(VIANEWS) – RE/MAX Holdings (RMAX), Granite Construction Incorporated (GVA), Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.

When investigating a potential investment, the dividend payout ratio is a good statistic to know so here are a few stocks with an above 30% percent payout ratio.

1. RE/MAX Holdings (RMAX)

167.27% Payout Ratio

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. It operates through four segments: RE/MAX Franchising, Motto Franchising, Marketing Funds, and Other. The company offers its real estate franchise services under the RE/MAX brand name; and mortgage brokerage services under the Motto Mortgage brand. It also provides real estate technology solutions. The company was founded in 1973 and is headquartered in Denver, Colorado.

Earnings per Share

RE/MAX Holdings’ trailing twelve-month EPS is $0.55.

PE Ratio

RE/MAX Holdings’ trailing 12-month price-earnings ratio is 35.51. The purchaser of the shares is therefore investing $35.51 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 business, was 31.77%.

Dividend Yield

Morningstar, Inc. estimates that the next dividend payment will be made on November 14, 2022. The forward dividend rate for 2020 is 0.92, and the forward dividend yield of 4.77%.

2. Granite Construction Incorporated (GVA)

144.44% Payout Ratio

Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. The company operates through Transportation, Water, Specialty, and Materials segments. The Transportation segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, and marine ports. The Water segment focuses on water-related construction and water management solutions, as well as provides trenchless cured-in-place pipe rehabilitation services. The Specialty segment constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, and power projects; and undertakes bid-build, design-build, and construction management/general contractor contracts. The Materials segment focuses on production of aggregates, asphalt, and construction related materials, as well as sanitary and storm water rehabilitation products, such as cured-in-place pipe felt and fiberglass-based lining tubes. The company also engages in the construction of streets, highways, mass transit facilities, trenchless and underground utilities, tunnels, dams, and other infrastructure-related projects. In addition, it performs site preparation and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.

Earnings per Share

Granite Construction Incorporated’s trailing twelve-month EPS is $-3.18.

For the 12 trailing months, the company’s return-on-equity, which is an indicator of the business’ profitability relative to shareholders’ equity, was 0.96%.

Dividend Yield

According to Morningstar, Inc., Sep 28 2022 will be the next distribution. The forward dividend rate for 2020 is 0.52, and the forward dividend yield is 1.85%.

Revenue growth

The year-on-year revenue growth fell by 8% and now stands at 2.92B in the 12 trailing months.

3. Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX)

70.27% Payout Ratio

Banco Santander MA (c)xico S.A. InstituciA3n Banca MAoltiple Grupo Financiero Santander MA[c]xico offers a variety of banking services and products in Mexico. It operates in two segments: Retail Banking, Corporate Banking, and Investment Banking. The company offers a variety of deposit products such as time deposits and savings accounts as well certificates of interbank deposits. It also provides payroll loans, personal loans and credit cards as well as insurance brokerage services. It also offers cash management, working capital solutions and trade financing; structured credit products and debt products; project finance and asset-based finance; financial advisory services and solutions for investment and hedge; as well as solutions for portfolio and internet banking. The company serves private and public clients as well as small- and medium-sized businesses, governments, corporate customers, and institutions. It had 1,350 offices, 9,448 ATMs and 2,297 contact centers as of December 31, 2020. The former name of the company was Banco Santander MA (c)xico), S.A. InstituciA3n de Banca MAoltiple and Grupo Financiero Santander. In September 2012, it changed its name from Banco Santander MA-cxico to InstituciA3n de Banca MAoltiple to Banco Santander MA-cxico. Mexico City is the headquarters of this company, which was founded in 1932. Banco Santander MA (c)xico S.A. InstituciA3n De Banca MAoltiple Grupo Financiero Santander MA-c)xico are subsidiaries of Banco Santander S.A.

Earnings Per Share

As for profitability, Grupo Financiero Santander Mexico S.A. B. de C.V. has a trailing twelve months EPS of $1.07.

PE Ratio

Grupo Financiero Santander Mexico S.A. B. de C.V. has a trailing twelve months price to earnings ratio of 5.75. Meaning,
the purchaser of the share is investing $5.75 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 15.69%.

Moving Average

Grupo Financiero Santander Mexico S.A. B. de C.V. is worth more than its $50-day moving mean of $5.50, and much higher than its $200-day moving median of $5.37.

Yearly Top and Bottom Value

Grupo Financiero Santander Mexico S.A. B. de C.V.’s stock is valued at $6.15 at 07:25 EST, under its 52-week high of $6.30 and way higher than its 52-week low of $4.52.

