(VIANEWS) – International Paper Company (IP), Ares Dynamic Credit Allocation Fund (ARDC), Hamilton Lane Incorporated (HLNE) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio at the moment. 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 investigating 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. International Paper Company (IP)
141.22% Payout Ratio
Earnings Per Share
As for profitability, International Paper Company has a trailing twelve months EPS of $0.86.
PE Ratio
International Paper Company has a trailing twelve months price to earnings ratio of 43.19. Meaning, the purchaser of the share is investing $43.19 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 5.44%.
2. Ares Dynamic Credit Allocation Fund (ARDC)
96.95% Payout Ratio
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Ares Dynamic Credit Allocation Fund has a trailing twelve months EPS of $2.32.
PE Ratio
Ares Dynamic Credit Allocation Fund has a trailing twelve months price to earnings ratio of 6.64. Meaning, the purchaser of the share is investing $6.64 for every dollar of annual earnings.
Yearly Top and Bottom Value
Ares Dynamic Credit Allocation Fund’s stock is valued at $15.40 at 08:23 EST, under its 52-week high of $15.49 and way higher than its 52-week low of $11.83.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 1.41 and the estimated forward annual dividend yield is 11.64%.
Volume
Today’s last reported volume for Ares Dynamic Credit Allocation Fund is 141453 which is 49.93% above its average volume of 94346.
Moving Average
Ares Dynamic Credit Allocation Fund’s worth is higher than its 50-day moving average of $15.13 and higher than its 200-day moving average of $14.20.
3. Hamilton Lane Incorporated (HLNE)
41.95% Payout Ratio
Hamilton Lane Incorporated is an investment firm specializing in direct and fund of fund investments. It provides following services: separate accounts (customized to each individual client and structured as single client vehicles); specialized strategies (fund-of-funds, secondaries, co-investments, taft-hartley, distribution management); advisory relationships (including due diligence, strategic portfolio planning, monitoring and reporting services); and reporting and analytics solutions. For direct investments, the firm invests in early, mid and late venture, mature companies, growth equity, emerging growth, distressed debt, later stage, turnarounds, bridge financing, mezzanine financing, and buyouts in middle market companies. For fund of fund investments, it invests in mezzanine, venture capital, private equity, turnaround, secondary investments, real estate, and special situation funds. The firm invests in real estate investments. It also invest in technology, healthcare, education, natural resources, energy and essential consumer goods sectors, cleantech, and environment, community development, and financial empowerment. It invests in private equity markets in North America, Latin America, United States, Western Europe, Middle East, Africa, United Kingdom, Asia, Japan, and Australia. The firm prefer to invest $1 million to $100 million in companies. It prefers to have majority stake in companies. Hamilton Lane Incorporated was founded in 1991 and is based in Philadelphia, Pennsylvania with additional offices across Europe, North America, and Asia.
Earnings Per Share
As for profitability, Hamilton Lane Incorporated has a trailing twelve months EPS of $4.35.
PE Ratio
Hamilton Lane Incorporated has a trailing twelve months price to earnings ratio of 33.5. Meaning, the purchaser of the share is investing $33.5 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 38.15%.
4. Gabelli Global Small and Mid Cap Value Trust (GGZ)
36.16% Payout Ratio
The Gabelli Global Small and Mid Cap Value 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 seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in value stocks of small and mid-cap companies with a market capitalization of $12 billion or less. The fund benchmarks the performance of its portfolio against the MSCI World SMID Cap Index. The Gabelli Global Small and Mid Cap Value Trust was formed on August 19, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Gabelli Global Small and Mid Cap Value Trust has a trailing twelve months EPS of $1.18.
PE Ratio
Gabelli Global Small and Mid Cap Value Trust has a trailing twelve months price to earnings ratio of 10.22. Meaning, the purchaser of the share is investing $10.22 for every dollar of annual earnings.
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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing 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).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
