(VIANEWS) – Monro (MNRO), Park Electrochemical Corporation (PKE), Blackrock Health Sciences Trust (BME) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio at the moment. 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. Monro (MNRO)
100.9% Payout Ratio
Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services; routine maintenance services on passenger cars, light trucks, and vans; products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. The company also provides auto maintenance services, including oil change, lubrication and fluid, motor vehicle safety inspection, auto emissions test, and air conditioners inspection services; and auto repair services for fuel and ignition systems, wheel alignment, suspension system, air conditioners. In addition, it offers heating and cooling systems, transmission flush and fills, batteries, alternators, and starters, as well as belt and hose installation, and scheduled maintenance services. The company operates its stores under the brand names of Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Tire Barn Warehouse, and Free Service Tire & Auto Centers. As of March 27, 2021, it operated 1,263 company-operated stores, 96 franchised locations, seven wholesale locations, and three retread facilities in 32 states. The company was formerly known as Monro Muffler Brake, Inc. and changed its name to Monro, Inc. in August 2017. Monro, Inc. was founded in 1957 and is headquartered in Rochester, New York.
Earnings Per Share
As for profitability, Monro has a trailing twelve months EPS of $1.11.
PE Ratio
Monro has a trailing twelve months price to earnings ratio of 23.97. Meaning, the purchaser of the share is investing $23.97 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 4.83%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.5%, now sitting on 1.3B for the twelve trailing months.
Yearly Top and Bottom Value
Monro ‘s stock is valued at $26.61 at 08:23 EST, way below its 52-week high of $55.70 and higher than its 52-week low of $25.43.
2. Park Electrochemical Corporation (PKE)
88.24% Payout Ratio
Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.
Earnings Per Share
As for profitability, Park Electrochemical Corporation has a trailing twelve months EPS of $0.51.
PE Ratio
Park Electrochemical Corporation has a trailing twelve months price to earnings ratio of 29.69. Meaning, the purchaser of the share is investing $29.69 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 8.54%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10%, now sitting on 55.43M for the twelve trailing months.
Volume
Today’s last reported volume for Park Electrochemical Corporation is 43974 which is 39.25% below its average volume of 72387.
Yearly Top and Bottom Value
Park Electrochemical Corporation’s stock is valued at $15.14 at 08:23 EST, way under its 52-week high of $16.92 and way higher than its 52-week low of $10.41.
Moving Average
Park Electrochemical Corporation’s worth is above its 50-day moving average of $14.57 and higher than its 200-day moving average of $13.93.
3. Blackrock Health Sciences Trust (BME)
74.3% Payout Ratio
BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services. It also invests through equity derivatives, with an emphasis on option writing. The fund benchmarks the performance of its portfolio against the Russell 3000 Healthcare Index. BlackRock Health Sciences Trust was formed on March 31, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Health Sciences Trust has a trailing twelve months EPS of $3.44.
PE Ratio
Blackrock Health Sciences Trust has a trailing twelve months price to earnings ratio of 11.41. Meaning, the purchaser of the share is investing $11.41 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 8.1%.
Yearly Top and Bottom Value
Blackrock Health Sciences Trust’s stock is valued at $39.26 at 08:23 EST, way under its 52-week high of $45.50 and higher than its 52-week low of $38.37.
4. AmeriServ Financial (ASRV)
48% Payout Ratio
AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, and money orders. The company also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers. In addition, the company offers personal trust products and services, including personal portfolio investment management, estate planning and administration, custodial services, and pre-need trusts; institutional trust products and services comprising 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts; financial services consisting of the sale of mutual funds, annuities, and insurance products; and union collective investment funds to invest union pension dollars in construction projects that utilize union labor. Further, it engages in underwriting as reinsurer of credit life and disability insurance. The company operates through a network of 17 banking locations in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania, and Washington County, Maryland; and operates 18 automated bank teller machines. AmeriServ Financial, Inc. is headquartered in Johnstown, Pennsylvania.
Earnings Per Share
As for profitability, AmeriServ Financial has a trailing twelve months EPS of $0.25.
PE Ratio
AmeriServ Financial has a trailing twelve months price to earnings ratio of 10.4. Meaning, the purchaser of the share is investing $10.4 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 4.17%.
Volume
Today’s last reported volume for AmeriServ Financial is 2759 which is 86.29% below its average volume of 20137.
Yearly Top and Bottom Value
AmeriServ Financial’s stock is valued at $2.60 at 08:23 EST, way below its 52-week high of $4.12 and above its 52-week low of $2.41.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 3, 2023, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 4.58%.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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 1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
