(VIANEWS) – Cato Corporation (CATO), MFS Municipal Income Trust (MFM), Ternium S.A. Ternium S.A. (TX) 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 promise 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 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. Cato Corporation (CATO)
33057.9% Payout Ratio
The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce Websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce Websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. As of January 30, 2021, the company operated 1,330 stores in 33 states. It also provides credit card services to its customers, as well as layaway plans for customers who agree to make periodic payments. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Cato Corporation has a trailing twelve months EPS of $-0.85.
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 -8.21%.
Volume
Today’s last reported volume for Cato Corporation is 79800 which is 41.71% below its average volume of 136903.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.8%, now sitting on 693.11M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 10, 2024, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 12.21%.
Yearly Top and Bottom Value
Cato Corporation’s stock is valued at $5.57 at 08:23 EST, way below its 52-week high of $8.78 and way above its 52-week low of $4.56.
2. MFS Municipal Income Trust (MFM)
715% Payout Ratio
MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.
Earnings Per Share
As for profitability, MFS Municipal Income Trust has a trailing twelve months EPS of $0.03.
PE Ratio
MFS Municipal Income Trust has a trailing twelve months price to earnings ratio of 177.67. Meaning, the purchaser of the share is investing $177.67 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 0.53%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.9%, now sitting on 16.68M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 0.22 and the estimated forward annual dividend yield is 4.21%.
Yearly Top and Bottom Value
MFS Municipal Income Trust’s stock is valued at $5.33 at 08:23 EST, under its 52-week high of $5.48 and way above its 52-week low of $4.37.
3. Ternium S.A. Ternium S.A. (TX)
87.88% Payout Ratio
Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
Earnings Per Share
As for profitability, Ternium S.A. Ternium S.A. has a trailing twelve months EPS of $3.3.
PE Ratio
Ternium S.A. Ternium S.A. has a trailing twelve months price to earnings ratio of 11.1. Meaning, the purchaser of the share is investing $11.1 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 6.28%.
4. Richmond Mutual Bancorporation (RMBI)
64.37% Payout Ratio
Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans. In addition, the company engages in the lease financing business; and provision of fee-based financial services comprising trust and estate administration, investment management, retirement plan administration, and private banking services. It operates through 12 full service and one limited-service banking offices with seven full-service and one limited-service offices located in Indiana; five offices situated in Ohio; one full-service banking office and four other branch offices are located in Richmond, Indiana; two other offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; two offices in Sidney and Ohio; two offices in Piqua and one office in Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana.
Earnings Per Share
As for profitability, Richmond Mutual Bancorporation has a trailing twelve months EPS of $0.87.
PE Ratio
Richmond Mutual Bancorporation has a trailing twelve months price to earnings ratio of 13.33. Meaning, the purchaser of the share is investing $13.33 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 6.67%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.2%, now sitting on 41.72M for the twelve trailing months.
Yearly Top and Bottom Value
Richmond Mutual Bancorporation’s stock is valued at $11.60 at 08:23 EST, way below its 52-week high of $13.00 and way higher than its 52-week low of $9.44.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 30, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 4.83%.
Moving Average
Richmond Mutual Bancorporation’s value is higher than its 50-day moving average of $11.49 and above its 200-day moving average of $11.21.
5. Trinseo S.A. Ordinary Shares (TSE)
36.68% Payout Ratio
Trinseo PLC operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally. It operates through five segments: Engineered Materials, Latex Binders, Plastics Solutions, Polystyrene, and Americas Styrenics. The Engineered Materials segment offers rigid thermoplastic compounds and blends, soft thermoplastic, continuous cast, cell cast, activated methyl methacrylates (MMA), PMMA resins, and extruded PMMA sheets and resins for consumer electronics, medical, footwear, automotive, and building and construction applications under the EMERGE, CALIBRE, PLEXIGLAS, ALTUGLAS, ACRYSPA, AVONITE, STUDIO, MEGOL, APILON, APIGO, and APINAT brands. The Latex Binders segment provides styrene-butadiene latex, and other latex polymers and binders primarily for coated paper and packaging board, carpet, and artificial turf backings, as well as the adhesive, building and construction, and technical textile paper market. The Plastics Solutions segment offers acrylonitrile-butadiene-styrene, styrene-acrylonitrile, polycarbonate, and compounds and blends for automotive and other applications under the MAGNUM brand. The Polystyrene segment provides general purpose polystyrenes and high impact polystyrene for use in appliances, food packaging and food service disposables, consumer electronics, and building and construction materials under the STYRON brand. The Americas Styrenics segment provides styrene and polystyrene for appliances, food packaging, food service disposables, consumer electronics, and building and construction materials applications. Trinseo PLC was incorporated in 2015 and is headquartered in Wayne, Pennsylvania.
Earnings Per Share
As for profitability, Trinseo S.A. Ordinary Shares has a trailing twelve months EPS of $-20.62.
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 -5162.41%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9.3%, now sitting on 3.58B 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
