(VIANEWS) - Huntington Bancshares (HBAN), Chevron (CVX), Union Pacific Corporation (UNP) 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 distribute 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. Huntington Bancshares (HBAN)
53.95% Payout Ratio
Huntington Bancshares Incorporated is the bank holding firm for The Huntington National Bank. It provides mortgage, commercial and consumer banking services throughout the United States. The four main segments of the company are Consumer and Business Banking, Commercial Banking, Vehicle Finance and Regional Banking. The Huntington Private Client Group and The Huntington Private Client Group also operate. Consumer and Business Banking offers financial products and service, including checking accounts and savings accounts; money market accounts; certificates of deposit, credit card, and loans for small and medium-sized businesses. The segment offers mortgages, insurance and interest rate risk protection. It also has foreign exchange and automated teller machines. This segment can provide treasury services online and mobile. This segment serves small and large business clients as well as consumers. It offers commercial banking services for small and medium-sized businesses and government entities. The bank also offers asset financing services, capital raising solutions and sales and trading as well as corporate risk management products. It also provides institutional banking services and treasury services. Vehicle Finance provides financing for consumers to purchase automobiles, light duty trucks, recreational vehicles and boats at select franchised dealers. Franchised dealerships can also acquire new or used inventory. The RBHPCG Segment offers wealth management and private banking services. The company has approximately 1000 branches across 11 states as of March 18, 2022. Huntington Bancshares Incorporated is an Ohio-based company that was established in 1866.
Earnings Per Share
As for profitability, Huntington Bancshares has a trailing twelve months EPS of $1.14.
PE Ratio
Huntington Bancshares has a trailing twelve months price to earnings ratio of 11.44. Meaning, the purchaser of the share is investing $11.44 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 9.26%.Sales Growth
Huntington Bancshares's sales growth for the next quarter is 12.6%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 56%, now sitting on 6.76B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 15, 2022, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 4.67%.
2. Chevron (CVX)
51.13% Payout Ratio
Through its subsidiaries, Chevron Corporation engages in global integrated energy- and chemical operations. There are two main segments to the company: Upstream and Downstream. The company's Upstream segment deals with the production, exploration, transport, and processing of crude oil and natural gases; as well as transportation and storage of natural gas. Refinery of crude oil is done by the Downstream segment. It also markets crude oil, refined products and lubricants. Transporting crude oil and refined products via pipelines, rail cars, motor vehicles, equipment and rail cars; as well as manufacturing and marketing commodity petrochemicals and plastics for industrial use and fuel additives. The company is involved in cash management, debt financing activities, insurance operations and real estate activities. The former name of the company was ChevronTexaco Corporation. In 2005, Chevron Corporation took over its operations. Chevron Corporation was established in San Ramon in California in 1879.
Earnings Per Share
As for profitability, Chevron has a trailing twelve months EPS of $-4.12.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 17, 2022, the estimated forward annual dividend rate is 5.68 and the estimated forward annual dividend yield is 3.47%.
Volume
Today's last reported volume for Chevron is 5907740 which is 34.78% below its average volume of 9058460.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 198.2% and 73.6%, respectively.Revenue Growth
Year-on-year quarterly revenue growth grew by 81%, now sitting on 206.1B for the twelve trailing months.
3. Union Pacific Corporation (UNP)
44.08% Payout Ratio
Union Pacific Corporation operates the United States railroad industry through Union Pacific Railroad Company. It provides transportation services for grain, grain products and fertilizers as well as food and frozen products. Its rail network had 32,452 miles linking Pacific Coast and Gulf Coast ports to the Midwest and Eastern United States gateways as of December 31, 2021. It was established in Omaha, Nebraska in 1862.
Earnings Per Share
As for profitability, Union Pacific Corporation has a trailing twelve months EPS of $7.73.
PE Ratio
Union Pacific Corporation has a trailing twelve months price to earnings ratio of 24.89. Meaning, the purchaser of the share is investing $24.89 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 50.71%.Yearly Top and Bottom Value
Union Pacific Corporation's stock is valued at $192.32 at 02:23 EST, under its 52-week low of $194.73.
Moving Average
Union Pacific Corporation's value is way under its 50-day moving average of $224.26 and way below its 200-day moving average of $234.42.Sales Growth
Union Pacific Corporation's sales growth for the next quarter is 11.1%.
4. Associated Banc (ASB)
38.46% Payout Ratio
Associated Banc-Corp is a bank holding firm that provides both banking and other products to customers in Wisconsin, Illinois and Minnesota. It operates in three segments, Corporate and Commercial Specialty, Community, Consumer, and Business, and Risk Management and Shared Services. The company's Corporate and Commercial Specialty segments offer savings, money-market deposit accounts, IRA account accounts and certificates of deposit. They also provide cash management solutions such as cash vault and night depository service, interest-bearing and commercial deposit products, and liquidity solutions. Information services include information services and commercial loans and credit lines, commercial realestate financing, letter of credit, lease, asset based lending and loan syndications. The segment offers specialized services such as interest rate risk management and foreign exchange solutions. It also manages pension, profit sharing and other employee benefits plans. This includes fiduciary, corporate agency, and institutional asset management. Fixed and variable annuities; full-service, discount, and online investment brokerage. Investment advisory services. Trust and investment management accounts. Community, Consumer, and Business segments offer checking, credit, debit and prepaid cards, online bill pay and bill payment, and residential mortgages, home equity lines and loans, personal and instal loans, and real estate financing, as well as business loans and credit lines. The company had 228 branches as of December 31, 2020. Associated Banc-Corp was established in 1861 in Green Bay, Wisconsin.
Earnings Per Share
As for profitability, Associated Banc has a trailing twelve months EPS of $2.08.
PE Ratio
Associated Banc has a trailing twelve months price to earnings ratio of 9.61. Meaning, the purchaser of the share is investing $9.61 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 8.1%.Sales Growth
Associated Banc's sales growth is 20.4% for the current quarter and 22.1% for the next.
Moving Average
Associated Banc's worth is below its 50-day moving average of $20.47 and under its 200-day moving average of $21.60.Revenue Growth
Year-on-year quarterly revenue growth declined by 0.5%, now sitting on 1.11B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 30, 2022, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.92%.
5. Jerash Holdings (JRSH)
31.25% Payout Ratio
Jerash Holdings, Inc., via its subsidiaries, produces and exports custom-made and ready-made sportswear and outerwear. It offers shorts in knitted material, including jackets, polo-shirts and pants. The company serves many brand-name retailers across the United States and Jordan as well as internationally. Fairfield, New Jersey is the home of this company.
Earnings Per Share
As for profitability, Jerash Holdings has a trailing twelve months EPS of $0.64.
PE Ratio
Jerash Holdings has a trailing twelve months price to earnings ratio of 7.02. Meaning, the purchaser of the share is investing $7.02 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 11.97%.