(VIANEWS) – Ares Dynamic Credit Allocation Fund (ARDC), TORM plc (TRMD), Sandy Spring Bancorp (SASR) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio so far. 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 distribute 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. Ares Dynamic Credit Allocation Fund (ARDC)
96.95% Payout Ratio
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Ares Dynamic Credit Allocation Fund has a trailing twelve months EPS of $2.32.
PE Ratio
Ares Dynamic Credit Allocation Fund has a trailing twelve months price to earnings ratio of 6.61. Meaning, the purchaser of the share is investing $6.61 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 1.41 and the estimated forward annual dividend yield is 11.64%.
Yearly Top and Bottom Value
Ares Dynamic Credit Allocation Fund’s stock is valued at $15.34 at 02:23 EST, under its 52-week high of $15.49 and way above its 52-week low of $11.83.
Volume
Today’s last reported volume for Ares Dynamic Credit Allocation Fund is 51011 which is 43.92% below its average volume of 90963.
2. TORM plc (TRMD)
74.52% 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 $7.81.
PE Ratio
TORM plc has a trailing twelve months price to earnings ratio of 3.84. Meaning, the purchaser of the share is investing $3.84 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 39.46%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.9%, now sitting on 1.63B for the twelve trailing months.
Volume
Today’s last reported volume for TORM plc is 1394190 which is 79.47% above its average volume of 776807.
Moving Average
TORM plc’s worth is way under its 50-day moving average of $35.02 and way below its 200-day moving average of $35.31.
3. Sandy Spring Bancorp (SASR)
68% Payout Ratio
Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities, such as commercial, personal, and medical liability lines. The Investment Management segment offers investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. It also provides personal trust and wealth management services. The company operates a network of approximately 50 locations in Maryland, Northern Virginia, and Washington D.C. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.
Earnings Per Share
As for profitability, Sandy Spring Bancorp has a trailing twelve months EPS of $2.
PE Ratio
Sandy Spring Bancorp has a trailing twelve months price to earnings ratio of 15.57. Meaning, the purchaser of the share is investing $15.57 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 5.74%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.6%, now sitting on 395.98M for the twelve trailing months.
Sales Growth
Sandy Spring Bancorp’s sales growth is 9.4% for the present quarter and negative 2.7% for the next.
Previous days news about Sandy Spring Bancorp (SASR)
- Sandy spring bancorp (sasr) Q3 earnings and revenues lag estimates. According to Zacks on Monday, 21 October, "While Sandy Spring Bancorp has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
4. Simulations Plus (SLP)
50% Payout Ratio
Simulations Plus, Inc. develops drug discovery and development software for mechanistic modeling and simulation, and prediction of properties of molecules utilizing artificial-intelligence- and machine-learning-based technology worldwide. The company offers GastroPlus, which simulates the absorption, pharmacokinetics (PK), pharmacodynamics, and drug-drug interactions of compounds administered to humans and animals; DDDPlus that simulates in vitro laboratory experiments; and MembranePlus, which simulates laboratory experiments. It also provides PKPlus, a program that provides the functionality needed by pharmaceutical industry scientists to perform the analyses and generate the outputs needed to satisfy regulatory agency requirements for noncompartmental analysis and compartmental PK modelling; ADMET Predictor, a chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, a molecule drawing program or sketcher. In addition, it offers KIWI, a cloud-based web application to organize, process, maintain, and communicate the volume of data and results generated by pharmacologists and scientists over the duration of a drug development program; DILIsym, a quantitative systems pharmacology software; NAFLDsym, a simulation program for analyzing nonalcoholic fatty liver disease; RENAsym for investigating and predicting drug-induced or acute kidney injury; IPFsym, a software tool to treat or cure idiopathic pulmonary fibrosis; and the Monolix Suite, a solution for modeling and simulation. Further, the company provides population modeling and simulation contract research services; and clinical-pharmacology-based consulting services in support of regulatory submissions. It serves pharmaceutical, biotechnology, agrochemical, cosmetics, and food companies, as well as academic and regulatory agencies. The company was founded in 1996 and is headquartered in Lancaster, California.
Earnings Per Share
As for profitability, Simulations Plus has a trailing twelve months EPS of $0.48.
PE Ratio
Simulations Plus has a trailing twelve months price to earnings ratio of 62.15. Meaning, the purchaser of the share is investing $62.15 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 5.51%.
Yearly Top and Bottom Value
Simulations Plus’s stock is valued at $29.83 at 02:23 EST, way below its 52-week high of $51.22 and above its 52-week low of $29.37.
5. Old Point Financial Corporation (OPOF)
39.72% Payout Ratio
Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. It also provides real estate construction, commercial, and mortgage loans, such as residential 1-4 family mortgages, multi-family and second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company offers retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products and wealth management services. It operates 14 branches in the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County; a loan production office in Richmond, Virginia; and a mortgage loan origination office in Charlotte, North Carolina. The company was founded in 1922 and is headquartered in Hampton, Virginia.
Earnings Per Share
As for profitability, Old Point Financial Corporation has a trailing twelve months EPS of $1.41.
PE Ratio
Old Point Financial Corporation has a trailing twelve months price to earnings ratio of 13.61. Meaning, the purchaser of the share is investing $13.61 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 6.67%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.7%, now sitting on 58.41M for the twelve trailing months.
Moving Average
Old Point Financial Corporation’s value is higher than its 50-day moving average of $18.43 and way above its 200-day moving average of $16.67.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 4, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 2.92%.
Volume
Today’s last reported volume for Old Point Financial Corporation is 1 which is 99.97% below its average volume of 3953.
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 current 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.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
