5 Financial Companies Paying High Dividend Yields

Yields are higher than 5%.

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Jul 25, 2019
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According to the GuruFocus All-in-One Screener, the following companies have high dividend yields but performed poorly over the last 12 months.

ING Groep NV (ING)'s dividend yield is 6.69% with a payout ratio of 50%. Over the last 52 weeks, the share price has fallen 23%. The stock is trading with a price-book ratio of 0.81 and a price-earnings ratio of 8.40.

The bank, headquartered in the Netherlands, has a market cap of $44.68 billion and a profitability and growth rating of 4 out of 10. The return on equity of 9.82% and return on assets of 0.54% are underperforming 51% of competitors. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.60 is underperforming 63% of competitors. The equity-asset ratio of 0.06 is below the industry median of 0.1.

The company’s largest guru shareholder is Ken Fisher (Trades, Portfolio) with 1.19% of outstanding shares followed by NWQ Managers (Trades, Portfolio) with 0.10%.

Westpac Banking Corp. (WBK)'s dividend yield is 6.72% with a payout ratio of 93%. Over the last 52 weeks, the share price has fallen 8.21%. The stock is trading with a price-book ratio of 1.61 and a price-earnings ratio of 14.17.

With a $68.33 billion market cap, the Australian oldest bank has a profitability and growth rating of 3 out of 10. While the return on equity of 11.91% is outperforming the sector, the return on assets of 0.86% is underperforming 60% of competitors. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.10 is underperforming 90% of competitors. The equity-asset ratio is 0.07.

Jim Simons' (Trades, Portfolio) Renaissance Technologies is the company's largest guru shareholder with 0.08% of outstanding shares.

TFS Financial Corp. (TFSL)'s dividend yield is 5.46% and the payout ratio is 317%. Over the last 52 weeks, the share price has risen 12.12%. The stock is trading with a price-book ratio of 2.91 and a price-earnings ratio of 63.13.

The financial holding company has a market cap of $5.13 billion. GuruFocus rated its profitability and growth 3 out of 10. The return on equity of 4.68% and return on assets of 0.59% are underperforming 83% of competitors. Its financial strength is rated 3 out of 10. The cash-debt ratio of 0.07 is underperforming 94% of competitors. The equity-asset ratio of 0.12 is above the industry median of 0.1.

Simons’ firm is the company's largest guru shareholder with 2.36% of outstanding shares followed by Hotchkis & Wiley with 0.07%

Canadian Imperial Bank of Commerce (CM)'s dividend yield is 5.29% with a payout ratio of 48%. Over the last 52 weeks, the share price has declined 12.39%. The stock is trading with a price-book ratio of 1.32 and a price-earnings ratio of 9.08.

The Canadian bank has a market cap of $35.15 billion. The company has a profitability and growth rating of 4 out of 10. While the return on equity of 14.38% is outperforming the sector, return on assets of 0.85% is underperforming 61% of competitors. Its financial strength is rated 5 out of 10. The equity-asset ratio of 0.06 is below the industry median of 0.1.

With 0.63% of outstanding shares, Sarah Ketterer (Trades, Portfolio)’s Causeway Capital Management is the company's largest guru shareholder, followed by Simons’ firm with 0.26% and Jeremy Grantham (Trades, Portfolio)’s GMO with 0.07%.

Sumitomo Mitsui Financial Group Inc. (SMFG)'s dividend yield is 4.58% with a payout ratio of 46%. Over the last 52 weeks, the share price has fallen 12.39%. The stock is trading with a price-book ratio of 0.48 and a price-earnings ratio of 10.04.

The second largest Japan’s financial bank has a market cap of $48.80 billion. GuruFocus rated its profitability and growth 2 out of 10. The return on equity of 4.93% and return on assets of 0.27% are underperforming 82% of competitors. Its financial strength is rated 4 out of 10. The equity-asset ratio is 0.06.

Ken Fisher (Trades, Portfolio) is the company's largest guru shareholder with 0.89% of outstanding shares, followed by Ketterer’s firm with 0.03%.

Disclosure: I do not own any stocks mentioned.

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