(VIANEWS) – BlackRock TCP Capital Corp. (TCPC), MFS Charter Income Trust (MCR), Blackrock MuniYield Fund (MYD) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio so far. 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 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. BlackRock TCP Capital Corp. (TCPC)
377.78% 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 $0.36.
PE Ratio
BlackRock TCP Capital Corp. has a trailing twelve months price to earnings ratio of 29.97. Meaning, the purchaser of the share is investing $29.97 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 2.44%.
Sales Growth
BlackRock TCP Capital Corp.’s sales growth is 28.2% for the current quarter and 29.8% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 12.6%.
Volume
Today’s last reported volume for BlackRock TCP Capital Corp. is 215564 which is 40.28% below its average volume of 360967.
2. MFS Charter Income Trust (MCR)
142.27% Payout Ratio
MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S. or foreign issuers, or debt instruments of issuers located in emerging market countries. The fund employs a combination of fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmarks the performance of its portfolio against a combination of the Barclays U.S. High-Yield Corporate Bond 2% Issuer Capped Index, MFS Charter Income Trust Blended Index, Barclays U.S. Credit Bond Index, Barclays U.S. Government/Mortgage Bond Index, Citigroup World Government Bond Non-Dollar Hedged Index, and JPMorgan Emerging Markets Bond Index Global. MFS Charter Income Trust was formed on July 20, 1989 and is domiciled in the United States.
Earnings Per Share
As for profitability, MFS Charter Income Trust has a trailing twelve months EPS of $0.38.
PE Ratio
MFS Charter Income Trust has a trailing twelve months price to earnings ratio of 16.53. Meaning, the purchaser of the share is investing $16.53 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 5.64%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 22.06M for the twelve trailing months.
Yearly Top and Bottom Value
MFS Charter Income Trust’s stock is valued at $6.28 at 02:23 EST, below its 52-week high of $6.70 and way higher than its 52-week low of $5.63.
Volume
Today’s last reported volume for MFS Charter Income Trust is 53834 which is 8.47% below its average volume of 58821.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 16, 2024, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 8.59%.
3. Blackrock MuniYield Fund (MYD)
124.62% Payout Ratio
BlackRock MuniYield Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes. BlackRock MuniYield Fund, Inc. was formed on November 29, 1991 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniYield Fund has a trailing twelve months EPS of $0.39.
PE Ratio
Blackrock MuniYield Fund has a trailing twelve months price to earnings ratio of 27.83. Meaning, the purchaser of the share is investing $27.83 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 0.63 and the estimated forward annual dividend yield is 5.83%.
Volume
Today’s last reported volume for Blackrock MuniYield Fund is 116457 which is 17.04% below its average volume of 140381.
Moving Average
Blackrock MuniYield Fund ‘s value is above its 50-day moving average of $10.78 and above its 200-day moving average of $10.51.
4. Vector Group Ltd. (VGR)
68.97% Payout Ratio
Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company also engages in real estate investment business, operates apartment buildings, hotels, and commercial real estate ventures. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is headquartered in Miami, Florida.
Earnings Per Share
As for profitability, Vector Group Ltd. has a trailing twelve months EPS of $1.16.
PE Ratio
Vector Group Ltd. has a trailing twelve months price to earnings ratio of 10.62. Meaning, the purchaser of the share is investing $10.62 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 5, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 6.58%.
Yearly Top and Bottom Value
Vector Group Ltd.’s stock is valued at $12.32 at 02:23 EST, under its 52-week high of $13.32 and way higher than its 52-week low of $9.28.
Sales Growth
Vector Group Ltd.’s sales growth for the next quarter is 51.6%.
5. Mid Penn Bancorp (MPB)
34.63% Payout Ratio
Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and IRAs. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and wealth management services. As of December 31, 2020, it operated thirty-six full service retail banking locations in Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Millersburg, Pennsylvania.
Earnings Per Share
As for profitability, Mid Penn Bancorp has a trailing twelve months EPS of $2.31.
PE Ratio
Mid Penn Bancorp has a trailing twelve months price to earnings ratio of 12.25. Meaning, the purchaser of the share is investing $12.25 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 8.33%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 168.92M for the twelve trailing months.
6. Molson Coors Brewing Company (TAP)
33.33% Payout Ratio
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Five Trail, Hop Valley brands, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.
Earnings Per Share
As for profitability, Molson Coors Brewing Company has a trailing twelve months EPS of $5.01.
PE Ratio
Molson Coors Brewing Company has a trailing twelve months price to earnings ratio of 10.56. Meaning, the purchaser of the share is investing $10.56 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 8.32%.
Volume
Today’s last reported volume for Molson Coors Brewing Company is 1290160 which is 43.2% below its average volume of 2271790.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 5.6% and a negative 6.8%, 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%.
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).
Dividend Yield
As maintained 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%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
