Fastenal Company And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Saratoga Investment Corp New (SAR), Banco Santander (BSAC), Fastenal Company (FAST) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 distribute them.

When researching 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. Saratoga Investment Corp New (SAR)

112.96% Payout Ratio

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The firm prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. It seeks to invest in the United States. The firm primarily invests $5 million to $50 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $250 million. The firm prefer to take a majority stake. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. is based in New York, New York with an additional office in Florham Park, New Jersey.

Earnings Per Share

As for profitability, Saratoga Investment Corp New has a trailing twelve months EPS of $2.16.

PE Ratio

Saratoga Investment Corp New has a trailing twelve months price to earnings ratio of 10.92. Meaning, the purchaser of the share is investing $10.92 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 9.41%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 12, 2023, the estimated forward annual dividend rate is 2.78 and the estimated forward annual dividend yield is 11.77%.

Sales Growth

Saratoga Investment Corp New’s sales growth for the next quarter is 10.4%.

Yearly Top and Bottom Value

Saratoga Investment Corp New’s stock is valued at $23.59 at 20:23 EST, way below its 52-week high of $28.87 and way higher than its 52-week low of $20.30.

Volume

Today’s last reported volume for Saratoga Investment Corp New is 128366 which is 4.1% above its average volume of 123309.

2. Banco Santander (BSAC)

89.01% Payout Ratio

Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Corporate Investment Banking segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. It also provides mutual funds, insurance and stock brokerage, foreign exchange, leasing, factoring, financial consulting, investment management, foreign trade and mortgage financing, treasury, and transactional services, as well as specialized services to finance projects for the real estate industry. In addition, the company offers short-term financing and fund raising, and brokerage services, as well as derivatives, securitization, and other tailor-made products. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. As of December 31, 2020, the company operated 358 branches, which include 220 under the Santander brand name, 19 under the Select brand name, 32 specialized branches for the middle market, and 28 as auxiliary and payment centers, as well as 1,199 ATMs. Banco Santander-Chile was incorporated in 1977 and is headquartered in Santiago, Chile.

Earnings Per Share

As for profitability, Banco Santander has a trailing twelve months EPS of $1.24.

PE Ratio

Banco Santander has a trailing twelve months price to earnings ratio of 14.41. Meaning, the purchaser of the share is investing $14.41 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 13.81%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 2.4% and 145.8%, respectively.

3. Fastenal Company (FAST)

67.35% Payout Ratio

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Earnings Per Share

As for profitability, Fastenal Company has a trailing twelve months EPS of $1.96.

PE Ratio

Fastenal Company has a trailing twelve months price to earnings ratio of 30.22. Meaning, the purchaser of the share is investing $30.22 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 34.22%.

Moving Average

Fastenal Company’s worth is higher than its 50-day moving average of $56.14 and higher than its 200-day moving average of $54.27.

4. TORM plc (TRMD)

65.41% Payout Ratio

TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, TORM plc has a trailing twelve months EPS of $9.31.

PE Ratio

TORM plc has a trailing twelve months price to earnings ratio of 2.89. Meaning, the purchaser of the share is investing $2.89 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 56.43%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 50.6% and a negative 22.7%, respectively.

5. Tractor Supply Company (TSCO)

38.96% Payout Ratio

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. It provides its products under the 4health, Producer's Pride, American Farmworks, Red Shed, Bit & Bridle, Redstone, Blue Mountain, Retriever, C.E. Schmidt, Ridgecut, Countyline, Royal Wing, Dumor, Strive, Groundwork, Traveller, Huskee, Treeline, JobSmart, TSC Tractor Supply Co, Paws & Claws, and Untamed brands. The company operates its retail stores under the Tractor Supply Company, Orscheln Farm and Home, and Petsense names; and operates websites under the TractorSupply.com and Petsense.com names. It sells its products to recreational farmers, ranchers, and others. The company was founded in 1938 and is based in Brentwood, Tennessee.

Earnings Per Share

As for profitability, Tractor Supply Company has a trailing twelve months EPS of $10.02.

PE Ratio

Tractor Supply Company has a trailing twelve months price to earnings ratio of 20.51. Meaning, the purchaser of the share is investing $20.51 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 55.45%.

Yearly Top and Bottom Value

Tractor Supply Company’s stock is valued at $205.48 at 20:23 EST, way under its 52-week high of $251.17 and above its 52-week low of $187.29.

6. Evercore Partners (EVR)

34.35% Payout Ratio

Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Evercore Partners has a trailing twelve months EPS of $8.5.

PE Ratio

Evercore Partners has a trailing twelve months price to earnings ratio of 15.8. Meaning, the purchaser of the share is investing $15.8 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 24.24%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 47.3% and a negative 41.4%, respectively.

Yearly Top and Bottom Value

Evercore Partners’s stock is valued at $134.32 at 20:23 EST, below its 52-week high of $146.99 and way above its 52-week low of $84.61.

Moving Average

Evercore Partners’s worth is below its 50-day moving average of $137.17 and above its 200-day moving average of $124.78.

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%.

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