(VIANEWS) - Rent-A-Center (RCII), Highway Holdings Limited (HIHO), Two Harbors Investment Corp (TWO) 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 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. Rent-A-Center (RCII)
412.12% Payout Ratio
Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a lease-to-own basis. The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising. It offers furniture and accessories, appliances, consumer electronics, computers, tablets and smartphones, tools, tires, handbags, and other accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and rentacenter.com, an e-commerce platform. As of December 31, 2021, the company owned and operated approximately 1,846 stores in the United States and Puerto Rico, including 45 retail installment sales stores; 35 Acima staffed locations in North Carolina; and 123 stores in Mexico, as well as franchised 466 lease-to-own stores in 32 states. Rent-A-Center, Inc. was founded in 1960 and is headquartered in Plano, Texas.
Earnings Per Share
As for profitability, Rent-A-Center has a trailing twelve months EPS of $0.33.
PE Ratio
Rent-A-Center has a trailing twelve months price to earnings ratio of 67.36. Meaning, the purchaser of the share is investing $67.36 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 2.78%.Earnings Before Interest, Taxes, Depreciation, and Amortization
Rent-A-Center's EBITDA is 7.01.
Growth Estimates Quarters
The company's growth estimates for the ongoing quarter is a negative 30.6% and positive 6.8% for the next.Sales Growth
Rent-A-Center sales growth was negative 14.8% in the current quarter, and negative 9.9% in the next.
2. Highway Holdings Limited (HIHO)
162.5% Payout Ratio
Highway Holdings Limited and its subsidiaries manufacture and supply metal, plastic and electric components and subassemblies for original equipment makers (OEMs), and contract manufacturers. The company operates in two divisions: Metal Stamping and Mechanical OEM. It also deals in plastic injection products and makes and assembles automated equipment. The company's products can be used to manufacture products such as photocopiers and laser printers. It also sells electrical connectors and electrical circuits. Vacuum cleaners, power supplies for LEDs, vacuum cleaners, vacuum pumps, motors for washing machines, and other components. The company also assists its customers with the development and design of tooling for metal and plastic manufacturing. It offers a variety of manufacturing and engineering services including metal stamping and screen printing, injection molding plastic, pad printing and electronic assembly of printed circuit board. The company operates across Asia, including Hong Kong, China and Europe. Highway Holdings Limited, which was founded in 1990, is located in Sheung Shui in Hong Kong.
Earnings per Share
Highway Holdings Limited's trailing twelve-month EPS is $0.164.
PE Ratio
Highway Holdings Limited's trailing 12 months earnings to price ratio is 12.81. The purchaser of the shares is effectively investing $12.81 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 6.72%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 16.33%.
Volume
Today's last reported volume for Highway Holdings Limited is 19965 which is 126.72% above its average volume of 8806.
Moving Average
Highway Holdings Limited's value is under its 50-day moving average of $2.18 and below its 200-day moving average of $2.25.3. Two Harbors Investment Corp (TWO)
109.68% Payout Ratio
Two Harbors Investment Corp. is a real-estate investment trust (REIT). It invests in, finances, and manages residential mortgage-backed securities. Agency RMBS that are collateralized with fixed-rate, adjustable, or hybrid mortgage loans (ARMs) is its target asset. Other assets such as non-agency securities, non-hedging transactions, financial assets and other mortgage-related assets like non-agency securities, non-hedging transactions, and financial-related assets. Federal income tax considers the company a REIT. The company is a REIT and must give at least 90% of its annual taxable income stockholders. Two Harbors Investment Corp., Minnetonka (Minnesota), was established in 2009.
Earnings Per Share
As for profitability, Two Harbors Investment Corp has a trailing twelve months EPS of $-6.24.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.19%.4. Simulations Plus (SLP)
42.11% Payout Ratio
Simulations Plus, Inc. develops drug discovery and development software for mechanistic modeling and simulation, and prediction of properties of molecules utilizing artificial-intelligence- and machine-learning-based technology worldwide. GastroPlus simulates drug-drug interactions and absorption of compound administered to animals and humans; DDDPlus simulates in vitro laboratory experiment; and MembranePlus simulates laboratory experiment. It offers PKPlus, a program for pharmaceutical industry scientists that simulates the absorption, pharmacokinetics (PK) and drug-drug interactions of compounds administered to humans and animals; DDDPlus that simulates in vitro laboratory experiments; and MembranePlus that simulates laboratory experiments. It also offers KIWI, a web-based application that organizes, processes, manages, communicates, and maintains the data generated by pharmacologists over the course of a drug discovery program. Further, the company provides population modeling and simulation contract research services; and clinical-pharmacology-based consulting services in support of regulatory submissions. The company serves food, pharmaceutical, biotechnology and agrochemical companies as well as regulatory and academic agencies. It was established in 1996. The headquarters are located in Lancaster, California.
Earnings Per Share
As for profitability, Simulations Plus has a trailing twelve months EPS of $0.54.
PE Ratio
Simulations Plus has a trailing twelve months price to earnings ratio of 70.74. Meaning, the purchaser of the share is investing $70.74 for every dollar of annual earnings.
Moving Average
Simulations Plus's worth is below its 50-day moving average of $40.26 and way under its 200-day moving average of $49.11.5. Hillenbrand (HI)
30.1% Payout Ratio
Hillenbrand, Inc. is an industrial company that operates in multiple markets both nationally and within the United States. Two segments of the company are Process Equipment Group, and Batesville. Process Equipment Group designs, produces, markets and services material handling equipment for various industries. This includes plastics and food, pharmaceuticals and chemicals. The Batesville section designs, manufactures and distributes funeral products and solutions. These include burial caskets and cremation caskets as well as containers and urns. There are also other memorialization, personalization, and technology products. Hillenbrand, Inc., was established in 2007. It is located in Batesville, Indiana.
Earnings per Share
Hillenbrand's trailing 12 month EPS is $2.89.
PE Ratio
Hillenbrand's trailing 12-month price-earnings ratio is 14.25. The purchaser of shares is therefore investing $14.25 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 18.39%.Moving Average
Hillenbrand's worth is under its 50-day moving average of $45.51 and under its 200-day moving average of $42.91.Sales Growth
Hillenbrand's sales growth is negative 0.3% for the ongoing quarter and 2.7% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Hillenbrand's EBITDA is 1.33.