(VIANEWS) – Saratoga Investment Corp New (SAR), Vodafone (VOD), NewJersey Resources Corporation (NJR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a guarantee of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When researching a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. Saratoga Investment Corp New (SAR)
185.22% Payout Ratio
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. It seeks to invest in the United States. The firm primarily invests $5 million to $20 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $150 million. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. is based in New York, New York with an additional office in Florham Park, New Jersey.
Earnings Per Share
As for profitability, Saratoga Investment Corp New has a trailing twelve months EPS of $1.14.
PE Ratio
Saratoga Investment Corp New has a trailing twelve months price to earnings ratio of 23.51. Meaning, the purchaser of the share is investing $23.51 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.09%.
Moving Average
Saratoga Investment Corp New’s worth is higher than its 50-day moving average of $26.38 and higher than its 200-day moving average of $24.71.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 2.28 and the estimated forward annual dividend yield is 8.43%.
2. Vodafone (VOD)
119.82% Payout Ratio
Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers. It also provides value added services, such as Internet of Things (IoT) comprising logistics and fleet management, smart metering, insurance, cloud, and security services; and automotive and health solutions. In addition, the company offers M-Pesa, an African payment platform, which provides money transfer, financial, and business and merchant payment services; and various services to operators through its partner market agreements. Vodafone Group Public Limited Company has a strategic partnership with Open Fiber. As of March 31, 2022, it had approximately 323 million mobile customers, 28 million fixed broadband customers, and 22 million TV customers. The company was incorporated in 1984 and is based in Newbury, the United Kingdom.
Earnings Per Share
As for profitability, Vodafone has a trailing twelve months EPS of $1.03.
PE Ratio
Vodafone has a trailing twelve months price to earnings ratio of 11.96. Meaning, the purchaser of the share is investing $11.96 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.47%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2%, now sitting on 46.02B for the twelve trailing months.
3. NewJersey Resources Corporation (NJR)
63.88% Payout Ratio
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Midstream segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 547,600 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in commercial and residential solar projects located in New Jersey; and onshore wind projects. The Energy Services segment provides unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Midstream segment invests in natural gas transportation and storage facilities. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. New Jersey Resources Corporation was founded in 1922 and is based in Wall, New Jersey.
Earnings Per Share
As for profitability, NewJersey Resources Corporation has a trailing twelve months EPS of $2.07.
PE Ratio
NewJersey Resources Corporation has a trailing twelve months price to earnings ratio of 24.03. Meaning, the purchaser of the share is investing $24.03 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.71%.
Sales Growth
NewJersey Resources Corporation’s sales growth for the current quarter is negative 19.5%.
4. Northern Trust (NTRS)
47.23% Payout Ratio
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Northern Trust has a trailing twelve months EPS of $5.61.
PE Ratio
Northern Trust has a trailing twelve months price to earnings ratio of 16.76. Meaning, the purchaser of the share is investing $16.76 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.48%.
Yearly Top and Bottom Value
Northern Trust’s stock is valued at $93.99 at 13:23 EST, way under its 52-week high of $121.25 and way higher than its 52-week low of $76.15.
Moving Average
Northern Trust’s worth is higher than its 50-day moving average of $93.33 and below its 200-day moving average of $94.92.
5. Pacific Premier Bancorp (PPBI)
44.3% Payout Ratio
Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. The company accepts deposit products, such as checking, money market, and savings accounts; and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, small business administration (SBA), and SBA paycheck protection program loans; revolving lines or credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and savings account secured loans and auto loans. The company also offers cash management, electronic banking, treasury management, and online bill payment services. It operates 61 full-service depository branches located in Arizona, California, Nevada, Oregon, and Washington. Pacific Premier Bancorp, Inc. was founded in 1983 and is headquartered in Irvine, California.
Earnings Per Share
As for profitability, Pacific Premier Bancorp has a trailing twelve months EPS of $2.98.
PE Ratio
Pacific Premier Bancorp has a trailing twelve months price to earnings ratio of 11.75. Meaning, the purchaser of the share is investing $11.75 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.98%.
Moving Average
Pacific Premier Bancorp’s worth is above its 50-day moving average of $32.69 and higher than its 200-day moving average of $32.72.
Yearly Top and Bottom Value
Pacific Premier Bancorp’s stock is valued at $35.02 at 13:23 EST, way under its 52-week high of $40.14 and way higher than its 52-week low of $27.92.
Sales Growth
Pacific Premier Bancorp’s sales growth is 11.8% for the present quarter and 5.8% for the next.
