(VIANEWS) - Open Text Corporation (OTEX), Middlesex Water Company (MSEX), Eagle Bancorp (EGBN) 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 promise 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 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. Open Text Corporation (OTEX)
60.52% Payout Ratio
Open Text Corporation designs, markets and sells information management solutions and software. OpenText Information Management Software Platform, Carbonite products and Webroot are some of its offerings. OpenText Digital Experience Platform, OpenText Developer Cloud and key API services. The company also offers Discovery platform which provides unstructured and forensic data analytics. It also offers support services, such as software updates, knowledge bases, discussion, product information and an online platform to submit and review problems. Consulting and learning services are available for the integration, training and implementation of licensed products as well as cloud-based services. It serves companies and public sector agencies as well as small and medium-sized business owners and consumers across Canada, the United States and Europe. Strategic partnerships include SAP SE, Google Cloud and Amazon AWS. Microsoft Corporation, Oracle Corporation. Salesforce.com Corporation. Accenture plc. ATOS. Capgemini Technology Services SAS. Cognizant Technology Solutions U.S. Corp. Deloitte Consulting LLP. Tata Consultancy Services. It was founded in 1991, and its headquarters are in Waterloo in Canada.
Earnings Per Share
As for profitability, Open Text Corporation has a trailing twelve months EPS of $0.33.
PE Ratio
Open Text Corporation has a trailing twelve months price to earnings ratio of 89.83. Meaning, the purchaser of the share is investing $89.83 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 9.77%.Yearly Top and Bottom Value
Open Text Corporation's stock is valued at $29.74 at 07:23 EST, way under its 52-week high of $48.46 and way above its 52-week low of $24.91.
Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on August 31, 2022. The forward dividend rate for the year is 0.97, and the forward dividend yield is 3.35.
Growth Estimates Quarters
The company's growth estimates for the present quarter is a negative 1.9% and positive 5.4% for the next.Moving Average
Open Text Corporation is worth more than its $50-day average value of $28.78, and much less than its $200-day average value of $34.88.2. Middlesex Water Company (MSEX)
51% Payout Ratio
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.18.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 36.04. Meaning, the purchaser of the share is investing $36.04 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 10.66%.3. Eagle Bancorp (EGBN)
48.05% Payout Ratio
Eagle Bancorp, Inc. operates as the bank holding company for EagleBank that provides commercial and consumer banking services primarily in the United States. The company also offers various commercial and consumer lending products comprising commercial loans for working capital, equipment purchases, real estate lines of credit, and government contract financing; asset based lending and accounts receivable financing; construction and commercial real estate loans; business equipment financing; consumer home equity lines of credit, personal lines of credit, and term loans; consumer installment loans, such as auto and personal loans; personal credit cards; and residential mortgage loans. In addition, it provides online and mobile banking services; and other services, including cash management services, business sweep accounts, lock boxes, remote deposit captures, account reconciliation services, merchant card services, safety deposit boxes, and automated clearing house origination, as well as after-hours depositories and ATM services. Further, the company offers insurance products and services through a referral program. The company serves sole proprietors, small and medium-sized businesses, partnerships, corporations, non-profit organizations and associations, and individuals, as well as investors. As of December 31, 2021, it operated seventeen banking offices comprising 6 in Suburban Maryland, 5 in the District of Columbia, and 6 in Northern Virginia. Eagle Bancorp, Inc. was incorporated in 1997 and is headquartered in Bethesda, Maryland.
Earnings per Share
Eagle Bancorp's trailing 12 months profit per share is $4.44
PE Ratio
Eagle Bancorp's trailing 12-month price-to-earnings ratio is 9.93. The purchaser of the shares is therefore investing $9.93 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 11%.4. Emclaire Financial Corp (EMCF)
33.42% Payout Ratio
Emclaire Financial Corp operates as the bank holding company for The Farmers National Bank of Emlenton that provides retail and commercial financial products and services to individuals and businesses in western Pennsylvania. The company's deposit products include checking, savings, and term certificate accounts; savings and time deposits; non-interest bearing and interest-bearing demand deposit accounts; and money market accounts. Its loan portfolio comprises one-to-four family mortgage loans, home equity loans, commercial business and commercial real estate loans, consumer loans, and loans to one borrower. The company operates a network of 19 retail branch offices in Venango, Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer counties, and Pennsylvania. The company was founded in 1900 and is headquartered in Emlenton, Pennsylvania.
Earnings per Share
Emclaire Financial Corp's trailing 12 months profit per share was $3.68
PE Ratio
Emclaire Financial Corp's trailing 12-month price-to-earnings ratio is 8.59. The purchaser of the shares is therefore investing $8.59 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 12.58%.Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on November 29, 2022. The forward dividend rate for the year is estimated at 1.24, and the forward dividend yield to be 3.92%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 5.7%, now sitting on 35.45M for the twelve trailing months.
Yearly Top and Bottom Value
Emclaire Financial Corp's stock is valued at $31.60 at 07:23 EST, way below its 52-week high of $40.80 and way higher than its 52-week low of $25.23.
Volume
Today's last reported volume for Emclaire Financial Corp is 18655 which is 560.82% above its average volume of 2823.
5. Donaldson Company (DCI)
32.73% Payout Ratio
Donaldson Company, Inc. produces and sells replacement parts and filtration systems worldwide. It operates in two divisions, Engine Products or Industrial Products. The company's Engine Products segment offers replacement filters for liquid and air filtration applications, liquid filtration system for fuel, oil, and hydraulic applications, exhaust and emission systems and sensors, indicators, and monitoring systems. The segment is available to OEMs in construction, agriculture, aerospace and defense as well as independent distributors and OEM dealer networks. Private label accounts and large fleets are also sold. The company's Industrial Products segment offers dust, fume, and mist collectors; compressed air purification systems; gas and liquid filtration for food, beverage, and industrial processes; air filtration systems for gas turbines; polytetrafluoroethylene membrane-based products; and specialized air and gas filtration systems for applications, including hard disk drives, semi-conductor manufacturing and sensors, indicators, and monitoring systems. The segment's products are sold to many dealers, distributors, OEMs for gas-fired turbos as well OEMs and end users who require air filtration and replacement filters. Donaldson Company, Inc., was established in Bloomington, Minnesota, in 1915.
Earnings Per Share
As for profitability, Donaldson Company has a trailing twelve months EPS of $2.75.
PE Ratio
Donaldson Company has a trailing twelve months price to earnings ratio of 21.71. Meaning, the purchaser of the share is investing $21.71 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 30.2%.Revenue growth
The year-on-year revenue growth was 11.4%. We now have 3.39B in the 12 trailing months.