(VIANEWS) – Consolidated Water Co. Ltd. (CWCO), Jack Henry & Associates (JKHY), First Merchants Corporation (FRME) 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 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. Consolidated Water Co. Ltd. (CWCO)
62.96% Payout Ratio
Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing. It uses reverse osmosis technology to produce potable water from seawater. The company produces and supplies water to end-users, including residential, commercial, and government customers, as well as government-owned distributors. It also provides design, engineering, construction, procurement, and management services for desalination projects and water treatment plants, as well as management and engineering services relating to municipal water distribution and treatment. In addition, the company manufactures and services a range of water-related products, including reverse osmosis desalination equipment, membrane separation equipment, filtration equipment, piping systems, vessels, and custom fabricated components; and provides design, engineering, consulting, management, inspection, training, and equipment maintenance services for commercial, municipal, and industrial water production, supply, and treatment, as well as desalination and wastewater treatment. Consolidated Water Co. Ltd. was incorporated in 1973 and is headquartered in Grand Cayman, the Cayman Islands.
Earnings Per Share
As for profitability, Consolidated Water Co. Ltd. has a trailing twelve months EPS of $0.54.
PE Ratio
Consolidated Water Co. Ltd. has a trailing twelve months price to earnings ratio of 27.85. Meaning, the purchaser of the share is investing $27.85 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 5.44%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Consolidated Water Co. Ltd.’s EBITDA is 174.14.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 29, 2022, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 2.23%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 100% and 118.2%, respectively.
Volume
Today’s last reported volume for Consolidated Water Co. Ltd. is 57408 which is 10.48% below its average volume of 64131.
2. Jack Henry & Associates (JKHY)
40.66% Payout Ratio
Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. The company's Jack Henry Banking business brand offers SilverLake, a robust primarily designed for commercial-focused banks; CIF 20/20, a parameter-driven, easy-to-use system for banks; and Core Director, a cost-efficient system with point-and-click operation. Its Symitar business brand provides Episys, a robust designed for credit unions; and CruiseNet, a cost-efficient system designed primarily for credit unions. In addition, the company offers electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; and provides implementation, training, and support services. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.
Earnings Per Share
As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $3.88.
PE Ratio
Jack Henry & Associates has a trailing twelve months price to earnings ratio of 42.61. Meaning, the purchaser of the share is investing $42.61 for every dollar of annual earnings.
3. First Merchants Corporation (FRME)
32.81% Payout Ratio
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Earnings Per Share
As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.81.
PE Ratio
First Merchants Corporation has a trailing twelve months price to earnings ratio of 10.77. Meaning, the purchaser of the share is investing $10.77 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 11.25%.
Yearly Top and Bottom Value
First Merchants Corporation’s stock is valued at $41.05 at 01:23 EST, under its 52-week high of $45.04 and way higher than its 52-week low of $34.07.
Moving Average
First Merchants Corporation’s worth is below its 50-day moving average of $41.32 and above its 200-day moving average of $40.66.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 27.5% and 82.5%, respectively.
Sales Growth
First Merchants Corporation’s sales growth is 40.3% for the current quarter and 15.1% for the next.
4. DHT Holdings (DHT)
32.43% Payout Ratio
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Oslo, and Norway. As of March 17, 2021, it had a fleet of 28 very large crude carriers with a capacity of 8,660,835 deadweight tons. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, DHT Holdings has a trailing twelve months EPS of $0.37.
PE Ratio
DHT Holdings has a trailing twelve months price to earnings ratio of 31.51. Meaning, the purchaser of the share is investing $31.51 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 5.84%.
Yearly Top and Bottom Value
DHT Holdings’s stock is valued at $11.66 at 01:23 EST, under its 52-week high of $12.13 and way above its 52-week low of $4.98.
Moving Average
DHT Holdings’s value is way above its 50-day moving average of $9.63 and way higher than its 200-day moving average of $8.28.
5. Microchip Technology (MCHP)
31.3% Payout Ratio
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded microprocessors markets; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides development tools that enable system designers to program microcontroller and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and NVM technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.
Earnings Per Share
As for profitability, Microchip Technology has a trailing twelve months EPS of $1.26.
PE Ratio
Microchip Technology has a trailing twelve months price to earnings ratio of 65.3. Meaning, the purchaser of the share is investing $65.3 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 34.2%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.4%, now sitting on 8.05B for the twelve trailing months.
Volume
Today’s last reported volume for Microchip Technology is 2397620 which is 48.76% below its average volume of 4679740.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 16, 2023, the estimated forward annual dividend rate is 1.43 and the estimated forward annual dividend yield is 1.69%.
Previous days news about Microchip Technology (MCHP)
- The zacks analyst blog highlights procter & gamble, applied materials, automatic data processing, microchip technology and fastenal. According to Zacks on Wednesday, 8 March, "Stocks recently featured in the blog include: The Procter & Gamble Co. (PG Quick QuotePG – Free Report) , Applied Materials, Inc. (AMAT Quick QuoteAMAT – Free Report) , Automatic Data Processing, Inc. (ADP Quick QuoteADP – Free Report) , Microchip Technology Inc. (MCHP Quick QuoteMCHP – Free Report) and Fastenal Co. (FAST Quick QuoteFAST – Free Report) .", "High debt remains a concern.(You can read the full research report on Applied Data Processing here >>>)Other noteworthy reports we are featuring today include Microchip Technology Inc. and Fastenal Co."
6. Granite Construction Incorporated (GVA)
30.59% Payout Ratio
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. It operates through two segments, Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.
Earnings Per Share
As for profitability, Granite Construction Incorporated has a trailing twelve months EPS of $1.7.
PE Ratio
Granite Construction Incorporated has a trailing twelve months price to earnings ratio of 24.08. Meaning, the purchaser of the share is investing $24.08 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 7.96%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 1.24%.
