(VIANEWS) - ASML Holding (ASML), Old National Bancorp (ONB), Atlantic Union Bankshares Corporation (AUB) 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 issue 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. ASML Holding (ASML)
49.5% Payout Ratio
ASML Holding N.V. designs, manufactures, markets, sells and services high-tech semiconductor equipment systems. These systems include lithography and metrology as well as inspection systems. It offers both deep and extreme ultraviolet lithography systems. The company also provides metrology and inspection solutions, such as YieldStar optical metrology systems to determine the pattern quality on wafers and HMI-e beam solutions to identify and analyze chip imperfections. The company also offers software and computational lithography solutions that improve the setting up of the lithography systems. It also provides mature products and services to refurbish used equipment. The company operates across Asia, including Japan, South Korea and Taiwan. Named ASM Lithography Holding N.V., the company changed its name in 2001 to ASML Holding N.V. ASML Holding N.V. is located in Veldhoven in the Netherlands. It was established in 1984.
Earnings per Share
ASML Holding's trailing 12-month EPS is $12.96.
PE Ratio
ASML Holding's trailing 12-month price-earnings ratio is 50.91. The purchaser of the shares is required to invest $50.91 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 57.37%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 2, 2022, the estimated forward annual dividend rate is 6.63 and the estimated forward annual dividend yield is 1.37%.
2. Old National Bancorp (ONB)
49.12% Payout Ratio
Old National Bancorp is the bank holding company of Old National Bank. It provides financial services for individual and business customers throughout the United States. Deposit accounts are accepted, with interest bearing checking and noninterest bearing demand. It also accepts savings and money market deposits. Loans such as residential equity lines of credit and consumer loans. It also offers automated teller machines cards and debit, along with telephone access and online banking. It operated 162 banks centers, primarily located in Indiana, Kentucky and Minnesota. Old National Bancorp, which was established in 1834, is located in Evansville (Indiana).
Earnings Per Share
As for profitability, Old National Bancorp has a trailing twelve months EPS of $1.75.
PE Ratio
Old National Bancorp has a trailing twelve months price to earnings ratio of 10.19. Meaning, the purchaser of the share is investing $10.19 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 7.11%.Moving Average
Old National Bancorp's value is under its 50-day moving average of $18.51 and higher than its 200-day moving average of $16.84.3. Atlantic Union Bankshares Corporation (AUB)
42.7% Payout Ratio
Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine (ATM) services, mobile and internet banking services, and online bill payment services, as well as financial planning, trust, and wealth management services. Further, the company offers securities, brokerage, and investment advisory products and services; and originates and sells residential loan products in the secondary market. As of February 16, 2021, it operated 129 branches and approximately 150 ATMs in Virginia, Maryland, and North Carolina. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.
Earnings per Share
Atlantic Union Bankshares Corporation's trailing 12-month EPS is $2.67.
PE Ratio
Atlantic Union Bankshares Corporation's trailing 12-month price-to-earnings ratio is 13.28. The purchaser of the shares is therefore investing $13.28 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 8.51%.4. F.N.B. Corporation (FNB)
42.48% Payout Ratio
F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services. The company also provides consumer banking products and services, such as deposit products, mortgage and consumer lending services, and mobile and online banking services; and wealth management services comprising personal and corporate fiduciary services comprising administration of decedent and trust estates; securities brokerage and investment advisory services, mutual funds, and annuities; and commercial and personal insurance products, as well as mezzanine financing options for small- to medium-sized businesses. As of December 31, 2019, it operated 369 community banking offices in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, and South Carolina. F.N.B. Corporation was founded in 1864 and is headquartered in Pittsburgh, Pennsylvania.
Earnings per Share
F.N.B. is the most profitable company. Corporation's trailing 12 months EPS is $0.99
PE Ratio
F.N.B. Corporation's trailing 12 months earnings to price ratio is 13.53. The purchaser of the shares is therefore investing $13.53 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 7.59%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 36.7% and 58.3%, respectively.5. ResMed (RMD)
31.7% Payout Ratio
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME)to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; and HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies. The company markets its products primarily to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force in approximately 140 countries. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.
Earnings per Share
ResMed's trailing 12 month EPS is $3.13.
PE Ratio
ResMed's trailing 12-month price-earnings ratio is 69.7. The purchaser of ResMed shares is investing $69.7 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability of a company relative to shareholders' equity, was 24.96%.