(VIANEWS) – Horizon Technology Finance Corporation (HRZN), Green Plains Partners LP (GPP), Saga Communications (SGA) 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 guarantee 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. Horizon Technology Finance Corporation (HRZN)
140.45% Payout Ratio
Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. It seeks to invest in companies in the United States.
Earnings Per Share
As for profitability, Horizon Technology Finance Corporation has a trailing twelve months EPS of $0.89.
PE Ratio
Horizon Technology Finance Corporation has a trailing twelve months price to earnings ratio of 13.17. Meaning, the purchaser of the share is investing $13.17 for every dollar of annual earnings.
Moving Average
Horizon Technology Finance Corporation’s worth is above its 50-day moving average of $11.55 and below its 200-day moving average of $12.02.
Sales Growth
Horizon Technology Finance Corporation’s sales growth is 40.8% for the ongoing quarter and 35.6% for the next.
Volume
Today’s last reported volume for Horizon Technology Finance Corporation is 138540 which is 41.62% below its average volume of 237320.
2. Green Plains Partners LP (GPP)
106.18% Payout Ratio
Green Plains Partners LP provides fuel storage and transportation services in the United States. It acquires, owns, develops, and operates ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. The company owns or leases 31 ethanol storage facilities and approximately 44 acres of land; and six fuel terminals in Alabama, Arkansas, Louisiana, Mississippi, Kentucky, and Oklahoma. It also owns and operates a fleet of 19 trucks and tankers for transportation of ethanol and other products. The company was founded in 2015 and is headquartered in Omaha, Nebraska. Green Plains Partners LP is a subsidiary of Green Plains Inc.
Earnings Per Share
As for profitability, Green Plains Partners LP has a trailing twelve months EPS of $1.7.
PE Ratio
Green Plains Partners LP has a trailing twelve months price to earnings ratio of 7.51. Meaning, the purchaser of the share is investing $7.51 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 3, 2023, the estimated forward annual dividend rate is 1.82 and the estimated forward annual dividend yield is 14.26%.
3. Saga Communications (SGA)
64.63% Payout Ratio
Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. As of February 28, 2022, it owned seventy-nine FM, thirty- four AM radio stations, and seventy-nine metro signals serving twenty-seven markets. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.
Earnings Per Share
As for profitability, Saga Communications has a trailing twelve months EPS of $1.44.
PE Ratio
Saga Communications has a trailing twelve months price to earnings ratio of 13.98. Meaning, the purchaser of the share is investing $13.98 for every dollar of annual earnings.
Yearly Top and Bottom Value
Saga Communications’s stock is valued at $20.12 at 08:23 EST, way below its 52-week high of $29.75 and higher than its 52-week low of $20.07.
Moving Average
Saga Communications’s value is way under its 50-day moving average of $22.62 and way below its 200-day moving average of $24.44.
4. McCormick & Company (MKC)
60.73% Payout Ratio
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Hunt Valley, Maryland.
Earnings Per Share
As for profitability, McCormick & Company has a trailing twelve months EPS of $2.44.
PE Ratio
McCormick & Company has a trailing twelve months price to earnings ratio of 36.48. Meaning, the purchaser of the share is investing $36.48 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 14.02%.
Sales Growth
McCormick & Company’s sales growth is 8.2% for the ongoing quarter and 6.2% for the next.
Yearly Top and Bottom Value
McCormick & Company’s stock is valued at $89.02 at 08:23 EST, way below its 52-week high of $101.40 and way above its 52-week low of $70.60.
Moving Average
McCormick & Company’s value is above its 50-day moving average of $81.49 and higher than its 200-day moving average of $80.97.
5. Pacific Premier Bancorp (PPBI)
44.9% Payout Ratio
Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. The company accepts deposit products, such as checking, money market, and savings accounts; and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, small business administration (SBA), and SBA paycheck protection program loans; revolving lines or credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and savings account secured loans and auto loans. The company also offers cash management, electronic banking, treasury management, and online bill payment services. It operates 61 full-service depository branches located in Arizona, California, Nevada, Oregon, and Washington. Pacific Premier Bancorp, Inc. was founded in 1983 and is headquartered in Irvine, California.
Earnings Per Share
As for profitability, Pacific Premier Bancorp has a trailing twelve months EPS of $2.94.
PE Ratio
Pacific Premier Bancorp has a trailing twelve months price to earnings ratio of 6.16. Meaning, the purchaser of the share is investing $6.16 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 9.95%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 19.2% and a negative 23.4%, respectively.
Volume
Today’s last reported volume for Pacific Premier Bancorp is 684988 which is 4.44% below its average volume of 716836.
