(VIANEWS) - PetMed Express (PETS), MetLife (MET), SpartanNash Company (SPTN) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. 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 issue them.
When investigating 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. PetMed Express (PETS)
155.84% Payout Ratio
PetMed Express, Inc., together with its subsidiaries, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, health products, and other supplies for dogs, cats, and horses. It offers non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes. The company also sells food, beds, crates, stairs, and other pet supplies. It sells its products through its Internet website; mobile app; telephone contact center; and direct mail/print, which includes brochures and postcards, as well as television advertising under the 1-800-PetMeds and PetMeds brands. PetMed Express, Inc. was incorporated in 1996 and is headquartered in Delray Beach, Florida.
Earnings Per Share
As for profitability, PetMed Express has a trailing twelve months EPS of $0.77.
PE Ratio
PetMed Express has a trailing twelve months price to earnings ratio of 23.17. Meaning, the purchaser of the share is investing $23.17 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 11.21%.2. MetLife (MET)
49.08% Payout Ratio
MetLife, Inc., is a financial service company that provides annuities, benefits for employees, and investment services. The company operates in five regions: the U.S., Asia, Latin America and Europe; Europe and the Middle East and Africa; as well as MetLife Holdings. It offers individual, short- and long-term disability insurance as well life and dental plans. The company also offers pension risk transfer, institution income annuities and structured settlements. It also sells capital markets investment products. It also offers fixed, index-linked and variable annuities, as well as pension products, regular savings products, whole and term, endowments and universal life and group products, longevity reinsurance products, credit insurance products, and protection against long-term healthcare services. MetLife, Inc. is an American insurance company headquartered in New York, New York.
Earnings Per Share
As for profitability, MetLife has a trailing twelve months EPS of $5.68.
PE Ratio
MetLife has a trailing twelve months price to earnings ratio of 12.66. Meaning, the purchaser of the share is investing $12.66 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 6.76%.Moving Average
MetLife's worth is below its 50-day moving average of $73.76 and higher than its 200-day moving average of $67.46.3. SpartanNash Company (SPTN)
47.95% Payout Ratio
SpartanNash Company sells groceries. The company operates in three areas: Food Distribution and Military. Food Distribution offers 68,000 units of stock, including dry grocery, milk products, fresh produce, baked goods, fish, flowers, beverage, tobacco products and general merchandise. It also sells pharmacy products to national retailers as well as independent retail outlets, corporate-owned retail shops, and food service distributors. The segment offers value-added services for retailers. The Military segment distributes groceries to approximately 160 military commissaries located across 39 US states and D.C., Europe, Cuba and Puerto Rico. Neighborhood markets are the primary focus of the Retail segment. It operated 154 supermarkets as of March 11, 2021. These were primarily known under the names Family Fare and Martin's Super Markets. D&W Fresh Market, D&W Fresh Market, VG's Grocery and Dan's Supermarket. SpartanNash Company distributes and markets private brands primarily under its Our Family name. The business was previously known as Spartan Stores, Inc., but it changed its name in November 2013 to SpartanNash Company. SpartanNash Company was established in 1917. It is located in Grand Rapids in Michigan.
Earnings per Share
SpartanNash Company's trailing 12 months EPS is $2.12.
PE Ratio
The trailing 12-month price-earnings ratio for SpartanNash Company is 14.42. The purchaser of the shares is therefore investing $14.42 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 7.98%.Volume
Today's last reported volume for SpartanNash Company is 200395 which is 26.4% below its average volume of 272277.
4. MarketAxess Holdings (MKTX)
42.86% Payout Ratio
MarketAxess Holdings Inc. and its subsidiaries operate an electronic trading platform that caters to institutional investors as well as broker-dealers worldwide. You can access liquidity in U.S. high yield bonds and investment-grade U.S. bonds as well as U.S. Treasuries and U.S. Treasuries. It also offers access to municipal bonds and emerging market bonds as well as Eurobonds and fixed-income securities. Through its Open Trading protocols the company executes bonds trades among broker-dealer and institutional investors in an anonymous trading environment that allows corporate bonds to be traded. The company also provides trading services such as composite+ pricing, market data products to help clients make trading decisions. It offers auto-execution services and other execution services for clients who require specialized workflow solutions. Connectivity solutions to facilitate straight-through processing. Technology services are available to improve trading environments. The company also offers various services such as pre- and post-trade, including trade matching, trade publishing, regulatory transaction reports, market and reference data for a variety of fixed-income products. MarketAxess Holdings Inc. is an American company that was founded in 2000. Its headquarters are in New York.
Earnings Per Share
As for profitability, MarketAxess Holdings has a trailing twelve months EPS of $8.
PE Ratio
MarketAxess Holdings has a trailing twelve months price to earnings ratio of 41.13. Meaning, the purchaser of the share is investing $41.13 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 23.45%.Sales Growth
MarketAxess Holdings's sales growth is 7.3% for the current quarter and 8.6% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 31, 2022, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 1.17%.
Volume
Today's last reported volume for MarketAxess Holdings is 289036 which is 18.82% below its average volume of 356058.