(VIANEWS) – Park Electrochemical Corporation (PKE), Universal Corporation (UVV), Helmerich & Payne (HP) 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 issue 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. Park Electrochemical Corporation (PKE)
105.26% Payout Ratio
Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market. It offers advanced composite materials, including film adhesives and lightning strike materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also offers specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was founded in 1954 and is based in Westbury, New York.
Earnings Per Share
As for profitability, Park Electrochemical Corporation has a trailing twelve months EPS of $0.38.
PE Ratio
Park Electrochemical Corporation has a trailing twelve months price to earnings ratio of 34.58. Meaning, the purchaser of the share is investing $34.58 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 5.9%.
Yearly Top and Bottom Value
Park Electrochemical Corporation’s stock is valued at $13.14 at 14:23 EST, way below its 52-week high of $16.92 and way above its 52-week low of $10.08.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Park Electrochemical Corporation’s EBITDA is 52.2.
Moving Average
Park Electrochemical Corporation’s worth is under its 50-day moving average of $14.30 and higher than its 200-day moving average of $12.64.
2. Universal Corporation (UVV)
102.08% Payout Ratio
Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations and Ingredients Operations. It is involved in procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, natural wrapped cigars and cigarillos, smokeless, and pipe tobacco products. It also provides value-added services, including blending, chemical, and physical testing of tobacco; service cutting for various manufacturers; manufacturing reconstituted leaf tobacco; just-in-time inventory management services; electronic nicotine delivery systems; and smoke testing services for customers. In addition, the company offers testing services for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors; and analytical services that include chemical compound testing in finished tobacco products and mainstream smoke. Further, it provides a various value-added manufacturing processes to produce specialty vegetable and fruit-based ingredients for the food and beverage end markets, as well as provides water pipe style leaf tobacco; and recycles waste materials from tobacco production. The company was founded in 1886 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Universal Corporation has a trailing twelve months EPS of $3.86.
PE Ratio
Universal Corporation has a trailing twelve months price to earnings ratio of 13.7. Meaning, the purchaser of the share is investing $13.7 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 7.78%.
Yearly Top and Bottom Value
Universal Corporation’s stock is valued at $52.89 at 14:23 EST, way below its 52-week high of $64.13 and way above its 52-week low of $43.64.
Moving Average
Universal Corporation’s value is higher than its 50-day moving average of $52.35 and above its 200-day moving average of $52.67.
3. Helmerich & Payne (HP)
86.36% Payout Ratio
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Helmerich & Payne has a trailing twelve months EPS of $1.43.
PE Ratio
Helmerich & Payne has a trailing twelve months price to earnings ratio of 25.69. Meaning, the purchaser of the share is investing $25.69 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 5.59%.
Volume
Today’s last reported volume for Helmerich & Payne is 1610500 which is 9.95% above its average volume of 1464670.
Sales Growth
Helmerich & Payne’s sales growth is 60.9% for the current quarter and 42.8% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 75.6%, now sitting on 2.37B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Helmerich & Payne’s EBITDA is 1.59.
4. National Oilwell Varco (NOV)
51.28% Payout Ratio
National Oilwell Varco, Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. It operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The company offers various equipment and technologies used to perform drilling operations. It also provides solids control and waste management equipment and services; drilling fluids; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation, and measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including pressure pumping trucks, blenders, sanders, hydration units, injection units, flowline, and manifolds; well intervention, such as coiled tubing units, coiled tubing, and wireline units, as well as blowout preventers and tools; onshore production comprising fluid processing systems, composite pipes, surface transfer and progressive cavity pumps, and artificial lift systems; offshore production that include fluid processing systems, floating production systems, and subsea production technologies; and connectors for conductor pipes. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; blowout preventers; drives and generators; rig instrumentation and control systems; equipment components for offshore wind construction vessels; mooring, anchor, and deck handling machinery; and pipelay and construction systems. The company offers spare parts, repair, and rentals, as well as remote equipment monitoring, technical support, field service, and customer training services. National Oilwell Varco, Inc. was founded in 1862 and is based in Houston, Texas.
Earnings Per Share
As for profitability, National Oilwell Varco has a trailing twelve months EPS of $0.39.
PE Ratio
National Oilwell Varco has a trailing twelve months price to earnings ratio of 47.26. Meaning, the purchaser of the share is investing $47.26 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 3.04%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
National Oilwell Varco’s EBITDA is 1.12.
Volume
Today’s last reported volume for National Oilwell Varco is 4749280 which is 16.41% above its average volume of 4079760.
Sales Growth
National Oilwell Varco’s sales growth is 26.4% for the current quarter and 18% for the next.
5. KBR (KBR)
43.93% Payout Ratio
KBR, Inc. provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Solutions, Technology Solutions, and Energy Solutions. The Government Solutions segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia. This segment's services cover from research and development, through systems engineering, test and evaluation, systems integration and program management, to operations support, maintenance, and field logistics. The Technology Solutions segment provides proprietary technologies, equipment and catalyst supply, digital solutions and associated knowledge-based services into a global business for refining, petrochemicals, inorganic, and specialty chemicals, as well as gasification, syngas, ammonia, nitric acid and fertilizers. The Energy Solutions segment offers life-cycle support solutions across the upstream, midstream, and downstream hydrocarbons markets; comprehensive project and program delivery solutions, as well as engineering services, front-end consulting and feasibility studies, sustaining capital construction, turnarounds, maintenance services, and others. This segment provides EPC, and consulting and engineering services for onshore oil and gas; LNG/GTL; oil refining; petrochemicals; chemicals; fertilizers; offshore oil and gas; and floating solutions. KBR, Inc. was founded in 1901 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, KBR has a trailing twelve months EPS of $0.55.
PE Ratio
KBR has a trailing twelve months price to earnings ratio of 95.12. Meaning, the purchaser of the share is investing $95.12 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 10.36%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.8%, now sitting on 7.46B for the twelve trailing months.
Yearly Top and Bottom Value
KBR’s stock is valued at $52.60 at 14:23 EST, under its 52-week high of $58.00 and way higher than its 52-week low of $41.96.
Moving Average
KBR’s worth is above its 50-day moving average of $52.49 and higher than its 200-day moving average of $50.12.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 15.9% and a negative 3.2%, respectively.
6. Cintas Corporation (CTAS)
34.17% Payout Ratio
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. It also offers first aid and safety services, and fire protection products and services. The company provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Cintas Corporation has a trailing twelve months EPS of $9.14.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 49.56. Meaning, the purchaser of the share is investing $49.56 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 36.77%.
Volume
Today’s last reported volume for Cintas Corporation is 151374 which is 56.43% below its average volume of 347441.
