(VIANEWS) – Permian Basin Royalty Trust (PBT), Hercules Technology Growth Capital (HTGC), 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 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 issue them.
When investigating 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. Permian Basin Royalty Trust (PBT)
100.03% Payout Ratio
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, Devonian, and Waddell fields located in Crane County, Texas. As of December 31, 2019, the Waddell Ranch properties contained 332 net productive oil wells, 106 net productive gas wells, and 120 net injection wells. The company also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. The Texas Royalty properties comprised approximately 125 separate royalty interests containing approximately 51,000 net producing acres. Permian Basin Royalty Trust was founded in 1980 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Permian Basin Royalty Trust has a trailing twelve months EPS of $1.17.
PE Ratio
Permian Basin Royalty Trust has a trailing twelve months price to earnings ratio of 19.99. Meaning, the purchaser of the share is investing $19.99 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 18941.6%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28%, now sitting on 55.61M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 0.63 and the estimated forward annual dividend yield is 2.78%.
Moving Average
Permian Basin Royalty Trust’s value is under its 50-day moving average of $24.42 and above its 200-day moving average of $22.47.
2. Hercules Technology Growth Capital (HTGC)
95.33% Payout Ratio
Hercules Capital, Inc. is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups, to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies. The firm provides growth capital financing solutions for capital extension; management buy-out and corporate spin-out financing solutions; company, asset specific, or intellectual property acquisition financing; convertible, subordinated and/or mezzanine loans; domestic and international corporate expansion; vendor financing; revenue acceleration by sales and marketing development, and manufacturing expansion. It provides asset-based financing with a focus on cash flow; accounts receivable facilities; equipment loans or leases; equipment acquisition; facilities build-out and/or expansion; working capital revolving lines of credit; inventory. The firm also provides bridge financing to IPO or mergers and acquisitions or technology acquisition; dividend recapitalizations and other sources of investor liquidity; cash flow financing to protect against share price volatility; competitor acquisition; pre-IPO financing for extra cash on the balance sheet; public company financing to continue asset growth and production capacity; short-term bridge financing; and strategic and intellectual property acquisition financings. It also focuses on customized financing solutions, emerging growth, mid venture, and late venture financing. The firm invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The firm generally seeks to invest in companies that have been operating for at least six to 12 months prior to the date of their investment. It prefers to invest in technology, energy technology, sustainable and renewable technology, and life sciences. Within technology the firm focuses on advanced specialty materials and chemicals; communication and networking, consumer and business products; consumer products and services, digital media and consumer internet; electronics and computer hardware; enterprise software and services; gaming; healthcare services; information services; business services; media, content and information; mobile; resource management; security software; semiconductors; semiconductors and hardware; and software sector. Within energy technology, it invests in agriculture; clean technology; energy and renewable technology, fuels and power technology; geothermal; smart grid and energy efficiency and monitoring technologies; solar; and wind. Within life sciences, the firm invests in biopharmaceuticals; biotechnology tools; diagnostics; drug discovery, development and delivery; medical devices and equipment; surgical devices; therapeutics; pharma services; and specialty pharmaceuticals. It also invests in educational services. The firm invests primarily in United States based companies and considers investment in the West Coast, Mid-Atlantic regions, Southeast and Midwest; particularly in the areas of software, biotech and information services. The firm prefers to invest between $10 million to $250 million in equity per transactions. It invests generally between $1 million to $40 million in companies focused primarily on business services, communications, electronics, hardware, and healthcare services. The firm invests primarily in private companies but also have investments in public companies. For equity investments, the firm seeks to represent a controlling interest in its portfolio companies which may exceed 25% of the voting securities of such companies. The firm seeks to invest a limited portion of its assets in equipment-based loans to early-stage prospective portfolio companies. These loans are generally for amounts up to $3 million but may be up to $15 million for certain energy technology venture investments. The firm allows certain debt investments have the right to convert a portion of the debt investment into equity. It also co-invests with other private equity firms. The firm seeks to exit its investments through initial public offering, a private sale of equity interest to a third party, a merger or an acquisition of the company or a purchase of the equity position by the company or one of its stockholders. The firm has structured debt with warrants which typically have maturities of between two and seven years with an average of three years; senior debt with an investment horizon of less than three years; equipment loans with an investment horizon ranging from three to four years; and equity related securities with an investment horizon ranging from three to seven years. The firm prefers to invest through its balance sheet capital. The firm formerly known as Hercules Technology Growth Capital, Inc. Hercules Capital, Inc. was founded in December 2003 and is based in Palo Alto, California with additional offices in Connecticut; Boston, Massachusetts; San Diego, California; Westport, Connecticut; Elmhurst, Illinois; Santa Monica, California; McLean, Virginia; New York, New York; Radnor, Pennsylvania; and Washington, District of Columbia and London, United Kingdom.
Earnings Per Share
As for profitability, Hercules Technology Growth Capital has a trailing twelve months EPS of $1.48.
PE Ratio
Hercules Technology Growth Capital has a trailing twelve months price to earnings ratio of 10.63. Meaning, the purchaser of the share is investing $10.63 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 14.12%.
Yearly Top and Bottom Value
Hercules Technology Growth Capital’s stock is valued at $15.73 at 20:23 EST, under its 52-week high of $16.28 and way above its 52-week low of $10.94.
Moving Average
Hercules Technology Growth Capital’s value is way above its 50-day moving average of $14.21 and way above its 200-day moving average of $13.74.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 14, 2023, the estimated forward annual dividend rate is 1.95 and the estimated forward annual dividend yield is 12.54%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 53.1% and 23.1%, respectively.
3. CVR Partners, LP (UAN)
88.01% Payout Ratio
CVR Partners, LP, together with its subsidiaries, engages in the production and sale of 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 incorporated in 2007 and is headquartered in Sugar Land, Texas.
Earnings Per Share
As for profitability, CVR Partners, LP has a trailing twelve months EPS of $27.93.
PE Ratio
CVR Partners, LP has a trailing twelve months price to earnings ratio of 2.79. Meaning, the purchaser of the share is investing $2.79 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 76.61%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.5%, now sitting on 838.97M for the twelve trailing months.
Sales Growth
CVR Partners, LP’s sales growth for the current quarter is 4.9%.
Moving Average
CVR Partners, LP’s worth is way below its 50-day moving average of $87.74 and way under its 200-day moving average of $102.85.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CVR Partners, LP’s EBITDA is 1.54.
4. First Industrial Realty Trust (FR)
41.99% Payout Ratio
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.
Earnings Per Share
As for profitability, First Industrial Realty Trust has a trailing twelve months EPS of $2.83.
PE Ratio
First Industrial Realty Trust has a trailing twelve months price to earnings ratio of 19.04. Meaning, the purchaser of the share is investing $19.04 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 16.89%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
First Industrial Realty Trust’s EBITDA is 93.46.
Moving Average
First Industrial Realty Trust’s worth is above its 50-day moving average of $52.53 and higher than its 200-day moving average of $50.58.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 68.2% and a negative 68.1%, respectively.
