(VIANEWS) – Redwood Trust (RWT), Babson Capital Global Short Duration High Yield Fund (BGH), Pangaea Logistics Solutions Ltd. (PANL) are the highest payout ratio stocks on this list.
We have gathered 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. Redwood Trust (RWT)
800% Payout Ratio
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
Earnings Per Share
As for profitability, Redwood Trust has a trailing twelve months EPS of $0.08.
PE Ratio
Redwood Trust has a trailing twelve months price to earnings ratio of 80.62. Meaning, the purchaser of the share is investing $80.62 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 1.98%.
Sales Growth
Redwood Trust’s sales growth is 11.5% for the ongoing quarter and negative 4.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 59.8%, now sitting on 186.2M for the twelve trailing months.
2. Babson Capital Global Short Duration High Yield Fund (BGH)
88.62% Payout Ratio
Babson Capital Global Short Duration High Yield Fund is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund is co-managed by Babson Capital Global Advisors Limited. It invests in fixed income markets across the globe. The fund primarily invests in global high-yield bonds, loans, and other income-producing instruments that are, at the time of purchase, rated below Baa3 by Moody's Investors Service, Inc. or below BBB- by Standard & Poor's Rating Services. It seeks to invest in securities with a weighted average portfolio duration of three years or less. The fund employs bottom-up fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America/Merrill Lynch Global Non-Financial High Yield Constrained Index. The fund was formerly known as Babson Capital Global Short Duration High Yield Fund. Babson Capital Global Short Duration High Yield Fund was formed on October 25, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Babson Capital Global Short Duration High Yield Fund has a trailing twelve months EPS of $2.37.
PE Ratio
Babson Capital Global Short Duration High Yield Fund has a trailing twelve months price to earnings ratio of 6.1. Meaning, the purchaser of the share is investing $6.1 for every dollar of annual earnings.
Sales Growth
Babson Capital Global Short Duration High Yield Fund’s sales growth is 5.4% for the ongoing quarter and negative 3.3% for the next.
Moving Average
Babson Capital Global Short Duration High Yield Fund’s worth is higher than its 50-day moving average of $14.26 and higher than its 200-day moving average of $13.63.
Yearly Top and Bottom Value
Babson Capital Global Short Duration High Yield Fund’s stock is valued at $14.45 at 02:23 EST, below its 52-week high of $14.67 and way higher than its 52-week low of $11.92.
3. Pangaea Logistics Solutions Ltd. (PANL)
53.33% Payout Ratio
Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.
Earnings Per Share
As for profitability, Pangaea Logistics Solutions Ltd. has a trailing twelve months EPS of $0.75.
PE Ratio
Pangaea Logistics Solutions Ltd. has a trailing twelve months price to earnings ratio of 10.08. Meaning, the purchaser of the share is investing $10.08 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 10.31%.
Volume
Today’s last reported volume for Pangaea Logistics Solutions Ltd. is 167482 which is 13.01% below its average volume of 192540.
4. First Merchants Corporation (FRME)
39.31% Payout Ratio
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Earnings Per Share
As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.46.
PE Ratio
First Merchants Corporation has a trailing twelve months price to earnings ratio of 9.17. Meaning, the purchaser of the share is investing $9.17 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 9.55%.
Sales Growth
First Merchants Corporation’s sales growth for the current quarter is negative 7.3%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 7, 2024, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 4.42%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 20.6% and a negative 11.6%, respectively.
Volume
Today’s last reported volume for First Merchants Corporation is 284068 which is 27.21% above its average volume of 223298.
5. Lear Corporation (LEA)
33.59% Payout Ratio
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, South America, and internationally. Its Seating segment offers leather and fabric products, seat covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles. The company's E-Systems segment offers electrical distribution systems that route electrical signals and networks, and manage electrical power within the vehicle for various powertrains, such as traditional internal combustion engine architectures, hybrid, plug-in hybrid, and battery electric architectures. This segment's products comprise wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway modules, wireless receiver and transmitter technology, lighting control modules, audio domain controllers, amplifiers, and communication modules. It also provides electrification products comprising charging systems that include onboard charging modules and cord set charging equipment; battery electronics, which comprise battery disconnect units, cell monitoring supervisory systems, and integrated total battery control modules; and other power management modules, including converter and inverter systems. In addition, this segment offers cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; roadside modules that communicate real-time traffic information; and cellular protocols for vehicle connectivity, as well as Xevo Journeyware, a platform for the cloud, vehicles, and mobile devices; and connectivity products. The company was founded in 1917 and is headquartered in Southfield, Michigan.
Earnings Per Share
As for profitability, Lear Corporation has a trailing twelve months EPS of $9.17.
PE Ratio
Lear Corporation has a trailing twelve months price to earnings ratio of 12.55. Meaning, the purchaser of the share is investing $12.55 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 12.17%.
Volume
Today’s last reported volume for Lear Corporation is 296356 which is 61.32% below its average volume of 766222.
Yearly Top and Bottom Value
Lear Corporation’s stock is valued at $115.07 at 02:23 EST, way below its 52-week high of $157.91 and higher than its 52-week low of $112.55.
Moving Average
Lear Corporation’s worth is below its 50-day moving average of $124.18 and way below its 200-day moving average of $132.73.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
