The York Water Company And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Fomento Economico Mexicano S.A.B. de C.V. (FMX), Trinity Industries (TRN), The York Water Company (YORW) are the highest payout ratio stocks on this list.

We have collected information about stocks with the highest payout ratio up until now. 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 researching 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. Fomento Economico Mexicano S.A.B. de C.V. (FMX)

248.75% Payout Ratio

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of collers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. Further, it operates small-box retail and food convenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.–) names, as well as pretzels under the Ditsch name. The company was founded in 1890 and is based in Monterrey, Mexico.

Earnings Per Share

As for profitability, Fomento Economico Mexicano S.A.B. de C.V. has a trailing twelve months EPS of $3.29.

PE Ratio

Fomento Economico Mexicano S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 28.88. Meaning, the purchaser of the share is investing $28.88 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 10.56%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 22.7%, now sitting on 673.2B for the twelve trailing months.

2. Trinity Industries (TRN)

90.2% Payout Ratio

Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2022, it had a fleet of 108,440 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Trinity Industries has a trailing twelve months EPS of $1.02.

PE Ratio

Trinity Industries has a trailing twelve months price to earnings ratio of 23.72. Meaning, the purchaser of the share is investing $23.72 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 7.71%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.2%, now sitting on 1.98B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 12, 2023, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 4.3%.

Sales Growth

Trinity Industries’s sales growth is 27.2% for the present quarter and 46.8% for the next.

3. The York Water Company (YORW)

56.24% Payout Ratio

The York Water Company impounds, purifies, and distributes drinking water. It owns and operates two wastewater collection systems; five wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns nine groundwater wells that supply water to customers in the Adams County. It serves customers in the fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries in 51 municipalities within three counties in south-central Pennsylvania. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania.

Earnings Per Share

As for profitability, The York Water Company has a trailing twelve months EPS of $1.4.

PE Ratio

The York Water Company has a trailing twelve months price to earnings ratio of 31.29. Meaning, the purchaser of the share is investing $31.29 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 10.88%.

Moving Average

The York Water Company’s worth is below its 50-day moving average of $44.53 and below its 200-day moving average of $43.82.

4. Seacoast Banking Corporation of Florida (SBCF)

38.55% Payout Ratio

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.

Earnings Per Share

As for profitability, Seacoast Banking Corporation of Florida has a trailing twelve months EPS of $1.67.

PE Ratio

Seacoast Banking Corporation of Florida has a trailing twelve months price to earnings ratio of 13.6. Meaning, the purchaser of the share is investing $13.6 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 7.3%.

Moving Average

Seacoast Banking Corporation of Florida’s value is way below its 50-day moving average of $26.53 and way below its 200-day moving average of $31.02.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 3.17%.

Sales Growth

Seacoast Banking Corporation of Florida’s sales growth is 70.1% for the current quarter and 71.4% for the next.

Volume

Today’s last reported volume for Seacoast Banking Corporation of Florida is 653983 which is 35.3% below its average volume of 1010860.

Leave a Reply

Your email address will not be published. Required fields are marked *