(VIANEWS) – Blackrock Core Bond Trust Blackrock Core Bond Trust (BHK), Knight Transportation (KNX), Air Products and Chemicals (APD) 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. Blackrock Core Bond Trust Blackrock Core Bond Trust (BHK)
86.91% Payout Ratio
BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities. BlackRock Core Bond Trust was formed on November 30, 2001 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Core Bond Trust Blackrock Core Bond Trust has a trailing twelve months EPS of $1.03.
PE Ratio
Blackrock Core Bond Trust Blackrock Core Bond Trust has a trailing twelve months price to earnings ratio of 10.54. Meaning, the purchaser of the share is investing $10.54 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 9.34%.
2. Knight Transportation (KNX)
85.29% Payout Ratio
Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States and Mexico. The company operates through three segments: Trucking, Logistics, and Intermodal. Its trucking services include irregular route, dedicated, refrigerated, flatbed, expedited, dry van, drayage, and cross-border transportation of various products, goods, and materials. The company also provides logistics and intermodal services, such as brokerage, intermodal, and certain logistics; freight management; and non-trucking services. In addition, it offers various support services, including repair and maintenance shop services, warranty, insurance, and equipment leasing; and trailer parts manufacturing services, as well as engages in the driving academy activities. The company operates a total of 18,877 tractors, which comprises 16,432 company-owned tractors and 2,445 independent contractor tractors, as well as 58,315 trailers; and 643 tractors and 9,862 intermodal containers. It serves retail, food and beverage, consumer products, paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. Knight-Swift Transportation Holdings Inc. was founded in 1989 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Knight Transportation has a trailing twelve months EPS of $0.68.
PE Ratio
Knight Transportation has a trailing twelve months price to earnings ratio of 68.76. Meaning, the purchaser of the share is investing $68.76 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 1.54%.
Moving Average
Knight Transportation’s worth is below its 50-day moving average of $48.69 and way below its 200-day moving average of $52.71.
Volume
Today’s last reported volume for Knight Transportation is 1631130 which is 28.18% below its average volume of 2271230.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 42.9% and a negative 12.2%, respectively.
Sales Growth
Knight Transportation’s sales growth is 15.3% for the current quarter and 3.5% for the next.
3. Air Products and Chemicals (APD)
63.47% Payout Ratio
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.
Earnings Per Share
As for profitability, Air Products and Chemicals has a trailing twelve months EPS of $10.47.
PE Ratio
Air Products and Chemicals has a trailing twelve months price to earnings ratio of 22.11. Meaning, the purchaser of the share is investing $22.11 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 16.12%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 2% and 13%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 1, 2024, the estimated forward annual dividend rate is 7.08 and the estimated forward annual dividend yield is 2.57%.
4. Independent Bank Group (IBTX)
60.08% Payout Ratio
Independent Bank Group, Inc., through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans, such as SBA guaranteed loans, business term loans, equipment lease financing, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages, as well as mortgage warehouse purchase loans. In addition, it offers debit cards, online and mobile banking, estatement, bank-by-mail, and direct deposit services; and business accounts and management services consisting of analyzed business checking, business savings, and treasury management services. Independent Bank Group, Inc. was incorporated in 2002 and is headquartered in McKinney, Texas.
Earnings Per Share
As for profitability, Independent Bank Group has a trailing twelve months EPS of $2.53.
PE Ratio
Independent Bank Group has a trailing twelve months price to earnings ratio of 17.05. Meaning, the purchaser of the share is investing $17.05 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 4.41%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 29.3% and a negative 15.2%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.3%, now sitting on 482.38M for the twelve trailing months.
Yearly Top and Bottom Value
Independent Bank Group’s stock is valued at $43.14 at 08:23 EST, way below its 52-week high of $53.25 and way above its 52-week low of $34.30.
Moving Average
Independent Bank Group’s worth is above its 50-day moving average of $42.48 and above its 200-day moving average of $42.89.
5. ChoiceOne Financial Services (COFS)
37.72% Payout Ratio
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial lending products, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers alternative investment products, which include annuities and mutual funds; and sells insurance policies, such as life and health for commercial and consumer clients. Further, it provides trust and wealth management services. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.
Earnings Per Share
As for profitability, ChoiceOne Financial Services has a trailing twelve months EPS of $2.81.
PE Ratio
ChoiceOne Financial Services has a trailing twelve months price to earnings ratio of 9.17. Meaning, the purchaser of the share is investing $9.17 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 11.33%.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
