(VIANEWS) – Oaktree Specialty Lending Corporation (OCSL), PIMCO Strategic Income Fund (RCS), Allstate (ALL) 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 distribute 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. Oaktree Specialty Lending Corporation (OCSL)
161.76% Payout Ratio
Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering. The firm also seeks investment in media, advertising sectors, software, IT services, pharmaceuticals, biotechnology, real estate management and development, chemicals, machinery, and internet and direct marketing retail sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies. The firm invest in companies having enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.
Earnings Per Share
As for profitability, Oaktree Specialty Lending Corporation has a trailing twelve months EPS of $1.36.
PE Ratio
Oaktree Specialty Lending Corporation has a trailing twelve months price to earnings ratio of 14.03. Meaning, the purchaser of the share is investing $14.03 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 6.75%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 11.61%.
2. PIMCO Strategic Income Fund (RCS)
100.33% Payout Ratio
PIMCO Strategic Global Government Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities. It employs fundamental analysis with a focus on top down stock picking approach to create its portfolio. PIMCO Strategic Global Government Fund, Inc. was formed on February 24, 1994 and is domiciled in the United States.
Earnings Per Share
As for profitability, PIMCO Strategic Income Fund has a trailing twelve months EPS of $0.61.
PE Ratio
PIMCO Strategic Income Fund has a trailing twelve months price to earnings ratio of 9.93. Meaning, the purchaser of the share is investing $9.93 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 13.67%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2024, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 10.17%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.7%, now sitting on 26.22M for the twelve trailing months.
Moving Average
PIMCO Strategic Income Fund’s worth is higher than its 50-day moving average of $5.93 and higher than its 200-day moving average of $5.73.
3. Allstate (ALL)
78.56% Payout Ratio
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
Earnings Per Share
As for profitability, Allstate has a trailing twelve months EPS of $-1.19.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.28%.
Volume
Today’s last reported volume for Allstate is 1351130 which is 19.43% below its average volume of 1677030.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 58.57B for the twelve trailing months.
4. TORM plc (TRMD)
72.8% Payout Ratio
TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, TORM plc has a trailing twelve months EPS of $7.94.
PE Ratio
TORM plc has a trailing twelve months price to earnings ratio of 4.76. Meaning, the purchaser of the share is investing $4.76 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 37.81%.
Volume
Today’s last reported volume for TORM plc is 832737 which is 12.75% above its average volume of 738519.
5. Sturm, Ruger & Company (RGR)
46.96% Payout Ratio
Sturm, Ruger & Company, Inc., together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark. The company offers steel investment castings and metal injection molding parts. It sells its firearm products through independent wholesale distributors to commercial sporting market; and castings and MIM parts directly or through manufacturers' representatives. It exports its firearm products through a network of selected commercial distributors and directly to foreign customers comprising primarily of law enforcement agencies and foreign governments. Sturm, Ruger & Company, Inc. was founded in 1949 and is based in Southport, Connecticut.
Earnings Per Share
As for profitability, Sturm, Ruger & Company has a trailing twelve months EPS of $2.32.
PE Ratio
Sturm, Ruger & Company has a trailing twelve months price to earnings ratio of 18.69. Meaning, the purchaser of the share is investing $18.69 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 49.62%.
6. Eastman Chemical Company (EMN)
41.24% Payout Ratio
Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon and rosin resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers methylamines and salts higher amines and solvents; Olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Earnings Per Share
As for profitability, Eastman Chemical Company has a trailing twelve months EPS of $7.76.
PE Ratio
Eastman Chemical Company has a trailing twelve months price to earnings ratio of 12.92. Meaning, the purchaser of the share is investing $12.92 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 17.06%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 17, 2024, the estimated forward annual dividend rate is 3.24 and the estimated forward annual dividend yield is 3.23%.
Volume
Today’s last reported volume for Eastman Chemical Company is 316331 which is 68.28% below its average volume of 997413.
Yearly Top and Bottom Value
Eastman Chemical Company’s stock is valued at $100.23 at 02:23 EST, under its 52-week high of $102.71 and way above its 52-week low of $68.89.
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%.
