(VIANEWS) – TriplePoint Venture Growth BDC Corp. (TPVG), Cherry Hill Mortgage Investment Corporation (CHMI), John Hancock Premium Dividend Fund (PDT) 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 guarantee 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 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. TriplePoint Venture Growth BDC Corp. (TPVG)
847.06% Payout Ratio
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
Earnings Per Share
As for profitability, TriplePoint Venture Growth BDC Corp. has a trailing twelve months EPS of $-0.32.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -2.74%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 22.7%, now sitting on 123.97M for the twelve trailing months.
Moving Average
TriplePoint Venture Growth BDC Corp.’s value is below its 50-day moving average of $7.59 and way below its 200-day moving average of $9.22.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 35.2% and a negative 25.5%, respectively.
2. Cherry Hill Mortgage Investment Corporation (CHMI)
180% Payout Ratio
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS, Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and residential mortgage-backed securities (RMBS). The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.
Earnings Per Share
As for profitability, Cherry Hill Mortgage Investment Corporation has a trailing twelve months EPS of $-0.56.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -1.97%.
3. John Hancock Premium Dividend Fund (PDT)
96.63% Payout Ratio
John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector. The fund primarily invests in dividend paying preferred stocks and common stocks of companies. It benchmarks the performance of its portfolio against a composite benchmark comprised of 70% Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 30% S&P 500 Utilities Index. The fund was formerly known as John Hancock Patriot Premium Dividend Fund II. John Hancock Premium Dividend Fund was formed on December 21, 1989 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock Premium Dividend Fund has a trailing twelve months EPS of $1.04.
PE Ratio
John Hancock Premium Dividend Fund has a trailing twelve months price to earnings ratio of 13. Meaning, the purchaser of the share is investing $13 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 8.54%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2024, the estimated forward annual dividend rate is 0.99 and the estimated forward annual dividend yield is 7.31%.
Volume
Today’s last reported volume for John Hancock Premium Dividend Fund is 76445 which is 28.7% below its average volume of 107226.
4. Compania Cervecerias Unidas, S.A. (CCU)
61.81% Payout Ratio
CompañÃa CervecerÃas Unidas S.A. operates as a beverage company principally in Chile, Argentina, Uruguay, Paraguay, Colombia, and Bolivia. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores. The company also produces and sells non-alcoholic beverages, including carbonated soft drinks, nectars and juices, sports and energy drinks, and ice tea, as well as mineral, purified, and flavored bottled water, as well as ready-to-mix products with instant powder drinks. In addition, it is involved in the production and distribution of pisco, cocktails, rum, flavored alcoholic beverages, wine, cider, and spirits. The company serves small and medium-sized retail outlets; retail establishments, such as restaurants, hotels, and bars; wholesalers; and supermarket chains. It also exports its products to Europe, Latin America, the United States, Canada, Asia, Oceania, and internationally. The company was founded in 1850 and is based in Santiago, Chile. CompañÃa CervecerÃas Unidas S.A. is a subsidiary of Inversiones y Rentas S.A.
Earnings Per Share
As for profitability, Compania Cervecerias Unidas, S.A. has a trailing twelve months EPS of $0.64.
PE Ratio
Compania Cervecerias Unidas, S.A. has a trailing twelve months price to earnings ratio of 18.23. Meaning, the purchaser of the share is investing $18.23 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 8.34%.
Volume
Today’s last reported volume for Compania Cervecerias Unidas, S.A. is 238684 which is 21% above its average volume of 197247.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.6%, now sitting on 2.53T for the twelve trailing months.
Sales Growth
Compania Cervecerias Unidas, S.A.’s sales growth is negative 3% for the current quarter and 24.2% for the next.
Moving Average
Compania Cervecerias Unidas, S.A.’s worth is higher than its 50-day moving average of $11.02 and below its 200-day moving average of $11.89.
5. Werner Enterprises (WERN)
56.57% Payout Ratio
Werner Enterprises, Inc., together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates a fleet of medium-to-long-haul vans that transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which offers time-sensitive truckload services using driver teams; a regional short-haul fleet that provides truckload van service in the United States; and temperature-controlled fleet, which offers truckload services for temperature-sensitive products using temperature-controlled trailers. This segment provides truckload services to retail distribution centers or manufacturing facilities using dry vans or trailers to transport retail store merchandise, consumer products, food and beverage products, and manufactured products. As of December 31, 2023, it had a fleet of 8,000 trucks, which included 7,740 company-operated, as well as 260 owned and operated by independent contractors; and 30,810 trailers that comprised dry vans, flatbeds, temperature-controlled, and other trailers. The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; and residential and commercial deliveries of large or heavy items using liftgate straight trucks. As of December 31, 2023, this segment operated 35 drayage tractors and 115 delivery trucks. It also sells used trucks and trailers; and trades used trucks to original equipment manufacturers. The company was founded in 1956 and is headquartered in Omaha, Nebraska.
Earnings Per Share
As for profitability, Werner Enterprises has a trailing twelve months EPS of $0.99.
PE Ratio
Werner Enterprises has a trailing twelve months price to earnings ratio of 36.72. Meaning, the purchaser of the share is investing $36.72 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 4.11%.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Sales Growth
1’s sales growth is 1% for the present 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).
Dividend Yield
According to 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%.
