(VIANEWS) – Portman Ridge Finance Corporation (PTMN), Chatham Lodging Trust (CLDT), Extra Space Storage (EXR) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up until now. 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. Portman Ridge Finance Corporation (PTMN)
1078.26% Payout Ratio
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. It provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. It invests in minority, and majority or control equity positions alongside its private equity sponsor partners.
Earnings Per Share
As for profitability, Portman Ridge Finance Corporation has a trailing twelve months EPS of $-0.83.
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 -3.44%.
Volume
Today’s last reported volume for Portman Ridge Finance Corporation is 36316 which is 33.19% below its average volume of 54361.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 177.5% and a drop 13.5% for the next.
Moving Average
Portman Ridge Finance Corporation’s worth is above its 50-day moving average of $17.21 and below its 200-day moving average of $19.20.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 16, 2023, the estimated forward annual dividend rate is 2.76 and the estimated forward annual dividend yield is 15.08%.
2. Chatham Lodging Trust (CLDT)
933.33% 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 $0.03.
PE Ratio
Chatham Lodging Trust has a trailing twelve months price to earnings ratio of 362.33. Meaning, the purchaser of the share is investing $362.33 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 1.18%.
Yearly Top and Bottom Value
Chatham Lodging Trust’s stock is valued at $10.87 at 19:23 EST, way under its 52-week high of $14.38 and way above its 52-week low of $8.92.
3. Extra Space Storage (EXR)
120% Payout Ratio
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2023, the Company owned and/or operated 3,651 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.5 million units and approximately 279.0 million square feet of rentable space operating under the Extra Space, Life Storage and Storage Express brands. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $5.3.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 27.93. Meaning, the purchaser of the share is investing $27.93 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 8.58%.
Yearly Top and Bottom Value
Extra Space Storage’s stock is valued at $148.01 at 19:23 EST, way below its 52-week high of $170.30 and way above its 52-week low of $101.19.
Volume
Today’s last reported volume for Extra Space Storage is 463966 which is 67.07% below its average volume of 1409360.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 6.48 and the estimated forward annual dividend yield is 4.25%.
4. Nordstrom (JWN)
102.7% Payout Ratio
Nordstrom, Inc., a fashion retailer, provides apparels, shoes, cosmetics, and accessories for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and TrunkClub.com; and Nordstrom Locals. As of May 5, 2020, the company operated operates 378 stores in 40 states, including 116 full-line stores in the United States, Canada, and Puerto Rico; 247 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 5 Trunk Club clubhouses; and 5 Nordstrom Local service hubs. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.
Earnings Per Share
As for profitability, Nordstrom has a trailing twelve months EPS of $0.74.
PE Ratio
Nordstrom has a trailing twelve months price to earnings ratio of 23.85. Meaning, the purchaser of the share is investing $23.85 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 17.83%.
5. TJX Companies (TJX)
35.45% Payout Ratio
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.
Earnings Per Share
As for profitability, TJX Companies has a trailing twelve months EPS of $3.54.
PE Ratio
TJX Companies has a trailing twelve months price to earnings ratio of 26.87. Meaning, the purchaser of the share is investing $26.87 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 65.76%.
Moving Average
TJX Companies’s worth is higher than its 50-day moving average of $90.77 and way higher than its 200-day moving average of $85.81.
Sales Growth
TJX Companies’s sales growth for the current quarter is 11.3%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 13, 2024, the estimated forward annual dividend rate is 1.33 and the estimated forward annual dividend yield is 1.4%.
Yearly Top and Bottom Value
TJX Companies’s stock is valued at $95.14 at 19:23 EST, below its 52-week high of $95.65 and way above its 52-week low of $72.92.
Previous days news about TJX Companies (TJX)
- According to Zacks on Wednesday, 17 January, "The TJX Companies is a leading off-price retailer with a diverse portfolio of popular brands, including T.J. Maxx, Marshalls, HomeGoods, and Sierra. "
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.
