Ritchie Bros. Auctioneers Incorporated And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Spirit Realty Capital (SRC), Rogers Communication (RCI), Gold Fields Limited (GFI) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio at the moment. 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 distribute 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. Spirit Realty Capital (SRC)

127.55% Payout Ratio

Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.

Earnings Per Share

As for profitability, Spirit Realty Capital has a trailing twelve months EPS of $2.04.

PE Ratio

Spirit Realty Capital has a trailing twelve months price to earnings ratio of 18.89. Meaning, the purchaser of the share is investing $18.89 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 6.67%.

Yearly Top and Bottom Value

Spirit Realty Capital’s stock is valued at $38.54 at 02:23 EST, way under its 52-week high of $48.24 and way above its 52-week low of $34.31.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Spirit Realty Capital’s EBITDA is 49.9.

Moving Average

Spirit Realty Capital’s value is below its 50-day moving average of $40.82 and under its 200-day moving average of $40.53.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 14.3% and a negative 40%, respectively.

2. Rogers Communication (RCI)

60.24% Payout Ratio

Rogers Communications Inc. operates as a communications and media company in North America. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands. It also provides internet and WiFi services; and smart home monitoring services, such as monitoring, security, automation, energy efficiency, and smart control through a smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and seasonal games through television, smartphones, tablets, personal computers, and other streaming devices, as well as operates Ignite TV and Ignite TV app. Further, it provides residential and small business local telephony services; calling features, such as voicemail, call waiting, and long distance; voice, data networking, Internet protocol, and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; information technology (IT) and network technologies; cable access network services; and telecommunications technical consulting services. Additionally, the company owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 54 AM and FM radio stations. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Rogers Communication has a trailing twelve months EPS of $2.47.

PE Ratio

Rogers Communication has a trailing twelve months price to earnings ratio of 19.77. Meaning, the purchaser of the share is investing $19.77 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 16.29%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.3%, now sitting on 15.4B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 3.01%.

3. Gold Fields Limited (GFI)

43.69% Payout Ratio

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.

Earnings Per Share

As for profitability, Gold Fields Limited has a trailing twelve months EPS of $0.78.

PE Ratio

Gold Fields Limited has a trailing twelve months price to earnings ratio of 19.71. Meaning, the purchaser of the share is investing $19.71 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 17.04%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.2%, now sitting on 4.29B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 0.41 and the estimated forward annual dividend yield is 2.6%.

Yearly Top and Bottom Value

Gold Fields Limited’s stock is valued at $15.37 at 02:23 EST, under its 52-week high of $16.92 and way higher than its 52-week low of $7.03.

4. PotlatchDeltic Corporation (PCH)

38.65% Payout Ratio

PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance.

Earnings Per Share

As for profitability, PotlatchDeltic Corporation has a trailing twelve months EPS of $4.58.

PE Ratio

PotlatchDeltic Corporation has a trailing twelve months price to earnings ratio of 10.45. Meaning, the purchaser of the share is investing $10.45 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 17.62%.

Yearly Top and Bottom Value

PotlatchDeltic Corporation’s stock is valued at $47.84 at 02:23 EST, way below its 52-week high of $58.13 and way above its 52-week low of $39.10.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 94.9% and a negative 89%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.9%, now sitting on 1.33B for the twelve trailing months.

5. Ritchie Bros. Auctioneers Incorporated (RBA)

36.36% Payout Ratio

Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.

Earnings Per Share

As for profitability, Ritchie Bros. Auctioneers Incorporated has a trailing twelve months EPS of $2.86.

PE Ratio

Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 20.57. Meaning, the purchaser of the share is investing $20.57 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 27.09%.

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