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Carpenter Technology Corporation And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Carpenter Technology Corporation (CRS), Gulf Coast Ultra Deep Royalty Trust (GULTU), The Carlyle Group (CG) are the highest payout ratio stocks on this list.

We have gathered information about stocks with the highest payout ratio as yet. 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 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. Carpenter Technology Corporation (CRS)

190.48% Payout Ratio

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Orla Mining Ltd.

Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Orla Mining Ltd.

Earnings Per Share

As for profitability, Carpenter Technology Corporation has a trailing twelve months EPS of $0.42.

PE Ratio

Carpenter Technology Corporation has a trailing twelve months price to earnings ratio of 139.71. Meaning, the purchaser of the share is investing $139.71 for every dollar of annual earnings.

Yearly Top and Bottom Value

Carpenter Technology Corporation’s stock is valued at $58.68 at 14:23 EST, below its 52-week high of $60.95 and way above its 52-week low of $31.02.

Volume

Today’s last reported volume for Carpenter Technology Corporation is 384063 which is 3.42% below its average volume of 397672.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 585.7% and 438.5%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Carpenter Technology Corporation’s EBITDA is 76.26.

Previous days news about Carpenter Technology Corporation (CRS)

  • According to Zacks on Thursday, 3 August, "Some better-ranked stocks in the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , PPG Industries Inc. (PPG Quick QuotePPG – Free Report) and ATI Inc. (ATI Quick QuoteATI – Free Report) . "
  • According to Zacks on Thursday, 3 August, "Better-ranked stocks worth a look in the basic materials space include Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , PPG Industries, Inc. (PPG Quick QuotePPG – Free Report) and ATI Inc. (ATI Quick QuoteATI – Free Report) ."
  • According to Zacks on Thursday, 3 August, "Better-ranked stocks worth considering in the basic materials space include PPG Industries Inc. (PPG Quick QuotePPG – Free Report) , ATI Inc. (ATI Quick QuoteATI – Free Report) and Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) .PPG, currently carrying a Zacks Rank #2 (Buy), has an expected earnings growth rate of 20.8% for the current fiscal year. "

2. Gulf Coast Ultra Deep Royalty Trust (GULTU)

103.4% Payout Ratio

Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. The company is based in Houston, Texas.

Earnings Per Share

As for profitability, Gulf Coast Ultra Deep Royalty Trust has a trailing twelve months EPS of $0.01.

PE Ratio

Gulf Coast Ultra Deep Royalty Trust has a trailing twelve months price to earnings ratio of 1.2. Meaning, the purchaser of the share is investing $1.2 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 245.69%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 0.01 and the estimated forward annual dividend yield is 53.39%.

Volume

Today’s last reported volume for Gulf Coast Ultra Deep Royalty Trust is 1656030 which is 422.19% above its average volume of 317131.

Moving Average

Gulf Coast Ultra Deep Royalty Trust’s value is way below its 50-day moving average of $0.02 and way under its 200-day moving average of $0.03.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Gulf Coast Ultra Deep Royalty Trust’s EBITDA is 23.1.

