(VIANEWS) – Johnson Outdoors (JOUT), Avista Corporation (AVA), MidWestOne Financial Group (MOFG) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 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. Johnson Outdoors (JOUT)
272.34% Payout Ratio
Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing. This segment sells its products under the Minn Kota, Humminbird, and Cannon brands through outdoor specialty and Internet retailers, retail store chains, original equipment manufacturers, and distributors. The Camping segment provides consumer, commercial, and military tents and accessories; camping stoves; other recreational camping products; and portable outdoor cooking systems. This segment sells its products under the Eureka! and Jetboil brands through specialty stores, sporting goods stores, internet retailers, and direct to consumers. The Watercraft Recreation segment offers kayaks, canoes, and paddles for family recreation, touring, angling, and tripping through independent specialty and outdoor retailers under Old Town and Carlisle brands. The Diving segment manufactures and markets underwater diving and snorkeling equipment, such as regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels, and accessories through independent specialty dive stores and diving magazines under the SCUBAPRO brand name. This segment also provides regular maintenance, product repair, diving education, and travel program services; and sells diving gear to dive training centers, resorts, and public safety units. It sells its products through websites. The company was founded in 1970 and is headquartered in Racine, Wisconsin.
Earnings Per Share
As for profitability, Johnson Outdoors has a trailing twelve months EPS of $0.47.
PE Ratio
Johnson Outdoors has a trailing twelve months price to earnings ratio of 70.53. Meaning, the purchaser of the share is investing $70.53 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 0.97%.
Yearly Top and Bottom Value
Johnson Outdoors’s stock is valued at $33.15 at 14:23 EST, way under its 52-week high of $60.58 and higher than its 52-week low of $32.90.
Moving Average
Johnson Outdoors’s value is below its 50-day moving average of $36.19 and way below its 200-day moving average of $45.18.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 60.4% and positive 98.1% for the next.
2. Avista Corporation (AVA)
76.65% 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 $2.42.
PE Ratio
Avista Corporation has a trailing twelve months price to earnings ratio of 14.13. Meaning, the purchaser of the share is investing $14.13 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 7.66%.
Moving Average
Avista Corporation’s worth is under its 50-day moving average of $36.08 and below its 200-day moving average of $34.51.
Sales Growth
Avista Corporation’s sales growth is 4.5% for the ongoing quarter and 2.2% for the next.
3. MidWestOne Financial Group (MOFG)
66.9% Payout Ratio
MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers deposit products, such as noninterest bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and industrial, commercial and residential real estate, agricultural, and credit card loans, as well as consumer loans, such as personal and automobile loans. In addition, it offers various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, investment advisory, retail securities brokerage, financial planning, securities trading, mutual funds sales, fixed and variable annuities and tax-exempt, conventional unit trusts, and custodial services. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online and mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of 56 banking offices located in central and eastern Iowa, the Minneapolis/St. Paul metropolitan area of Minnesota, southwestern Wisconsin, southwestern Florida, and Denver, Colorado. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.
Earnings Per Share
As for profitability, MidWestOne Financial Group has a trailing twelve months EPS of $1.45.
PE Ratio
MidWestOne Financial Group has a trailing twelve months price to earnings ratio of 15.63. Meaning, the purchaser of the share is investing $15.63 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 4.42%.
Sales Growth
MidWestOne Financial Group’s sales growth for the current quarter is 1.1%.
Moving Average
MidWestOne Financial Group’s value is higher than its 50-day moving average of $21.26 and higher than its 200-day moving average of $22.33.
4. Nuveen California Municipal Value Fund (NCA)
65.66% Payout Ratio
Nuveen California Municipal Value Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal and California income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P California Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen California Municipal Value Fund was formed on October 7, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen California Municipal Value Fund has a trailing twelve months EPS of $0.53.
PE Ratio
Nuveen California Municipal Value Fund has a trailing twelve months price to earnings ratio of 16.38. Meaning, the purchaser of the share is investing $16.38 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 5.69%.
Yearly Top and Bottom Value
Nuveen California Municipal Value Fund’s stock is valued at $8.68 at 14:23 EST, under its 52-week high of $9.09 and way higher than its 52-week low of $7.77.
Moving Average
Nuveen California Municipal Value Fund’s worth is higher than its 50-day moving average of $8.67 and above its 200-day moving average of $8.64.
Volume
Today’s last reported volume for Nuveen California Municipal Value Fund is 25676 which is 58.95% below its average volume of 62563.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.6%, now sitting on 13.18M for the twelve trailing months.
5. CSG Systems International (CSGS)
51.82% Payout Ratio
CSG Systems International, Inc. provides revenue management, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers Advanced Convergent Platform, a private cloud-based platform; related customer communications management solutions, including field force automation, analytics, electronic bill presentment, ACH, etc. for processing voice, SMS/text, print, and e-mail messages; and cloud-based integrated suite of solutions for range of industries. The company also provides managed services; and professional services to implement, configure, and maintain its solutions, as well as licenses various solutions, such as mediation, partner management, rating, and charging. It serves financial services, healthcare, media and entertainment companies, and government markets. The company was incorporated in 1994 and is headquartered in Greenwood Village, Colorado.
Earnings Per Share
As for profitability, CSG Systems International has a trailing twelve months EPS of $2.2.
PE Ratio
CSG Systems International has a trailing twelve months price to earnings ratio of 18.3. Meaning, the purchaser of the share is investing $18.3 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 20.32%.
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%.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
