WD-40 Company And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – WD-40 Company (WDFC), Lancaster Colony Corporation (LANC), Oconee Federal Financial Corp. (OFED) are the highest payout ratio stocks on this list.

We have congregated information regarding 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. WD-40 Company (WDFC)

72.37% Payout Ratio

WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also provides multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name. In addition, the company offers automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and liquid mildew stain removers and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.

Earnings Per Share

As for profitability, WD-40 Company has a trailing twelve months EPS of $4.37.

PE Ratio

WD-40 Company has a trailing twelve months price to earnings ratio of 46.02. Meaning, the purchaser of the share is investing $46.02 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 30.19%.

2. Lancaster Colony Corporation (LANC)

69.33% Payout Ratio

Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, and Girard's; flatbread wraps and pizza crusts under the Flatout brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; frozen pasta under the Marzetti Frozen Pasta brand; and vegetable and fruit dips under the Marzetti brand. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.

Earnings Per Share

As for profitability, Lancaster Colony Corporation has a trailing twelve months EPS of $4.76.

PE Ratio

Lancaster Colony Corporation has a trailing twelve months price to earnings ratio of 39.75. Meaning, the purchaser of the share is investing $39.75 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 15.32%.

Volume

Today’s last reported volume for Lancaster Colony Corporation is 181524 which is 21.97% above its average volume of 148825.

Yearly Top and Bottom Value

Lancaster Colony Corporation’s stock is valued at $189.19 at 08:23 EST, way under its 52-week high of $220.65 and way above its 52-week low of $118.99.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.2%, now sitting on 1.82B for the twelve trailing months.

Moving Average

Lancaster Colony Corporation’s worth is below its 50-day moving average of $205.10 and below its 200-day moving average of $192.19.

3. Oconee Federal Financial Corp. (OFED)

54.79% Payout Ratio

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia. It offers deposit products, including demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts. The company's loan portfolio comprises one-to-four family and multi-family residential mortgage loans; home equity loans and lines of credit; nonresidential real estate loans; construction and land loans; commercial and industrial loans; agricultural loans; and consumer and other loans. It operates through its executive office and eight branch offices located in Oconee and Pickens Counties, South Carolina; and Stephens and Rabun Counties, Georgia. The company was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. operates as a subsidiary of Oconee Federal, MHC.

Earnings Per Share

As for profitability, Oconee Federal Financial Corp. has a trailing twelve months EPS of $0.73.

PE Ratio

Oconee Federal Financial Corp. has a trailing twelve months price to earnings ratio of 20.55. Meaning, the purchaser of the share is investing $20.55 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 5.35%.

Yearly Top and Bottom Value

Oconee Federal Financial Corp.’s stock is valued at $15.00 at 08:23 EST, way under its 52-week high of $27.00 and higher than its 52-week low of $14.72.

Revenue Growth

Year-on-year quarterly revenue growth declined by 11%, now sitting on 17.05M for the twelve trailing months.

Moving Average

Oconee Federal Financial Corp.’s worth is way under its 50-day moving average of $18.48 and way under its 200-day moving average of $22.50.

4. Oracle (ORCL)

42.24% Payout Ratio

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle application licenses; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database, an enterprise database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, MySQL HeatWave, Internet-of-Things, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware services; and consulting and customer services. The company markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation was founded in 1977 and is headquartered in Austin, Texas.

Earnings Per Share

As for profitability, Oracle has a trailing twelve months EPS of $3.07.

PE Ratio

Oracle has a trailing twelve months price to earnings ratio of 41.12. Meaning, the purchaser of the share is investing $41.12 for every dollar of annual earnings.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 9, 2023, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 1.52%.

5. Accenture (ACN)

38.49% Payout Ratio

Accenture plc, a professional services company, provides strategy and consulting, interactive, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management, intelligent automation comprises robotic process automation, natural language processing, and virtual agents, and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprises turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services. It also provides change management, HR transformation and delivery, organization strategy and design, talent strategy and development, and leadership and culture services; digital commerce; infrastructure services, including cloud infrastructure managed, cloud and data center, network, digital workplace, database platforms, service management, and cloud and infrastructure security services; data-enabled operating models; technology consulting and AI services; and technology consulting services. In addition, the company offers engineering and R&D digitization, smart connected products, product as-a-service enablement, capital projects, intelligent asset management, digital industrial workforce, and autonomous robotic systems; business process outsourcing; and services related to technology innovation. Further, it provides cloud, ecosystem, marketing, security, supply chain management, zero-based transformation, customer experience, finance consulting, mergers and acquisitions, and sustainability services. The company was founded in 1951 and is based in Dublin, Ireland.

Earnings Per Share

As for profitability, Accenture has a trailing twelve months EPS of $11.17.

PE Ratio

Accenture has a trailing twelve months price to earnings ratio of 29. Meaning, the purchaser of the share is investing $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 30.95%.

Yearly Top and Bottom Value

Accenture’s stock is valued at $323.96 at 08:23 EST, above its 52-week high of $322.88.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 8.6% and 8.1%, respectively.

Moving Average

Accenture’s worth is way above its 50-day moving average of $284.93 and way above its 200-day moving average of $277.72.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 11, 2023, the estimated forward annual dividend rate is 4.48 and the estimated forward annual dividend yield is 1.44%.

Previous days news about Accenture (ACN)

  • Accenture (acn) earnings expected to grow: what to know ahead of next week's release. According to Zacks on Thursday, 15 June, "So, this combination indicates that Accenture will most likely beat the consensus EPS estimate.", "For the last reported quarter, it was expected that Accenture would post earnings of $2.49 per share when it actually produced earnings of $2.69, delivering a surprise of +8.03%."

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