(VIANEWS) – Watsco (WSO), Nuveen Multi (JMM), Sturm, Ruger & Company (RGR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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. Watsco (WSO)
76.66% Payout Ratio
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. It operates in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
Earnings Per Share
As for profitability, Watsco has a trailing twelve months EPS of $13.1.
PE Ratio
Watsco has a trailing twelve months price to earnings ratio of 35.98. Meaning, the purchaser of the share is investing $35.98 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 22.46%.
Sales Growth
Watsco’s sales growth is 9.6% for the ongoing quarter and 4.8% for the next.
2. Nuveen Multi (JMM)
68.75% Payout Ratio
Nuveen Multi-Market Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in investment grade debt securities such as U.S. agency and privately issued mortgage-backed securities, corporate debt securities, and asset-backed securities. The fund was formerly known as American Income Fund, Inc. Nuveen Multi-Market Income Fund was formed on December 30, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Multi has a trailing twelve months EPS of $0.48.
PE Ratio
Nuveen Multi has a trailing twelve months price to earnings ratio of 12.96. Meaning, the purchaser of the share is investing $12.96 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 -13.83%.
Volume
Today’s last reported volume for Nuveen Multi is 1696 which is 72.37% below its average volume of 6140.
3. Sturm, Ruger & Company (RGR)
49.46% Payout Ratio
Sturm, Ruger & Company, Inc., together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark. The company offers steel investment castings and metal injection molding parts. It sells its firearm products through independent wholesale distributors to commercial sporting market; and castings and MIM parts directly or through manufacturers' representatives. It exports its firearm products through a network of selected commercial distributors and directly to foreign customers comprising primarily of law enforcement agencies and foreign governments. Sturm, Ruger & Company, Inc. was founded in 1949 and is based in Southport, Connecticut.
Earnings Per Share
As for profitability, Sturm, Ruger & Company has a trailing twelve months EPS of $1.86.
PE Ratio
Sturm, Ruger & Company has a trailing twelve months price to earnings ratio of 22.34. Meaning, the purchaser of the share is investing $22.34 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 49.62%.
Sales Growth
Sturm, Ruger & Company’s sales growth is 13.4% for the current quarter and 13.9% for the next.
4. Community Trust Bancorp (CTBI)
42.59% Payout Ratio
Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that provides commercial and personal banking services to small and mid-sized communities. The company accepts time and demand deposits, checking accounts, savings accounts and savings certificates, individual retirement accounts and Keogh plans, and money market accounts. Its loan products include commercial, construction, mortgage, and personal loans; lease-financing, lines of credit, revolving lines of credit, and term loans, as well as other specialized loans, including asset-based financing; residential and commercial real estate loans; and consumer loans. The company also provides cash management, safe deposit boxes rental, and funds transfer services; issues letters of credit; and acts as a trustee of personal trusts, executor of estates, trustee for employee benefit trusts, and paying agent for bond and stock issues, as well as an investment agent and depositor for securities. In addition, it offers securities brokerage, and trust and wealth management services; debit cards; annuity and life insurance products; and repurchase agreements, as well as mobile, telephone, and internet banking services. The company operates seventy-nine banking locations in eastern, northeastern, central, south central Kentucky, southern West Virginia, and northeastern Tennessee; four trust offices across Kentucky; and one trust office in northeastern Tennessee. Community Trust Bancorp, Inc. was founded in 1903 and is headquartered in Pikeville, Kentucky.
Earnings Per Share
As for profitability, Community Trust Bancorp has a trailing twelve months EPS of $4.32.
PE Ratio
Community Trust Bancorp has a trailing twelve months price to earnings ratio of 10.52. Meaning, the purchaser of the share is investing $10.52 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 11.23%.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
