(VIANEWS) – Hooker Furniture Corporation (HOFT), McCormick & Company (MKC), Westwood Holdings Group (WHG) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a guarantee 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. Hooker Furniture Corporation (HOFT)
98.77% Payout Ratio
Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company's Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand. Its Home Meridian segment provides home furnishings under the Accentrics Home brand; a range of bedroom, dining room, accent, display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and imported leather motion upholstery under the Prime Resources International brand. This segment also designs and supplies hotel furnishings for four and five-star hotels under the Samuel Lawrence Hospitality brand name; and ready-to-assemble furniture under the HMidea brand. The company's Domestic Upholstery segment offers motion and stationary leather furniture under the Bradington-Young brand; occasional chairs, settees, sofas, and sectional seating under the Sam Moore Furniture brand; and upholstered furniture, such as private label sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs for lifestyle specialty retailers under the Shenandoah Furniture brand. It also supplies upholstered seating and casegoods to upscale senior living and assisted living facilities through designers, design firms, industry dealers, and distributors under the H Contract brand; and interior designer products under the Lifestyle Brands name. The company sells home furnishing products through retailers, such as independent furniture stores, department stores, mass merchants, national chains, catalog merchants, interior designers, e-commerce retailers, and warehouse clubs primarily in North America. Hooker Furnishings Corporation was incorporated in 1924 and is headquartered in Martinsville, Virginia.
Earnings Per Share
As for profitability, Hooker Furniture Corporation has a trailing twelve months EPS of $-0.68.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -3.53%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.93%.
Moving Average
Hooker Furniture Corporation’s value is below its 50-day moving average of $24.48 and way above its 200-day moving average of $20.62.
Volume
Today’s last reported volume for Hooker Furniture Corporation is 27334 which is 40.36% below its average volume of 45838.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Hooker Furniture Corporation’s EBITDA is 18.34.
2. McCormick & Company (MKC)
61.9% Payout Ratio
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
Earnings Per Share
As for profitability, McCormick & Company has a trailing twelve months EPS of $2.52.
PE Ratio
McCormick & Company has a trailing twelve months price to earnings ratio of 27.79. Meaning, the purchaser of the share is investing $27.79 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 13.91%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 1.7% and positive 1.7% for the next.
3. Westwood Holdings Group (WHG)
51.28% Payout Ratio
Westwood Holdings Group, Inc., through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment. The Trust segment offers trust and custodial services; and participates in common trust funds that it sponsors to institutions and high net worth individuals. Westwood Holdings Group, Inc. was founded in 1983 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Westwood Holdings Group has a trailing twelve months EPS of $1.17.
PE Ratio
Westwood Holdings Group has a trailing twelve months price to earnings ratio of 10.52. Meaning, the purchaser of the share is investing $10.52 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%.
Moving Average
Westwood Holdings Group’s worth is above its 50-day moving average of $11.98 and higher than its 200-day moving average of $11.30.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.87%.
4. GAMCO Natural Resources, Gold & Income Trust (GNT)
37.89% Payout Ratio
GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities. It focuses on factors such as recent prices of comparable securities that are publicly traded, reliable prices of securities not publicly traded, the use of valuation models, current analyst reports, valuing the income or cash flow of the issuer, or cost if the preceding factors do not apply to create its portfolio. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Dow Jones U.S. Basic Materials Index, and S&P Global Agribusiness Equity Index. The fund was formerly known as Gabelli Natural Resources, Gold & Income Trust. GAMCO Natural Resources, Gold & Income Trust was formed on January 27, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months EPS of $0.95.
PE Ratio
GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months price to earnings ratio of 5.34. Meaning, the purchaser of the share is investing $5.34 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 7.35%.
Yearly Top and Bottom Value
GAMCO Natural Resources, Gold & Income Trust’s stock is valued at $5.07 at 08:23 EST, under its 52-week high of $5.40 and way above its 52-week low of $4.59.
5. S&T Bancorp (STBA)
34.49% Payout Ratio
S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business banking, Commercial Construction, Consumer Real Estate, and Other Consumer. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions. In addition, the company distributes life insurance and long-term disability income insurance products, as well as offers title insurance agency services to commercial customers. As of December 31, 2020, it operated 76 banking branches and 5 loan production offices located in Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.
Earnings Per Share
As for profitability, S&T Bancorp has a trailing twelve months EPS of $3.74.
PE Ratio
S&T Bancorp has a trailing twelve months price to earnings ratio of 8.57. Meaning, the purchaser of the share is investing $8.57 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 11.73%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 22.5% and a negative 16.9%, respectively.
Volume
Today’s last reported volume for S&T Bancorp is 98731 which is 47.78% below its average volume of 189081.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.7%, now sitting on 389.14M for the twelve trailing months.
Yearly Top and Bottom Value
S&T Bancorp’s stock is valued at $32.05 at 08:23 EST, way below its 52-week high of $36.38 and way higher than its 52-week low of $24.51.
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 current quarter and the next is 1% and 1%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
