(VIANEWS) – The Blackstone Group (BX), San Juan Basin Royalty Trust (SJT), Western Asset Bond Fund Share of Beneficial Interest (WEA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. The Blackstone Group (BX)
117.96% Payout Ratio
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, infrastructure, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It seeks to invest between $0.25 million and $900 million per transaction. It invests in companies with enterprise value between $500 million and $5000 million. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe, North America and Central America.
Earnings Per Share
As for profitability, The Blackstone Group has a trailing twelve months EPS of $1.84.
PE Ratio
The Blackstone Group has a trailing twelve months price to earnings ratio of 67.1. Meaning, the purchaser of the share is investing $67.1 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 20.59%.
2. San Juan Basin Royalty Trust (SJT)
100% Payout Ratio
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland's oil and natural gas interests (the Subject Interests) in properties located in the San Juan Basin in northwestern New Mexico. The Subject Interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico, as well as 1,140.0 net wells. BBVA USA serves as the trustee of the San Juan Basin Royalty Trust. The company was founded in 1980 and is based in Houston, Texas.
Earnings Per Share
As for profitability, San Juan Basin Royalty Trust has a trailing twelve months EPS of $1.11.
PE Ratio
San Juan Basin Royalty Trust has a trailing twelve months price to earnings ratio of 3.8. Meaning, the purchaser of the share is investing $3.8 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 1804.9%.
Volume
Today’s last reported volume for San Juan Basin Royalty Trust is 225281 which is 23.49% below its average volume of 294475.
3. Western Asset Bond Fund Share of Beneficial Interest (WEA)
77.69% Payout Ratio
Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months EPS of $1.04.
PE Ratio
Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months price to earnings ratio of 10.39. Meaning, the purchaser of the share is investing $10.39 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 9.21%.
Yearly Top and Bottom Value
Western Asset Bond Fund Share of Beneficial Interest’s stock is valued at $10.81 at 08:23 EST, under its 52-week high of $11.29 and way higher than its 52-week low of $9.60.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 22, 2024, the estimated forward annual dividend rate is 0.82 and the estimated forward annual dividend yield is 7.62%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.6%, now sitting on 13.56M for the twelve trailing months.
Volume
Today’s last reported volume for Western Asset Bond Fund Share of Beneficial Interest is 53296 which is 0.49% above its average volume of 53031.
4. Chevron (CVX)
56.67% Payout Ratio
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.
Earnings Per Share
As for profitability, Chevron has a trailing twelve months EPS of $11.36.
PE Ratio
Chevron has a trailing twelve months price to earnings ratio of 13.99. Meaning, the purchaser of the share is investing $13.99 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 12.64%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 6.52 and the estimated forward annual dividend yield is 3.93%.
Sales Growth
Chevron’s sales growth is 5.8% for the ongoing quarter and 5.5% for the next.
Previous days news about Chevron (CVX)
- According to Zacks on Wednesday, 15 May, "It is currently in the process of being acquired by supermajor Chevron in an all-stock deal worth $53 billion. "
- According to Zacks on Wednesday, 15 May, "It is currently in the process of being acquired by supermajor Chevron in an all-stock deal worth $53 billion. "
- According to CNBC on Wednesday, 15 May, "The last time it kept a purchase confidential was when it bought Chevron and Verizon in 2020."
- According to Zacks on Tuesday, 14 May, "It is currently in the process of being acquired by supermajor Chevron in an all-stock deal worth $53 billion. "
- According to Zacks on Tuesday, 14 May, "It is currently in the process of being acquired by supermajor Chevron in an all-stock deal worth $53 billion. "
5. Evercore Partners (EVR)
47.5% Payout Ratio
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Evercore Partners has a trailing twelve months EPS of $6.4.
PE Ratio
Evercore Partners has a trailing twelve months price to earnings ratio of 30.54. Meaning, the purchaser of the share is investing $30.54 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 17.78%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.5%, now sitting on 2.43B for the twelve trailing months.
6. First Community Corporation (FCCO)
38.89% Payout Ratio
First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that consist of secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides other banking services, which include online banking, internet banking, cash management, safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. It operates 21 full-service offices located in the Lexington County, Richland County, Newberry County, Kershaw County, Greenville County, Anderson County, Pickens County, and Aiken County, South Carolina; and Richmond County and Columbia County, Georgia. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.
Earnings Per Share
As for profitability, First Community Corporation has a trailing twelve months EPS of $1.44.
PE Ratio
First Community Corporation has a trailing twelve months price to earnings ratio of 12.1. Meaning, the purchaser of the share is investing $12.1 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 8.54%.
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%.
