(VIANEWS) – Horizon Technology Finance Corporation (HRZN), Cherry Hill Mortgage Investment Corporation (CHMI), BlackRock Science and Technology Trust (BST) 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)
224.56% 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 $-0.07.
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 -0.77%.
Moving Average
Horizon Technology Finance Corporation’s worth is above its 50-day moving average of $11.82 and higher than its 200-day moving average of $12.02.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 27, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 10.88%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 5% and a drop 8.7% for the next.
2. Cherry Hill Mortgage Investment Corporation (CHMI)
180% Payout Ratio
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS, Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and residential mortgage-backed securities (RMBS). The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.
Earnings Per Share
As for profitability, Cherry Hill Mortgage Investment Corporation has a trailing twelve months EPS of $-2.17.
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 -13.6%.
Moving Average
Cherry Hill Mortgage Investment Corporation’s value is way higher than its 50-day moving average of $3.48 and way below its 200-day moving average of $4.59.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cherry Hill Mortgage Investment Corporation’s EBITDA is -22.19.
Yearly Top and Bottom Value
Cherry Hill Mortgage Investment Corporation’s stock is valued at $4.03 at 10:23 EST, way under its 52-week high of $7.24 and way above its 52-week low of $2.77.
3. BlackRock Science and Technology Trust (BST)
84.99% Payout Ratio
BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector. It invests in dividend paying and growth stocks of companies operating across all market capitalizations. BlackRock Science and Technology Trust was formed on 28 October, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Science and Technology Trust has a trailing twelve months EPS of $3.53.
PE Ratio
BlackRock Science and Technology Trust has a trailing twelve months price to earnings ratio of 9.61. Meaning, the purchaser of the share is investing $9.61 for every dollar of annual earnings.
Yearly Top and Bottom Value
BlackRock Science and Technology Trust’s stock is valued at $33.92 at 10:23 EST, under its 52-week high of $35.38 and way above its 52-week low of $27.90.
4. United Microelectronics (UMC)
65.54% Payout Ratio
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. The company was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
Earnings Per Share
As for profitability, United Microelectronics has a trailing twelve months EPS of $0.89.
PE Ratio
United Microelectronics has a trailing twelve months price to earnings ratio of 8.71. Meaning, the purchaser of the share is investing $8.71 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 20.94%.
5. The Cheesecake Factory Incorporated (CAKE)
62.07% Payout Ratio
The Cheesecake Factory Incorporated operates restaurants. It operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. As of October 27, 2022, the company owned and operated 312 restaurants in the United States and Canada under brands, including The Cheesecake Factory, North Italia, and a collection of Fox Restaurant Concepts, as well as 29 The Cheesecake Factory restaurants under licensing agreements internationally. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.
Earnings Per Share
As for profitability, The Cheesecake Factory Incorporated has a trailing twelve months EPS of $1.74.
PE Ratio
The Cheesecake Factory Incorporated has a trailing twelve months price to earnings ratio of 19.09. Meaning, the purchaser of the share is investing $19.09 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 26.47%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.9%, now sitting on 3.46B for the twelve trailing months.
Volume
Today’s last reported volume for The Cheesecake Factory Incorporated is 712208 which is 19.87% below its average volume of 888854.
Moving Average
The Cheesecake Factory Incorporated’s worth is higher than its 50-day moving average of $30.89 and higher than its 200-day moving average of $33.14.
Yearly Top and Bottom Value
The Cheesecake Factory Incorporated’s stock is valued at $33.21 at 10:23 EST, way below its 52-week high of $41.28 and way higher than its 52-week low of $28.58.
6. NetApp (NTAP)
61.73% Payout Ratio
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. In addition, it provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, and cloud operations services, such as NetApp Cloud Insights, Spot by NetApp, and Instaclustr. Further, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Additionally, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, NetApp has a trailing twelve months EPS of $3.24.
PE Ratio
NetApp has a trailing twelve months price to earnings ratio of 27.65. Meaning, the purchaser of the share is investing $27.65 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 70.18%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 22.6% and 12.3%, respectively.
Yearly Top and Bottom Value
NetApp’s stock is valued at $89.57 at 10:23 EST, under its 52-week high of $91.78 and way above its 52-week low of $58.08.
Volume
Today’s last reported volume for NetApp is 881539 which is 49.51% below its average volume of 1746270.
Previous days news about NetApp (NTAP)
- According to FXStreet on Tuesday, 5 December, "For the third quarter, NetApp guided for earnings per share (EPS) between $1.17 and $1.27, up from $1.10 in Q2, while for the full year, the company projects EPS of $4.15 to $4.35, which is higher than the earlier guidance.", "NetApp and Salesforce are certainly stocks worth doing a deeper dive on, with NetApp being more favorably valued. "
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
