(VIANEWS) – Stanley Black & Decker (SWK), Territorial Bancorp (TBNK), The Hershey Company (HSY) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 issue 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. Stanley Black & Decker (SWK)
300% Payout Ratio
Stanley Black & Decker, Inc. engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia. Its Tools & Storage segment offers professional products, including professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products, such as corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as corded and cordless lawn and garden products and related accessories; home products; and hand tools, power tool accessories, and storage products. This segment sells its products through retailers, distributors, dealers, and a direct sales force to professional end users, distributors, dealers, retail consumers, and industrial customers in various industries. The company's Industrial segment provides engineered fastening systems and products to customers in the automotive, manufacturing, electronics, construction, aerospace, and other industries; sells and rents custom pipe handling, joint welding, and coating equipment for use in the construction of large and small diameter pipelines, as well as provides pipeline inspection services; and sells hydraulic tools and performance-driven heavy equipment attachment tools. This segment serves oil and natural gas pipeline industry and other industrial customers. It also sells automatic doors to commercial customers. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in March 2010. Stanley Black & Decker, Inc. was founded in 1843 and is headquartered in New Britain, Connecticut.
Earnings Per Share
As for profitability, Stanley Black & Decker has a trailing twelve months EPS of $9.84.
PE Ratio
Stanley Black & Decker has a trailing twelve months price to earnings ratio of 8.61. Meaning, the purchaser of the share is investing $8.61 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 1.6%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 29, 2022, the estimated forward annual dividend rate is 3.2 and the estimated forward annual dividend yield is 3.65%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 135.7% and a negative 101.1%, respectively.
2. Territorial Bancorp (TBNK)
48.68% Payout Ratio
Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.
Earnings Per Share
As for profitability, Territorial Bancorp has a trailing twelve months EPS of $2.08.
PE Ratio
Territorial Bancorp has a trailing twelve months price to earnings ratio of 11.7. Meaning, the purchaser of the share is investing $11.7 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 6.65%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 13% and a negative 23.1%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.2%, now sitting on 61.15M for the twelve trailing months.
Yearly Top and Bottom Value
Territorial Bancorp’s stock is valued at $24.33 at 07:23 EST, below its 52-week high of $25.60 and way higher than its 52-week low of $17.93.
3. The Hershey Company (HSY)
48.67% Payout Ratio
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, meat snacks, bars and snack bites, mixes, popcorn, and protein bars. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
Earnings Per Share
As for profitability, The Hershey Company has a trailing twelve months EPS of $6.72.
PE Ratio
The Hershey Company has a trailing twelve months price to earnings ratio of 35.62. Meaning, the purchaser of the share is investing $35.62 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 54.31%.
Sales Growth
The Hershey Company’s sales growth is 8.3% for the ongoing quarter and 7.6% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 15, 2023, the estimated forward annual dividend rate is 4.14 and the estimated forward annual dividend yield is 1.76%.
4. Provident Financial Services (PFS)
40.85% Payout Ratio
Provident Financial Services, Inc. operates as the holding company for Provident Bank that provides various banking services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2019, it operated 83 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
Earnings Per Share
As for profitability, Provident Financial Services has a trailing twelve months EPS of $2.35.
PE Ratio
Provident Financial Services has a trailing twelve months price to earnings ratio of 9.9. Meaning, the purchaser of the share is investing $9.9 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 10.66%.
Moving Average
Provident Financial Services’s value is higher than its 50-day moving average of $22.43 and above its 200-day moving average of $22.48.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 3.4% and 3.8%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.4%, now sitting on 496.95M for the twelve trailing months.
Volume
Today’s last reported volume for Provident Financial Services is 382119 which is 5.32% above its average volume of 362815.
5. Fulton Financial Corporation (FULT)
35.93% Payout Ratio
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.67.
PE Ratio
Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing $10.35 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 10.85%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 29, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 3.55%.
