(VIANEWS) – Prudential Financial (PRU), Leggett & Platt (LEG), Pepsico (PEP) 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 guarantee 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 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. Prudential Financial (PRU)
364.66% Payout Ratio
Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, and International Businesses segments. The company offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. It also provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee and membership benefits plans, as well as sells accidental death and dismemberment, and other supplemental health solutions; and provides plan administration services in connection with its insurance coverages. In addition, the company develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and agent channels. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.
Earnings Per Share
As for profitability, Prudential Financial has a trailing twelve months EPS of $1.33.
PE Ratio
Prudential Financial has a trailing twelve months price to earnings ratio of 70.41. Meaning, the purchaser of the share is investing $70.41 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 1.35%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 43.8%, now sitting on 63.57B for the twelve trailing months.
Previous days news about Prudential Financial (PRU)
- According to Zacks on Tuesday, 18 July, "Better pricing, prudent underwriting, increased exposure, faster economic recovery on the receding impact of the pandemic and increased vaccinations should benefit MetLife Inc. (MET Quick QuoteMET – Free Report) , American International Group Inc. (AIG Quick QuoteAIG – Free Report) , Prudential Financial Inc. (PRU Quick QuotePRU – Free Report) , Assurant Inc. (AIZ Quick QuoteAIZ – Free Report) and Corebridge Financial, Inc. (CRBG Quick QuoteCRBG – Free Report) . "
2. Leggett & Platt (LEG)
88% Payout Ratio
Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, private label finished mattresses, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.
Earnings Per Share
As for profitability, Leggett & Platt has a trailing twelve months EPS of $2.
PE Ratio
Leggett & Platt has a trailing twelve months price to earnings ratio of 14.95. Meaning, the purchaser of the share is investing $14.95 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 16.35%.
Sales Growth
Leggett & Platt’s sales growth is negative 6.8% for the ongoing quarter and 3.3% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 1.84 and the estimated forward annual dividend yield is 6.23%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.2%, now sitting on 5.04B for the twelve trailing months.
3. Pepsico (PEP)
82.57% Payout Ratio
PepsiCo, Inc. manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, simply granola, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products. The company offers its products primarily under the Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, Aquafina, Emperador, Diet Mountain Dew, Diet Pepsi, Gatorade Zero, Propel, Marias Gamesa, Ruffles, Sabritas, Saladitas, Tostitos, 7UP, Diet 7UP, H2oh!, Manzanita Sol, Mirinda, Pepsi Black, San Carlos, Toddy, Walkers, Chipsy, Kurkure, Sasko, Spekko, White Star, Smith's, Sting, SodaStream, Lubimy Sad, Pepsi, and other brands. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is based in Purchase, New York.
Earnings Per Share
As for profitability, Pepsico has a trailing twelve months EPS of $5.7.
PE Ratio
Pepsico has a trailing twelve months price to earnings ratio of 32.38. Meaning, the purchaser of the share is investing $32.38 for every dollar of annual earnings.
Moving Average
Pepsico’s worth is under its 50-day moving average of $186.74 and above its 200-day moving average of $179.89.
Volume
Today’s last reported volume for Pepsico is 2814800 which is 41.48% below its average volume of 4810340.
Yearly Top and Bottom Value
Pepsico’s stock is valued at $184.59 at 20:23 EST, under its 52-week high of $196.88 and way higher than its 52-week low of $160.98.
4. James River Group Holdings, Ltd. (JRVR)
38.46% Payout Ratio
James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. It operates through Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance on an excess and surplus commercial lines basis in all states and the District of Columbia. This segment distributes its insurance policies primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment provides workers' compensation coverage for building trades, healthcare employees, goods and services, light manufacturing, specialty transportation, and agriculture, as well as fronting and program business. The Casualty Reinsurance segment offers proportional and working layer casualty reinsurance to third parties and other insurance companies. James River Group Holdings, Ltd. was founded in 2002 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, James River Group Holdings, Ltd. has a trailing twelve months EPS of $0.52.
PE Ratio
James River Group Holdings, Ltd. has a trailing twelve months price to earnings ratio of 34.75. Meaning, the purchaser of the share is investing $34.75 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 3.97%.
Moving Average
James River Group Holdings, Ltd.’s worth is under its 50-day moving average of $19.63 and way below its 200-day moving average of $21.46.
Volume
Today’s last reported volume for James River Group Holdings, Ltd. is 44705 which is 75.62% below its average volume of 183422.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.7%, now sitting on 847.35M for the twelve trailing months.
Sales Growth
James River Group Holdings, Ltd.’s sales growth is 24% for the current quarter and 13.5% for the next.
