(VIANEWS) - Philip Morris International (PM), Columbia Banking System (COLB), Tractor Supply Company (TSCO) 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 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. Philip Morris International (PM)
89.32% Payout Ratio
Philip Morris International Inc. is a tobacco company that works to deliver a smoke-free world. The long-term vision of Philip Morris International Inc. is to expand its portfolio to other products than the nicotine and tobacco sector. Its products include cigarettes, smoke-free products and heat-not burn, vapor and oral nicotine products. The products are available in countries outside of the United States. HEETS Creations and HEETS Dimensions are the brands that offer smoke-free products. The company also offers its products under the Marlboro and Parliament brands. The company also owns a number of cigarette brands including Dji Sam Soe and Sampoerna A in Indonesia, and Sampoerna U and Fortune in the Philippines. It sells smoke-free products to 71 countries. Philip Morris International Inc., which was founded in 1987 is located in New York.
Earnings per Share
Philip Morris International's trailing 12 months profit per share is $5.54
PE Ratio
Philip Morris International's trailing 12-month price-to-earnings ratio is 18.06. The purchaser of the shares is therefore investing $18.06 per dollar in annual earnings.
Volume
Philip Morris International's current volume is 1171930, which is 77.36% lower than its average volume (5176500).
2. Columbia Banking System (COLB)
41.96% Payout Ratio
Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.
Earnings Per Share
As for profitability, Columbia Banking System has a trailing twelve months EPS of $2.86.
PE Ratio
Columbia Banking System has a trailing twelve months price to earnings ratio of 10.67. Meaning, the purchaser of the share is investing $10.67 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 10.1%.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be on October 13, 2022. The forward annual dividend rate for 2020 is estimated at 1.2, and the forward annual dividend yield to be 3.87%.
Sales Growth
Columbia Banking System's sales growth is 20.3% for the current quarter and 248% for the next.
Volume
The current reported Columbia Banking System volume is 1482160, which is 56.76% higher than its average volume (945474).
Yearly Top and Bottom Value
Columbia Banking System's stock is valued at $30.52 at 13:23 EST, way below its 52-week high of $37.66 and way above its 52-week low of $26.97.
3. Tractor Supply Company (TSCO)
35.65% Payout Ratio
The Tractor Supply Company is a retailer for rural living in the United States. It offers merchandise for horses, pets, small animals, as well as hardware, truck, trailer, and tool products. They also offer seasonal items such as toys, heating products and power equipment. The company offers its products under 4health, Producer's Pride and American Farmworks. Schmidt, Ridgecut and Royal Wing. It had 2,016 Tractor Supply shops in 49 states and 178 Petsense outlets in 23. It operates retail shops under Del's Feed & Farm Supply and Tractor Supply Company names. The TractorSupply.com website is operated by Petsense.com. The company sells products to ranchers and recreational farmers. It was established in Tennessee in 1938.
Earnings Per Share
As for profitability, Tractor Supply Company has a trailing twelve months EPS of $7.22.
PE Ratio
Tractor Supply Company has a trailing twelve months price to earnings ratio of 29.05. Meaning, the purchaser of the share is investing $29.05 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 52.46%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 18, 2022, the estimated forward annual dividend rate is 3.68 and the estimated forward annual dividend yield is 1.7%.
Volume
Tractor Supply Company's current reported volume is 467667, which is 61.14% less than its average volume (1203630).
4. Comcast Corporation (CMCSA)
33.88% Payout Ratio
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment offers broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services. The Media segment operates NBCUniversal's television and streaming platforms, including national, regional, and international cable networks, the NBC and Telemundo broadcast, and Peacock networks. The Studios segment operates NBCUniversal's film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The Sky segment offers direct-to-consumer services, such as video, broadband, voice and wireless phone services, and content business operates entertainment networks, the Sky News broadcast network, and Sky Sports networks. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and provides streaming service, such as Peacock. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.
Earnings per Share
Comcast Corporation's trailing 12 months EPS is $2.53.
PE Ratio
Comcast Corporation's trailing 12-month price-to-earnings ratio is 13.62. The purchaser of the shares is therefore investing $13.62 per dollar in annual earnings.