(VIANEWS) – Nordic American Tankers Limited (NAT), Franklin Resources (BEN), News Corporation (NWS) 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 issue 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. Nordic American Tankers Limited (NAT)
143.75% Payout Ratio
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.32.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 11.34. Meaning, the purchaser of the share is investing $11.34 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 11.44%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 75% and 137.5%, respectively.
2. Franklin Resources (BEN)
76.4% Payout Ratio
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Earnings Per Share
As for profitability, Franklin Resources has a trailing twelve months EPS of $1.61.
PE Ratio
Franklin Resources has a trailing twelve months price to earnings ratio of 12.11. Meaning, the purchaser of the share is investing $12.11 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 7.58%.
Yearly Top and Bottom Value
Franklin Resources’s stock is valued at $19.50 at 14:23 EST, way below its 52-week high of $30.32 and higher than its 52-week low of $19.05.
Volume
Today’s last reported volume for Franklin Resources is 3463130 which is 22.7% below its average volume of 4480190.
3. News Corporation (NWS)
43.48% 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 $0.46.
PE Ratio
News Corporation has a trailing twelve months price to earnings ratio of 63.98. Meaning, the purchaser of the share is investing $63.98 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 3.94%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.9%, now sitting on 10.09B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 11, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.68%.
Volume
Today’s last reported volume for News Corporation is 492177 which is 30.72% below its average volume of 710474.
Moving Average
News Corporation’s worth is above its 50-day moving average of $28.43 and way above its 200-day moving average of $26.46.
4. Korn/Ferry International (KFY)
34.47% Payout Ratio
Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and RPO (Recruitment Process Outsourcing) & Professional Search. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the industrial, financial services, life sciences/healthcare provider, consumer, technology, and educational/not-for-profit market sectors. It also offers organizational strategy, assessment and succession, and leadership development, as well as rewards and benefits to assist clients. In addition, the company provides RPO, project recruitment, and individual professional search and outsource recruiting solutions. It serves public and private companies, and middle market and emerging growth companies, as well as government and non-profit organizations. The company was formerly known as Korn/Ferry International and changed its name to Korn Ferry in January 2019. Korn Ferry was founded in 1969 and is based in Los Angeles, California.
Earnings Per Share
As for profitability, Korn/Ferry International has a trailing twelve months EPS of $3.51.
PE Ratio
Korn/Ferry International has a trailing twelve months price to earnings ratio of 20.49. Meaning, the purchaser of the share is investing $20.49 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 10.99%.
Moving Average
Korn/Ferry International’s value is above its 50-day moving average of $69.52 and way above its 200-day moving average of $63.40.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 24.7% and 7.5%, respectively.
5. Weyco Group (WEYS)
31.86% Payout Ratio
Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands. It is also involved in the wholesale of its products to footwear, department, and specialty stores, as well as e-commerce retailers in the United States and Canada. The company operates e-commerce business; and brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. It operates in the United States, Canada, Australia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Weyco Group has a trailing twelve months EPS of $3.17.
PE Ratio
Weyco Group has a trailing twelve months price to earnings ratio of 10.38. Meaning, the purchaser of the share is investing $10.38 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 12.52%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.6%, now sitting on 300.23M for the twelve trailing months.
Yearly Top and Bottom Value
Weyco Group’s stock is valued at $32.90 at 14:23 EST, under its 52-week high of $35.24 and way higher than its 52-week low of $24.47.
Moving Average
Weyco Group’s value is above its 50-day moving average of $32.02 and above its 200-day moving average of $30.81.
Sales Growth
Weyco Group’s sales growth is 1% for the ongoing quarter and negative 2.7% for the next.
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
According to 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%.