(VIANEWS) – Sun Communities (SUI), Magellan Midstream Partners L.P. Limited Partnership (MMP), Xylem (XYL) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio so far. 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. Sun Communities (SUI)
168.45% Payout Ratio
Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.
Earnings Per Share
As for profitability, Sun Communities has a trailing twelve months EPS of $1.69.
PE Ratio
Sun Communities has a trailing twelve months price to earnings ratio of 93.7. Meaning, the purchaser of the share is investing $93.7 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 3.73%.
2. Magellan Midstream Partners L.P. Limited Partnership (MMP)
96.96% Payout Ratio
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates through Refined Products, Crude Oil, and Marine Storage segments. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent refiners and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, bio-fuel producers, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. The company also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners, marketers, traders, and other end users of petroleum products. As of December 31, 2019, it had 9,800-mile refined products pipeline system with 53 terminals, as well as 25 independent terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 35 million barrels; and 6 marine terminals with an aggregate storage capacity of approximately 31 million barrels. Magellan Midstream Partners, L.P. was founded in 2000 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months EPS of $4.28.
PE Ratio
Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months price to earnings ratio of 12.56. Meaning, the purchaser of the share is investing $12.56 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 49.42%.
3. Xylem (XYL)
50% Payout Ratio
Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, Leopold, Wedeco, and Xylem Vue brand names for the transportation and treatment of water. The Applied Water segment provides pumps, valves, heat exchangers, controls, and dispensing equipment systems under the Goulds Water Technology, Bell & Gossett, A-C Fire Pump, Standard Xchange, Lowara, Jabsco, Xylem Vue and Flojet brand names for residential and commercial building services, and industrial water applications. The Measurement & Control Solutions segment provides smart meters, networked communication devices, and measurement and control technologies, as well as critical infrastructure technologies. It also offers software and services, including cloud-based analytics, remote monitoring and data management, leak detection, condition assessment, asset management, and pressure monitoring solutions, as well as testing equipment and managed services. This segment sells its products under the Pure, Sensus, Smith Blair, WTW, Xylem Vue, and YSI brand names. The company markets and sells its products through a network of direct sales force, resellers, distributors, and value-added solution providers. Xylem Inc. was formerly known as ITT WCO, Inc. and changed its name to Xylem Inc. in May 2011. The company. was incorporated in 2011 and is headquartered in Rye Brook, New York.
Earnings Per Share
As for profitability, Xylem has a trailing twelve months EPS of $1.4.
PE Ratio
Xylem has a trailing twelve months price to earnings ratio of 76.51. Meaning, the purchaser of the share is investing $76.51 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 13.47%.
Yearly Top and Bottom Value
Xylem’s stock is valued at $107.11 at 07:23 EST, below its 52-week high of $118.58 and way higher than its 52-week low of $72.08.
Moving Average
Xylem’s value is below its 50-day moving average of $111.49 and way higher than its 200-day moving average of $94.14.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 5.22B for the twelve trailing months.
4. Lakeland Financial Corporation (LKFN)
39.6% Payout Ratio
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2020, the company operated 50 offices in fifteen counties, including 44 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.
Earnings Per Share
As for profitability, Lakeland Financial Corporation has a trailing twelve months EPS of $4.04.
PE Ratio
Lakeland Financial Corporation has a trailing twelve months price to earnings ratio of 17.71. Meaning, the purchaser of the share is investing $17.71 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 16.3%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 235.37M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 18.5% and 9%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 23, 2023, the estimated forward annual dividend rate is 1.84 and the estimated forward annual dividend yield is 2.57%.
5. Sherwin (SHW)
31.09% Payout Ratio
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. As of February 17, 2022, it operated approximately 5,000 company-operated stores and facilities. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Sherwin has a trailing twelve months EPS of $7.74.
PE Ratio
Sherwin has a trailing twelve months price to earnings ratio of 29.4. Meaning, the purchaser of the share is investing $29.4 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 72.94%.
Yearly Top and Bottom Value
Sherwin’s stock is valued at $227.40 at 07:23 EST, way under its 52-week high of $285.00 and way higher than its 52-week low of $195.24.
Volume
Today’s last reported volume for Sherwin is 1244120 which is 15.83% below its average volume of 1478280.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.8%, now sitting on 22.15B for the twelve trailing months.
