Using the TipRanks Stock Screener Tool, we identified three companies that have high dividend payout ratios.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The dividend payout ratio helps investors see whether a company can really afford to keep shelling out its cash. It shows how sustainable the payouts are over the long term.
The ratio is the percentage of net income that is distributed to shareholders in the form of dividends. A lower payout ratio means that a company has ample room to grow its dividend. A higher payout ratio may be a sign that the payments could become unsustainable. So, the key word is caution.
Jakks Pacific (JAKK)
It develops, produces, markets, sells, and distributes toys, consumables, and electronics and related products worldwide. It operates in two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products, inflatable environments, tents, and wagons.
It has a payout ratio of 117.91% and a strong 4.60% dividend yield.
Jerash Holdings (JRSH)
Through its subsidiaries, it manufactures and exports customized and readymade sport and outerwear. The company offers t-shirts; jackets and pullovers; pants and shorts; crew-neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment.
It has a dividend payout ratio, according to Stock Screener, of 146.63% and a strong dividend yield of 5.73%.
United-Guardian (UG)
It manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietary specialty industrial products in the United States and internationally. The company offers cosmetic ingredients, including LUBRAJEL line of water-based moisturizing and lubricating gel formulations.
It has a dividend payout ratio of 109.10% and a strong dividend yield of 7.01%.
