(VIANEWS) – RLJ Lodging Trust (RLJ), BlackRock Credit Allocation Income Trust (BTZ), Crown Crafts (CRWS) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio so far. 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 issue 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. RLJ Lodging Trust (RLJ)
153.85% Payout Ratio
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio currently consists of 96 hotels with approximately 21,200 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
Earnings Per Share
As for profitability, RLJ Lodging Trust has a trailing twelve months EPS of $0.26.
PE Ratio
RLJ Lodging Trust has a trailing twelve months price to earnings ratio of 35.15. Meaning, the purchaser of the share is investing $35.15 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 2.8%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 30, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 4.38%.
2. BlackRock Credit Allocation Income Trust (BTZ)
94.09% Payout Ratio
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Credit Allocation Income Trust has a trailing twelve months EPS of $1.07.
PE Ratio
BlackRock Credit Allocation Income Trust has a trailing twelve months price to earnings ratio of 10.36. Meaning, the purchaser of the share is investing $10.36 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 9.4%.
Volume
Today’s last reported volume for BlackRock Credit Allocation Income Trust is 194841 which is 24.24% below its average volume of 257212.
3. Crown Crafts (CRWS)
78.05% Payout Ratio
Crown Crafts, Inc., through its subsidiaries, operates in the consumer products industry in the United States and internationally. The company provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; dolls and plush toys; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods. It sells its products primarily to mass merchants, large chain stores, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs and internet-based retailers through a network of sales force and independent commissioned sales representatives. Crown Crafts, Inc. was incorporated in 1957 and is headquartered in Gonzales, Louisiana.
Earnings Per Share
As for profitability, Crown Crafts has a trailing twelve months EPS of $0.41.
PE Ratio
Crown Crafts has a trailing twelve months price to earnings ratio of 11.59. Meaning, the purchaser of the share is investing $11.59 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 8.44%.
Volume
Today’s last reported volume for Crown Crafts is 22148 which is 8.2% above its average volume of 20469.
4. First Guaranty Bancshares (FGBI)
77.11% Payout Ratio
First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 34 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.
Earnings Per Share
As for profitability, First Guaranty Bancshares has a trailing twelve months EPS of $0.83.
PE Ratio
First Guaranty Bancshares has a trailing twelve months price to earnings ratio of 12.36. Meaning, the purchaser of the share is investing $12.36 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 5.1%.
Volume
Today’s last reported volume for First Guaranty Bancshares is 1748 which is 83.89% below its average volume of 10851.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
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).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
