(VIANEWS) – PennantPark Floating Rate Capital Ltd. (PFLT), MV Oil Trust Units of Beneficial Interests (MVO), Star Bulk Carriers Corp. (SBLK) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When investigating 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. PennantPark Floating Rate Capital Ltd. (PFLT)
1425% Payout Ratio
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Earnings Per Share
As for profitability, PennantPark Floating Rate Capital Ltd. has a trailing twelve months EPS of $0.08.
PE Ratio
PennantPark Floating Rate Capital Ltd. has a trailing twelve months price to earnings ratio of 138.25. Meaning, the purchaser of the share is investing $138.25 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 0.68%.
Sales Growth
PennantPark Floating Rate Capital Ltd.’s sales growth is 13.4% for the current quarter and 27.8% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.1%, now sitting on 105.48M for the twelve trailing months.
2. MV Oil Trust Units of Beneficial Interests (MVO)
100% Payout Ratio
MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 900 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was founded in 2006 and is based in Houston, Texas.
Earnings Per Share
As for profitability, MV Oil Trust Units of Beneficial Interests has a trailing twelve months EPS of $0.49.
PE Ratio
MV Oil Trust Units of Beneficial Interests has a trailing twelve months price to earnings ratio of 27.04. Meaning, the purchaser of the share is investing $27.04 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 281.66%.
Volume
Today’s last reported volume for MV Oil Trust Units of Beneficial Interests is 72708 which is 8.03% below its average volume of 79060.
Revenue Growth
Year-on-year quarterly revenue growth grew by 136%, now sitting on 23.46M for the twelve trailing months.
Moving Average
MV Oil Trust Units of Beneficial Interests’s worth is under its 50-day moving average of $14.57 and higher than its 200-day moving average of $12.76.
3. Star Bulk Carriers Corp. (SBLK)
64.07% Payout Ratio
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.
Earnings Per Share
As for profitability, Star Bulk Carriers Corp. has a trailing twelve months EPS of $0.1.
PE Ratio
Star Bulk Carriers Corp. has a trailing twelve months price to earnings ratio of 230.9. Meaning, the purchaser of the share is investing $230.9 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 46.15%.
Yearly Top and Bottom Value
Star Bulk Carriers Corp.’s stock is valued at $23.09 at 01:23 EST, way under its 52-week high of $33.99 and way higher than its 52-week low of $16.85.
Volume
Today’s last reported volume for Star Bulk Carriers Corp. is 1267830 which is 25.64% below its average volume of 1705080.
4. Magna International (MGA)
54.94% Payout Ratio
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Earnings Per Share
As for profitability, Magna International has a trailing twelve months EPS of $2.52.
PE Ratio
Magna International has a trailing twelve months price to earnings ratio of 22. Meaning, the purchaser of the share is investing $22 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 8.76%.
Volume
Today’s last reported volume for Magna International is 465439 which is 63.3% below its average volume of 1268460.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 18.5% and positive 6.2% for the next.
Moving Average
Magna International’s worth is under its 50-day moving average of $60.10 and under its 200-day moving average of $58.53.
