(VIANEWS) – WhiteHorse Finance (WHF), Stag Industrial (STAG), Hormel Foods (HRL) 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 issue 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. WhiteHorse Finance (WHF)
208.82% Payout Ratio
WhiteHorse Finance, LLC is a business development company.
Earnings Per Share
As for profitability, WhiteHorse Finance has a trailing twelve months EPS of $0.67.
PE Ratio
WhiteHorse Finance has a trailing twelve months price to earnings ratio of 18.73. Meaning, the purchaser of the share is investing $18.73 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 4.6%.
2. Stag Industrial (STAG)
146% Payout Ratio
STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of property, STAG has developed an investment strategy that helps investors find a powerful balance of income plus growth.
Earnings Per Share
As for profitability, Stag Industrial has a trailing twelve months EPS of $1.
PE Ratio
Stag Industrial has a trailing twelve months price to earnings ratio of 33.24. Meaning, the purchaser of the share is investing $33.24 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 5.32%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.4%, now sitting on 657.35M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 1.47 and the estimated forward annual dividend yield is 4.45%.
3. Hormel Foods (HRL)
57.14% Payout Ratio
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Earnings Per Share
As for profitability, Hormel Foods has a trailing twelve months EPS of $1.62.
PE Ratio
Hormel Foods has a trailing twelve months price to earnings ratio of 24.85. Meaning, the purchaser of the share is investing $24.85 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 13.78%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 5%, now sitting on 12.46B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 12, 2023, the estimated forward annual dividend rate is 1.1 and the estimated forward annual dividend yield is 2.47%.
Yearly Top and Bottom Value
Hormel Foods’s stock is valued at $40.26 at 20:23 EST, way below its 52-week high of $55.11 and higher than its 52-week low of $39.03.
Moving Average
Hormel Foods’s value is below its 50-day moving average of $44.59 and way below its 200-day moving average of $46.64.
4. MarketAxess Holdings (MKTX)
42.11% Payout Ratio
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, MarketAxess Holdings has a trailing twelve months EPS of $6.65.
PE Ratio
MarketAxess Holdings has a trailing twelve months price to earnings ratio of 51.59. Meaning, the purchaser of the share is investing $51.59 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 23.58%.
Sales Growth
MarketAxess Holdings’s sales growth is 8.7% for the current quarter and 10.3% for the next.
5. Orrstown Financial Services (ORRF)
36.89% Payout Ratio
Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, construction, working capital, and other commercial purpose loans, as well as industrial loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary services under the Orrstown Financial Advisors name; and offers retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory, insurance, and brokerage services. The company operates through offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York counties, Pennsylvania; and Anne Arundel, Baltimore, Howard, and Washington counties, Maryland, as well as Baltimore City, Maryland. Orrstown Financial Services, Inc. was founded in 1919 and is based in Shippensburg, Pennsylvania.
Earnings Per Share
As for profitability, Orrstown Financial Services has a trailing twelve months EPS of $2.06.
PE Ratio
Orrstown Financial Services has a trailing twelve months price to earnings ratio of 9.54. Meaning, the purchaser of the share is investing $9.54 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 8.81%.
Volume
Today’s last reported volume for Orrstown Financial Services is 14726 which is 12.81% below its average volume of 16891.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 10.5% and 1.2%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 5, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.93%.
