(VIANEWS) - WhiteHorse Finance (WHF), Allstate (ALL), J.M. Smucker Company (SJM) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio so far. 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. WhiteHorse Finance (WHF)
132.71% Payout Ratio
WhiteHorse Finance, LLC is a business development company.
Earnings Per Share
As for profitability, WhiteHorse Finance has a trailing twelve months EPS of $1.54.
PE Ratio
WhiteHorse Finance has a trailing twelve months price to earnings ratio of 8.66. Meaning, the purchaser of the share is investing $8.66 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 7.34%.Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on October 27, 2022. The forward estimated dividend rate for 2020 is 1.42, and the forward estimated dividend yield of 11.38%.
2. Allstate (ALL)
107.79% Payout Ratio
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal lines products, such as renter, condominium, landlord, boat, umbrella, and manufactured home and stand-alone scheduled personal property; and commercial lines products under the Allstate and Encompass brand names. The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance products, including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; roadside assistance; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. This segment offers its products under various brands including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. The Allstate Health and Benefits provides life, accident, critical illness, short-term disability, and other health insurance products. The Run-off Property-Liability offers property and casualty insurance. It sells its products through call centers, agencies, financial specialists, independent agents, brokers, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois.
Earnings per Share
Allstate's trailing 12 months profit per share is $17.31.
PE Ratio
Allstate's trailing 12-month price-to-earnings ratio is 7.42. The purchaser of the shares is therefore investing $7.42 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 3.9%.Average Moving
Allstate's value is lower than its 52-day moving mean of $129.53 but higher than its 200 day moving average $128.34.Annual Top and Bottom Value
At 19:23 EST Allstate stock was valued at $128.51, which is way below its 52 week high of $144.46, and far above its 52 week low of $106.11.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.4%, now sitting on 50.05B for the twelve trailing months.
3. J.M. Smucker Company (SJM)
72.79% Payout Ratio
J. M. Smucker Company produces and distributes branded beverages and food products around the world. The company operates in the following four areas: U.S. Retail Coffee; U.S. Retail Consumer Foods; U.S. Retail Pet Foods; and International and Away From Home. It offers a variety of coffees including single-serve, premium, roast and ground; peanut butter, specialty spreads and shortening; frozen sandwiches, pet food and snacks, as well foodservice beverage portion control and flour products. The company's products are available under the following brands: Folgers. It sells products directly to wholesalers, food retailers, food specialty stores, discount stores, pharmacy stores, medical commissaries and pet specialty shops, as well as through brokers to online retailers, foodservice operators and retailers. J. M. Smucker Company was established in Orrville in Ohio in 1897.
Earnings Per Share
As for profitability, J.M. Smucker Company has a trailing twelve months EPS of $8.41.
PE Ratio
J.M. Smucker Company has a trailing twelve months price to earnings ratio of 17.78. Meaning, the purchaser of the share is investing $17.78 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 7.2%.Volume
The last volume reported for J.M. Smucker Company's last reported volume is 732202, which is 8.5% below 800373.
Growth Estimates Quarters
The company's growth estimates for the current quarter is a negative 9.9% and positive 0.4% for the next.4. Cummins (CMI)
42.35% Payout Ratio
Cummins Inc. manufactures, distributes and services natural gas and diesel engines as well as electric powertrains and other related components around the world. The company operates in five main segments: Engine Distribution, Components and Power Systems. Cummins, along with other brands, offer diesel- and natural-gas-powered engines for heavy- and medium-duty trucks, buses, recreational vehicles, construction, mining and marine. They also provide new parts, services and remanufactured engines. The company also offers power generation systems and high-horsepower engine, medium and heavy duty engines. It also provides application engineering services and custom-designed assemblies. They can also sell and wholesale aftermarket parts and offer in-shop or field repair services. The company also offers emission solutions, including turbochargers, air and fuel filters and fuel water separators. Lube and hydraulic filters, fuel and additive filters, coolants and fuel additives are some of the other services it provides. It also has electronic control modules and sensors. They can also provide new, replacement and remanufactured and recycled fuel systems. It also offers automated transmissions. This includes standby power generators and prime power generators. Controls, paralleling and transfer systems are available. The Stamford brand brands include A/C generator/alternator product lines. Additionally, the company sells electrified power systems that contain components and subsystems. These systems can be used to produce hydrogen, battery and fuel cells. It also offers aftertreatment, controls, air handling, automated transmissions and electric power generation system batteries. It sells products to original equipment producers, distributors and dealers as well as other customers. Cummins Engine Company was the company's name before 2001 when it became Cummins Inc. Cummins Inc. was established in 1919. It is located in Columbus, Indiana.
Earnings Per Share
As for profitability, Cummins has a trailing twelve months EPS of $12.01.
PE Ratio
Cummins has a trailing twelve months price to earnings ratio of 19.78. Meaning, the purchaser of the share is investing $19.78 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 21.49%.Annual Top and Bottom Value
Cummins stock was valued at $237.59 as of 19:23 EST. This is below its 52 week high of $249.85, and well above its 52-week lowest of $184.28.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 17, 2022, the estimated forward annual dividend rate is 6.28 and the estimated forward annual dividend yield is 2.84%.