(VIANEWS) – Solar Capital Ltd. (SLRC), WhiteHorse Finance (WHF), New York Community Bancorp (NYCB) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When researching a potential investment, the dividend payout ratio is a good statistic to know so here are a few stocks with an above 30% percent payout ratio.
1. Solar Capital Ltd. (SLRC)
468.56% Payout Ratio
Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. The fund primarily invests in United States. The fund's investments generally range between $5 million and $100 million. The fund invests in companies with revenues between $50 million and $1 billion and EBITDA between $15 million and $100 million. It invests in the form of senior secured loans, mezzanine loans, and equity securities. It may also seek investments in thinly traded public companies and also make secondary investments. The fund makes non-control equity investments. It primarily exits within three years of the initial capital commitment.
Earnings Per Share
As for profitability, Solar Capital Ltd. has a trailing twelve months EPS of $0.35.
PE Ratio
Solar Capital Ltd. has a trailing twelve months price to earnings ratio of 41.14. Meaning, the purchaser of the share is investing $41.14 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 1.99%.
Sales Growth
Solar Capital Ltd.’s sales growth is 67.4% for the ongoing quarter and 31.4% for the next.
Yearly Top and Bottom Value
Solar Capital Ltd.’s stock is valued at $14.40 at 08:23 EST, way below its 52-week high of $18.37 and way above its 52-week low of $12.08.
Volume
Today’s last reported volume for Solar Capital Ltd. is 447609 which is 105.1% above its average volume of 218231.
2. WhiteHorse Finance (WHF)
208.82% Payout Ratio
WhiteHorse Finance, LLC is a business development company.
Earnings Per Share
As for profitability, WhiteHorse Finance has a trailing twelve months EPS of $0.67.
PE Ratio
WhiteHorse Finance has a trailing twelve months price to earnings ratio of 18.73. Meaning, the purchaser of the share is investing $18.73 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 4.6%.
Sales Growth
WhiteHorse Finance’s sales growth is 23.2% for the current quarter and 25.2% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 26.5% and 33.3%, respectively.
Volume
Today’s last reported volume for WhiteHorse Finance is 102301 which is 72.13% above its average volume of 59430.
3. New York Community Bancorp (NYCB)
53.97% Payout Ratio
New York Community Bancorp, Inc. operates as a bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products, including interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit. It also provides multi-family loans; commercial real estate loans; specialty finance loans and leases, and other commercial and industrial loans; acquisition, development, and construction loans; one-to-four family loans; and consumer loans. In addition, the company offers annuities, life and long-term care insurance products, and mutual funds; cash management products; and online, mobile, and phone banking services. It primarily serves individuals, small and mid-size businesses, and professional associations through a network of 238 community bank branches and 348 ATM locations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Westbury, New York.
Earnings Per Share
As for profitability, New York Community Bancorp has a trailing twelve months EPS of $1.11.
PE Ratio
New York Community Bancorp has a trailing twelve months price to earnings ratio of 8.23. Meaning, the purchaser of the share is investing $8.23 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 8.19%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 2, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 6.86%.
Volume
Today’s last reported volume for New York Community Bancorp is 11603500 which is 21.16% below its average volume of 14719000.
4. FactSet Research Systems (FDS)
31.79% Payout Ratio
FactSet Research Systems Inc., a financial data and analytics company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth. It serves portfolio managers, investment banks, asset managers, wealth advisors, corporate clients, and other financial services entities. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut.
Earnings Per Share
As for profitability, FactSet Research Systems has a trailing twelve months EPS of $10.04.
PE Ratio
FactSet Research Systems has a trailing twelve months price to earnings ratio of 39.28. Meaning, the purchaser of the share is investing $39.28 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 33.12%.
Volume
Today’s last reported volume for FactSet Research Systems is 226153 which is 4.91% below its average volume of 237846.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 26, 2023, the estimated forward annual dividend rate is 3.56 and the estimated forward annual dividend yield is 0.83%.
