(VIANEWS) - Sysco Corporation (SYY), Cousins Properties Incorporated (CUZ), CVB Financial Corporation (CVBF) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up until now. 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. Sysco Corporation (SYY)
71.97% Payout Ratio
Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; dairy products; beverages; imported specialties; and fresh produce products. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which include pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of July 2, 2022, it operated 333 distribution facilities. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Sysco Corporation has a trailing twelve months EPS of $-0.66.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 90.53%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 19.3% and 47.4%, respectively.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 5, 2022, the estimated forward annual dividend rate is 1.96 and the estimated forward annual dividend yield is 2.35%.
Volume
Today's last reported volume for Sysco Corporation is 1625510 which is 29.86% below its average volume of 2317570.
Yearly Top and Bottom Value
Sysco Corporation's stock is valued at $78.01 at 07:23 EST, way below its 52-week high of $91.53 and way higher than its 52-week low of $70.61.
2. Cousins Properties Incorporated (CUZ)
61.35% Payout Ratio
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments.
Earnings Per Share
As for profitability, Cousins Properties Incorporated has a trailing twelve months EPS of $2.07.
PE Ratio
Cousins Properties Incorporated has a trailing twelve months price to earnings ratio of 12.6. Meaning, the purchaser of the share is investing $12.6 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 6.79%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 2, 2023, the estimated forward annual dividend rate is 1.28 and the estimated forward annual dividend yield is 5.02%.
Growth Estimates Quarters
The company's growth estimates for the ongoing quarter is a negative 84.8% and positive 10.5% for the next.Volume
Today's last reported volume for Cousins Properties Incorporated is 1405730 which is 9.91% above its average volume of 1278960.
Moving Average
Cousins Properties Incorporated's value is higher than its 50-day moving average of $25.00 and way below its 200-day moving average of $29.06.3. CVB Financial Corporation (CVBF)
48.39% Payout Ratio
CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. The company offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers. It also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans that are secured by owner-occupied and investor owned properties; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit. The company offers various specialized services, such as treasury management systems for monitoring cash flow, merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access. In addition, it provides trust services through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. As of December 31, 2020, the company operated 57 banking centers located in the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California; one loan production office located in Modesto, California; and three trust offices located in Ontario, Newport Beach, and Pasadena. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.
Earnings Per Share
As for profitability, CVB Financial Corporation has a trailing twelve months EPS of $1.5.
PE Ratio
CVB Financial Corporation has a trailing twelve months price to earnings ratio of 16.49. Meaning, the purchaser of the share is investing $16.49 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 11.01%.Volume
Today's last reported volume for CVB Financial Corporation is 424998 which is 38.51% below its average volume of 691190.
Moving Average
CVB Financial Corporation's value is below its 50-day moving average of $26.88 and under its 200-day moving average of $25.71.4. Republic Services (RSG)
42.2% Payout Ratio
Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States. The company offers collection and processing of recyclable materials, collection, transfer and disposal of non-hazardous solid waste, and other environmental solutions. Its collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and waste containers; and renting of compactors. In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill and transfer services. Further, it offers disposal of non-hazardous solid and liquid material and in-plant services, such as transportation and logistics. It serves small-container, large-container, and residential customers. As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states. It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.
Earnings Per Share
As for profitability, Republic Services has a trailing twelve months EPS of $3.02.
PE Ratio
Republic Services has a trailing twelve months price to earnings ratio of 40.96. Meaning, the purchaser of the share is investing $40.96 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 15.42%.Revenue Growth
Year-on-year quarterly revenue growth grew by 21.4%, now sitting on 12.27B for the twelve trailing months.
5. Nike (NKE)
34.66% Payout Ratio
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Earnings Per Share
As for profitability, Nike has a trailing twelve months EPS of $2.14.
PE Ratio
Nike has a trailing twelve months price to earnings ratio of 59.82. Meaning, the purchaser of the share is investing $59.82 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 37.39%.Sales Growth
Nike's sales growth for the current quarter is 10.4%.
Volume
Today's last reported volume for Nike is 4236280 which is 46.17% below its average volume of 7870200.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.6%, now sitting on 47.15B for the twelve trailing months.
6. Northrim BanCorp (NRIM)
33.33% Payout Ratio
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement accounts, money market deposit accounts, and certificates of deposit. It also provides family residential mortgages; commercial loans, such as secured and unsecured loans for working capital and expansion; commercial real estate loans; construction loans for commercial real estate projects, and land development and residential subdivision construction loans; and loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, the company offers other services that include consumer online banking, mobile app and mobile deposit, mobile Web and text banking, business online banking, personal finance, online documents, consumer and business debit cards, home equity advantage access cards, and telebanking and automated teller services. Further, it provides personalized checks, overdraft protection from savings accounts, commercial drive-up banking, automatic transfers and payments, people pay, external and wire transfers, bill pay, direct payroll deposits, electronic tax payments, automated clearing house origination and receipt, remote deposit capture, and account reconciliation and positive pay services, as well as merchant and cash management programs, annuity products, and long term investment portfolios. As of December 31, 2020, the company operated 16 branches in Anchorage, the Matanuska-Susitna Valley, Juneau, Fairbanks, Ketchikan, Sitka, and Kenai Peninsula. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.
Earnings Per Share
As for profitability, Northrim BanCorp has a trailing twelve months EPS of $5.1.
PE Ratio
Northrim BanCorp has a trailing twelve months price to earnings ratio of 10.37. Meaning, the purchaser of the share is investing $10.37 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 13.35%.Volume
Today's last reported volume for Northrim BanCorp is 18539 which is 11.22% above its average volume of 16668.