(VIANEWS) – Fidus Investment Corporation (FDUS), Foot Locker (FL), Western Asset Emerging Markets Income Fund (EMD) 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 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. Fidus Investment Corporation (FDUS)
118.02% Payout Ratio
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
Earnings Per Share
As for profitability, Fidus Investment Corporation has a trailing twelve months EPS of $1.72.
PE Ratio
Fidus Investment Corporation has a trailing twelve months price to earnings ratio of 10.62. Meaning, the purchaser of the share is investing $10.62 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 8.8%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 44.5%, now sitting on 112.08M for the twelve trailing months.
Volume
Today’s last reported volume for Fidus Investment Corporation is 79076 which is 65.52% below its average volume of 229354.
2. Foot Locker (FL)
100.63% Payout Ratio
Foot Locker, Inc., through its subsidiaries, operates as an athletic footwear and apparel retailer. The company engages in the retail of athletic footwear, apparel, accessories, equipment, and team licensed merchandise under the Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, Footaction, and Sidestep brand names. As of January 29, 2022, it operated 2,858 retail stores in 28 countries across the United States, Canada, Europe, Australia, New Zealand, and Asia; and 142 franchised Foot Locker stores located in the Middle East and Asia. The company also offers its products through various e-commerce sites and mobile apps. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Foot Locker has a trailing twelve months EPS of $1.59.
PE Ratio
Foot Locker has a trailing twelve months price to earnings ratio of 12.33. Meaning, the purchaser of the share is investing $12.33 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%.
3. Western Asset Emerging Markets Income Fund (EMD)
81.25% Payout Ratio
Western Asset Emerging Markets Debt Fund Inc. is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe. It seeks to invest in fixed income securities issued by governments, government-related entities, and corporations which are of any maturity and quality. The fund employs fundamental analysis along with a top-down security picking approach focusing on factors like currency, inflation and interest rate trends, growth rate forecasts, liquidity of markets for that country's debt, political outlook, tax environment to create its portfolio. It benchmarks the performance of its portfolio against the JPMorgan Emerging Markets Bond Index Global. The fund was formerly known as Salomon Brothers Emerging Markets Debt Fund Inc. Western Asset Emerging Markets Debt Fund Inc. was formed on December 1, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Emerging Markets Income Fund has a trailing twelve months EPS of $1.12.
PE Ratio
Western Asset Emerging Markets Income Fund has a trailing twelve months price to earnings ratio of 7.07. Meaning, the purchaser of the share is investing $7.07 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 11.19%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.1%, now sitting on 62.54M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 19, 2023, the estimated forward annual dividend rate is 1.01 and the estimated forward annual dividend yield is 12.77%.
Moving Average
Western Asset Emerging Markets Income Fund’s worth is below its 50-day moving average of $8.48 and under its 200-day moving average of $8.78.
Volume
Today’s last reported volume for Western Asset Emerging Markets Income Fund is 149588 which is 16.58% below its average volume of 179325.
4. Union Pacific Corporation (UNP)
47.49% Payout Ratio
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. The company was founded in 1862 and is headquartered in Omaha, Nebraska.
Earnings Per Share
As for profitability, Union Pacific Corporation has a trailing twelve months EPS of $10.95.
PE Ratio
Union Pacific Corporation has a trailing twelve months price to earnings ratio of 18.75. Meaning, the purchaser of the share is investing $18.75 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 49.44%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 4.5% and a negative 1.9%, respectively.
Yearly Top and Bottom Value
Union Pacific Corporation’s stock is valued at $205.36 at 08:23 EST, way below its 52-week high of $240.48 and way above its 52-week low of $183.69.
Volume
Today’s last reported volume for Union Pacific Corporation is 863569 which is 64.84% below its average volume of 2456110.
5. Laboratory Corporation of America Holdings (LH)
40.34% Payout Ratio
Laboratory Corporation of America Holdings operates as a life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. It operates in two segments, Labcorp Diagnostics and Labcorp Drug Development. The company offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, PAP tests, hemoglobin A1C and vitamin D, prostate-specific antigens, tests for sexually transmitted diseases, hepatitis C tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests. It also provides specialty testing services comprising gene-based and esoteric testing; advanced tests target specific diseases, including anatomic pathology/oncology, cardiovascular disease, coagulation, diagnostic genetics, endocrinology, infectious disease, women's health, pharmacogenetics, and parentage and donor testing; occupational testing services, medical drug monitoring services, chronic disease programs, and kidney stone prevention tests; and health and wellness services to employers and managed care organizations (MCOs), including health fairs, on-site and at-home testing, vaccinations, and health screenings. In addition, the company offers online and mobile applications to enable patients to check test results; and online applications for MCOs and accountable care organizations; and end-to-end drug development, medical device, and companion diagnostic development solutions from early-stage research to clinical development and commercial market access. It serves MCOs, pharmaceutical, biotechnology, medical device and diagnostics companies, governmental agencies, physicians and other healthcare providers, hospitals and health systems, employers, patients and consumers, contract research organizations, and independent clinical laboratories. The company was incorporated in 1994 and is headquartered in Burlington, North Carolina.
Earnings Per Share
As for profitability, Laboratory Corporation of America Holdings has a trailing twelve months EPS of $7.14.
PE Ratio
Laboratory Corporation of America Holdings has a trailing twelve months price to earnings ratio of 27.9. Meaning, the purchaser of the share is investing $27.9 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 9.57%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.2%, now sitting on 15.07B for the twelve trailing months.
Moving Average
Laboratory Corporation of America Holdings’s value is under its 50-day moving average of $204.45 and below its 200-day moving average of $203.11.
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.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
