(VIANEWS) – Oxford Square Capital Corp. (OXSQ), Edison International (EIX), Western Gas Partners, LP Limited Partner Interests (WES) 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 issue 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. Oxford Square Capital Corp. (OXSQ)
210% Payout Ratio
Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. Oxford Square Capital Corp., formerly known as TICC Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.
Earnings Per Share
As for profitability, Oxford Square Capital Corp. has a trailing twelve months EPS of $-1.29.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -9.31%.
Volume
Today’s last reported volume for Oxford Square Capital Corp. is 122336 which is 51.4% below its average volume of 251734.
2. Edison International (EIX)
91.9% Payout Ratio
Edison International, through its subsidiaries, generates and distributes electric power. The company supplies electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. It also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. The company's transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 substations. Edison International was founded in 1886 and is headquartered in Rosemead, California.
Earnings Per Share
As for profitability, Edison International has a trailing twelve months EPS of $3.21.
PE Ratio
Edison International has a trailing twelve months price to earnings ratio of 20.51. Meaning, the purchaser of the share is investing $20.51 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 7.08%.
Moving Average
Edison International’s value is above its 50-day moving average of $64.71 and below its 200-day moving average of $68.37.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.1%, now sitting on 16.65B for the twelve trailing months.
3. Western Gas Partners, LP Limited Partner Interests (WES)
89.24% Payout Ratio
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Earnings Per Share
As for profitability, Western Gas Partners, LP Limited Partner Interests has a trailing twelve months EPS of $2.71.
PE Ratio
Western Gas Partners, LP Limited Partner Interests has a trailing twelve months price to earnings ratio of 10.53. Meaning, the purchaser of the share is investing $10.53 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 36.82%.
Yearly Top and Bottom Value
Western Gas Partners, LP Limited Partner Interests’s stock is valued at $28.54 at 22:23 EST, below its 52-week high of $28.87 and way above its 52-week low of $23.79.
Sales Growth
Western Gas Partners, LP Limited Partner Interests’s sales growth is 11% for the present quarter and 17.8% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Western Gas Partners, LP Limited Partner Interests’s EBITDA is 5.81.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.3%, now sitting on 3.03B for the twelve trailing months.
4. PT Telekomunikasi (TLK)
83.6% Payout Ratio
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services. The Consumer segment provides fixed wireline, pay TV, and internet services; and other telecommunication services to home customers. The Enterprise segment offers end-to-end solution to corporate and institutions. The Wholesale and International Business segment provides interconnection services, leased lines, satellite, very small aperture terminal, broadband access, information technology services, data, and internet services to other licensed operator companies and institutions. The Other segment offers digital content products, big data, business to business commerce, and financial services to individual and corporate customers. The company also engages in leasing of towers and other telecommunication services; provision of consultation service of hardware, computer software, and data center, as well as multimedia portal services; property development and management; trading service related to information and technology, multimedia, entertainment, and investment; and digital content exchange hub services. The company was founded in 1884 and is headquartered in Bandung, Indonesia.
Earnings Per Share
As for profitability, PT Telekomunikasi has a trailing twelve months EPS of $1.54.
PE Ratio
PT Telekomunikasi has a trailing twelve months price to earnings ratio of 15.25. Meaning, the purchaser of the share is investing $15.25 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 19.18%.
Moving Average
PT Telekomunikasi’s value is below its 50-day moving average of $24.06 and below its 200-day moving average of $25.91.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 148.8T for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 1.13 and the estimated forward annual dividend yield is 5.12%.
Volume
Today’s last reported volume for PT Telekomunikasi is 77590 which is 67.52% below its average volume of 238928.
5. RGC Resources (RGCO)
69.08% Payout Ratio
RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,157 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 6 metering stations. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.
Earnings Per Share
As for profitability, RGC Resources has a trailing twelve months EPS of $1.14.
PE Ratio
RGC Resources has a trailing twelve months price to earnings ratio of 15.58. Meaning, the purchaser of the share is investing $15.58 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 11.66%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.7%, now sitting on 97.44M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 0.79 and the estimated forward annual dividend yield is 4.45%.
Moving Average
RGC Resources’s worth is higher than its 50-day moving average of $16.84 and way below its 200-day moving average of $19.87.
Earnings Before Interest, Taxes, Depreciation, and Amortization
RGC Resources’s EBITDA is 3.18.
6. CNA Financial Corporation (CNA)
35.1% Payout Ratio
CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated standard property and casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products. It also provides property insurance products, such as property, marine, boiler, and machinery coverages; casualty insurance products comprising workers' compensation, general and product liability, commercial auto, and umbrella coverages; specialized loss-sensitive insurance programs and total risk management services; and run-off long term care policies. In addition, the company offers long-tail exposures comprising commercial automobile liability, workers compensation, general and medical professional liability, other professional and management liability, and assumed reinsurance run-off and products liability; and short-tail exposures, such as property, commercial automobile physical damage, marine, surety, and warranty. It markets its products through independent agents, brokers, and general underwriters to small, medium, and large businesses; insurance companies; associations; professionals; and other groups in the marine, oil and gas, construction, manufacturing, life science, property, financial services, healthcare, and technology industries. The company was founded in 1853 and is headquartered in Chicago, Illinois. CNA Financial Corporation operates as a subsidiary of Loews Corporation.
Earnings Per Share
As for profitability, CNA Financial Corporation has a trailing twelve months EPS of $4.73.
PE Ratio
CNA Financial Corporation has a trailing twelve months price to earnings ratio of 8.26. Meaning, the purchaser of the share is investing $8.26 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 15.48%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CNA Financial Corporation’s EBITDA is 1.04.
Volume
Today’s last reported volume for CNA Financial Corporation is 98071 which is 25.91% below its average volume of 132384.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 9, 2023, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 4.3%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 4% and 14.3%, respectively.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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%.
