(VIANEWS) – Oaktree Specialty Lending Corporation (OCSL), BlackRock Municipal Target Term Trust (BTT), Lancaster Colony Corporation (LANC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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 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. Oaktree Specialty Lending Corporation (OCSL)
250% Payout Ratio
Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering. The firm also seeks investment in media, advertising sectors, software, IT services, pharmaceuticals, biotechnology, real estate management and development, chemicals, machinery, and internet and direct marketing retail sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies. The firm invest in companies having enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.
Earnings Per Share
As for profitability, Oaktree Specialty Lending Corporation has a trailing twelve months EPS of $0.88.
PE Ratio
Oaktree Specialty Lending Corporation has a trailing twelve months price to earnings ratio of 18.89. Meaning, the purchaser of the share is investing $18.89 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 4.45%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.8%, now sitting on 388.87M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 13.24%.
Volume
Today’s last reported volume for Oaktree Specialty Lending Corporation is 512662 which is 30.33% below its average volume of 735946.
2. 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 37.75. Meaning, the purchaser of the share is investing $37.75 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%.
3. Lancaster Colony Corporation (LANC)
61.63% Payout Ratio
Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces, and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.
Earnings Per Share
As for profitability, Lancaster Colony Corporation has a trailing twelve months EPS of $5.76.
PE Ratio
Lancaster Colony Corporation has a trailing twelve months price to earnings ratio of 29.65. Meaning, the purchaser of the share is investing $29.65 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 17.74%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.2%, now sitting on 1.87B for the twelve trailing months.
4. Allegiant Travel Company (ALGT)
57.51% Payout Ratio
Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 14, 2022, it operated a fleet of 110 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Allegiant Travel Company has a trailing twelve months EPS of $-0.87.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -1.05%.
Moving Average
Allegiant Travel Company’s worth is below its 50-day moving average of $46.55 and way under its 200-day moving average of $62.88.
5. Pimco New York Municipal Income Fund II (PNI)
51.3% Payout Ratio
PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax. It also invests in New York variable rate notes, New York variable rate demand notes, and U.S. treasury bills. The fund employs proprietary analytical models to make its investments. PIMCO New York Municipal Income Fund II was formed on March 29, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco New York Municipal Income Fund II has a trailing twelve months EPS of $0.69.
PE Ratio
Pimco New York Municipal Income Fund II has a trailing twelve months price to earnings ratio of 10.94. Meaning, the purchaser of the share is investing $10.94 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 7.38%.
Volume
Today’s last reported volume for Pimco New York Municipal Income Fund II is 10316 which is 68.06% below its average volume of 32303.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 12, 2024, the estimated forward annual dividend rate is 0.35 and the estimated forward annual dividend yield is 4.69%.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
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).
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
