(VIANEWS) – Telephone and Data Systems (TDS), Franklin Universal Trust (FT), Bank of New York Mellon (BK) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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. Telephone and Data Systems (TDS)

174.39% Payout Ratio

Telephone and Data Systems, Inc. is a US telecommunications firm that provides communication services. TDS Telecom and UScellular are its two main segments. The company offers wireless solutions to consumers and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products. The company also offers replace and repair services and a Trade-In program, through which customers can sell their used equipment. It also offers internet connections and all home WI-FI services. TDS TV+ is an integrated cloud TV platform, offering video content, local and long distance telephone service, VoIP and enhanced services. It sells products via direct, indirect, and third-party sales. Independent agents as well as ecommerce, telesales, as well. It offers 5 million wireless connections and 1.2million wireline and cable connection services as of December 31, 2021. It was founded in 1968 in Chicago, Illinois.

Earnings Per Share

As for profitability, Telephone and Data Systems has a trailing twelve months EPS of $0.41.

PE Ratio

Telephone and Data Systems has a trailing twelve months price to earnings ratio of 25.22. Meaning,
the purchaser of the share is investing $25.22 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 2.04%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Telephone and Data Systems’s EBITDA is 1.19.

Moving Average

Telephone and Data Systems is worth less than its $50-day average moving average at $14.01 and much more than its $200-day average moving average at $16.60.

Sales Growth

Telephone and Data Systems’s sales growth is 1.9% for the ongoing quarter and 3.4% for the next.

2. Franklin Universal Trust (FT)

71.82% Payout Ratio

Franklin Resources, Inc. launched Franklin Universal Trust, a closed-ended, balanced mutual fund. Franklin Advisers, Inc. manages the fund. The fund invests in fixed and public income markets within the United States. It invests in utilities companies. The fund uses fundamental analysis to diversify its portfolio with dividend-paying utility stocks and corporate bonds. Fund benchmarks its equity portfolio against S&P 500 Electric Utilities Index, and the fixed against Credit Suisse High Yield. Franklin Universal Trust was established on September 23, 1988, and it is based in the United States.

Earnings Per Share

As for profitability, Franklin Universal Trust has a trailing twelve months EPS of $0.37.

PE Ratio

Franklin Universal Trust has a trailing twelve months price to earnings ratio of 18.22. Meaning,
the purchaser of the share is investing $18.22 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 8.68%.

Moving Average

Franklin Universal Trust’s worth is under its 50-day moving average of $6.77 and way under its 200-day moving average of $7.52.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.4%, now sitting on 14.45M for the twelve trailing months.

Yearly Top and Bottom Value

Franklin Universal Trust’s stock is valued at $6.67 at 13:23 EST, way below its 52-week high of $8.79 and above its 52-week low of $6.13.

3. Bank of New York Mellon (BK)

42.38% Payout Ratio

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, prime brokerage, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services; and clearance and collateral management services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Bank of New York Mellon has a trailing twelve months EPS of $3.75.

PE Ratio

Bank of New York Mellon has a trailing twelve months price to earnings ratio of 11.92. Meaning,
the purchaser of the share is investing $11.92 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 6.88%.

4. RPM International (RPM)

39.41% Payout Ratio

RPM International Inc. manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers and sealants, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; and insulated building cladding materials and concrete form wall systems. It also provides polymer flooring systems; fiberglass reinforced plastic gratings and shapes; corrosion-control coating, containment lining, fire and sound proofing, and insulation products; and specialty construction products; and amine curing agents, reactive diluents, specialty epoxy resins and other intermediates. In addition, it offers fluorescent colorants and pigments; shellac-based-specialty and marine coatings; fire and water damage restoration, and carpet cleaning and disinfecting products; fuel additives; wood treatments, furniture finishes, and touch-up products; and nail enamels, polishes, and coating components. Further, it offers specialty products for paint contractors and the DIYers, deck and fence restoration products, metallic and faux finish coatings, exterior wood deck and concrete restoration systems, flooring finishes, and hobby paints and cements; and caulk, sealant, adhesive, insulating foam, spackling, glazing, and patch and repair products. The company was founded in 1947 and is headquartered in Medina, Ohio.

Earnings per Share

RPM International’s trailing 12 months profit per share is $4.06.

PE Ratio

RPM International’s trailing 12 months earnings to price ratio is 25.51. The purchaser of the shares is investing $25.51 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 company, was 27.82%.

Earnings before Interest, Taxes and Depreciation

RPM International’s EBITDA stands at 2.27.