Essentra Plc Payout ratio
What is the Payout ratio of Essentra Plc?
The Payout ratio of Essentra Plc is 276.22%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Consumer Discretionary sector on LSE compared to Essentra Plc
What does Essentra Plc do?
Essentra plc provides essential components and solutions worldwide. The Components division manufactures and distributes plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions comprising caps and plugs, wire and cable management products, flange protection products, knobs, handles and grips, PCB and electronics hardware, and tools and precision instruments for a range of applications and industries that are used in protection and finish products. The Packaging division provides cartons, leaflets, self-adhesive labels, and printed foils for use in blister packs; and packaging and authentication solutions to the health and personal care sectors. The Filter division offers filters and packaging solutions to the roll own segments; analytical laboratory services; and e-cigarette and heat not burn solutions for next generation products. The company was formerly known as Filtrona plc and changed its name to Essentra plc in June 2013. Essentra plc was incorporated in 2005 and is based in Milton Keynes, the United Kingdom.
Companies with payout ratio similar to Essentra Plc
- 3M has Payout ratio of 272.80%
- ITD Cementation India has Payout ratio of 273.01%
- People Infrastructure Ltd has Payout ratio of 273.61%
- Keppel has Payout ratio of 273.70%
- Morganite Crucible (India) has Payout ratio of 273.88%
- Johnson Outdoors Inc has Payout ratio of 275.00%
- Essentra Plc has Payout ratio of 276.22%
- Jerash (US) has Payout ratio of 277.78%
- Container of India has Payout ratio of 278.59%
- United Spirits has Payout ratio of 278.89%
- Calavo Growers, Inc has Payout ratio of 280.49%
- First Trust Senior Floting Rate Income Fund II has Payout ratio of 280.79%
- NexPoint Real Estate Finance Inc has Payout ratio of 280.83%