(VIANEWS) – Safety Insurance Group (SAFT), Medtronic (MDT), Hennessy Advisors (HNNA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 distribute them.
When investigating 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. Safety Insurance Group (SAFT)
97.3% Payout Ratio
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella and business owner policies, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Safety Insurance Group has a trailing twelve months EPS of $3.7.
PE Ratio
Safety Insurance Group has a trailing twelve months price to earnings ratio of 23.36. Meaning, the purchaser of the share is investing $23.36 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 6.3%.
Volume
Today’s last reported volume for Safety Insurance Group is 54654 which is 20.04% below its average volume of 68357.
Yearly Top and Bottom Value
Safety Insurance Group’s stock is valued at $86.44 at 07:23 EST, way under its 52-week high of $99.75 and way above its 52-week low of $76.78.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10%, now sitting on 797.38M for the twelve trailing months.
2. Medtronic (MDT)
66.41% 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 $2.26.
PE Ratio
Medtronic has a trailing twelve months price to earnings ratio of 38.12. Meaning, the purchaser of the share is investing $38.12 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%.
Moving Average
Medtronic’s value is above its 50-day moving average of $79.16 and below its 200-day moving average of $89.02.
Volume
Today’s last reported volume for Medtronic is 4350700 which is 42.73% below its average volume of 7596850.
3. Hennessy Advisors (HNNA)
61.11% Payout Ratio
Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.
Earnings Per Share
As for profitability, Hennessy Advisors has a trailing twelve months EPS of $0.95.
PE Ratio
Hennessy Advisors has a trailing twelve months price to earnings ratio of 10.32. Meaning, the purchaser of the share is investing $10.32 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 8.1%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 19%, now sitting on 31.7M for the twelve trailing months.
Yearly Top and Bottom Value
Hennessy Advisors’s stock is valued at $9.78 at 07:23 EST, way below its 52-week high of $11.00 and way above its 52-week low of $8.11.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 14, 2022, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 6.25%.
4. Dynex Capital (DX)
60.47% Payout Ratio
Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. Dynex Capital, Inc. was founded in 1987 and is headquartered in Glen Allen, Virginia.
Earnings Per Share
As for profitability, Dynex Capital has a trailing twelve months EPS of $15.73.
PE Ratio
Dynex Capital has a trailing twelve months price to earnings ratio of 0.9. Meaning, the purchaser of the share is investing $0.9 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 14.75%.
5. MDU Resources Group (MDU)
53.73% Payout Ratio
MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers supply related value-added services. The company's Pipeline segment provides natural gas transportation, underground storage, and gathering services through regulated and nonregulated pipeline systems primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, liquid asphalt, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, and mechanical piping and services; and overhead and underground electrical distribution and transmission lines, substations, external lighting, traffic signalization, and gas pipelines, as well as engages in the utility excavation activities. This segment also manufactures and distributes transmission line construction equipment; and constructs and maintains renewable energy projects. It serves manufacturing, commercial, industrial, institutional, and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.
Earnings Per Share
As for profitability, MDU Resources Group has a trailing twelve months EPS of $1.95.
PE Ratio
MDU Resources Group has a trailing twelve months price to earnings ratio of 15.88. Meaning, the purchaser of the share is investing $15.88 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 9.96%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 6, 2022, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 3.13%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 13.2% and 28.6%, respectively.
6. West Bancorporation (WTBA)
33.79% Payout Ratio
West Bancorporation, Inc. operates as the financial holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It accepts various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. Further, the company provides internet and mobile banking services; treasury management services comprising cash management, client-generated automated clearing house transaction, remote deposit, and fraud protection services; and merchant credit card processing services and corporate credit cards. It has eight offices in the Des Moines area; one office in Coralville; and one office each in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.
Earnings Per Share
As for profitability, West Bancorporation has a trailing twelve months EPS of $2.93.
PE Ratio
West Bancorporation has a trailing twelve months price to earnings ratio of 8. Meaning, the purchaser of the share is investing $8 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 21.88%.
Yearly Top and Bottom Value
West Bancorporation’s stock is valued at $23.43 at 07:23 EST, way below its 52-week high of $31.59 and way above its 52-week low of $20.39.
