(VIANEWS) – Northern Technologies International Corporation (NTIC), Oil (ODC), Unilever (UL) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee 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. Northern Technologies International Corporation (NTIC)
87.5% 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 $0.32.
PE Ratio
Northern Technologies International Corporation has a trailing twelve months price to earnings ratio of 35. Meaning, the purchaser of the share is investing $35 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 5.49%.
Moving Average
Northern Technologies International Corporation’s value is below its 50-day moving average of $11.52 and under its 200-day moving average of $12.38.
Volume
Today’s last reported volume for Northern Technologies International Corporation is 6668 which is 28.72% above its average volume of 5180.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Northern Technologies International Corporation’s EBITDA is 73.08.
2. Oil (ODC)
61.8% Payout Ratio
Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments, Retail and Wholesale Products Group; and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products that serve as chemical carriers, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names. It also offers animal health and nutrition products for the livestock industry under the Amlan, Calibrin, Varium, Neoprime, MD-09, and Pel-Unite and Pel-Unite Plus brand names; and bleaching clay and purification aid products for bleaching, purification, and filtration applications under the Pure-Flo, Perform, Select, and Ultra-Clear brand names. In addition, the company provides cat litter products, such as scoopable and non-clumping litters under the Cat's Pride and Jonny Cat brand names; industrial and automotive sorbent products from clay, polypropylene, and recycled materials to absorb oil, acid, paint, ink, water, and other liquids under the Oil-Dri brand name; and sports products for use on baseball, softball, football, and soccer fields under the Pro's Choice brand name. Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product users; processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; distributors of animal health and nutrition products; and marketers of consumer products. Oil-Dri Corporation of America was founded in 1941 and is based in Chicago, Illinois.
Earnings Per Share
As for profitability, Oil has a trailing twelve months EPS of $1.78.
PE Ratio
Oil has a trailing twelve months price to earnings ratio of 22.78. Meaning, the purchaser of the share is investing $22.78 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 7.82%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 379.13M for the twelve trailing months.
Moving Average
Oil’s worth is under its 50-day moving average of $40.89 and way above its 200-day moving average of $34.24.
Previous days news about Oil (ODC)
- According to FXStreet on Monday, 12 June, "That said, downbeat prices of Oil and hawkish comments from the Reserve Bank of India (RBI) joined the broad US Dollar weakness to please the USD/INR bears in the last two days. ", "It should be observed that India’s heavy reliance on imported Oil makes INR vulnerable to energy price shifts."
- Crude oil forecast: continues to see a lot of noisy behavior – 12 June 2023. According to DailyForex on Monday, 12 June, "In contrast, the Brent Crude Oil market exhibited a relatively quiet trading session on Friday. ", "Overall, the WTI Crude Oil market is grappling with uncertainties surrounding demand and supply, while the Brent market faces resistance from the 50-Day EMA. "
3. Unilever (UL)
56.56% Payout Ratio
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products, which includes the vitamins, minerals, and supplements. Personal Care segment offers skin cleansing products comprising soap and shower, deodorant and oral care products, such as toothpaste, toothbrush, and mouthwash products. Home Care segment engages in the sale of fabric care including washing powders and liquids, and rinse conditioners; and home and hygiene, fabric enhancers, water and air wellness products. Nutrition segment provides the sale of scratch cooking aids, which includes soups, bouillons, and seasonings; dressings products, such as mayonnaise and ketchup; and beverages and functional nutrition products including Horlicks and Boost, as well as tea products. Ice Cream segment offers ice cream products including in-home and out-of-home ice creams. It offers its products under the AXE, Bango, Ben & Jerry's, Cif, Comfort, Domestos, Dove, Equilibra, Hellmann's, Knorr, LUX, Lifebuoy, Liquid I.V., Love Beauty & Planet, Magnum, OLLY, OMO, Onnit, Rexona, Seventh Generation, SmartPants, Sunsilk, The Vegetarian Butcher, Vaseline, and Wall's brands. The company was founded in 1860 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Unilever has a trailing twelve months EPS of $3.21.
