(VIANEWS) – Northeast Community Bancorp (NECB), Hanesbrands (HBI), Kennametal (KMT) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.

1. Northeast Community Bancorp (NECB)

53.33% 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, and cash management as well as Internet and mobile banking 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 $0.9.

PE Ratio

Northeast Community Bancorp has a trailing twelve months price to earnings ratio of 14.43. Meaning,
the purchaser of the share is investing $14.43 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 6.7%.

Yearly Top and Bottom Value

Northeast Community Bancorp’s stock is valued at $12.99 at 02:23 EST, below its 52-week high of $13.15 and way above its 52-week low of $10.39.

Sales Growth

Northeast Community Bancorp’s sales growth is 39% for the ongoing quarter and 28.6% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 30, 2022, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 2.77%.

2. Hanesbrands (HBI)

46.88% Payout Ratio

Hanesbrands Inc. is a US-based consumer goods company that designs, produces, sources and sells basic clothing for children, men and women. It operates in three distinct segments, including Activewear, Innerwear and International. The company sells women’s underwear and children’s pants, men’s underwear and activewear as well socks and hosiery. It also offers T-shirts, fleeces, shorts, T-shirts, T-shirts, T-shirts, T-shirts with performance, T-shirts for athletes, thermals, licensed logo apparel through collegiate bookstores, mass retail outlets, and other channels. It licenses the Champion brand name for shoes and accessories. Hanesbrands Inc. sells its products primarily under Hanes, Champion and JMS/Just My Size, Polo Ralph Lauren. Playtex, DKNY. Donna Karan. Alternative, Gear for Sports. Hanes Beefy T, Bonds. Sheridan. Bras N Things/Nur Der. Lovable. Wonderbra. Berlei. Berlei. Abanderado. Shock Absorber. Zorba. Explorer. Sol y Oro. It sells its products via wholesalers and retailers as well as direct to customers through the internet. It had 243 direct and retail outlet stores within the United States, the Commonwealth of Puerto Rico and 690 outlets and retail stores around the world as of December 29 2018. It also exports products to Brazil, Australia, Latin America and Asia. Hanesbrands Inc. was established in 1901. It is located in Winston-Salem in North Carolina.

Earnings Per Share

As for profitability, Hanesbrands has a trailing twelve months EPS of $1.28.

PE Ratio

Hanesbrands has a trailing twelve months price to earnings ratio of 5.65. Meaning,
the purchaser of the share is investing $5.65 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 70.86%.

Moving Average

Hanesbrands’s worth is way below its 50-day moving average of $9.64 and way under its 200-day moving average of $12.91.

3. Kennametal (KMT)

46.51% Payout Ratio

Kennametal Inc. designs and uses tungsten carbides and ceramics. These materials are used in extreme wear and metal cutting applications. Customers can also use them to resist corrosion and high temperature conditions. The company operates in three areas: Industrial, Widia and Infrastructure. It offers custom and standard products. These include turning, milling and hole making. The company also provides services and special wear components. The company also offers custom and standard metal cutting solutions for general engineering, aviation, energy and transport customers. The company also produces nozzles, custom components, compacts and frac seats for oil and natural gas and petrochemical sectors; rod blanks; abrasive waterjet nozzles for general industry; earth cutting tools used in underground mining and trenching, foundation drilling, road milling; specialty alloy powders and tungsten carbide for oil and other process and aerospace industries. Ceramics are used by the packaging sector for metalization of papers and films. The company sells its products through direct sales, a network independent distributors and national chains, integrated suppliers channels, value-added resellers and the internet. Kennametal Inc. was established in 1938 in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, Kennametal has a trailing twelve months EPS of $1.72.

PE Ratio

Kennametal has a trailing twelve months price to earnings ratio of 11.97. Meaning,
the purchaser of the share is investing $11.97 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 11.3%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 7, 2022, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.85%.

4. Progress Software Corporation (PRGS)

32.71% Payout Ratio

Progress Software Corporation is a company that develops, deploys and manages business software. OpenEdge is a software development tool that creates multilingual applications that can be securely deployed across multiple platforms and devices. It also offers developer tools, including components that allow for the development of user interfaces for web, mobile and desktop apps. Corticon, a business rule management system, provides decision automation, change management, and insight capabilities. DataDirect Connect is a data connection service that connects applications on different platforms using standard interfaces. MOVEit allows for secure collaboration as well as file transfer automation. Chef, an infrastructure platform, is available to create, deploy and manage secure applications on both multi-cloud or hybrid environments. WhatsUp Gold provides network monitoring and management solutions. Kemp LoadMaster is a load balancing solution; Kemp Flowmon network performance monitoring, and diagnostic solutions for collecting and analysing network telemetry, are also offered by the company. It also offers project management and implementation services. It sells products to independent software vendors and original equipment producers, as well as system integrators. The company has offices in America, Canada, Latin America and Europe. It was established in Burlington in Massachusetts in 1981.

Earnings Per Share

As for profitability, Progress Software Corporation has a trailing twelve months EPS of $2.14.

PE Ratio

Progress Software Corporation has a trailing twelve months price to earnings ratio of 20.66. Meaning,
the purchaser of the share is investing $20.66 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 25.88%.

5. Silvercrest Asset Management Group (SAMG)

30.09% Payout Ratio

Silvercrest Asset Management Group Inc. is a wealth management company that provides family offices and financial advice in the United States. It serves families and ultra-high net wealth individuals, along with their trusts, endowments, foundations and other institutional investors. The company also manages other investment funds, funds of funds, and investments funds. It was established in New York in 2002.

Earnings Per Share

As for profitability, Silvercrest Asset Management Group has a trailing twelve months EPS of $2.26.

PE Ratio

Silvercrest Asset Management Group has a trailing twelve months price to earnings ratio of 8.14. Meaning,
the purchaser of the share is investing $8.14 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 31.24%.

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