(VIANEWS) – STERIS (STE), Cracker Barrel Old Country Store (CBRL), Invesco (IVZ) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up to now. 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. STERIS (STE)
171.96% Payout Ratio
STERIS plc provides infection prevention products and services worldwide. It operates through four segments: Healthcare, Applied Sterilization Technologies, Life Sciences, and Dental. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in the operating room, including surgical tables, lights, and connectivity solutions, as well as equipment management services. It also provides capital equipment installation, maintenance, upgradation, repair, and troubleshooting services; preventive maintenance programs and repair services; instrument and endoscope repair and maintenance services; and custom process improvement consulting and outsourced instrument sterile processing services. The Applied Sterilization Technologies segment provides contract sterilization and testing services for medical device and pharmaceutical manufacturers through a network of approximately 50 contract sterilization and laboratory facilities. The Life Sciences segment designs, manufactures and sells consumable products, such as formulated cleaning chemistries, barrier, sterility assurance products, steam and vaporized hydrogen peroxide sterilizers, and washer disinfectors. This segment also offers equipment installation, maintenance, upgradation, repair, and troubleshooting services; and preventive maintenance programs and repair services. The Dental segment provides hand and electric-powered dental instruments, infection control products, conscious sedation, personal protective equipment, and water quality products for dental suite. The company serves its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers. The company was founded in 1985 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, STERIS has a trailing twelve months EPS of $1.07.
PE Ratio
STERIS has a trailing twelve months price to earnings ratio of 210.92. Meaning, the purchaser of the share is investing $210.92 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 1.68%.
Moving Average
STERIS’s value is above its 50-day moving average of $215.51 and way above its 200-day moving average of $193.72.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 1.6% and positive 2.5% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.4%, now sitting on 4.96B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 12, 2023, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 0.81%.
Previous days news about STERIS (STE)
- Steris (ste) Q1 earnings beat estimates, gross margin falls. According to Zacks on Thursday, 3 August, "Considering the just-completed acquisition of the surgical instrumentation, laparoscopic instrumentation and sterilization container assets from Becton, Dickinson and Company or BD (BDX), STERIS updated its fiscal 2024 guidance."
- According to Zacks on Thursday, 3 August, "BD’s inking of a definitive agreement to sell its Surgical Instrumentation platform to STERIS to simplify its product portfolio and manufacturing network also looks promising."
2. Cracker Barrel Old Country Store (CBRL)
122.93% Payout Ratio
Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company's Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. The company's gift shops comprise various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, cookware, and various other gift items, as well as various candies, preserves, and other food items. As of September 14, 2022, it operated 664 Cracker Barrel stores in 45 states. The company was incorporated in 1969 and is headquartered in Lebanon, Tennessee.
Earnings Per Share
As for profitability, Cracker Barrel Old Country Store has a trailing twelve months EPS of $4.23.
PE Ratio
Cracker Barrel Old Country Store has a trailing twelve months price to earnings ratio of 22.04. Meaning, the purchaser of the share is investing $22.04 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 18.29%.
3. Invesco (IVZ)
54.35% Payout Ratio
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Invesco has a trailing twelve months EPS of $1.36.
PE Ratio
Invesco has a trailing twelve months price to earnings ratio of 12.26. Meaning, the purchaser of the share is investing $12.26 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 5.08%.
Previous days news about Invesco (IVZ)
- According to Zacks on Thursday, 3 August, "For investors seeking momentum, Invesco S&P SmallCap Consumer Staples ETF (PSCC Quick QuotePSCC – Free Report) is probably on radar. "
- According to Zacks on Tuesday, 1 August, "Broder market ETFs like SPDR S&P 500 ETF (SPY Quick QuoteSPY – Free Report) , Invesco QQQ (QQQ Quick QuoteQQQ – Free Report) , iShares Core S&P Total U.S. Stock Market ETF (ITOT Quick QuoteITOT – Free Report) and iShares Russell 2000 ETF (IWM Quick QuoteIWM – Free Report) could now be tapped."
- 3 top invesco mutual funds worth buying now for solid gains. According to Zacks on Tuesday, 1 August, "Thus, from an investment standpoint, we have selected three Invesco mutual funds, which are expected to hedge your portfolio against any economic downturn and provide attractive returns. ", "With a global presence and a proven track record, Invesco offers a wide range of mutual funds, catering to various risk appetites and investment objectives. "
- According to Zacks on Thursday, 3 August, "SPDR S&P Regional Banking ETF (KRE Quick QuoteKRE – Free Report) and Invesco KBW Regional Banking ETF (KBWR Quick QuoteKBWR – Free Report) are two ETFs that can be tapped now on the recent trend shifting in the banking industry."
4. Masco Corporation (MAS)
31.6% Payout Ratio
Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company operates through two segments, Plumbing Products and Decorative Architectural Products. The Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; thermoplastic extrusions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products. This segment provides its products under the DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HÜPPE, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, COBRA PRO, and MASTER PLUMBER brands. The Decorative Architectural Products segment offers paints, primers, specialty coatings, stains, and waterproofing products; cabinet and door hardware, functional hardware, wall plates, hook and rail products, and picture hanging accessories; decorative bath hardware, and shower accessories and doors; and decorative indoor and outdoor lighting fixtures, ceiling fans, landscape lighting, and LED lighting systems. This segment provides its products under the BEHR, KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, KICHLER, and ÉLAN brands. It sells its products to the plumbing, heating, and hardware wholesalers; home centers and online retailers; hardware stores; electrical and landscape distributors; lighting showrooms; building supply outlets; and other mass merchandisers. Masco Corporation was founded in 1929 and is headquartered in Livonia, Michigan.
Earnings Per Share
As for profitability, Masco Corporation has a trailing twelve months EPS of $3.56.
PE Ratio
Masco Corporation has a trailing twelve months price to earnings ratio of 17.21. Meaning, the purchaser of the share is investing $17.21 for every dollar of annual earnings.
Moving Average
Masco Corporation’s worth is higher than its 50-day moving average of $55.74 and way above its 200-day moving average of $51.51.
