(VIANEWS) – CrossAmerica Partners LP (CAPL), Deluxe Corporation (DLX), Paychex (PAYX) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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. CrossAmerica Partners LP (CAPL)
143.84% Payout Ratio
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of March 1, 2021, the company distributed fuel to approximately 1,700 locations; and owned or leased approximately 1,100 sites. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. CrossAmerica Partners LP was founded in 1992 and is based in Allentown, Pennsylvania.
Earnings Per Share
As for profitability, CrossAmerica Partners LP has a trailing twelve months EPS of $1.46.
PE Ratio
CrossAmerica Partners LP has a trailing twelve months price to earnings ratio of 13.36. Meaning, the purchaser of the share is investing $13.36 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 88.46%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 1, 2023, the estimated forward annual dividend rate is 2.1 and the estimated forward annual dividend yield is 10.8%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.8%, now sitting on 4.62B for the twelve trailing months.
2. Deluxe Corporation (DLX)
89.55% Payout Ratio
Deluxe Corporation provides technology-enabled solutions to small businesses and financial institutions in the United States, Canada, Australia, South America, and Europe. It operates through four segments: Payments, Cloud Solutions, Promotional Solutions, and Checks. The company provides treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing, and paperless treasury management solutions, as well as payment exchange, and fraud and security services; web hosting and design services, data-driven marketing solutions and hosted solutions that comprise digital engagement, logo design, financial institution profitability reporting, and business incorporation services. It also offers business forms, accessories, advertising specialties, promotional apparel, retail packaging, and strategic sourcing services; and printed personal and business checks. The company was formerly known as Deluxe Check Printers, Incorporated and changed its name to Deluxe Corporation in 1988. Deluxe Corporation was founded in 1915 and is headquartered in Shoreview, Minnesota.
Earnings Per Share
As for profitability, Deluxe Corporation has a trailing twelve months EPS of $1.34.
PE Ratio
Deluxe Corporation has a trailing twelve months price to earnings ratio of 11.99. Meaning, the purchaser of the share is investing $11.99 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 9.98%.
3. Paychex (PAYX)
76.14% Payout Ratio
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
Earnings Per Share
As for profitability, Paychex has a trailing twelve months EPS of $4.17.
PE Ratio
Paychex has a trailing twelve months price to earnings ratio of 26.94. Meaning, the purchaser of the share is investing $26.94 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 44.96%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.2%, now sitting on 4.92B for the twelve trailing months.
Volume
Today’s last reported volume for Paychex is 1365300 which is 35.93% below its average volume of 2131220.
Yearly Top and Bottom Value
Paychex’s stock is valued at $112.34 at 02:23 EST, way below its 52-week high of $139.47 and above its 52-week low of $104.09.
4. Hamilton Lane Incorporated (HLNE)
53.16% Payout Ratio
Hamilton Lane Incorporated is an investment firm specializing in direct and fund of fund investments. It provides following services: separate accounts (customized to each individual client and structured as single client vehicles); specialized strategies (fund-of-funds, secondaries, co-investments, taft-hartley, distribution management); advisory relationships (including due diligence, strategic portfolio planning, monitoring and reporting services); and reporting and analytics solutions. For direct investments, the firm invests in early, mid and late venture, mature companies, growth equity, emerging growth, distressed debt, later stage, turnarounds, bridge financing, mezzanine financing, and buyouts in middle market companies. For fund of fund investments, it invests in mezzanine, venture capital, private equity, turnaround, secondary investments, real estate, and special situation funds. The firm invests in real estate investments. It also invest in technology, healthcare, education, natural resources, energy and essential consumer goods sectors, cleantech, and environment, community development, and financial empowerment. It invests in private equity markets in North America, Latin America, United States, Western Europe, Middle East, Africa, United Kingdom, Asia, Japan, and Australia. The firm prefer to invest $1 million to $100 million in companies. It prefers to have majority stake in companies. Hamilton Lane Incorporated was founded in 1991 and is based in Philadelphia, Pennsylvania with additional offices across Europe, North America, and Asia.
Earnings Per Share
As for profitability, Hamilton Lane Incorporated has a trailing twelve months EPS of $3.01.
PE Ratio
Hamilton Lane Incorporated has a trailing twelve months price to earnings ratio of 25.87. Meaning, the purchaser of the share is investing $25.87 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 28.54%.
Yearly Top and Bottom Value
Hamilton Lane Incorporated’s stock is valued at $77.87 at 02:23 EST, under its 52-week high of $81.23 and way higher than its 52-week low of $55.81.
Volume
Today’s last reported volume for Hamilton Lane Incorporated is 248297 which is 26.82% above its average volume of 195785.
5. Oracle (ORCL)
44.3% 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 Cerner healthcare, 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 and MySQL 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 $3.1.
PE Ratio
Oracle has a trailing twelve months price to earnings ratio of 37.33. Meaning, the purchaser of the share is investing $37.33 for every dollar of annual earnings.
Volume
Today’s last reported volume for Oracle is 5623110 which is 45.26% below its average volume of 10272800.
Previous days news about Oracle (ORCL)
- According to Zacks on Monday, 3 July, "The investing track of the Oracle of Omaha over the past few decades shows a gradual shift from being a pure-play value investor to a GARP (growth at a reasonable price) investor. "
- Oracle (orcl) provides free certified training for cloud & AI. According to Zacks on Wednesday, 5 July, "Accessible to individuals of all skill levels and available in 13 languages, the curriculum enables learners to acquire in-demand skills, particularly in designing and implementing solutions using Oracle Cloud Infrastructure ("OCI"), AI/ML, data management and Oracle Fusion Applications. ", "Free certifications can be obtained exclusively from Oracle University until Aug 31, 2023, while digital training for OCI will continue to be available at no cost."
6. Southwest Airlines (LUV)
33.64% Payout Ratio
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Southwest Airlines has a trailing twelve months EPS of $1.07.
PE Ratio
Southwest Airlines has a trailing twelve months price to earnings ratio of 34.77. Meaning, the purchaser of the share is investing $34.77 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 6.35%.
Previous days news about Southwest Airlines (LUV)
- According to Zacks on Monday, 3 July, "Some examples are Booking Holdings BKNG, Marriott International (MAR Quick QuoteMAR – Free Report) and Southwest Airlines (LUV Quick QuoteLUV – Free Report) ."
- According to Zacks on Monday, 3 July, "Given this encouraging backdrop, we present three airline stocks, Delta Air Lines, Inc. (DAL Quick QuoteDAL – Free Report) , American Airlines Group Inc. (AAL Quick QuoteAAL – Free Report) and Southwest Airlines (LUV Quick QuoteLUV – Free Report) , which have provided their updated second-quarter 2023 guidance."
- According to MarketWatch on Wednesday, 5 July, "Among the Jets ETF’s more-active components, shares of American Airlines Group Inc. dropped 0.9%, JetBlue Airways Corp. shed 1.0%, Delta Air Lines Inc. gave up 0.7%, Southwest Airlines Co. lost 0.7% and United Airlines Holdings Inc. slid 1.0%."
