(VIANEWS) – Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund (AWP), AG Mortgage Investment Trust (MITT), Oaktree Specialty Lending Corporation (OCSL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a guarantee 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 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. Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund (AWP)
2400% Payout Ratio
Alpine Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies. The fund employs fundamental analysis with top-down and bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the FTSE EPRA/NAREIT Global TR Index, MSCI US REIT Gross Total Return Index, and S&P Developed BMI Property Index Net TR Index. Alpine Global Premier Properties Fund was formed on February 13, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund has a trailing twelve months EPS of $-0.18.
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 -4.67%.
Moving Average
Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund’s worth is above its 50-day moving average of $3.73 and under its 200-day moving average of $3.80.
2. AG Mortgage Investment Trust (MITT)
146.94% Payout Ratio
AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.
Earnings Per Share
As for profitability, AG Mortgage Investment Trust has a trailing twelve months EPS of $0.49.
PE Ratio
AG Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 13.08. Meaning, the purchaser of the share is investing $13.08 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 6.59%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.9%, now sitting on 68.44M for the twelve trailing months.
Moving Average
AG Mortgage Investment Trust’s value is higher than its 50-day moving average of $5.91 and higher than its 200-day moving average of $5.86.
Sales Growth
AG Mortgage Investment Trust’s sales growth for the current quarter is 7.3%.
3. Oaktree Specialty Lending Corporation (OCSL)
134.36% 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 $1.63.
PE Ratio
Oaktree Specialty Lending Corporation has a trailing twelve months price to earnings ratio of 13.11. Meaning, the purchaser of the share is investing $13.11 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 8.5%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 10.29%.
Moving Average
Oaktree Specialty Lending Corporation’s worth is above its 50-day moving average of $20.34 and higher than its 200-day moving average of $19.62.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45.3%, now sitting on 379.29M for the twelve trailing months.
4. Garmin (GRMN)
53.87% Payout Ratio
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded domain controllers and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
Earnings Per Share
As for profitability, Garmin has a trailing twelve months EPS of $5.42.
PE Ratio
Garmin has a trailing twelve months price to earnings ratio of 22.19. Meaning, the purchaser of the share is investing $22.19 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 17.02%.
5. Lakeland Bancorp (LBAI)
44.96% Payout Ratio
Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company is also involved in lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, Small Business Administration loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, the company provides consumer banking services, which include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, it offers investment advisory services for individuals and businesses; and securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. The company was incorporated in 1989 and is headquartered in Oak Ridge, New Jersey.
Earnings Per Share
As for profitability, Lakeland Bancorp has a trailing twelve months EPS of $1.29.
PE Ratio
Lakeland Bancorp has a trailing twelve months price to earnings ratio of 10.83. Meaning, the purchaser of the share is investing $10.83 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 7.44%.
Moving Average
Lakeland Bancorp’s value is higher than its 50-day moving average of $13.88 and above its 200-day moving average of $13.53.
Sales Growth
Lakeland Bancorp’s sales growth is negative 16.6% for the ongoing quarter and negative 5.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 23.3%, now sitting on 293.77M for the twelve trailing months.
6. Sirius XM Holdings (SIRI)
30.25% Payout Ratio
Sirius XM Holdings Inc., an audio entertainment company, operates audio business including subscription entertainment services in the United States. It operates through Sirius XM, and Pandora and Off-platform segment. The company's Sirius XM segment provides music, sports, entertainment, comedy, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio system and streamed via applications for mobile and home devices, and other consumer electronic equipment. Its Pandora and Off-platform segment operates music and podcast streaming platform, which offers personalized experience for listener through computers, tablets, mobile devices, vehicle speakers, and connected devices. In addition, the company offers podcasts including true crime to politics, sports, comedy, and other podcasts under Stitcher brand. Further, it distributes satellite radios through automakers and retailers, as well as its website. The company also provides location-based services through two-way wireless connectivity, including safety, security, convenience, remote vehicles diagnostic, maintenance and data, and stolen or parked vehicle locator services. Additionally, it offers satellite television services, which offer music channels on the DISH Network satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; and real-time traffic and weather services, as well as music programming and commercial-free music services for commercial, office, restaurants, and other business. The company was incorporated in 2013 and is headquartered in New York. Sirius XM Holdings Inc. operates as a subsidiary of The Liberty SiriusXM Group.
Earnings Per Share
As for profitability, Sirius XM Holdings has a trailing twelve months EPS of $0.32.
PE Ratio
Sirius XM Holdings has a trailing twelve months price to earnings ratio of 16.19. Meaning, the purchaser of the share is investing $16.19 for every dollar of annual earnings.
Moving Average
Sirius XM Holdings’s worth is below its 50-day moving average of $5.19 and way above its 200-day moving average of $4.51.
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.
