(VIANEWS) – Magna International (MGA), National Retail Properties (NNN), Deluxe Corporation (DLX) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee 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. Magna International (MGA)
117.8% Payout Ratio
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors. The Power & Vision segment offers ?electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Earnings Per Share
As for profitability, Magna International has a trailing twelve months EPS of $1.54.
PE Ratio
Magna International has a trailing twelve months price to earnings ratio of 41.02. Meaning, the purchaser of the share is investing $41.02 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 4.07%.
Sales Growth
Magna International’s sales growth is 10.7% for the current quarter and 9.6% for the next.
Previous days news about Magna International (MGA)
- Zacks industry outlook highlights magna international, lear, autoliv and gentex. According to Zacks on Tuesday, 1 August, "Chicago, IL - August 1, 2023 - Today, Zacks Equity Research discusses Magna International (MGA Quick QuoteMGA – Free Report) , Lear Corp. (LEA Quick QuoteLEA – Free Report) , Autoliv, Inc. (ALV Quick QuoteALV – Free Report) and Gentex Corp. (GNTX Quick QuoteGNTX – Free Report) ."
- According to Zacks on Thursday, 3 August, "Investors are always looking for stocks that are poised to beat at earnings season and Magna International Inc. (MGA Quick QuoteMGA – Free Report) may be one such company. "
2. National Retail Properties (NNN)
112.95% Payout Ratio
NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of March 31, 2023, the company owned 3,449 properties in 49 states with a gross leasable area of approximately 35.3 million square feet and with a weighted average remaining lease term of 10.3 years. NNN is one of only three publicly traded REITs to have increased annual dividends for 33 or more consecutive years.
Earnings Per Share
As for profitability, National Retail Properties has a trailing twelve months EPS of $1.93.
PE Ratio
National Retail Properties has a trailing twelve months price to earnings ratio of 22.19. Meaning, the purchaser of the share is investing $22.19 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 8.55%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
National Retail Properties’s EBITDA is 63.51.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 14.3% and a drop 4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 786.88M for the twelve trailing months.
Sales Growth
National Retail Properties’s sales growth is 6.2% for the current quarter and 6.7% for the next.
3. Deluxe Corporation (DLX)
89.55% Payout Ratio
Deluxe Corporation provides technology-enabled solutions to small businesses and financial institutions in the United States, Canada, Australia, South America, and Europe. It operates through four segments: Payments, Cloud Solutions, Promotional Solutions, and Checks. The company provides treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing, and paperless treasury management solutions, as well as payment exchange, and fraud and security services; web hosting and design services, data-driven marketing solutions and hosted solutions that comprise digital engagement, logo design, financial institution profitability reporting, and business incorporation services. It also offers business forms, accessories, advertising specialties, promotional apparel, retail packaging, and strategic sourcing services; and printed personal and business checks. The company was formerly known as Deluxe Check Printers, Incorporated and changed its name to Deluxe Corporation in 1988. Deluxe Corporation was founded in 1915 and is headquartered in Shoreview, Minnesota.
Earnings Per Share
As for profitability, Deluxe Corporation has a trailing twelve months EPS of $1.34.
PE Ratio
Deluxe Corporation has a trailing twelve months price to earnings ratio of 13.78. Meaning, the purchaser of the share is investing $13.78 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 9.98%.
4. Franklin Resources (BEN)
71.08% Payout Ratio
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Earnings Per Share
As for profitability, Franklin Resources has a trailing twelve months EPS of $1.66.
PE Ratio
Franklin Resources has a trailing twelve months price to earnings ratio of 17.11. Meaning, the purchaser of the share is investing $17.11 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 7.01%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Franklin Resources’s EBITDA is 34.63.
Volume
Today’s last reported volume for Franklin Resources is 4591520 which is 54.6% above its average volume of 2969840.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 4.22%.
Sales Growth
Franklin Resources’s sales growth is negative 26.1% for the present quarter and negative 21.9% for the next.
5. ONE Gas (OGS)
61.37% Payout Ratio
ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers. ONE Gas, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, ONE Gas has a trailing twelve months EPS of $4.09.
PE Ratio
ONE Gas has a trailing twelve months price to earnings ratio of 19.11. Meaning, the purchaser of the share is investing $19.11 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 8.84%.
Moving Average
ONE Gas’s worth is under its 50-day moving average of $79.07 and below its 200-day moving average of $78.91.
6. Banco De Chile Banco De Chile ADS (BCH)
60.13% Payout Ratio
Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. The company operates through four segments: Retail, Wholesale, Treasury, and Subsidiaries. It offers deposit products, such as checking accounts, current accounts, demand deposits and accounts, saving accounts, and time deposits; commercial, mortgage, consumer, working capital, syndicated, and installment loans; and credit and debit cards. The company also provides leasing, factoring, and foreign trade services; international and treasury banking services; and financial advisory services for mergers and acquisitions, debt restructuring assistance, and payments and collections services. In addition, it offers liquidity management services, debt instruments, and derivative contracts and leases, as well as financial transactions business and currency trading services; and securities brokerage, mutual funds management, wholesale customers, investment banking and management, insurance brokerage, and securitization services. It serves individuals, small and medium-sized companies, corporate clients, and large companies. As of December 31, 2021, the company operated through a network of 334 branches and 1,766 automatic teller machines. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile.
Earnings Per Share
As for profitability, Banco De Chile Banco De Chile ADS has a trailing twelve months EPS of $3.4.
PE Ratio
Banco De Chile Banco De Chile ADS has a trailing twelve months price to earnings ratio of 6.7. Meaning, the purchaser of the share is investing $6.7 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 27.62%.
Sales Growth
Banco De Chile Banco De Chile ADS’s sales growth is negative 12.2% for the current quarter and 9.5% for the next.
