(VIANEWS) – TPG Specialty Lending (TSLX), Mesa Royalty Trust (MTR), Assurant (AIZ) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee 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. TPG Specialty Lending (TSLX)
122.82% Payout Ratio
Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.
Earnings Per Share
As for profitability, TPG Specialty Lending has a trailing twelve months EPS of $1.49.
PE Ratio
TPG Specialty Lending 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.
Sales Growth
TPG Specialty Lending’s sales growth is 55.9% for the current quarter and 32.9% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 1.87 and the estimated forward annual dividend yield is 10.51%.
2. Mesa Royalty Trust (MTR)
96.51% Payout Ratio
Mesa Royalty Trust owns net overriding royalty interests in various oil and gas producing properties in the United States. It has interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of New Mexico and Colorado. The company was founded in 1979 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Mesa Royalty Trust has a trailing twelve months EPS of $1.95.
PE Ratio
Mesa Royalty Trust has a trailing twelve months price to earnings ratio of 12.05. Meaning, the purchaser of the share is investing $12.05 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 141.97%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 318.4%, now sitting on 4.14M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 2.09 and the estimated forward annual dividend yield is 10.02%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Mesa Royalty Trust’s EBITDA is 36.75.
3. Assurant (AIZ)
61.06% Payout Ratio
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed. The Global Lifestyle segment provides mobile device protection products and services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection and related services; and credit and other insurance services. The Global Housing segment offers lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other specialty products. The Global Preneed segment provides pre-funded funeral insurance, final need insurance, and related services. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Assurant has a trailing twelve months EPS of $4.48.
PE Ratio
Assurant has a trailing twelve months price to earnings ratio of 29.42. Meaning, the purchaser of the share is investing $29.42 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 5.12%.
Yearly Top and Bottom Value
Assurant’s stock is valued at $131.79 at 20:23 EST, way under its 52-week high of $186.36 and way higher than its 52-week low of $104.49.
Sales Growth
Assurant’s sales growth is 5.7% for the present quarter and 1.8% for the next.
Previous days news about Assurant (AIZ)
- According to Zacks on Tuesday, 23 May, "Another Finance stock, which has outperformed the sector so far this year, is Assurant (AIZ Quick QuoteAIZ – Free Report) . ", "Enact Holdings, Inc. and Assurant could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks."
- According to Zacks on Wednesday, 24 May, "Atlanta-based Assurant is a global provider of business services that support and protect consumer purchases. ", "Under Global Lifestyle, Assurant offers mobile device solutions, extended service plans and insurance products for consumer electronics, appliances and vehicles."
4. International Paper Company (IP)
40.84% Payout Ratio
International Paper Company produces renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through Industrial Packaging and Global Cellulose Fibers segment. The company's Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. Its Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings applications. In addition, it sells its products directly to end users and converters, as well as through agents, resellers, and distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
Earnings Per Share
As for profitability, International Paper Company has a trailing twelve months EPS of $4.53.
PE Ratio
International Paper Company has a trailing twelve months price to earnings ratio of 6.97. Meaning, the purchaser of the share is investing $6.97 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 19.05%.
5. Bank of Marin Bancorp (BMRC)
34.74% Payout Ratio
Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, professionals, not-for-profit organizations, and individuals in California, the United States. It offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry and insured cash sweep services. The company also provides commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, it offers merchant and payroll, and cash management services; credit cards; fraud detection tools; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, the company provides wealth management and trust services comprising customized investment portfolio management, financial planning, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and digital banking services. It operates through 12 branch offices in Marin, southern Sonoma counties, and north of San Francisco, California; and a loan production office in San Francisco. The company was incorporated in 1989 and is headquartered in Novato, California.
Earnings Per Share
As for profitability, Bank of Marin Bancorp has a trailing twelve months EPS of $3.
PE Ratio
Bank of Marin Bancorp has a trailing twelve months price to earnings ratio of 5.83. Meaning, the purchaser of the share is investing $5.83 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 10.71%.
Moving Average
Bank of Marin Bancorp’s value is way below its 50-day moving average of $19.60 and way below its 200-day moving average of $28.91.
Yearly Top and Bottom Value
Bank of Marin Bancorp’s stock is valued at $17.50 at 20:23 EST, way under its 52-week high of $36.78 and way above its 52-week low of $12.89.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 3, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 5.83%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.7%, now sitting on 137.78M for the twelve trailing months.
6. IDEX Corporation (IEX)
31.09% Payout Ratio
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment designs, produces, and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems, pneumatic components and sealing solutions, high performance molded and extruded sealing components, custom mechanical and shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantables, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, precision photonic solutions, and precision gear and peristaltic pump technologies. This segment serves food and beverage, pharmaceutical and biopharmaceutical, cosmetics, marine, chemical, wastewater and water treatment, life sciences, research, and defense markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. The company was incorporated in 1987 and is headquartered in Northbrook, Illinois.
Earnings Per Share
As for profitability, IDEX Corporation has a trailing twelve months EPS of $7.72.
PE Ratio
IDEX Corporation has a trailing twelve months price to earnings ratio of 25.93. Meaning, the purchaser of the share is investing $25.93 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 19.14%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
IDEX Corporation’s EBITDA is 5.24.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 11, 2023, the estimated forward annual dividend rate is 2.4 and the estimated forward annual dividend yield is 1.15%.
