(VIANEWS) – CME Group (CME), United Fire Group (UFCS), First Trust New Opportunities MLP & Energy Fund (FPL) 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. CME Group (CME)
108.92% Payout Ratio
CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income and foreign currency trading services. The company also provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts, and cleared swaps products traded through its exchanges; and trade processing and risk mitigation services. In addition, the company offers a range of market data services, including real-time and historical data services. It serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. The company was founded in 1898 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, CME Group has a trailing twelve months EPS of $8.85.
PE Ratio
CME Group has a trailing twelve months price to earnings ratio of 23.67. Meaning, the purchaser of the share is investing $23.67 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 12.03%.
Sales Growth
CME Group’s sales growth is 6.4% for the present quarter and 8.7% for the next.
Yearly Top and Bottom Value
CME Group’s stock is valued at $209.50 at 02:23 EST, below its 52-week high of $223.80 and way above its 52-week low of $175.73.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 7, 2024, the estimated forward annual dividend rate is 8.6 and the estimated forward annual dividend yield is 4.04%.
2. United Fire Group (UFCS)
106.78% Payout Ratio
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.
Earnings Per Share
As for profitability, United Fire Group has a trailing twelve months EPS of $-1.18.
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 -4.03%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 1.1B for the twelve trailing months.
3. First Trust New Opportunities MLP & Energy Fund (FPL)
91.84% Payout Ratio
First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors. The fund primarily invests in equity and debt securities of MLPs and MLP related entities, as well as in dividend paying growth stocks of other energy and energy utilities companies. It benchmarks the performance of its portfolio against the S&P 500 Index, Alerian MLP Total Return Index, and Wells Fargo Midstream MLP Total Return Index. First Trust New Opportunities MLP & Energy Fund was formed on October 15, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, First Trust New Opportunities MLP & Energy Fund has a trailing twelve months EPS of $0.49.
PE Ratio
First Trust New Opportunities MLP & Energy Fund has a trailing twelve months price to earnings ratio of 15.65. Meaning, the purchaser of the share is investing $15.65 for every dollar of annual earnings.
Volume
Today’s last reported volume for First Trust New Opportunities MLP & Energy Fund is 29110 which is 58.75% below its average volume of 70579.
Yearly Top and Bottom Value
First Trust New Opportunities MLP & Energy Fund’s stock is valued at $7.67 at 02:23 EST, under its 52-week high of $7.77 and way higher than its 52-week low of $5.65.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 2, 2023, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 7.25%.
4. Rockwell Automation (ROK)
45.62% Payout Ratio
Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services. The Intelligent Devices segment offers drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software & Control segment provides control and visualization software and hardware, information software, and network and security infrastructure solutions. The Lifecycle Services segment provides consulting, professional services and solutions, and connected and maintenance services. The company sells its solutions primarily through independent distributors in relation with its direct sales force. It serves discrete end markets, including automotive, semiconductor, and warehousing and logistics, as well as general industries comprising printing and publishing, marine, glass, fiber and textiles, airports, and aerospace; hybrid end markets, such as food and beverage, life sciences, household and personal care, and tire, as well as eco industrial, including water/wastewater, waste management, mass transit, and renewable energy; and process end markets comprising oil and gas, mining, metals, chemicals, pulp and paper, and others. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Rockwell Automation has a trailing twelve months EPS of $10.5.
PE Ratio
Rockwell Automation has a trailing twelve months price to earnings ratio of 27.13. Meaning, the purchaser of the share is investing $27.13 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 31.83%.
Volume
Today’s last reported volume for Rockwell Automation is 960136 which is 11.87% below its average volume of 1089500.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 10, 2024, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 1.85%.
Yearly Top and Bottom Value
Rockwell Automation’s stock is valued at $284.82 at 02:23 EST, way below its 52-week high of $348.52 and way above its 52-week low of $252.11.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.6%, now sitting on 9.13B for the twelve trailing months.
Previous days news about Rockwell Automation (ROK)
- According to Zacks on Friday, 26 April, "Copilot for Service and Copilot for Sales are broadly available, helping customer service agents and sellers at companies like Land O’Lakes, Northern Trust, Rockwell Automation and Toyota Group generate role-specific insights and recommendations from across Dynamics 365 and Microsoft 365, as well as third-party platforms like Salesforce, ServiceNow and Zendesk."
5. Western New England Bancorp (WNEB)
40% Payout Ratio
Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including checking, savings, business and municipal savings, money market and business sweep, and individual retirement accounts; time deposits; term certificates of deposit; and interest on lawyers trust accounts. It also offers commercial real estate loans; commercial construction loans; commercial and industrial loans, such as revolving lines of credit, working capital loans, equipment financing and term loans; residential real estate loans; home equity loans; and consumer loans. In addition, the company provides automated teller machines (ATM), telephone and online banking, remote deposit capture, cash management services, overdraft facilities, night deposit services, and safe deposit facilities. As of December 31, 2019, it operated a network of 22 banking offices, 25 free-standing ATMs, and 23 seasonal or temporary ATMS located in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Ludlow, South Hadley, Southwick, Springfield, Ware, West Springfield and Westfield, Massachusetts and Granby and Enfield, Connecticut. The company was formerly known as Westfield Financial, Inc. and changed its name to Western New England Bancorp, Inc. in October 2016. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts.
Earnings Per Share
As for profitability, Western New England Bancorp has a trailing twelve months EPS of $0.7.
PE Ratio
Western New England Bancorp has a trailing twelve months price to earnings ratio of 9.39. Meaning, the purchaser of the share is investing $9.39 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 6.47%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 6, 2024, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 4.29%.
6. The First Bancshares (FBMS)
37.66% Payout Ratio
The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts. The company also provides commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, as well as secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans. In addition, it originates loans to purchase existing residential homes or construct new homes, and to refinance existing mortgages; and provides financial and wealth management services. Further, the company offers internet banking services, automated teller machines, voice response telephone inquiry services, commercial sweep accounts, cash management services, safe deposit boxes, merchant, mobile deposit, direct deposit of payroll and social security checks, automatic drafts for various accounts, and credit card services. It primarily serves small to medium-sized businesses, professional concerns, individuals, associations, organizations, and governmental authorities. As of December 31, 2021, the company operated 90 locations in Mississippi, Alabama, Florida, Georgia, and Louisiana. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.
Earnings Per Share
As for profitability, The First Bancshares has a trailing twelve months EPS of $2.39.
PE Ratio
The First Bancshares has a trailing twelve months price to earnings ratio of 9.87. Meaning, the purchaser of the share is investing $9.87 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 9.46%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 13.5% and a drop 21.1% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 6, 2024, the estimated forward annual dividend rate is 0.94 and the estimated forward annual dividend yield is 3.7%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.2%, now sitting on 281.53M for the twelve trailing months.
Volume
Today’s last reported volume for The First Bancshares is 25285 which is 85.52% below its average volume of 174663.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
