(VIANEWS) – Spirit Realty Capital (SRC), Monarch Casino & Resort (MCRI), Premier Financial Corp. (PFC) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up to 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. Spirit Realty Capital (SRC)
115.22% Payout Ratio
Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.
Earnings Per Share
As for profitability, Spirit Realty Capital has a trailing twelve months EPS of $2.31.
PE Ratio
Spirit Realty Capital has a trailing twelve months price to earnings ratio of 17.62. Meaning, the purchaser of the share is investing $17.62 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 7.39%.
2. Monarch Casino & Resort (MCRI)
112.36% Payout Ratio
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada. It also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. As of February 24, 2021, the company's Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms and suites; 8 food outlets; 2 gourmet coffee and pastry bars; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. Its Atlantis Casino Resort Spa also featured approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. In addition, the company's Monarch Casino Resort Spa Black Hawk featured approximately 60,000 square feet of casino space; approximately 1,200 slot machines; approximately 40 table games; 10 bars and lounges; 4 dining options; 516 guest rooms and suites; banquet and meeting room space; a retail store; a concierge lounge; an upscale spa and pool facility; and a nine-story parking structure with approximately 1,350 spaces, as well as valet parking with a total parking capacity to 1,500 spaces. Monarch Casino & Resort, Inc. was founded in 1972 and is based in Reno, Nevada.
Earnings Per Share
As for profitability, Monarch Casino & Resort has a trailing twelve months EPS of $4.45.
PE Ratio
Monarch Casino & Resort has a trailing twelve months price to earnings ratio of 16.56. Meaning, the purchaser of the share is investing $16.56 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 18.75%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 1.68%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.7%, now sitting on 486.2M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 18.2% and 2.8%, respectively.
3. Premier Financial Corp. (PFC)
46.01% Payout Ratio
Premier Financial Corp., through its subsidiaries, provides various banking services. It offers various demand, checking, money market, certificates of deposits, certificates of deposit account registry service, and savings accounts; and investment products. The company also provides residential real estate loans, commercial real estate loans, commercial loans, home improvement and home equity loans, and consumer loans. In addition, it invests in the U.S. treasury and federal government agency obligations, obligations of states and political subdivisions, mortgage-backed securities that are issued by federal agencies, collateralized mortgage obligations, and corporate bonds. Further, the company offers property and casualty, life, and group health insurance agency services; mezzanine funding services; and online banking services, which include mobile banking, People Pay, online bill pay, and online account opening, as well as the MoneyPass ATM network. It operates through 75 banking center offices and 12 loan offices in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. The company was formerly known as First Defiance Financial Corp. and changed its name to Premier Financial Corp. in June 2020. Premier Financial Corp. was incorporated in 1995 and is headquartered in Defiance, Ohio.
Earnings Per Share
As for profitability, Premier Financial Corp. has a trailing twelve months EPS of $2.65.
PE Ratio
Premier Financial Corp. has a trailing twelve months price to earnings ratio of 7.19. Meaning, the purchaser of the share is investing $7.19 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%.
4. News Corporation (NWSA)
43.48% Payout Ratio
News Corporation, a media and information services company, focuses on creating and distributing content for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and Investor's Business Daily through various media channels, such as newspapers, newswires, websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, videos, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides video sports, entertainment, and news services to pay-TV subscribers and other commercial licensees primarily through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and professional software and service products, as well as financial services. The company is headquartered in New York, New York.
Earnings Per Share
As for profitability, News Corporation has a trailing twelve months EPS of $0.46.
PE Ratio
News Corporation has a trailing twelve months price to earnings ratio of 43.97. Meaning, the purchaser of the share is investing $43.97 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 3.76%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
News Corporation’s EBITDA is 42.99.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 75.7% and positive 33.3% for the next.
5. Vulcan Materials Company (VMC)
34.9% Payout Ratio
Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities. The Asphalt Mix segment offers asphalt mix in Alabama, Arizona, California, New Mexico, Tennessee, and Texas, as well as engages in the asphalt construction paving activity in Alabama, Tennessee, and Texas. The Concrete segment provides ready-mixed concrete in California, Maryland, New Jersey, New York, Oklahoma, Pennsylvania, Texas and Virginia, and Washington D.C. The Calcium segment mines, produces, and sells calcium products for the animal feed, plastics, and water treatment industries. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.
Earnings Per Share
As for profitability, Vulcan Materials Company has a trailing twelve months EPS of $4.67.
PE Ratio
Vulcan Materials Company has a trailing twelve months price to earnings ratio of 47.14. Meaning, the purchaser of the share is investing $47.14 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 9.17%.
Moving Average
Vulcan Materials Company’s worth is higher than its 50-day moving average of $209.12 and way higher than its 200-day moving average of $183.04.
Yearly Top and Bottom Value
Vulcan Materials Company’s stock is valued at $220.16 at 14:23 EST, under its 52-week high of $226.19 and way above its 52-week low of $147.64.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Vulcan Materials Company’s EBITDA is 80.7.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 24.8% and 24.7%, respectively.
6. Univest Financial Corporation (UVSP)
31.46% Payout Ratio
Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking products and services primarily in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment provides a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations. The Wealth Management segment offers investment advisory, financial planning, and trust and brokerage services for private families and individuals, municipal pension plans, retirement plans, and trusts and guardianships. The Insurance segment provides commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services. It serves customers primarily in Bucks, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lehigh, Montgomery, Northampton, Philadelphia, and York counties in Pennsylvania; and Atlantic, Burlington, and Cape May counties in New Jersey through 40 banking offices. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.
Earnings Per Share
As for profitability, Univest Financial Corporation has a trailing twelve months EPS of $2.66.
PE Ratio
Univest Financial Corporation has a trailing twelve months price to earnings ratio of 7.32. Meaning, the purchaser of the share is investing $7.32 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 10.03%.
