(VIANEWS) – Chesapeake Granite Wash Trust (CHKR), Waterstone Financial (WSBF), First Trust Enhanced Equity Income Fund (FFA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a promise 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. Chesapeake Granite Wash Trust (CHKR)
100.08% Payout Ratio
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.12.
PE Ratio
Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 3.33. Meaning, the purchaser of the share is investing $3.33 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 53.77%.
Volume
Today’s last reported volume for Chesapeake Granite Wash Trust is 1396 which is 96.38% below its average volume of 38583.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 0.08 and the estimated forward annual dividend yield is 21.04%.
2. Waterstone Financial (WSBF)
71.43% Payout Ratio
Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts. It also provides transaction deposits, interest bearing transaction accounts, demand deposits, non-interest-bearing demand accounts, and time deposits; secured and unsecured lines; commercial real estate construction loans; term loans for working capital, inventory, and general corporate use; and personal term loans and investment services. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale in the secondary market. It also invests in a portfolio of securities include mortgage-backed securities, government-sponsored and private-label enterprise bonds, collateralized mortgage and municipal obligations, and other debt securities. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. The company was founded in 1921 and is based in Wauwatosa, Wisconsin.
Earnings Per Share
As for profitability, Waterstone Financial has a trailing twelve months EPS of $0.63.
PE Ratio
Waterstone Financial has a trailing twelve months price to earnings ratio of 22.71. Meaning, the purchaser of the share is investing $22.71 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 3.46%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.9%, now sitting on 132.56M for the twelve trailing months.
Yearly Top and Bottom Value
Waterstone Financial’s stock is valued at $14.31 at 08:23 EST, under its 52-week high of $15.66 and way higher than its 52-week low of $9.62.
3. First Trust Enhanced Equity Income Fund (FFA)
38.07% Payout Ratio
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was formerly known as First Trust/Fiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, First Trust Enhanced Equity Income Fund has a trailing twelve months EPS of $3.31.
PE Ratio
First Trust Enhanced Equity Income Fund has a trailing twelve months price to earnings ratio of 5.66. Meaning, the purchaser of the share is investing $5.66 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 18.71%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 7.06M for the twelve trailing months.
Yearly Top and Bottom Value
First Trust Enhanced Equity Income Fund’s stock is valued at $18.73 at 08:23 EST, under its 52-week high of $20.44 and way above its 52-week low of $15.84.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 21, 2024, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 7.47%.
4. Blackrock Capital and Income Fund (CII)
34.61% Payout Ratio
BlackRock Enhanced Capital and Income Fund, Inc. is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It also invests through derivatives, with an emphasis on writing call options. The fund was formerly known as Capital & Income Strategies Fund, Inc. BlackRock Enhanced Capital and Income Fund, Inc. was formed on April 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Capital and Income Fund has a trailing twelve months EPS of $3.45.
PE Ratio
Blackrock Capital and Income Fund has a trailing twelve months price to earnings ratio of 5.35. Meaning, the purchaser of the share is investing $5.35 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 18.46%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.6%, now sitting on 10.25M for the twelve trailing months.
Volume
Today’s last reported volume for Blackrock Capital and Income Fund is 193617 which is 114.2% above its average volume of 90387.
5. Columbia Sportswear Company (COLM)
32.26% Payout Ratio
Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports, yoga, golf, and adventure travel. It also offers footwear products that include lightweight hiking boots, trail running shoes, rugged cold weather boots for activities on snow and ice, sandals and shoes for use in water activities, and function-first fashion footwear and casual shoes for everyday use. The company sells its products under the Columbia, Mountain Hard Wear, SOREL, and prAna brand names through the company owned network of branded and outlet retail stores, brand-specific e-commerce sites, and concession-based arrangements with third-parties at branded outlet and shop-in-shop retail locations, as well as through independently operated specialty outdoor and sporting goods stores, sporting goods chains, department store chains, Internet retailers, and international distributors. As of December 31, 2020, it operated approximately 450 retail stores. The company was founded in 1938 and is headquartered in Portland, Oregon.
Earnings Per Share
As for profitability, Columbia Sportswear Company has a trailing twelve months EPS of $3.7.
PE Ratio
Columbia Sportswear Company has a trailing twelve months price to earnings ratio of 21.62. Meaning, the purchaser of the share is investing $21.62 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 12.3%.
Volume
Today’s last reported volume for Columbia Sportswear Company is 364249 which is 22.29% below its average volume of 468733.
6. Republic Bancorp (RBCAA)
31.3% Payout Ratio
Republic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit. Its loan products include residential real estate, commercial real estate, construction and land development, home improvement and home equity, secured and unsecured personal, and aircraft loans. The company also offers credit cards; title insurance and other financial products and services; and memory banking, private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it provides short-term and revolving credit facilities to mortgage bankers; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; and general purpose reloadable prepaid cards through third party service providers. Further, the company offers consumer credit products; and property and casualty insurance products. As of January 28, 2022, it operated 42 full-service banking centers. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.
Earnings Per Share
As for profitability, Republic Bancorp has a trailing twelve months EPS of $4.99.
PE Ratio
Republic Bancorp has a trailing twelve months price to earnings ratio of 11.72. Meaning, the purchaser of the share is investing $11.72 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 10.53%.
Yearly Top and Bottom Value
Republic Bancorp’s stock is valued at $58.47 at 08:23 EST, way under its 52-week high of $69.00 and way higher than its 52-week low of $42.42.
Volume
Today’s last reported volume for Republic Bancorp is 13435 which is 28.38% below its average volume of 18759.
Sales Growth
Republic Bancorp’s sales growth for the next quarter is negative 13%.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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%.
