(VIANEWS) – BlackRock Municipal Target Term Trust (BTT), Great Elm Capital Corp. (GECC), American Homes 4 Rent (AMH) 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 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. BlackRock Municipal Target Term Trust (BTT)
109.96% Payout Ratio
Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. It was formerly known as BlackRock Municipal Target Term Trust. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Municipal Target Term Trust has a trailing twelve months EPS of $0.57.
PE Ratio
BlackRock Municipal Target Term Trust has a trailing twelve months price to earnings ratio of 37.53. Meaning, the purchaser of the share is investing $37.53 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 1.77%.
Yearly Top and Bottom Value
BlackRock Municipal Target Term Trust’s stock is valued at $21.39 at 14:23 EST, below its 52-week high of $21.64 and way higher than its 52-week low of $18.90.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 84.67M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 15, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 2.6%.
2. Great Elm Capital Corp. (GECC)
102.19% Payout Ratio
Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.
Earnings Per Share
As for profitability, Great Elm Capital Corp. has a trailing twelve months EPS of $1.37.
PE Ratio
Great Elm Capital Corp. has a trailing twelve months price to earnings ratio of 7.23. Meaning, the purchaser of the share is investing $7.23 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 9.31%.
3. American Homes 4 Rent (AMH)
98.97% Payout Ratio
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of June 30, 2020, we owned 53,000 single-family properties in selected submarkets in 22 states.
Earnings Per Share
As for profitability, American Homes 4 Rent has a trailing twelve months EPS of $0.97.
PE Ratio
American Homes 4 Rent has a trailing twelve months price to earnings ratio of 39.76. Meaning, the purchaser of the share is investing $39.76 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 5.45%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 30% and a negative 23.8%, respectively.
Moving Average
American Homes 4 Rent’s value is above its 50-day moving average of $37.00 and higher than its 200-day moving average of $36.09.
4. Solar Capital Ltd. (SLRC)
87.7% Payout Ratio
Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. The fund primarily invests in United States. The fund's investments generally range between $5 million and $100 million. The fund invests in companies with revenues between $50 million and $1 billion and EBITDA between $15 million and $100 million. It invests in the form of senior secured loans, mezzanine loans, and equity securities. It may also seek investments in thinly traded public companies and also make secondary investments. The fund makes non-control equity investments. It primarily exits within three years of the initial capital commitment.
Earnings Per Share
As for profitability, Solar Capital Ltd. has a trailing twelve months EPS of $1.87.
PE Ratio
Solar Capital Ltd. has a trailing twelve months price to earnings ratio of 8.46. Meaning, the purchaser of the share is investing $8.46 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 10.3%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 2.4% and a drop 2.3% for the next.
Sales Growth
Solar Capital Ltd.’s sales growth is negative 2.8% for the ongoing quarter and negative 3.2% for the next.
Volume
Today’s last reported volume for Solar Capital Ltd. is 104659 which is 21.67% below its average volume of 133627.
5. Washington Trust Bancorp (WASH)
83.58% Payout Ratio
Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services for personal and institutional clients. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.
Earnings Per Share
As for profitability, Washington Trust Bancorp has a trailing twelve months EPS of $2.68.
PE Ratio
Washington Trust Bancorp has a trailing twelve months price to earnings ratio of 12.16. Meaning, the purchaser of the share is investing $12.16 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 9.86%.
Moving Average
Washington Trust Bancorp’s value is way above its 50-day moving average of $29.60 and way higher than its 200-day moving average of $27.87.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 1, 2024, the estimated forward annual dividend rate is 2.24 and the estimated forward annual dividend yield is 6.88%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 13.8% and a negative 26.3%, respectively.
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 present quarter and 1% for the next.
Dividend Yield
As claimed by 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
