(VIANEWS) – Rexford Industrial Realty (REXR), Fidus Investment Corporation (FDUS), First American Corporation (FAF) 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 promise 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. 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 $0.93.
PE Ratio
Rexford Industrial Realty has a trailing twelve months price to earnings ratio of 55.62. Meaning, the purchaser of the share is investing $55.62 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 2.96%.
Yearly Top and Bottom Value
Rexford Industrial Realty’s stock is valued at $51.72 at 14:23 EST, way below its 52-week high of $68.68 and above its 52-week low of $48.74.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.3%, now sitting on 676.69M for the twelve trailing months.
Moving Average
Rexford Industrial Realty’s worth is below its 50-day moving average of $55.50 and below its 200-day moving average of $56.95.
Previous days news about Rexford Industrial Realty (REXR)
- According to Zacks on Monday, 12 June, "Some better-ranked stocks from the REIT sector are Rexford Industrial Realty (REXR Quick QuoteREXR – Free Report) , Stag Industrial (STAG Quick QuoteSTAG – Free Report) and Innovative Industrial Properties (IIPR Quick QuoteIIPR – Free Report) . "
- According to Zacks on Monday, 12 June, "Some better-ranked stocks from the REIT sector are Rexford Industrial Realty (REXR Quick QuoteREXR – Free Report) and EastGroup Properties (EGP Quick QuoteEGP – Free Report) , each carrying a Zacks Rank #2 (Buy). "
- According to Zacks on Tuesday, 13 June, "Some better-ranked stocks from the REIT sector are Rexford Industrial Realty (REXR Quick QuoteREXR – Free Report) , Stag Industrial (STAG Quick QuoteSTAG – Free Report) and Innovative Industrial Properties (IIPR Quick QuoteIIPR – Free Report) . "
2. Fidus Investment Corporation (FDUS)
111.88% Payout Ratio
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
Earnings Per Share
As for profitability, Fidus Investment Corporation has a trailing twelve months EPS of $1.6.
PE Ratio
Fidus Investment Corporation has a trailing twelve months price to earnings ratio of 12.5. Meaning, the purchaser of the share is investing $12.5 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 8.16%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 19, 2023, the estimated forward annual dividend rate is 2.03 and the estimated forward annual dividend yield is 10.3%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 37.2% and 15.7%, respectively.
Volume
Today’s last reported volume for Fidus Investment Corporation is 137286 which is 62.91% above its average volume of 84268.
3. First American Corporation (FAF)
102.99% Payout Ratio
First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, mortgage subservicing, and related products and services, as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in 49 states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, South Korea, and internationally. The Specialty Insurance segment provides property and casualty insurance comprising coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage. It also offers residential service contracts that cover residential systems, such as heating and air conditioning systems, and appliances against failures that occur as the result of normal usage during the coverage period. First American Financial Corporation was founded in 1889 and is headquartered in Santa Ana, California.
Earnings Per Share
As for profitability, First American Corporation has a trailing twelve months EPS of $2.01.
PE Ratio
First American Corporation has a trailing twelve months price to earnings ratio of 28.23. Meaning, the purchaser of the share is investing $28.23 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 4.19%.
Sales Growth
First American Corporation’s sales growth is negative 25.7% for the current quarter and negative 22.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 28.9%, now sitting on 7.02B for the twelve trailing months.
4. Mid (MAA)
87.65% Payout Ratio
MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of September 30, 2022, MAA had ownership interest in 101,769 apartment units, including communities currently in development, across 16 states and the District of Columbia.
Earnings Per Share
As for profitability, Mid has a trailing twelve months EPS of $5.69.
PE Ratio
Mid has a trailing twelve months price to earnings ratio of 26.84. Meaning, the purchaser of the share is investing $26.84 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 10.91%.
5. CNA Financial Corporation (CNA)
49.24% Payout Ratio
CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated standard property and casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products. It also provides property insurance products, such as property, marine, boiler, and machinery coverages; casualty insurance products comprising workers' compensation, general and product liability, commercial auto, and umbrella coverages; specialized loss-sensitive insurance programs and total risk management services; and run-off long term care policies. In addition, the company offers long-tail exposures comprising commercial automobile liability, workers compensation, general and medical professional liability, other professional and management liability, and assumed reinsurance run-off and products liability; and short-tail exposures, such as property, commercial automobile physical damage, marine, surety, and warranty. It markets its products through independent agents, brokers, and general underwriters to small, medium, and large businesses; insurance companies; associations; professionals; and other groups in the marine, oil and gas, construction, manufacturing, life science, property, financial services, healthcare, and technology industries. The company was founded in 1853 and is headquartered in Chicago, Illinois. CNA Financial Corporation operates as a subsidiary of Loews Corporation.
Earnings Per Share
As for profitability, CNA Financial Corporation has a trailing twelve months EPS of $3.29.
PE Ratio
CNA Financial Corporation has a trailing twelve months price to earnings ratio of 11.73. Meaning, the purchaser of the share is investing $11.73 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 9.2%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 4.35%.
Moving Average
CNA Financial Corporation’s worth is under its 50-day moving average of $38.91 and below its 200-day moving average of $40.53.
