(VIANEWS) – Chatham Lodging Trust (CLDT), Nordic American Tankers Limited (NAT), Capital Southwest Corporation (CSWC) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio at the moment. 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 issue 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. Chatham Lodging Trust (CLDT)
175% Payout Ratio
Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. At September, 30, 2020, The company owns interests in 86 hotels totaling 12,040 rooms/suites, comprised of 40 properties it wholly owns with an aggregate of 6,092 rooms/suites in 15 states and the District of Columbia and a minority investment in the Innkeepers joint ventures that owns 46 hotels with an aggregate of 5,948 rooms/suites.
Earnings Per Share
As for profitability, Chatham Lodging Trust has a trailing twelve months EPS of $0.04.
PE Ratio
Chatham Lodging Trust has a trailing twelve months price to earnings ratio of 257.75. Meaning, the purchaser of the share is investing $257.75 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 1.21%.
Volume
Today’s last reported volume for Chatham Lodging Trust is 277732 which is 14.27% below its average volume of 323983.
Moving Average
Chatham Lodging Trust’s value is below its 50-day moving average of $10.93 and way under its 200-day moving average of $12.08.
2. Nordic American Tankers Limited (NAT)
157.14% Payout Ratio
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 23 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. Nordic American Tankers Limited was founded in 1995 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.07.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 47.86. Meaning, the purchaser of the share is investing $47.86 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 2.91%.
Volume
Today’s last reported volume for Nordic American Tankers Limited is 1774390 which is 49.4% below its average volume of 3506800.
Yearly Top and Bottom Value
Nordic American Tankers Limited’s stock is valued at $3.35 at 14:23 EST, way below its 52-week high of $4.65 and way higher than its 52-week low of $1.80.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 12, 2023, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 7.08%.
3. Capital Southwest Corporation (CSWC)
148.18% Payout Ratio
Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing. In lower middle market, the firm typically invests in growth financing, bolt-on acquisitions, new platform acquisitions, refinancing, dividend recapitalizations, sponsor-led buyouts, and management buyouts situations. The investment structures are Unitranche debt, subordinated debt, senior debt, first and second lien debt, and preferred and common equity. The firm makes equity co-investments alongside debt investments, up to 20% of total check and only makes non-control investments. It prefers to invest in Industrial manufacturing and services, value-added distribution, healthcare products and services, business services, specialty chemicals, food and beverage, tech-enabled services and SaaS models. The firm seeks to invest in energy services and products, industrial technologies, and specialty chemicals and products. Within energy services and products, the firm seeks to invest in each segment of the industry, including upstream, midstream and downstream, excluding exploration and production with a focus on differentiated products and services, equipment and tool rental, consumable products, and drilling and completion chemicals. Within industrial technologies, it seeks to invest in automation and process controls, handling and packaging equipment, industrial filtration and fluid handling, measurement, monitoring and testing, professional tools, and sensors and instrumentation. Within and specialty chemicals and products, the firm seeks to invest in businesses that develop and manufacture highly differentiated chemicals and products including adhesives, coatings and sealants, catalysts and absorbents, cosmeceuticals, fine chemicals, flavors and fragrances, performance lubricants, polymers, plastics and composites, chemical dispensing and filtration equipment, professional and industrial trade consumables and tools, engineered solutions for HVAC, plumbing, and electrical installations, specified high performance materials for fire protection and oilfield applications. It may also invest in exceptional opportunities in building products. The firm seeks to invest in the United States. The firm seeks to make investments ranging from $5 to $25 million in securities. It seeks to make equity investments up to $5 million and debt investments between $5 million and $20 million and co-invest in transaction size upto $40 million. It prefers to invest in companies with revenues approaching above $10 million, profitable operations, historical growth rate of at least 15 percent per year. . Within the lower middle market, it seeks to invest in with less than $15 million in EBITDA and also opportunistically invests in the upper middle market, generally defined as companies with EBITDA in excess of $50 million. In addition to making direct investments, the firm allocates capital to syndicated first and second lien term loans in the upper middle market. Criteria for Upper Middle Market Syndicated 1st Lien is EBITDA Size more than $30 million, Closing Leverage greater than 4 times, investment hold size between $5 million and $7 million, investment yield greater than 6.5%. Criteria for Upper Middle Market Syndicated 2nd Lien is EBITDA Size more than $50 million, Closing Leverage greater than 6 times, investment hold size between $5 million and $7 million, investment yield greater than 9%. It prefers to take a majority and minority stake. The firm has the flexibility to hold investments for very long period in its portfolio companies. It may also invest through warrants. The firm prefers to take Board participation in its portfolio companies. Capital Southwest Corporation was founded on April 19, 1961 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Capital Southwest Corporation has a trailing twelve months EPS of $1.37.
PE Ratio
Capital Southwest Corporation has a trailing twelve months price to earnings ratio of 13.12. Meaning, the purchaser of the share is investing $13.12 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 7.29%.
4. Caterpillar (CAT)
36.55% Payout Ratio
PE Ratio
Caterpillar has a trailing twelve months price to earnings ratio of 15.57. Meaning, the purchaser of the share is investing $15.57 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 41.37%.
Sales Growth
Caterpillar’s sales growth is 12.3% for the current quarter and 12.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.3%, now sitting on 59.43B for the twelve trailing months.
Moving Average
Caterpillar’s value is under its 50-day moving average of $233.34 and below its 200-day moving average of $213.65.
Previous days news about Caterpillar (CAT)
- According to Zacks on Thursday, 11 May, "Better-ranked stocks in the Industrial Products space include AptarGroup, Inc. (ATR Quick QuoteATR – Free Report) , Caterpillar Inc. (CAT Quick QuoteCAT – Free Report) and Alamo Group Inc. (ALG Quick QuoteALG – Free Report) AptarGroup currently carries a Zacks Rank #1 (Strong Buy). "
5. Micron Technology (MU)
31.56% Payout Ratio
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Earnings Per Share
As for profitability, Micron Technology has a trailing twelve months EPS of $1.39.
PE Ratio
Micron Technology has a trailing twelve months price to earnings ratio of 44.51. Meaning, the purchaser of the share is investing $44.51 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 3.39%.
Sales Growth
Micron Technology’s sales growth is negative 57.3% for the current quarter and negative 39.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 52.6%, now sitting on 23.06B for the twelve trailing months.
