(VIANEWS) - Paramount Group (PGRE), Illinois Tool Works (ITW), Kellogg Company (K) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. 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 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. Paramount Group (PGRE)
1512.5% Payout Ratio
Paramount Group, Inc., based in New York City, is an integrated real estate investment trust. It owns, operates, manages, acquires, redevelops, and maintains Class A office buildings in selected central business districts in New York City. Paramount's goal is to maximize the portfolio's value by using the desirable locations it owns and the proven management skills of Paramount to retain and attract high-quality tenants.
Earnings Per Share
As for profitability, Paramount Group has a trailing twelve months EPS of $0.02.
PE Ratio
Paramount Group has a trailing twelve months price to earnings ratio of 318.5. Meaning, the purchaser of the share is investing $318.5 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 0.38%.Earnings before Interest, Taxes and Depreciation
Paramount Group's EBITDA stands at 6.44.
Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is a negative 100% and a negative 100%, respectively.2. Illinois Tool Works (ITW)
56.74% Payout Ratio
Illinois Tool Works Inc. produces and distributes industrial equipment and products worldwide. The company operates in seven different segments, including Automotive OEM, Food Equipment and Test & Measurement and Electronics. Welding and Polymers & Fluids. Construction Products and Specialty Products are some of its key products. Automotive OEM offers metal and plastic components and fasteners for automotive, light truck, and other industrial applications. Food Equipment provides services such as warewashing and refrigeration; cooking and food processing; ventilation and control of pollution; maintenance and repairs to food equipment. Test & Measurement and Electronics produces and sells consumables and software that can be used to test and measure materials and structures. It also supplies equipment and consumables for the manufacture of microelectronics and subassemblies. The Welding section produces equipment for arc welding, as well as metal arc welding consumables. The Polymers & Fluids section produces adhesives, sealants and lubrication fluids. It also makes fluids and polymers that are used for aftermarket maintenance. Construction Products offers engineered fastening solutions and systems for residential, commercial, and renovation/remodel construction. Specialty Products includes beverage packaging equipment, consumables and product coding/marking equipment, consumables and appliances components, as well as fasteners and fasteners. The company serves automotive OEM/tiers and general industrial as well as the aftermarket. It distributes products both directly to manufacturers and through independent distributors. Illinois Tool Works Inc. was established in Glenview, Illinois in 1912.
Earnings per Share
Illinois Tool Works' trailing 12-month EPS is $6.97.
PE Ratio
Illinois Tool Works' trailing 12-month price-earnings ratio is 32.77. The purchaser of the shares is thus investing $32.77 per dollar in annual earnings.
8.49% is the company's return-on-equity, which measures profitability relative to shareholders equity for twelve months.Annual Top and Bottom Value
At 01:24 EST, Illinois Tool Works stock was valued at $228.35. This is lower than the 52-week high at $249.81 but much higher than its low 52-week of $173.52.
3. Kellogg Company (K)
51.67% Payout Ratio
Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Rice Krispies Squares, Kashi Go, Vector, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was founded in 1906 and is headquartered in Battle Creek, Michigan.
Earnings per Share
For profitability, Kellogg Company's trailing twelve-month EPS is $3.63
PE Ratio
The trailing 12 months earnings to price ratio for Kellogg Company is 20.31. The purchaser of the shares is therefore investing $20.31 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 38.94%.Volume
The Kellogg Company's latest reported volume is now 1012840, which is 57.16% less than its average volume at 2364360.
Moving Average
Kellogg Company is worth more than its moving average for 50 days of $72.50, and higher than its moving average for 200 days of $69.51.Annual Top and Bottom Value
Kellogg Company stock was valued at $73.72 as of 01:25 EST. This is less than the 52-week high at $77.17, and much higher than its 52 week low at $59.54.
Revenue growth
The year-on-year revenue growth was 2.5%. It now stands at 14.27B in the 12 trailing months.
4. Cass Information Systems (CASS)
46.47% Payout Ratio
Cass Information Systems, Inc. offers payment processing and information services to American manufacturing, retail, and distribution companies. The company operates in two parts: Information Services and Banking Services. It offers services such as freight invoice rating and payment processing. The company also pays invoices related to facility expenses, including electricity, gas and waste. It offers telecommunications expense management services. Cass Commercial Bank is the bank subsidiary. The company offers a variety of services including checking, saving, time, and industrial deposit accounts, commercial, industrial and real-estate loans, cash management and cash management to private-owned companies and faith-related ministries. It also offers a B2B platform to clients who require a flexible fintech partner. The company operates out of its bank facility in downtown St. Louis. It also has an operating branch in Bridgeton. Additional leased facilities are located in Fenton and Colorado Springs. Cass Commercial Corporation was the company's name before it changed to Cass Information Systems, Inc., in January 2001. Cass Information Systems, Inc. is located in St. Louis, Missouri.
Earnings Per Share
As for profitability, Cass Information Systems has a trailing twelve months EPS of $2.41.
PE Ratio
Cass Information Systems has a trailing twelve months price to earnings ratio of 17.98. Meaning, the purchaser of the share is investing $17.98 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 15.17%.Moving Average
Cass Information Systems's value is above its 50-day moving average of $39.42 and way higher than its 200-day moving average of $37.46.Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be made on December 1, 2022. The forward dividend rate for the year is estimated at 1.16, and the forward dividend yield to be 2.69%.
Revenue growth
The year-on-year revenue growth was 23.5%. We now have 176.67M in the 12 trailing months.
Yearly Top and Bottom Value
Cass Information Systems's stock is valued at $43.34 at 01:26 EST, below its 52-week high of $44.36 and way higher than its 52-week low of $31.85.