(VIANEWS) - Extra Space Storage (EXR), Magic Software Enterprises Ltd. (MGIC), Glacier Bancorp (GBCI) 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 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. Extra Space Storage (EXR)
82.83% Payout Ratio
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $4.42.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 36.82. Meaning, the purchaser of the share is investing $36.82 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 26.17%.Moving Average
Extra Space Storage's worth is higher than its 50-day moving average of $152.43 and under its 200-day moving average of $174.44.Volume
Today's last reported volume for Extra Space Storage is 685635 which is 34.88% below its average volume of 1053030.
Yearly Top and Bottom Value
Extra Space Storage's stock is valued at $162.79 at 01:23 EST, way below its 52-week high of $222.36 and way above its 52-week low of $139.97.
2. Magic Software Enterprises Ltd. (MGIC)
79.06% Payout Ratio
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; Magic xpc, a hybrid integration platform as a service; Magic SmartUX, a mobile development application platform; and FactoryEye for virtualization of production data. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast management. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors; and public institutions and international agencies. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.
Earnings Per Share
As for profitability, Magic Software Enterprises Ltd. has a trailing twelve months EPS of $0.64.
PE Ratio
Magic Software Enterprises Ltd. has a trailing twelve months price to earnings ratio of 26.09. Meaning, the purchaser of the share is investing $26.09 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 14.8%.Moving Average
Magic Software Enterprises Ltd.'s worth is above its 50-day moving average of $16.33 and under its 200-day moving average of $16.87.Revenue Growth
Year-on-year quarterly revenue growth grew by 19.1%, now sitting on 552.65M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Magic Software Enterprises Ltd.'s EBITDA is 38.34.
3. Glacier Bancorp (GBCI)
67.08% Payout Ratio
Glacier Bancorp, Inc. operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, and individual retirement accounts. The company also provides construction and permanent loans on residential real estate; consumer land or lot acquisition loans; unimproved land and land development loans; and residential builder guidance lines comprising pre-sold and spec-home construction, and lot acquisition loans. In addition, it offers commercial real estate loans to purchase, construct, and finance commercial real estate properties; consumer loans secured by real estate, automobiles, or other assets; paycheck protection program loans; home equity loans consisting of junior lien mortgages, and first and junior lien lines of credit secured by owner-occupied 1-4 family residences; and agriculture loans. Further, the company provides mortgage origination and loan servicing services. It has 224 locations, including 188 branches and 36 loan or administration offices in 75 counties within 8 states comprising Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, and Nevada. The company was founded in 1955 and is headquartered in Kalispell, Montana.
Earnings Per Share
As for profitability, Glacier Bancorp has a trailing twelve months EPS of $3.18.
PE Ratio
Glacier Bancorp has a trailing twelve months price to earnings ratio of 15.09. Meaning, the purchaser of the share is investing $15.09 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 10.63%.Revenue Growth
Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 851.39M for the twelve trailing months.
Sales Growth
Glacier Bancorp's sales growth is 12.5% for the ongoing quarter and 14.8% for the next.
Yearly Top and Bottom Value
Glacier Bancorp's stock is valued at $48.04 at 01:23 EST, way under its 52-week high of $59.70 and above its 52-week low of $44.32.
4. Simulations Plus (SLP)
42.11% Payout Ratio
Simulations Plus, Inc. develops drug discovery and development software for mechanistic modeling and simulation, and prediction of properties of molecules utilizing artificial-intelligence- and machine-learning-based technology worldwide. The company offers GastroPlus, which simulates the absorption, pharmacokinetics (PK), pharmacodynamics, and drug-drug interactions of compounds administered to humans and animals; DDDPlus that simulates in vitro laboratory experiments; and MembranePlus, which simulates laboratory experiments. It also provides PKPlus, a program that provides the functionality needed by pharmaceutical industry scientists to perform the analyses and generate the outputs needed to satisfy regulatory agency requirements for noncompartmental analysis and compartmental PK modelling; ADMET Predictor, a chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, a molecule drawing program or sketcher. In addition, it offers KIWI, a cloud-based web application to organize, process, maintain, and communicate the volume of data and results generated by pharmacologists and scientists over the duration of a drug development program; DILIsym, a quantitative systems pharmacology software; NAFLDsym, a simulation program for analyzing nonalcoholic fatty liver disease; RENAsym for investigating and predicting drug-induced or acute kidney injury; IPFsym, a software tool to treat or cure idiopathic pulmonary fibrosis; and the Monolix Suite, a solution for modeling and simulation. Further, the company provides population modeling and simulation contract research services; and clinical-pharmacology-based consulting services in support of regulatory submissions. It serves pharmaceutical, biotechnology, agrochemical, cosmetics, and food companies, as well as academic and regulatory agencies. The company was founded in 1996 and is headquartered in Lancaster, California.
Earnings Per Share
As for profitability, Simulations Plus has a trailing twelve months EPS of $0.54.
PE Ratio
Simulations Plus has a trailing twelve months price to earnings ratio of 74.87. Meaning, the purchaser of the share is investing $74.87 for every dollar of annual earnings.