(VIANEWS) – TriplePoint Venture Growth BDC Corp. (TPVG), Monarch Casino & Resort (MCRI), Rexford Industrial Realty (REXR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. TriplePoint Venture Growth BDC Corp. (TPVG)
847.06% Payout Ratio
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
Earnings Per Share
As for profitability, TriplePoint Venture Growth BDC Corp. has a trailing twelve months EPS of $-0.66.
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 -5.55%.
Moving Average
TriplePoint Venture Growth BDC Corp.’s value is below its 50-day moving average of $11.02 and below its 200-day moving average of $10.94.
2. Monarch Casino & Resort (MCRI)
140.48% Payout Ratio
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada. It also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. As of February 24, 2021, the company's Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms and suites; 8 food outlets; 2 gourmet coffee and pastry bars; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. Its Atlantis Casino Resort Spa also featured approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. In addition, the company's Monarch Casino Resort Spa Black Hawk featured approximately 60,000 square feet of casino space; approximately 1,200 slot machines; approximately 40 table games; 10 bars and lounges; 4 dining options; 516 guest rooms and suites; banquet and meeting room space; a retail store; a concierge lounge; an upscale spa and pool facility; and a nine-story parking structure with approximately 1,350 spaces, as well as valet parking with a total parking capacity to 1,500 spaces. Monarch Casino & Resort, Inc. was founded in 1972 and is based in Reno, Nevada.
Earnings Per Share
As for profitability, Monarch Casino & Resort has a trailing twelve months EPS of $4.2.
PE Ratio
Monarch Casino & Resort has a trailing twelve months price to earnings ratio of 16.2. Meaning, the purchaser of the share is investing $16.2 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 15.67%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 6.7% and a drop 2.6% for the next.
3. Rexford Industrial Realty (REXR)
135.71% Payout Ratio
Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.
Earnings Per Share
As for profitability, Rexford Industrial Realty has a trailing twelve months EPS of $1.12.
PE Ratio
Rexford Industrial Realty has a trailing twelve months price to earnings ratio of 46.54. Meaning, the purchaser of the share is investing $46.54 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 3.31%.
Yearly Top and Bottom Value
Rexford Industrial Realty’s stock is valued at $52.13 at 01:23 EST, way under its 52-week high of $61.82 and way above its 52-week low of $41.56.
Moving Average
Rexford Industrial Realty’s value is below its 50-day moving average of $53.97 and higher than its 200-day moving average of $51.81.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.8%, now sitting on 797.83M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 1.67 and the estimated forward annual dividend yield is 3.2%.
4. Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (LND)
124.54% Payout Ratio
BrasilAgro – Companhia Brasileira de Propriedades AgrÃcolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil. The company operates through six segments: Real Estate, Grains, Sugarcane, Cattle Raising, Cotton, and Other. It is involved in the cultivation of soybean, corn, sorghum, and cotton, as well as sugarcane; and production and sale of beef calves after weaning. The company has 10 farms in 6 Brazilian states and 1 farm in Paraguay with a total area of 215,330 hectares of own lands and 53,735 hectares of leased lands. It also imports and exports agricultural products and inputs; purchases, sells, and/or rents properties, land, buildings, and real estate in rural and/or urban areas; provides real estate brokerage services; and manages third-party assets. The company was incorporated in 2005 and is headquartered in Sao Paulo, Brazil.
Earnings Per Share
As for profitability, Brasilagro Brazilian Agric Real Estate Co Sponsored ADR has a trailing twelve months EPS of $0.53.
PE Ratio
Brasilagro Brazilian Agric Real Estate Co Sponsored ADR has a trailing twelve months price to earnings ratio of 9.06. Meaning, the purchaser of the share is investing $9.06 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 13.09%.
Moving Average
Brasilagro Brazilian Agric Real Estate Co Sponsored ADR’s worth is under its 50-day moving average of $5.06 and under its 200-day moving average of $5.13.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.5%, now sitting on 1.2B for the twelve trailing months.
Volume
Today’s last reported volume for Brasilagro Brazilian Agric Real Estate Co Sponsored ADR is 32070 which is 34.64% below its average volume of 49069.
Yearly Top and Bottom Value
Brasilagro Brazilian Agric Real Estate Co Sponsored ADR’s stock is valued at $4.80 at 01:23 EST, way below its 52-week high of $6.00 and higher than its 52-week low of $4.49.
5. Apollo Senior Floating Rate Fund (AFT)
77.53% Payout Ratio
Apollo Senior Floating Rate Fund Inc. is a closed ended fixed income mutual fund launched and managed by Apollo Credit Management, LLC. The Fund invests in fixed income markets. It primarily invests in senior secured loans made to companies whose debt is rated below investment grade. The Fund employs a conservative approach to credit selection that focuses on collateral coverage, structural seniority, and credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams. It benchmarks the performance of its portfolios against the S&P/LSTA Leveraged Loan Index. Apollo Senior Floating Rate Fund Inc. was formed on February 23, 2011 and is domiciled in United States.
Earnings Per Share
As for profitability, Apollo Senior Floating Rate Fund has a trailing twelve months EPS of $1.66.
PE Ratio
Apollo Senior Floating Rate Fund has a trailing twelve months price to earnings ratio of 8.4. Meaning, the purchaser of the share is investing $8.4 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 11.44%.
Yearly Top and Bottom Value
Apollo Senior Floating Rate Fund’s stock is valued at $13.95 at 01:23 EST, under its 52-week high of $14.12 and way above its 52-week low of $12.20.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 21, 2024, the estimated forward annual dividend rate is 1.64 and the estimated forward annual dividend yield is 11.78%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 70.6%, now sitting on 33.99M for the twelve trailing months.
Volume
Today’s last reported volume for Apollo Senior Floating Rate Fund is 62476 which is 48.85% below its average volume of 122166.
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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield 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).
