stock is valued at $169.45 at 01:23 EST, below its 52-week high of $184.19 and way higher than its 52-week low of $136.57.
5. Albany International Corporation (AIN)
31.65% Payout Ratio
Albany International Corp. engages in the textile and materials processing businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in manufacturing papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries. This segment sells its products directly to end-user customers. The AEC segment designs, develops, and manufactures composite structures primarily to customers in the commercial and defense aerospace industries. The company operates in the United States, Switzerland, France, Brazil, China, Mexico, and internationally. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.
Earnings Per Share
As for profitability, Albany International Corporation has a trailing twelve months EPS of $3.16.
PE Ratio
Albany International Corporation has a trailing twelve months price to earnings ratio of 28.67. Meaning, the purchaser of the share is investing $28.67 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 11.4%.
Volume
Today’s last reported volume for Albany International Corporation is 72362 which is 48.97% below its average volume of 141813.
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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
