(VIANEWS) - Agree Realty Corporation (ADC), CrossAmerica Partners LP (CAPL), Franklin Resources (BEN) are the highest payout ratio stocks on this list.
We have congregated information about 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 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. Agree Realty Corporation (ADC)
151.15% Payout Ratio
Agree Realty Corporation, a publicly traded trust for real estate investments, focuses primarily on the acquisition and development properties that are net leased to top-tier retail tenants. The Company had a portfolio consisting of 936 properties in 46 states, with approximately 18.4 millions square feet gross lettable area. Agree Realty Corporation's common stock is listed under "ADC" on the New York Stock Exchange.
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.83.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 40.26. Meaning, the purchaser of the share is investing $40.26 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 3.68%.2. CrossAmerica Partners LP (CAPL)
139.07% Payout Ratio
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of March 1, 2021, the company distributed fuel to approximately 1,700 locations; and owned or leased approximately 1,100 sites. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. CrossAmerica Partners LP was founded in 1992 and is based in Allentown, Pennsylvania.
Earnings per Share
CrossAmerica Partners LP's trailing twelve-month EPS is $1.5.
PE Ratio
CrossAmerica Partners LP's trailing 12-month price-to-earnings ratio is 13.93. The purchaser of the shares is therefore investing $13.93 per dollar in annual earnings.
8.25% is the company's return-on-equity, which measures profitability relative to shareholders' equity.Yearly Top and Bottom Value
CrossAmerica Partners LP's stock is valued at $20.89 at 01:23 EST, way under its 52-week high of $23.29 and way above its 52-week low of $18.32.
Volume
Today's last reported volume for CrossAmerica Partners LP is 10755 which is 82.72% below its average volume of 62253.
Earnings before Interest, Taxes and Depreciation
CrossAmerica Partners LP's EBITDA stands at 27.33
Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be made on November 1, 2022. The forward-annual dividend rate and forward dividend yield are both 2.1 and 10.59%, respectively.
3. Franklin Resources (BEN)
45.85% Payout Ratio
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Earnings per Share
Franklin Resources' trailing 12 month EPS is $2.53.
PE Ratio
Franklin Resources' trailing 12-month price-earnings ratio is 11.65. The purchaser of the shares is therefore investing $11.65 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a business, was 10.04%.4. FedEx (FDX)
33.53% Payout Ratio
FedEx Corporation offers transportation and e-commerce services, as well as business services, both in the United States. FedEx Express, the company's express transport segment, offers small-package ground shipping and freight transportation services. It also provides time-critical services and cross-border technology and ecommerce transportation solutions. FedEx Ground provides delivery services for businesses and homes on a daily basis. FedEx Freight, the company's freight segment, offers lower-than-truckload freight transport services. This segment was home to approximately 30,000 vehicles, 400 service centers and more than 400 trucks as of May 31, 2022. FedEx Services provides back office support and services, including sales, marketing and information technology. Its Corporate, Other, Eliminations segment provides integrated supply chain management solutions and specialty transport, customs brokerage and international ocean and air freight forwarding service; document and business services to customers and retail access for those who use its parcel transportation services. FedEx Corporation was established in 1971 in Memphis, Tennessee.
Earnings Per Share
As for profitability, FedEx has a trailing twelve months EPS of $11.36.
PE Ratio
FedEx has a trailing twelve months price to earnings ratio of 16.61. Meaning, the purchaser of the share is investing $16.61 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 14.51%.