(VIANEWS) - Whitestone REIT (WSR), Independent Bank Corp. (INDB), Fidus Investment Corporation (FDUS) 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 issue 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. Whitestone REIT (WSR)
127.55% Payout Ratio
Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone's strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.
Earnings per Share
Whitestone REIT's trailing 12 months earnings per share (EPS) is $0.36
PE Ratio
Whitestone REIT's trailing 12-month price-earnings ratio is 26.94. The purchaser of the shares is therefore investing $26.94 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 4.53%.Moving Average
Whitestone REIT's value is higher than its $50-day moving mean of $9.09, and much lower than its $200-day moving median of $10.85.Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on November 30, 2022. The forward dividend rate for 2020 is 0.48, and the forward dividend yield is 4.95.
Volume
Whitestone REIT's current reported volume is 130036, which is 47.71% less than its average volume at 248693.
Annual Top and Bottom Value
Whitestone REIT stock was valued at $9.70 as of 19:23 EST at night. This is way lower than the 52-week high at $13.66, and much higher than the 52-week low at $8.15.
2. Independent Bank Corp. (INDB)
52.07% Payout Ratio
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. Its products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. The company's loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages and home equity loans, and loans for the construction of residential properties; and personal loans. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as automated teller machine (ATM) cards and debit cards; and mutual fund shares, unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2020, it operates through a network of ninety-six full service and two limited service retail branches, sixteen commercial banking centers, ten investment management offices, and eight mortgage lending centers in Eastern Massachusetts, Greater Boston, the South Shore, and the Cape and Islands, as well as in Worcester County and Rhode Island. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Earnings per Share
Independent Bank Corp.'s trailing 12 months earnings per share (EPS) is $4.12.
PE Ratio
Independent Bank Corp.'s trailing 12-month price-to-earnings ratio is 19.78. The purchaser of the shares is therefore investing $19.78 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 8.24%.Yearly Top and Bottom Value
Independent Bank Corp.'s stock is valued at $81.58 at 19:23 EST, way below its 52-week high of $91.65 and above its 52-week low of $74.28.
Volume
Independent Bank Corp.'s latest reported volume is 92008, which is 49.01% lower than its average volume (180449).
Moving Average
Independent Bank Corp.'s worth is below its 50-day moving average of $85.27 and under its 200-day moving average of $81.83.Revenue growth
The year-over-year revenue growth was 48.4%. We now have 642.12M in the 12 trailing months.
3. Fidus Investment Corporation (FDUS)
42.17% Payout Ratio
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
Earnings per Share
Fidus Investment Corporation's trailing 12-month EPS is $3.32.
PE Ratio
Fidus Investment Corporation's trailing 12-month price-to-earnings ratio is 5.75. The purchaser of the shares is investing $5.75 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 17.64%.Sales Growth
Fidus Investment Corporation's sales growth is 9.5% for the ongoing quarter and 29% for the next.
Yearly Top and Bottom Value
Fidus Investment Corporation's stock is valued at $19.09 at 19:23 EST, way under its 52-week high of $21.25 and way higher than its 52-week low of $16.40.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Fidus Investment Corporation's EBITDA is 6.91.
4. 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
Columbia Banking System's trailing 12 months profit per share was $2.86
PE Ratio
Columbia Banking System's trailing 12-month price-earnings ratio is 10.67. The purchaser of the shares is investing $10.67 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 10.1%.Revenue growth
The year-on-year revenue growth was 17.5%. 691.07M is now the total for twelve months.
5. Peoples Bancorp (PEBO)
38.85% Payout Ratio
Peoples Bancorp Inc. is the holding company of Peoples Bank, which provides retail and commercial banking services and products. It accepts various deposits, such as savings and demand accounts as well as certificates of deposit. The bank also provides residential and commercial, industrial and finance loans as well as overdrafts and home equity lines of credit. The company also provides ATM and debit cards, safe deposit rentals, money orders, cashier's checks, as well as telephone and mobile banking services. The company also offers a variety of life, property, and casualty insurance products, third-party administration, insurance premium financing, commercial and technology equipment lending; fiduciary, trust, underwriting, origination, servicing, and monitoring equipment financing agreements, asset management, administration, employee benefits, retirement and plan administration services. It also offers brokerage services via an unaffiliated registered broker/dealer; insurance premium financing lending and leasing services; credit cards for individuals and businesses; as well as processing merchant credit card transactions and processing person-to-person payments. It operates 135 branches and ATMs in Ohio, West Virginia and Kentucky. Peoples Bancorp Inc. is located in Marietta in Ohio.
Earnings per Share
Peoples Bancorp's trailing 12 months profit per share was $3.81
PE Ratio
Peoples Bancorp's trailing 12-month price-to-earnings ratio is 7.41. The purchaser of the shares is therefore investing $7.41 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 12.84%.Revenue Growth
Year-on-year quarterly revenue growth grew by 71.5%, now sitting on 329.6M for the twelve trailing months.
6. 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 bio-based 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%.Revenue growth
The year-on-year revenue growth was 23%. We now have 69.42M in the 12 trailing months.