(VIANEWS) – Park Electrochemical Corporation (PKE), Kellogg Company (K), Northern Trust (NTRS) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio so far. The payout ratio in itself isn’t a promise 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. Park Electrochemical Corporation (PKE)
105.26% Payout Ratio
Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market. It offers advanced composite materials, including film adhesives and lightning strike materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also offers specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was founded in 1954 and is based in Westbury, New York.
Earnings Per Share
As for profitability, Park Electrochemical Corporation has a trailing twelve months EPS of $0.38.
PE Ratio
Park Electrochemical Corporation has a trailing twelve months price to earnings ratio of 35.79. Meaning, the purchaser of the share is investing $35.79 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 5.9%.
Moving Average
Park Electrochemical Corporation’s value is under its 50-day moving average of $14.40 and above its 200-day moving average of $12.62.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 30, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 3.64%.
2. Kellogg Company (K)
53.56% Payout Ratio
Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Rice Krispies Squares, Kashi Go, Vector, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was founded in 1906 and is headquartered in Battle Creek, Michigan.
Earnings Per Share
As for profitability, Kellogg Company has a trailing twelve months EPS of $3.63.
PE Ratio
Kellogg Company has a trailing twelve months price to earnings ratio of 17.83. Meaning, the purchaser of the share is investing $17.83 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 34.21%.
Yearly Top and Bottom Value
Kellogg Company’s stock is valued at $64.74 at 08:23 EST, way under its 52-week high of $77.17 and above its 52-week low of $59.54.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 29, 2022, the estimated forward annual dividend rate is 2.36 and the estimated forward annual dividend yield is 3.51%.
3. Northern Trust (NTRS)
47.23% Payout Ratio
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Northern Trust has a trailing twelve months EPS of $5.61.
PE Ratio
Northern Trust has a trailing twelve months price to earnings ratio of 14.74. Meaning, the purchaser of the share is investing $14.74 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 11.48%.
4. New York Times (NYT)
32.69% Payout Ratio
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. The company also transmits articles, graphics, and photographs from The Times and other publications to approximately 1,500 newspapers, magazines, and websites; licenses electronic databases to resellers in the business, professional, and library markets; and offers magazine licensing, news digests, book development, and rights and permissions. In addition, it engages in the live events business, which hosts physical and virtual live events to connect audiences with journalists and outside thought leaders; direct-sold website, mobile application, podcast, email, and video advertisements, as well as digital advertising services; operates Wirecutter, a product review and recommendation products; develops mobile applications, including games and cooking products; prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, New York Times has a trailing twelve months EPS of $0.6.
PE Ratio
New York Times has a trailing twelve months price to earnings ratio of 59.97. Meaning, the purchaser of the share is investing $59.97 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 11.28%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 2, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 0.88%.
Yearly Top and Bottom Value
New York Times’s stock is valued at $35.98 at 08:23 EST, way below its 52-week high of $47.67 and way above its 52-week low of $27.59.
Previous days news about New York Times (NYT)
- According to Zacks on Monday, 13 March, "In 2018, President Donald J. Trump signed a bill that lessened the oversight for many regional banks, per a New York Times article. "
- New York times (nyt) forms 'hammer chart pattern': time for bottom fishing?. According to Zacks on Monday, 13 March, "Shares of New York Times Co. (NYT Quick QuoteNYT – Free Report) have been struggling lately and have lost 7.3% over the past week. ", "Moreover, a Zacks Rank of 1 for New York Times is a more conclusive indication of a potential trend reversal, as the Zacks Rank has proven to be an excellent timing indicator that helps investors identify precisely when a company’s prospects are beginning to improve."
5. National Presto Industries (NPK)
32.57% Payout Ratio
National Presto Industries Inc. provides housewares and small appliances, and defense and safety products primarily in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers. This segment sells its products directly to retailers, as well as through independent distributors. Its Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. It also performs load, assemble, and pack operations on ordnance-related products. This segment primarily serves the United States Department of Defense (DOD) and DOD prime contractors. The company's Safety segment designs and markets fire extinguishers; and systems to monitor freezers and refrigerators detecting and alerting users to potential safety issues around pharmaceuticals and food. National Presto Industries Inc. was founded in 1905 and is based in Eau Claire, Wisconsin.
Earnings Per Share
As for profitability, National Presto Industries has a trailing twelve months EPS of $6.67.
PE Ratio
National Presto Industries has a trailing twelve months price to earnings ratio of 11.04. Meaning, the purchaser of the share is investing $11.04 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 6.22%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 27, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1.35%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 20.1%, now sitting on 307.98M for the twelve trailing months.
