(VIANEWS) – Oaktree Specialty Lending Corporation (OCSL), Omega Flex (OFLX), NiSource (NI) are the highest payout ratio stocks on this list.
We have gathered 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 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. Oaktree Specialty Lending Corporation (OCSL)
141.94% 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 $1.55.
PE Ratio
Oaktree Specialty Lending Corporation has a trailing twelve months price to earnings ratio of 12.66. Meaning, the purchaser of the share is investing $12.66 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 8.45%.
Moving Average
Oaktree Specialty Lending Corporation’s value is under its 50-day moving average of $20.59 and under its 200-day moving average of $19.75.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 6.5% and a negative 4.8%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 13, 2024, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 11.19%.
2. Omega Flex (OFLX)
74.31% Payout Ratio
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.
Earnings Per Share
As for profitability, Omega Flex has a trailing twelve months EPS of $2.18.
PE Ratio
Omega Flex has a trailing twelve months price to earnings ratio of 32. Meaning, the purchaser of the share is investing $32 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 30.37%.
Yearly Top and Bottom Value
Omega Flex’s stock is valued at $69.76 at 01:23 EST, way under its 52-week high of $128.51 and above its 52-week low of $63.43.
3. NiSource (NI)
65.67% Payout Ratio
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 859,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,800 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 486,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Earnings Per Share
As for profitability, NiSource has a trailing twelve months EPS of $1.5.
PE Ratio
NiSource has a trailing twelve months price to earnings ratio of 17.09. Meaning, the purchaser of the share is investing $17.09 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 9.48%.
Volume
Today’s last reported volume for NiSource is 3044690 which is 36.33% below its average volume of 4782520.
Moving Average
NiSource’s worth is below its 50-day moving average of $26.18 and below its 200-day moving average of $26.59.
Previous days news about NiSource (NI)
- Seeking clues to nisource (ni) Q4 earnings? A peek into wall street projections for key metrics. According to Zacks on Thursday, 15 February, "View all Key Company Metrics for NiSource here>>>Shares of NiSource have demonstrated returns of -2.2% over the past month compared to the Zacks S&P 500 composite’s +4.6% change. ", "Analysts on Wall Street project that NiSource (NI Quick QuoteNI – Free Report) will announce quarterly earnings of $0.52 per share in its forthcoming report, representing an increase of 4% year over year. "
- Nisource (ni) to report Q4 earnings: what's in the cards?. According to Zacks on Friday, 16 February, "Our proven model does not conclusively predict an earnings beat for NiSource this time. "
4. UPS (UPS)
64.57% Payout Ratio
United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services comprising guaranteed time-definite express options in Europe, Asia, the Indian sub-continent, the Middle East, Africa, Canada, and Latin America. The company also provides international air and ocean freight forwarding, post-sales, and mail and consulting services. In addition, it offers truckload brokerage services; supply chain solutions to the healthcare and life sciences industries; financial and information services; and fulfillment and transportation management services. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, UPS has a trailing twelve months EPS of $7.8.
PE Ratio
UPS has a trailing twelve months price to earnings ratio of 19.03. Meaning, the purchaser of the share is investing $19.03 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 47.31%.
Sales Growth
UPS’s sales growth is negative 5.8% for the ongoing quarter and negative 1.1% for the next.
5. Cintas Corporation (CTAS)
36.23% Payout Ratio
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.
Earnings Per Share
As for profitability, Cintas Corporation has a trailing twelve months EPS of $13.79.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 44.63. Meaning, the purchaser of the share is investing $44.63 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 38.56%.
Volume
Today’s last reported volume for Cintas Corporation is 164283 which is 52.7% below its average volume of 347378.
Moving Average
Cintas Corporation’s worth is above its 50-day moving average of $585.96 and way above its 200-day moving average of $518.63.
Sales Growth
Cintas Corporation’s sales growth for the next quarter is 7.3%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cintas Corporation’s EBITDA is 7.12.
6. First Bancorp (FBNC)
34.78% Payout Ratio
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.
Earnings Per Share
As for profitability, First Bancorp has a trailing twelve months EPS of $2.53.
PE Ratio
First Bancorp has a trailing twelve months price to earnings ratio of 14.17. Meaning, the purchaser of the share is investing $14.17 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 8.66%.
Yearly Top and Bottom Value
First Bancorp’s stock is valued at $35.84 at 01:23 EST, way under its 52-week high of $42.82 and way higher than its 52-week low of $26.00.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 64.9% and a drop 11.3% for the next.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
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).
