Logitech And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Cross Timbers Royalty Trust (CRT), Logitech (LOGI), Johnson Controls (JCI) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio at the moment. 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 issue 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. Cross Timbers Royalty Trust (CRT)

100% Payout Ratio

Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. Cross Timbers Royalty Trust was founded in 1991 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, Cross Timbers Royalty Trust has a trailing twelve months EPS of $2.2.

PE Ratio

Cross Timbers Royalty Trust has a trailing twelve months price to earnings ratio of 9.38. Meaning, the purchaser of the share is investing $9.38 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 447.93%.

Yearly Top and Bottom Value

Cross Timbers Royalty Trust’s stock is valued at $20.63 at 08:23 EST, way under its 52-week high of $30.40 and way above its 52-week low of $13.51.

2. Logitech (LOGI)

49.08% Payout Ratio

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming 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 gamepads, steering wheels, simulation controllers, console gaming headsets, and streamlabs services; 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. Its channel network includes consumer electronics distributors, retailers, e-tailers, 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, and Ultimate Ears 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 $2.01.

PE Ratio

Logitech has a trailing twelve months price to earnings ratio of 35.3. Meaning, the purchaser of the share is investing $35.3 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 14.23%.

Yearly Top and Bottom Value

Logitech’s stock is valued at $70.95 at 08:23 EST, below its 52-week high of $73.70 and way above its 52-week low of $41.81.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Logitech’s EBITDA is 2.15.

Previous days news about Logitech (LOGI)

  • Logitech unveils latest pro series x2 esports headset, keyboard and mouse. According to VentureBeat on Tuesday, 5 September, "Both the Logitech G Pro X TKL Lightspeed Gaming Keyboard and Logitech G Pro X Superlight 2 Gaming Mouse provide extensive customization options.", "All Logitech G products are certified carbon neutral and manufactured using renewable energy whenever possible."
  • According to Zacks on Tuesday, 5 September, "And several companies - Morgan Stanley (MS Quick QuoteMS – Free Report) , Logitech International (LOGI Quick QuoteLOGI – Free Report) , and Chubb Limited (CB Quick QuoteCB – Free Report) - have unveiled new repurchase programs over the summer. ", "And over the summer, all three companies above - Morgan Stanley (MS Quick QuoteMS – Free Report) , Logitech International (LOGI Quick QuoteLOGI – Free Report) , and Chubb Limited (CB Quick QuoteCB – Free Report) - unveiled additional or fresh buyback programs."

3. Johnson Controls (JCI)

47.99% Payout Ratio

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products. The company designs, sells, installs, and services heating, ventilating, air conditioning, controls, building management, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and fire protection and security products for commercial, industrial, retail, small business, institutional, and governmental customers. It also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven smart building solutions to non-residential building and industrial applications. In addition, the company offers control software and software services for residential and commercial applications. Johnson Controls International plc was incorporated in 1885 and is headquartered in Cork, Ireland.

Earnings Per Share

As for profitability, Johnson Controls has a trailing twelve months EPS of $2.98.

PE Ratio

Johnson Controls has a trailing twelve months price to earnings ratio of 19.14. Meaning, the purchaser of the share is investing $19.14 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 13.07%.

Moving Average

Johnson Controls’s value is way below its 50-day moving average of $64.39 and way under its 200-day moving average of $63.51.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Johnson Controls’s EBITDA is 1.86.

Volume

Today’s last reported volume for Johnson Controls is 2581350 which is 31.33% below its average volume of 3759180.

4. Itau Unibanco (ITUB)

47.05% Payout Ratio

Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR – Itaú Unibanco Participações S.A.

Earnings Per Share

As for profitability, Itau Unibanco has a trailing twelve months EPS of $0.65.

PE Ratio

Itau Unibanco 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 18.3%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 18.8% and 26.7%, respectively.

5. Bank of Marin Bancorp (BMRC)

40.98% Payout Ratio

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, professionals, not-for-profit organizations, and individuals in California, the United States. It offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry and insured cash sweep services. The company also provides commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, it offers merchant and payroll, and cash management services; credit cards; fraud detection tools; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, the company provides wealth management and trust services comprising customized investment portfolio management, financial planning, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and digital banking services. It operates through 12 branch offices in Marin, southern Sonoma counties, and north of San Francisco, California; and a loan production office in San Francisco. The company was incorporated in 1989 and is headquartered in Novato, California.

Earnings Per Share

As for profitability, Bank of Marin Bancorp has a trailing twelve months EPS of $2.44.

PE Ratio

Bank of Marin Bancorp has a trailing twelve months price to earnings ratio of 7.89. Meaning, the purchaser of the share is investing $7.89 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 9.37%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 2, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 5.08%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 21.8%, now sitting on 130.39M for the twelve trailing months.

Moving Average

Bank of Marin Bancorp’s worth is below its 50-day moving average of $19.52 and way below its 200-day moving average of $25.12.

Yearly Top and Bottom Value

Bank of Marin Bancorp’s stock is valued at $19.26 at 08:23 EST, way under its 52-week high of $36.78 and way above its 52-week low of $12.89.

6. Gentex Corporation (GNTX)

30.77% Payout Ratio

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.

Earnings Per Share

As for profitability, Gentex Corporation has a trailing twelve months EPS of $1.56.

PE Ratio

Gentex Corporation has a trailing twelve months price to earnings ratio of 20.67. Meaning, the purchaser of the share is investing $20.67 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 17.48%.

Sales Growth

Gentex Corporation’s sales growth is 15.3% for the present quarter and 14% for the next.

Volume

Today’s last reported volume for Gentex Corporation is 4079860 which is 228.6% above its average volume of 1241570.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 5, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 1.51%.

Previous days news about Gentex Corporation (GNTX)

  • According to Zacks on Tuesday, 5 September, "Some top-ranked players in the auto space are Oshkosh Corporation (OSK Quick QuoteOSK – Free Report) , Gentex Corporation (GNTX Quick QuoteGNTX – Free Report) and Allison Transmission Holdings, Inc. (ALSN Quick QuoteALSN – Free Report) , each sporting a Zacks Rank #1 (Strong Buy). "
  • According to Zacks on Wednesday, 6 September, "Some top-ranked players in the auto space include Oshkosh Corporation (OSK Quick QuoteOSK – Free Report) and Gentex Corporation (GNTX Quick QuoteGNTX – Free Report) , each sporting a Zacks Rank #1 (Strong Buy). "
  • According to Zacks on Thursday, 7 September, "Some top-ranked players in the auto space include Oshkosh Corporation (OSK Quick QuoteOSK – Free Report) and Gentex Corporation (GNTX Quick QuoteGNTX – Free Report) , each sporting a Zacks Rank #1 (Strong Buy). "
  • According to Zacks on Thursday, 7 September, "Some other top-ranked players in the auto space include Oshkosh Corporation (OSK Quick QuoteOSK – Free Report) and Gentex Corporation (GNTX Quick QuoteGNTX – Free Report) , each sporting the same rank as ALSN."

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%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 1% and 1%, respectively.

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).

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