(VIANEWS) – Capital Southwest Corporation (CSWC), Chesapeake Granite Wash Trust (CHKR), LMP Capital and Income Fund (SCD) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Capital Southwest Corporation (CSWC)
148.41% Payout Ratio
Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing. In lower middle market, the firm typically invests in growth financing, bolt-on acquisitions, new platform acquisitions, refinancing, dividend recapitalizations, sponsor-led buyouts, and management buyouts situations. The investment structures are Unitranche debt, subordinated debt, senior debt, first and second lien debt, and preferred and common equity. The firm makes equity co-investments alongside debt investments, up to 20% of total check and only makes non-control investments. It prefers to invest in Industrial manufacturing and services, value-added distribution, healthcare products and services, business services, specialty chemicals, food and beverage, tech-enabled services and SaaS models. The firm seeks to invest in energy services and products, industrial technologies, and specialty chemicals and products. Within energy services and products, the firm seeks to invest in each segment of the industry, including upstream, midstream and downstream, excluding exploration and production with a focus on differentiated products and services, equipment and tool rental, consumable products, and drilling and completion chemicals. Within industrial technologies, it seeks to invest in automation and process controls, handling and packaging equipment, industrial filtration and fluid handling, measurement, monitoring and testing, professional tools, and sensors and instrumentation. Within and specialty chemicals and products, the firm seeks to invest in businesses that develop and manufacture highly differentiated chemicals and products including adhesives, coatings and sealants, catalysts and absorbents, cosmeceuticals, fine chemicals, flavors and fragrances, performance lubricants, polymers, plastics and composites, chemical dispensing and filtration equipment, professional and industrial trade consumables and tools, engineered solutions for HVAC, plumbing, and electrical installations, specified high performance materials for fire protection and oilfield applications. It may also invest in exceptional opportunities in building products. The firm seeks to invest in the United States. The firm seeks to make investments ranging from $5 to $25 million in securities. It seeks to make equity investments up to $5 million and debt investments between $5 million and $20 million and co-invest in transaction size upto $40 million. It prefers to invest in companies with revenues approaching above $10 million, profitable operations, historical growth rate of at least 15 percent per year. . Within the lower middle market, it seeks to invest in with less than $15 million in EBITDA and also opportunistically invests in the upper middle market, generally defined as companies with EBITDA in excess of $50 million. In addition to making direct investments, the firm allocates capital to syndicated first and second lien term loans in the upper middle market. Criteria for Upper Middle Market Syndicated 1st Lien is EBITDA Size more than $30 million, Closing Leverage greater than 4 times, investment hold size between $5 million and $7 million, investment yield greater than 6.5%. Criteria for Upper Middle Market Syndicated 2nd Lien is EBITDA Size more than $50 million, Closing Leverage greater than 6 times, investment hold size between $5 million and $7 million, investment yield greater than 9%. It prefers to take a majority and minority stake. The firm has the flexibility to hold investments for very long period in its portfolio companies. It may also invest through warrants. The firm prefers to take Board participation in its portfolio companies. Capital Southwest Corporation was founded on April 19, 1961 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Capital Southwest Corporation has a trailing twelve months EPS of $0.84.
PE Ratio
Capital Southwest Corporation has a trailing twelve months price to earnings ratio of 23.38. Meaning, the purchaser of the share is investing $23.38 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 7.35%.
Moving Average
Capital Southwest Corporation’s value is higher than its 50-day moving average of $18.12 and higher than its 200-day moving average of $19.35.
Volume
Today’s last reported volume for Capital Southwest Corporation is 286162 which is 16.79% below its average volume of 343913.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 2.03 and the estimated forward annual dividend yield is 11.06%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.3%, now sitting on 86.18M for the twelve trailing months.
2. Chesapeake Granite Wash Trust (CHKR)
100% Payout Ratio
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.073.
PE Ratio
Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 16.71. Meaning, the purchaser of the share is investing $16.71 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 84.92%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.4%, now sitting on 11.29M for the twelve trailing months.
Volume
Today’s last reported volume for Chesapeake Granite Wash Trust is 45735 which is 2.23% above its average volume of 44737.
