(VIANEWS) – United Fire Group (UFCS), Southern Company (SO), First Financial Bankshares (FFIN) are the highest payout ratio stocks on this list.
We have collected 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. United Fire Group (UFCS)
106.78% Payout Ratio
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.
Earnings Per Share
As for profitability, United Fire Group has a trailing twelve months EPS of $0.59.
PE Ratio
United Fire Group has a trailing twelve months price to earnings ratio of 41.36. Meaning, the purchaser of the share is investing $41.36 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 negative -1.59%.
2. Southern Company (SO)
88.31% Payout Ratio
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. It serves approximately 8.8 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Southern Company has a trailing twelve months EPS of $3.08.
PE Ratio
Southern Company has a trailing twelve months price to earnings ratio of 22.99. Meaning, the purchaser of the share is investing $22.99 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 9.57%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Southern Company’s EBITDA is 4.72.
3. First Financial Bankshares (FFIN)
41.98% Payout Ratio
First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, and time deposits; commercial and industrial, municipal, agricultural, construction and development, farm, non-owner occupied and owner-occupied commercial real estate, residential, and consumer auto and non-auto loans to businesses, professional individuals, and farm and ranch operations. It also provides drive-in and night deposit, remote deposit capture, internet and mobile banking, payroll cards, transmitting funds, and other customary commercial banking services, as well as automated teller machines and safe deposit facilities. In addition, the company offers personal trust services, including wealth management, administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts; and securities brokerage services, as well as administer retirements and employee benefits accounts, such as 401(k) profit-sharing plans and IRAs. Further, the company provides asset management and technology services. As of December 31, 2021, it had 78 financial centers across Texas. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.
Earnings Per Share
As for profitability, First Financial Bankshares has a trailing twelve months EPS of $1.62.
PE Ratio
First Financial Bankshares has a trailing twelve months price to earnings ratio of 16.95. Meaning, the purchaser of the share is investing $16.95 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 16.15%.
Moving Average
First Financial Bankshares’s value is way under its 50-day moving average of $31.46 and way below its 200-day moving average of $37.35.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.3%, now sitting on 511.63M for the twelve trailing months.
Sales Growth
First Financial Bankshares’s sales growth is negative 5% for the present quarter and negative 4.7% for the next.
4. Northrim BanCorp (NRIM)
40.94% Payout Ratio
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement accounts, money market deposit accounts, and certificates of deposit. It also provides family residential mortgages; commercial loans, such as secured and unsecured loans for working capital and expansion; commercial real estate loans; construction loans for commercial real estate projects, and land development and residential subdivision construction loans; and loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, the company offers other services that include consumer online banking, mobile app and mobile deposit, mobile Web and text banking, business online banking, personal finance, online documents, consumer and business debit cards, home equity advantage access cards, and telebanking and automated teller services. Further, it provides personalized checks, overdraft protection from savings accounts, commercial drive-up banking, automatic transfers and payments, people pay, external and wire transfers, bill pay, direct payroll deposits, electronic tax payments, automated clearing house origination and receipt, remote deposit capture, and account reconciliation and positive pay services, as well as merchant and cash management programs, annuity products, and long term investment portfolios. As of December 31, 2020, the company operated 16 branches in Anchorage, the Matanuska-Susitna Valley, Juneau, Fairbanks, Ketchikan, Sitka, and Kenai Peninsula. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.
Earnings Per Share
As for profitability, Northrim BanCorp has a trailing twelve months EPS of $4.91.
PE Ratio
Northrim BanCorp has a trailing twelve months price to earnings ratio of 7.29. Meaning, the purchaser of the share is investing $7.29 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 12.59%.
Yearly Top and Bottom Value
Northrim BanCorp’s stock is valued at $35.78 at 08:23 EST, way below its 52-week high of $56.77 and higher than its 52-week low of $33.29.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 68.7% and a drop 8.5% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 124.65M for the twelve trailing months.
Sales Growth
Northrim BanCorp’s sales growth is 13.5% for the present quarter and negative 3.1% for the next.
5. Johnson Outdoors (JOUT)
31.27% Payout Ratio
Johnson Outdoors Inc. designs, manufactures, and markets camping, diving, watercraft, and marine electronics products worldwide. The company's Fishing segment offers electric motors for trolling or primary propulsion, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing. This segment sells its products under the Minn Kota, Humminbird, and Cannon brands through outdoor specialty and Internet retailers, retail store chains, marine products distributors, original equipment manufacturers, and distributors. Its Camping segment offers consumer, commercial, and military tents and accessories; camping furniture and stoves; other recreational camping products; and portable outdoor cooking systems, as well as acts as a subcontract manufacturer for other providers of military tents. This segment sells its products under the Eureka! and Jetboil brands through independent sales representatives and Internet retailers. The company's Watercraft Recreation segment provides kayaks, canoes, and paddles for family recreation, touring, angling, and tripping through independent specialty and outdoor retailers under the Ocean Kayaks, Old Town, and Carlisle brands. Its Diving segment manufactures and markets underwater diving and snorkeling equipment, including regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels, and accessories under the SCUBAPRO brand name. This segment also provides regular maintenance, product repair, diving education, and travel program services; and sells diving gear to dive training centers, resorts, public safety units, and armed forces. It sells its products through independent specialty dive stores and diving magazines, as well as through Websites. Johnson Outdoors Inc. was founded in 1970 and is headquartered in Racine, Wisconsin.
Earnings Per Share
As for profitability, Johnson Outdoors has a trailing twelve months EPS of $3.87.
PE Ratio
Johnson Outdoors has a trailing twelve months price to earnings ratio of 15.11. Meaning, the purchaser of the share is investing $15.11 for every dollar of annual earnings.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 11, 2023, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 1.93%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Johnson Outdoors’s EBITDA is 0.78.
Moving Average
Johnson Outdoors’s worth is under its 50-day moving average of $60.45 and below its 200-day moving average of $60.71.
