(VIANEWS) – Medtronic (MDT), Main Street Capital Corporation (MAIN), General Mills (GIS) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio up until now. 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 distribute 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. Medtronic (MDT)
96.45% Payout Ratio
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and products. The company's Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure, electrosurgery products, surgical artificial intelligence and robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology and lung products, and various therapies to treat diseases, as well as products in the fields of minimally invasive gastrointestinal and hepatologic diagnostics and therapies, patient monitoring, airway management and ventilation therapies, and renal disease. Its Neuroscience Portfolio segment offers products for spinal surgeons; neurosurgeons; neurologists; pain management specialists; anesthesiologists; orthopedic surgeons; urologists; urogynecologists; interventional radiologists; ear, nose, and throat specialists; and systems that incorporate energy surgical instruments. It provides image-guided surgery and intra-operative imaging systems and robotic guidance systems used in robot assisted spine procedures; and therapies for vasculature in and around the brain. The company's Diabetes Operating Unit segment offers insulin pumps and consumables, continuous glucose monitoring systems, smart insulin pen systems, and consumables and supplies. Medtronic plc was founded in 1949 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, Medtronic has a trailing twelve months EPS of $2.79.
PE Ratio
Medtronic has a trailing twelve months price to earnings ratio of 31.39. Meaning, the purchaser of the share is investing $31.39 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 7.25%.
Moving Average
Medtronic’s worth is above its 50-day moving average of $87.30 and above its 200-day moving average of $83.03.
Volume
Today’s last reported volume for Medtronic is 2011010 which is 65.54% below its average volume of 5836820.
Previous days news about Medtronic (MDT)
- According to Zacks on Tuesday, 11 July, "In Heart Valve Therapy, Edwards Lifesciences primarily competes with Medtronic and Sorin Group, whereas players, such as ICU Medical, Pulsion Medical Systems AG, LiDCO Group and Becton, Dickinson, offer competition in other segments."
- The zacks analyst blog highlights Alibaba, medtronic, schlumberger, cisco systems and moody's. According to Zacks on Tuesday, 11 July, "(BABA Quick QuoteBABA – Free Report) , Medtronic plc (MDT Quick QuoteMDT – Free Report) , Schlumberger Ltd. ", "All these factors support our bullish stance on the stock.(You can read the full research report on Medtronic here >>>)Shares ofSchlumberger have outperformed the Zacks Oil and Gas – Field Services industry over the past year (+62.8% vs. +44.3%). "
2. Main Street Capital Corporation (MAIN)
84.68% Payout Ratio
Main Street Capital Corporation is a principal investment firm that primarily provides equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
Earnings Per Share
As for profitability, Main Street Capital Corporation has a trailing twelve months EPS of $3.33.
PE Ratio
Main Street Capital Corporation has a trailing twelve months price to earnings ratio of 11.47. Meaning, the purchaser of the share is investing $11.47 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 12.65%.
Volume
Today’s last reported volume for Main Street Capital Corporation is 368718 which is 8.73% above its average volume of 339101.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 5, 2023, the estimated forward annual dividend rate is 2.76 and the estimated forward annual dividend yield is 7.23%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Main Street Capital Corporation’s EBITDA is 10.01.
Yearly Top and Bottom Value
Main Street Capital Corporation’s stock is valued at $38.20 at 14:23 EST, way under its 52-week high of $45.67 and way higher than its 52-week low of $31.66.
Previous days news about Main Street Capital Corporation (MAIN)
- According to Zacks on Monday, 10 July, "Some better-ranked stocks in the Finance space are Enova International, Inc. (ENVA Quick QuoteENVA – Free Report) , Hercules Capital, Inc. (HTGC Quick QuoteHTGC – Free Report) and Main Street Capital Corporation (MAIN Quick QuoteMAIN – Free Report) . "
3. General Mills (GIS)
50.12% Payout Ratio
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, Muir Glen, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Raisin Nut Bran, Total, Top Chews Naturals, Totino's, Trix, True Chews, Wanchai Ferry, Wheaties, Wilderness, Yoki, Reese's Puffs, Green Giant, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. In addition, the company operates ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.
Earnings Per Share
As for profitability, General Mills has a trailing twelve months EPS of $4.31.
PE Ratio
General Mills has a trailing twelve months price to earnings ratio of 17.41. Meaning, the purchaser of the share is investing $17.41 for every dollar of annual earnings.
Earnings Before Interest, Taxes, Depreciation, and Amortization
General Mills’s EBITDA is 2.79.
Volume
Today’s last reported volume for General Mills is 1922190 which is 42.56% below its average volume of 3346670.
Moving Average
General Mills’s value is way below its 50-day moving average of $85.14 and under its 200-day moving average of $81.93.
4. Movado Group (MOV)
37.53% Payout Ratio
Movado Group, Inc. designs, develops, sources, markets, and distributes watches in the United States and internationally. It operates in two segments, Watch and Accessory Brands; and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT owned brands, as well as under the Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, SCUDERIA FERRARI, Rebecca Minkoff, and Uri Minkoff licensed brands. It also provides after-sales and shipping services. As of January 31, 2020, the company operated 47 retail outlet locations. Its customers include jewelry store chains, department stores, independent regional jewelers, licensors' retail stores, and a network of independent distributors. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.
Earnings Per Share
As for profitability, Movado Group has a trailing twelve months EPS of $3.73.
PE Ratio
Movado Group has a trailing twelve months price to earnings ratio of 7.16. Meaning, the purchaser of the share is investing $7.16 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 18.15%.
Moving Average
Movado Group’s value is higher than its 50-day moving average of $26.08 and way under its 200-day moving average of $30.68.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 68.2% and a negative 32.8%, respectively.
5. Honda (HMC)
31.56% Payout Ratio
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. Its Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. Its Power Product and Other Businesses manufactures and sells power products, such as general purpose engines, lawn mowers, generators, water pumps, brush cutters, tillers, outboard marine engines and snow throwers. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.
Earnings Per Share
As for profitability, Honda has a trailing twelve months EPS of $2.69.
PE Ratio
Honda has a trailing twelve months price to earnings ratio of 11.28. Meaning, the purchaser of the share is investing $11.28 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 6.44%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 16.91T for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Honda’s EBITDA is 0.26.
Previous days news about Honda (HMC)
- According to Zacks on Monday, 10 July, "TM’s close peer Honda (HMC Quick QuoteHMC – Free Report) witnessed a 24.8% sales growth in the first half of 2023 with 631,532 deliveries. "
