(VIANEWS) – Monro (MNRO), Park Electrochemical Corporation (PKE), Sociedad Quimica y Minera S.A. (SQM) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio so far. 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 issue 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)
103.7% 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 $1.08.
PE Ratio
Monro has a trailing twelve months price to earnings ratio of 29.86. Meaning, the purchaser of the share is investing $29.86 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%.
Yearly Top and Bottom Value
Monro ‘s stock is valued at $32.25 at 14:23 EST, way below its 52-week high of $50.64 and way higher than its 52-week low of $22.72.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 7, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.47%.
Sales Growth
Monro ‘s sales growth for the current quarter is 3.4%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Monro ‘s EBITDA is 1.22.
2. Park Electrochemical Corporation (PKE)
101.06% 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 $0.47.
PE Ratio
Park Electrochemical Corporation has a trailing twelve months price to earnings ratio of 31.81. Meaning, the purchaser of the share is investing $31.81 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 7.74%.
Yearly Top and Bottom Value
Park Electrochemical Corporation’s stock is valued at $14.95 at 14:23 EST, below its 52-week high of $16.33 and way above its 52-week low of $11.91.
Revenue Growth
Year-on-year quarterly revenue growth declined by 16.1%, now sitting on 53.2M for the twelve trailing months.
3. Sociedad Quimica y Minera S.A. (SQM)
71.29% Payout Ratio
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, pharmaceutical synthesis, electronics, pigments, and dye components. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives, as well as ingredient in manufacturing of gunpowder. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. Additionally, it offers potassium chloride and potassium sulfate for various crops, including corn, rice, sugar, soybean, and wheat; industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts; and other fertilizers and blends. The company operates in Chile, Latin America and the Caribbean, Europe, North America, Asia, and internationally. Sociedad Química y Minera de Chile S.A. was incorporated in 1968 and is headquartered in Santiago, Chile.
Earnings Per Share
As for profitability, Sociedad Quimica y Minera S.A. has a trailing twelve months EPS of $7.05.
PE Ratio
Sociedad Quimica y Minera S.A. has a trailing twelve months price to earnings ratio of 7.3. Meaning, the purchaser of the share is investing $7.3 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 38.48%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 6, 2023, the estimated forward annual dividend rate is 5.02 and the estimated forward annual dividend yield is 9.77%.
4. PNC Financial Services Group (PNC)
47.69% Payout Ratio
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, digital channels, ATMs, and through phone-based customer contact centers. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; securities underwriting, loan syndications, customer-related trading, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and retirement plan fiduciary investment services for institutional clients. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, PNC Financial Services Group has a trailing twelve months EPS of $12.79.
PE Ratio
PNC Financial Services Group has a trailing twelve months price to earnings ratio of 11.77. Meaning, the purchaser of the share is investing $11.77 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 11.65%.
Sales Growth
PNC Financial Services Group’s sales growth is negative 6.9% for the ongoing quarter and negative 2.9% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.2%, now sitting on 20.75B for the twelve trailing months.
Moving Average
PNC Financial Services Group’s value is higher than its 50-day moving average of $150.14 and way higher than its 200-day moving average of $132.40.
5. Garmin (GRMN)
43.52% Payout Ratio
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds and satellite communicators, golf devices, consumer automotive devices, and dog devices, as well as InReach and Gramin response communication device. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and various services. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products and accessories, digital switching products, and trolling motors. Its Auto segment offers embedded domain controllers and infotainment units; and software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
Earnings Per Share
As for profitability, Garmin has a trailing twelve months EPS of $6.7.
PE Ratio
Garmin has a trailing twelve months price to earnings ratio of 21.17. Meaning, the purchaser of the share is investing $21.17 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 19.52%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Garmin’s EBITDA is 4.85.
6. Bank of New York Mellon (BK)
40.83% Payout Ratio
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Bank of New York Mellon has a trailing twelve months EPS of $3.87.
PE Ratio
Bank of New York Mellon has a trailing twelve months price to earnings ratio of 14.35. Meaning, the purchaser of the share is investing $14.35 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 8.03%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.4%, now sitting on 17.38B for the twelve trailing months.
Previous days news about Bank of New York Mellon (BK)
- According to Zacks on Thursday, 7 March, "A couple of better-ranked stocks from the banking space areThe Bank of New York Mellon (BK Quick QuoteBK – Free Report) andNorthern Trust (NTRS Quick QuoteNTRS – Free Report) . "
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%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
