(VIANEWS) – Star Bulk Carriers Corp. (SBLK), San Juan Basin Royalty Trust (SJT), Saga Communications (SGA) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Star Bulk Carriers Corp. (SBLK)
137.18% Payout Ratio
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.
Earnings Per Share
As for profitability, Star Bulk Carriers Corp. has a trailing twelve months EPS of $2.75.
PE Ratio
Star Bulk Carriers Corp. has a trailing twelve months price to earnings ratio of 6.27. Meaning, the purchaser of the share is investing $6.27 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 13.94%.
Yearly Top and Bottom Value
Star Bulk Carriers Corp.’s stock is valued at $17.24 at 02:23 EST, way below its 52-week high of $25.03 and above its 52-week low of $16.57.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 76.7% and a negative 11.1%, respectively.
2. San Juan Basin Royalty Trust (SJT)
100% Payout Ratio
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland's oil and natural gas interests (the Subject Interests) in properties located in the San Juan Basin in northwestern New Mexico. The Subject Interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico, as well as 1,140.0 net wells. BBVA USA serves as the trustee of the San Juan Basin Royalty Trust. The company was founded in 1980 and is based in Houston, Texas.
Earnings Per Share
As for profitability, San Juan Basin Royalty Trust has a trailing twelve months EPS of $2.02.
PE Ratio
San Juan Basin Royalty Trust has a trailing twelve months price to earnings ratio of 3.27. Meaning, the purchaser of the share is investing $3.27 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 3078.35%.
Moving Average
San Juan Basin Royalty Trust’s value is below its 50-day moving average of $7.31 and way below its 200-day moving average of $9.26.
Yearly Top and Bottom Value
San Juan Basin Royalty Trust’s stock is valued at $6.60 at 02:23 EST, way under its 52-week high of $12.32 and above its 52-week low of $6.45.
Earnings Before Interest, Taxes, Depreciation, and Amortization
San Juan Basin Royalty Trust’s EBITDA is 3.21.
Volume
Today’s last reported volume for San Juan Basin Royalty Trust is 502744 which is 2.97% below its average volume of 518148.
3. Saga Communications (SGA)
71.94% Payout Ratio
Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. As of February 28, 2022, it owned seventy-nine FM, thirty- four AM radio stations, and seventy-nine metro signals serving twenty-seven markets. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.
Earnings Per Share
As for profitability, Saga Communications has a trailing twelve months EPS of $1.39.
PE Ratio
Saga Communications has a trailing twelve months price to earnings ratio of 15.44. Meaning, the purchaser of the share is investing $15.44 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 4.43%.
Moving Average
Saga Communications’s worth is higher than its 50-day moving average of $21.30 and under its 200-day moving average of $22.90.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 114.58M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 18, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 4.68%.
4. Progress Software Corporation (PRGS)
37.84% Payout Ratio
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Earnings Per Share
As for profitability, Progress Software Corporation has a trailing twelve months EPS of $1.85.
PE Ratio
Progress Software Corporation has a trailing twelve months price to earnings ratio of 31.32. Meaning, the purchaser of the share is investing $31.32 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 20.55%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.8%, now sitting on 650.82M for the twelve trailing months.
Yearly Top and Bottom Value
Progress Software Corporation’s stock is valued at $57.95 at 02:23 EST, below its 52-week high of $62.34 and way above its 52-week low of $40.33.
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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
