(VIANEWS) – Himax Technologies (HIMX), Rexford Industrial Realty (REXR), Corning Incorporated (GLW) 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 distribute 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. Himax Technologies (HIMX)
159.85% Payout Ratio
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon micro-displays for augmented reality (AR) devices and head-up displays for automotive industry. In addition, it offers complementary metal oxide semiconductor image sensors and wafer level optics for AR devices, 3D sensing, machine vision, and ultra-low power smart sensing, which are used in various applications, such as mobile phone, tablet, laptop, TV, PC camera, automobile, security, medical devices, home appliance, and Internet of Things. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers. Himax Technologies, Inc. was founded in 2001 and is headquartered in Tainan City, Taiwan.
Earnings Per Share
As for profitability, Himax Technologies has a trailing twelve months EPS of $0.78.
PE Ratio
Himax Technologies has a trailing twelve months price to earnings ratio of 8.65. Meaning, the purchaser of the share is investing $8.65 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 14.21%.
2. 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 57.59. Meaning, the purchaser of the share is investing $57.59 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%.
Previous days news about Rexford Industrial Realty (REXR)
- According to Zacks on Friday, 14 July, "Finally, we will try to figure out how the four major Industrial REITs - Prologis (PLD Quick QuotePLD – Free Report) , Rexford Industrial Realty (REXR Quick QuoteREXR – Free Report) , Americold Realty Trust (COLD Quick QuoteCOLD – Free Report) and EastGroup Properties (EGP Quick QuoteEGP – Free Report) - are likely to have performed in the second quarter and what lies ahead for them."
3. Corning Incorporated (GLW)
102.83% Payout Ratio
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. Corning Incorporated was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. The company was founded in 1851 and is headquartered in Corning, New York.
Earnings Per Share
As for profitability, Corning Incorporated has a trailing twelve months EPS of $1.06.
PE Ratio
Corning Incorporated has a trailing twelve months price to earnings ratio of 31.75. Meaning, the purchaser of the share is investing $31.75 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 7.84%.
Moving Average
Corning Incorporated’s value is higher than its 50-day moving average of $32.46 and above its 200-day moving average of $33.20.
Sales Growth
Corning Incorporated’s sales growth is negative 7.3% for the present quarter and 1.4% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 29, 2023, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.22%.
4. AvalonBay Communities (AVB)
87.95% Payout Ratio
As of March 31, 2023, the Company owned or held a direct or indirect ownership interest in 295 apartment communities containing 88,826 apartment homes in 12 states and the District of Columbia, of which 19 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.
Earnings Per Share
As for profitability, AvalonBay Communities has a trailing twelve months EPS of $7.31.
PE Ratio
AvalonBay Communities has a trailing twelve months price to earnings ratio of 27.03. Meaning, the purchaser of the share is investing $27.03 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 9.22%.
5. E.I. du Pont de Nemours and Company (DD)
61.93% Payout Ratio
DuPont de Nemours, Inc. provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits addressing various steps of the manufacturing process. This segment also provides semiconductor and advanced packaging materials; dielectric and metallization solutions for chip packaging; and silicones for light emitting diode packaging and semiconductor applications; permanent and process chemistries for the fabrication of printed circuit boards to include laminates and substrates, and electroless and electrolytic metallization solutions, as well as patterning solutions, and materials and metallization processes for metal finishing, decorative, and industrial applications. In addition, it offers various materials to manufacture rigid and flexible displays for organic light emitting diode, and other display applications, as well as provides high performance parts, and specialty silicone elastomers, and lubricants to automotive, aerospace, electronics, industrial, and healthcare markets. The Water & Protection segment provides engineered products and integrated systems for worker safety, water purification and separation, transportation, energy, medical packaging and building materials. The Corporate & Other segment offers auto adhesives and fluids; Multibase; and Tedlar products. The company was formerly known as DowDuPont Inc. and changed its name to DuPont de Nemours, Inc. in June 2019. DuPont de Nemours, Inc. was incorporated in 2015 and is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, E.I. du Pont de Nemours and Company has a trailing twelve months EPS of $2.2.
PE Ratio
E.I. du Pont de Nemours and Company has a trailing twelve months price to earnings ratio of 32.97. Meaning, the purchaser of the share is investing $32.97 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 4.08%.
Moving Average
E.I. du Pont de Nemours and Company’s value is above its 50-day moving average of $68.04 and above its 200-day moving average of $67.54.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.8%, now sitting on 12.76B for the twelve trailing months.
6. Darden Restaurants (DRI)
60.5% Payout Ratio
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's Prime Seafood, and Capital Burger brands. Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.
Earnings Per Share
As for profitability, Darden Restaurants has a trailing twelve months EPS of $7.99.
PE Ratio
Darden Restaurants has a trailing twelve months price to earnings ratio of 20.9. Meaning, the purchaser of the share is investing $20.9 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 44.71%.