Revenue Growth

Year-on-year quarterly revenue growth grew by 32.9%, now sitting on 77.47B for the twelve trailing months.

4. Sociedad Quimica y Minera S.A. (SQM)

63.11% Payout Ratio

Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services worldwide. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers for crops, such as vegetables, fruits, and industrial crops. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, pharmaceutical synthesis, electronics, pigments, and dye components. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. Additionally, it offers potassium chloride and potassium sulfate for various crops, including corn, rice, sugar, soybean, and wheat; industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts; and other fertilizers and blends. The company was founded in 1968 and is headquartered in Santiago, Chile.

Earnings per Share

Sociedad Quimica y Minera S.A.’s trailing twelve-month EPS is $0.62.

PE Ratio

Sociedad Quimica y Minera S.A.’s trailing 12 months price-to-earnings ratio is 159.01. The purchaser of the shares is therefore investing $159.01 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 61.39%.

Volume

Sociedad Quimica and Minera S.A. reported a volume of 1088940 as the last available volume. This is 34.82% lower than its average volume (1670800).

5. Bank of Hawaii Corporation (BOH)

50.63% Payout Ratio

Bank of Hawaii Corporation is the bank holding company of Bank of Hawaii. It provides various services and products in Hawaii, Guam and other Pacific Islands. The bank operates three sections: Consumer Banking and Commercial Banking. Consumer Banking offers checking, saving, time deposit, residential mortgage loans and home equity lines, as well as automobile loans and leasings. Personal lines of credit include installment loans, small-business loans and leases and credit cards. Private and international client banking is also available. The segment provides trust services for individuals, families and high-net worth individuals, investment management, institutional advisory services, and investment management services to government entities and foundations. It also includes brokerage services that offer equities and mutual funds, insurance policies, annuity products, and brokerage The segment has 65 branches and 357 ATMs in Hawaii and the Pacific Islands. It also offers customer service and online banking. Commercial Banking provides commercial banking, corporate banking, real estate loans and commercial lease financing. This segment offers deposit and commercial loans to large and middle-market companies and government agencies. It also provides commercial mortgages for investors, builders, developers and other property owners. International banking services and global banking are available. Treasury and Other offers services for corporate asset and liability management, such as interest rate risk management and exchange services. Bank of Hawaii Corporation was established in Honolulu in Hawaii in 1897.

Earnings per Share

Bank of Hawaii Corporation’s trailing 12 months EPS is $5.53.

PE Ratio

Bank of Hawaii Corporation’s trailing 12-month price-earnings ratio is 14.36. The purchaser of the shares is therefore investing $14.36 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 15.86%.

Moving Average

Bank of Hawaii Corporation is worth more than its moving average of $77.42 for 50 days and $79.15 for 200 days.

6. Bank Of Montreal (BMO)

30.64% Payout Ratio

Bank of Montreal offers a variety of financial services, primarily in North America. Personal banking services offered by Bank of Montreal include checking, savings, credit cards and mortgages. Financial and investment advice services are also available. Commercial banking services offer business deposit accounts and credit cards as well as commercial loans, commercial mortgages and business mortgages. Cash management solutions can be provided for customers with small businesses and large commercial banks. The company also provides investment and wealth advisory, digital investing services, financial services and solutions, trust and custody services, as well as investment management and trust services. The company also offers annuity, life, and accident insurance products, as well as creditor and travel insurance for bank customers. It can also offer reinsurance solutions. It also offers clients’ debt and equity capital-raising, loan origination and syndicatation, and Treasury management. The company provides strategic advice regarding mergers and acquisitions as well valuations and fairness opinions. The company also provides access to market research for corporate and institutional clients. It offers trading solutions including debt, foreign currency, interest rate and credit as well as securitization, commodities, new product development, origination, risk management, advice, and services to mitigate against fluctuation. The bank has approximately 900 branches in Canada and 3300 automated banking machines across the United States. Bank of Montreal was established in Montreal in 1817.

Earnings Per Share

As for profitability, Bank Of Montreal has a trailing twelve months EPS of $6.69.

PE Ratio

Bank Of Montreal has a trailing twelve months price to earnings ratio of 14.36. Meaning,
the purchaser of the share is investing $14.36 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 17.99%.

Volume

Today’s last reported volume for Bank Of Montreal is 509866 which is 33.39% below its average volume of 765482.