(VIANEWS) – Sun Communities (SUI), Blackstone Mortgage Trust (BXMT), Dorchester Minerals, L.P. (DMLP) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 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. Sun Communities (SUI)
204% Payout Ratio
Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of March 31, 2023, the Company owned, operated, or had an interest in a portfolio of 671 developed MH, RV and Marina properties comprising approximately 179,700 developed sites and approximately 47,990 wet slips and dry storage spaces in the U.S., the UK and Canada.
Earnings Per Share
As for profitability, Sun Communities has a trailing twelve months EPS of $1.75.
PE Ratio
Sun Communities has a trailing twelve months price to earnings ratio of 80.75. Meaning, the purchaser of the share is investing $80.75 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 3.18%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Sun Communities’s EBITDA is 120.46.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 32.8% and 10.6%, respectively.
Sales Growth
Sun Communities’s sales growth is 2.8% for the ongoing quarter and 6.4% for the next.
2. Blackstone Mortgage Trust (BXMT)
160% Payout Ratio
Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was founded in 1966 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Blackstone Mortgage Trust has a trailing twelve months EPS of $1.55.
PE Ratio
Blackstone Mortgage Trust has a trailing twelve months price to earnings ratio of 13.95. Meaning, the purchaser of the share is investing $13.95 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 5.84%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 2.48 and the estimated forward annual dividend yield is 11.79%.
3. Dorchester Minerals, L.P. (DMLP)
114.79% Payout Ratio
Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profit, and leasehold interests in the United States. Its royalty properties consist of producing and nonproducing mineral, royalty, and overriding royalty interests located in 582 counties and parishes in 26 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership. Dorchester Minerals Management LP serves as the general partner of Dorchester Minerals, L.P. The company was founded in 1982 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Dorchester Minerals, L.P. has a trailing twelve months EPS of $3.26.
PE Ratio
Dorchester Minerals, L.P. has a trailing twelve months price to earnings ratio of 9.85. Meaning, the purchaser of the share is investing $9.85 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 78.11%.
Yearly Top and Bottom Value
Dorchester Minerals, L.P.’s stock is valued at $32.10 at 02:23 EST, under its 52-week high of $32.50 and way above its 52-week low of $22.51.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 27, 2023, the estimated forward annual dividend rate is 3.98 and the estimated forward annual dividend yield is 12.39%.
4. Mid (MAA)
87.65% Payout Ratio
MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of March 31, 2023, MAA had ownership interest in 101,986 apartment units, including communities currently in development, across 16 states and the District of Columbia.
Earnings Per Share
As for profitability, Mid has a trailing twelve months EPS of $5.7.
PE Ratio
Mid has a trailing twelve months price to earnings ratio of 26.81. Meaning, the purchaser of the share is investing $26.81 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 10.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.1%, now sitting on 2.07B for the twelve trailing months.
Sales Growth
Mid’s sales growth is 7.8% for the present quarter and 6.8% for the next.
5. Intercontinental Hotels Group (IHG)
63.01% Payout Ratio
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels, resorts, restaurants, and spas under the InterContinental Hotels & Resorts, Regent, Six Senses, Kimpton Hotels & Restaurants, Hotel Indigo, EVEN HOTELS, HUALUXE, Crowne Plaza, Voco, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, avid, Staybridge Suites, Atwell Suites, and Candlewood Suites brand names. It also provides IHG Rewards Club, a hotel loyalty program. As of February 28, 2020, the company had approximately 5,900 hotels and 884,000 rooms in approximately 100 countries. InterContinental Hotels Group PLC was founded in 1777 and is headquartered in Denham, the United Kingdom.
Earnings Per Share
As for profitability, Intercontinental Hotels Group has a trailing twelve months EPS of $2.05.
PE Ratio
Intercontinental Hotels Group has a trailing twelve months price to earnings ratio of 34.59. Meaning, the purchaser of the share is investing $34.59 for every dollar of annual earnings.
Volume
Today’s last reported volume for Intercontinental Hotels Group is 515853 which is 265% above its average volume of 141326.