(VIANEWS) – Solar Capital Ltd. (SLRC), Eaton Vance Floating Rate Income Trust (EFT), BlackRock New York Municipal Income Trust (BNY) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio as yet. 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 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. Solar Capital Ltd. (SLRC)
123.31% Payout Ratio
Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. The fund primarily invests in United States. The fund's investments generally range between $5 million and $100 million. The fund invests in companies with revenues between $50 million and $1 billion and EBITDA between $15 million and $100 million. It invests in the form of senior secured loans, mezzanine loans, and equity securities. It may also seek investments in thinly traded public companies and also make secondary investments. The fund makes non-control equity investments. It primarily exits within three years of the initial capital commitment.
Earnings Per Share
As for profitability, Solar Capital Ltd. has a trailing twelve months EPS of $1.33.
PE Ratio
Solar Capital Ltd. has a trailing twelve months price to earnings ratio of 11.29. Meaning, the purchaser of the share is investing $11.29 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 7.21%.
Yearly Top and Bottom Value
Solar Capital Ltd.’s stock is valued at $15.01 at 07:23 EST, under its 52-week high of $16.09 and way above its 52-week low of $13.48.
2. Eaton Vance Floating Rate Income Trust (EFT)
73.74% Payout Ratio
Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Floating Rate Income Trust has a trailing twelve months EPS of $1.73.
PE Ratio
Eaton Vance Floating Rate Income Trust has a trailing twelve months price to earnings ratio of 7.56. Meaning, the purchaser of the share is investing $7.56 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 13.87%.
Volume
Today’s last reported volume for Eaton Vance Floating Rate Income Trust is 85648 which is 21.69% below its average volume of 109378.
Yearly Top and Bottom Value
Eaton Vance Floating Rate Income Trust’s stock is valued at $13.08 at 07:23 EST, below its 52-week high of $13.44 and way above its 52-week low of $11.09.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 21, 2024, the estimated forward annual dividend rate is 1.42 and the estimated forward annual dividend yield is 10.84%.
Moving Average
Eaton Vance Floating Rate Income Trust’s value is higher than its 50-day moving average of $12.97 and higher than its 200-day moving average of $12.19.
3. BlackRock New York Municipal Income Trust (BNY)
65.43% Payout Ratio
BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock New York Municipal Income Trust has a trailing twelve months EPS of $-0.03.
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 -0.49%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 4.87%.
Volume
Today’s last reported volume for BlackRock New York Municipal Income Trust is 65743 which is 3.25% above its average volume of 63672.
Yearly Top and Bottom Value
BlackRock New York Municipal Income Trust’s stock is valued at $10.64 at 07:23 EST, below its 52-week high of $10.80 and way above its 52-week low of $8.60.
4. Standard Motor Products (SMP)
40.7% Payout Ratio
Standard Motor Products, Inc. manufactures and distributes replacement parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry with a complementary focus on specialized original equipment parts for manufacturers across agriculture, heavy duty, and construction equipment industries. The company's Engine Management segment provides electronic ignition control modules, camshaft and crankshaft position sensors, ignition wires and coils, switches and relays, exhaust gas recirculation valves, pressure and temperature sensors, variable valve timing components, mass airflow and fuel pressure sensors, electronic throttle bodies, and diesel injectors and pumps; and anti-lock brake, vehicle speed, tire pressure monitoring, and park assist sensors. This segment offers its products under the Standard, Blue Streak, BWD, Intermotor, OEM, SMP Blue Streak Canada, GP Sorensen, Locksmart, Standard Motorcycle, and Blue Streak Race Wires brands. Its Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, ACI, Hayden, Factory Air, and Maxair brands. Its products include air conditioning compressors and repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, actuators, hose assemblies, thermal expansion devices, heater valves, heater cores, A/C service tools and chemicals, fan assemblies, fan clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company serves primarily automotive aftermarket retailers, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico, and other Latin American countries. The company was founded in 1919 and is headquartered in Long Island City, New York.
Earnings Per Share
As for profitability, Standard Motor Products has a trailing twelve months EPS of $2.85.
PE Ratio
Standard Motor Products has a trailing twelve months price to earnings ratio of 10.91. Meaning, the purchaser of the share is investing $10.91 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 9.96%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 39.3% and a negative 3.6%, respectively.
5. Middlefield Banc Corp. (MBCN)
37.38% Payout Ratio
Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021. The bank operates 16 full-service banking centers and an LPL Financial® brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio. Additional information is available at www.middlefieldbank.bank.
Earnings Per Share
As for profitability, Middlefield Banc Corp. has a trailing twelve months EPS of $2.14.
PE Ratio
Middlefield Banc Corp. has a trailing twelve months price to earnings ratio of 12.15. Meaning, the purchaser of the share is investing $12.15 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 8.61%.
Volume
Today’s last reported volume for Middlefield Banc Corp. is 14110 which is 8.43% below its average volume of 15409.
Sales Growth
Middlefield Banc Corp.’s sales growth is negative 6.8% for the ongoing quarter and negative 10.8% for the next.
Yearly Top and Bottom Value
Middlefield Banc Corp.’s stock is valued at $26.00 at 07:23 EST, way under its 52-week high of $37.00 and way above its 52-week low of $22.09.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.08%.
6. Ralph Lauren Corporation (RL)
34.01% Payout Ratio
Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men's, women's, and children's clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, lighting, tabletop, kitchen linens, floor coverings, and giftware; and fragrances. It sells apparel and accessories under the Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Golf Ralph Lauren, Ralph Lauren Golf, RLX Ralph Lauren, Polo Ralph Lauren Children, and Chaps brands; women's fragrances under the Ralph Lauren Collection, Woman by Ralph Lauren, Romance Collection, and Ralph Collection brand names; and men's fragrances under the Polo Blue, Ralph's Club, Safari, Purple Label, Polo Red, Polo Green, Polo Black, Polo Sport, and Big Pony Men's brand names. The company's restaurant collection includes The Polo Bar in New York City; RL Restaurant in Chicago; Ralph's in Paris; The Bar at Ralph Lauren located in Milan; and Ralph's Coffee concept. It sells its products to department stores, specialty stores, and golf and pro shops, as well as directly to consumers through its retail stores, concession-based shop-within-shops, and its digital commerce sites. The company directly operates 504 retail stores and 684 concession-based shop-within-shops; and operates 175 Ralph Lauren stores, 329 factory stores, and 148 stores and shops through licensing partners. Ralph Lauren Corporation was founded in 1967 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Ralph Lauren Corporation has a trailing twelve months EPS of $8.82.
PE Ratio
Ralph Lauren Corporation has a trailing twelve months price to earnings ratio of 20.97. Meaning, the purchaser of the share is investing $20.97 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 23.33%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Ralph Lauren Corporation’s EBITDA is 1.92.
Volume
Today’s last reported volume for Ralph Lauren Corporation is 678389 which is 23.9% below its average volume of 891472.
Moving Average
Ralph Lauren Corporation’s worth is way higher than its 50-day moving average of $155.75 and way above its 200-day moving average of $128.83.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.6%, now sitting on 6.6B for the twelve trailing months.
Previous days news about Ralph Lauren Corporation (RL)
- According to Zacks on Friday, 1 March, "In this context, stocks like Ralph Lauren Corporation (RL Quick QuoteRL – Free Report) , Synopsys, Inc. (SNPS Quick QuoteSNPS – Free Report) and Advanced Drainage Systems, Inc. (WMS Quick QuoteWMS – Free Report) are worth betting on."
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%.
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).
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