3. LMP Capital and Income Fund (SCD)
84.55% Payout Ratio
LMP Capital and Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in stocks of large-cap companies, intermediate period corporate bonds and notes rated at least A-, energy and non-energy master limited partnerships, and real estate investment trusts. It focuses on such factors as economic, market, or political conditions, fiscal and monetary policy, and security valuation to create its portfolio. The fund benchmarks the performance of its portfolio against the U.S. Aggregate Index and S&P 500 Index. It was formerly known as Salomon Brothers Capital and Income Fund Inc. LMP Capital and Income Fund Inc. was formed on November 12, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, LMP Capital and Income Fund has a trailing twelve months EPS of $1.23.
PE Ratio
LMP Capital and Income Fund has a trailing twelve months price to earnings ratio of 10.43. Meaning, the purchaser of the share is investing $10.43 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 35.58%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.1%, now sitting on 10.21M for the twelve trailing months.
Moving Average
LMP Capital and Income Fund’s worth is above its 50-day moving average of $12.41 and higher than its 200-day moving average of $12.70.
Yearly Top and Bottom Value
LMP Capital and Income Fund’s stock is valued at $12.83 at 19:23 EST, way below its 52-week high of $14.90 and way higher than its 52-week low of $10.85.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 20, 2022, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 8.27%.
4. Star Gas Partners, L.P. (SGU)
69.41% 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, 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, 2020, the company served approximately 440,100 full service residential and commercial home heating oil and propane customers and 64,400 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,400 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 founded 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 $0.85.
PE Ratio
Star Gas Partners, L.P. has a trailing twelve months price to earnings ratio of 13.02. Meaning, the purchaser of the share is investing $13.02 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 13.16%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 19, 2023, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 5.26%.
Moving Average
Star Gas Partners, L.P.’s worth is below its 50-day moving average of $11.08 and way above its 200-day moving average of $9.85.
Volume
Today’s last reported volume for Star Gas Partners, L.P. is 95411 which is 19.46% below its average volume of 118472.
5. LeMaitre Vascular (LMAT)
51.05% Payout Ratio
LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. It offers angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to perfuse the blood and other fluids into the vasculature; and thrombectomy catheters, which features a silicone balloon for removing thrombi in the venous system. The company also provides carotid shunts that temporarily shunt the blood to the brain during the removal of plaque from the carotid artery in a carotid endarterectomy surgery; powered phlebectomy devices to remove varicose veins; and radiopaque tape, a medical-grade tape applied to the skin that enables interventionists to cross-refer between the inside and the outside of a patient's body, and allows them to locate tributaries or lesions beneath the skin. In addition, it offers remote endarterectomy devices to remove plaque from arteries in the leg; valvulotomes, which cut valves in the saphenous vein to function as an artery to carry blood past diseased arteries to the lower leg or the foot; and vascular grafts to bypass or replace diseased arteries. Further, the company provides vascular patches, which are used for closure of vessels after surgical intervention; closure systems to attach vessels to one another with titanium clips instead of sutures; and surgical glue. It markets its products through a direct sales force and distributors. The company was formerly known as Vascutech, Inc. and changed its name to LeMaitre Vascular, Inc. in April 2001. LeMaitre Vascular, Inc. was incorporated in 1983 and is headquartered in Burlington, Massachusetts.
Earnings Per Share
As for profitability, LeMaitre Vascular has a trailing twelve months EPS of $0.95.
PE Ratio
LeMaitre Vascular has a trailing twelve months price to earnings ratio of 51.06. Meaning, the purchaser of the share is investing $51.06 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 8.3%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 15, 2022, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 1.03%.
6. Progressive Corporation (PGR)
42.37% Payout Ratio
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Earnings Per Share
As for profitability, Progressive Corporation has a trailing twelve months EPS of $11.
PE Ratio
Progressive Corporation has a trailing twelve months price to earnings ratio of 12.68. Meaning, the purchaser of the share is investing $12.68 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 4.23%.
Yearly Top and Bottom Value
Progressive Corporation’s stock is valued at $139.43 at 19:23 EST, below its 52-week high of $139.89 and way above its 52-week low of $100.81.
Revenue Growth
Year-on-year quarterly revenue growth declined by 69.2%, now sitting on 49.59B for the twelve trailing months.
