(VIANEWS) – Randgold (GOLD), American Assets Trust (AAT), Consolidated Water Co. Ltd. (CWCO) are the highest payout ratio stocks on this list.
We have gathered information regarding 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. Randgold (GOLD)
916.67% Payout Ratio
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas, Asia, and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Randgold has a trailing twelve months EPS of $0.06.
PE Ratio
Randgold has a trailing twelve months price to earnings ratio of 281.58. Meaning, the purchaser of the share is investing $281.58 for every dollar of annual earnings.
Yearly Top and Bottom Value
Randgold’s stock is valued at $16.90 at 20:23 EST, way below its 52-week high of $21.40 and way above its 52-week low of $13.01.
2. American Assets Trust (AAT)
159.26% Payout Ratio
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.
Earnings Per Share
As for profitability, American Assets Trust has a trailing twelve months EPS of $0.78.
PE Ratio
American Assets Trust has a trailing twelve months price to earnings ratio of 24.15. Meaning, the purchaser of the share is investing $24.15 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 5.28%.
Sales Growth
American Assets Trust’s sales growth is 0.1% for the ongoing quarter and 3.2% for the next.
Volume
Today’s last reported volume for American Assets Trust is 287864 which is 54.22% below its average volume of 628819.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.1%, now sitting on 424.69M for the twelve trailing months.
Yearly Top and Bottom Value
American Assets Trust’s stock is valued at $18.84 at 20:23 EST, way under its 52-week high of $34.28 and way higher than its 52-week low of $16.04.
3. Consolidated Water Co. Ltd. (CWCO)
52.31% Payout Ratio
Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing. It uses reverse osmosis technology to produce potable water from seawater. The company produces and supplies water to end-users, including residential, commercial, and government customers, as well as government-owned distributors. It also provides design, engineering, construction, procurement, and management services for desalination projects and water treatment plants, as well as management and engineering services relating to municipal water distribution and treatment. In addition, the company manufactures and services a range of water-related products, including reverse osmosis desalination equipment, membrane separation equipment, filtration equipment, piping systems, vessels, and custom fabricated components; and provides design, engineering, consulting, management, inspection, training, and equipment maintenance services for commercial, municipal, and industrial water production, supply, and treatment, as well as desalination and wastewater treatment. Consolidated Water Co. Ltd. was incorporated in 1973 and is headquartered in Grand Cayman, the Cayman Islands.
Earnings Per Share
As for profitability, Consolidated Water Co. Ltd. has a trailing twelve months EPS of $0.65.
PE Ratio
Consolidated Water Co. Ltd. has a trailing twelve months price to earnings ratio of 29.78. Meaning, the purchaser of the share is investing $29.78 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 6.57%.
Yearly Top and Bottom Value
Consolidated Water Co. Ltd.’s stock is valued at $19.36 at 20:23 EST, below its 52-week high of $20.58 and way above its 52-week low of $12.55.
Volume
Today’s last reported volume for Consolidated Water Co. Ltd. is 35960 which is 51.7% below its average volume of 74461.
4. FNCB Bancorp (FNCB)
36.32% Payout Ratio
FNCB Bancorp, Inc. operates as the bank holding company for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in Northeastern Pennsylvania. The company offers checking, savings, money market, and certificate of deposit products; and debit cards. It also provides 1-4 family residential loans; construction, land acquisition, and development loans; commercial real estate loans; commercial and industrial loans; consumer loans, such as secured and unsecured installment loans, lines of credit, overdraft protection loans, automobile financing, home equity term loans and lines of credit; and state and political subdivision loans. In addition, the company offers mobile and telephone banking, check imaging, and electronic statement services; online banking products, such as bill payment, internal and external funds transfer, and purchase rewards; remote deposit capture and merchant services; and wealth management services through a third party. As of February 16, 2021, it operated 17 community offices located in Lackawanna, Luzerne and Wayne Counties. The company was formerly known as First National Community Bancorp, Inc. and changed its name to FNCB Bancorp, Inc. in October 2016. FNCB Bancorp, Inc. was founded in 1910 and is headquartered in Dunmore, Pennsylvania.
Earnings Per Share
As for profitability, FNCB Bancorp has a trailing twelve months EPS of $0.92.
PE Ratio
FNCB Bancorp has a trailing twelve months price to earnings ratio of 6.26. Meaning, the purchaser of the share is investing $6.26 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 14.16%.
Yearly Top and Bottom Value
FNCB Bancorp’s stock is valued at $5.76 at 20:23 EST, way below its 52-week high of $9.00 and higher than its 52-week low of $5.51.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 5.99%.
5. NetApp (NTAP)
34.54% Payout Ratio
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, NetApp has a trailing twelve months EPS of $5.79.
PE Ratio
NetApp has a trailing twelve months price to earnings ratio of 11.53. Meaning, the purchaser of the share is investing $11.53 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 129.84%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 4, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 2.86%.
