(VIANEWS) - Voya Global Advantage and Premium Opportunity Fund (IGA), Fresenius Medical Care AG (FMS), Hanesbrands (HBI) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up to 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 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. Voya Global Advantage and Premium Opportunity Fund (IGA)
2626.67% Payout Ratio
Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co. LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds. It employs fundamental analysis with a bottom-up stock picking approach and a proprietary discounted cash flow valuation model, focusing on such factors as sales, margins, and capital use to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. It was formerly known as ING Global Advantage and Premium Opportunity Fund. Voya Global Advantage and Premium Opportunity Fund was formed on July 7, 2005 and is domiciled in the United States.
Earnings per Share
Voya Global Advantage and Premium Opportunity Fund have a trailing 12 month EPS of $0.03.
PE Ratio
Voya Global Advantage and Premium Opportunity Fund have a trailing 12 months price-to-earnings ratio of 297.33. The purchaser of the shares is therefore investing $297.33 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 0.03%.Revenue growth
The year-on-year revenue growth was 10.3%. It now stands at 5.32M in the 12 trailing months.
Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on October 2, 2022. The forward dividend rate for 2020 is 0.79, and the forward dividend yield of 8.78%.
2. Fresenius Medical Care AG (FMS)
47.83% Payout Ratio
Fresenius Medical Care AG & Co. KGaA offers dialysis services and other related care in Germany, North America and abroad. Fresenius Medical Care AG & Co. KGaA provides dialysis care and associated laboratory and diagnostic services via a network of dialysis clinics. It also produces, distributes and manufactures dialysis products. These include hemodialysis machine, dialysis solution, dialysis cycles, dialysis solutions for peritoneal, peritoneal, and renal dialysis. It also develops, acquires and in-licenses kidney pharmaceuticals. The company offers supplies and medications to renal patients at home or in dialysis clinics. It sells products directly to hospitals and dialysis centers, as well through independent distributors and dealers and local agents. It had 4,171 dialysis clinics operating in around 150 countries as of February 23rd 2022. Fresenius Medical Care AG & Co. KGaA is a German company that was founded in 1996. Its headquarters are in Bad Homburg.
Earnings per Share
Fresenius Medical Care AG's trailing 12 months profit per share was $2.39
PE Ratio
The trailing 12 months earnings to price ratio for Fresenius Medical Care AG is 6.55. The purchaser of shares is investing $6.55 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 7.45%.Volume
Fresenius Medical Care AG's current reported volume is 406417, which is 68.11% lower than its average volume of 127490.
Revenue growth
The year-over-year revenue growth was 10.1%. It now stands at 18.39B in the 12 trailing months.
3. Hanesbrands (HBI)
46.88% Payout Ratio
Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children in the United States. The company operates through three segments: Innerwear, Activewear, and International. It sells men's underwear, women's panties, children's underwear, activewear, socks, and hosiery, as well as intimate apparel, such as bras and shapewears; home goods; and T-shirts, fleece, sport shirts, performance T-shirts and shorts, sports bras, and thermals, as well as licensed logo apparel in collegiate bookstores, mass retailers, and other channels. The company licenses its Champion name for footwear and sports accessories. Hanesbrands Inc. provides its products primarily under the Hanes, Champion, Maidenform, Bali, JMS/Just My Size, Polo Ralph Lauren, Playtex, DKNY, Donna Karan, Alternative, Gear for Sports, Hanes Beefy-T, Bonds, DIM, Sheridan, Bras N Things, Nur Die/Nur Der, Lovable, Wonderbra, Berlei, Abanderado, Shock Absorber, Zorba, Explorer, Sol y Oro, and Bellinda brand names. The company markets its products through retailers, wholesalers, and third party embellishers, as well as directly to consumers through Internet. As of December 29, 2018, it operated 243 retail and direct outlet stores in the United States and the Commonwealth of Puerto Rico, as well as 690 retail and outlet stores internationally. The company also sells its products in Europe, Australia, Asia, Latin America, Canada, the Middle East, Africa, Mexico, and Brazil. Hanesbrands Inc. was founded in 1901 and is headquartered in Winston-Salem, North Carolina.
