(VIANEWS) - Clorox Company (CLX), Bank of South Carolina Corp. (BKSC), Gerdau S.A. (GGB) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio as yet. 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 distribute 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. Clorox Company (CLX)
124.4% Payout Ratio
Clorox Company produces and markets professional and consumer products around the world. The company operates in four areas: Health and Wellness; Household; Lifestyle and International. Health and Wellness offers products such as cleaning additives and products for home, including laundry products and products that are primarily sold under Clorox2, Clorox2, Scentiva and Pine-Sol brands. Professional cleaning and disinfecting products can be found under CloroxPro and CloroxHealthcare brands. Hidden Valley brands sell professional food service products. Vitamins, minerals, and supplements products can also be purchased under the RenewLife and Natural Vitality brands. The Household segment offers cat litter under the Fresh Step, Scoop Away and Glad brands. It also sells bags and wraps under Glad's brand. In the United States, Kingsford grilling products are available. Lifestyle offers dressings and dips as well seasonings and sauces under the Hidden Valley brand. Natural personal care products are available under Burt's Bees and Brita brands in the United States. International offers laundry additives, home care products, water-filtration system, digestive health products, food products, bags and wraps, natural personal care products, professional cleaning products and disinfecting products worldwide, primarily under Clorox, Ayudin Clorinda and Clorinda brands. Clorox Company products are sold primarily via mass retailers, grocery stores, warehouse clubs, dollar stores, home hardware stores, drug, military and other stores, distributors and direct sales. The company is located in Oakland, California.
Earnings Per Share
As for profitability, Clorox Company has a trailing twelve months EPS of $7.2.
PE Ratio
Clorox Company has a trailing twelve months price to earnings ratio of 19.83. Meaning, the purchaser of the share is investing $19.83 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 71.31%.Moving Average
Clorox Company is worth less than its moving average for 50 days of $145.38, and lower than its moving average for 200 days of $143.04.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 24, 2022, the estimated forward annual dividend rate is 4.72 and the estimated forward annual dividend yield is 3.3%.
Growth Estimates Quarters
The company's growth estimates for the current quarter is a negative 38% and positive 13.6% for the next.2. Bank of South Carolina Corp. (BKSC)
60.18% Payout Ratio
Bank of South Carolina Corporation is a bank holding firm for The Bank of South Carolina. It provides financial services and products mainly in Charleston, Berkeley and Dorchester counties of South Carolina. The bank's deposits consist of non-interest bearing demand accounts and NOW accounts. Money market accounts, savings accounts, certificates of deposit, and time deposits. It offers secured and unsecure commercial loans as well as consumer and commercial real estate loans. Five branches are operated by the bank. It was established in 1986 in Charleston, South Carolina.
Earnings per Share
Bank of South Carolina Corp.'s trailing twelve-month EPS of $1.13 is a good indicator of profitability.
PE Ratio
Bank of South Carolina Corp.'s trailing 12 months earnings to price ratio is 14.5. The purchaser of the shares is therefore investing $14.5 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 14.12%.Volume
Today's last reported volume for Bank of South Carolina Corp. is 492 which is 85.75% below its average volume of 3454.
Yearly Top and Bottom Value
Bank of South Carolina Corp.'s stock is valued at $16.38 at 13:23 EST, way under its 52-week high of $20.84 and way above its 52-week low of $14.70.
Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on December 22, 2022. The forward dividend rate for 2020 is 0.68, and the forward dividend yield is 4.15.
3. Gerdau S.A. (GGB)
38.68% Payout Ratio
Gerdau S.A. provides steel products and services in the United States and Canada. It operates through four segments: Brazil Operations, North America Operations, South America Operations, and Special Steel Operations. The company offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to construction and manufacturing industries; and drawn products comprises barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps. It also produces special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as the oil and gas, wind energy, machinery and equipment, mining and rail, and others markets. In addition, the company offers flat products, including hot rolled coils and heavy plates; and resells flat steel products, as well as mines and produces iron ore. It sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is headquartered in Sao Paulo, Brazil. Gerdau S.A. is a subsidiary of Metalúrgica Gerdau S.A.
Earnings per Share
Gerdau S.A.'s trailing 12 months EPS is $1.55.
PE Ratio
Gerdau S.A.'s trailing 12 months price-to-earnings ratio is 4.12. The purchaser of the shares is therefore investing $4.12 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 30.48%.Revenue Growth
Year-on-year quarterly revenue growth declined by 0.8%, now sitting on 86B for the twelve trailing months.
Yearly Top and Bottom Value
Gerdau S.A.'s stock is valued at $6.39 at 13:24 EST, under its 52-week high of $6.62 and way above its 52-week low of $3.94.
Moving Average
Gerdau S.A. is worth more than its $50-day moving mean of $5.70, and much higher than its $200-day moving median of $5.24.Volume
Gerdau S.A.'s current reported volume is 7693990, which is 42.83% lower than its average volume 13460200.
4. Fulton Financial Corporation (FULT)
37.82% Payout Ratio
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
Earnings per Share
Fulton Financial Corporation's trailing 12 months profit per share is $1.35
PE Ratio
Fulton Financial Corporation's trailing 12-month price-to-earnings ratio is 11.42. The purchaser of the shares is therefore investing $11.42 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 10.33%.5. NBT Bancorp (NBTB)
32.29% Payout Ratio
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $3.53.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 12.03. Meaning, the purchaser of the share is investing $12.03 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 12.78%.Moving Average
NBT Bancorp's value is under its 50-day moving average of $44.38 and above its 200-day moving average of $40.16.Sales Growth
NBT Bancorp's sales growth is 5.8% for the current quarter and 10% for the next.
Volume
NBT Bancorp's current reported volume is 183457, which is 3.3% more than its average volume (177023).