(VIANEWS) – The Gabelli Healthcare & Wellness Trust (GRX), Alexander & Baldwin (ALEX), American Homes 4 Rent (AMH) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio up until 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. The Gabelli Healthcare & Wellness Trust (GRX)
230.77% Payout Ratio
The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector. It invests in stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index, S&P 500 Consumer Staples Index, and S&P 500 Health Care Index. The Gabelli Healthcare & Wellness Trust was formed on February 20, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, The Gabelli Healthcare & Wellness Trust has a trailing twelve months EPS of $0.08.
PE Ratio
The Gabelli Healthcare & Wellness Trust has a trailing twelve months price to earnings ratio of 128.88. Meaning, the purchaser of the share is investing $128.88 for every dollar of annual earnings.
Volume
Today’s last reported volume for The Gabelli Healthcare & Wellness Trust is 3983 which is 90.82% below its average volume of 43406.
Yearly Top and Bottom Value
The Gabelli Healthcare & Wellness Trust’s stock is valued at $10.31 at 14:23 EST, below its 52-week high of $10.60 and way higher than its 52-week low of $7.73.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 14, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 7.43%.
Moving Average
The Gabelli Healthcare & Wellness Trust’s value is higher than its 50-day moving average of $9.82 and higher than its 200-day moving average of $9.47.
2. Alexander & Baldwin (ALEX)
123.26% Payout Ratio
Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.
Earnings Per Share
As for profitability, Alexander & Baldwin has a trailing twelve months EPS of $0.72.
PE Ratio
Alexander & Baldwin has a trailing twelve months price to earnings ratio of 26.26. Meaning, the purchaser of the share is investing $26.26 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 5.16%.
Sales Growth
Alexander & Baldwin’s sales growth for the next quarter is negative 7.4%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 20, 2024, the estimated forward annual dividend rate is 0.89 and the estimated forward annual dividend yield is 4.78%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 133.3% and 400%, respectively.
Volume
Today’s last reported volume for Alexander & Baldwin is 184652 which is 46.57% below its average volume of 345638.
3. American Homes 4 Rent (AMH)
98.97% Payout Ratio
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of June 30, 2020, we owned 53,000 single-family properties in selected submarkets in 22 states.
Earnings Per Share
As for profitability, American Homes 4 Rent has a trailing twelve months EPS of $0.97.
PE Ratio
American Homes 4 Rent has a trailing twelve months price to earnings ratio of 39.51. Meaning, the purchaser of the share is investing $39.51 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 5.45%.
Volume
Today’s last reported volume for American Homes 4 Rent is 706646 which is 65.48% below its average volume of 2047550.
Moving Average
American Homes 4 Rent’s value is above its 50-day moving average of $36.27 and above its 200-day moving average of $35.74.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 2.8%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.1%, now sitting on 1.68B for the twelve trailing months.
4. Crown Crafts (CRWS)
66.67% Payout Ratio
Crown Crafts, Inc., through its subsidiaries, operates in the consumer products industry in the United States and internationally. It provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods. The company sells its products primarily to mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs and internet-based retailers through a network of sales force and independent commissioned sales representatives. Crown Crafts, Inc. was incorporated in 1957 and is headquartered in Gonzales, Louisiana.
Earnings Per Share
As for profitability, Crown Crafts has a trailing twelve months EPS of $0.48.
PE Ratio
Crown Crafts has a trailing twelve months price to earnings ratio of 10.07. Meaning, the purchaser of the share is investing $10.07 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 9.71%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 6.62%.
Yearly Top and Bottom Value
Crown Crafts’s stock is valued at $4.84 at 14:23 EST, way below its 52-week high of $5.97 and way higher than its 52-week low of $4.11.
Volume
Today’s last reported volume for Crown Crafts is 9500 which is 38.98% below its average volume of 15569.
5. Meridian Corporation (MRBK)
52.63% Payout Ratio
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as financial planning and wealth management services. Meridian Corporation was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.
Earnings Per Share
As for profitability, Meridian Corporation has a trailing twelve months EPS of $0.95.
PE Ratio
Meridian Corporation 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 6.69%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 12, 2024, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 4.61%.
Volume
Today’s last reported volume for Meridian Corporation is 16582 which is 15.58% above its average volume of 14346.
6. OceanFirst Financial Corp. (OCFC)
48.19% Payout Ratio
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
Earnings Per Share
As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.66.
PE Ratio
OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 9.81. Meaning, the purchaser of the share is investing $9.81 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 6.14%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 5, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 5.04%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 18.8% and a drop 15.6% for the next.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
