(VIANEWS) – Sun Communities (SUI), Mid (MAA), Standard Register Company (SR) 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 guarantee 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)
204% Payout Ratio
Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of March 31, 2023, the Company owned, operated, or had an interest in a portfolio of 671 developed MH, RV and Marina properties comprising approximately 179,700 developed sites and approximately 47,990 wet slips and dry storage spaces in the U.S., the UK and Canada.
Earnings Per Share
As for profitability, Sun Communities has a trailing twelve months EPS of $1.75.
PE Ratio
Sun Communities has a trailing twelve months price to earnings ratio of 77.61. Meaning, the purchaser of the share is investing $77.61 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 3.18%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.5%, now sitting on 3.04B for the twelve trailing months.
Volume
Today’s last reported volume for Sun Communities is 143934 which is 77.37% below its average volume of 636262.
Sales Growth
Sun Communities’s sales growth is 3% for the ongoing quarter and 6.7% for the next.
2. Mid (MAA)
87.65% Payout Ratio
MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of March 31, 2023, MAA had ownership interest in 101,986 apartment units, including communities currently in development, across 16 states and the District of Columbia.
Earnings Per Share
As for profitability, Mid has a trailing twelve months EPS of $5.69.
PE Ratio
Mid has a trailing twelve months price to earnings ratio of 27.34. Meaning, the purchaser of the share is investing $27.34 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 10.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.1%, now sitting on 2.07B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Mid’s EBITDA is 123.93.
3. Standard Register Company (SR)
60.3% Payout Ratio
Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through two segments, Gas Utility and Gas Marketing. It is also involved in the marketing of natural gas. In addition, the company engages in the transportation of propane through its propane pipeline; risk management; and other activities. Further, it provides physical natural gas storage services. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in Saint Louis, Missouri.
Earnings Per Share
As for profitability, Standard Register Company has a trailing twelve months EPS of $4.66.
PE Ratio
Standard Register Company has a trailing twelve months price to earnings ratio of 13.53. Meaning, the purchaser of the share is investing $13.53 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 8.98%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Standard Register Company’s EBITDA is 25.97.
Volume
Today’s last reported volume for Standard Register Company is 457013 which is 48.41% above its average volume of 307922.
4. VALE (VALE)
35.2% Payout Ratio
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
Earnings Per Share
As for profitability, VALE has a trailing twelve months EPS of $3.19.
PE Ratio
VALE has a trailing twelve months price to earnings ratio of 4.49. Meaning, the purchaser of the share is investing $4.49 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 38.49%.
5. Wells Fargo & Company (WFC)
33.24% Payout Ratio
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Its serves to independent offices and consumer banks. The company was founded in 1852 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Wells Fargo & Company has a trailing twelve months EPS of $3.46.
PE Ratio
Wells Fargo & Company has a trailing twelve months price to earnings ratio of 12.57. Meaning, the purchaser of the share is investing $12.57 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 7.59%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 3, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 2.75%.
Previous days news about Wells Fargo & Company (WFC)
- According to Zacks on Friday, 14 July, "Wells Fargo & Company price-consensus-eps-surprise-chart | Wells Fargo & Company Quote"
6. Independent Bank Corporation (IBCP)
32.48% Payout Ratio
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.74.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 6.19. Meaning, the purchaser of the share is investing $6.19 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 16.14%.
Volume
Today’s last reported volume for Independent Bank Corporation is 54094 which is 39.23% below its average volume of 89027.
Moving Average
Independent Bank Corporation’s value is below its 50-day moving average of $17.12 and way below its 200-day moving average of $20.48.
