(VIANEWS) – National Health Investors (NHI), Columbia Banking System (COLB), Artesian Resources Corporation (ARTNA) 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 issue them.
When researching 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. National Health Investors (NHI)
142.29% Payout Ratio
Incorporated in 1991, National Health Investors, Inc. (NYSE:NHI) is a real estate investment trust specializing in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent living, assisted living and memory care communities, entrance-fee retirement communities, skilled nursing facilities, and specialty hospitals.
Earnings Per Share
As for profitability, National Health Investors has a trailing twelve months EPS of $2.09.
PE Ratio
National Health Investors has a trailing twelve months price to earnings ratio of 23.95. Meaning, the purchaser of the share is investing $23.95 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 8.04%.
Yearly Top and Bottom Value
National Health Investors’s stock is valued at $50.06 at 14:23 EST, way below its 52-week high of $67.16 and higher than its 52-week low of $47.54.
Moving Average
National Health Investors’s value is below its 50-day moving average of $53.40 and under its 200-day moving average of $53.56.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 9% and positive 1675% for the next.
2. Columbia Banking System (COLB)
111.24% Payout Ratio
Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.
Earnings Per Share
As for profitability, Columbia Banking System has a trailing twelve months EPS of $0.89.
PE Ratio
Columbia Banking System has a trailing twelve months price to earnings ratio of 21.34. Meaning, the purchaser of the share is investing $21.34 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 7.8%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 23, 2023, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 7.37%.
Sales Growth
Columbia Banking System’s sales growth is 179.8% for the ongoing quarter and 177.5% for the next.
Volume
Today’s last reported volume for Columbia Banking System is 443215 which is 75.58% below its average volume of 1815400.
3. Artesian Resources Corporation (ARTNA)
64.38% Payout Ratio
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Earnings Per Share
As for profitability, Artesian Resources Corporation has a trailing twelve months EPS of $1.81.
PE Ratio
Artesian Resources Corporation has a trailing twelve months price to earnings ratio of 26.32. Meaning, the purchaser of the share is investing $26.32 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 8.14%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 15, 2023, the estimated forward annual dividend rate is 1.14 and the estimated forward annual dividend yield is 2.38%.
Moving Average
Artesian Resources Corporation’s worth is higher than its 50-day moving average of $47.40 and way under its 200-day moving average of $53.40.
Volume
Today’s last reported volume for Artesian Resources Corporation is 28355 which is 42.91% below its average volume of 49674.
4. Progress Software Corporation (PRGS)
37.84% Payout Ratio
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Earnings Per Share
As for profitability, Progress Software Corporation has a trailing twelve months EPS of $1.85.
PE Ratio
Progress Software Corporation has a trailing twelve months price to earnings ratio of 33.15. Meaning, the purchaser of the share is investing $33.15 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 20.55%.
Yearly Top and Bottom Value
Progress Software Corporation’s stock is valued at $61.33 at 14:23 EST, under its 52-week high of $61.98 and way higher than its 52-week low of $40.33.
Moving Average
Progress Software Corporation’s value is above its 50-day moving average of $58.51 and higher than its 200-day moving average of $55.92.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.17%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.8%, now sitting on 650.82M for the twelve trailing months.
5. Benchmark Electronics (BHE)
35.48% Payout Ratio
Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing, and automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, life cycle testing services, and environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company offers precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing services for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product's life cycle. The company serves original equipment manufacturers in the aerospace and defense, medical technologies, complex industrials, test and instrumentation, telecommunications, and high-end computing industries. It sells its products primarily through direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.
Earnings Per Share
As for profitability, Benchmark Electronics has a trailing twelve months EPS of $1.95.
PE Ratio
Benchmark Electronics has a trailing twelve months price to earnings ratio of 12.92. Meaning, the purchaser of the share is investing $12.92 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 6.53%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 2.61%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 8.8% and a negative 5%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.7%, now sitting on 2.95B for the twelve trailing months.
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%.
