(VIANEWS) – Canadian Imperial Bank of Commerce (CM), Argan (AGX), Farmers National Banc Corp. (FMNB) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio as yet. 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 issue 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. Canadian Imperial Bank of Commerce (CM)
69.53% Payout Ratio
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; investment and insurance services; and credit cards, as well as mobile, online, and overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and private wealth, and international banking services; foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Canadian Imperial Bank of Commerce has a trailing twelve months EPS of $3.59.
PE Ratio
Canadian Imperial Bank of Commerce has a trailing twelve months price to earnings ratio of 11.06. Meaning, the purchaser of the share is investing $11.06 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 9.45%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 11.5% and a drop 12.7% for the next.
Sales Growth
Canadian Imperial Bank of Commerce’s sales growth for the current quarter is 6%.
Volume
Today’s last reported volume for Canadian Imperial Bank of Commerce is 383777 which is 69.84% below its average volume of 1272630.
Previous days news about Canadian Imperial Bank of Commerce (CM)
- According to Business Insider on Monday, 11 September, "Onex Corp (ONEX.TO), Toronto-Dominion Bank (TD.TO), Sun Life Financial (SLF.TO), Manulife Financial (MFC.TO), Canadian Imperial Bank of Commerce (CM.TO) and Bank of Montreal (BMO.TO) gained 1 to 2%."
2. Argan (AGX)
50.25% Payout Ratio
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction (EPC) contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and steel pipe and vessel fabrication services for forest products, power, energy, large fertilizer, EPC, mining, and petrochemical companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structuring, cabling, terminations, and connectivity that offers the physical transport for high speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was founded in 1961 and is headquartered in Rockville, Maryland.
Earnings Per Share
As for profitability, Argan has a trailing twelve months EPS of $1.99.
PE Ratio
Argan has a trailing twelve months price to earnings ratio of 21.43. Meaning, the purchaser of the share is investing $21.43 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 10.11%.
Volume
Today’s last reported volume for Argan is 62243 which is 7.89% below its average volume of 67576.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Argan’s EBITDA is 59.46.
Sales Growth
Argan’s sales growth for the current quarter is 19%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 146.7% and 44.6%, respectively.
3. Farmers National Banc Corp. (FMNB)
46.53% Payout Ratio
Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. It operates through 47 locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is based in Canfield, Ohio.
Earnings Per Share
As for profitability, Farmers National Banc Corp. has a trailing twelve months EPS of $1.44.
PE Ratio
Farmers National Banc Corp. has a trailing twelve months price to earnings ratio of 8.35. Meaning, the purchaser of the share is investing $8.35 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 14.77%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 6, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 5.23%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 22.9% and a negative 19%, respectively.
Yearly Top and Bottom Value
Farmers National Banc Corp.’s stock is valued at $12.02 at 02:23 EST, way under its 52-week high of $15.46 and way higher than its 52-week low of $10.82.
4. First Guaranty Bancshares (FGBI)
40.51% Payout Ratio
First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 34 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.
Earnings Per Share
As for profitability, First Guaranty Bancshares has a trailing twelve months EPS of $1.58.
PE Ratio
First Guaranty Bancshares has a trailing twelve months price to earnings ratio of 6.97. Meaning, the purchaser of the share is investing $6.97 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 8.3%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.5%, now sitting on 100.87M for the twelve trailing months.
Volume
Today’s last reported volume for First Guaranty Bancshares is 741 which is 97.75% below its average volume of 33031.
5. Wingstop (WING)
36.36% Payout Ratio
Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name. Its restaurants offer classic wings, boneless wings, and tenders that are cooked-to-order, and hand-sauced and tossed in various flavors. As of June 30, 2020, the company operated and franchised 1,400 worldwide. Wingstop Inc. was founded in 1994 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Wingstop has a trailing twelve months EPS of $2.1.
PE Ratio
Wingstop has a trailing twelve months price to earnings ratio of 75.6. Meaning, the purchaser of the share is investing $75.6 for every dollar of annual earnings.
Moving Average
Wingstop’s value is way under its 50-day moving average of $176.71 and under its 200-day moving average of $174.52.
6. Cintas Corporation (CTAS)
35.41% Payout Ratio
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Cintas Corporation has a trailing twelve months EPS of $12.97.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 38.31. Meaning, the purchaser of the share is investing $38.31 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 37.59%.
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.
