(VIANEWS) – Rexford Industrial Realty (REXR), Sandy Spring Bancorp (SASR), Tortoise Energy Infrastructure Corporation (TYG) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up to now. 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. Rexford Industrial Realty (REXR)
139.47% Payout Ratio
Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.
Earnings Per Share
As for profitability, Rexford Industrial Realty has a trailing twelve months EPS of $0.95.
PE Ratio
Rexford Industrial Realty has a trailing twelve months price to earnings ratio of 53.53. Meaning, the purchaser of the share is investing $53.53 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 2.96%.
Sales Growth
Rexford Industrial Realty’s sales growth is 32.2% for the ongoing quarter and 28.5% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 18.2% and 28.6%, respectively.
Volume
Today’s last reported volume for Rexford Industrial Realty is 1156770 which is 35.8% below its average volume of 1801920.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Rexford Industrial Realty’s EBITDA is 18.25.
2. Sandy Spring Bancorp (SASR)
35.23% Payout Ratio
Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities, such as commercial, personal, and medical liability lines. The Investment Management segment offers investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. It also provides personal trust and wealth management services. The company operates a network of approximately 50 locations in Maryland, Northern Virginia, and Washington D.C. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.
Earnings Per Share
As for profitability, Sandy Spring Bancorp has a trailing twelve months EPS of $3.84.
PE Ratio
Sandy Spring Bancorp has a trailing twelve months price to earnings ratio of 5.91. Meaning, the purchaser of the share is investing $5.91 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 11.48%.
3. Tortoise Energy Infrastructure Corporation (TYG)
32.61% Payout Ratio
Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities. The fund primarily invests in securities of publicly traded Master Limited Partnerships and stocks of companies having a market capitalization greater than $100 million. Tortoise Energy Infrastructure Corporation was formed on October 29, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Tortoise Energy Infrastructure Corporation has a trailing twelve months EPS of $8.71.
PE Ratio
Tortoise Energy Infrastructure Corporation has a trailing twelve months price to earnings ratio of 3.24. Meaning, the purchaser of the share is investing $3.24 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 24.39%.
Moving Average
Tortoise Energy Infrastructure Corporation’s value is under its 50-day moving average of $28.60 and below its 200-day moving average of $31.10.
Revenue Growth
Year-on-year quarterly revenue growth grew by 63.8%, now sitting on 13.12M for the twelve trailing months.
Volume
Today’s last reported volume for Tortoise Energy Infrastructure Corporation is 32621 which is 18.26% below its average volume of 39912.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 22, 2023, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 10.29%.
4. Honda (HMC)
31.56% Payout Ratio
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. Its Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. Its Power Product and Other Businesses manufactures and sells power products, such as general purpose engines, lawn mowers, generators, water pumps, brush cutters, tillers, outboard marine engines and snow throwers. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.
Earnings Per Share
As for profitability, Honda has a trailing twelve months EPS of $2.64.
PE Ratio
Honda has a trailing twelve months price to earnings ratio of 11.62. Meaning, the purchaser of the share is investing $11.62 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 6.44%.
Previous days news about Honda (HMC)
- According to Zacks on Monday, 3 July, "Japan’s auto giant Honda (HMC Quick QuoteHMC – Free Report) issued a recall of 1.2 million vehicles in the United States. ", "In a document posted by the U.S. safety regulator, Honda mentioned that the problem is linked to a defect in the communication coaxial cable connector, due to which the rearview camera image may not appear on the dashboard screen. "
