(VIANEWS) – Oxford Square Capital Corp. (OXSQ), Dominion Resources (D), Southwest Gas Corporation (SWX) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Oxford Square Capital Corp. (OXSQ)
262.5% Payout Ratio
Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. Oxford Square Capital Corp., formerly known as TICC Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.
Earnings Per Share
As for profitability, Oxford Square Capital Corp. has a trailing twelve months EPS of $0.16.
PE Ratio
Oxford Square Capital Corp. has a trailing twelve months price to earnings ratio of 18.98. Meaning, the purchaser of the share is investing $18.98 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 6.48%.
Yearly Top and Bottom Value
Oxford Square Capital Corp.’s stock is valued at $3.04 at 14:23 EST, under its 52-week high of $3.29 and way above its 52-week low of $2.60.
2. Dominion Resources (D)
115.58% Payout Ratio
Dominion Energy, Inc. produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 0.8 million customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 0.4 million residential, commercial, and industrial customers in South Carolina. The Contracted Energy segment is involved in the nonregulated long-term contracted renewable electric generation and renewable natural gas facility. As of December 31, 2023, the company's portfolio of assets included approximately 29.5 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 79,300 miles of electric distribution lines; and 94,800 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Dominion Resources has a trailing twelve months EPS of $2.48.
PE Ratio
Dominion Resources has a trailing twelve months price to earnings ratio of 19.72. Meaning, the purchaser of the share is investing $19.72 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 7.23%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 2.67 and the estimated forward annual dividend yield is 5.29%.
Sales Growth
Dominion Resources’s sales growth is 5.2% for the present quarter and 14.4% for the next.
Volume
Today’s last reported volume for Dominion Resources is 4563570 which is 20.35% below its average volume of 5730150.
3. Southwest Gas Corporation (SWX)
92.54% Payout Ratio
Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2023, it had 2,226,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Southwest Gas Corporation has a trailing twelve months EPS of $2.68.
PE Ratio
Southwest Gas Corporation has a trailing twelve months price to earnings ratio of 28.06. Meaning, the purchaser of the share is investing $28.06 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 5.76%.
4. PennantPark Floating Rate Capital Ltd. (PFLT)
79.55% Payout Ratio
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Earnings Per Share
As for profitability, PennantPark Floating Rate Capital Ltd. has a trailing twelve months EPS of $1.54.
PE Ratio
PennantPark Floating Rate Capital Ltd. has a trailing twelve months price to earnings ratio of 7.37. Meaning, the purchaser of the share is investing $7.37 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 13.68%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.4%, now sitting on 155.77M for the twelve trailing months.
Yearly Top and Bottom Value
PennantPark Floating Rate Capital Ltd.’s stock is valued at $11.35 at 14:23 EST, way below its 52-week high of $12.63 and way higher than its 52-week low of $9.69.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
