LeMaitre Vascular And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – PotlatchDeltic Corporation (PCH), Enterprise Products (EPD), Morgan Stanley (MS) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.

1. PotlatchDeltic Corporation (PCH)

182.65% Payout Ratio

PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance.

Earnings Per Share

As for profitability, PotlatchDeltic Corporation has a trailing twelve months EPS of $2.43.

PE Ratio

PotlatchDeltic Corporation has a trailing twelve months price to earnings ratio of 20.96. Meaning, the purchaser of the share is investing $20.96 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 4.33%.

2. Enterprise Products (EPD)

75% Payout Ratio

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates natural gas processing facilities located in Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming; NGL pipelines; NGL fractionation facilities; NGL and related product storage facilities; and NGL marine terminals. The Crude Oil Pipelines & Services segment operates crude oil pipelines; and crude oil storage and marine terminals, which include a fleet of 245 tractor-trailer tank trucks that are used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates natural gas pipeline systems to gather, treat, and transport natural gas. It leases underground salt dome natural gas storage facilities in Napoleonville, Louisiana; owns an underground salt dome storage cavern in Wharton County, Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related marketing activities; butane isomerization complex and related deisobutanizer operations; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines and terminals; and ethylene export terminals, as well as provides refined products marketing and marine transportation services. Enterprise Products Partners L.P. founded in 1968 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Enterprise Products has a trailing twelve months EPS of $2.54.

PE Ratio

Enterprise Products has a trailing twelve months price to earnings ratio of 10.42. Meaning, the purchaser of the share is investing $10.42 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 20.9%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Enterprise Products’s EBITDA is 48.61.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 7.8% and positive 4.8% for the next.

3. Morgan Stanley (MS)

54.48% Payout Ratio

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; foreign exchange and commodities; corporate and commercial real estate loans, commercial mortgage and secured lending facilities, and financing for sales and trading customers, and asset-backed and mortgage lending; and wealth management services, investment, and research services. The Wealth Management segment offers financial advisor-led brokerage, custody, administrative, and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services, including stock plan administration; annuity and insurance products; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services to individual investors and small to medium-sized businesses and institutions. The Investment Management segment provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals through institutional and intermediary channels. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Morgan Stanley has a trailing twelve months EPS of $5.69.

PE Ratio

Morgan Stanley has a trailing twelve months price to earnings ratio of 15.68. Meaning, the purchaser of the share is investing $15.68 for every dollar of annual earnings.

Sales Growth

Morgan Stanley’s sales growth is 1.3% for the present quarter and 7.4% for the next.

Previous days news about Morgan Stanley (MS)

  • According to CNBC on Saturday, 5 August, "Goldman trades for just above one times price to TBV, while rivals including JPMorgan Chase and Morgan Stanley are valued at roughly double that.", "While significant, key rivals are both larger and growing faster: Morgan Stanley had $4.9 trillion in client assets as of June 30."
  • According to Zacks on Monday, 7 August, "Of the other Finance sector players that have reported second-quarter results so far, the bottom-line results of Synchrony Financial (SYF Quick QuoteSYF – Free Report) , American Express Company (AXP Quick QuoteAXP – Free Report) and Morgan Stanley (MS Quick QuoteMS – Free Report) beat the Zacks Consensus Estimate."

4. LeMaitre Vascular (LMAT)

46.9% Payout Ratio

LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. It offers angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to perfuse the blood and other fluids into the vasculature; and thrombectomy catheters, which features a silicone balloon for removing thrombi in the venous system. The company also provides carotid shunts that temporarily shunt the blood to the brain during the removal of plaque from the carotid artery in a carotid endarterectomy surgery; powered phlebectomy devices to remove varicose veins; and radiopaque tape, a medical-grade tape applied to the skin that enables interventionists to cross-refer between the inside and the outside of a patient's body, and allows them to locate tributaries or lesions beneath the skin. In addition, it offers remote endarterectomy devices to remove plaque from arteries in the leg; valvulotomes, which cut valves in the saphenous vein to function as an artery to carry blood past diseased arteries to the lower leg or the foot; and vascular grafts to bypass or replace diseased arteries. Further, the company provides vascular patches, which are used for closure of vessels after surgical intervention; closure systems to attach vessels to one another with titanium clips instead of sutures; and surgical glue. It markets its products through a direct sales force and distributors. The company was formerly known as Vascutech, Inc. and changed its name to LeMaitre Vascular, Inc. in April 2001. LeMaitre Vascular, Inc. was incorporated in 1983 and is headquartered in Burlington, Massachusetts.

Earnings Per Share

As for profitability, LeMaitre Vascular has a trailing twelve months EPS of $0.93.

PE Ratio

LeMaitre Vascular has a trailing twelve months price to earnings ratio of 61.15. Meaning, the purchaser of the share is investing $61.15 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 9.31%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

LeMaitre Vascular’s EBITDA is 7.49.

5. The First of Long Island Corporation (FLIC)

45.86% Payout Ratio

The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations. The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, savings, time deposit, holiday club, and individual retirement accounts. It also provides commercial and residential mortgage, commercial and industrial, small business credit scored, Small Business Administration, construction and land development, consumer, and home equity lines of credit/loans, as well as commercial and standby letters of credit; debit or credit cards; and overdraft facilities. In addition, the company offers life insurance, trust, estate and custody, retail investment, bill payment, lockbox, ACH, safe deposit box rental, wire transfer, money order, checkbook printing, check, ATM, and online and mobile banking services, as well as investment securities, management, and advisory services. It operates 40 branches, including 17 branches in Nassau, 15 in Suffolk, 5 in Queens, 2 in Brooklyn, and 1 in Manhattan. The company was founded in 1927 and is headquartered in Glen Head, New York.

Earnings Per Share

As for profitability, The First of Long Island Corporation has a trailing twelve months EPS of $1.81.

PE Ratio

The First of Long Island Corporation has a trailing twelve months price to earnings ratio of 7.72. Meaning, the purchaser of the share is investing $7.72 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 9.63%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 56.4% and a negative 50%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth declined by 23.3%, now sitting on 110.48M for the twelve trailing months.

Sales Growth

The First of Long Island Corporation’s sales growth is negative 28.8% for the present quarter and negative 24.2% for the next.

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