(VIANEWS) – BlackRock TCP Capital Corp. (TCPC), Comcast Corporation (CMCSA), Northern Trust (NTRS) 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 issue 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. BlackRock TCP Capital Corp. (TCPC)
123.71% Payout Ratio
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million. It prefers to make equity investments in companies for an ownership stake.
Earnings Per Share
As for profitability, BlackRock TCP Capital Corp. has a trailing twelve months EPS of $1.23.
PE Ratio
BlackRock TCP Capital Corp. has a trailing twelve months price to earnings ratio of 10.45. Meaning, the purchaser of the share is investing $10.45 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 6.86%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 14, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 10.18%.
2. Comcast Corporation (CMCSA)
89.26% Payout Ratio
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment provides broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services. The Media segment operates NBCUniversal's television and streaming platforms, including national, regional, and international cable networks; the NBC and Telemundo broadcast networks; and Peacock, a direct-to-consumer streaming service. The Studios segment operates NBCUniversal's film and television studio production and distribution operations. The Theme Parks segment consists of Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The Sky segment offers direct-to-consumer services, such as video, broadband, voice and wireless phone services, and content business operates entertainment networks, the Sky News broadcast network, and Sky Sports networks. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and provides streaming service, such as Peacock. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Comcast Corporation has a trailing twelve months EPS of $2.53.
PE Ratio
Comcast Corporation has a trailing twelve months price to earnings ratio of 14.68. Meaning, the purchaser of the share is investing $14.68 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 5.47%.
Yearly Top and Bottom Value
Comcast Corporation’s stock is valued at $37.13 at 01:23 EST, way under its 52-week high of $48.42 and way above its 52-week low of $28.39.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 4.7% and a negative 5%, respectively.
Volume
Today’s last reported volume for Comcast Corporation is 7391220 which is 65.99% below its average volume of 21734500.
3. Northern Trust (NTRS)
47.23% Payout Ratio
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Northern Trust has a trailing twelve months EPS of $5.61.
PE Ratio
Northern Trust has a trailing twelve months price to earnings ratio of 16.63. Meaning, the purchaser of the share is investing $16.63 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 11.48%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.06%.
Yearly Top and Bottom Value
Northern Trust’s stock is valued at $93.26 at 01:23 EST, way below its 52-week high of $121.25 and way higher than its 52-week low of $76.15.
Volume
Today’s last reported volume for Northern Trust is 333118 which is 66.86% below its average volume of 1005310.
4. AptarGroup (ATR)
42.7% Payout Ratio
AptarGroup, Inc. provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Pharma, Beauty + Home, and Food + Beverage. The Pharma segment provides pumps for nasal allergy treatments; and metered dose inhaler valves for respiratory ailments, such as asthma and chronic obstructive pulmonary diseases in pharmaceutical market; elastomer for injectable primary packaging components; and active packaging products. The Beauty + Home segment primarily sells pumps, closures, aerosol valves, accessories, and sealing solutions to the personal care and home care markets; and pumps and decorative components to the beauty market. The Food + Beverage segment offers dispensing and non-dispensing closures, elastomeric flow control components, spray pumps, and aerosol valves to the food and beverage markets. The company sells its products through own sales force, as well as independent representatives and distributors in Asia, Europe, Latin America, and North America. AptarGroup, Inc. has a strategic partnership with PureCycle Technologies LLC to develop ultra-pure recycled polypropylene into dispensing applications; and a collaboration with Sonmol for developing a digital therapies and services platform targeting respiratory and other diseases. The company was incorporated in 1992 and is headquartered in Crystal Lake, Illinois.
Earnings Per Share
As for profitability, AptarGroup has a trailing twelve months EPS of $3.61.
PE Ratio
AptarGroup has a trailing twelve months price to earnings ratio of 32.29. Meaning, the purchaser of the share is investing $32.29 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 12.24%.
5. UPS (UPS)
40.8% Payout Ratio
United Parcel Service, Inc. provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services in Europe, the Asia Pacific, Canada and Latin America, the Indian sub-continent, the Middle East, and Africa. This segment offers guaranteed time-definite express options. The company also provides international air and ocean freight forwarding, customs brokerage, distribution and post-sales, and mail and consulting services in approximately 200 countries and territories. In addition, it offers truckload brokerage services; supply chain solutions to the healthcare and life sciences industry; shipping, visibility, and billing technologies; and financial and insurance services. The company operates a fleet of approximately 121,000 package cars, vans, tractors, and motorcycles; and owns 59,000 containers that are used to transport cargo in its aircraft. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, UPS has a trailing twelve months EPS of $5.92.
PE Ratio
UPS has a trailing twelve months price to earnings ratio of 30.42. Meaning, the purchaser of the share is investing $30.42 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 80.59%.
Sales Growth
UPS’s sales growth is 5.3% for the present quarter and 3% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 6.08 and the estimated forward annual dividend yield is 3.12%.
6. Chevron (CVX)
31.07% Payout Ratio
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Earnings Per Share
As for profitability, Chevron has a trailing twelve months EPS of $-4.12.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.77%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 10.4% and a drop 33.2% for the next.
Previous days news about Chevron (CVX)
- Williams (wmb) & Chevron collaborate to boost gas production. According to Zacks on Wednesday, 22 February, "The partnership between Chevron and Williams is a significant step toward achieving their shared goal of delivering affordable, reliable, and cleaner energy.", "In turn, Chevron has made a long-term capacity commitment on Williams’ Louisiana Energy Gateway ("LEG") project. "
- According to Zacks on Thursday, 23 February, "Whatever the case be, a small stake selling in Chevron and still a heavy weight in Occidental say that the energy ETFs are still in fine fettle.", "Berkshire Hathaway has bet big on the energy companies over the last two years, scooping up loads of Chevron and Occidental Petroleum shares. "
- According to CNBC on Friday, 24 February, "Meanwhile, Chevron remained Berkshire’s third largest equity holding at the end of 2022, behind only Apple and Bank of America."
- According to Zacks on Friday, 24 February, "But in the fourth quarter of 2022, the company sold 1%, or 2.4 million shares, of its Chevron position. ", "Whatever the case be, a small stake selling in Chevron and still a heavy weight in Occidental say that the energy ETFs are still in fine fettle."
