5 High Dividend Stocks with Attractive Payout Ratios

In this article, we discuss 5 high dividend stocks with attractive payout ratios. If you want to see some more stocks in this selection, click 10 High Dividend Stocks with Attractive Payout Ratios. 

5. Franchise Group, Inc. (NASDAQ:FRG)

Dividend Yield as of March 25: 5.88%

Dividend Payout Ratio: 38%

Number of Hedge Fund Holders: 21

Franchise Group, Inc. (NASDAQ:FRG) is a Virginia-based holding corporation that owns a number of companies specializing in tax preparation and general retail. The stock yields 5.88% as of March 25. 

On February 23, Franchise Group, Inc. (NASDAQ:FRG) declared a $0.625 per share quarterly dividend. The dividend is payable on April 15, to shareholders of record on April 1. 

Franchise Group, Inc. (NASDAQ:FRG) published its fourth quarter results on February 23, posting GAAP earnings per share of $3.53, topping consensus estimates by $2.89. Revenue for the period came in at $942.28 million, surpassing consensus by approximately $93 million. 

Barrington analyst Alexander Paris lifted the price target on Franchise Group, Inc. (NASDAQ:FRG) on December 8 to $65 from $58 and reiterated an Outperform rating on the shares, following the company’s above consensus initial outlook for FY22 and an increase of 67% in its quarterly dividend. 

According to the fourth quarter database of Insider Monkey, 21 hedge funds were bullish on Franchise Group, Inc. (NASDAQ:FRG), up from 16 funds in the earlier quarter. Ophir Asset Management held the biggest position in the company, with 982,957 shares worth $51.2 million. 

Here is what Clark Street Value has to say about Franchise Group, Inc. (NYSE:MDC) in its Q4 2021 investor letter:

“Franchise Group (FRG) has grown into my largest position, it is hard to believe that CEO Brian Kahn has created so much value in a short period of time, especially after his gaff with Rent-A-Center (RCII) when he forgot to send in an extension notice triggering the termination of that deal.  I’m content to just sit on these three for the longer term and defer the taxes.”