(VIANEWS) – Blackstone GSO Long Short Credit Income Fund (BGX), Ternium S.A. Ternium S.A. (TX), BlackRock Credit Allocation Income Trust (BTZ) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. Blackstone GSO Long Short Credit Income Fund (BGX)
114.48% Payout Ratio
Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in loans and fixed-income instruments of corporate issuers, including first and second lien secured loans and high-yield corporate debt securities of varying maturities. The fund seeks to invest in securities rated below investment grade. It employs fundamental analysis using a research-driven credit approach to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of 70% S&P/LSTA Leveraged Loan Index and 30% Barclays US High Yield Index. It was formerly known as Blackstone / GSO Dynamic Credit Income Fund. Blackstone / GSO Long-Short Credit Income Fund was formed on October 22, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackstone GSO Long Short Credit Income Fund has a trailing twelve months EPS of $0.96.
PE Ratio
Blackstone GSO Long Short Credit Income Fund has a trailing twelve months price to earnings ratio of 12.69. Meaning, the purchaser of the share is investing $12.69 for every dollar of annual earnings.
Moving Average
Blackstone GSO Long Short Credit Income Fund’s value is below its 50-day moving average of $12.18 and above its 200-day moving average of $11.68.
Yearly Top and Bottom Value
Blackstone GSO Long Short Credit Income Fund’s stock is valued at $12.18 at 14:23 EST, below its 52-week high of $12.44 and way above its 52-week low of $10.69.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 23, 2023, the estimated forward annual dividend rate is 1.34 and the estimated forward annual dividend yield is 12.09%.
Volume
Today’s last reported volume for Blackstone GSO Long Short Credit Income Fund is 105133 which is 78.61% above its average volume of 58860.
2. Ternium S.A. Ternium S.A. (TX)
85.29% Payout Ratio
Ternium S.A., together with its subsidiaries, manufactures, processes, and sells various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates through two segments, Steel and Mining. The Steel segment offers slabs, billets and round bars, hot rolled flat products, merchant bars, reinforcing bars, stirrups and rods, tin plate and galvanized products, tubes, beams, insulated panels, roofing and cladding, roof tiles, steel decks, pre-engineered metal building systems, and pig iron products; and sells energy. The Mining segment sells iron ore and pellets. The company also provides medical and social; scrap; and engineering and other services, as well as operates as a distribution company. It serves various companies and small businesses in the construction, automotive, home appliances, packaging, transport, and energy industries. The company was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
Earnings Per Share
As for profitability, Ternium S.A. Ternium S.A. has a trailing twelve months EPS of $3.4.
PE Ratio
Ternium S.A. Ternium S.A. has a trailing twelve months price to earnings ratio of 12.44. Meaning, the purchaser of the share is investing $12.44 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 6.45%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 2, 2024, the estimated forward annual dividend rate is 3.3 and the estimated forward annual dividend yield is 7.88%.
3. BlackRock Credit Allocation Income Trust (BTZ)
71.4% Payout Ratio
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Credit Allocation Income Trust has a trailing twelve months EPS of $1.41.
PE Ratio
BlackRock Credit Allocation Income Trust has a trailing twelve months price to earnings ratio of 7.16. Meaning, the purchaser of the share is investing $7.16 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 12.42%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 1.01 and the estimated forward annual dividend yield is 9.97%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.6%, now sitting on 104.49M for the twelve trailing months.
Yearly Top and Bottom Value
BlackRock Credit Allocation Income Trust’s stock is valued at $10.10 at 14:23 EST, below its 52-week high of $11.13 and way above its 52-week low of $9.10.
Volume
Today’s last reported volume for BlackRock Credit Allocation Income Trust is 214501 which is 16.12% below its average volume of 255746.
4. NBT Bancorp (NBTB)
46.79% Payout Ratio
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $2.65.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 12.83. Meaning, the purchaser of the share is investing $12.83 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 9.14%.
Volume
Today’s last reported volume for NBT Bancorp is 136069 which is 39.82% below its average volume of 226114.
Sales Growth
NBT Bancorp’s sales growth is 1.1% for the current quarter and 9.6% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 23.9% and a negative 10%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.3%, now sitting on 490.37M for the twelve trailing months.
5. Empire State Realty Trust (ESRT)
46.67% Payout Ratio
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World's Most Famous Building.” Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.
Earnings Per Share
As for profitability, Empire State Realty Trust has a trailing twelve months EPS of $0.3.
PE Ratio
Empire State Realty Trust has a trailing twelve months price to earnings ratio of 30.5. Meaning, the purchaser of the share is investing $30.5 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 4.95%.
6. GAMCO Natural Resources, Gold & Income Trust (GNT)
37.89% Payout Ratio
GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities. It focuses on factors such as recent prices of comparable securities that are publicly traded, reliable prices of securities not publicly traded, the use of valuation models, current analyst reports, valuing the income or cash flow of the issuer, or cost if the preceding factors do not apply to create its portfolio. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Dow Jones U.S. Basic Materials Index, and S&P Global Agribusiness Equity Index. The fund was formerly known as Gabelli Natural Resources, Gold & Income Trust. GAMCO Natural Resources, Gold & Income Trust was formed on January 27, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months EPS of $0.95.
PE Ratio
GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months price to earnings ratio of 5.51. Meaning, the purchaser of the share is investing $5.51 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 7.35%.
Yearly Top and Bottom Value
GAMCO Natural Resources, Gold & Income Trust’s stock is valued at $5.23 at 14:23 EST, under its 52-week high of $5.45 and way higher than its 52-week low of $4.59.
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.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
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).
