(VIANEWS) – Orchid Island Capital (ORC), Gladstone Land Corporation (LAND), Piedmont Office Realty Trust (PDM) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio up until 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 distribute them.
When investigating 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. Orchid Island Capital (ORC)
1300% Payout Ratio
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its stockholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.
Earnings Per Share
As for profitability, Orchid Island Capital has a trailing twelve months EPS of $-0.17.
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 -7.25%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 177.8% and positive 12.5% for the next.
Volume
Today’s last reported volume for Orchid Island Capital is 1385540 which is 3.24% below its average volume of 1431960.
Moving Average
Orchid Island Capital’s worth is way above its 50-day moving average of $7.27 and below its 200-day moving average of $9.30.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 27, 2023, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 16.71%.
2. Gladstone Land Corporation (LAND)
242.41% Payout Ratio
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 127 farms, comprised of approximately 94,000 acres in 13 different states, valued at approximately $1.0 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, apples, figs, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 10 to 20-plus years and harvested annually. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. The Company pays monthly distributions to its stockholders and has paid 93 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 20 times over the prior 23 quarters, and the current per-share distribution on its common stock is $0.0449 per month, or $0.5388 per year.
Earnings Per Share
As for profitability, Gladstone Land Corporation has a trailing twelve months EPS of $-0.29.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.93%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.8%, now sitting on 90.63M for the twelve trailing months.
Yearly Top and Bottom Value
Gladstone Land Corporation’s stock is valued at $14.64 at 13:23 EST, way under its 52-week high of $20.55 and higher than its 52-week low of $13.35.
3. Piedmont Office Realty Trust (PDM)
167.78% Payout Ratio
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). Piedmont is a 2023 ENERGY STAR Partner of the Year.
Earnings Per Share
As for profitability, Piedmont Office Realty Trust has a trailing twelve months EPS of $0.45.
PE Ratio
Piedmont Office Realty Trust has a trailing twelve months price to earnings ratio of 15.8. Meaning, the purchaser of the share is investing $15.8 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 3.1%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2%, now sitting on 579.63M for the twelve trailing months.
Moving Average
Piedmont Office Realty Trust’s worth is way higher than its 50-day moving average of $6.05 and above its 200-day moving average of $6.57.
4. ProLogis (PLD)
108.28% Payout Ratio
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At September 30, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (114 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.
Earnings Per Share
As for profitability, ProLogis has a trailing twelve months EPS of $3.14.
PE Ratio
ProLogis has a trailing twelve months price to earnings ratio of 42.7. Meaning, the purchaser of the share is investing $42.7 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 6.53%.
5. Western Gas Partners, LP Limited Partner Interests (WES)
89.24% Payout Ratio
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Earnings Per Share
As for profitability, Western Gas Partners, LP Limited Partner Interests has a trailing twelve months EPS of $2.71.
PE Ratio
Western Gas Partners, LP Limited Partner Interests has a trailing twelve months price to earnings ratio of 10.25. Meaning, the purchaser of the share is investing $10.25 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 36.82%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Western Gas Partners, LP Limited Partner Interests’s EBITDA is 5.71.
Sales Growth
Western Gas Partners, LP Limited Partner Interests’s sales growth is 12.5% for the current quarter and 19% for the next.
Moving Average
Western Gas Partners, LP Limited Partner Interests’s value is below its 50-day moving average of $28.04 and higher than its 200-day moving average of $26.97.
6. Whitestone REIT (WSR)
64% Payout Ratio
Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.
Earnings Per Share
As for profitability, Whitestone REIT has a trailing twelve months EPS of $0.75.
PE Ratio
Whitestone REIT has a trailing twelve months price to earnings ratio of 16.32. Meaning, the purchaser of the share is investing $16.32 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 9.03%.
Yearly Top and Bottom Value
Whitestone REIT’s stock is valued at $12.24 at 13:23 EST, under its 52-week high of $12.63 and way above its 52-week low of $8.21.
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.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
