(VIANEWS) – CVS Health (CVS), North European Oil Royality Trust (NRT), Automatic Data Processing (ADP) are the highest payout ratio stocks on this list.
We have collected information concerning 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 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. CVS Health (CVS)
70.06% Payout Ratio
CVS Health Corporation provides health services in the United States. It operates through Health Care Benefits, Pharmacy Services, and Retail/LTC segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail-order, mail-order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The Retail/LTC segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was incorporated in 1996 and is headquartered in Woonsocket, Rhode Island.
Earnings Per Share
As for profitability, CVS Health has a trailing twelve months EPS of $5.46.
PE Ratio
CVS Health has a trailing twelve months price to earnings ratio of 13.83. Meaning, the purchaser of the share is investing $13.83 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 5.68%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 18, 2023, the estimated forward annual dividend rate is 2.42 and the estimated forward annual dividend yield is 2.72%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 321.63B for the twelve trailing months.
Sales Growth
CVS Health’s sales growth is 3.8% for the ongoing quarter and 2.3% for the next.
Moving Average
CVS Health’s worth is way under its 50-day moving average of $87.21 and way under its 200-day moving average of $94.68.
Previous days news about CVS Health (CVS)
- Wall street analysts think CVS health (cvs) is a good investment: is it?. According to Zacks on Tuesday, 14 March, "Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see what these Wall Street heavyweights think about CVS Health (CVS Quick QuoteCVS – Free Report) .", "Check price target & stock forecast for CVS Health here>>>The ABR suggests buying CVS Health, but making an investment decision solely on the basis of this information might not be a good idea. "
2. North European Oil Royality Trust (NRT)
66.13% Payout Ratio
North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. It has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. The company holds royalties for the sale of well gas, oil well gas, crude oil, condensate, and sulfur. North European Oil Royalty Trust is based in Keene, New Hampshire.
Earnings Per Share
As for profitability, North European Oil Royality Trust has a trailing twelve months EPS of $0.29.
PE Ratio
North European Oil Royality Trust has a trailing twelve months price to earnings ratio of 41.6. Meaning, the purchaser of the share is investing $41.6 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 6634.02%.
3. Automatic Data Processing (ADP)
58.11% Payout Ratio
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $5.76.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 36.94. Meaning, the purchaser of the share is investing $36.94 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 78.3%.
Moving Average
Automatic Data Processing’s worth is under its 50-day moving average of $229.38 and below its 200-day moving average of $234.39.
Volume
Today’s last reported volume for Automatic Data Processing is 1485450 which is 23.12% below its average volume of 1932200.
Sales Growth
Automatic Data Processing’s sales growth is 8.1% for the present quarter and 6.9% for the next.
Previous days news about Automatic Data Processing (ADP)
- According to Zacks on Tuesday, 14 March, "Investors interested in stocks from the Outsourcing sector have probably already heard of Adecco SA (AHEXY Quick QuoteAHEXY – Free Report) and Automatic Data Processing (ADP Quick QuoteADP – Free Report) . ", "Right now, Adecco SA is sporting a Zacks Rank of #2 (Buy), while Automatic Data Processing has a Zacks Rank of #3 (Hold). "
4. State Street Corporation (STT)
33.38% Payout Ratio
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded fund under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, State Street Corporation has a trailing twelve months EPS of $6.07.
PE Ratio
State Street Corporation has a trailing twelve months price to earnings ratio of 12.57. Meaning, the purchaser of the share is investing $12.57 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 10.56%.
Yearly Top and Bottom Value
State Street Corporation’s stock is valued at $76.29 at 02:23 EST, way under its 52-week high of $94.74 and way above its 52-week low of $58.62.
Sales Growth
State Street Corporation’s sales growth is 1.3% for the ongoing quarter and 6.3% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 29, 2022, the estimated forward annual dividend rate is 2.52 and the estimated forward annual dividend yield is 2.69%.
Volume
Today’s last reported volume for State Street Corporation is 3472880 which is 22.16% above its average volume of 2842750.
