Morningstar And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Kronos Worldwide (KRO), AudioCodes Ltd. (AUDC), Morningstar (MORN) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio at the moment. 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 distribute 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. Kronos Worldwide (KRO)

281.48% Payout Ratio

Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics. It also produces ilmenite, a raw material used directly as a feedstock by sulfate-process TiO2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as in the manufacture of iron pigments, cement, and agricultural products; titanium oxychloride for use in the formulation of pearlescent pigments, and production of electroceramic capacitors for cell phones and other electronic devices; and titanyl sulfate that is used in pearlescent pigments, natural gas pipe, and other specialty applications. In addition, the company provides technical services for its products. It sells its products under the KRONOS brand through agents and distributors to paint, plastics, decorative laminate, and paper manufacturers. The company was founded in 1916 and is headquartered in Dallas, Texas. Kronos Worldwide, Inc. is a subsidiary of Valhi, Inc.

Earnings Per Share

As for profitability, Kronos Worldwide has a trailing twelve months EPS of $-0.56.

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 -7.44%.

Sales Growth

Kronos Worldwide’s sales growth is 4.3% for the ongoing quarter and 17.9% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 13.6%, now sitting on 1.61B for the twelve trailing months.

Volume

Today’s last reported volume for Kronos Worldwide is 176769 which is 3.19% below its average volume of 182610.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Kronos Worldwide’s EBITDA is 0.81.

2. AudioCodes Ltd. (AUDC)

92.31% Payout Ratio

AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Cloud, a Microsoft Teams software as a service solution that enables service providers to offer their business customers a seamless migration to Microsoft Teams. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators and distributors in the telecommunications and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.

Earnings Per Share

As for profitability, AudioCodes Ltd. has a trailing twelve months EPS of $0.39.

PE Ratio

AudioCodes Ltd. has a trailing twelve months price to earnings ratio of 26.18. Meaning, the purchaser of the share is investing $26.18 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 7.08%.

3. Morningstar (MORN)

90.36% Payout Ratio

Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. The company offers web-based tools; investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index, as well as environmental, social, and governance (ESG) rating services; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors. It also provides Morningstar Data, an investment data spanning various databases, including equity fundamentals, managed investments, ESG factors, and market data; Morningstar Direct, an investment-analysis platform; Morningstar Managed Portfolios, an advisor service consisting of model portfolio that offers services for independent financial advisors, as well as offers asset allocation services for asset managers, broker/dealers, and insurance providers; Morningstar Advisor Workstation, a web-based research, financial planning, and proposal generation platform; and Morningstar.com, a website for individual investors. In addition, the company offers Morningstar Enterprise Components; Morningstar Credit Ratings that provides issuance and surveillance services for structured finance products and instruments; corporate credit estimates and operational risk assessment rankings; Morningstar Indexes for creating investment products; Morningstar workplace solutions, such as retirement accounts, fiduciary services, allocation funds, and custom models; and PitchBook Platform, research and analysis workstation for investment and research professionals. Further, its PitchBook provides a mobile application, excel plug-in, data feeds, and data solutions. The company was incorporated in 1984 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Morningstar has a trailing twelve months EPS of $1.65.

PE Ratio

Morningstar has a trailing twelve months price to earnings ratio of 159. Meaning, the purchaser of the share is investing $159 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 5.85%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Morningstar’s EBITDA is 6.05.

Moving Average

Morningstar’s worth is higher than its 50-day moving average of $238.78 and way above its 200-day moving average of $216.23.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.1%, now sitting on 1.97B for the twelve trailing months.

Volume

Today’s last reported volume for Morningstar is 94112 which is 63.46% below its average volume of 257565.

4. Universal Corporation (UVV)

65.43% Payout Ratio

Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, natural wrapped cigars and cigarillos, smokeless, and pipe tobacco products. It also provides value-added services, including blending, chemical, and physical testing of tobacco; service cutting for various manufacturers; manufacturing reconstituted leaf tobacco; just-in-time inventory management services; electronic nicotine delivery systems; and smoke testing services for customers. In addition, the company offers testing services for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors; and analytical services that include chemical compound testing in finished tobacco products and mainstream smoke. Further, it provides a various value-added manufacturing processes to produce specialty vegetable and fruit-based ingredients, as well as botanical extracts and flavorings for human and pet food markets; and recycles waste materials from tobacco production. Universal Corporation was founded in 1886 and is headquartered in Richmond, Virginia.

Earnings Per Share

As for profitability, Universal Corporation has a trailing twelve months EPS of $4.86.

PE Ratio

Universal Corporation has a trailing twelve months price to earnings ratio of 11.07. Meaning, the purchaser of the share is investing $11.07 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 9.64%.

Moving Average

Universal Corporation’s value is way above its 50-day moving average of $47.82 and higher than its 200-day moving average of $50.30.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.9%, now sitting on 2.65B for the twelve trailing months.

5. NACCO Industries (NC)

35.42% Payout Ratio

NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts for power generation companies and an activated carbon producer in North Dakota, Texas, Mississippi, and Louisiana, as well as Navajo Nation in New Mexico. The North American Mining segment provides value-added contract mining and other services for producers of aggregates, activated carbon, lithium, and other industrial minerals; and contract mining services for independently owned mines and quarries in Florida, Texas, Arkansas, Indiana, Virginia, and Nebraska. The Minerals Management segment is involved in the leasing of its royalty and mineral interests to third-party exploration and production companies, and other mining companies, which grants them the rights to explore, develop, mine, produce, market, and sell gas, oil, and coal. NACCO Industries, Inc. was founded in 1913 and is headquartered in Cleveland, Ohio.

Earnings Per Share

As for profitability, NACCO Industries has a trailing twelve months EPS of $2.4.

PE Ratio

NACCO Industries has a trailing twelve months price to earnings ratio of 15. Meaning, the purchaser of the share is investing $15 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 4.3%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 28, 2023, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 2.44%.

Volume

Today’s last reported volume for NACCO Industries is 1123 which is 90.33% below its average volume of 11615.

Earnings Before Interest, Taxes, Depreciation, and Amortization

NACCO Industries’s EBITDA is 0.77.

Revenue Growth

Year-on-year quarterly revenue growth declined by 24.7%, now sitting on 221.57M 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%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

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