PE Ratio
Unilever has a trailing twelve months price to earnings ratio of 15.68. Meaning, the purchaser of the share is investing $15.68 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 39.9%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.2%, now sitting on 60.07B for the twelve trailing months.
4. Virtus Investment Partners (VRTS)
38.2% Payout Ratio
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
Earnings Per Share
As for profitability, Virtus Investment Partners has a trailing twelve months EPS of $16.48.
PE Ratio
Virtus Investment Partners has a trailing twelve months price to earnings ratio of 11.79. Meaning, the purchaser of the share is investing $11.79 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 10.68%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 27, 2023, the estimated forward annual dividend rate is 6.6 and the estimated forward annual dividend yield is 3.4%.
Volume
Today’s last reported volume for Virtus Investment Partners is 31378 which is 54.04% below its average volume of 68279.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Virtus Investment Partners’s EBITDA is 3.72.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 14.7% and positive 6.6% for the next.
5. The Hackett Group (HCKT)
35.2% Payout Ratio
The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in North America and internationally. It offers best practice intelligence center, an online searchable repository; best practice accelerators that provide web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry for access to fact-based advice on proven approaches and methods; best practice research that provides insights into the proven approaches; and peer interaction comprising member-led webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content, as well as intellectual property as-a-service and Hackett Institute programs. The company's benchmarking services conduct studies for selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, and shared services; and business transformation practices to help clients develop coordinated strategy for achieving performance enhancements across the enterprise. It also provides Oracle EEA solutions for core financial close and consolidation, integrated business planning, and reporting/advanced analytics areas. In addition, the company offers SAP solutions, including planning, architecture, and vendor evaluation and selection through implementation, customization, testing, and integration; post-implementation support, change management, exception management, process transparency, system documentation, and end-user training; off-shore application development, and application maintenance and support services; and OneStream practice that helps clients choose and deploy OneStream XF Platform and Market Place solutions. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.
Earnings Per Share
As for profitability, The Hackett Group has a trailing twelve months EPS of $1.25.
PE Ratio
The Hackett Group has a trailing twelve months price to earnings ratio of 16.5. Meaning, the purchaser of the share is investing $16.5 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 35.98%.
Yearly Top and Bottom Value
The Hackett Group’s stock is valued at $20.63 at 20:23 EST, way under its 52-week high of $23.42 and way above its 52-week low of $17.10.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 21, 2023, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 2.16%.
6. Chevron (CVX)
31.16% Payout Ratio
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and processing, transportation, storage, and marketing of natural gas, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels; transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufactures and markets commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.
Earnings Per Share
As for profitability, Chevron has a trailing twelve months EPS of $18.51.
PE Ratio
Chevron has a trailing twelve months price to earnings ratio of 8.46. Meaning, the purchaser of the share is investing $8.46 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 23.37%.
Moving Average
Chevron’s value is below its 50-day moving average of $161.77 and below its 200-day moving average of $166.77.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 45.9% and a negative 39%, respectively.
Previous days news about Chevron (CVX)
- According to Zacks on Tuesday, 13 June, "Each of these three companies - Chevron (CVX Quick QuoteCVX – Free Report) , ExxonMobil (XOM Quick QuoteXOM – Free Report) and Pioneer Natural Resources Company (PXD Quick QuotePXD – Free Report) - currently carry a Zacks Rank #3 (Hold).", "The only energy component of the Dow Jones Industrial Average, San Ramon, CA-based Chevron is fully integrated, meaning it participates in every aspect related to energy - from oil production, to refining and marketing."
- Chevron (cvx) to churn out more natural gas in Thailand. According to Zacks on Tuesday, 13 June, "It also expects to discover crude oil reserves at the site, which is close to the Pailin gas block where Chevron is already operating.", "Chatit Huayhongtong, the president of the Chevron subsidiary, expressed his confidence in the geological potential of the area. "