(VIANEWS) – BlackRock TCP Capital Corp. (TCPC), Mesa Royalty Trust (MTR), CVR Partners, LP (UAN) 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 promise 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. BlackRock TCP Capital Corp. (TCPC)
96.77% Payout Ratio
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million. It prefers to make equity investments in companies for an ownership stake.
Earnings Per Share
As for profitability, BlackRock TCP Capital Corp. has a trailing twelve months EPS of $1.24.
PE Ratio
BlackRock TCP Capital Corp. has a trailing twelve months price to earnings ratio of 9.27. Meaning, the purchaser of the share is investing $9.27 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 8.73%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 20.6% and 10.8%, respectively.
Yearly Top and Bottom Value
BlackRock TCP Capital Corp.’s stock is valued at $11.50 at 07:23 EST, way under its 52-week high of $14.52 and above its 52-week low of $10.65.
2. Mesa Royalty Trust (MTR)
96.39% Payout Ratio
Mesa Royalty Trust owns net overriding royalty interests in various oil and gas producing properties in the United States. It has interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of New Mexico and Colorado. The company was founded in 1979 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Mesa Royalty Trust has a trailing twelve months EPS of $0.3.
PE Ratio
Mesa Royalty Trust has a trailing twelve months price to earnings ratio of 59.57. Meaning, the purchaser of the share is investing $59.57 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 110.83%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 29, 2023, the estimated forward annual dividend rate is 1.95 and the estimated forward annual dividend yield is 11.38%.
Moving Average
Mesa Royalty Trust’s worth is under its 50-day moving average of $18.73 and way higher than its 200-day moving average of $16.02.
Volume
Today’s last reported volume for Mesa Royalty Trust is 15873 which is 57.23% below its average volume of 37113.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3449240%, now sitting on 3.26M for the twelve trailing months.
3. CVR Partners, LP (UAN)
71.37% Payout Ratio
CVR Partners, LP, together with its subsidiaries, produces and distributes nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea and ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company. CVR Partners, LP was founded in 2007 and is based in Sugar Land, Texas.
Earnings Per Share
As for profitability, CVR Partners, LP has a trailing twelve months EPS of $24.69.
PE Ratio
CVR Partners, LP has a trailing twelve months price to earnings ratio of 4.23. Meaning, the purchaser of the share is investing $4.23 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 84.68%.
Moving Average
CVR Partners, LP’s worth is above its 50-day moving average of $100.77 and under its 200-day moving average of $114.14.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CVR Partners, LP’s EBITDA is 1.74.
Yearly Top and Bottom Value
CVR Partners, LP’s stock is valued at $104.50 at 07:23 EST, way under its 52-week high of $179.74 and way higher than its 52-week low of $80.30.
4. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)
57.42% Payout Ratio
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.
Earnings Per Share
As for profitability, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months EPS of $4.4.
PE Ratio
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 17.41. Meaning, the purchaser of the share is investing $17.41 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 39.58%.
Yearly Top and Bottom Value
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.’s stock is valued at $76.62 at 07:23 EST, below its 52-week high of $78.86 and way higher than its 52-week low of $46.53.
Sales Growth
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.’s sales growth is 28.5% for the current quarter and 3.9% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 1, 2023, the estimated forward annual dividend rate is 3.97 and the estimated forward annual dividend yield is 5.19%.
5. Turkcell Iletisim Hizmetleri AS (TKC)
32.58% Payout Ratio
Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Northern Cyprus, Germany, and the Netherlands. It operates through Turkcell Turkey, Turkcell International, and Techfin segments. It offers work contact services consisting of mobile communications, fixed business internet and business phone, and customer loyalty and programs. The company provides digital business services comprising of uninterrupted access, cyber security, data center, internet of things, big data, e-transformation, technologies, and managed services, and cloud solutions. In addition, the company provides various devices, hardware, software, and financing solutions. Further, the company offers digital services comprising of search, invoice and TL services; and information, entertainment, and application services. Additionally, the company provides TV+, which enables subscribers to watch series and other TV contents whenever and wherever they want; fizy, a digital music platform; magazine holder, a magazine, and newspapers service, and yaani browser, a mobile application. Furthermore, the company offers BiP, an all-access communication service application; goals pocket, a news and goal videos application; and digital operator, a transactions and technology purchases application. The company provides home internet and TV services. The company was incorporated in 1993 and is headquartered in Istanbul, Turkey.
Earnings Per Share
As for profitability, Turkcell Iletisim Hizmetleri AS has a trailing twelve months EPS of $0.39.
PE Ratio
Turkcell Iletisim Hizmetleri AS has a trailing twelve months price to earnings ratio of 11.18. Meaning, the purchaser of the share is investing $11.18 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 27.15%.
Yearly Top and Bottom Value
Turkcell Iletisim Hizmetleri AS’s stock is valued at $4.36 at 07:23 EST, way under its 52-week high of $5.44 and way above its 52-week low of $2.33.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Turkcell Iletisim Hizmetleri AS’s EBITDA is 0.6.
Moving Average
Turkcell Iletisim Hizmetleri AS’s worth is below its 50-day moving average of $4.70 and way above its 200-day moving average of $3.50.
