(VIANEWS) – Sysco Corporation (SYY), Consolidated Water Co. Ltd. (CWCO), Lifetime Brands (LCUT) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.

1. Sysco Corporation (SYY)

96.91% Payout Ratio

Sysco Corporation and its subsidiaries engage in marketing and distribution for various foods and related products. They do this primarily in the United States of America, Canada, France and the United Kingdom. The company operates under the U.S. Foodservice Operations and International Foodservice Operations (SYGMA) as well as other segments. It distributes frozen food, including meats, seafood and fully-prepared entrees as well as fruits, vegetables and desserts. The company also sells a variety of non-food products, such as paper napkins, cups, plates and cups, disposable napkins and plate covers, tableware made from China or silverware and cookware that includes pots and pans; kitchen equipment and supplies, cleaning supplies, and restaurant supplies. It supplies foodservice equipment to restaurants, nursing homes, schools, colleges, motels, factories, caterers and hotels. It had 343 distribution centers as of August 27, 2021. Sysco Corporation was founded in 1969. It is located in Houston, Texas.

Earnings Per Share

As for profitability, Sysco Corporation has a trailing twelve months EPS of $-0.66.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 71.82%.

2. Consolidated Water Co. Ltd. (CWCO)

59.65% Payout Ratio

Consolidated Water Co. Ltd. and its subsidiaries design, build, manage, and operate water treatment and production plants, primarily in the Cayman Islands and the Bahamas. It operates in four business segments, including Bulk, Retail, Services and Manufacturing. Reverse osmosis is used to make potable water out of seawater. It supplies water to residential and commercial customers as well as government distributors. The company also offers design, engineering and construction services, procurement and management services, as well management and engineering services related to municipal water distribution. The company also manufactures and supplies a variety of water-related products such as reverse osmosis equipment, membrane separation apparatus, filtration equipment and vessels. It provides design, engineering and consulting services, in addition to inspection, training and maintenance services. Consolidated Water Co. Ltd. is an entity that was established in 1973. Its headquarters are in Grand Cayman in the Cayman Islands.

Earnings Per Share

As for profitability, Consolidated Water Co. Ltd. has a trailing twelve months EPS of $0.57.

PE Ratio

Consolidated Water Co. Ltd. has a trailing twelve months price to earnings ratio of 27.91. Meaning,
the purchaser of the share is investing $27.91 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 5.69%.

3. Lifetime Brands (LCUT)

42.5% Payout Ratio

Lifetime Brands, Inc. creates, sources, sells and markets branded tableware and kitchenware for the home, both in the United States as well internationally. It offers kitchenware products such as cutlery and kitchen gadgets. The company also offers home solutions such as bath scales and weather, outdoor, home storage and neoprene-travel products. Different brands are owned or licensed by the company, such as Farberware and Mikasa. The company serves specialty and mass-market merchants as well as commercial and warehouse stores. It sells products both directly and through its websites. Lifetime Brands, Inc., was established in 1945. It is located in Garden City, New York.

Earnings Per Share

As for profitability, Lifetime Brands has a trailing twelve months EPS of $0.4.

PE Ratio

Lifetime Brands has a trailing twelve months price to earnings ratio of 20.88. Meaning,
the purchaser of the share is investing $20.88 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 3.64%.

Yearly Top and Bottom Value

Lifetime Brands’s stock is valued at $8.35 at 02:23 EST, way under its 52-week high of $19.60 and above its 52-week low of $7.93.

Volume

Today’s last reported volume for Lifetime Brands is 41953 which is 57.88% above its average volume of 26572.

4. Saga Communications (SGA)

33.83% Payout Ratio

Saga Communications, Inc., an American broadcast company, is responsible for the acquisition, development, and operation of broadcast properties throughout the United States. Radio stations of the company use a variety programming format, such as classic hits and adult hits, country music, country legends or mainstream/hot/soft-adult contemporary. They also play pure oldies and classic rock. It owned seventy nine FM and thirty-four AM radio stations. Seventy-nine of its metro signals served twenty-seven cities. Grosse Pointe Farms in Michigan is where the company’s headquarters are located.

Earnings Per Share

As for profitability, Saga Communications has a trailing twelve months EPS of $2.

PE Ratio

Saga Communications has a trailing twelve months price to earnings ratio of 14.5. Meaning,
the purchaser of the share is investing $14.5 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 6.16%.

Yearly Top and Bottom Value

Saga Communications’s stock is valued at $29.00 at 02:23 EST, under its 52-week high of $29.75 and way above its 52-week low of $21.50.

Volume

Today’s last reported volume for Saga Communications is 26839 which is 165.15% above its average volume of 10122.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Saga Communications’s EBITDA is 1.02.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.3%, now sitting on 112.78M for the twelve trailing months.

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