(VIANEWS) – Duke Energy (DUK), RLJ Lodging Trust (RLJ), A.O. Smith Corporation (AOS) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio so far. The payout ratio in itself isn’t a promise 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. Duke Energy (DUK)
81.97% Payout Ratio
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments, Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel to generate electricity. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Duke Energy has a trailing twelve months EPS of $4.88.
PE Ratio
Duke Energy has a trailing twelve months price to earnings ratio of 18.96. Meaning, the purchaser of the share is investing $18.96 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 7.58%.
Sales Growth
Duke Energy’s sales growth is negative 1% for the present quarter and 7.6% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Duke Energy’s EBITDA is 5.13.
Volume
Today’s last reported volume for Duke Energy is 2903900 which is 2.75% below its average volume of 2986070.
Previous days news about Duke Energy (DUK)
- According to Zacks on Thursday, 15 June, "Apart from FirstEnergy, other electric power companies like Xcel Energy, Inc. (XEL Quick QuoteXEL – Free Report) , Exelon Corporation (EXC Quick QuoteEXC – Free Report) and Duke Energy (DUK Quick QuoteDUK – Free Report) are also adopting measures to strengthen their existing infrastructure."
2. RLJ Lodging Trust (RLJ)
73.08% Payout Ratio
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
Earnings Per Share
As for profitability, RLJ Lodging Trust has a trailing twelve months EPS of $0.26.
PE Ratio
RLJ Lodging Trust has a trailing twelve months price to earnings ratio of 41.79. Meaning, the purchaser of the share is investing $41.79 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 2.83%.
Moving Average
RLJ Lodging Trust’s value is above its 50-day moving average of $10.44 and under its 200-day moving average of $11.15.
Earnings Before Interest, Taxes, Depreciation, and Amortization
RLJ Lodging Trust’s EBITDA is 3.15.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 2.94%.
Sales Growth
RLJ Lodging Trust’s sales growth is 9.8% for the present quarter and 6.7% for the next.
3. A.O. Smith Corporation (AOS)
72.96% Payout Ratio
A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World. The company offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; residential and commercial boilers for space heating applications in hospitals, schools, hotels, and other commercial buildings; and water treatment products, including on-the-go filtration bottles, point-of-use carbon and reverse osmosis products, point-of-entry water softeners, and whole-home water filtration products for residences, restaurants, hotels, and offices. It also provides food and beverage filtration products; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and heat pumps, combi-boilers, solar tank units, and air purification products. The company offers its products primarily under the A. O. Smith, State, Lochinvar, and water softener brands. It distributes its products through independent wholesale plumbing distributors, as well as through retail channels consisting of hardware and home center chains, and manufacturer representative firms; and offers Aquasana branded products directly to consumers through e-commerce, as well as other online retailers. The company was founded in 1874 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, A.O. Smith Corporation has a trailing twelve months EPS of $1.68.
PE Ratio
A.O. Smith Corporation has a trailing twelve months price to earnings ratio of 40.54. Meaning, the purchaser of the share is investing $40.54 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 13.49%.
Volume
Today’s last reported volume for A.O. Smith Corporation is 309962 which is 72.61% below its average volume of 1131750.
Sales Growth
A.O. Smith Corporation’s sales growth is negative 0.2% for the current quarter and 3.4% for the next.
4. McCormick & Company (MKC)
60.73% Payout Ratio
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Hunt Valley, Maryland.
Earnings Per Share
As for profitability, McCormick & Company has a trailing twelve months EPS of $2.47.
PE Ratio
McCormick & Company has a trailing twelve months price to earnings ratio of 37.54. Meaning, the purchaser of the share is investing $37.54 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 14.02%.
Yearly Top and Bottom Value
McCormick & Company’s stock is valued at $92.74 at 08:23 EST, below its 52-week high of $93.00 and way higher than its 52-week low of $70.60.
5. First Bancorp (FNLC)
49.85% Payout Ratio
The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial real estate loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; commercial construction loans to finance construction of owner- and non-owner occupied commercial real estate properties; and other commercial loans, which include revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment. In addition, it offers municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles, as well as unsecured short-term time notes. Further, the company provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as payment processing services. It operates through 18 full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.
Earnings Per Share
As for profitability, First Bancorp has a trailing twelve months EPS of $3.37.
PE Ratio
First Bancorp has a trailing twelve months price to earnings ratio of 7.64. Meaning, the purchaser of the share is investing $7.64 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 16.12%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 5, 2023, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 5.31%.
Yearly Top and Bottom Value
First Bancorp’s stock is valued at $25.75 at 08:23 EST, way under its 52-week high of $32.05 and way higher than its 52-week low of $22.50.
Moving Average
First Bancorp’s value is above its 50-day moving average of $24.55 and below its 200-day moving average of $28.09.
