(VIANEWS) - LTC Properties (LTC), Shaw Communications (SJR), Garmin (GRMN) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio so far. The payout ratio in itself isn't a guarantee 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. LTC Properties (LTC)
96.61% Payout Ratio
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 180 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.
Earnings Per Share
As for profitability, LTC Properties has a trailing twelve months EPS of $2.36.
PE Ratio
LTC Properties has a trailing twelve months price to earnings ratio of 16.36. Meaning, the purchaser of the share is investing $16.36 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 12.08%.2. Shaw Communications (SJR)
77.96% Payout Ratio
Shaw Communications Inc. operates as a connectivity company in North America. The company operates through Wireline and Wireless segments. The Wireline segment provides cable telecommunications services, including video, Internet, WiFi, phone, satellite video, and data networking through a national fibre-optic backbone network to Canadian consumers, North American businesses, and public-sector entities. The Wireless segment provides wireless services for voice and data communications serving customers in Ontario, British Columbia, and Alberta through Freedom Mobile; and in British Columbia and Alberta through Shaw Mobile. The company was formerly known as Shaw Cablesystems Ltd. and changed its name to Shaw Communications Inc. in May 1993. Shaw Communications Inc. was founded in 1966 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Shaw Communications has a trailing twelve months EPS of $1.12.
PE Ratio
Shaw Communications has a trailing twelve months price to earnings ratio of 23.98. Meaning, the purchaser of the share is investing $23.98 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 12.44%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is a negative 6.7% and a negative 6.7%, respectively.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.43%.
3. Garmin (GRMN)
52.09% Payout Ratio
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
Earnings Per Share
As for profitability, Garmin has a trailing twelve months EPS of $5.47.
PE Ratio
Garmin has a trailing twelve months price to earnings ratio of 17.6. Meaning, the purchaser of the share is investing $17.6 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 16.47%.4. Comerica Incorporated (CMA)
35.98% Payout Ratio
Through its subsidiaries, Comerica Incorporated offers a variety of financial services and products. The bank operates in three segments: Commercial Bank, Retail Bank and Wealth Management. Commercial Bank offers a variety of products and services. These include commercial loans, lines of credit and deposits. Cash management, capital markets products, international trade financing, letters of credit and foreign exchange management. Loan syndication for small, middle-market businesses and multinational corporations. Retail Bank provides financial services such as mortgage loan origination, consumer lending and consumer deposit gathering. The segment offers a variety of consumer products, including installment loans and credit cards, student loans and home equity lines, residential mortgage loans and commercial products for micro-businesses. Wealth Management offers products and services that include fiduciary and private banking as well as retirement planning, investment management, advisory and brokerage services. The company also offers annuity products as well as long-term, life and disability insurance products. It also manages asset and liability management and the Securities portfolio. It is present in Texas, California and Michigan as well as Arizona, Florida, Florida, Canada, and Florida. The original name of the company was DETROITBANK Corporation. In July 1982, Comerica Incorporated took over that title. Comerica Incorporated is located in Dallas, Texas.
Earnings per Share
Comerica Incorporated's trailing 12 months earnings per share (EPS) is $6.14
PE Ratio
Comerica Incorporated's trailing 12 months earnings to price ratio is 10.65. The purchaser of the shares is investing $10.65 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 15.99%.Moving Average
Comerica Incorporated's worth is under its 50-day moving average of $70.68 and way under its 200-day moving average of $79.30.Growth Estimates Quarters
For the current quarter, the company expects to grow by 56% and 84% respectively.5. First Financial Northwest (FFNW)
33.57% Payout Ratio
First Financial Northwest, Inc. is the bank holding firm for First Financial Northwest Bank, which provides banking services to commercial customers in Washington. It offers various deposit products including certificates of deposit, noninterest bearing account, interest-bearing demands accounts, money market accounts and statement savings accounts. The company offers a range of loan products, including residential loans to one to four families, commercial and multifamily real estate loans, construction/land loans that can be used for single-family homes, condos, townhouses and multifamily properties; loans for business and personal loans such as savings accounts loans or home equity loans. It also offers wealth management and an online banking platform. It had seven branches within King County and five in Snohomish County. There were also two branches within Pierce County. First Financial Northwest, Inc. was established in Renton, Washington in 1923.
Earnings per Share
First Financial Northwest's trailing 12 months profit per share was $1.4.
PE Ratio
First Financial Northwest's trailing 12-month price-to-earnings ratio is 10.8. The purchaser of the shares is therefore investing $10.8 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 7.99%.