(VIANEWS) – Northern Technologies International Corporation (NTIC), Starbucks (SBUX), Old National Bancorp (ONB) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 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. Northern Technologies International Corporation (NTIC)
112% Payout Ratio
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of biobased and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. The company sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors and agents, manufacturer's sales representatives, strategic partners, and joint venture. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota.
Earnings Per Share
As for profitability, Northern Technologies International Corporation has a trailing twelve months EPS of $0.25.
PE Ratio
Northern Technologies International Corporation has a trailing twelve months price to earnings ratio of 47.2. Meaning, the purchaser of the share is investing $47.2 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 4.51%.
Yearly Top and Bottom Value
Northern Technologies International Corporation’s stock is valued at $11.80 at 08:23 EST, way under its 52-week high of $15.00 and way above its 52-week low of $9.05.
Sales Growth
Northern Technologies International Corporation’s sales growth is 21.8% for the ongoing quarter and 18.6% for the next.
Moving Average
Northern Technologies International Corporation’s value is below its 50-day moving average of $12.57 and under its 200-day moving average of $12.18.
2. Starbucks (SBUX)
69.44% Payout Ratio
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. Starbucks Corporation has company-operated and licensed stores in North America and internationally. The company was founded in 1971 and is based in Seattle, Washington.
Earnings Per Share
As for profitability, Starbucks has a trailing twelve months EPS of $2.92.
PE Ratio
Starbucks has a trailing twelve months price to earnings ratio of 36.71. Meaning, the purchaser of the share is investing $36.71 for every dollar of annual earnings.
Moving Average
Starbucks’s worth is higher than its 50-day moving average of $103.39 and way above its 200-day moving average of $94.69.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 2.12 and the estimated forward annual dividend yield is 1.97%.
Yearly Top and Bottom Value
Starbucks’s stock is valued at $107.19 at 08:23 EST, below its 52-week high of $110.83 and way higher than its 52-week low of $68.39.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Starbucks’s EBITDA is 83.68.
Previous days news about Starbucks (SBUX)
- Unit & comp growth aids Starbucks (sbux), inflation hurts. According to Zacks on Thursday, 13 April, "Despite unfavorable economic conditions, Starbucks is focusing on expansion efforts. ", "Shares of Starbucks Corporation (SBUX Quick QuoteSBUX – Free Report) are riding high on robust North America sales, expansion efforts, digitalization and menu innovation. "
3. Old National Bancorp (ONB)
37.33% Payout Ratio
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.
Earnings Per Share
As for profitability, Old National Bancorp has a trailing twelve months EPS of $1.5.
PE Ratio
Old National Bancorp has a trailing twelve months price to earnings ratio of 9.15. Meaning, the purchaser of the share is investing $9.15 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 10.52%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 32.5% and 19.6%, respectively.
Yearly Top and Bottom Value
Old National Bancorp’s stock is valued at $13.73 at 08:23 EST, way below its 52-week high of $20.19 and higher than its 52-week low of $13.54.
Moving Average
Old National Bancorp’s worth is way under its 50-day moving average of $16.56 and way below its 200-day moving average of $17.19.
4. New York Times (NYT)
34.62% 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 licenses articles, graphics, and photographs to newspapers, magazines and websites; and licenses content to digital aggregators in the business, professional, academic and library markets; third-party digital platforms; and for use in television, films and books. In addition, it engages in the live events business, which hosts events to connect audiences with journalists and outside thought leaders; and digital advertising business that includes direct-sold website, mobile application, podcast, email, and video advertisements. Further, the company offers The Athletic, a sports media product; Cooking, a recipe product; Games, a puzzle games product; and Audm, a read-aloud audio service that are available on mobile applications and websites, as well as Wirecutter, a product review and recommendation product. It also 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 $1.06.
PE Ratio
New York Times has a trailing twelve months price to earnings ratio of 37.47. Meaning, the purchaser of the share is investing $37.47 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 11.07%.
Previous days news about New York Times (NYT)
- According to Zacks on Friday, 14 April, "The consensus estimate for New York Times Co.’s current year EPS has increased 12.6% over the past three months. ", "On the other hand, New York Times Co. belongs to the Publishing – Newspapers industry. "
