(VIANEWS) – Primo Water Corporation (PRMW), ManpowerGroup (MAN), Sumitomo Mitsui (SMFG) 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 distribute 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. Primo Water Corporation (PRMW)
155.56% Payout Ratio
Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, Renü, Water Event Pure Water Solutions, Canadian Springs, Labrador Source, Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands. It provides its services to residential customers, small and medium-sized businesses, and regional and national corporations and retailers. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida.
Earnings Per Share
As for profitability, Primo Water Corporation has a trailing twelve months EPS of $0.18.
PE Ratio
Primo Water Corporation has a trailing twelve months price to earnings ratio of 79. Meaning, the purchaser of the share is investing $79 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 2.27%.
Moving Average
Primo Water Corporation’s value is under its 50-day moving average of $15.45 and under its 200-day moving average of $14.31.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Primo Water Corporation’s EBITDA is 1.83.
Volume
Today’s last reported volume for Primo Water Corporation is 1911910 which is 136.66% above its average volume of 807850.
2. ManpowerGroup (MAN)
38.42% Payout Ratio
ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. In addition, the company provides workforce consulting services; contingent staffing and permanent recruitment services; professional resourcing and project-based solutions in information technology, engineering, and finance fields; solutions in the areas of organizational efficiency, individual development, and career mobility; and recruitment process outsourcing, TAPFIN managed, and talent based outsourcing services, as well as Proservia services in the areas of digital services market and IT infrastructure sector. It operates through a network of approximately 2,500 offices in 75 countries and territories. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, ManpowerGroup has a trailing twelve months EPS of $6.94.
PE Ratio
ManpowerGroup has a trailing twelve months price to earnings ratio of 11.66. Meaning, the purchaser of the share is investing $11.66 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 14.98%.
Volume
Today’s last reported volume for ManpowerGroup is 354066 which is 18.42% above its average volume of 298967.
Yearly Top and Bottom Value
ManpowerGroup’s stock is valued at $80.89 at 14:23 EST, way below its 52-week high of $101.53 and way above its 52-week low of $64.00.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.6%, now sitting on 19.83B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 13.3% and a negative 21%, respectively.
3. Sumitomo Mitsui (SMFG)
35% Payout Ratio
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers financing, investment management, risk hedging, and settlement services, as well as financial solutions related to mergers and acquisition, and other advisory services primarily for large, mid, and small-sized corporate clients; various leasing services, including equipment, and operating and leveraged leasing; and digital services, such as robotic process automation and electronic contract services. The Retail Business Unit segment offers wealth management, settlement, consumer finance, and housing loan products and services, as well as business and asset succession services to high-net-worth customers. The Global Business Unit segment offers loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. The Global Markets Business Unit segment offers solutions through foreign exchange products, derivatives, bonds, stocks, and other marketable financial products. It also undertakes asset liability management operations. The company also offers credit card, internet banking, system development and engineering, data processing, management consulting and economic research, and investment advisory and investment trust management services. Sumitomo Mitsui Financial Group, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.
Earnings Per Share
As for profitability, Sumitomo Mitsui has a trailing twelve months EPS of $0.05.
PE Ratio
Sumitomo Mitsui has a trailing twelve months price to earnings ratio of 167.65. Meaning, the purchaser of the share is investing $167.65 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 5.31%.
4. Ituran Location and Control Ltd. (ITRN)
30.77% Payout Ratio
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based services and wireless communications products. The company's Location-Based Services segment provides stolen vehicle recovery and tracking services, which locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and personal locator services that allow customers to protect valuable merchandise and equipment. It also offers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, service platform includes a back-office application, a telematics device installed in the vehicle, mobile apps for both IOS and Android users, as well as usage based insurance. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. Its Wireless Communications Products segment provides Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. As of December 31, 2020, it served approximately 17,680,000 end-users in Israel, Brazil, Argentina, Mexico, Ecuador, Colombia, and the United States. The company was incorporated in 1994 and is headquartered in Azor, Israel.
Earnings Per Share
As for profitability, Ituran Location and Control Ltd. has a trailing twelve months EPS of $1.78.
PE Ratio
Ituran Location and Control Ltd. has a trailing twelve months price to earnings ratio of 12.34. Meaning, the purchaser of the share is investing $12.34 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 27.18%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 19, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 2.48%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 18.6% and 23.3%, respectively.
