News Corporation And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Vector Group Ltd. (VGR), StoneCastle Financial Corp (BANX), News Corporation (NWSA) 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 promise of 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 are a few stocks with an above 30% percent payout ratio.

1. Vector Group Ltd. (VGR)

68.97% Payout Ratio

Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company also engages in real estate investment business, operates apartment buildings, hotels, and commercial real estate ventures. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is headquartered in Miami, Florida.

Earnings Per Share

As for profitability, Vector Group Ltd. has a trailing twelve months EPS of $1.16.

PE Ratio

Vector Group Ltd. has a trailing twelve months price to earnings ratio of 9.47. Meaning, the purchaser of the share is investing $9.47 for every dollar of annual earnings.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 25% and a drop 6.1% for the next.

Yearly Top and Bottom Value

Vector Group Ltd.’s stock is valued at $10.99 at 14:23 EST, way under its 52-week high of $13.43 and way higher than its 52-week low of $9.28.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 1, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 7.38%.

Sales Growth

Vector Group Ltd.’s sales growth for the next quarter is 51.6%.

2. StoneCastle Financial Corp (BANX)

59.15% Payout Ratio

ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade. ArrowMark Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.

Earnings Per Share

As for profitability, StoneCastle Financial Corp has a trailing twelve months EPS of $2.84.

PE Ratio

StoneCastle Financial Corp has a trailing twelve months price to earnings ratio of 6.38. Meaning, the purchaser of the share is investing $6.38 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 13.49%.

Moving Average

StoneCastle Financial Corp’s worth is under its 50-day moving average of $18.61 and above its 200-day moving average of $17.81.

Yearly Top and Bottom Value

StoneCastle Financial Corp’s stock is valued at $18.12 at 14:23 EST, under its 52-week high of $19.50 and way higher than its 52-week low of $15.53.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17%, now sitting on 28.68M for the twelve trailing months.

Volume

Today’s last reported volume for StoneCastle Financial Corp is 30536 which is 123.92% above its average volume of 13637.

3. News Corporation (NWSA)

54.05% Payout Ratio

News Corporation, a media and information services company, focuses on creating and distributing content for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and Investor's Business Daily through various media channels, such as newspapers, newswires, websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, videos, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides video sports, entertainment, and news services to pay-TV subscribers and other commercial licensees primarily through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and professional software and service products, as well as financial services. The company is headquartered in New York, New York.

Earnings Per Share

As for profitability, News Corporation has a trailing twelve months EPS of $0.37.

PE Ratio

News Corporation has a trailing twelve months price to earnings ratio of 71.05. Meaning, the purchaser of the share is investing $71.05 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 2.81%.

Sales Growth

News Corporation’s sales growth for the current quarter is 1.5%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1%, now sitting on 9.94B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 12, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.76%.

Yearly Top and Bottom Value

News Corporation’s stock is valued at $26.29 at 14:23 EST, under its 52-week high of $28.00 and way above its 52-week low of $18.10.

4. BP (BP)

52.59% Payout Ratio

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. The company was founded in 1908 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, BP has a trailing twelve months EPS of $5.15.

PE Ratio

BP has a trailing twelve months price to earnings ratio of 7.66. Meaning, the purchaser of the share is investing $7.66 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 11.47%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 1.74 and the estimated forward annual dividend yield is 4.65%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 13.1%, now sitting on 201.08B for the twelve trailing months.

Moving Average

BP’s value is higher than its 50-day moving average of $38.25 and higher than its 200-day moving average of $36.93.

5. First Community Corporation (FCCO)

38.89% Payout Ratio

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that consist of secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides other banking services, which include online banking, internet banking, cash management, safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. It operates 21 full-service offices located in the Lexington County, Richland County, Newberry County, Kershaw County, Greenville County, Anderson County, Pickens County, and Aiken County, South Carolina; and Richmond County and Columbia County, Georgia. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.

Earnings Per Share

As for profitability, First Community Corporation has a trailing twelve months EPS of $1.44.

PE Ratio

First Community Corporation has a trailing twelve months price to earnings ratio of 12.1. Meaning, the purchaser of the share is investing $12.1 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 8.54%.

Volume

Today’s last reported volume for First Community Corporation is 631 which is 97.55% below its average volume of 25770.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 14% and positive 73.9% for the next.

Yearly Top and Bottom Value

First Community Corporation’s stock is valued at $17.42 at 14:23 EST, way under its 52-week high of $22.00 and way above its 52-week low of $15.40.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 29, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.24%.

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%.

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