(VIANEWS) – First Interstate BancSystem (FIBK), Center Coast MLP & Infrastructure Fund (CEN), Logitech (LOGI) 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 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 researching 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. First Interstate BancSystem (FIBK)
86.73% Payout Ratio
First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.
Earnings Per Share
As for profitability, First Interstate BancSystem has a trailing twelve months EPS of $1.96.
PE Ratio
First Interstate BancSystem has a trailing twelve months price to earnings ratio of 14.74. Meaning, the purchaser of the share is investing $14.74 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 7.99%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 5, 2023, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 6.36%.
Moving Average
First Interstate BancSystem’s value is way below its 50-day moving average of $32.57 and way under its 200-day moving average of $38.69.
Revenue Growth
Year-on-year quarterly revenue growth grew by 71%, now sitting on 1.02B for the twelve trailing months.
2. Center Coast MLP & Infrastructure Fund (CEN)
40.72% Payout Ratio
Center Coast MLP & Infrastructure Fund is a closed-ended balanced mutual fund launched and managed by Center Coast Capital Advisors, LP. The fund invests in public equity and fixed income markets of North America. It seeks to invest in securities of companies operating in the energy infrastructure sector. The fund primarily invests in equity and debt securities of MLPs and other entities holding primarily general or limited partner or managing member interests in MLPs. For its fixed income portion, the fund seeks to invest in securities across all credit ratings. It employs quantitative analysis with a focus on such factors as cash flow, yield, relative valuation, contract structure, operating risk, competitive environment, growth potential, operational expertise, and strength of business plan to create its portfolio. Center Coast MLP & Infrastructure Fund was formed on September 26, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Center Coast MLP & Infrastructure Fund has a trailing twelve months EPS of $2.21.
PE Ratio
Center Coast MLP & Infrastructure Fund has a trailing twelve months price to earnings ratio of 8.46. Meaning, the purchaser of the share is investing $8.46 for every dollar of annual earnings.
Yearly Top and Bottom Value
Center Coast MLP & Infrastructure Fund’s stock is valued at $18.70 at 02:23 EST, under its 52-week high of $19.58 and way above its 52-week low of $15.11.
Volume
Today’s last reported volume for Center Coast MLP & Infrastructure Fund is 45385 which is 105.89% above its average volume of 22043.
Moving Average
Center Coast MLP & Infrastructure Fund’s worth is higher than its 50-day moving average of $18.18 and higher than its 200-day moving average of $17.77.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 12, 2022, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 4.79%.
3. Logitech (LOGI)
37.95% Payout Ratio
Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to digital and cloud experiences worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices. It also provides keyboards, mice, headsets, and simulation products, such as steering wheels and flight sticks for gamers; video conferencing products, such as ConferenceCams, which combine enterprise-quality audio and high-definition video to bring video conferencing to businesses of any size; webcams and headsets that turn desktop into collaboration space; and controller for video conferencing room solutions. In addition, the company offers portable wireless Bluetooth and Wi-Fi connected speakers, mobile speakers, PC speakers, PC headsets, microphones, in-ear headphones, and wireless audio wearables; home entertainment controllers, and home security cameras. Its channel network includes consumer electronics distributors, retailers, e-tailers, mass merchandisers, specialty stores, computer and telecommunications stores, value-added resellers, and online merchants. The company sells its products under the Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones, Ultimate Ears, and Jaybird brands. Logitech International S.A. was incorporated in 1981 and is headquartered in Lausanne, Switzerland.
Earnings Per Share
As for profitability, Logitech has a trailing twelve months EPS of $2.21.
PE Ratio
Logitech has a trailing twelve months price to earnings ratio of 29.11. Meaning, the purchaser of the share is investing $29.11 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 18.64%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Logitech’s EBITDA is 44.3.
Moving Average
Logitech’s worth is way above its 50-day moving average of $55.40 and way above its 200-day moving average of $55.04.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 49.4% and a negative 43.2%, respectively.
Sales Growth
Logitech’s sales growth is negative 23.4% for the ongoing quarter and negative 19.1% for the next.
4. Community Trust Bancorp (CTBI)
37.8% Payout Ratio
Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that provides commercial and personal banking services to small and mid-sized communities. The company accepts time and demand deposits, checking accounts, savings accounts and savings certificates, individual retirement accounts and Keogh plans, and money market accounts. Its loan products include commercial, construction, mortgage, and personal loans; lease-financing, lines of credit, revolving lines of credit, and term loans, as well as other specialized loans, including asset-based financing; residential and commercial real estate loans; and consumer loans. The company also provides cash management, safe deposit boxes rental, and funds transfer services; issues letters of credit; and acts as a trustee of personal trusts, executor of estates, trustee for employee benefit trusts, and paying agent for bond and stock issues, as well as an investment agent and depositor for securities. In addition, it offers securities brokerage, and trust and wealth management services; debit cards; annuity and life insurance products; and repurchase agreements, as well as mobile, telephone, and internet banking services. The company operates seventy-nine banking locations in eastern, northeastern, central, south central Kentucky, southern West Virginia, and northeastern Tennessee; four trust offices across Kentucky; and one trust office in northeastern Tennessee. Community Trust Bancorp, Inc. was founded in 1903 and is headquartered in Pikeville, Kentucky.
Earnings Per Share
As for profitability, Community Trust Bancorp has a trailing twelve months EPS of $4.6.
PE Ratio
Community Trust Bancorp has a trailing twelve months price to earnings ratio of 7.58. Meaning, the purchaser of the share is investing $7.58 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 12.43%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 5.09%.
Volume
Today’s last reported volume for Community Trust Bancorp is 50816 which is 12.46% below its average volume of 58055.
Sales Growth
Community Trust Bancorp’s sales growth is 5.4% for the current quarter and 1.3% for the next.
5. Eagle Bancorp Montana (EBMT)
35.13% Payout Ratio
Eagle Bancorp Montana, Inc. operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts. The company also provides 1-4 family residential mortgage loans, such as residential mortgages and construction of residential properties; commercial real estate loans, including multi-family dwellings, nonresidential property, commercial construction and development, and farmland loans; and second mortgage/home equity loans. In addition, it offers consumer loans, such as loans secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats; personal loans and lines of credit; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; construction loans; agricultural loans; and mortgage loan services. The company operates 23 full-service branches, 1 community banking office, and 25 automated teller machines. Eagle Bancorp Montana, Inc. was founded in 1922 and is headquartered in Helena, Montana.
Earnings Per Share
As for profitability, Eagle Bancorp Montana has a trailing twelve months EPS of $1.52.
PE Ratio
Eagle Bancorp Montana has a trailing twelve months price to earnings ratio of 8.17. Meaning, the purchaser of the share is investing $8.17 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 7.62%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 89.18M for the twelve trailing months.
