(VIANEWS) - Comp Energetica de Minas Gerais (CIG), AvalonBay Communities (AVB), Northwest Bancshares (NWBI) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up to now. The payout ratio in itself isn't a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Comp Energetica de Minas Gerais (CIG)
160.06% Payout Ratio
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
Earnings Per Share
As for profitability, Comp Energetica de Minas Gerais has a trailing twelve months EPS of $0.347.
PE Ratio
Comp Energetica de Minas Gerais has a trailing twelve months price to earnings ratio of 6.22. Meaning, the purchaser of the share is investing $6.22 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 14.37%.2. AvalonBay Communities (AVB)
109.28% Payout Ratio
As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the "Expansion Markets").
Earnings Per Share
As for profitability, AvalonBay Communities has a trailing twelve months EPS of $5.72.
PE Ratio
AvalonBay Communities has a trailing twelve months price to earnings ratio of 30.36. Meaning, the purchaser of the share is investing $30.36 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 7.46%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter is 125% and a drop 47.5% for the next.Volume
Today's last reported volume for AvalonBay Communities is 353483 which is 58.78% below its average volume of 857590.
Moving Average
AvalonBay Communities's value is higher than its 50-day moving average of $167.73 and under its 200-day moving average of $191.69.Sales Growth
AvalonBay Communities's sales growth is 14.2% for the ongoing quarter and 11.8% for the next.
3. Northwest Bancshares (NWBI)
78.43% Payout Ratio
Northwest Bancshares, Inc. operates as a holding company for Northwest Bank that offers various personal and business banking solutions. The company accepts various deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts. Its loan products include one-to-four family residential real estate, short-term consumer, multi-family residential and commercial real estate, commercial business, and residential mortgage loans; home equity lines of credit; and consumer loans comprising automobile, sales finance, unsecured personal, and credit card loans, as well as loans secured by deposit accounts. The company also offers investment management and trust services; and employee benefits, and property and casualty insurance As of December 31, 2020, it operated 170 community-banking locations in central and western Pennsylvania, western New York, and eastern Ohio. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Warren, Pennsylvania.
Earnings Per Share
As for profitability, Northwest Bancshares has a trailing twelve months EPS of $1.02.
PE Ratio
Northwest Bancshares has a trailing twelve months price to earnings ratio of 13.54. Meaning, the purchaser of the share is investing $13.54 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 8.54%.Yearly Top and Bottom Value
Northwest Bancshares's stock is valued at $13.81 at 01:23 EST, way below its 52-week high of $15.35 and way above its 52-week low of $12.04.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 29.2% and 31.8%, respectively.4. Arrow Financial Corporation (AROW)
36.59% Payout Ratio
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.
Earnings Per Share
As for profitability, Arrow Financial Corporation has a trailing twelve months EPS of $2.84.
PE Ratio
Arrow Financial Corporation has a trailing twelve months price to earnings ratio of 11.86. Meaning, the purchaser of the share is investing $11.86 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 13.33%.5. Mannatech (MTEX)
35.56% Payout Ratio
Mannatech, Incorporated operates as a health and wellness company worldwide. It develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management products. The company primarily sells its products directly, as well as through network marketing channels and a website. Mannatech, Incorporated was founded in 1993 and is headquartered in Flower Mound, Texas.
Earnings Per Share
As for profitability, Mannatech has a trailing twelve months EPS of $2.25.
PE Ratio
Mannatech has a trailing twelve months price to earnings ratio of 7.35. Meaning, the purchaser of the share is investing $7.35 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 21.06%.Yearly Top and Bottom Value
Mannatech's stock is valued at $16.53 at 01:23 EST, way below its 52-week high of $38.30 and above its 52-week low of $15.49.
Moving Average
Mannatech's value is way below its 50-day moving average of $20.21 and way below its 200-day moving average of $22.58.Earnings Before Interest, Taxes, Depreciation, and Amortization
Mannatech's EBITDA is 12.14.