(VIANEWS) - Steelcase (SCS), Powell Industries (POWL), San Juan Basin Royalty Trust (SJT) 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 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. Steelcase (SCS)
341.18% Payout Ratio
Steelcase Inc. produces and sells interior architecture products, as well as user-centered technology and integrated furniture sets, in the United States. The company operates in Americas, EMEA and other segments. Its furniture products include panels, beam and fence-based furniture, storage products and fixed and height-adjustable tables. The company's seating products include task chairs, seating for casual or collaborative settings and special seating for vertical markets like healthcare and education. Interior architectural products offered by the company include architectural pods and full height walls. The company also offers textiles and wall coverings and surface imaging solutions to architects and designers. It also offers workplace strategy consulting and data-driven space measurements, lease origination and furniture management. It sells products to retail, corporate and government customers. The company distributes products and services via a network independent dealers and company-owned distributors, and directly to customers. It was established in Grand Rapids in Michigan in 1912.
Volume
Today's last reported volume for Steelcase is 610097, 11.28% above its average volume of 548230.
As maintained by Morningstar, Inc., the next dividend payment is on Jul 5, 2022, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 5.19%.
Steelcase's sales growth this year is expected to be 20.3% and 7.3% for next year.
Year-on-year quarterly revenue growth grew by 33.1%, now sitting on 2.96B for the twelve trailing months.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 2.37%.
Volatility
Steelcase's last day, week, and month's current intraday variation average was 6.97%, 2.47%, and 1.60%, respectively.
Steelcase's highest amplitude of average volatility was 5.99% (day), 2.92% (last week), and 2.54% (last month), respectively.
Steelcase's Stock Yearly Top and Bottom Value
Steelcase's stock is valued at $10.76 at 20:23 EST, way under its 52-week high of $13.79 and above its 52-week low of $10.19.
Steelcase's Moving Average
Steelcase's worth is below its 50-day moving average of $11.30 and under its 200-day moving average of $11.65.2. Powell Industries (POWL)
150.72% Payout Ratio
Powell Industries, Inc., along with its subsidiaries, design, develop, manufacture, sells, services, and supports custom-engineered equipment for distribution, control, monitoring, and monitoring electrical energy. Its main products are integrated power control rooms substations, customized modules, electric houses, medium voltage circuit breakers and monitoring and control communication systems. Bus duct systems and traditional as well as arc-resistant distribution switchesgears. The company's products are suitable for voltages from 480 to 38,000 Volts. They can be used in onshore and offshore oil & gas production, oil and natural gas refining and terminal, mining, metals, light rail power, electric utility and pulp and paper. The company also offers value-added service, including spare parts, field inspection, modification, repair, retrofit, retrofill, modification, commissioning and installation of new systems and replacement switchgear circuit breakers. It has offices in America, Canada, Mexico, Central and South America, Canada, Middle East, Africa and Europe. Powell Industries, Inc., was established in Houston, Texas in 1947.
Volume
Today's last reported volume for Powell Industries is 10754, 63.99% below its average volume of 29866.
As claimed by Morningstar, Inc., the next dividend payment is on Aug 15, 2022, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 4.53%.
Powell Industries's sales growth this year is anticipated to be 8.6% and 8.7% for next year.
Year-on-year quarterly revenue growth grew by 17%, now sitting on 499.36M for the twelve trailing months.
Powell Industries's sales growth for the current quarter is 6.8%. The company's growth estimates for the current quarter and the next is negative 35.7% and 137.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 2.76%.
Volatility
Powell Industries's last day, week, and month's current intraday variation average was 1.52%, 1.27%, and 1.90%, respectively.
Powell Industries's highest amplitude of average volatility was 3.83% (day), 2.68% (last week), and 3.02% (last month), respectively.
Powell Industries's Stock Yearly Top and Bottom Value
Powell Industries's stock is valued at $23.30 at 20:23 EST, way below its 52-week high of $31.81 and way above its 52-week low of $18.81.
Powell Industries's Moving Average
Powell Industries's value is below its 50-day moving average of $24.68 and under its 200-day moving average of $24.57.3. San Juan Basin Royalty Trust (SJT)
100% Payout Ratio
The San Juan Basin Royalty Trust is an express trust that operates in Texas. A 75% net overriding royalty interest has been carved from Southland's natural gas and oil interests in San Juan Basin, northwestern New Mexico. Subject Interests include working rights, royalty interests and overriding royalties. They also have contractual rights in the 119,000 acres of net-producing land in San Juan and Rio Arriba Counties in northwestern New Mexico as well as 825.9 wells. The trustee for the San Juan Basin Royalty Trust is BBVA USA. This company was established in 1980 in Houston, Texas.
Volume
Today's last reported volume for San Juan Basin Royalty Trust is 349110, 59.39% below its average volume of 859845.
