(VIANEWS) – NL Industries (NL), Babson Capital Global Short Duration High Yield Fund (BGH), Glen Burnie Bancorp (GLBZ) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio so far. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. NL Industries (NL)
164.71% Payout Ratio
NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks and other locking mechanisms, including disc tumbler locks; pin tumbler locking mechanisms under KeSet, System 64, TuBar, and Turbine brands; and electronic locks under CompX eLock and StealthLock brands for use in various applications, such as mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, vending and cash containment machines. It also offers original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement devices, trim tabs, steering wheels, and other billet aluminum accessories; dash panels, LED indicators, wire harnesses, and other accessories; and grab handles, pin cleats, and other accessories; primarily for performance and ski/wakeboard and performance boats. The company sells its component products directly to original equipment manufacturers, as well as through distributors. NL Industries, Inc. was founded in 1891 and is based in Dallas, Texas. NL Industries, Inc. is a subsidiary of Valhi, Inc.
Earnings Per Share
As for profitability, NL Industries has a trailing twelve months EPS of $-0.05.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.15%.
2. Babson Capital Global Short Duration High Yield Fund (BGH)
88.62% Payout Ratio
Babson Capital Global Short Duration High Yield Fund is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund is co-managed by Babson Capital Global Advisors Limited. It invests in fixed income markets across the globe. The fund primarily invests in global high-yield bonds, loans, and other income-producing instruments that are, at the time of purchase, rated below Baa3 by Moody's Investors Service, Inc. or below BBB- by Standard & Poor's Rating Services. It seeks to invest in securities with a weighted average portfolio duration of three years or less. The fund employs bottom-up fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America/Merrill Lynch Global Non-Financial High Yield Constrained Index. The fund was formerly known as Babson Capital Global Short Duration High Yield Fund. Babson Capital Global Short Duration High Yield Fund was formed on October 25, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Babson Capital Global Short Duration High Yield Fund has a trailing twelve months EPS of $1.43.
PE Ratio
Babson Capital Global Short Duration High Yield Fund has a trailing twelve months price to earnings ratio of 10.01. Meaning, the purchaser of the share is investing $10.01 for every dollar of annual earnings.
Sales Growth
Babson Capital Global Short Duration High Yield Fund’s sales growth is 5.4% for the ongoing quarter and negative 3.3% for the next.
Yearly Top and Bottom Value
Babson Capital Global Short Duration High Yield Fund’s stock is valued at $14.31 at 20:23 EST, below its 52-week high of $14.50 and way higher than its 52-week low of $11.92.
3. Glen Burnie Bancorp (GLBZ)
80% Payout Ratio
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, and IRA and SEP accounts, as well as certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer installment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers ancillary products and services comprising safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, and automated teller machine (ATM) services, as well as electronic banking services that include telephone banking, online banking, bill pay, card control, mobile app, merchant source capture, mobile deposit capture, Zelle, etc. Further, it provides treasury services, including wire transfer and ACH services, and debit cards. Additionally, the company engages in the business of acquiring, holding, and disposing of real property. It serves customers in northern Anne Arundel county and surrounding areas from its main office and branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company also has a remote ATM located in Pasadena, Maryland. Glen Burnie Bancorp was founded in 1949 and is based in Glen Burnie, Maryland.
Earnings Per Share
As for profitability, Glen Burnie Bancorp has a trailing twelve months EPS of $0.49.
PE Ratio
Glen Burnie Bancorp has a trailing twelve months price to earnings ratio of 13.06. Meaning, the purchaser of the share is investing $13.06 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 8.08%.
Volume
Today’s last reported volume for Glen Burnie Bancorp is 1512 which is 74.45% below its average volume of 5918.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 19, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 6.09%.
4. BlackRock (BLK)
54.78% Payout Ratio
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
Earnings Per Share
As for profitability, BlackRock has a trailing twelve months EPS of $36.55.
PE Ratio
BlackRock has a trailing twelve months price to earnings ratio of 22.57. Meaning, the purchaser of the share is investing $22.57 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 14.19%.
Moving Average
BlackRock’s value is higher than its 50-day moving average of $799.25 and way above its 200-day moving average of $719.45.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 6, 2024, the estimated forward annual dividend rate is 20.4 and the estimated forward annual dividend yield is 2.44%.
Sales Growth
BlackRock’s sales growth is 9.7% for the current quarter and 7.7% for the next.
Previous days news about BlackRock (BLK)
- According to Zacks on Wednesday, 20 March, "This development attracted a substantial number of crypto investors, significantly benefiting funds from major firms like BlackRock Inc. and Fidelity Investments (read: Spot Bitcoin ETFs Smash Records With $1B Inflows).", "BlackRock iShares Bitcoin Trust (IBIT Quick QuoteIBIT – Free Report) BlackRock iShares Bitcoin Trust raked in $7.1 billion in capital in the first two months of 2024. "
- BlackRock (blk) files to launch tokenized fund with securitize. According to Zacks on Wednesday, 20 March, "As part of its efforts to further expand its foray into digital assets, BlackRock, Inc. (BLK Quick QuoteBLK – Free Report) has filed with the Securities and Exchange Commission ("SEC") to offer a tokenized private equity fund - BlackRock USD Institutional Digital Liquidity Fund Ltd. "
5. Royce Micro (RMT)
49.66% Payout Ratio
Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million. The fund benchmarks the performance of its portfolios against Russell 2000 Index. Royce Micro-Cap Trust, Inc was formed on December 14, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Royce Micro has a trailing twelve months EPS of $1.49.
PE Ratio
Royce Micro has a trailing twelve months price to earnings ratio of 6.05. Meaning, the purchaser of the share is investing $6.05 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 14.78%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10%, now sitting on 8.26M for the twelve trailing months.
Yearly Top and Bottom Value
Royce Micro’s stock is valued at $9.02 at 20:23 EST, below its 52-week high of $9.51 and way higher than its 52-week low of $7.67.
6. Sierra Bancorp (BSRR)
38.98% Payout Ratio
Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. Its loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. The company also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. As of December 31, 2021, it operated 35 full-service branches, an online branch, a loan production office, an agricultural credit center, and an SBA center. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.
Earnings Per Share
As for profitability, Sierra Bancorp has a trailing twelve months EPS of $2.36.
PE Ratio
Sierra Bancorp has a trailing twelve months price to earnings ratio of 8.09. Meaning, the purchaser of the share is investing $8.09 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 10.86%.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
