(VIANEWS) – Kite Realty Group Trust (KRG), Crown Castle International (CCI), Novartis AG (NVS) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio as yet. 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 issue 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. Kite Realty Group Trust (KRG)
2275% Payout Ratio
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.
Earnings Per Share
As for profitability, Kite Realty Group Trust has a trailing twelve months EPS of $0.04.
PE Ratio
Kite Realty Group Trust has a trailing twelve months price to earnings ratio of 517.5. Meaning, the purchaser of the share is investing $517.5 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 0.26%.
2. Crown Castle International (CCI)
157.25% Payout Ratio
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 85,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them.
Earnings Per Share
As for profitability, Crown Castle International has a trailing twelve months EPS of $3.86.
PE Ratio
Crown Castle International has a trailing twelve months price to earnings ratio of 29.74. Meaning, the purchaser of the share is investing $29.74 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 21.92%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.8%, now sitting on 7.02B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 8.2% and a drop 9.3% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 6.26 and the estimated forward annual dividend yield is 5.42%.
Moving Average
Crown Castle International’s worth is below its 50-day moving average of $114.96 and way below its 200-day moving average of $131.52.
3. Novartis AG (NVS)
107.32% Payout Ratio
Novartis AG researches, develops, manufactures, and markets healthcare products in Switzerland and internationally. The company operates through two segments: Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and physicians. It also provides cardiovascular, ophthalmology, neuroscience, immunology, hematology, and solid tumor products. The Sandoz segment develops, manufactures, and markets finished dosage forms of small molecule pharmaceuticals to third parties. It also provides protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services; and anti-infectives, such as active pharmaceutical ingredients and intermediates primarily antibiotics. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.
Earnings Per Share
As for profitability, Novartis AG has a trailing twelve months EPS of $3.26.
PE Ratio
Novartis AG has a trailing twelve months price to earnings ratio of 29.73. Meaning, the purchaser of the share is investing $29.73 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 12.35%.
Sales Growth
Novartis AG’s sales growth is 1.3% for the present quarter and 4.2% for the next.
4. Deluxe Corporation (DLX)
89.55% Payout Ratio
Deluxe Corporation provides technology-enabled solutions to small businesses and financial institutions in the United States, Canada, Australia, South America, and Europe. It operates through four segments: Payments, Cloud Solutions, Promotional Solutions, and Checks. The company provides treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing, and paperless treasury management solutions, as well as payment exchange, and fraud and security services; web hosting and design services, data-driven marketing solutions and hosted solutions that comprise digital engagement, logo design, financial institution profitability reporting, and business incorporation services. It also offers business forms, accessories, advertising specialties, promotional apparel, retail packaging, and strategic sourcing services; and printed personal and business checks. The company was formerly known as Deluxe Check Printers, Incorporated and changed its name to Deluxe Corporation in 1988. Deluxe Corporation was founded in 1915 and is headquartered in Shoreview, Minnesota.
Earnings Per Share
As for profitability, Deluxe Corporation has a trailing twelve months EPS of $1.34.
PE Ratio
Deluxe Corporation has a trailing twelve months price to earnings ratio of 13.79. Meaning, the purchaser of the share is investing $13.79 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 9.98%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 18, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 6.73%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.9%, now sitting on 2.23B for the twelve trailing months.
5. Universal Corporation (UVV)
79.28% 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 $4.97.
PE Ratio
Universal Corporation has a trailing twelve months price to earnings ratio of 10.12. Meaning, the purchaser of the share is investing $10.12 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 9.23%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 2.57B for the twelve trailing months.
Moving Average
Universal Corporation’s worth is under its 50-day moving average of $52.65 and under its 200-day moving average of $52.08.
6. Power Integrations (POWI)
32.02% Payout Ratio
Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales force, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Power Integrations has a trailing twelve months EPS of $2.29.
PE Ratio
Power Integrations has a trailing twelve months price to earnings ratio of 41.34. Meaning, the purchaser of the share is investing $41.34 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 16.61%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 0.83%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 41.6%, now sitting on 575.29M for the twelve trailing months.
Volume
Today’s last reported volume for Power Integrations is 236947 which is 43.13% below its average volume of 416675.
