(VIANEWS) – BlackRock TCP Capital Corp. (TCPC), TriplePoint Venture Growth BDC Corp. (TPVG), MFS Investment Grade Municipal Trust (CXH) 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 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. BlackRock TCP Capital Corp. (TCPC)
1885.71% Payout Ratio
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million. It prefers to make equity investments in companies for an ownership stake.
Earnings Per Share
As for profitability, BlackRock TCP Capital Corp. has a trailing twelve months EPS of $0.07.
PE Ratio
BlackRock TCP Capital Corp. has a trailing twelve months price to earnings ratio of 159.57. Meaning, the purchaser of the share is investing $159.57 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 0.52%.
2. TriplePoint Venture Growth BDC Corp. (TPVG)
847.06% Payout Ratio
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
Earnings Per Share
As for profitability, TriplePoint Venture Growth BDC Corp. has a trailing twelve months EPS of $-0.66.
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 -5.55%.
Volume
Today’s last reported volume for TriplePoint Venture Growth BDC Corp. is 189524 which is 24.35% below its average volume of 250540.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.5%, now sitting on 137.71M for the twelve trailing months.
Sales Growth
TriplePoint Venture Growth BDC Corp.’s sales growth is negative 5.2% for the ongoing quarter and negative 4.2% for the next.
Yearly Top and Bottom Value
TriplePoint Venture Growth BDC Corp.’s stock is valued at $10.83 at 19:23 EST, way under its 52-week high of $12.87 and way higher than its 52-week low of $9.13.
3. MFS Investment Grade Municipal Trust (CXH)
119.35% Payout Ratio
MFS Investment Grade Municipal is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Investment Grade Municipal Trust was founded in May 16, 1989 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS Investment Grade Municipal Trust has a trailing twelve months EPS of $0.23.
PE Ratio
MFS Investment Grade Municipal Trust has a trailing twelve months price to earnings ratio of 32.48. Meaning, the purchaser of the share is investing $32.48 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 2.16%.
Yearly Top and Bottom Value
MFS Investment Grade Municipal Trust’s stock is valued at $7.47 at 19:23 EST, under its 52-week high of $7.74 and way above its 52-week low of $6.41.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 13, 2024, the estimated forward annual dividend rate is 0.27 and the estimated forward annual dividend yield is 3.64%.
Volume
Today’s last reported volume for MFS Investment Grade Municipal Trust is 32474 which is 4.35% below its average volume of 33952.
Moving Average
MFS Investment Grade Municipal Trust’s value is under its 50-day moving average of $7.54 and above its 200-day moving average of $7.31.
4. Ladder Capital Corp (LADR)
113.58% Payout Ratio
Ladder Capital Corp operates as a real estate investment trust in the United States. The company operates through three segments: Loans, Securities, and Real Estate. The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. This segment also invests in corporate bonds and real estate related equity investments. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, student housing portfolio, industrial buildings, office buildings, shopping center, and condominium units. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2008 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Ladder Capital Corp has a trailing twelve months EPS of $0.81.
PE Ratio
Ladder Capital Corp has a trailing twelve months price to earnings ratio of 13.35. Meaning, the purchaser of the share is investing $13.35 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 6.56%.
5. Public Storage (PSA)
108.5% Payout Ratio
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At December 31, 2023, we had: (i) interests in 3,044 self-storage facilities located in 40 states with approximately 218 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 275 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
Earnings Per Share
As for profitability, Public Storage has a trailing twelve months EPS of $11.07.
PE Ratio
Public Storage has a trailing twelve months price to earnings ratio of 25.6. Meaning, the purchaser of the share is investing $25.6 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 21.31%.
Sales Growth
Public Storage’s sales growth is 5.3% for the current quarter and 5.5% for the next.
6. Delek US Holdings (DK)
77.16% Payout Ratio
Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates in three segments: Refining, Logistics, and Retail. The Refining segment processes crude oil and other purchased feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal. It owns and operates four independent refineries located in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana, as well as three biodiesel facilities in Crossett, Arkansas, Cleburne, Texas, and New Albany. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. It owns or leases capacity on approximately 400 miles of crude oil transportation pipe, and lines, approximately 450 miles of refined product pipelines, an approximately 900-mile crude oil gathering system, and associated crude oil storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity; and owns and operates nine light product distribution terminals, as well as markets light products using third-party terminals. The Retail segment owns and leases 253 convenience store sites located primarily in Texas and New Mexico. Its convenience stores offer various grades of gasoline and diesel under the DK or Alon brand; and food products and service, tobacco products, non-alcoholic and alcoholic beverages, and general merchandise, as well as money orders to the public primarily under the 7-Eleven and DK or Alon brand names. It serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, the U.S. government, and independent retail fuel operators. Delek US Holdings, Inc. was founded in 2001 and is headquartered in Brentwood, Tennessee.
Earnings Per Share
As for profitability, Delek US Holdings has a trailing twelve months EPS of $1.16.
PE Ratio
Delek US Holdings has a trailing twelve months price to earnings ratio of 21.83. Meaning, the purchaser of the share is investing $21.83 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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 0.98 and the estimated forward annual dividend yield is 3.81%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Delek US Holdings’s EBITDA is 11.71.
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%.
