(VIANEWS) – The Blackstone Group (BX), San Juan Basin Royalty Trust (SJT), Terreno Realty Corporation (TRNO) 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 issue 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. The Blackstone Group (BX)
209.32% Payout Ratio
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.
Earnings Per Share
As for profitability, The Blackstone Group has a trailing twelve months EPS of $5.47.
PE Ratio
The Blackstone Group has a trailing twelve months price to earnings ratio of 17.07. Meaning, the purchaser of the share is investing $17.07 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 14.44%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 67.3%, now sitting on 8.02B for the twelve trailing months.
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 825.9 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 $0.16.
PE Ratio
San Juan Basin Royalty Trust has a trailing twelve months price to earnings ratio of 62.52. Meaning, the purchaser of the share is investing $62.52 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 1270.45%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 81.4%, now sitting on 50.46M for the twelve trailing months.
Moving Average
San Juan Basin Royalty Trust’s value is way below its 50-day moving average of $11.05 and way below its 200-day moving average of $11.21.
Volume
Today’s last reported volume for San Juan Basin Royalty Trust is 770793 which is 12.1% above its average volume of 687573.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 27, 2022, the estimated forward annual dividend rate is 1.66 and the estimated forward annual dividend yield is 15.21%.
3. Terreno Realty Corporation (TRNO)
62.28% Payout Ratio
Terreno Realty Corporation and together with its subsidiaries, the “Company”) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. As of September 30, 2020, the Company owned 219 buildings aggregating approximately 13.1 million square feet, 22 improved land parcels consisting of approximately 85.0 acres and one property under redevelopment expected to contain approximately 0.2 million square feet upon completion. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), commencing with its taxable year ended December 31, 2010.
Earnings Per Share
As for profitability, Terreno Realty Corporation has a trailing twelve months EPS of $2.28.
PE Ratio
Terreno Realty Corporation has a trailing twelve months price to earnings ratio of 28.94. Meaning, the purchaser of the share is investing $28.94 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 8.78%.
Volume
Today’s last reported volume for Terreno Realty Corporation is 598079 which is 48.1% above its average volume of 403811.
Moving Average
Terreno Realty Corporation’s worth is way higher than its 50-day moving average of $59.37 and way above its 200-day moving average of $59.98.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 34.1% and positive 15.4% for the next.
4. Independent Bank Corp. (INDB)
52.07% Payout Ratio
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. Its products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. The company's loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages and home equity loans, and loans for the construction of residential properties; and personal loans. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as automated teller machine (ATM) cards and debit cards; and mutual fund shares, unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2020, it operates through a network of ninety-six full service and two limited service retail branches, sixteen commercial banking centers, ten investment management offices, and eight mortgage lending centers in Eastern Massachusetts, Greater Boston, the South Shore, and the Cape and Islands, as well as in Worcester County and Rhode Island. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Earnings Per Share
As for profitability, Independent Bank Corp. has a trailing twelve months EPS of $4.12.
PE Ratio
Independent Bank Corp. has a trailing twelve months price to earnings ratio of 19.78. Meaning, the purchaser of the share is investing $19.78 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 8.24%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 22, 2022, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 2.38%.
Yearly Top and Bottom Value
Independent Bank Corp.’s stock is valued at $81.60 at 19:23 EST, way below its 52-week high of $91.65 and above its 52-week low of $74.28.
Volume
Today’s last reported volume for Independent Bank Corp. is 130167 which is 35.25% below its average volume of 201059.
Sales Growth
Independent Bank Corp.’s sales growth is 69.5% for the ongoing quarter and 17.6% for the next.
