(VIANEWS) - Rexford Industrial Realty (REXR), Artesian Resources Corporation (ARTNA), Stanley Black & Decker (SWK) 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 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. Rexford Industrial Realty (REXR)
127.42% Payout Ratio
Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.
Earnings per Share
Rexford Industrial Realty's trailing 12 months earnings per share (EPS) is $0.93
PE Ratio
Rexford Industrial Realty's trailing 12-month price-to-earnings ratio is 58.59. The purchaser of the shares is therefore investing $58.59 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 3.09%.Sales Growth
Rexford Industrial Realty's sales growth is 31.9% for the ongoing quarter and 28.1% for the next.
2. Artesian Resources Corporation (ARTNA)
54.59% Payout Ratio
Artesian Resources Corporation provides water and wastewater services through its subsidiaries in Delaware, Maryland and Pennsylvania. It distributes and supplies water to commercial, industrial and municipal customers as well as public and private fire protection services in Pennsylvania, Maryland and Delaware. The company also offers contract water and wastewater services. It provides water, sewer and internal line protection plans. They offer wastewater management services as well as design and construction services. The company also provides services to water utilities including billing and operations functions. It owns real property, which includes land for offices, a wastewater facility, and real estate. Additionally, it offers design, installation and maintenance services in relation to storm water management systems. It served roughly 90,300 Delaware metered customers, 2,500 Maryland metered customers, and 40 Pennsylvania customers through its 1,368 mile transmission and distribution lines. Artesian Resources Corporation was established in Newark in Delaware in 1905.
Earnings Per Share
As for profitability, Artesian Resources Corporation has a trailing twelve months EPS of $1.98.
PE Ratio
Artesian Resources Corporation has a trailing twelve months price to earnings ratio of 27.56. Meaning, the purchaser of the share is investing $27.56 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 10.33%.3. Stanley Black & Decker (SWK)
39.26% Payout Ratio
Stanley Black & Decker, Inc. is involved in tools, storage, and industrial business in the United States, Canada, France, Rest of Americas, Europe, and Asia. The Tools & Storage section offers professionals products including corded or cordless power tools and equipment and pneumatic tools. It also sells consumer products such as lawn products and accessories. The segment's products are sold through dealers, retailers, distributors and dealers. It also has a direct sales force that sells directly to professionals, end users, wholesale consumers, dealers and retail customers. Customers in manufacturing, electronics and aerospace can get engineered fastening products and systems from the company's industrial segment. It also sells and rents customized pipe handling and joint welding equipment, along with coating equipment, for the construction of small and large diameter pipelines. The division also provides inspection and repair services. This section serves the oil and natural gas pipeline sector and other industrial customers. The company also offers automatic doors for commercial customers. The Stanley Works was the company's former name. In March 2010, it changed its name from The Stanley Works to Stanley Black & Decker, Inc. Stanley Black & Decker, Inc., was established in 1843. It is headquartered at New Britain, Connecticut.
Earnings per Share
Stanley Black & Decker's trailing 12 months EPS is $9.84.
PE Ratio
The trailing 12 months earnings to price ratio for Stanley Black & Decker is 7.43. The purchaser of the shares is therefore investing $7.43 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 9.33%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 1, 2022, the estimated forward annual dividend rate is 3.2 and the estimated forward annual dividend yield is 3.29%.
4. HBT Financial (HBT)
32.31% Payout Ratio
HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company and State Bank of Lincoln that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. It offers money market, savings, checking, HSA, IRA, and interest-bearing transaction accounts; time, brokered, and noninterest-bearing demand deposits; and certificates of deposits. The company also offers commercial and industrial, agricultural and farmland, commercial real estate– owner and– non-owner occupied, multi-family, construction and land development, one-to-four family residential, and municipal, consumer, and other loans. In addition, it offers wealth management services, including financial planning to individuals, trusts, and estates; trustee and custodial, investment management, corporate retirement plan consulting and administration, and retail brokerage services; farmland management, farmland sale, and crop insurance services; and treasury management services, as well as originates and sells residential mortgage loans. Further, the company provides digital banking services, such as online and mobile banking, and digital payment services, as well as personal financial management tools. It operates through 60 full-service and three limited-service branch locations across 18 counties in Central and Northeastern Illinois. The company was formerly known as Heartland Bancorp, Inc. and changed its name to HBT Financial, Inc. in September 2019. HBT Financial, Inc. was founded in 1920 and is headquartered in Bloomington, Illinois.
Earnings per Share
HBT Financial's trailing 12 months profit per share is $2.02.
PE Ratio
HBT Financial's trailing 12-month price-earnings ratio is 9.75. The purchaser of the shares is therefore investing $9.75 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 15.42%.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be on August 7, 2022. The forward annual dividend rate for the year is 0.64, and the forward annual dividend yield of 3.39%.