Earnings Per Share
As for profitability, Hanesbrands has a trailing twelve months EPS of $-0.21.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 70.86%.Revenue growth
The year-over-year decline in quarterly revenue was 13.6%. For the 12 trailing months, 6.63B is available.
Sales Growth
Hanesbrands is experiencing a negative 6.7% sales growth in the coming quarter.
4. Quaker Chemical Corporation (KWR)
38.07% Payout Ratio
Quaker Chemical Corporation is a manufacturer, marketer, and distributor of a variety of formulated chemicals specialty products that are used in a wide range industrial and manufacturing industries. The company operates in four regions: Americas, Europe, Middle East and Africa, Asia/Pacific, and Global Specialty Businesses. It offers cleaning fluids and metal removal fluids as well as corrosion inhibitors. The company also offers chemical management services. It serves metalworking, steel, aluminum and aerospace companies. The original name of the company was Quaker Chemical Products Corporation. In August 1962, Quaker Chemical Corporation took over that title. Quaker Chemical Corporation was established in 1918. It is located in Conshohocken in Pennsylvania.
Earnings Per Share
As for profitability, Quaker Chemical Corporation has a trailing twelve months EPS of $4.36.
PE Ratio
Quaker Chemical Corporation has a trailing twelve months price to earnings ratio of 40.32. Meaning, the purchaser of the share is investing $40.32 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 5.87%.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be Jan 12, 2023. The forward annual dividend rate for the year is 1.74, and the forward annual dividend yield of 0.96%.
Sales Growth
Quaker Chemical Corporation has experienced a 3% increase in sales for its current quarter, and 0.9% growth for the following.
Revenue growth
The year-over-year growth in quarterly revenue was 9.6%. We now have 1.91B dollars for the 12 trailing months.
5. ChoiceOne Financial Services (COFS)
34.25% Payout Ratio
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, as well as certificates of deposit. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, and St. Clair counties, Michigan. The company was founded in 1898 and is headquartered in Sparta, Michigan.
Earnings Per Share
As for profitability, ChoiceOne Financial Services has a trailing twelve months EPS of $2.92.
PE Ratio
ChoiceOne Financial Services has a trailing twelve months price to earnings ratio of 8.2. Meaning, the purchaser of the share is investing $8.2 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 11.51%.Moving Average
ChoiceOne Financial Services's worth is higher than its 50-day moving average of $22.25 and higher than its 200-day moving average of $22.49.Annual Top and Bottom Value
ChoiceOne Financial Services stock was valued at $23.93 as of 19:24 EST. This is way lower than its 52 week high of $29.38, and much higher than its 52 week low of $19.20.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 4.52%.
Volume
ChoiceOne Financial Services' last reported volume is 1685, which is 79.4% lower than its average volume (8183).
6. KeyCorp (KEY)
33.77% Payout Ratio
KeyCorp is the holding company of KeyBank National Association, which provides services and products in retail and commercial banking. The bank operates two divisions, Consumer Bank and Commercial Bank. It offers various deposit options, investments products, services, as well as personal finance, financial wellness, student loans refinancing and mortgage and home equity. The company also offers a range of capital market and banking products including syndicated financing, debt and equity capital markets products, commercial payments and equipment finance, commercial and residential mortgage banking, derivatives and foreign exchange as well as public finance. This includes commercial mortgage loans that include consumer, energy and healthcare loans, private sector loans, real estate loans, technology loans, middle-market clients, and commercial mortgage loans. The company also offers investment banking, securities underwriting and brokerage services. It had approximately 999 branches, 1,317 ATMs, and additional offices in 15 states. The company also has a phone banking center, mobile and online banking, and an additional office. KeyCorp was established in 1849, and its headquarters is in Cleveland Ohio.
Earnings Per Share
As for profitability, KeyCorp has a trailing twelve months EPS of $1.77.
PE Ratio
KeyCorp has a trailing twelve months price to earnings ratio of 9.93. Meaning, the purchaser of the share is investing $9.93 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 13.88%.Moving Average
KeyCorp is worth more than its $50-day moving mean of $17.22 but less than its $200-day moving mean of $19.88.Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on Aug 28th 2022. The forward dividend rate for the year is 0.78, and the forward dividend yield is 4.26%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.5%, now sitting on 7.21B for the twelve trailing months.