(VIANEWS) - STORE Capital Corporation (STOR), Rogers Communication (RCI), NetApp (NTAP) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up until 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. STORE Capital Corporation (STOR)
136.09% Payout Ratio
STORE Capital Corporation, an internal managed net-lease investment trust or REIT is a leader in the acquisition and investment of Single Tenant Operational Real Estate. This is also the reason for the name. STORE Capital, one of America's fastest-growing net-lease REITs, has a well-diversified portfolio with investments in over 2,500 properties across the United States. Most of these are profit centres.
Earnings Per Share
As for profitability, STORE Capital Corporation has a trailing twelve months EPS of $1.15.
PE Ratio
STORE Capital Corporation has a trailing twelve months price to earnings ratio of 27.81. Meaning, the purchaser of the share is investing $27.81 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 6.14%.Sales Growth
STORE Capital Corporation's sales growth is 10.5% for the present quarter and 10.1% for the next.
Revenue growth
The year-on-year revenue growth was 16.2%. It now stands at 880.69M in the 12 trailing months.
Moving Average
STORE Capital Corporation's worth is higher than its 50-day moving average of $31.65 and higher than its 200-day moving average of $29.13.Volume
The current volume reported by STORE Capital Corporation was 3012340, which is 50.73% less than its average volume 6114160.
2. Rogers Communication (RCI)
60.06% Payout Ratio
Rogers Communications Inc. is a Canadian communications and media company. The company operates in three areas: Wireless, Cable, and Media. It offers wireless Internet access, voice and enhanced voice, accessory and device financing, mobile Internet, wired voice and wireless voice, home phone and device protection, wireless device, global voice, data roaming and bridging landline. The company also offers Internet and WiFi services and smart home monitoring services. These include monitoring, security and automation as well as energy efficiency and smart control via a smartphone application. The company also offers on-demand and local TV, cloud-based digital video recorders, voice-activated remote control, and integrated apps, personal video recorders, linear and time-shifted programming, digital specialty channels, 4K TV programming, and televised content for smartphones, tablets, or personal computers. It also operates Ignite TV, Ignite TV App, and Ignite TV. It also offers residential and small-business local telephony services. It also holds the Toronto Blue Jays team and Rogers Centre venue. The company operates Sportsnet ONE and Sportsnet 360 television networks. OLN radio stations, 55 AM and FM radio stations, and Sportsnet 360. It was established in Canada in 1960.
Earnings Per Share
As for profitability, Rogers Communication has a trailing twelve months EPS of $2.57.
PE Ratio
Rogers Communication has a trailing twelve months price to earnings ratio of 17.26. Meaning, the purchaser of the share is investing $17.26 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 16.22%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 7, 2022, the estimated forward annual dividend rate is 1.45 and the estimated forward annual dividend yield is 3.47%.
Sales Growth
Rogers Communication's sales growth is negative 3.1% for the present quarter and negative 3.7% for the next.
Volume
Rogers Communication's current volume is 23164, which is 33.4% lower than its usual volume of 363137.
3. NetApp (NTAP)
47.96% Payout Ratio
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Earnings per Share
NetApp's trailing 12 month EPS is $2.64.
PE Ratio
NetApp's trailing 12-month price-earnings ratio is 22.08. The purchaser of the shares is therefore investing $22.08 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 137.84%.Sales Growth
NetApp's quarterly sales growth was negative 0.2% and 0.8%, respectively.
Annual Top and Bottom Value
NetApp stock was valued at $58.27 as of 07:24 EST. This is lower than its 52 week high of $96.82, and higher than its 52 week low of $58.16.
Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on October 5, 2022. The forward dividend rate for the year is 2, and the forward dividend yield is 2.9%.
