(VIANEWS) – Lexington Realty Trust (LXP), TrustCo Bank Corp NY (TRST), Southside Bancshares (SBSI) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up until now. 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 distribute them.
When researching 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. Lexington Realty Trust (LXP)
1275% Payout Ratio
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.
Earnings Per Share
As for profitability, Lexington Realty Trust has a trailing twelve months EPS of $0.04.
PE Ratio
Lexington Realty Trust has a trailing twelve months price to earnings ratio of 251. Meaning, the purchaser of the share is investing $251 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 1.05%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.4%, now sitting on 341.68M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 5.18%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 33.3% and a drop 150% for the next.
2. TrustCo Bank Corp NY (TRST)
55.6% Payout Ratio
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. As of December 31, 2020, it operated 148 banking offices and 164 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
Earnings Per Share
As for profitability, TrustCo Bank Corp NY has a trailing twelve months EPS of $2.59.
PE Ratio
TrustCo Bank Corp NY has a trailing twelve months price to earnings ratio of 13.54. Meaning, the purchaser of the share is investing $13.54 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 7.71%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.6%, now sitting on 172.19M for the twelve trailing months.
Sales Growth
TrustCo Bank Corp NY’s sales growth is negative 13.5% for the current quarter and negative 9.6% for the next.
Volume
Today’s last reported volume for TrustCo Bank Corp NY is 33567 which is 56.83% below its average volume of 77770.
Moving Average
TrustCo Bank Corp NY’s value is way higher than its 50-day moving average of $29.15 and way higher than its 200-day moving average of $28.27.
3. Southside Bancshares (SBSI)
52.59% Payout Ratio
Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.
Earnings Per Share
As for profitability, Southside Bancshares has a trailing twelve months EPS of $2.7.
PE Ratio
Southside Bancshares has a trailing twelve months price to earnings ratio of 12.84. Meaning, the purchaser of the share is investing $12.84 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 10.46%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 22, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 4.23%.
Volume
Today’s last reported volume for Southside Bancshares is 148765 which is 38.98% above its average volume of 107039.
4. Thor Industries (THO)
38.26% Payout Ratio
THOR Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. It also provides aluminum extrusion and specialized component products to RV and other manufacturers. The company provides its products through independent and non-franchise dealers. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana.
Earnings Per Share
As for profitability, Thor Industries has a trailing twelve months EPS of $4.94.
PE Ratio
Thor Industries has a trailing twelve months price to earnings ratio of 20.03. Meaning, the purchaser of the share is investing $20.03 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 6.71%.
Volume
Today’s last reported volume for Thor Industries is 474519 which is 8.9% below its average volume of 520929.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 18.5% and positive 15.2% for the next.
Sales Growth
Thor Industries’s sales growth for the current quarter is negative 8.5%.
Moving Average
Thor Industries’s value is above its 50-day moving average of $96.42 and below its 200-day moving average of $104.24.
5. Western Asset/Claymore Inflation (WIA)
30.5% Payout Ratio
Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte. Ltd. It invests in fixed income markets across the globe. The fund primarily invests in investment-grade, inflation-linked securities such as U.S. TIPS, corporate bonds, and mortgage backed securities. It seeks to maintain an average portfolio duration of between zero to 15 years. The fund benchmarks the performance of its portfolio against the Barclays U.S. Government Inflation-Linked 1-10 Year Index and Barclays U.S. Government Inflation-Linked All Maturities Index. Western Asset/Claymore Inflation-Linked Securities & Income Fund was formed on September 25, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset/Claymore Inflation has a trailing twelve months EPS of $-0.02.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.26%.
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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