3. The Carlyle Group (CG)

63.11% Payout Ratio

The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions. The firm typically invests in industrial, agribusiness, ecological sector, fintech, airports, parking, Plastics, Rubber, diversified natural resources, minerals, farming, aerospace, defense, automotive, consumer, retail, industrial, infrastructure, energy, power, healthcare, software, software enabled services, semiconductors, communications infrastructure, financial technology, utilities, gaming, systems and related supply chain, electronic systems, systems, oil and gas, processing facilities, power generation assets, technology, systems, real estate, financial services, transportation, business services, telecommunications, media, and logistics sectors. Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing, and education. Within aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology, distribution companies. In telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and Internet, and infrastructure. Within real estate, the firm invests in office, hotel, industrial, retail, for sale residential, student housing, hospitality, multifamily residential, homebuilding and building products, and senior living sectors. The firm seeks to make investments in growing business including those with overleveraged balance sheets. The firm seeks to hold its investments for four to six years. In the healthcare sector, it invests in healthcare services, outsourcing services, companies running clinical trials for pharmaceutical companies, managed care, pharmaceuticals, pharmaceutical related services, healthcare IT, medical, products, and devices. It seeks to invest in companies based in Sub-Saharan focusing on Ghana, Kenya, Mozambique, Botswana, Nigeria, Uganda, West Africa, North Africa and South Africa focusing on Tanzania and Zambia; Asia focusing on Pakistan, India, South East Asia, Indonesia, Philippines, Vietnam, Korea, and Japan; Australia; New Zealand; Europe focusing on France, Italy, Denmark, United Kingdom, Germany, Austria, Belgium, Finland, Iceland, Ireland, Netherlands, Norway, Portugal, Spain, Benelux , Sweden, Switzerland, Hungary, Poland, and Russia; Middle East focusing on Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, and UAE; North America focusing on United States which further invest in Southeastern United States, Texas, Boston, San Francisco Bay Area and Pacific Northwest; Asia Pacific; Soviet Union, Central-Eastern Europe, and Israel; Nordic region; and South America focusing on Mexico, Argentina, Brazil, Chile, and Peru. The firm seeks to invest in food, financial, and healthcare industries in Western China. In the real estate sector, the firm seeks to invest in various locations across Europe focusing on France and Central Europe, United States, Asia focusing on China, and Latin America. It typically invests between $1 million and $50 million for venture investments and between $50 million and $2 billion for buyouts in companies with enterprise value of between $31.57 million and $1000 million and sales value of $10 million and $500 million. It seeks to invest in companies with market capitalization greater than $50 million and EBITDA between $5 million to $25 million. It prefers to take a majority or a minority stake. While investing in Japan, it does not invest in companies with more than 1,000 employees and prefers companies' worth between $100 million and $150 million. The firm originates, structures, and acts as lead equity investor in the transactions. The Carlyle Group Inc. was founded in 1987 and is based in Washington, District of Columbia with additional offices in 21 countries across 5 continents (North America, South America, Asia, Australia and Europe).

Earnings Per Share

As for profitability, The Carlyle Group has a trailing twelve months EPS of $2.06.

PE Ratio

The Carlyle Group has a trailing twelve months price to earnings ratio of 15.55. Meaning, the purchaser of the share is investing $15.55 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 12.38%.

Sales Growth

The Carlyle Group’s sales growth is negative 31.3% for the ongoing quarter and negative 40.9% for the next.

Yearly Top and Bottom Value

The Carlyle Group’s stock is valued at $32.03 at 14:23 EST, way below its 52-week high of $39.10 and way higher than its 52-week low of $24.59.

Moving Average

The Carlyle Group’s worth is above its 50-day moving average of $31.10 and higher than its 200-day moving average of $30.77.

Revenue Growth

Year-on-year quarterly revenue growth declined by 45.7%, now sitting on 3.72B for the twelve trailing months.

4. Stepan Company (SCL)

41.57% Payout Ratio

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning and disinfection products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, disinfectants, and lubricating ingredients. Its surfactants are also used in various applications, including emulsifiers for spreading agricultural products; and industrial applications comprising latex systems, plastics, and composites. The Polymers segment provides polyurethane polyols that are used in the manufacture of rigid foam for thermal insulation in the construction industry, as well as a base raw material for coatings, adhesives, sealants, and elastomers (CASE); polyester resins, including liquid and powdered products, which are used in CASE applications; and phthalic anhydride that is used in unsaturated polyester resins, alkyd resins, and plasticizers for applications in construction materials, as well as components of automotive, boating, and other consumer products. The Specialty Products segment offers flavors, emulsifiers, and solubilizers for use in food, flavoring, nutritional supplement, and pharmaceutical applications. Stepan Company was founded in 1932 and is headquartered in Northbrook, Illinois.

Earnings Per Share

As for profitability, Stepan Company has a trailing twelve months EPS of $5.15.

PE Ratio

Stepan Company has a trailing twelve months price to earnings ratio of 18.61. Meaning, the purchaser of the share is investing $18.61 for every dollar of annual earnings.

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