(VIANEWS) – Medtronic (MDT), TORM plc (TRMD), American Water Works (AWK) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio as yet. 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. Medtronic (MDT)
100.74% 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 also 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. The company was founded in 1949 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, Medtronic has a trailing twelve months EPS of $2.71.
PE Ratio
Medtronic has a trailing twelve months price to earnings ratio of 29.16. Meaning, the purchaser of the share is investing $29.16 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 7.01%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 9.2% and a negative 3.8%, respectively.
Moving Average
Medtronic’s worth is under its 50-day moving average of $85.99 and under its 200-day moving average of $83.23.
Yearly Top and Bottom Value
Medtronic’s stock is valued at $79.02 at 20:23 EST, way below its 52-week high of $92.39 and higher than its 52-week low of $75.77.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Medtronic’s EBITDA is 4.01.
2. TORM plc (TRMD)
65.41% Payout Ratio
TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, TORM plc has a trailing twelve months EPS of $9.5.
PE Ratio
TORM plc has a trailing twelve months price to earnings ratio of 2.73. Meaning, the purchaser of the share is investing $2.73 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 56.43%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.5%, now sitting on 1.67B for the twelve trailing months.
Yearly Top and Bottom Value
TORM plc’s stock is valued at $25.94 at 20:23 EST, way below its 52-week high of $36.60 and way higher than its 52-week low of $18.49.
Volume
Today’s last reported volume for TORM plc is 392608 which is 20.77% above its average volume of 325073.
3. American Water Works (AWK)
55.56% Payout Ratio
American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,600 communities in 14 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides water and wastewater services on various military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 490 groundwater treatment plants; 175 wastewater treatment plants; 53,500 miles of transmission, distribution, and collection mains and pipes; 1,100 groundwater wells; 1,700 water and wastewater pumping stations; 1,100 treated water storage facilities; and 73 dams. It serves approximately 14 million people with drinking water, wastewater, and other related services in 24 states. The company was founded in 1886 and is headquartered in Camden, New Jersey.
Earnings Per Share
As for profitability, American Water Works has a trailing twelve months EPS of $4.81.
PE Ratio
American Water Works has a trailing twelve months price to earnings ratio of 27.26. Meaning, the purchaser of the share is investing $27.26 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 10.35%.
Yearly Top and Bottom Value
American Water Works’s stock is valued at $131.12 at 20:23 EST, way under its 52-week high of $162.59 and higher than its 52-week low of $122.77.
Previous days news about American Water Works (AWK)
- According to Zacks on Monday, 25 September, "Investors should thus consider stocks that offer risk-adjusted returns like American Water Works Company, Inc. (AWK Quick QuoteAWK – Free Report) , PepsiCo, Inc. (PEP Quick QuotePEP – Free Report) , Vistra Corp. (VST Quick QuoteVST – Free Report) , McKesson Corporation (MCK Quick QuoteMCK – Free Report) and J&J Snack Foods Corp. (JJSF Quick QuoteJJSF – Free Report) ."
- According to Zacks on Tuesday, 26 September, "Some other top-ranked stocks from the same industry are American Water Works Company (AWK Quick QuoteAWK – Free Report) , American States Water Company (AWR Quick QuoteAWR – Free Report) , each carrying a Zacks Rank #2 and Consolidated Water (CWCO Quick QuoteCWCO – Free Report) , sporting a Zacks Rank #1 (Strong Buy) at present. "
4. KeyCorp (KEY)
54.36% Payout Ratio
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, KeyCorp has a trailing twelve months EPS of $1.49.
PE Ratio
KeyCorp has a trailing twelve months price to earnings ratio of 7.05. Meaning, the purchaser of the share is investing $7.05 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 10.83%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 49.1% and a negative 28.9%, respectively.
Volume
Today’s last reported volume for KeyCorp is 4634050 which is 71.94% below its average volume of 16517400.
Sales Growth
KeyCorp’s sales growth is negative 17.4% for the current quarter and negative 16.9% for the next.
Moving Average
KeyCorp’s value is under its 50-day moving average of $10.70 and way below its 200-day moving average of $14.13.
Previous days news about KeyCorp (KEY)
- Deadline action alert: the schall law firm encourages investors in keycorp with losses of $100,000 to contact the firm. According to Business Insider on Sunday, 24 September, "LOS ANGELES, CA / ACCESSWIRE / September 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against KeyCorp ("Key" or "the Company") (NYSE: KEY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission."
- According to Zacks on Tuesday, 26 September, "A couple of other banks like, KeyCorp (KEY Quick QuoteKEY – Free Report) and Huntington Bancshares (HBAN Quick QuoteHBAN – Free Report) , are worth a look based on robust dividend yields."
5. Packaging Corporation of America (PKG)
52.8% Payout Ratio
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Earnings Per Share
As for profitability, Packaging Corporation of America has a trailing twelve months EPS of $9.47.
PE Ratio
Packaging Corporation of America has a trailing twelve months price to earnings ratio of 15.74. Meaning, the purchaser of the share is investing $15.74 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 22.19%.
Volume
Today’s last reported volume for Packaging Corporation of America is 342338 which is 41.83% below its average volume of 588604.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Packaging Corporation of America’s EBITDA is 1.95.
Moving Average
Packaging Corporation of America’s value is above its 50-day moving average of $147.26 and higher than its 200-day moving average of $137.50.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.7%, now sitting on 8.03B for the twelve trailing months.
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%.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
