(VIANEWS) – Lexington Realty Trust (LXP), Hawthorn Bancshares (HWBK), IDACORP (IDA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 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. Lexington Realty Trust (LXP)
568.72% 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 $0.09.
PE Ratio
Lexington Realty Trust has a trailing twelve months price to earnings ratio of 107.67. Meaning, the purchaser of the share is investing $107.67 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 1.64%.
Dividend Yield
According to 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 5.37%.
2. Hawthorn Bancshares (HWBK)
226.67% Payout Ratio
Hawthorn Bancshares, Inc. operates as the bank holding company for Hawthorn Bank that provides commercial and personal banking services. It accepts checking, savings, money market, individual retirement, and other time deposit accounts; and certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards. In addition, it provides trust services that include estate planning, investment, and asset management services; and cash management, safety deposit box, brokerage, and Internet banking services. Hawthorn Bancshares, Inc. was founded in 1865 and is headquartered in Jefferson City, Missouri.
Earnings Per Share
As for profitability, Hawthorn Bancshares has a trailing twelve months EPS of $0.3.
PE Ratio
Hawthorn Bancshares has a trailing twelve months price to earnings ratio of 71.67. Meaning, the purchaser of the share is investing $71.67 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 1.62%.
Yearly Top and Bottom Value
Hawthorn Bancshares’s stock is valued at $21.50 at 08:23 EST, way under its 52-week high of $26.00 and way above its 52-week low of $15.02.
3. IDACORP (IDA)
61.31% Payout Ratio
IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
Earnings Per Share
As for profitability, IDACORP has a trailing twelve months EPS of $5.35.
PE Ratio
IDACORP has a trailing twelve months price to earnings ratio of 18.95. Meaning, the purchaser of the share is investing $18.95 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 9.07%.
4. Hanover Insurance Group (THG)
44.62% Payout Ratio
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty property and casualty, such as program business, specialty industrial business, excess and surplus business, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment advisory services to institutions, insurance companies, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Earnings Per Share
As for profitability, Hanover Insurance Group has a trailing twelve months EPS of $7.52.
PE Ratio
Hanover Insurance Group has a trailing twelve months price to earnings ratio of 17.68. Meaning, the purchaser of the share is investing $17.68 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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1321.1% and 10.2%, respectively.
5. NetApp (NTAP)
43.2% Payout Ratio
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Hybrid Cloud and Public Could. The company offers data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Astra; and storage infrastructure solutions, including NetApp All-Flash FAS, NetApp All-Flash FAS with capacity flash, NetApp All-Flash SAN Array, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp BlueXP, BlueXP Sync, BlueXP Tiering, NetApp Backup, BlueXP Compliance, and BlueXP Cache; and cloud operations services consist of NetApp Cloud Insights, Spot by NetApp, and Instaclustr. In addition, the company offers professional and support services, such as storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, and migration services. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, NetApp has a trailing twelve months EPS of $4.39.
PE Ratio
NetApp has a trailing twelve months price to earnings ratio of 23.19. Meaning, the purchaser of the share is investing $23.19 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 85.55%.
Moving Average
NetApp’s value is way below its 50-day moving average of $125.57 and above its 200-day moving average of $101.26.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.5%, now sitting on 6.27B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 5, 2024, the estimated forward annual dividend rate is 2.02 and the estimated forward annual dividend yield is 1.65%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 26.1% and 7.6%, respectively.
6. First United Corporation (FUNC)
37.21% Payout Ratio
First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities. It also provides loans, such as commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term loans, and other secured and unsecured lines of credit and term loans. In addition, the company offers various trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that consist of IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning services; insurance products; brokerage services; and safe deposit and night depository facilities. It operates 26 banking offices, one customer care center, and 34 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Mineral, Berkeley, Monongalia, and Harrison counties in West Virginia. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.
Earnings Per Share
As for profitability, First United Corporation has a trailing twelve months EPS of $2.15.
PE Ratio
First United Corporation has a trailing twelve months price to earnings ratio of 12.87. Meaning, the purchaser of the share is investing $12.87 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 9.32%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.9%, now sitting on 69.63M for the twelve trailing months.
Moving Average
First United Corporation’s worth is way higher than its 50-day moving average of $21.39 and way above its 200-day moving average of $21.12.
Sales Growth
First United Corporation’s sales growth is 7.5% for the present quarter and 9.8% for the next.
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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
