(VIANEWS) – Luxfer Holdings PLC (LXFR), VOC Energy Trust Units of Beneficial Interest (VOC), Eaton Vance Risk (ETJ) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until 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 distribute them.
When investigating 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. Luxfer Holdings PLC (LXFR)
140.54% Payout Ratio
Luxfer Holdings PLC, a materials technology company, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas cylinders for transportation, defense and emergency response, healthcare, and general industrial end-market applications. It operates in two segments, Gas Cylinders and Elektron. The Gas Cylinders segment manufactures and markets aluminum, titanium, and carbon composite cylinders, which are used for self-contained breathing apparatus that are used by firefighters and other emergency-responders, as well as scuba divers and personnel in potentially hazardous environments, such as mines; and aluminum and composite cylinders for use in the containment of oxygen and other medical gases that are used by patients, healthcare facilities, and laboratories. This segment also offers carbon composite cylinders for compressed natural gas and hydrogen containment in alternative fuel vehicles; lightweight aluminum cylinders for a variety of industrial applications, such as fire extinguishers and containment of high-purity specialty gases; and lightweight aluminum and titanium panels primarily for use in the aerospace and luxury-auto industries. The Elektron segment focuses on specialty materials based on magnesium, zircon sand, and rare earths. It develops and manufactures magnesium alloys; magnesium powders; and magnesium, copper, and zinc photoengraving plates for graphic arts and luxury packaging. This segment also develops and manufactures zirconium-based materials and oxides used as catalysts and in the manufacture of advanced ceramics, fiber-optic fuel cells, and other performance products. Luxfer Holdings PLC has operations in the United States, the United Kingdom, Germany, Italy, France, rest of Europe, the Asia Pacific, Canada, South America, Latin America, and Africa. The company was founded in 1898 and is headquartered in Manchester, the United Kingdom.
Earnings Per Share
As for profitability, Luxfer Holdings PLC has a trailing twelve months EPS of $-0.21.
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 -2.66%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 350% and 144.4%, respectively.
Sales Growth
Luxfer Holdings PLC’s sales growth is negative 11.9% for the current quarter and negative 6.7% for the next.
2. VOC Energy Trust Units of Beneficial Interest (VOC)
100% Payout Ratio
VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres. VOC Energy Trust was incorporated in 2010 and is based in Houston, Texas.
Earnings Per Share
As for profitability, VOC Energy Trust Units of Beneficial Interest has a trailing twelve months EPS of $0.8.
PE Ratio
VOC Energy Trust Units of Beneficial Interest has a trailing twelve months price to earnings ratio of 6.38. Meaning, the purchaser of the share is investing $6.38 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 105.52%.
Yearly Top and Bottom Value
VOC Energy Trust Units of Beneficial Interest’s stock is valued at $5.10 at 02:23 EST, way under its 52-week high of $10.65 and way higher than its 52-week low of $4.45.
Volume
Today’s last reported volume for VOC Energy Trust Units of Beneficial Interest is 44251 which is 26.85% below its average volume of 60495.
Revenue Growth
Year-on-year quarterly revenue growth declined by 16.7%, now sitting on 15.74M for the twelve trailing months.
3. Eaton Vance Risk (ETJ)
72.58% Payout Ratio
Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio. The fund invests in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the S&P 500 Index and the Barclays U.S. Aggregate Bond Index. Eaton Vance Risk-Managed Diversified Equity Income Fund was formed on July 31, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Risk has a trailing twelve months EPS of $1.65.
PE Ratio
Eaton Vance Risk has a trailing twelve months price to earnings ratio of 5.56. Meaning, the purchaser of the share is investing $5.56 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 20, 2023, the estimated forward annual dividend rate is 0.69 and the estimated forward annual dividend yield is 8.98%.
4. Western New England Bancorp (WNEB)
43.75% Payout Ratio
Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including checking, savings, business and municipal savings, money market and business sweep, and individual retirement accounts; time deposits; term certificates of deposit; and interest on lawyers trust accounts. It also offers commercial real estate loans; commercial construction loans; commercial and industrial loans, such as revolving lines of credit, working capital loans, equipment financing and term loans; residential real estate loans; home equity loans; and consumer loans. In addition, the company provides automated teller machines (ATM), telephone and online banking, remote deposit capture, cash management services, overdraft facilities, night deposit services, and safe deposit facilities. As of December 31, 2019, it operated a network of 22 banking offices, 25 free-standing ATMs, and 23 seasonal or temporary ATMS located in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Ludlow, South Hadley, Southwick, Springfield, Ware, West Springfield and Westfield, Massachusetts and Granby and Enfield, Connecticut. The company was formerly known as Westfield Financial, Inc. and changed its name to Western New England Bancorp, Inc. in October 2016. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts.
Earnings Per Share
As for profitability, Western New England Bancorp has a trailing twelve months EPS of $0.64.
PE Ratio
Western New England Bancorp has a trailing twelve months price to earnings ratio of 13.47. Meaning, the purchaser of the share is investing $13.47 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 5.73%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.9%, now sitting on 74.44M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 7, 2024, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 3.25%.
5. Colony Bankcorp (CBAN)
35.04% Payout Ratio
Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers various deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans. In addition, the company offers internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of January 20, 2022, it operated 39 locations throughout Georgia. The company was founded in 1975 and is headquartered in Fitzgerald, Georgia.
Earnings Per Share
As for profitability, Colony Bankcorp has a trailing twelve months EPS of $1.27.
PE Ratio
Colony Bankcorp has a trailing twelve months price to earnings ratio of 12.21. Meaning, the purchaser of the share is investing $12.21 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 8.81%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 7, 2024, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 2.9%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.4%, now sitting on 109.42M for the twelve trailing months.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
