(VIANEWS) - National Health Investors (NHI), Argan (AGX), Lake Shore Bancorp (LSBK) are the highest payout ratio stocks on this list.
We have congregated information regarding 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 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.
1. National Health Investors (NHI)
244.9% Payout Ratio
National Health Investors, Inc. was founded in 1991. It is a real-estate investment trust that specializes in the sale-leaseback, joint venture, mortgage, mezzanine, and mortgage financing of senior housing, as well as medical investments. NHI has a portfolio that includes independent, assisted, and memory care communities as well as entrance-fee retirement communities and skilled nursing facilities. It also owns medical office buildings, specialty hospitals, and medical office buildings.
Earnings Per Share
As for profitability, National Health Investors has a trailing twelve months EPS of $1.47.
PE Ratio
National Health Investors has a trailing twelve months price to earnings ratio of 38.46. Meaning, the purchaser of the share is investing $38.46 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 4.57%.Moving Average
National Health Investors's value is way below its 50-day moving average of $63.67 and under its 200-day moving average of $58.85.Volume
Today's last reported volume for National Health Investors is 256413 which is 0.55% below its average volume of 257846.
2. Argan (AGX)
58.14% Payout Ratio
Argan, Inc., via its subsidiaries, offers engineering, procurement, construction, commissioning, operation management, maintenance, project design, technical, consulting, and technical services for the power generation market and other renewable energy markets. It operates in three segments: Power Industry Services and Industrial Fabrication and Field Services. The Telecommunications Infrastructure Services segment is its business. Power Industry Services offers engineering procurement and construction (EPC), contracting services to owners of alternative energy facilities such as wind farms and biomass plants. It also provides design, construction management, start up, maintenance, and operations services for power projects of approximately 15 gigawatts. The segment is available to independent power project owners as well as public utilities and power equipment suppliers. Industrial Fabrication and Field Services provides services in the industrial fabrication and field of steel pipe and vessel manufacturing for power, energy and large fertilizer. It also serves petrochemical and mining companies located in the southeast United States. Telecommunications Infrastructure Services offers trenchless boring and excavation to create underground communications and power networks. It also installs private outdoor lighting systems, low-voltage electric lines and buried cable. This segment also offers cabling and terminations and physical transport of high-speed data, voice and video as well as security networks. The segment is used by state and local governments, region communications service providers and electric utilities. It also serves federal government facilities that are located in mid-Atlantic regions of the United States. Argan, Inc., was established in 1961. It is located in Rockville, Maryland.
Earnings Per Share
As for profitability, Argan has a trailing twelve months EPS of $1.72.
PE Ratio
Argan has a trailing twelve months price to earnings ratio of 18.56. Meaning, the purchaser of the share is investing $18.56 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 7.7%.Earnings Before Interest, Taxes, Depreciation, and Amortization
Argan's EBITDA is 0.27.
Sales Growth
Argan's sales growth for the next quarter is 17.9%.
3. Lake Shore Bancorp (LSBK)
56.07% Payout Ratio
Lake Shore Bancorp, Inc. is the savings and loan company that Lake Shore Savings Bank uses to provide banking services and products. You can deposit in a variety of products including regular savings deposits (Christmas Club, Passbook, or Statement savings), money market savings, and checking accounts. It also accepts interest bearing and not-interest bearing checking account comprising demand deposits; retirement accounts, time deposits, interest on lawyer accounts, and commercial savings, checking and money market accounts suitable for small and medium businesses. Its loan portfolio includes commercial real estate and commercial construction loans as well as lines of credit. Commercial loans include lines of credit such as business loan, line-of-credit, or other commercial loan. One-to-four-family residential mortgages are also available. Consumer loans can be personal, vehicle, collateralized and unsecure loans. It had 11 full-service branches in Western New York as of February 5, 2021. This included five in Chautauqua County and six in Erie County. It was established in Dunkirk in New York in 1891. Lake Shore Bancorp, Inc. is a subsidiary to Lake Shore, MHC.
Earnings Per Share
As for profitability, Lake Shore Bancorp has a trailing twelve months EPS of $1.07.
PE Ratio
Lake Shore Bancorp has a trailing twelve months price to earnings ratio of 12.61. Meaning, the purchaser of the share is investing $12.61 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 7.48%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 31, 2022, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 5.34%.
4. Peoples Bancorp of North Carolina (PEBK)
30.43% Payout Ratio
Peoples Bancorp of North Carolina, Inc. is the bank holding company of Peoples Bank. It offers various consumer and commercial banking products to small- to medium-sized business owners and individuals. You can get checking, saving, time, and money market deposits, demand deposits, certificates of deposit and borrowed funds. It offers loans for commercial real estate and construction, land development, single family residential and residential mortgages, individual taxpayer identification numbers, agricultural loans and mortgage loans. The company also offers investment advice and other non-deposit products such as stocks and bonds, mutual funds and tax deferred anuities. It also provides real estate appraisals and brokerage services. The company also acts as an appraisal clearinghouse, acquiring, managing, and disposing of real property and collateral. It also offers services as an insurance agent. It had 17 branches in Lincolnton and Newton as well as Conover, Maidens, Claremont, Hiddenite. Hickory. Charlotte, Cornelius Mooresville, Raleigh and Cary. It also has loan production offices located in Charlotte, Denver and Salisbury. Peoples Bancorp of North Carolina, Inc., was established in Newton, North Carolina, in 1912.
Earnings Per Share
As for profitability, Peoples Bancorp of North Carolina has a trailing twelve months EPS of $2.26.
PE Ratio
Peoples Bancorp of North Carolina has a trailing twelve months price to earnings ratio of 11.03. Meaning, the purchaser of the share is investing $11.03 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 10.14%.Yearly Top and Bottom Value
Peoples Bancorp of North Carolina's stock is valued at $24.94 at 02:23 EST, way below its 52-week high of $30.00 and above its 52-week low of $24.54.