4 Stocks With The Highest Payout Ratio

Here is the result of information we collected regarding stocks with the highest payout ratio so far. The payout ratio in itself isn't a assurance of 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 and anything around 60 percent is considered high.

1. Universal Corporation - 100.88% Payout Ratio

Universal Corporation supplies leaf tobacco products worldwide. The company operates through North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental, and Special Services segments. As maintained by Morningstar, Inc., the next dividend pay date is on Jan 7, 2021, the estimated forward annual dividend rate is 3.08 and the estimated forward annual dividend yield is 6.6%. Universal Corporation sales growth this year is anticipated to be negative 0% and a negative 0% for next year. Year-on-year quarterly revenue growth declined by 20.8%, now sitting on 1.83B for the twelve trailing months. Universal Corporation's sales growth is a negative 0% for the current quarter and negative 0% for the next. The company's growth estimates for the present quarter and the next is a negative 0% and negative 0%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.78%. Universal Corporation's stock is valued at $46.65 at 18:13 EST, way below its 52-week high of $58.30 and way higher than its 52-week low of $37.04. Universal Corporation's worth is higher than its 50-day moving average of $42.86 and above its 200-day moving average of $42.85.

2. Sprague Resources LP - 175.66% Payout Ratio

Sprague Resources LP engages in the purchase, storage, distribution, and sale of refined petroleum products and natural gas in the United States and Canada. As claimed by Morningstar, Inc., the next dividend pay date is on Nov 4, 2020, the estimated forward annual dividend rate is 2.67 and the estimated forward annual dividend yield is 15.03%. Sprague Resources LP sales growth this year is anticipated to be negative 31.5% and a negative 10.6% for next year. Year-on-year quarterly revenue growth declined by 33%, now sitting on 2.71B for the twelve trailing months. Sprague Resources LP's sales growth for the next quarter is a negative 18%. The company's growth estimates for the present quarter and the next is a negative 44.2% and negative -16.9%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 52.34%. Sprague Resources LP's stock is valued at $17.60 at 18:13 EST, under its 52-week high of $18.78 and way above its 52-week low of $9.83. Sprague Resources LP's worth is above its 50-day moving average of $16.16 and way above its 200-day moving average of $15.58.

3. Caterpillar, Inc. - 68.21% Payout Ratio

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. As maintained by Morningstar, Inc., the next dividend pay date is on Oct 22, 2020, the estimated forward annual dividend rate is 4.12 and the estimated forward annual dividend yield is 2.39%. Caterpillar, Inc. sales growth this year is anticipated to be negative 22.8% and 9.7% for next year. Year-on-year quarterly revenue growth declined by 22.6%, now sitting on 43.66B for the twelve trailing months. Caterpillar, Inc.'s sales growth for the next quarter is 1%. The company's growth estimates for the current quarter and the next is a negative 44.5% and 3.1%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 22.14%. Caterpillar, Inc.'s stock is valued at $172.23 at 18:13 EST, under its 52-week high of $176.37 and way above its 52-week low of $87.50. Caterpillar, Inc.'s value is above its 50-day moving average of $164.30 and way above its 200-day moving average of $141.25.

4. Northwest Bancshares, Inc. - 129.31% Payout Ratio

Northwest Bancshares, Inc. operates as a holding company for Northwest Bank that offers various personal and business banking solutions. According to Morningstar, Inc., the next dividend pay date is on Nov 3, 2020, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 6.14%. Northwest Bancshares, Inc. sales growth this year is anticipated to be 9.4% and 3.6% for next year. Year-on-year quarterly revenue growth grew by 17.2%, now sitting on 411.71M for the twelve trailing months. Northwest Bancshares, Inc.'s sales growth for the next quarter is 20.7%. The company's growth estimates for the present quarter and the next is a negative 8.3% and 257.1%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.51%. Northwest Bancshares, Inc.'s stock is valued at $12.37 at 18:13 EST, way below its 52-week high of $16.98 and way higher than its 52-week low of $8.52. Northwest Bancshares, Inc.'s worth is way higher than its 50-day moving average of $10.96 and way higher than its 200-day moving average of $10.19.