(VIANEWS) – Guggenheim Strategic Opportunities Fund (GOF), Whitestone REIT (WSR), Star Gas Partners, L.P. (SGU) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 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. Guggenheim Strategic Opportunities Fund (GOF)
1092.6% Payout Ratio
Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors. It invests in the value stocks of companies of all capitalizations. The fund employs a combination of quantitative and qualitative analysis to create its portfolio. For the fixed income component of its portfolio, it seeks to invest in securities such as corporate bonds, loans, loan participations, structured finance investments, U.S. government and agency securities that are not rated below below CCC by S&P or Caa2 by Moody's. For the equity part of the portfolio the fund benchmarks S&P 500 Index and for the fixed income part it benchmarks Barclays Aggregate Bond Index. It was formerly known as Claymore/Guggenheim Strategic Opportunities Fund. Guggenheim Strategic Opportunities Fund was formed on November 13, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, Guggenheim Strategic Opportunities Fund has a trailing twelve months EPS of $0.2.
PE Ratio
Guggenheim Strategic Opportunities Fund has a trailing twelve months price to earnings ratio of 73.15. Meaning, the purchaser of the share is investing $73.15 for every dollar of annual earnings.
2. Whitestone REIT (WSR)
126.32% Payout Ratio
Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.
Earnings Per Share
As for profitability, Whitestone REIT has a trailing twelve months EPS of $0.38.
PE Ratio
Whitestone REIT has a trailing twelve months price to earnings ratio of 32.61. Meaning, the purchaser of the share is investing $32.61 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 4.61%.
Sales Growth
Whitestone REIT’s sales growth for the next quarter is 4.5%.
Moving Average
Whitestone REIT’s worth is under its 50-day moving average of $12.42 and way above its 200-day moving average of $10.82.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.3%, now sitting on 143.92M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 25% and a negative 63.6%, respectively.
3. Star Gas Partners, L.P. (SGU)
80% Payout Ratio
Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis, as well as provide plumbing services; and installs maintains, and repairs heating and air conditioning equipment. As of September 30, 2022, the company served approximately 415,900 full service residential and commercial home heating oil and propane customers and 75,900 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers. Kestrel Heat, LLC operates as the general partner of the company. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.
Earnings Per Share
As for profitability, Star Gas Partners, L.P. has a trailing twelve months EPS of $0.8.
PE Ratio
Star Gas Partners, L.P. has a trailing twelve months price to earnings ratio of 12.98. Meaning, the purchaser of the share is investing $12.98 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 11.78%.
Volume
Today’s last reported volume for Star Gas Partners, L.P. is 305 which is 99.03% below its average volume of 31731.
4. TCW Strategic Income Fund (TSI)
51.06% Payout Ratio
TCW Strategic Income Fund, Inc. is a close-ended balanced mutual fund launched by The TCW Group, Inc. The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors. For its equity investments, it seeks to invest in growth and value stocks of companies. The fund's fixed income investments are comprised of mortgage related securities, asset-backed securities, money market securities, convertible securities, high yield bonds, collateralized debt obligations (CDOs), and securities issued or guaranteed by the United States Government, its agencies and instrumentalities. It benchmarks the performance of its portfolio against the S&P 500 Index, NASDAQ, and a customized benchmark comprised of Barclays U.S. Aggregate Bond Index, Citigroup High Yield Cash Pay Index, S&P 500 Index, and BofA Merrill Lynch All Convertibles All Qualities. The fund was previously known as TCW Convertible Securities Fund, Inc. TCW Strategic Income Fund, Inc. was formed on January 13, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, TCW Strategic Income Fund has a trailing twelve months EPS of $0.47.
PE Ratio
TCW Strategic Income Fund has a trailing twelve months price to earnings ratio of 10.02. Meaning, the purchaser of the share is investing $10.02 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 9.44%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 5.1%.
Volume
Today’s last reported volume for TCW Strategic Income Fund is 95879 which is 10.17% below its average volume of 106738.
Yearly Top and Bottom Value
TCW Strategic Income Fund’s stock is valued at $4.71 at 08:23 EST, under its 52-week high of $4.99 and higher than its 52-week low of $4.48.
5. Nelnet (NNI)
43.27% Payout Ratio
Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. Its Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The company's Education Technology, Services, and Payment Processing segment provides financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community, giving, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. Its Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Company's Asset Generation and Management segment acquires, manages, and owns loan assets. Its Nelnet Bank segment operates as an internet industrial bank. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.
Earnings Per Share
As for profitability, Nelnet has a trailing twelve months EPS of $2.45.
PE Ratio
Nelnet has a trailing twelve months price to earnings ratio of 36.34. Meaning, the purchaser of the share is investing $36.34 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 1.7%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 32.7% and a drop 22.4% for the next.
6. RPM International (RPM)
42.16% Payout Ratio
RPM International Inc. manufactures, markets, and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; solutions for fire stopping and intumescent steel coating, and manufacturing industry; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems. It also provides polymer flooring systems; fiberglass reinforced plastic gratings and shapes; corrosion-control coating, containment and railcar lining, fire and sound proofing, and heat and cryogenic insulation products; specialty construction products; amine curing agents, reactive diluents, and epoxy resins; fluorescent colorants and pigments; shellac-based-specialty and marine coatings; fire and water damage restoration, carpet cleaning, and disinfecting products; fuel additives; wood treatments, and touch-up products; and nail enamels, polishes, and coating components. In addition, it offers paint contractors and the DIYers solutions, concrete restoration and flooring, metallic and faux finish coatings, cleaners, and hobby paints and cements; and caulk, sealant, adhesive, insulating foam, spackling, glazing, patch, and repair products. The company was incorporated in 1947 and is headquartered in Medina, Ohio.
Earnings Per Share
As for profitability, RPM International has a trailing twelve months EPS of $4.08.
PE Ratio
RPM International has a trailing twelve months price to earnings ratio of 28.54. Meaning, the purchaser of the share is investing $28.54 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 23.62%.
Moving Average
RPM International’s value is higher than its 50-day moving average of $110.56 and way higher than its 200-day moving average of $100.71.
Volume
Today’s last reported volume for RPM International is 429227 which is 29.07% below its average volume of 605161.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 18, 2024, the estimated forward annual dividend rate is 1.84 and the estimated forward annual dividend yield is 1.58%.
Yearly Top and Bottom Value
RPM International’s stock is valued at $116.46 at 08:23 EST, under its 52-week high of $119.39 and way higher than its 52-week low of $78.52.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
