(VIANEWS) – Oaktree Specialty Lending Corporation (OCSL), Primo Water Corporation (PRMW), Sunoco LP (SUN) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio so far. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When investigating 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. Oaktree Specialty Lending Corporation (OCSL)
5062.63% Payout Ratio
Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, and management buyouts in small and mid-sized companies. The fund seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies with enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.
Earnings Per Share
As for profitability, Oaktree Specialty Lending Corporation has a trailing twelve months EPS of $0.04.
PE Ratio
Oaktree Specialty Lending Corporation has a trailing twelve months price to earnings ratio of 455.5. Meaning, the purchaser of the share is investing $455.5 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 0.24%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 14.8% and 23.5%, respectively.
Moving Average
Oaktree Specialty Lending Corporation’s value is under its 50-day moving average of $19.94 and below its 200-day moving average of $20.14.
Sales Growth
Oaktree Specialty Lending Corporation’s sales growth is 37.9% for the present quarter and 48.4% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 13, 2023, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 12.24%.
2. Primo Water Corporation (PRMW)
155.56% Payout Ratio
Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, Renü, Water Event Pure Water Solutions, Canadian Springs, Labrador Source, Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands. It provides its services to residential customers, small and medium-sized businesses, and regional and national corporations and retailers. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida.
Earnings Per Share
As for profitability, Primo Water Corporation has a trailing twelve months EPS of $0.18.
PE Ratio
Primo Water Corporation has a trailing twelve months price to earnings ratio of 83.11. Meaning, the purchaser of the share is investing $83.11 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 2.27%.
Yearly Top and Bottom Value
Primo Water Corporation’s stock is valued at $14.96 at 02:23 EST, under its 52-week high of $16.47 and way above its 52-week low of $12.15.
3. Sunoco LP (SUN)
63.26% Payout Ratio
Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and oil companies and supplies it to independently operated dealer stations, distributors and other consumer of motor fuel, and partnership operated stations, as well as to commission agent locations. The All Other segment operates retail stores that offer motor fuel, merchandise, foodservice, and other services that include credit card processing, car washes, lottery, automated teller machines, money orders, prepaid phone cards, and wireless services. It also leases and subleases real estate properties; and operates terminal facilities on the Hawaiian Islands. As of December 31, 2021, the company operated 78 retail stores in Hawaii and New Jersey. Sunoco GP LLC serves as the general partner of the company. The company was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in October 2014. Sunoco LP was founded in 1886 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Sunoco LP has a trailing twelve months EPS of $1.61.
PE Ratio
Sunoco LP has a trailing twelve months price to earnings ratio of 27.14. Meaning, the purchaser of the share is investing $27.14 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 58.49%.
Sales Growth
Sunoco LP’s sales growth is negative 0.1% for the present quarter and negative 10.5% for the next.
Previous days news about Sunoco LP (SUN)
- According to Zacks on Wednesday, 5 April, "Other prospective players in the energy space includeMarathon Petroleum Corporation (MPC Quick QuoteMPC – Free Report) , Sunoco LP (SUN Quick QuoteSUN – Free Report) and Valero Energy Corporation (VLO Quick QuoteVLO – Free Report) . "
- According to Zacks on Thursday, 6 April, "Meanwhile, investors interested in the energy sector might look at operators like NOW Inc. (DNOW Quick QuoteDNOW – Free Report) and Sunoco LP (SUN Quick QuoteSUN – Free Report) , both carrying a Zacks Rank #1 (Strong Buy) currently."
4. Progressive Corporation (PGR)
42.37% Payout Ratio
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Earnings Per Share
As for profitability, Progressive Corporation has a trailing twelve months EPS of $11.
PE Ratio
Progressive Corporation has a trailing twelve months price to earnings ratio of 13.39. Meaning, the purchaser of the share is investing $13.39 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 4.23%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 4, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 0.29%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 51.8% and 60.4%, respectively.
Volume
Today’s last reported volume for Progressive Corporation is 1902930 which is 22.77% below its average volume of 2464060.
5. AptarGroup (ATR)
42.34% Payout Ratio
AptarGroup, Inc. provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Pharma, Beauty + Home, and Food + Beverage. The Pharma segment provides pumps for nasal allergy treatments; and metered dose inhaler valves for respiratory ailments, such as asthma and chronic obstructive pulmonary diseases in pharmaceutical market; elastomer for injectable primary packaging components; and active packaging products. The Beauty + Home segment primarily sells pumps, closures, aerosol valves, accessories, and sealing solutions to the personal care and home care markets; and pumps and decorative components to the beauty market. The Food + Beverage segment offers dispensing and non-dispensing closures, elastomeric flow control components, spray pumps, and aerosol valves to the food and beverage markets. The company sells its products through own sales force, as well as independent representatives and distributors in Asia, Europe, Latin America, and North America. AptarGroup, Inc. has a strategic partnership with PureCycle Technologies LLC to develop ultra-pure recycled polypropylene into dispensing applications; and a collaboration with Sonmol for developing a digital therapies and services platform targeting respiratory and other diseases. The company was incorporated in 1992 and is headquartered in Crystal Lake, Illinois.
Earnings Per Share
As for profitability, AptarGroup has a trailing twelve months EPS of $3.63.
PE Ratio
AptarGroup has a trailing twelve months price to earnings ratio of 31.12. Meaning, the purchaser of the share is investing $31.12 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 11.82%.
Volume
Today’s last reported volume for AptarGroup is 148787 which is 32.6% below its average volume of 220753.
6. New York Times (NYT)
32.69% Payout Ratio
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. The company also transmits articles, graphics, and photographs from The Times and other publications to approximately 1,500 newspapers, magazines, and websites; licenses electronic databases to resellers in the business, professional, and library markets; and offers magazine licensing, news digests, book development, and rights and permissions. In addition, it engages in the live events business, which hosts physical and virtual live events to connect audiences with journalists and outside thought leaders; direct-sold website, mobile application, podcast, email, and video advertisements, as well as digital advertising services; operates Wirecutter, a product review and recommendation products; develops mobile applications, including games and cooking products; prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, New York Times has a trailing twelve months EPS of $0.6.
PE Ratio
New York Times has a trailing twelve months price to earnings ratio of 64.87. Meaning, the purchaser of the share is investing $64.87 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 11.28%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 2, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 0.88%.
Moving Average
New York Times’s value is above its 50-day moving average of $37.16 and way higher than its 200-day moving average of $32.91.
Previous days news about New York Times (NYT)
- According to VentureBeat on Wednesday, 5 April, "For example, she pointed to Kevin Roose’s recent New York Times article that included a transcript of a chat with Microsoft’s Bing chatbot. "
- According to VentureBeat on Friday, 7 April, "Just this morning, the New York Times reported on Google and Microsoft’s aggressive moves to control generative AI since OpenAI launched ChatGPT in November 2022."
