(VIANEWS) – Morningstar (MORN), Stellus Capital Investment Corporation (SCM), Allianceberstein Holding L.P. Units (AB) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up to now. 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 researching 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. Morningstar (MORN)
367.5% Payout Ratio
Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. The company offers web-based tools; investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index, as well as environmental, social, and governance (ESG) rating services; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors. It also provides Morningstar Data, an investment data spanning various databases, including equity fundamentals, managed investments, ESG factors, and market data; Morningstar Direct, an investment-analysis platform; Morningstar Managed Portfolios, an advisor service consisting of model portfolio that offers services for independent financial advisors, as well as offers asset allocation services for asset managers, broker/dealers, and insurance providers; Morningstar Advisor Workstation, a web-based research, financial planning, and proposal generation platform; and Morningstar.com, a website for individual investors. In addition, the company offers Morningstar Enterprise Components; Morningstar Credit Ratings that provides issuance and surveillance services for structured finance products and instruments; corporate credit estimates and operational risk assessment rankings; Morningstar Indexes for creating investment products; Morningstar workplace solutions, such as retirement accounts, fiduciary services, allocation funds, and custom models; and PitchBook Platform, research and analysis workstation for investment and research professionals. Further, its PitchBook provides a mobile application, excel plug-in, data feeds, and data solutions. The company was incorporated in 1984 and is headquartered in Chicago, Illinois.
EWJ has returned 10.6% so far this year (read: Follow Buffett and Munger With These ETFs).JPMorgan BetaBuilders Japan ETF (BBJP Quick QuoteBBJP – Free Report) JPMorgan BetaBuilders Japan ETF follows the Morningstar Japan Target Market Exposure Index, which is a free-float adjusted market-cap weighted index consisting of stocks traded primarily on the Tokyo and Nagoya Stock Exchanges.
Earnings Per Share
As for profitability, Morningstar has a trailing twelve months EPS of $0.39.
PE Ratio
Morningstar has a trailing twelve months price to earnings ratio of 480.87. Meaning, the purchaser of the share is investing $480.87 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 1.31%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 5, 2023, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 0.8%.
Moving Average
Morningstar’s value is below its 50-day moving average of $195.78 and way under its 200-day moving average of $223.69.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Morningstar’s EBITDA is 4.54.
Previous days news about Morningstar (MORN)
- According to Zacks on Monday, 15 May, "The underlying Morningstar US Dividend and Buyback Index is composed of U.S. stocks with a history of dividend payments and share buybacks."
2. Stellus Capital Investment Corporation (SCM)
151.3% Payout Ratio
Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada. The fund seeks to invest in companies with an EBITDA between $5 million and $50 million.
Earnings Per Share
As for profitability, Stellus Capital Investment Corporation has a trailing twelve months EPS of $0.74.
PE Ratio
Stellus Capital Investment Corporation has a trailing twelve months price to earnings ratio of 18.96. Meaning, the purchaser of the share is investing $18.96 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 5.17%.
Yearly Top and Bottom Value
Stellus Capital Investment Corporation’s stock is valued at $14.03 at 14:23 EST, way under its 52-week high of $16.08 and way above its 52-week low of $11.02.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 57.1% and 40.6%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 11.21%.
Sales Growth
Stellus Capital Investment Corporation’s sales growth is 52.4% for the current quarter and 49% for the next.
3. Allianceberstein Holding L.P. Units (AB)
122.41% Payout Ratio
AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.
Earnings Per Share
As for profitability, Allianceberstein Holding L.P. Units has a trailing twelve months EPS of $2.41.
PE Ratio
Allianceberstein Holding L.P. Units has a trailing twelve months price to earnings ratio of 14.51. Meaning, the purchaser of the share is investing $14.51 for every dollar of annual earnings.
Sales Growth
Allianceberstein Holding L.P. Units’s sales growth is 5.1% for the present quarter and 2.3% for the next.
Yearly Top and Bottom Value
Allianceberstein Holding L.P. Units’s stock is valued at $34.96 at 14:23 EST, way under its 52-week high of $45.75 and way above its 52-week low of $31.31.
4. Whitestone REIT (WSR)
73.85% Payout Ratio
Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone's strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.
Earnings Per Share
As for profitability, Whitestone REIT has a trailing twelve months EPS of $0.65.
PE Ratio
Whitestone REIT has a trailing twelve months price to earnings ratio of 13.32. Meaning, the purchaser of the share is investing $13.32 for every dollar of annual earnings.
Moving Average
Whitestone REIT’s value is below its 50-day moving average of $8.98 and under its 200-day moving average of $9.57.
5. Maximus (MMS)
36.25% Payout Ratio
MAXIMUS, Inc. provides business process services (BPS) to government health and human services programs worldwide. It operates through three segments: U.S. Health and Human Services, U.S. Federal Services, and Outside the U.S. The U.S. Health and Human Services segment offers various BPS, appeals, and assessments for state, provincial, and national government programs, including Medicaid, Children's Health Insurance Program, Affordable Care Act, Health Insurance British Columbia, Health Assessment Advisory Service contract, and Preadmission Screening and Resident Reviews. This segment offers program eligibility support and enrollment; application assistance and independent health plan enrollment counseling; and beneficiary outreach, education, eligibility, enrollment, and renewal. It also provides independent disability, long-term sick, and other health assessment; specialized consulting; and centralized multilingual customer contact centers and multichannel self-service options for enrollment. The U.S. Federal Services segment offers centralized citizen engagement centers and support services; document and record management; case management, citizen support, and consumer education; independent medical reviews and worker's compensation benefit appeals; and Medicare and Medicaid appeals, and program eligibility appeals. It also provides modernization of systems and information technology infrastructure; infrastructure operations and support services; software development, operations, and management services; and data analytics services. The Outside the U.S. segment offers BPS solutions for governments and commercial clients outside the United States, including health and disability assessments, program administration for welfare-to-work services, and other related services. The company was founded in 1975 and is headquartered in Reston, Virginia.
Earnings Per Share
As for profitability, Maximus has a trailing twelve months EPS of $3.09.
PE Ratio
Maximus has a trailing twelve months price to earnings ratio of 26.61. Meaning, the purchaser of the share is investing $26.61 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 12.25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 4.73B for the twelve trailing months.
6. Hope Bancorp (HOPE)
34.15% Payout Ratio
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Hope Bancorp has a trailing twelve months EPS of $1.64.
PE Ratio
Hope Bancorp has a trailing twelve months price to earnings ratio of 4.62. Meaning, the purchaser of the share is investing $4.62 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 9.59%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 7.4%.
Yearly Top and Bottom Value
Hope Bancorp’s stock is valued at $7.57 at 14:23 EST, way below its 52-week high of $15.73 and above its 52-week low of $7.42.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 27.9% and a negative 31.1%, respectively.
