(VIANEWS) - Investcorp Credit Management BDC (ICMB), Amgen (AMGN), Luxfer Holdings PLC (LXFR) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. 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. Investcorp Credit Management BDC (ICMB)
333.33% Payout Ratio
CM Finance Inc., a business development firm, specializes in recapitalization, loan, mezzanine and middle market investments. The fund invests primarily in the United States and Europe. The fund primarily invests in the Midatlantic, Northeast, Southeast and West Coast regions of America. It invests primarily in cables and satellites, consumer services, healthcare equipment and services, industrials and information technology. Funds that have EBITDA greater than $15,000,000 are eligible to be invested in. Fund headquarters are in New York, New York.
Earnings Per Share
As for profitability, Investcorp Credit Management BDC has a trailing twelve months EPS of $0.18.
PE Ratio
Investcorp Credit Management BDC has a trailing twelve months price to earnings ratio of 20.5. Meaning, the purchaser of the share is investing $20.5 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 2.72%.2. Amgen (AMGN)
62.93% Payout Ratio
Amgen Inc. develops and manufactures therapeutics for humans around the world. The company's focus is on the following areas: inflammation, oncology/hematology and bone health. Enbrel is used to treat plaque psoriasis and rheumatoid arthritis. Neulasta reduces the risk of infection in postmenopausal patients. Nplate, Vectibix and MVASI are also sold. Amgen Inc. provides healthcare services to physicians and their clinics as well as dialysis centers, hospitals and pharmacies. The company distributes products via direct-to-consumer and pharmaceutical wholesale distributors. There are collaboration agreements with Novartis Pharma AG, UCB, Bayer HealthCare LLC, BeiGene, Ltd., Eli Lilly and Company, Datos Health, and Verastem, Inc. for the evaluation of VS-6766 with lumakrastm, Sotorasib in non-small-cell lung cancer patients who have been diagnosed with KRAS G12C mutation. Kyowa Kirin Co., Ltd. has agreed to develop and market KHK4083, an anti-OX40 monoclonal antibody that is fully human and ready for use in the treatment of atopic skin diseases. Research and development collaborations with Neumora Therapeutics, Inc., and Plexium, Inc. Amgen Inc., was founded in 1980. Its headquarters are in Thousand Oaks, California.
Earnings Per Share
As for profitability, Amgen has a trailing twelve months EPS of $12.07.
PE Ratio
Amgen has a trailing twelve months price to earnings ratio of 21.48. Meaning, the purchaser of the share is investing $21.48 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 123.31%.Yearly Top and Bottom Value
Amgen's stock is valued at $259.32 at 14:23 EST, above its 52-week high of $258.45.
3. Luxfer Holdings PLC (LXFR)
52.6% Payout Ratio
Luxfer Holdings PLC is a material technology company that designs, manufactures and supplies high performance materials and components. It also produces high-pressure gascylinders and other high-pressure materials for transport, defense, emergency, and healthcare purposes. The company operates in two segments: Gas Cylinders, and Elektron. The Gas Cylinders segment manufactures and markets aluminum, titanium, and carbon composite cylinders, which are used for self-contained breathing apparatus that are used by firefighters and other emergency-responders, as well as scuba divers and personnel in potentially hazardous environments, such as mines; and aluminum and composite cylinders for use in the containment of oxygen and other medical gases that are used by patients, healthcare facilities, and laboratories. The segment offers lightweight aluminum cylinders that can be used in a range of industrial applications such as containment of specialty gases and fire extinguishers, and light aluminum panels for luxury and aerospace. Elektron focuses on special materials made from magnesium, zircon, and other rare earths. The company develops and produces magnesium alloys, magnesium powders, as well as magnesium, copper and zinc photoengraving plates to be used in graphic arts and luxurious packaging. The segment develops and produces zirconium oxides as well as materials that are zirconium-based. These oxides can be used in catalysts or the production of advanced ceramics, fiberoptic fuel cells and other performance products. Luxfer Holdings PLC operates in America, Canada, South America and Latin America. It was established in Manchester in the United Kingdom in 1898.
Earnings Per Share
As for profitability, Luxfer Holdings PLC has a trailing twelve months EPS of $1.
PE Ratio
Luxfer Holdings PLC has a trailing twelve months price to earnings ratio of 15.69. Meaning, the purchaser of the share is investing $15.69 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 13.61%.4. Wausau Pape (WPP)
50.69% Payout Ratio
WPP plc is a company that specializes in creative transformation. It provides communication, experience, commerce and technology services throughout North America, North America and the United Kingdom. It operates in three distinct segments, Global Integrated Agencies (Public Relations), and Specialist Agencies. The company plans, creates, and designs marketing campaigns and advertisements. It also provides media buying services such as business development, content, technology and data, strategy, investment in media, and media and media. It also provides public relations consulting services for clients looking to communicate with various stakeholders, including consumers and governments as well as the financial and business communities. WPP plc was established in London in 1985.
Earnings Per Share
As for profitability, Wausau Pape has a trailing twelve months EPS of $-16.87.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 15.81%.Moving Average
Wausau Pape's value is under its 50-day moving average of $47.46 and way under its 200-day moving average of $61.53.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 8, 2022, the estimated forward annual dividend rate is 2.01 and the estimated forward annual dividend yield is 3.72%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.9%, now sitting on 12.8B for the twelve trailing months.
5. A.O. Smith Corporation (AOS)
33.85% Payout Ratio
A. O. Smith Corporation produces and markets residential and business gas and electric water heaters. The company operates in two regions: North America and Rest of World. Water heaters are available for residential, commercial, hotel, motel, restaurant, offices, small businesses, laundry, car wash, and vehicle washes. The company also offers food and beverage filter products, expansion tanks, commercial-scale solar water heating systems and swimming pool heaters and other related products. Its products are available mainly under the A. O. Smith and State brands. Distributed products are distributed by independent wholesale plumber distributors as well through retailers consisting of hardware and retail chains and manufacturer representative firms. Aquasana products can also be purchased directly from consumers via e-commerce and other online retailers. It was established in Milwaukee, Wisconsin in 1874.
Earnings Per Share
As for profitability, A.O. Smith Corporation has a trailing twelve months EPS of $3.25.
PE Ratio
A.O. Smith Corporation has a trailing twelve months price to earnings ratio of 15.09. Meaning, the purchaser of the share is investing $15.09 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 28.66%.Revenue Growth
Year-on-year quarterly revenue growth grew by 12.3%, now sitting on 3.85B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 27, 2022, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 2.29%.