(VIANEWS) – Fanhua (FANH), Equity Lifestyle Properties (ELS), Rockwell Automation (ROK) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio up until 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 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. Fanhua (FANH)

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

As for profitability, Fanhua has a trailing twelve months EPS of $0.08.

PE Ratio

Fanhua has a trailing twelve months price to earnings ratio of 62.88. Meaning,
the purchaser of the share is investing $62.88 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 2.32%.

Earnings before Interest, Taxes and Depreciation

Fanhua has an EBITDA of 2.48.

Growth Estimates Quarters

For the current quarter, the company expects to grow by 74.4% and 31.6% respectively.

Sales Growth

Fanhua’s quarter-to-quarter sales growth is currently negative 44.4%

Volume

Today’s last reported volume for Fanhua is 15680 which is 68.22% below its average volume of 49346.

2. Equity Lifestyle Properties (ELS)

106.88% Payout Ratio

We are a self-administered, self-managed real estate investment trust (“REIT”) with headquarters in Chicago. As of July 20, 2020, we own or have an interest in 413 quality properties in 33 states and British Columbia consisting of 156,713 sites.

Earnings per Share

Equity Lifestyle Properties’ trailing 12 month EPS is $1.24.

PE Ratio

Equity Lifestyle Properties’ trailing 12-month price-to-earnings ratio is 52.44. The purchaser of the shares is investing $52.44 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 20.58%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 1.64 and the estimated forward annual dividend yield is 2.68%.

3. Rockwell Automation (ROK)

77.31% Payout Ratio

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in the United States and internationally. The company operates in three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products, and services. The Intelligent Devices segment offers drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software & Control segment provides control and visualization software and hardware, information software, digital twin and simulation software, and network and security infrastructure solutions. The Lifecycle Services segment provides consulting, professional services and solutions, and connected and maintenance services. The company sells its solutions primarily through independent distributors in relation with its direct sales force. It serves discrete end markets, including automotive, semiconductor, warehousing and logistics, and other discrete markets, as well as general industries comprising printing and publishing, marine, glass, fiber and textiles, airports, and aerospace; hybrid end markets, such as food and beverage, life sciences, household and personal care, and tire, as well as eco industrial, including water/wastewater, waste management, mass transit, and renewable energy; and process end markets comprising oil and gas, mining, metals, chemicals, pulp and paper, and others. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.

Earnings Per Share

As for profitability, Rockwell Automation has a trailing twelve months EPS of $13.57.

PE Ratio

Rockwell Automation has a trailing twelve months price to earnings ratio of 19.52. Meaning,
the purchaser of the share is investing $19.52 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 24.99%.

Revenue growth

The year-over-year revenue growth was 6.5%. We now have 7.44 billion in the 12 trailing months.

Growth Estimates Quarters

For the current quarter, the company expects to grow by 27.5% and 18.7% respectively.

Average Moving

Rockwell Automation’s value exceeds its $50-day moving mean of $239.82, and is much higher than that of its 200-day moving median of $240.09.

Sales Growth

Rockwell Automation is experiencing a 17.6% increase in sales for its current quarter.

4. National Bankshares (NKSH)

40.22% Payout Ratio

National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, and individual retirement accounts. Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository services, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services. It operates 25 full-service offices, a loan production office, and 24 automated teller machines in Southwest Virginia. National Bankshares, Inc. was founded in 1891 and is headquartered in Blacksburg, Virginia.

Earnings per Share

National Bankshares’ trailing 12 month EPS is $2.61.

PE Ratio

National Bankshares’ trailing 12-month price-earnings ratio is 14.47. The purchaser of the shares is investing $14.47 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 14.44%.

5. South State Corporation (SSB)

31.62% Payout Ratio

South State Corporation is the bank holding firm for South State Bank. It offers a variety of products and services. It accepts savings, checking, certificate of deposit, interest bearing transaction accounts, certificates, and any other type of time deposits. The company also provides residential, commercial and industrial real estate loans as well as personal and auto loans. The company also offers treasury management, merchant services and debit card products. It can also provide automated clearinghouse services, lockbox services, remote deposit capture, lock-box service, and other treasury related services. It served its customers in 285 locations across Florida, South Carolina and Georgia. It was previously known as First Financial Holdings, Inc., but changed its name in July 2013 to South State Corporation. South State Corporation was established in 1933. It is located in Winter Haven in Florida.

Earnings Per Share

As for profitability, South State Corporation has a trailing twelve months EPS of $6.23.

PE Ratio

South State Corporation has a trailing twelve months price to earnings ratio of 13.86. Meaning,
the purchaser of the share is investing $13.86 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 9.46%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 27% and 48.2%, respectively.

Annual Top and Bottom Value

At 07:25 EST South State Corporation stock was valued at $86.35