(VIANEWS) – Fanhua (FANH), Gulf Coast Ultra Deep Royalty Trust (GULTU), Baxter International (BAX) are the highest payout ratio stocks on this list.
We have collected information regarding 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 distribute them.
When researching 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.
535.86% Payout Ratio
Fanhua Inc., together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products. The Claims Adjusting segment offers pre-underwriting survey, claims adjusting, residual value disposal, loading and unloading supervision, and consulting services. The company also operates baoxian.com, an online insurance platform, which allows customers to search for, and purchase a range of insurance products; Lan Zhanggui, an internet-based all-in-one application; and ehuzhu.com, an online non-profit mutual aid platform, as well as CNpad Auto for facilitating auto insurance transaction. It serves customers through insurance sales and service group, and insurance agencies, as well as sales and service branches and outlets, registered independent sales agents, and in-house claims adjustors. The company was formerly known as CNinsure Inc. and changed its name to Fanhua Inc. in December 2016. Fanhua Inc. was founded in 1998 and is headquartered in Guangzhou, China.
Earnings per Share
Fanhua’s trailing twelve-month EPS is $0.08.
Fanhua’s trailing 12-month price-earnings ratio is 62.88. The purchaser of the shares is therefore investing $62.88 per dollar in annual earnings.
For the 12 trailing months, the company’s return-on-equity, which is an indicator of the business’ profitability relative to shareholders’ equity, was 2.32%.
63.43% Payout Ratio
Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. The company is based in Houston, Texas.
Earnings per Share
Gulf Coast Ultra Deep Royalty Trust’s trailing 12 months earnings per share (EPS) is $0.01.
The trailing 12-month price-earnings ratio for Gulf Coast Ultra Deep Royalty Trust is 4.19. The purchaser of the shares is therefore investing $4.19 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 165.69%.
Yearly Top and Bottom Value
Gulf Coast Ultra Deep Royalty Trust’s stock is valued at $0.04 at 01:23 EST, way below its 52-week high of $0.09 and way above its 52-week low of $0.01.
56.5% Payout Ratio
Baxter International Inc. and its subsidiaries develop and provide a range of healthcare products around the world. It offers intravenous dialysis and hemolysis as well as additional therapies and services. The company also offers connected care services, which include devices, software and communications; integrated patient monitoring, diagnostic technologies and technologies for diagnosing, treating, and managing various illnesses and diseases. These technologies include respiratory therapy, cardiac screening and vision screening; and surgical video technologies. It can provide tables, lighting, pendants and precision positioning devices as well as other accessories. The company also offers contract services to several pharmaceutical and biopharmaceutical businesses. The company’s products can be found in hospitals, dialysis centers and nursing homes as well as rehabilitation centers, doctor’s offices, clinics, private practices, and at-home patients under medical supervision. It sells products via direct sales, independent distributors and drug wholesalers. Celerity Pharmaceutical, LLC has signed an agreement to create oncolytic and acute care generic injectable premixes. Baxter International Inc., which was founded in 1931, is located in Deerfield Illinois.
Earnings Per Share
As for profitability, Baxter International has a trailing twelve months EPS of $2.07.
Baxter International has a trailing twelve months price to earnings ratio of 25.63. Meaning,
the purchaser of the share is investing $25.63 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 negative -32.85%.
Year-on-year quarterly revenue growth grew by 17%, now sitting on 14.74B for the twelve trailing months.
Baxter International saw a sales increase of 8.3% in the most recent quarter, and a negative 0.4% the following.
Today’s last reported volume for Baxter International is 6133890 which is 51.23% above its average volume of 4055980.
Growth Estimates Quarters
For the current quarter, the company expects to grow by 6.7% and 9.7% respectively.
45.71% Payout Ratio
ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Innovative Ag Solutions (IAS). The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products. The Potash segment extracts potash from the Dead Sea; mines and produces potash and salt; produces Polysulphate; produces, markets, and sells magnesium and magnesium alloys, as well as related by-products, including chlorine and sylvinite; and sells salt. The Phosphate Solutions segment produces specialty products; produces and markets phosphate-based fertilizers, as well as sulphuric acid, green phosphoric acid, and phosphate fertilizers; and manufactures thermal phosphoric acid for various industrial end markets, such as oral care, cleaning products, paints and coatings, water treatment, asphalt modification, construction, and metal treatment. It also develops and produces functional food ingredients and phosphate additives for use in the processed meat, poultry, seafood, dairy, beverage, and baked goods markets; and produces milk and whey proteins for the food ingredients industry. The IAS segment develops, manufactures, markets, and sells fertilizers based primarily on nitrogen, potash, and phosphate, including water soluble specialty, liquid, soluble, and controlled-release fertilizers. The company sells its products through marketing companies, agents, and distributors. The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. ICL Group Ltd was founded in 1968 and is headquartered in Tel Aviv, Israel.
Earnings Per Share
As for profitability, Israel Chemicals Limited Ordinary Shares has a trailing twelve months EPS of $1.63.
Israel Chemicals Limited Ordinary Shares has a trailing twelve months price to earnings ratio of 4.98. Meaning,
the purchaser of the share is investing $4.98 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 43.22%.
Israel Chemicals Limited Ordinary Shares has a 25.3% quarter-over-quarter sales increase.
Morningstar, Inc. has stated that the next dividend payment will be on Nov 28th 2022. The forward dividend rate for 2020 is 0.91, and the forward dividend yield for 2022 is 11.08%.
Growth Estimates Quarters
For the next quarter, the company expects growth of 23.1%. The drop is 37.3%.
Earnings before Interest, Taxes and Depreciation
Israel Chemicals Limited Ordinary Shares EBITDA = 1.26
37.36% Payout Ratio
Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProConnect. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; QuickBooks Self-Employed solution; QuickBooks Commerce, a solution for product-based businesses; QuickBooks Online Accountant; and payroll solutions, such as online payroll processing, direct deposit of employee paychecks, payroll reports, electronic payment of federal and state payroll taxes, and electronic filing of federal and state income tax returns. This segment also offers payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; QuickBooks Cash business bank account; and financial supplies and financing for small businesses. The Consumer segment provides TurboTax income tax preparation products and services; and personal finance. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProConnect segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Intuit has a trailing twelve months EPS of $6.55.
Intuit has a trailing twelve months price to earnings ratio of 62.26. Meaning,
the purchaser of the share is investing $62.26 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 15.7%.
The Intuit last reported volume is currently 1313860, which is 27.05% less than its average volume of 1801210.
Annual Top and Bottom Value
At 01:24 EST Intuit stock was valued at $407.96, which is far below its 52 week high of $697.27 but well above its low 52-week of $339.36.
Growth Estimates Quarters
For the current quarter, the company expects a decline of 20.3% in growth and a rise of 32.9% the following.
Morningstar, Inc. claims that the next dividend payment will be on October 5, 2022. The forward dividend rate for the year is estimated at 3.12, and the forward dividend yield to be 0.74%.