(VIANEWS) – Monroe Capital Corporation (MRCC), Blackstone GSO Long Short Credit Income Fund (BGX), Universal Corporation (UVV) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 distribute 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. Monroe Capital Corporation (MRCC)
270.27% Payout Ratio
Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants. It also provides financing primarily to buyouts in lower middle-market companies. It focuses to invest in the United States and Canada. The fund prefers to invest in companies with EBITDA between $3 and $35 million.
Earnings Per Share
As for profitability, Monroe Capital Corporation has a trailing twelve months EPS of $0.37.
PE Ratio
Monroe Capital Corporation has a trailing twelve months price to earnings ratio of 21.11. Meaning, the purchaser of the share is investing $21.11 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 3.78%.
Yearly Top and Bottom Value
Monroe Capital Corporation’s stock is valued at $7.81 at 14:23 EST, under its 52-week high of $8.14 and way above its 52-week low of $6.69.
2. Blackstone GSO Long Short Credit Income Fund (BGX)
114.48% Payout Ratio
Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in loans and fixed-income instruments of corporate issuers, including first and second lien secured loans and high-yield corporate debt securities of varying maturities. The fund seeks to invest in securities rated below investment grade. It employs fundamental analysis using a research-driven credit approach to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of 70% S&P/LSTA Leveraged Loan Index and 30% Barclays US High Yield Index. It was formerly known as Blackstone / GSO Dynamic Credit Income Fund. Blackstone / GSO Long-Short Credit Income Fund was formed on October 22, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackstone GSO Long Short Credit Income Fund has a trailing twelve months EPS of $1.63.
PE Ratio
Blackstone GSO Long Short Credit Income Fund has a trailing twelve months price to earnings ratio of 7.9. Meaning, the purchaser of the share is investing $7.9 for every dollar of annual earnings.
Volume
Today’s last reported volume for Blackstone GSO Long Short Credit Income Fund is 79956 which is 29.02% above its average volume of 61971.
Moving Average
Blackstone GSO Long Short Credit Income Fund’s value is higher than its 50-day moving average of $12.81 and higher than its 200-day moving average of $12.34.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 23, 2023, the estimated forward annual dividend rate is 1.34 and the estimated forward annual dividend yield is 12.09%.
3. Universal Corporation (UVV)
65.91% Payout Ratio
Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, natural wrapped cigars and cigarillos, smokeless, and pipe tobacco products. It also provides value-added services, including blending, chemical, and physical testing of tobacco; service cutting for various manufacturers; manufacturing reconstituted leaf tobacco; just-in-time inventory management services; electronic nicotine delivery systems; and smoke testing services for customers. In addition, the company offers testing services for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors; and analytical services that include chemical compound testing in finished tobacco products and mainstream smoke. Further, it provides a various value-added manufacturing processes to produce specialty vegetable and fruit-based ingredients, as well as botanical extracts and flavorings for human and pet food markets; and recycles waste materials from tobacco production. Universal Corporation was founded in 1886 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Universal Corporation has a trailing twelve months EPS of $4.87.
PE Ratio
Universal Corporation has a trailing twelve months price to earnings ratio of 10.77. Meaning, the purchaser of the share is investing $10.77 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 9.47%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.3%, now sitting on 2.83B for the twelve trailing months.
Moving Average
Universal Corporation’s value is higher than its 50-day moving average of $51.76 and under its 200-day moving average of $53.06.
4. MEDIFAST (MED)
61.57% Payout Ratio
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through direct ecommerce platform and franchise weight control center channels. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.
Earnings Per Share
As for profitability, MEDIFAST has a trailing twelve months EPS of $2.68.
PE Ratio
MEDIFAST has a trailing twelve months price to earnings ratio of 7.05. Meaning, the purchaser of the share is investing $7.05 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 15.01%.
Moving Average
MEDIFAST’s value is under its 50-day moving average of $19.28 and way under its 200-day moving average of $36.23.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 113.2% and a negative 134.5%, respectively.
5. Aberdeen Japan Equity Fund (JEQ)
46.72% Payout Ratio
Aberdeen Japan Equity Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio. The fund employs a quantitative analysis to create its portfolio. It benchmarks the performance of its portfolio against the TOPIX Index. The fund was previously known as Japan Equity Fund, Inc. Aberdeen Japan Equity Fund, Inc. was formed on July 12, 1990 and is domiciled in the United States.
Earnings Per Share
As for profitability, Aberdeen Japan Equity Fund has a trailing twelve months EPS of $0.9.
PE Ratio
Aberdeen Japan Equity Fund has a trailing twelve months price to earnings ratio of 6.94. Meaning, the purchaser of the share is investing $6.94 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 13.38%.
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%.
