Ritchie Bros. Auctioneers Incorporated And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Delek US Holdings (DK), Foot Locker (FL), Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (LND) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 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. Delek US Holdings (DK)

308.33% Payout Ratio

Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates in three segments: Refining, Logistics, and Retail. The Refining segment processes crude oil and other purchased feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal. It owns and operates four independent refineries located in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana, as well as three biodiesel facilities in Crossett, Arkansas, Cleburne, Texas, and New Albany. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. It owns or leases capacity on approximately 400 miles of crude oil transportation pipe, and lines, approximately 450 miles of refined product pipelines, an approximately 900-mile crude oil gathering system, and associated crude oil storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity; and owns and operates nine light product distribution terminals, as well as markets light products using third-party terminals. The Retail segment owns and leases 253 convenience store sites located primarily in Texas and New Mexico. Its convenience stores offer various grades of gasoline and diesel under the DK or Alon brand; and food products and service, tobacco products, non-alcoholic and alcoholic beverages, and general merchandise, as well as money orders to the public primarily under the 7-Eleven and DK or Alon brand names. It serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, the U.S. government, and independent retail fuel operators. Delek US Holdings, Inc. was founded in 2001 and is headquartered in Brentwood, Tennessee.

Earnings Per Share

As for profitability, Delek US Holdings has a trailing twelve months EPS of $-1.17.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -4.7%.

Yearly Top and Bottom Value

Delek US Holdings’s stock is valued at $27.45 at 14:23 EST, way below its 52-week high of $33.60 and way higher than its 52-week low of $21.39.

Revenue Growth

Year-on-year quarterly revenue growth declined by 17.8%, now sitting on 16.22B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 3.64%.

Moving Average

Delek US Holdings’s worth is under its 50-day moving average of $29.50 and under its 200-day moving average of $27.52.

2. Foot Locker (FL)

183.91% Payout Ratio

Foot Locker, Inc., through its subsidiaries, operates as an athletic footwear and apparel retailer. The company engages in the retail of athletic footwear, apparel, accessories, equipment, and team licensed merchandise under the Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, Footaction, and Sidestep brand names. As of January 29, 2022, it operated 2,858 retail stores in 28 countries across the United States, Canada, Europe, Australia, New Zealand, and Asia; and 142 franchised Foot Locker stores located in the Middle East and Asia. The company also offers its products through various e-commerce sites and mobile apps. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Foot Locker has a trailing twelve months EPS of $-3.51.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -10.67%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 82.9% and a negative 100%, respectively.

Moving Average

Foot Locker’s worth is above its 50-day moving average of $23.22 and below its 200-day moving average of $24.47.

Sales Growth

Foot Locker’s sales growth for the current quarter is negative 5.4%.

3. Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (LND)

138.15% Payout Ratio

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil. The company operates through six segments: Real Estate, Grains, Sugarcane, Cattle Raising, Cotton, and Other. It is involved in the cultivation of soybean, corn, sorghum, and cotton, as well as sugarcane; and production and sale of beef calves after weaning. The company has 10 farms in 6 Brazilian states and 1 farm in Paraguay with a total area of 215,330 hectares of own lands and 53,735 hectares of leased lands. It also imports and exports agricultural products and inputs; purchases, sells, and/or rents properties, land, buildings, and real estate in rural and/or urban areas; provides real estate brokerage services; and manages third-party assets. The company was incorporated in 2005 and is headquartered in Sao Paulo, Brazil.

Earnings Per Share

As for profitability, Brasilagro Brazilian Agric Real Estate Co Sponsored ADR has a trailing twelve months EPS of $0.46.

PE Ratio

Brasilagro Brazilian Agric Real Estate Co Sponsored ADR has a trailing twelve months price to earnings ratio of 10.59. Meaning, the purchaser of the share is investing $10.59 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 11.85%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 36.1%, now sitting on 1.13B for the twelve trailing months.

4. Golden Ocean Group Limited (GOGL)

89.29% Payout Ratio

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $0.56.

PE Ratio

Golden Ocean Group Limited has a trailing twelve months price to earnings ratio of 25.27. Meaning, the purchaser of the share is investing $25.27 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 5.85%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 750% and 100%, respectively.

Sales Growth

Golden Ocean Group Limited’s sales growth is 47.9% for the current quarter and negative 13.3% for the next.

Moving Average

Golden Ocean Group Limited’s value is higher than its 50-day moving average of $13.63 and way higher than its 200-day moving average of $10.19.

5. Ericsson (ERIC)

71.99% Payout Ratio

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Earnings Per Share

As for profitability, Ericsson has a trailing twelve months EPS of $-0.75.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -21.47%.

Volume

Today’s last reported volume for Ericsson is 14286600 which is 15.42% below its average volume of 16891700.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 4, 2024, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 4.07%.

Previous days news about Ericsson (ERIC)

  • Ericsson's (eric) vonage elevates endress+hauser's client support. According to Zacks on Friday, 7 June, "Vonage, the wholly owned subsidiary of Ericsson (ERIC Quick QuoteERIC – Free Report) , recently announced that a Switzerland-based process and laboratory automation supplier, Endress+Hauser, has opted to deploy the Vonage contact center solution. ", "In 2022, Ericsson completed the buyout of Vonage to expand its presence in the wireless enterprise market. "

6. Ritchie Bros. Auctioneers Incorporated (RBA)

58.38% Payout Ratio

RB Global, Inc., an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution. The company's brands include GovPlanet, an online marketplace for the sale of government and military assets; RB Auction, an onsite and online marketplace for selling and buying used equipment; IronPlanet, an online marketplace for selling and buying used equipment; Marketplace-E, an online solution that make offers/buy now format; Rouse Appraisals, a certified appraisal service solution; Ritchie List Mascus, an online equipment listing service and B2B dealer portal; CSAToday, an online reporting and analysis tool that gives sellers the ability to manage their vehicle assets and monitor sales performance; and Catastrophe Response Services. In addition, it offers title, data, transportation and logistics, refurbishing, inspection, and financial services. It serves customers across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. RB Global, Inc. was founded in 1958 and is headquartered in Westchester, Illinois.

Earnings Per Share

As for profitability, Ritchie Bros. Auctioneers Incorporated has a trailing twelve months EPS of $1.84.

PE Ratio

Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 39.94. Meaning, the purchaser of the share is investing $39.94 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 6.26%.

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of $1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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 1%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

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