(VIANEWS) – Axis Capital Holdings Limited (AXS), Hurco Companies (HURC), Diageo (DEO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 researching 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. Axis Capital Holdings Limited (AXS)
66.67% Payout Ratio
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance products covering offshore energy, cargo, liability, recreational marine, fine art, specie, and hull war; and terrorism, aviation, credit and political risk, and liability insurance products. It also provides professional insurance products that cover directors' and officers' liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, cyber and privacy, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers. In addition, this segment offers accidental death, travel, and specialty health products for employer and affinity groups. The Reinsurance segment offers reinsurance products to insurance companies, including catastrophe reinsurance products; property reinsurance products covering property damage and related losses resulting from natural and man-made perils; professional lines; credit and surety; and motor liability products. This segment also provides agriculture reinsurance products; coverages for various types of construction risks and risks related to erection, testing, and commissioning of machinery and plants during the construction stage; marine and aviation reinsurance products; and personal accident, specialty health, accidental death, travel, life and disability reinsurance products. The company was founded in 2001 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, Axis Capital Holdings Limited has a trailing twelve months EPS of $2.61.
PE Ratio
Axis Capital Holdings Limited has a trailing twelve months price to earnings ratio of 21.39. Meaning, the purchaser of the share is investing $21.39 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 5.04%.
Sales Growth
Axis Capital Holdings Limited’s sales growth is 2% for the present quarter and 7.9% for the next.
Moving Average
Axis Capital Holdings Limited’s worth is above its 50-day moving average of $54.90 and above its 200-day moving average of $55.26.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Axis Capital Holdings Limited’s EBITDA is 1.22.
Previous days news about Axis Capital Holdings Limited (AXS)
- According to Zacks on Thursday, 1 June, "Some other top-ranked stocks from the insurance industry are Kinsale Capital Group, Inc. (KNSL Quick QuoteKNSL – Free Report) , RLI Corp. (RLI Quick QuoteRLI – Free Report) and Axis Capital Holdings Limited (AXS Quick QuoteAXS – Free Report) . "
2. Hurco Companies (HURC)
66.67% Payout Ratio
Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine tools, including vertical machining centers and turning centers. It also provides computer control systems and related software for press brake applications. In addition, the company offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was founded in 1968 and is headquartered in Indianapolis, Indiana.
Earnings Per Share
As for profitability, Hurco Companies has a trailing twelve months EPS of $0.9.
PE Ratio
Hurco Companies has a trailing twelve months price to earnings ratio of 23.63. Meaning, the purchaser of the share is investing $23.63 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 2.55%.
3. Diageo (DEO)
47.12% Payout Ratio
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Ciroc, Buchanan's, Casamigos, J&B, and Ketel One brands. The company operates in North America, Europe, Turkey, Africa, Latin America, the Caribbean, the Asia Pacific, and internationally. The company was incorporated in 1886 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Diageo has a trailing twelve months EPS of $7.78.
PE Ratio
Diageo has a trailing twelve months price to earnings ratio of 21.99. Meaning, the purchaser of the share is investing $21.99 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 38.1%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 1, 2023, the estimated forward annual dividend rate is 3.64 and the estimated forward annual dividend yield is 1.99%.
Moving Average
Diageo’s worth is below its 50-day moving average of $181.02 and below its 200-day moving average of $178.43.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.4%, now sitting on 16.92B for the twelve trailing months.
4. Oracle (ORCL)
42.24% Payout Ratio
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle application licenses; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database, an enterprise database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, MySQL HeatWave, Internet-of-Things, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware services; and consulting and customer services. The company markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation was founded in 1977 and is headquartered in Austin, Texas.
Earnings Per Share
As for profitability, Oracle has a trailing twelve months EPS of $3.03.
PE Ratio
Oracle has a trailing twelve months price to earnings ratio of 35.14. Meaning, the purchaser of the share is investing $35.14 for every dollar of annual earnings.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Oracle’s EBITDA is 68.25.