4. Northern Technologies International Corporation (NTIC)
36.18% Payout Ratio
Northern Technologies International Corporation is a North American, South American, European, Asia, Middle East, and international distributor of rust- and corrosion-inhibiting products and services. The company offers products that rust and inhibit corrosion, including plastic packaging and papers, as well liquids and coatings. It also sells engineered solutions for the oil-and gas industry, under the ZERUST trademark. It also offers a range of certified biobased polymer resin compounds as well as finished products under its Natur-Tec label. It also offers technical and on-site consulting to address rust prevention and other issues. It sells products and services in the automotive, electronic, electrical, mechanical and retail markets. Northern Technologies International Corporation was established in 1970. It is located in Circle Pines in Minnesota.
Earnings Per Share
As for profitability, Northern Technologies International Corporation has a trailing twelve months EPS of $-0.03.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.99%.Sales Growth
Northern Technologies International Corporation's sales growth is 25.7% for the ongoing quarter and 15.4% for the next.
Annual Top and Bottom Value
Northern Technologies International Corporation stock was valued at $12.76 as of 07:24 EST. This is way lower than its 52 week high of $15.83, and much higher than its low of $9.05.
5. Eastman Chemical Company (EMN)
33.7% Payout Ratio
The Eastman Chemical Company is a global specialty and advanced material company. Additives and Functional Products is the company's segment. It offers specialty, commodity, and specialty solvents as well as paint additives and specialty polymers. The company serves the following markets: transportation, food, fuel, construction, home and personal care, as well as animal nutrition, crop protection and energy. The company's Advanced Materials segment offers copolyesters and cellulose esters as well as polyvinylbutyral (PVB), sheets and window and protection films. It also has aftermarket film products that can be used for high-value end uses in transportation, construction, durable goods and the health and wellness sectors. Chemical Intermediates is the company's section that offers Olefin, acetyl derivatives and ethylene. It also provides niche and primary non-phthalate and/or phthalate plasticizers. The segment also sells methylamines as well as solvents for industrial chemicals, processing, building, construction, health, wellness and agrochemicals. The Fibers segment offers cellulose tow, triacetin and cellulose flake as well as acetic anhydride. These are used in filtration media that primarily filter cigarettes. They also offer natural and solution-dyed acetate yarns which can be used in health and wellness and in consumables. Wet-laid nonwoven media, engineered papers and cellulose fibers for transport, aviation, mining, aerospace, personal hygiene and other consumables markets. Eastman Chemical Company was established in 1920. It is located in Kingsport in Tennessee.
Earnings per Share
Eastman Chemical Company's trailing 12 months EPS is $9.02.
PE Ratio
Eastman Chemical Company's trailing 12 months earnings to price ratio is 9.11. The purchaser of the shares is therefore investing $9.11 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability of a company relative to shareholders' equity, was 20.11%.6. LSI Industries (LYTS)
30.77% Payout Ratio
LSI Industries Inc. provides corporate visual image solutions in the United States, Canada, Mexico, Australia, and Latin America. It operates through Lighting and Graphics segments. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for parking lot and garage, quick-service restaurant, grocery and pharmacy store, automotive, and national retail markets. It primarily offers exterior area, interior, canopy, and landscape lightings, as well as lighting controls, light poles, and photometric layouts; lighting system design services; and solid-state LED solutions. This segment also designs, engineers, and manufactures electronic circuit boards, assemblies, and sub-assemblies. The Graphics segment manufactures and sells exterior and interior visual image elements used in graphics displays and visual image programs in various markets that include the petroleum/convenience store market, quick-service restaurant, grocery, and multi-site retail operations. Its products comprise signage and canopy graphics, pump dispenser graphics, building fascia graphics, decals, interior signage and marketing graphics, aisle markers, wall mural graphics, fleet graphics, video boards, menu boards, and digital signage and media content management products. This segment also provides installation management services for the installation of interior or exterior products. LSI Industries Inc. was founded in 1976 and is headquartered in Cincinnati, Ohio.
Earnings Per Share
As for profitability, LSI Industries has a trailing twelve months EPS of $0.65.
PE Ratio
LSI Industries has a trailing twelve months price to earnings ratio of 17.83. Meaning, the purchaser of the share is investing $17.83 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 12.56%.