(VIANEWS) – Icahn Enterprises L.P. (IEP), Portman Ridge Finance Corporation (PTMN), Compass Diversified Holdings Shares of Beneficial Interest (CODI) are the highest payout ratio stocks on this list.
We have congregated information regarding 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 issue 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. Icahn Enterprises L.P. (IEP)
2500% Payout Ratio
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. Its Investment segment invests its proprietary capital through various private investment funds. The company's Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. Its Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. The company's Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used for preparing processed meat products. Its Real Estate segment is involved in investment properties; construction and sale of single-family homes; and management of a country club. The company's Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
Earnings Per Share
As for profitability, Icahn Enterprises L.P. has a trailing twelve months EPS of $-2.27.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -14.73%.
Moving Average
Icahn Enterprises L.P.’s worth is way above its 50-day moving average of $17.68 and below its 200-day moving average of $22.39.
2. Portman Ridge Finance Corporation (PTMN)
1078.26% Payout Ratio
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. It provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. It invests in minority, and majority or control equity positions alongside its private equity sponsor partners.
Earnings Per Share
As for profitability, Portman Ridge Finance Corporation has a trailing twelve months EPS of $-0.83.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -3.44%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 16, 2023, the estimated forward annual dividend rate is 2.76 and the estimated forward annual dividend yield is 14.95%.
Sales Growth
Portman Ridge Finance Corporation’s sales growth is 2.3% for the ongoing quarter and negative 8.4% for the next.
Volume
Today’s last reported volume for Portman Ridge Finance Corporation is 29117 which is 49.04% below its average volume of 57144.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.3%, now sitting on 77.14M for the twelve trailing months.
3. Compass Diversified Holdings Shares of Beneficial Interest (CODI)
404.62% Payout Ratio
Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice. The firm prefers to invest in companies based in North America. It seeks to invest between $100 million and $800 million in companies with an EBITDA between $15 million to $80 million. It seeks to acquire controlling ownership interests in its portfolio companies and can make additional platform acquisitions. The firm prefer to have majority stake in companies. The firm invests through its balance sheet and typically holds investments between five to seven years. Compass Diversified was founded in 2005 and is based in Westport, Connecticut with an additional office in Costa Mesa, California.
Earnings Per Share
As for profitability, Compass Diversified Holdings Shares of Beneficial Interest has a trailing twelve months EPS of $-0.93.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.51%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Compass Diversified Holdings Shares of Beneficial Interest’s EBITDA is 49.45.
Sales Growth
Compass Diversified Holdings Shares of Beneficial Interest’s sales growth is negative 3.1% for the current quarter and 2.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 2.3B for the twelve trailing months.
Moving Average
Compass Diversified Holdings Shares of Beneficial Interest’s worth is higher than its 50-day moving average of $21.81 and higher than its 200-day moving average of $20.54.
4. MFS High Income Municipal Trust (CXE)
222.86% Payout Ratio
MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS High Income Municipal Trust has a trailing twelve months EPS of $0.07.
PE Ratio
MFS High Income Municipal Trust has a trailing twelve months price to earnings ratio of 51.86. Meaning, the purchaser of the share is investing $51.86 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 1.92%.
Moving Average
MFS High Income Municipal Trust’s value is above its 50-day moving average of $3.55 and higher than its 200-day moving average of $3.41.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 13, 2024, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 4.27%.
Volume
Today’s last reported volume for MFS High Income Municipal Trust is 66916 which is 21.73% below its average volume of 85501.
5. Ennis (EBF)
58.48% Payout Ratio
Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, Specialized Printed Forms, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and Ace Forms brands. It also provides point of purchase advertising for large franchise and fast food chains, as well as kitting and fulfillment under the Adams McClure brand; and presentation folders and document folders under the Admore, Folder Express, and Independent Folders brands. In addition, the company offers custom printed, high performance labels, and custom and stock tags under the Ennis Tag & Label brands; custom and stock tags and labels under the Allen-Bailey Tag & Label, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners brands; custom and imprinted envelopes under the Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation brands; and financial and security documents under the Northstar and General Financial Supply brands. It distributes business products and forms through independent distributors. The company was formerly known as Ennis Business Forms, Inc. Ennis, Inc. was founded in 1909 and is headquartered in Midlothian, Texas.
Earnings Per Share
As for profitability, Ennis has a trailing twelve months EPS of $1.71.
PE Ratio
Ennis has a trailing twelve months price to earnings ratio of 11.8. Meaning, the purchaser of the share is investing $11.8 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 13.35%.
Yearly Top and Bottom Value
Ennis’s stock is valued at $20.18 at 07:23 EST, way below its 52-week high of $23.17 and higher than its 52-week low of $18.94.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 3, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 4.96%.
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.
