(VIANEWS) – Monroe Capital Corporation (MRCC), ProLogis (PLD), Uniti Group (UNIT) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 researching 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. Monroe Capital Corporation (MRCC)
5000% Payout Ratio
Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants. It also provides financing primarily to buyouts in lower middle-market companies. It focuses to invest in the United States and Canada. The fund prefers to invest in companies with EBITDA between $3 and $35 million.
Earnings Per Share
As for profitability, Monroe Capital Corporation has a trailing twelve months EPS of $0.02.
PE Ratio
Monroe Capital Corporation has a trailing twelve months price to earnings ratio of 369. Meaning, the purchaser of the share is investing $369 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 0.17%.
2. ProLogis (PLD)
104.39% Payout Ratio
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.
Earnings Per Share
As for profitability, ProLogis has a trailing twelve months EPS of $3.29.
PE Ratio
ProLogis has a trailing twelve months price to earnings ratio of 36.17. Meaning, the purchaser of the share is investing $36.17 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 5.87%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 53.4% and a negative 21.3%, respectively.
Volume
Today’s last reported volume for ProLogis is 2690390 which is 17.1% below its average volume of 3245380.
3. Uniti Group (UNIT)
81.08% Payout Ratio
Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of June 30, 2020, Uniti owns 6.5 million fiber strand miles and other communications real estate throughout the United States.
Earnings Per Share
As for profitability, Uniti Group has a trailing twelve months EPS of $-0.11.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 18.52%.
Volume
Today’s last reported volume for Uniti Group is 2156760 which is 21.56% below its average volume of 2749760.
Moving Average
Uniti Group’s worth is way below its 50-day moving average of $5.12 and way under its 200-day moving average of $5.24.
4. Northrim BanCorp (NRIM)
46.98% Payout Ratio
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement accounts, money market deposit accounts, and certificates of deposit. It also provides family residential mortgages; commercial loans, such as secured and unsecured loans for working capital and expansion; commercial real estate loans; construction loans for commercial real estate projects, and land development and residential subdivision construction loans; and loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, the company offers other services that include consumer online banking, mobile app and mobile deposit, mobile Web and text banking, business online banking, personal finance, online documents, consumer and business debit cards, home equity advantage access cards, and telebanking and automated teller services. Further, it provides personalized checks, overdraft protection from savings accounts, commercial drive-up banking, automatic transfers and payments, people pay, external and wire transfers, bill pay, direct payroll deposits, electronic tax payments, automated clearing house origination and receipt, remote deposit capture, and account reconciliation and positive pay services, as well as merchant and cash management programs, annuity products, and long term investment portfolios. As of December 31, 2020, the company operated 16 branches in Anchorage, the Matanuska-Susitna Valley, Juneau, Fairbanks, Ketchikan, Sitka, and Kenai Peninsula. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.
Earnings Per Share
As for profitability, Northrim BanCorp has a trailing twelve months EPS of $5.13.
PE Ratio
Northrim BanCorp has a trailing twelve months price to earnings ratio of 10.96. Meaning, the purchaser of the share is investing $10.96 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 12.4%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.4%, now sitting on 130.35M for the twelve trailing months.
Sales Growth
Northrim BanCorp’s sales growth is 7% for the ongoing quarter and 5.1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 33.7% and 6.1%, respectively.
Volume
Today’s last reported volume for Northrim BanCorp is 10696 which is 0.75% below its average volume of 10777.
5. California Water Service Group (CWT)
42.06% Payout Ratio
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, California Water Service Group has a trailing twelve months EPS of $2.52.
PE Ratio
California Water Service Group has a trailing twelve months price to earnings ratio of 19.96. Meaning, the purchaser of the share is investing $19.96 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 10.34%.
Moving Average
California Water Service Group’s value is above its 50-day moving average of $48.18 and higher than its 200-day moving average of $48.86.
Previous days news about California Water Service Group (CWT)
- According to Zacks on Tuesday, 28 May, "Other water utilities like American Water Works (AWK Quick QuoteAWK – Free Report) , California Water Service Group (CWT Quick QuoteCWT – Free Report) and Middlesex Water (MSEX Quick QuoteMSEX – Free Report) have well-chalked-out capital investment plans to strengthen infrastructure."
- According to Zacks on Wednesday, 29 May, "Investors interested in the utilitysector might look at some top-ranked stocks like California Water Service Group (CWT Quick QuoteCWT – Free Report) andPrimo Water Corporation (PRMW Quick QuotePRMW – Free Report) , each sporting a Zacks Rank #1 (Strong Buy) and Atmos Energy Corporation (ATO Quick QuoteATO – Free Report) , holding a Zacks Rank #2 (Buy), at present. "
6. Rocky Brands (RCKY)
34.44% Payout Ratio
Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products in approximately 10,000 retail locations through a range of distribution channels comprising sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, and specialty and online retailers. The Retail segment sells its products directly to consumers through its e-commerce websites, including rockyboots.com, georgiaboot.com, durangoboot.com, lehighoutfitters.com, lehighsafetyshoes.com, slipgrips.com,muckbootcompany.com,xtratuf.com, and Rocky outlet store in Nelsonville, Ohio, and retail stores. The Contract Manufacturing segment include private label sales and any sales to customers which are contracted to manufacture a specific footwear product for a customer and include sales to the U.S. Military. It serves industrial and construction workers, as well as workers in the hospitality industry, such as restaurants or hotels; farmers and ranchers; consumers enamored with western influenced fashion; commercial military personnel; hunting, fishing, camping, and hiking enthusiasts; law enforcement, security personnel, and postal employees; and for the U.S. military personnel. Rocky Brands, Inc. was founded in 1932 and is headquartered in Nelsonville, Ohio.
Earnings Per Share
As for profitability, Rocky Brands has a trailing twelve months EPS of $1.8.
PE Ratio
Rocky Brands has a trailing twelve months price to earnings ratio of 21.2. Meaning, the purchaser of the share is investing $21.2 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 6.09%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.2%, now sitting on 464.29M for the twelve trailing months.
Sales Growth
Rocky Brands’s sales growth is negative 7.9% for the present quarter and 4.5% for the next.
Moving Average
Rocky Brands’s value is way above its 50-day moving average of $28.74 and way higher than its 200-day moving average of $24.09.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
