(VIANEWS) – Lexington Realty Trust (LXP), Western Gas Partners, LP Limited Partner Interests (WES), BlackRock Floating Rate Income Trust (BGT) are the highest payout ratio stocks on this list.
We have collected information about 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 distribute 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. Lexington Realty Trust (LXP)
294.12% Payout Ratio
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.
Earnings Per Share
As for profitability, Lexington Realty Trust has a trailing twelve months EPS of $0.17.
PE Ratio
Lexington Realty Trust has a trailing twelve months price to earnings ratio of 52.94. Meaning, the purchaser of the share is investing $52.94 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 2.52%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lexington Realty Trust’s EBITDA is 12.01.
Volume
Today’s last reported volume for Lexington Realty Trust is 1840150 which is 17.17% below its average volume of 2221640.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 338.65M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 27, 2023, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 5.78%.
2. Western Gas Partners, LP Limited Partner Interests (WES)
89.24% Payout Ratio
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Earnings Per Share
As for profitability, Western Gas Partners, LP Limited Partner Interests has a trailing twelve months EPS of $2.65.
PE Ratio
Western Gas Partners, LP Limited Partner Interests has a trailing twelve months price to earnings ratio of 11.05. Meaning, the purchaser of the share is investing $11.05 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 36.82%.
Yearly Top and Bottom Value
Western Gas Partners, LP Limited Partner Interests’s stock is valued at $29.27 at 22:23 EST, below its 52-week high of $30.20 and way above its 52-week low of $23.79.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 30, 2023, the estimated forward annual dividend rate is 2.49 and the estimated forward annual dividend yield is 8.33%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Western Gas Partners, LP Limited Partner Interests’s EBITDA is 5.99.
Volume
Today’s last reported volume for Western Gas Partners, LP Limited Partner Interests is 801345 which is 39.07% below its average volume of 1315380.
3. BlackRock Floating Rate Income Trust (BGT)
64.19% Payout Ratio
BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Floating Rate Income Trust has a trailing twelve months EPS of $1.67.
PE Ratio
BlackRock Floating Rate Income Trust has a trailing twelve months price to earnings ratio of 7.16. Meaning, the purchaser of the share is investing $7.16 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 13.47%.
4. RPM International (RPM)
42.32% 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 $3.99.
PE Ratio
RPM International has a trailing twelve months price to earnings ratio of 26.27. Meaning, the purchaser of the share is investing $26.27 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 23.91%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
RPM International’s EBITDA is 45.33.
Moving Average
RPM International’s worth is above its 50-day moving average of $96.87 and way above its 200-day moving average of $90.98.
Yearly Top and Bottom Value
RPM International’s stock is valued at $104.83 at 22:23 EST, below its 52-week high of $107.40 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%.
