(VIANEWS) - Newtek Business Services Corp. (NEWT), Alamos Gold (AGI), Independent Bank Corp. (INDB) 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 issue 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. Newtek Business Services Corp. (NEWT)
136.56% Payout Ratio
Newtek Business Services Corp. provides financial and business consulting services for small- to medium-sized businesses in America. It also invests in businesses at the early stages of their development. It is open to equity and debt investments. It focuses on debt investments. First lien loans have terms from 1 to 25 year, second lien loans have terms between 5 and 25 years and unsecured loans are short-term financing that can be repaid in 6 to 12 month. The company operates via Electronic Payment Processing and Managed Technology Solutions segments, Small Business Finance, Capcos, as well as Managed Technology Solutions. It originates small-business administration loans to purchase commercial real estate, machinery and equipment. The company also offers consulting and servicing for small businesses to various financial institutions and the Federal Deposit Insurance Corporation. The company offers electronic payment processing services, including credit and debit card processing and check approval. It also provides ancillary processing software and equipment to merchants. It also offers Website hosting, cloud hosting and dedicated servers; web design and development; Internet market services; data storage, backup, and other related services. Ecommerce services include payment processing, website design, Web-related services and Accounts Receivable Financing. It also offers Newtek Advantage. This platform allows businesses to have access to data from any device, including a tablet, smartphone, laptop or computer. The company also sells insurance products for personal and commercial use. It offers payroll processing, tax filing and payroll management services. To provide small-business clients with agent services, the company has formed strategic alliances such as American International Group (CTAA), Navy Federal Credit Union, Credit Union National Association and Pershing. It is looking to make investments in the New York area and Louisiana. It is looking to invest between $0.3 million and $3 million in companies. The firm offers small-business terms loans from $0.05million to $10million. It also offers account receivable finance, with rates ranging between $0.05 million and $1.5 million. The firm also offers financing of $0.05 to $10 million for owner-occupied real estate companies whose net income must not exceed $2.5million in the past 2 years. Newtek Business Services Corp. was previously known as Newtek Business Services Inc.
Earnings per Share
Newtek Business Services Corp.'s trailing 12 months profit per share is $2.27
PE Ratio
Newtek Business Services Corp.'s trailing 12-month price-to-earnings ratio is 7.75. The purchaser of the shares is therefore investing $7.75 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability of a company relative to shareholders' equity, was 14.4%.Earnings before Interest, Taxes and Depreciation
EBITDA for Newtek Business Services Corp. is 2.64
Sales Growth
Newtek Business Services Corp. has a negative 0.1% quarter-over-quarter sales growth and 37.7% in the next.
2. Alamos Gold (AGI)
76.92% Payout Ratio
Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company's flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada. It also holds interests in a portfolio of development stage projects in Turkey, Canada, Mexico, and the United States. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. The company was incorporated in 2003 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Alamos Gold has a trailing twelve months EPS of $0.53.
PE Ratio
Alamos Gold has a trailing twelve months price to earnings ratio of 18.34. Meaning, the purchaser of the share is investing $18.34 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 1.94%.Moving Average
Alamos Gold's worth is way higher than its 50-day moving average of $8.21 and way higher than its 200-day moving average of $7.83.3. Independent Bank Corp. (INDB)
52.07% Payout Ratio
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. Its products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. The company's loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages and home equity loans, and loans for the construction of residential properties; and personal loans. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as automated teller machine (ATM) cards and debit cards; and mutual fund shares, unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2020, it operates through a network of ninety-six full service and two limited service retail branches, sixteen commercial banking centers, ten investment management offices, and eight mortgage lending centers in Eastern Massachusetts, Greater Boston, the South Shore, and the Cape and Islands, as well as in Worcester County and Rhode Island. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Earnings Per Share
As for profitability, Independent Bank Corp. has a trailing twelve months EPS of $4.12.
PE Ratio
Independent Bank Corp. has a trailing twelve months price to earnings ratio of 21.55. Meaning, the purchaser of the share is investing $21.55 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 8.24%.Volume
Independent Bank Corp.'s current reported volume is 62187, which is 65.17% less than its average volume (178557).
4. ASML Holding (ASML)
49.5% Payout Ratio
ASML Holding N.V. designs, manufactures, markets, sells and services high-tech semiconductor equipment systems. These systems include lithography and metrology as well as inspection systems. It offers both deep and extreme ultraviolet lithography systems. The company also provides metrology and inspection solutions, such as YieldStar optical metrology systems to determine the pattern quality on wafers and HMI-e beam solutions to identify and analyze chip imperfections. The company also offers software and computational lithography solutions that improve the setting up of the lithography systems. It also provides mature products and services to refurbish used equipment. The company operates across Asia, including Japan, South Korea and Taiwan. The original name of the company was ASM Lithography Holding N.V., but it changed its name in 2001 to ASML Holding N.V. ASML Holding N.V. is located in Veldhoven in the Netherlands. It was established in 1984.
Earnings per Share
ASML Holding's trailing 12-month EPS is $12.96.
PE Ratio
ASML Holding's trailing 12-month price-earnings ratio is 46.08. The purchaser of the shares is therefore investing $46.08 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 57.37%.Annual Top and Bottom Value
ASML Holding stock was valued at $597.14 as of 01:23 EST. This is way lower than its 52 week high of $817.30, and much higher than its 52 week low of $363.15.