(VIANEWS) – Primo Water Corporation (PRMW), Ritchie Bros. Auctioneers Incorporated (RBA), Southern Company (SO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a guarantee 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 researching 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. Primo Water Corporation (PRMW)
111.54% Payout Ratio
Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, Renü, Water Event Pure Water Solutions, Canadian Springs, Labrador Source, Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands. It provides its services to residential customers, small and medium-sized businesses, and regional and national corporations and retailers. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida.
Earnings Per Share
As for profitability, Primo Water Corporation has a trailing twelve months EPS of $0.26.
PE Ratio
Primo Water Corporation has a trailing twelve months price to earnings ratio of 48.23. Meaning, the purchaser of the share is investing $48.23 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 3.29%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 31, 2023, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 2.54%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.9%, now sitting on 2.24B for the twelve trailing months.
Moving Average
Primo Water Corporation’s worth is under its 50-day moving average of $13.74 and way below its 200-day moving average of $14.52.
Yearly Top and Bottom Value
Primo Water Corporation’s stock is valued at $12.54 at 20:23 EST, way below its 52-week high of $16.47 and above its 52-week low of $12.15.
2. Ritchie Bros. Auctioneers Incorporated (RBA)
108.16% 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 $0.98.
PE Ratio
Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 58.4. Meaning, the purchaser of the share is investing $58.4 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 3.45%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 30.1%, now sitting on 1.85B for the twelve trailing months.
3. Southern Company (SO)
88.31% Payout Ratio
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. It serves approximately 8.8 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Southern Company has a trailing twelve months EPS of $3.05.
PE Ratio
Southern Company has a trailing twelve months price to earnings ratio of 22.98. Meaning, the purchaser of the share is investing $22.98 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 9.57%.
Volume
Today’s last reported volume for Southern Company is 3045910 which is 25.41% below its average volume of 4083980.
4. Chesapeake Utilities Corporation (CPK)
42.77% Payout Ratio
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
Earnings Per Share
As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.84.
PE Ratio
Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 24.86. Meaning, the purchaser of the share is investing $24.86 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 10.72%.
Sales Growth
Chesapeake Utilities Corporation’s sales growth is 13.5% for the present quarter and 12.3% for the next.
Moving Average
Chesapeake Utilities Corporation’s value is under its 50-day moving average of $126.75 and under its 200-day moving average of $123.02.
Yearly Top and Bottom Value
Chesapeake Utilities Corporation’s stock is valued at $120.31 at 20:23 EST, way below its 52-week high of $138.49 and way above its 52-week low of $105.79.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 2.36 and the estimated forward annual dividend yield is 1.9%.
5. James River Group Holdings, Ltd. (JRVR)
38.46% Payout Ratio
James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. It operates through Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance on an excess and surplus commercial lines basis in all states and the District of Columbia. This segment distributes its insurance policies primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment provides workers' compensation coverage for building trades, healthcare employees, goods and services, light manufacturing, specialty transportation, and agriculture, as well as fronting and program business. The Casualty Reinsurance segment offers proportional and working layer casualty reinsurance to third parties and other insurance companies. James River Group Holdings, Ltd. was founded in 2002 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, James River Group Holdings, Ltd. has a trailing twelve months EPS of $0.52.
PE Ratio
James River Group Holdings, Ltd. has a trailing twelve months price to earnings ratio of 35.12. Meaning, the purchaser of the share is investing $35.12 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 3.97%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 3.8% and 24.4%, respectively.
6. Steven Madden, Ltd. (SHOO)
36.36% Payout Ratio
Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories, and apparel for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden, Steven by Steve Madden, Madden Girl, BB Dakota, Dolce Vita, DV Dolce Vita, Betsey Johnson, GREATS, Blondo, Anne Klein, Mad Love, Superga, Madden NYC, and COOL Planet brands, as well as private label footwear. The company's Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, BB Dakota, Anne Klein, Betsey Johnson, Cejon, Madden NYC, and Dolce Vita brands, as well as private label handbag and accessories to department stores, mass merchants, off-price retailers, online retailers, specialty stores, and independent stores. Its Direct-to-Consumer segment operates Steve Madden and Superga full-price retail stores, Steve Madden outlet stores, and Steve Madden shop-in-shops, as well as digital e-commerce websites, including SteveMadden.com, DolceVita.com, betseyjohnson.com, Blondo.com, GREATS.com, and Superga-USA.com. The company's Licensing segment licenses its Steve Madden, Madden Girl, and Betsey Johnson trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for national chains, specialty retailers, and value-priced retailers. As of December 31, 2021, it owned and operated 214 brick-and-mortar retail stores that included 147 Steve Madden full-price stores, 66 Steve Madden outlet stores, and 1 Superga store, as well as 6 e-commerce websites. Steven Madden, Ltd. was incorporated in 1990 and is headquartered in Long Island City, New York.
Earnings Per Share
As for profitability, Steven Madden, Ltd. has a trailing twelve months EPS of $2.31.
PE Ratio
Steven Madden, Ltd. has a trailing twelve months price to earnings ratio of 14.92. Meaning, the purchaser of the share is investing $14.92 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 21.34%.
Sales Growth
Steven Madden, Ltd.’s sales growth is negative 14% for the current quarter and negative 1.1% for the next.
Moving Average
Steven Madden, Ltd.’s value is above its 50-day moving average of $33.41 and above its 200-day moving average of $32.61.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 25.8% and positive 10.1% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 8, 2023, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 2.45%.
