(VIANEWS) - Star Bulk Carriers Corp. (SBLK), First Bancorp (FNLC), E.I. du Pont de Nemours and Company (DD) are the highest payout ratio stocks on this list.
We have gathered information concerning 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.
1. Star Bulk Carriers Corp. (SBLK)
64.07% Payout Ratio
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.
Earnings per Share
Star Bulk Carriers Corp.'s trailing 12 months EPS is $8.74.
PE Ratio
Star Bulk Carriers Corp.'s trailing 12 months earnings to price ratio is 2.19. The purchaser of the shares is therefore investing $2.19 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 39.29%.2. First Bancorp (FNLC)
45.94% Payout Ratio
First Bancorp, Inc. is the holding company of First National Bank. It offers a variety of banking services and products to both individuals and businesses. You can choose from a variety of deposit options, such as demand, NOW savings, money market and certificates. It also offers commercial real-estate loan products such as mortgage loans for investments in multi-family residential and commercial/retail properties, or office and industrial properties. Commercial construction loans are available to help finance the construction of non-owner-occupied and owner-occupied commercial realty properties. Other commercial loans include term and revolving loan obligations to businesses and corporations to fund working capital and capital investment. It also offers municipal loans to finance capital expenditures, projects or tax anticipation notes. Residential term loans include home mortgages that are amortizing and home equity loans. Consumer loans include loan options for individuals secured by cars, pleasure craft, and recreational vehicles. The company also offers private banking, financial planning and investment management services, trust services, payment processing, and home equity loans. The company operates 18 fully-service banks in Lincoln, Knox and Waldo counties, in the Mid-Coast and Eastern regions of Maine. The original name of the company was First National Lincoln Corporation. In April 2008, it changed its name from The First Bancorp, Inc. The First Bancorp, Inc. was established in 1864. It is located in Damariscotta, Maine.
Earnings per Share
First Bancorp's trailing 12 months profit per share was $3.6
PE Ratio
First Bancorp's trailing 12-month price-to-earnings ratio is 8.66. The purchaser of the shares is therefore investing $8.66 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 17.15%.3. E.I. du Pont de Nemours and Company (DD)
42.28% Payout Ratio
DuPont de Nemours, Inc. provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: Electronics & Industrial, Mobility & Materials, and Water & Protection. The Electronics & Industrial segment supplies materials and printing systems to the advanced printing industry; and materials and solutions for the fabrication of semiconductors and integrated circuits addressing front-end and back-end of the manufacturing process. This segment also provides semiconductor and advanced packaging materials; dielectric and metallization solutions for chip packaging; and silicones for light emitting diode packaging and semiconductor applications; permanent and process chemistries for the fabrication of printed circuit boards to include laminates and substrates, electroless, and electrolytic metallization solutions, as well as patterning solutions, and materials and metallization processes for metal finishing, decorative, and industrial applications. In addition, it offers various materials to manufacture rigid and flexible displays for organic light emitting diode, and other display applications, as well as provides high performance parts, and specialty silicone elastomers, and lubricants. The Mobility & Materials segment provides engineering resins, silicone encapsulants, pastes, filaments, and advanced films to engineers and designers in the transportation, electronics, renewable energy, industrial, and consumer end-markets. The Water & Protection segment provides engineered products and integrated systems for worker safety, water purification and separation, transportation, energy, medical packaging and building materials. The company was formerly known as DowDuPont Inc. and changed its name to DuPont de Nemours, Inc. in June 2019. DuPont de Nemours, Inc. is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, E.I. du Pont de Nemours and Company has a trailing twelve months EPS of $-4.02.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 6.05%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 85.2% and 57% respectively.Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on November 28, 2022. The forward dividend rate and forward dividend yield are 1.32 and 2.33% respectively.
4. Lazard LTD (LAZ)
39.14% Payout Ratio
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, capital advisory, restructurings, shareholder advisory, sovereign advisory, capital raising, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda.
Earnings per Share
Lazard LTD's trailing 12 months profit per share is $4.88.
PE Ratio
Lazard LTD's trailing 12-month price-to-earnings ratio is 7.35. The purchaser of the shares is therefore investing $7.35 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 38.93%.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is a negative 47.9% and a negative 39%, respectively.Revenue growth
The year-over-year growth in quarterly revenue was 1.3%. We now have 3.05 billion for the 12 trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lazard LTD's EBITDA is 0.94.
5. Northeast Community Bancorp (NECB)
31.34% Payout Ratio
Northeast Community Bancorp, Inc. is the holding company of Northeast Community Bank, which provides various financial services for consumers and businesses. Deposit products such as savings, checking, money market and individual retirement accounts are accepted by the company. The company offers multi-family, mixed use, and real-estate loans, commercial and industrial loans, construction loans, consumer loans, passbook, term and small-business administration loans, as well as revolving credit lines. It also provides ATM/debit, gift, and credit cards, investment advisory, financial planning, remote deposit, wire transfer and automated clearinghouse, credit card merchant and coin, as well cash management and Internet, mobile and telephone banking. Three full-service branches are available in New York, three in Massachusetts and one in Rockland County. There are also two Orange County full-service branch offices. The company also has a New York City loan production office. It was established in 1934. The headquarters are in White Plains in New York. Northeast Community Bancorp, Inc., is a subsidiary to Northeast Community Bancorp, MHC.
Earnings Per Share
As for profitability, Northeast Community Bancorp has a trailing twelve months EPS of $1.34.
PE Ratio
Northeast Community Bancorp has a trailing twelve months price to earnings ratio of 10.56. Meaning, the purchaser of the share is investing $10.56 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 8.17%.