PM has a good yield but nothing exceptional given very
high payout ratios for both eps and fcf.
I'm comfortable with
a high payout ratio for Enbridge because they are low - risk due to the nature of their business model.
While this would be a relatively
high payout ratio for many types of businesses, Digital Realty has generated very stable earnings and growth since it went public.
Not exact matches
As in developed markets, if the yield is too
high, or if the
payout ratio doesn't leave room
for reinvestment, there is a risk the dividend could get cut.
higher annual dividend increase (3 - 4 % annual increase vs 1 - 1.8 %
for canadian reit) and a lower
payout ratio than canadian reit.
higher annual dividend increase (3 - 4 % annual increase vs 1.1.8
for canadian reit) and a lower
payout ratio than canadian reit.
The flip side of that
high yield is that the
payout ratio is at 96 %, leaving not much room
for (near) future dividend growth.
As commented above a
high payout ratio is not unexpected
for a utility.
Keep in mind the
payout ratio is a bit
high right now and considering a possible flat environment
for 2015.
However, Sharpe and Sortino
ratios are marginally
higher for high DIV, low
payout strategies relative to
high DIV,
high payout strategies.
Throughout its young life, STORE's
payout ratio has seldom been
higher than 70 %, indicating a strong safety buffer
for the dividend.
The
payout ratio, at 56.9 %, is
higher than it was a few years ago, but there's still plenty of room
for continued dividend growth.
That growth rate is on the
higher end of what I usually allow
for, but I think Amgen's quality, position, growth prospects, pipeline,
payout ratio, and penchant
for handing out big dividend raises puts a lot of confidence in that model.
One primary reason
for this
high payout ratio Read more -LSB-...]
This company has been
high on my list
for one reason: great EPS growth + low
payout ratio = big time dividend growth.
The yield is quite
high, the dividend is growing at a rapid rate, and the
payout ratio leaves room
for continued dividend growth.
But those were at much
higher payout ratios than we have experienced
for decades.»
These companies have increased their dividend
for at least 15 years and have a lower than average price to earnings (PE)
ratio, a
higher operating margin, a low price to book, a reasonable dividend yield and
payout ratio.
While we generally prefer a lower
payout ratio for most types of businesses, National Retail's long - term leases,
high occupancy rates, and quality real estate locations alleviate some of our grievances.
Similarly,
for the
High Quality,
High Dividend Stocks, I use the equations: = -LRB--LRB-(J64 + J40) * 0.5 - J52) * -LRB-($ E$ 19 - 8) / 4) ^ 2) + (J64 - J40) * 0.5 * -LRB-($ E$ 19 - 8) / 4) + J52 I interpolate among years in Dividend Calculator B. I ignore all interactions (between the number of years and the
payout ratio).
As commented above a
high payout ratio is not unexpected
for a utility.
These are obviously more risky
for investors as the stocks will have abnormally
high dividend yields and
payout ratios over 100 % most of the time.
Overall, we are looking
for reasonable
payout ratios, and leverage metrics that are not too
high, as well as valuation metrics that are in - line with comparable companies.
As you can see here, T's
payout ratio, quarter - by - quarter, has usually been
high for the past 10 years.
While stable companies with less potential
for growth may afford to maintain a
high dividend
payout ratio, new companies or emerging markets may not be able to do this.
Keep in mind the
payout ratio is a bit
high right now and considering a possible flat environment
for 2015.
That accounts
for both the
high yield and the
high payout ratio.
However, Sharpe and Sortino
ratios are marginally
higher for high DIV, low
payout strategies relative to
high DIV,
high payout strategies.
Now is a great time
for dividend growth investors to purchase MSFT since the
payout ratio is still low (46 %) and the current yield is near all - time
highs:
He believes the best dividend stocks
for high income possess characteristics such as healthy
payout ratios, conservative balance sheets, reliable cash flows, recession - resistant products, and a track record of consistently rewarding shareholders with dividend increases.
I was quite surprised to see very little consistency among Hershey's
payout ratios, especially since the demand
for their product has increased over the time period and they have strong pricing power with customers willing to pay
higher prices.
And with dividend
payouts for the broad stock market now below 2 % and the average domestic - stock fund's expense
ratio more than 1 %, it's easy to see how the math can get very ugly very fast
for investors in
high - cost dividend - focused funds.
For example, a company with a
high dividend yield and low dividend
payout ratio (or
high dividend coverage
ratio) indicates that the company's dividend yield is supported by its strong earnings.
A low dividend
payout ratio means that a company is returning a small portion of its earnings to investors, while a
high payout ratio implies that a company uses the majority of its profit
for dividends instead of
for future growth.
CA has a low
payout ratio (note; it will increase due to the huge dividend growth in 2012) combined with a very
high margin (28 - 29 %) is a great combination
for any dividend growth stock.
Now, that growth rate is
higher than what the company has managed
for underlying EPS over that time frame, but the
payout ratio is still moderate at 49.6 %.
And dividend investors look
for stable businesses that have
high yields and sustainable
payout ratios.
But I believe a fair proxy
for reviewing the
payout ratio is to use the regular dividend and EPS
for 2010, which works out to be a
payout ratio of under 60 %, which is reasonable
for such a
high yield.
Average dividend
payout ratios and return on equity figures were consistently
higher over three years
for the companies with three or more women on their board, the research finds.
A consistently
high payout ratio may mean the company doesn't have favorable places to invest its money
for future growth of earnings and dividends.
Either way, it's
high time that Rockstar Games loosen the reins on Grand Theft Auto Online and does a bit of spring cleaning with the
payout ratios for the game's significant grind.