(VIANEWS) – Lexington Realty Trust (LXP), Hooker Furniture Corporation (HOFT), Blackrock Municipal Income Quality Trust (BYM) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. Lexington Realty Trust (LXP)
294.12% 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 $0.17.
PE Ratio
Lexington Realty Trust has a trailing twelve months price to earnings ratio of 55.29. Meaning, the purchaser of the share is investing $55.29 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 2.52%.
2. Hooker Furniture Corporation (HOFT)
98.77% Payout Ratio
Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company's Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand. Its Home Meridian segment provides home furnishings under the Accentrics Home brand; a range of bedroom, dining room, accent, display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and imported leather motion upholstery under the Prime Resources International brand. This segment also designs and supplies hotel furnishings for four and five-star hotels under the Samuel Lawrence Hospitality brand name; and ready-to-assemble furniture under the HMidea brand. The company's Domestic Upholstery segment offers motion and stationary leather furniture under the Bradington-Young brand; occasional chairs, settees, sofas, and sectional seating under the Sam Moore Furniture brand; and upholstered furniture, such as private label sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs for lifestyle specialty retailers under the Shenandoah Furniture brand. It also supplies upholstered seating and casegoods to upscale senior living and assisted living facilities through designers, design firms, industry dealers, and distributors under the H Contract brand; and interior designer products under the Lifestyle Brands name. The company sells home furnishing products through retailers, such as independent furniture stores, department stores, mass merchants, national chains, catalog merchants, interior designers, e-commerce retailers, and warehouse clubs primarily in North America. Hooker Furnishings Corporation was incorporated in 1924 and is headquartered in Martinsville, Virginia.
Earnings Per Share
As for profitability, Hooker Furniture Corporation has a trailing twelve months EPS of $-0.68.
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 -3.53%.
3. Blackrock Municipal Income Quality Trust (BYM)
65.05% Payout Ratio
BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax. BlackRock Municipal Income Quality Trust was formed on October 31, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Municipal Income Quality Trust has a trailing twelve months EPS of $-0.1.
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 -2.53%.
4. Kansas City Life Insurance Company (KCLI)
55.41% Payout Ratio
Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It offers a portfolio of individual insurance, annuity, and group life and health insurance; and traditional life insurance, immediate annuities with life contingencies, supplementary contracts with life contingencies, and accident and health insurance. The company was incorporated in 1895 and is based in Kansas City, Missouri.
Earnings Per Share
As for profitability, Kansas City Life Insurance Company has a trailing twelve months EPS of $-1.19.
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 -2.17%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 30, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 1.51%.
5. MGE Energy (MGEE)
50.3% Payout Ratio
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through five segments: Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of February 24, 2021, the company generated and distributed electricity to 157,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 166,000 customers in seven south-central and western Wisconsin counties. MGE Energy, Inc. was founded in 1855 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, MGE Energy has a trailing twelve months EPS of $3.28.
PE Ratio
MGE Energy has a trailing twelve months price to earnings ratio of 19.66. Meaning, the purchaser of the share is investing $19.66 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 10.74%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 5.2% and 11.6%, respectively.
Volume
Today’s last reported volume for MGE Energy is 285911 which is 83.47% above its average volume of 155829.
6. TriCo Bancshares (TCBK)
34.09% Payout Ratio
TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services. It operates 66 traditional branches, 7 in-store branches, and 2 loan production offices in northern and central California. The company was incorporated in 1974 and is headquartered in Chico, California.
Earnings Per Share
As for profitability, TriCo Bancshares has a trailing twelve months EPS of $3.52.
PE Ratio
TriCo Bancshares has a trailing twelve months price to earnings ratio of 9.99. Meaning, the purchaser of the share is investing $9.99 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 10.64%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 26.2% and positive 2.7% for the next.
Moving Average
TriCo Bancshares’s value is way under its 50-day moving average of $39.55 and below its 200-day moving average of $35.71.
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%.
