(VIANEWS) – MFS Intermediate Income Trust (MIN), Artesian Resources Corporation (ARTNA), Seacoast Banking Corporation of Florida (SBCF) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to 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 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. MFS Intermediate Income Trust (MIN)
1227.1% Payout Ratio
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S. Government/Credit and MFS Intermediate Income Trust Blended Index. MFS Intermediate Income Trust was formed on March 17, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, MFS Intermediate Income Trust has a trailing twelve months EPS of $0.02.
PE Ratio
MFS Intermediate Income Trust has a trailing twelve months price to earnings ratio of 135. Meaning, the purchaser of the share is investing $135 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 1.14%.
Yearly Top and Bottom Value
MFS Intermediate Income Trust’s stock is valued at $2.70 at 08:23 EST, below its 52-week high of $2.85 and higher than its 52-week low of $2.52.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 12.2M for the twelve trailing months.
Volume
Today’s last reported volume for MFS Intermediate Income Trust is 122791 which is 45.55% below its average volume of 225548.
Moving Average
MFS Intermediate Income Trust’s value is higher than its 50-day moving average of $2.62 and above its 200-day moving average of $2.67.
2. Artesian Resources Corporation (ARTNA)
67.1% Payout Ratio
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Earnings Per Share
As for profitability, Artesian Resources Corporation has a trailing twelve months EPS of $1.71.
PE Ratio
Artesian Resources Corporation has a trailing twelve months price to earnings ratio of 21.88. Meaning, the purchaser of the share is investing $21.88 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 8.27%.
Yearly Top and Bottom Value
Artesian Resources Corporation’s stock is valued at $37.41 at 08:23 EST, way below its 52-week high of $49.73 and way above its 52-week low of $33.34.
Moving Average
Artesian Resources Corporation’s value is above its 50-day moving average of $36.59 and under its 200-day moving average of $38.38.
3. Seacoast Banking Corporation of Florida (SBCF)
51.8% Payout Ratio
Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.
Earnings Per Share
As for profitability, Seacoast Banking Corporation of Florida has a trailing twelve months EPS of $1.39.
PE Ratio
Seacoast Banking Corporation of Florida has a trailing twelve months price to earnings ratio of 18.44. Meaning, the purchaser of the share is investing $18.44 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 5.67%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 41.4% and a negative 23.9%, respectively.
Moving Average
Seacoast Banking Corporation of Florida’s worth is higher than its 50-day moving average of $23.41 and above its 200-day moving average of $23.94.
4. Atlantic Union Bankshares Corporation (AUB)
45.76% Payout Ratio
Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine (ATM) services, mobile and internet banking services, and online bill payment services, as well as financial planning, trust, and wealth management services. Further, the company offers securities, brokerage, and investment advisory products and services; and originates and sells residential loan products in the secondary market. As of February 16, 2021, it operated 129 branches and approximately 150 ATMs in Virginia, Maryland, and North Carolina. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Atlantic Union Bankshares Corporation has a trailing twelve months EPS of $2.71.
PE Ratio
Atlantic Union Bankshares Corporation has a trailing twelve months price to earnings ratio of 13.2. Meaning, the purchaser of the share is investing $13.2 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 8.66%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.2%, now sitting on 684.19M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 23, 2024, the estimated forward annual dividend rate is 1.28 and the estimated forward annual dividend yield is 3.58%.
Yearly Top and Bottom Value
Atlantic Union Bankshares Corporation’s stock is valued at $35.78 at 08:23 EST, below its 52-week high of $37.86 and way higher than its 52-week low of $26.91.
5. Texas Roadhouse (TXRH)
45.66% Payout Ratio
Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of December 29, 2020, it operated 537 domestic restaurants and 97 franchise restaurants. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.
Earnings Per Share
As for profitability, Texas Roadhouse has a trailing twelve months EPS of $4.96.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 29.74%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.5%, now sitting on 4.78B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 33.6% and 26.3%, respectively.
Moving Average
Texas Roadhouse’s value is below its 50-day moving average of $168.48 and under its 200-day moving average of $135.93.
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%.
