(VIANEWS) – Spirit Realty Capital (SRC), McCormick & Company (MKC), MUELLER WATER PRODUCTS (MWA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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. Spirit Realty Capital (SRC)
127.55% Payout Ratio
Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.
Earnings Per Share
As for profitability, Spirit Realty Capital has a trailing twelve months EPS of $1.96.
PE Ratio
Spirit Realty Capital has a trailing twelve months price to earnings ratio of 20.08. Meaning, the purchaser of the share is investing $20.08 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 6.67%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 709.63M for the twelve trailing months.
Yearly Top and Bottom Value
Spirit Realty Capital’s stock is valued at $39.36 at 14:23 EST, way below its 52-week high of $48.24 and way above its 52-week low of $34.31.
2. McCormick & Company (MKC)
58.73% Payout Ratio
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Hunt Valley, Maryland.
Earnings Per Share
As for profitability, McCormick & Company has a trailing twelve months EPS of $2.84.
PE Ratio
McCormick & Company has a trailing twelve months price to earnings ratio of 25.7. Meaning, the purchaser of the share is investing $25.7 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 14.95%.
Yearly Top and Bottom Value
McCormick & Company’s stock is valued at $72.96 at 14:23 EST, way below its 52-week high of $105.19 and higher than its 52-week low of $70.69.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 19% and positive 14.6% for the next.
Sales Growth
McCormick & Company’s sales growth is 1.1% for the present quarter and 7.1% for the next.
Moving Average
McCormick & Company’s worth is under its 50-day moving average of $77.05 and way under its 200-day moving average of $81.66.
3. MUELLER WATER PRODUCTS (MWA)
47% Payout Ratio
Mueller Water Products, Inc. manufactures and markets products and services for use in the transmission, distribution, and measurement of water in the United States, Canada, and internationally. It operates in two segments, Infrastructure and Technologies. The Infrastructure segment offers valves for water and gas systems, including butterfly, iron gate, tapping, check, knife, plug, automatic control, and ball valves; dry-barrel and wet-barrel fire hydrants; pipe repair products, such as clamps and couplings used to repair leaks under the Mueller and Jones brand names; and machines and tools for tapping, drilling, extracting, installing, and stopping-off. It sells its products primarily through waterworks distributors to various end user customers comprising municipalities, water and wastewater utilities, gas utilities, and fire protection and construction contractors. The Technologies segment provides residential and commercial water metering, water leak detection, and pipe condition assessment products, systems, and services directly to municipalities and waterworks distributors, as well as to end users. The company is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, MUELLER WATER PRODUCTS has a trailing twelve months EPS of $0.49.
PE Ratio
MUELLER WATER PRODUCTS has a trailing twelve months price to earnings ratio of 26.76. Meaning, the purchaser of the share is investing $26.76 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 11.55%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 8, 2023, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 1.81%.
Volume
Today’s last reported volume for MUELLER WATER PRODUCTS is 1067620 which is 38.07% above its average volume of 773225.
4. Premier Financial Corp. (PFC)
42.11% Payout Ratio
Premier Financial Corp., through its subsidiaries, provides various banking services. It offers various demand, checking, money market, certificates of deposits, certificates of deposit account registry service, and savings accounts; and investment products. The company also provides residential real estate loans, commercial real estate loans, commercial loans, home improvement and home equity loans, and consumer loans. In addition, it invests in the U.S. treasury and federal government agency obligations, obligations of states and political subdivisions, mortgage-backed securities that are issued by federal agencies, collateralized mortgage obligations, and corporate bonds. Further, the company offers property and casualty, life, and group health insurance agency services; mezzanine funding services; and online banking services, which include mobile banking, People Pay, online bill pay, and online account opening, as well as the MoneyPass ATM network. It operates through 75 banking center offices and 12 loan offices in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. The company was formerly known as First Defiance Financial Corp. and changed its name to Premier Financial Corp. in June 2020. Premier Financial Corp. was incorporated in 1995 and is headquartered in Defiance, Ohio.
Earnings Per Share
As for profitability, Premier Financial Corp. has a trailing twelve months EPS of $2.81.
PE Ratio
Premier Financial Corp. has a trailing twelve months price to earnings ratio of 8.58. Meaning, the purchaser of the share is investing $8.58 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 10.69%.
5. Kayne Anderson Midstream Energy Fund (KMF)
37.58% Payout Ratio
Kayne Anderson NextGen Energy & Infrastructure, Inc. is a close-ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It invests in public equity markets of North America. The fund primarily invests in companies in the midstream/energy sector consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy companies. It invests in stocks of companies across diversified market capitalizations. Kayne Anderson NextGen Energy & Infrastructure, Inc. was formed on November 24, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Kayne Anderson Midstream Energy Fund has a trailing twelve months EPS of $1.65.
PE Ratio
Kayne Anderson Midstream Energy Fund has a trailing twelve months price to earnings ratio of 4.28. Meaning, the purchaser of the share is investing $4.28 for every dollar of annual earnings.
Yearly Top and Bottom Value
Kayne Anderson Midstream Energy Fund’s stock is valued at $7.07 at 14:23 EST, way below its 52-week high of $9.05 and above its 52-week low of $6.93.
