(VIANEWS) – V.F. Corporation (VFC), Cracker Barrel Old Country Store (CBRL), Fastenal Company (FAST) 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 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. V.F. Corporation (VFC)
583.87% Payout Ratio
V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work. The company offers outdoor, merino wool and other natural fibers-based, lifestyle, and casual apparel; footwear; equipment; accessories; outdoor-inspired, performance-based, youth culture/action sports-inspired, streetwear, and protective work footwear; handbags, luggage, backpacks, and totes; and work and work-inspired lifestyle apparel and footwear. It provides its products under The North Face, Timberland, Smartwool, Icebreaker, Altra, Vans, Supreme, Kipling, Napapijri, Eastpak, JanSport, Dickies, and Timberland PRO brand names. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through direct-to-consumer operations, including retail stores, concession retail stores, and e-commerce sites, and other digital platforms. V.F. Corporation was founded in 1899 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, V.F. Corporation has a trailing twelve months EPS of $0.3.
PE Ratio
V.F. Corporation has a trailing twelve months price to earnings ratio of 65.02. Meaning, the purchaser of the share is investing $65.02 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 3.68%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 222.2% and a negative 2.7%, respectively.
Yearly Top and Bottom Value
V.F. Corporation’s stock is valued at $19.50 at 08:23 EST, way below its 52-week high of $48.63 and way above its 52-week low of $16.77.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 8, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 6.39%.
Sales Growth
V.F. Corporation’s sales growth is negative 8.5% for the ongoing quarter and negative 0.1% for the next.
2. Cracker Barrel Old Country Store (CBRL)
122.93% Payout Ratio
Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company's Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. The company's gift shops comprise various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, cookware, and various other gift items, as well as various candies, preserves, and other food items. As of September 14, 2022, it operated 664 Cracker Barrel stores in 45 states. The company was incorporated in 1969 and is headquartered in Lebanon, Tennessee.
Earnings Per Share
As for profitability, Cracker Barrel Old Country Store has a trailing twelve months EPS of $4.23.
PE Ratio
Cracker Barrel Old Country Store has a trailing twelve months price to earnings ratio of 22.2. Meaning, the purchaser of the share is investing $22.2 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 18.29%.
3. Fastenal Company (FAST)
65.98% Payout Ratio
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Earnings Per Share
As for profitability, Fastenal Company has a trailing twelve months EPS of $1.94.
PE Ratio
Fastenal Company has a trailing twelve months price to earnings ratio of 30.26. Meaning, the purchaser of the share is investing $30.26 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 34.69%.
Sales Growth
Fastenal Company’s sales growth is 6.3% for the current quarter and 3.5% for the next.
4. Glacier Bancorp (GBCI)
49.25% Payout Ratio
Glacier Bancorp, Inc. operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, and individual retirement accounts. The company also provides construction and permanent loans on residential real estate; consumer land or lot acquisition loans; unimproved land and land development loans; and residential builder guidance lines comprising pre-sold and spec-home construction, and lot acquisition loans. In addition, it offers commercial real estate loans to purchase, construct, and finance commercial real estate properties; consumer loans secured by real estate, automobiles, or other assets; paycheck protection program loans; home equity loans consisting of junior lien mortgages, and first and junior lien lines of credit secured by owner-occupied 1-4 family residences; and agriculture loans. Further, the company provides mortgage origination and loan servicing services. It has 224 locations, including 188 branches and 36 loan or administration offices in 75 counties within 8 states comprising Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, and Nevada. The company was founded in 1955 and is headquartered in Kalispell, Montana.
Earnings Per Share
As for profitability, Glacier Bancorp has a trailing twelve months EPS of $2.71.
PE Ratio
Glacier Bancorp has a trailing twelve months price to earnings ratio of 11.5. Meaning, the purchaser of the share is investing $11.5 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 10.12%.
Volume
Today’s last reported volume for Glacier Bancorp is 602047 which is 27.99% below its average volume of 836108.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 27.5% and a negative 29.2%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 9, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 4.28%.
5. Dolby Laboratories (DLB)
41.94% Payout Ratio
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications.; AVC, a digital video codec with high bandwidth efficiency used in media devices; Dolby AC-4, an audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, communication, and entertainment industries. Further, it offers various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Dolby Laboratories has a trailing twelve months EPS of $2.48.
PE Ratio
Dolby Laboratories has a trailing twelve months price to earnings ratio of 35.63. Meaning, the purchaser of the share is investing $35.63 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 9.78%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 14, 2023, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 1.23%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 19.1% and positive 11.1% for the next.
Moving Average
Dolby Laboratories’s value is above its 50-day moving average of $83.40 and way higher than its 200-day moving average of $77.47.
6. Diamond Hill Investment Group (DHIL)
41.84% Payout Ratio
Diamond Hill Investment Group, Inc., together with its subsidiaries, provides investment advisory and fund administration services in the United States. It sponsors, distributes, and offers investment advisory and related services to its clients. The company also provides fund administration services, including portfolio and regulatory compliance, treasury and financial oversight, and general business management and governance of the mutual fund complex, as well as oversight of back-office service providers, such as the custodian, fund accountant, and transfer agent. The company was founded in 1990 and is based in Columbus, Ohio.
Earnings Per Share
As for profitability, Diamond Hill Investment Group has a trailing twelve months EPS of $14.34.
PE Ratio
Diamond Hill Investment Group has a trailing twelve months price to earnings ratio of 11.95. Meaning, the purchaser of the share is investing $11.95 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 21.9%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 6 and the estimated forward annual dividend yield is 3.55%.
Volume
Today’s last reported volume for Diamond Hill Investment Group is 10491 which is 4.66% below its average volume of 11004.
Yearly Top and Bottom Value
Diamond Hill Investment Group’s stock is valued at $171.41 at 08:23 EST, way below its 52-week high of $197.00 and way higher than its 52-week low of $154.24.
