Safety Insurance Group And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Safety Insurance Group (SAFT), Star Gas Partners, L.P. (SGU), Banco Bradesco (BBD) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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. Safety Insurance Group (SAFT)

150% Payout Ratio

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella and business owner policies, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, Safety Insurance Group has a trailing twelve months EPS of $1.78.

PE Ratio

Safety Insurance Group has a trailing twelve months price to earnings ratio of 40.98. Meaning, the purchaser of the share is investing $40.98 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 4.4%.

Moving Average

Safety Insurance Group’s value is higher than its 50-day moving average of $71.49 and below its 200-day moving average of $78.61.

2. Star Gas Partners, L.P. (SGU)

112.96% Payout Ratio

Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis, as well as provide plumbing services; and installs maintains, and repairs heating and air conditioning equipment. As of September 30, 2022, the company served approximately 415,900 full service residential and commercial home heating oil and propane customers and 75,900 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers. Kestrel Heat, LLC operates as the general partner of the company. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.

Earnings Per Share

As for profitability, Star Gas Partners, L.P. has a trailing twelve months EPS of $0.54.

PE Ratio

Star Gas Partners, L.P. has a trailing twelve months price to earnings ratio of 25.11. Meaning, the purchaser of the share is investing $25.11 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 4.56%.

Moving Average

Star Gas Partners, L.P.’s value is under its 50-day moving average of $13.63 and way higher than its 200-day moving average of $12.01.

Yearly Top and Bottom Value

Star Gas Partners, L.P.’s stock is valued at $13.56 at 14:23 EST, way under its 52-week high of $15.22 and way higher than its 52-week low of $8.00.

Volume

Today’s last reported volume for Star Gas Partners, L.P. is 61512 which is 67.88% above its average volume of 36640.

3. Banco Bradesco (BBD)

58.87% Payout Ratio

Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

Earnings Per Share

As for profitability, Banco Bradesco has a trailing twelve months EPS of $0.34.

PE Ratio

Banco Bradesco has a trailing twelve months price to earnings ratio of 9.24. Meaning, the purchaser of the share is investing $9.24 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 11.73%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 25.3%, now sitting on 79.54B for the twelve trailing months.

Yearly Top and Bottom Value

Banco Bradesco’s stock is valued at $3.14 at 14:23 EST, way under its 52-week high of $4.16 and way above its 52-week low of $2.34.

4. Tootsie Roll Industries (TR)

32.37% Payout Ratio

Tootsie Roll Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, and food and groceries; and supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Tootsie Roll Industries has a trailing twelve months EPS of $1.09.

PE Ratio

Tootsie Roll Industries has a trailing twelve months price to earnings ratio of 31.87. Meaning, the purchaser of the share is investing $31.87 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 9.9%.

5. Agnico Eagle Mines Limited (AEM)

31.5% Payout Ratio

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Agnico Eagle Mines Limited has a trailing twelve months EPS of $5.08.

PE Ratio

Agnico Eagle Mines Limited has a trailing twelve months price to earnings ratio of 9.96. Meaning, the purchaser of the share is investing $9.96 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 13.14%.

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%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 1% and 1%, respectively.

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