(VIANEWS) - PennantPark Floating Rate Capital Ltd. (PFLT), BCE (BCE), Delek Logistics Partners, L.P. (DKL) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio so far. 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 investigating 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. PennantPark Floating Rate Capital Ltd. (PFLT)
1425% Payout Ratio
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Earnings per Share
PennantPark Floating Rate Capital Ltd.'s trailing twelve-month EPS is $0.08.
PE Ratio
PennantPark Floating Rate Capital Ltd.'s trailing 12-month price-earnings ratio is 146.62. The purchaser of the shares is therefore investing $146.62 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is the measure of profitability relative to shareholders' equity, was 0.68%.Previous days news about PennantPark Floating Rate Capital Ltd. (PFLT)
- Pennantpark floating rate capital ltd. announces public offering of common stock. According to GlobeNewsWire on Monday, 23 January, "MIAMI, Jan. 23, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. "
2. BCE (BCE)
114.33% Payout Ratio
BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity servuces. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.
Earnings per Share
BCE's trailing twelve-month EPS is $2.21.
PE Ratio
BCE's trailing 12-month price-earnings ratio is 21.04. The purchaser of the shares is therefore investing $21.04 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 13.15%.Moving Average
BCE's worth is higher than its 50-day moving average of $45.97 and below its 200-day moving average of $48.79.3. Delek Logistics Partners, L.P. (DKL)
107.16% Payout Ratio
Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products in the United States. It operates in two segments, Pipelines and Transportation, and Wholesale Marketing and Terminalling. The Pipelines and Transportation segment includes pipelines, trucks, and ancillary assets that provide crude oil gathering, crude oil intermediate and finished products transportation, and storage services primarily in support of the Tyler, El Dorado, and Big Spring refineries, as well as offers crude oil and other products transportation services to third parties. This segment operates approximately 900 miles of crude oil gathering system. The Wholesale Marketing and Terminalling segment provides wholesale marketing, transporting, storage, and terminalling services related to refined products to independent third parties. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was founded in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP is a subsidiary of Delek US Holdings, Inc.
Earnings per Share
Delek Logistics Partners L.P.'s trailing 12 month EPS is $3.63.
PE Ratio
Delek Logistics Partners L.P.'s trailing 12 months price-to-earnings ratio is 13.12. The purchaser of the shares is therefore investing $13.12 per dollar in annual earnings.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 22.9% and 25.3%, respectively.4. Invesco Senior Income Trust (VVR)
78.75% Payout Ratio
Invesco Senior Income Trust, a closed-ended fixed income mutual fund that was launched in 2012 by Invesco Ltd. Invesco Advisers Inc., Invesco Asset Management Deutschland GmbH and Invesco Canada Ltd. manage it. It invests in fixed income markets in the United States. The fund invests primarily in interest in floating and variable senior loans at fixed rates to partnerships and corporations. To create its portfolio, the fund uses a combination of fundamental analysis and a top-down stock picking strategy. The fund benchmarks its portfolio's performance against the Credit Suisse Leveraged Loan Index. It was previously known as Invesco Van Kampen Senior Income Trust or Van Kampen Senior Income Trust. Invesco Senior Income Trust was established on June 23, 1998. It is based in the United States.
Earnings Per Share
As for profitability, Invesco Senior Income Trust has a trailing twelve months EPS of $-0.223.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 15.67%.Annual Top and Bottom Value
At 13:23 EST, Invesco Senior Income Trust stock was valued at $3.92. This is way lower than its 52 week high of $4.53 or its 52-week lowest of $3.63.
Moving Average
Invesco Senior Income Trust's value is higher than its moving average 50 days of $3.84, and greater than its moving average 200 days of $3.89.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 13, 2022, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 10.41%.
Revenue growth
The year-on-year revenue growth was 9.2%. 50.5M is now the total for twelve months.
5. AllianzGI Convertible & Income Fund (NCV)
33.33% Payout Ratio
AllianzGI Convertible & Income Fund, a closed-ended fixed income mutual fund that was launched by Allianz Global Investors Fund Management LLC. Allianz Global Investors U.S. LLC co-manages the fund. The fund invests in the fixed income markets in the United States. It invests primarily in non-convertible high yield bonds and convertible securities rated below investment-grade. The fund invests in securities of a wide range of maturity, with an average weighted maturity of between 5 and 10 years. To create its portfolio, the fund combines fundamental analysis and a top-down stock picking strategy. The fund conducts its own research using proprietary models. Formerly known as AGIC Convertible & Income Fund, the fund is now called AllianzGI Convertible & Income Fund. AllianzGI Convertible & Income Fund, which was established on March 31, 2003, is based in the United States.
Earnings per Share
AllianzGI Convertible & Income Fund's trailing 12 months EPS is $1.53.
PE Ratio
AllianzGI Convertible & Income Fund's trailing 12-month price-to-earnings ratio is 2.47. The purchaser of the shares is investing $2.47 per dollar in annual earnings.
Moving Average
The AllianzGI Convertible & Income Fund value is greater than its 50-day average moving average $3.57 or its 200-day average moving average $3.82.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 18, 2023, the estimated forward annual dividend rate is 0.51 and the estimated forward annual dividend yield is 13.49%.
Annual Top and Bottom Value
At 13:23 EST AllianzGI Convertible & Income Fund stock was valued at $3.78. This is way lower than its 52 week high of $5.53, and far higher than its 52 week low of $3.05.
Volume
The current reported AllianzGI Convertible & Income Fund volume is 226543. This is 40.02% lower than its average volume (37771).