(VIANEWS) – Reynolds Consumer Products (REYN), Diana Shipping (DSX), Automatic Data Processing (ADP) 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 investigating 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. Reynolds Consumer Products (REYN)
74.8% Payout Ratio
Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and E-Z Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including blue and clear recycling bags, compostable bags, bags made from recycled materials, and the Hefty EnergyBag Program. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. Reynolds Consumer Products Inc. offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.
Earnings Per Share
As for profitability, Reynolds Consumer Products has a trailing twelve months EPS of $1.05.
PE Ratio
Reynolds Consumer Products has a trailing twelve months price to earnings ratio of 26.56. Meaning, the purchaser of the share is investing $26.56 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.25%.
Volume
Today’s last reported volume for Reynolds Consumer Products is 321947 which is 7.33% below its average volume of 347423.
2. Diana Shipping (DSX)
66.18% Payout Ratio
Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of December 3, 2021, it operated a fleet of 33 dry bulk vessels, including 4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 5 Kamsarmax, and 8 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.
Earnings Per Share
As for profitability, Diana Shipping has a trailing twelve months EPS of $1.35.
PE Ratio
Diana Shipping has a trailing twelve months price to earnings ratio of 2.75. Meaning, the purchaser of the share is investing $2.75 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 27.04%.
Yearly Top and Bottom Value
Diana Shipping’s stock is valued at $3.71 at 02:23 EST, way under its 52-week high of $6.89 and way above its 52-week low of $3.36.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 9, 2023, the estimated forward annual dividend rate is 0.85 and the estimated forward annual dividend yield is 22.91%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 54.8% and a negative 62.5%, respectively.
Previous days news about Diana Shipping (DSX)
- Diana shipping (dsx) Q1 earnings surpass estimates. According to Zacks on Friday, 26 May, "While Diana Shipping has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
3. Automatic Data Processing (ADP)
58.57% Payout Ratio
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
This week, investors will keep their focus on the United States Automatic Data Processing (ADP) Employment data (May), which will release on Thursday.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $7.83.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 27.14. Meaning, the purchaser of the share is investing $27.14 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 82.69%.
Sales Growth
Automatic Data Processing’s sales growth is 6.3% for the current quarter and 7.1% for the next.
4. Bank Nova Scotia Halifax (BNS)
56.49% Payout Ratio
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides online, mobile, and telephone banking services. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
Earnings Per Share
As for profitability, Bank Nova Scotia Halifax has a trailing twelve months EPS of $5.36.
PE Ratio
Bank Nova Scotia Halifax has a trailing twelve months price to earnings ratio of 9.16. Meaning, the purchaser of the share is investing $9.16 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 12.3%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 2, 2023, the estimated forward annual dividend rate is 3.02 and the estimated forward annual dividend yield is 6.13%.
5. Royal Gold (RGLD)
40.28% Payout Ratio
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and cobalt. As of June 30, 2021, the company owned interests in 187 properties on five continents, including interests on 41 producing mines and 17 development stage projects. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, and internationally. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, Royal Gold has a trailing twelve months EPS of $3.6.
PE Ratio
Royal Gold has a trailing twelve months price to earnings ratio of 34.33. Meaning, the purchaser of the share is investing $34.33 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 8.75%.
Sales Growth
Royal Gold’s sales growth is negative 2.9% for the current quarter and 18.3% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Royal Gold’s EBITDA is 16.14.
6. NBT Bancorp (NBTB)
34.71% Payout Ratio
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $3.4.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 10.26. Meaning, the purchaser of the share is investing $10.26 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 12.14%.
Moving Average
NBT Bancorp’s value is above its 50-day moving average of $33.37 and way under its 200-day moving average of $39.63.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 2.3% and a negative 20%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 3.44%.
