(VIANEWS) – OFS Capital Corporation (OFS), Blackrock Muni Intermediate Duration Fund (MUI), Pioneer Municipal High Income Advantage Trust (MAV) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio as yet. 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 distribute 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. OFS Capital Corporation (OFS)
288.89% Payout Ratio
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $5 million and $35 million, revenues between $10 million and $200 million, annual EBITDA more than $5 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second-lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority as well as majority stake in the investments made. It also co-invests with its partners for additional capital.
Earnings Per Share
As for profitability, OFS Capital Corporation has a trailing twelve months EPS of $-0.04.
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 -0.27%.
Volume
Today’s last reported volume for OFS Capital Corporation is 9441 which is 78.83% below its average volume of 44614.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 5.4% and a negative 10.5%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 1.35 and the estimated forward annual dividend yield is 13.8%.
2. Blackrock Muni Intermediate Duration Fund (MUI)
117.75% Payout Ratio
BlackRock Muni Intermediate Duration Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment. BlackRock Muni Intermediate Duration Fund, Inc. was formed on August 1, 2003 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock Muni Intermediate Duration Fund has a trailing twelve months EPS of $0.4.
PE Ratio
Blackrock Muni Intermediate Duration Fund has a trailing twelve months price to earnings ratio of 29.12. Meaning, the purchaser of the share is investing $29.12 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.8%, now sitting on 68.1M for the twelve trailing months.
Volume
Today’s last reported volume for Blackrock Muni Intermediate Duration Fund is 118099 which is 32.39% below its average volume of 174701.
3. Pioneer Municipal High Income Advantage Trust (MAV)
104.46% Payout Ratio
Pioneer Municipal High Income Advantage Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index. It was formerly known as Pioneer Municipal Advantage Trust. Pioneer Municipal High Income Advantage Trust was formed on August 6, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pioneer Municipal High Income Advantage Trust has a trailing twelve months EPS of $-0.06.
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 -0.39%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 18, 2024, the estimated forward annual dividend rate is 0.39 and the estimated forward annual dividend yield is 4.98%.
Volume
Today’s last reported volume for Pioneer Municipal High Income Advantage Trust is 83107 which is 48.03% above its average volume of 56141.
4. Union Bankshares (UNB)
58.06% Payout Ratio
Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit. The company also provides commercial real estate loans; consumer loans; municipal loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; and residential real estate loans. In addition, it offers small business administration guaranteed, and residential construction and mortgage loans; online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository services; merchant credit card services; remote deposit capture services; and online mortgage application services. Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM services; debit cards; and telephone, Internet, and mobile banking services; home improvement loans and overdraft; and asset management, fiduciary, and trust services. It offers retail banking services to individuals; and commercial banking services to small and medium sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts. The company operates 18 banking offices, 2 loan centers, and various ATMs. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.
Earnings Per Share
As for profitability, Union Bankshares has a trailing twelve months EPS of $2.48.
PE Ratio
Union Bankshares has a trailing twelve months price to earnings ratio of 11.07. Meaning, the purchaser of the share is investing $11.07 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 18.6%.
Moving Average
Union Bankshares’s worth is under its 50-day moving average of $30.02 and above its 200-day moving average of $26.71.
5. HSBC (HSBC)
46.49% Payout Ratio
HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions. This segment serves personal banking and high net worth individuals. The Commercial Banking segment provides credit and lending, treasury management, payment, cash management, commercial insurance, and investment services; commercial cards; international trade and receivables finance services; foreign exchange products; capital raising services on debt and equity markets; and advisory services. It serves small and medium sized enterprises, mid-market enterprises, and corporates. The Global Banking and Markets segment offers financing, advisory, and transaction services; and credit, rates, foreign exchange, equities, money markets, and securities services; and engages in principal investment activities. It serves government, corporate and institutional clients, and private investors. HSBC Holdings plc was founded in 1865 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, HSBC has a trailing twelve months EPS of $5.7.
PE Ratio
HSBC has a trailing twelve months price to earnings ratio of 7.13. Meaning, the purchaser of the share is investing $7.13 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 13%.
Moving Average
HSBC’s value is higher than its 50-day moving average of $39.37 and above its 200-day moving average of $38.98.
Revenue Growth
Year-on-year quarterly revenue growth declined by 54%, now sitting on 56.35B for the twelve trailing months.
Previous days news about HSBC (HSBC)
- According to FXStreet on Tuesday, 23 April, "The latest data from the Indian docket revealed that the nation’s HSBC Manufacturing Purchasing Managers Index (PMI) came in at 59.1 in April, compared to 59.1 in March. "
- According to Zacks on Thursday, 25 April, "We now look forward to the earnings releases of other foreign banks like HSBC Holdings plc (HSBC Quick QuoteHSBC – Free Report) and UBS Group AG (UBS Quick QuoteUBS – Free Report) .HSBC is expected to release quarterly results on Apr 30 and UBS is expected to release results on May 7."
6. Logitech (LOGI)
37.74% Payout Ratio
Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices. It also provides keyboards, mice, headsets, and simulation products, such as gamepads, steering wheels, simulation controllers, console gaming headsets, and streamlabs services; video conferencing products, such as ConferenceCams, which combine enterprise-quality audio and high-definition video to bring video conferencing to businesses of any size; webcams and headsets that turn desktop into collaboration space; and controller for video conferencing room solutions. In addition, the company offers portable wireless Bluetooth and Wi-Fi connected speakers, mobile speakers, PC speakers, PC headsets, microphones, in-ear headphones, and wireless audio wearables. Its channel network includes consumer electronics distributors, retailers, e-tailers, computer and telecommunications stores, value-added resellers, and online merchants. The company sells its products under the Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones, and Ultimate Ears brands. Logitech International S.A. was incorporated in 1981 and is headquartered in Lausanne, Switzerland.
Earnings Per Share
As for profitability, Logitech has a trailing twelve months EPS of $3.07.
PE Ratio
Logitech has a trailing twelve months price to earnings ratio of 28.29. Meaning, the purchaser of the share is investing $28.29 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 21.85%.
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%.
