RE/MAX Holdings And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – RE/MAX Holdings (RMAX), Leggett & Platt (LEG), U.S. Bancorp (USB) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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. RE/MAX Holdings (RMAX)

287.5% Payout Ratio

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. It operates through Real Estate, Mortgage, and Marketing Funds segments. The company offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand; and mortgage loan processing software and services under the wemlo brand. It also provides kvCORE platform, which integrates a suite of digital products that enables agents, brokers, and teams to establish and manage client relationships; and RE/MAX University platform, a learning hub designed to help each agent in their professional expertise. The company was founded in 1973 and is headquartered in Denver, Colorado.

Earnings Per Share

As for profitability, RE/MAX Holdings has a trailing twelve months EPS of $0.32.

PE Ratio

RE/MAX Holdings has a trailing twelve months price to earnings ratio of 54.53. Meaning, the purchaser of the share is investing $54.53 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 21.35%.

Yearly Top and Bottom Value

RE/MAX Holdings’s stock is valued at $17.45 at 08:23 EST, way under its 52-week high of $28.25 and higher than its 52-week low of $16.78.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 49% and a negative 32.4%, respectively.

Volume

Today’s last reported volume for RE/MAX Holdings is 93374 which is 32.4% below its average volume of 138144.

Moving Average

RE/MAX Holdings’s value is way under its 50-day moving average of $19.87 and way below its 200-day moving average of $21.09.

2. Leggett & Platt (LEG)

76.65% 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, specialty foams, private label finished mattresses, mattress foundations, 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 Tier 1 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 $2.29.

PE Ratio

Leggett & Platt has a trailing twelve months price to earnings ratio of 13.69. Meaning, the purchaser of the share is investing $13.69 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 18.84%.

Yearly Top and Bottom Value

Leggett & Platt’s stock is valued at $31.35 at 08:23 EST, way under its 52-week high of $41.94 and above its 52-week low of $30.05.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10.3%, now sitting on 5.15B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 60.6% and a negative 38.6%, respectively.

Sales Growth

Leggett & Platt’s sales growth is negative 10.1% for the current quarter and negative 6.8% for the next.

3. U.S. Bancorp (USB)

50.95% Payout Ratio

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Earnings Per Share

As for profitability, U.S. Bancorp has a trailing twelve months EPS of $3.69.

PE Ratio

U.S. Bancorp has a trailing twelve months price to earnings ratio of 9.49. Meaning, the purchaser of the share is investing $9.49 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 10.95%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 3.91%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 16.2% and 15.6%, respectively.

Sales Growth

U.S. Bancorp’s sales growth is 29% for the ongoing quarter and 22.9% for the next.

4. Ericsson (ERIC)

44.44% Payout Ratio

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Cloud Software and Services, Enterprise, and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides active antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and network managed services. The Enterprise segment offers global communications platform including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprise private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Earnings Per Share

As for profitability, Ericsson has a trailing twelve months EPS of $0.54.

PE Ratio

Ericsson has a trailing twelve months price to earnings ratio of 11.09. Meaning, the purchaser of the share is investing $11.09 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 15.9%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 0.26 and the estimated forward annual dividend yield is 4.54%.

Yearly Top and Bottom Value

Ericsson’s stock is valued at $5.99 at 08:23 EST, way below its 52-week high of $9.80 and way higher than its 52-week low of $5.16.

Moving Average

Ericsson’s worth is higher than its 50-day moving average of $5.62 and under its 200-day moving average of $6.37.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 50% and a negative 42.9%, respectively.

5. Old National Bancorp (ONB)

37.33% Payout Ratio

Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.

Earnings Per Share

As for profitability, Old National Bancorp has a trailing twelve months EPS of $1.5.

PE Ratio

Old National Bancorp has a trailing twelve months price to earnings ratio of 9.15. Meaning, the purchaser of the share is investing $9.15 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 10.52%.

Yearly Top and Bottom Value

Old National Bancorp’s stock is valued at $13.73 at 08:23 EST, way below its 52-week high of $20.19 and higher than its 52-week low of $13.54.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 32.5% and 19.6%, respectively.

Volume

Today’s last reported volume for Old National Bancorp is 2432100 which is 13.47% above its average volume of 2143340.

Leave a Reply

Your email address will not be published. Required fields are marked *