According to Morningstar, Inc., the next dividend payment is on Jul 27, 2022, the estimated forward annual dividend rate is 1.19 and the estimated forward annual dividend yield is 9.46%.
Year-on-year quarterly revenue growth grew by 81.3%, now sitting on 44.3M for the twelve trailing months.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1039.3%.
Volatility
San Juan Basin Royalty Trust's last day, week, and month's current intraday variation average was 0.78%, 3.24%, and 3.06%, respectively.
San Juan Basin Royalty Trust's highest amplitude of average volatility was 2.43% (day), 3.53% (last week), and 4.80% (last month), respectively.
San Juan Basin Royalty Trust's Stock Yearly Top and Bottom Value
San Juan Basin Royalty Trust's stock is valued at $11.56 at 20:23 EST, way under its 52-week high of $15.43 and way higher than its 52-week low of $4.54.
San Juan Basin Royalty Trust's Moving Average
San Juan Basin Royalty Trust's value is under its 50-day moving average of $12.14 and way higher than its 200-day moving average of $9.38.4. 3M Company (MMM)
82.96% Payout Ratio
3M Company is a global technology company that provides diversified services. The company operates in four areas: Safety and Industrial, Transportation and Electronics, Health Care and Consumer. The Safety and Industrial section offers industrial abrasives and metalworking solutions, as well as closures systems for personal hygiene, masking and packaging, and products and materials that are used in construction and maintenance. It also provides electrical products and materials to support electrical original equipment manufacturer, power distribution and manufactures, and structural adhesives and tapes. Transportation and Electronics offers ceramic solutions, attachment tapes and films, sound and temperature management for transport vehicles, premium large format graphics films for advertising and fleet signs, light management films and electronic assembly solutions, packaging and interconnection options, and reflective signage to ensure highway safety and vehicle safety. The Healthcare segment provides solutions for food safety, health procedure coding, reimbursement software, skin, wound care and infected prevention products and services, as well as dental and orthodontic solutions. The Consumer segment offers consumer products such as consumer masks, consumer braces and supports, consumer respirators, cleaning products and products for home, retail abrasives and paint accessories, DIY car care products, picture hanging and consumer air quality products. The company sells its products via e-commerce, traditional wholesalers and retailers as well as jobbers and distributors. It was established in St. Paul in Minnesota in 1902.
Volume
Today's last reported volume for 3M Company is 2934120, 69.64% below its average volume of 9665360.
As claimed by Morningstar, Inc., the next dividend payment is on May 18, 2022, the estimated forward annual dividend rate is 5.96 and the estimated forward annual dividend yield is 4.16%.
3M Company's sales growth this year is expected to be negative 0.7% and 2.3% for next year.
Year-on-year quarterly revenue growth declined by 2.8%, now sitting on 35.09B for the twelve trailing months.
3M Company's sales growth for the next quarter is 0.9%. The company's growth estimates for the current quarter and the next is 9.8% and 13%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 29.38%.
Volatility
3M Company's last day, week, and month's current intraday variation average was 1.02%, 0.94%, and 1.00%, respectively.
3M Company's highest amplitude of average volatility was 2.28% (day), 2.04% (last week), and 2.44% (last month), respectively.
3M Company's Stock Yearly Top and Bottom Value
3M Company's stock is valued at $113.11 at 20:23 EST, under its 52-week low of $114.11.
3M Company's Moving Average
3M Company's worth is way below its 50-day moving average of $134.82 and way below its 200-day moving average of $149.68.5. Educational Development Corporation (EDUC)
50% Payout Ratio
Educational Development Corporation is a publishing company that acts as a trade publisher of children's books. The company operates in two parts: Publishing and Usborne Books & More. There are many books available, such as touchy-feely boards, flashcards and activity books as well as art, stickers, search and adventure books. The company also offers internet-linked books that include science and math titles. Educational Development Corporation sells its products through retail accounts. These include school supplies, gift shops, museums and booksellers. It also has a network independent sales consultants that can be reached through direct sales, internet sales and home shows. Educational Development Corporation was established in Tulsa in Oklahoma in 1965.
Volume
Today's last reported volume for Educational Development Corporation is 9693, 38.86% below its average volume of 15856.
As stated by Morningstar, Inc., the next dividend payment is on Feb 17, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 14.23%.
Educational Development Corporation's sales growth this year is anticipated to be negative 15.6% and 2% for next year.
Year-on-year quarterly revenue growth declined by 43.2%, now sitting on 124.58M for the twelve trailing months.
Educational Development Corporation's sales growth for the next quarter is negative 13.3%. The company's growth estimates for the next quarter is negative 3.2%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.24%.
Educational Development Corporation's Stock Yearly Top and Bottom Value
Educational Development Corporation's stock is valued at $2.81 at 20:23 EST, way under its 52-week high of $10.39 and higher than its 52-week low of $2.71.