(VIANEWS) – B&G Foods (BGS), Portman Ridge Finance Corporation (PTMN), Chesapeake Granite Wash Trust (CHKR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 investigating 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. B&G Foods (BGS)
333.33% Payout Ratio
B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company's products include frozen and canned vegetables, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegars, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, baking powder and soda, corn starch, cookies and crackers, nut clusters, and other specialty products. It markets its products under various brands, including Ac'cent, B&G, B&M, Back to Nature, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Emeril's, Farmwise, Grandma's Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, McCann's, Molly McButter, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Rumford, Sa-són, Sclafani, SnackWell's, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, and Weber and Wright's. The company also sells, markets, and distributes household products under the Static Guard brand. It sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, food service outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey.
Earnings Per Share
As for profitability, B&G Foods has a trailing twelve months EPS of $-1.45.
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 -13.37%.
Moving Average
B&G Foods’s value is way under its 50-day moving average of $9.54 and way below its 200-day moving average of $9.88.
Sales Growth
B&G Foods’s sales growth is negative 6.1% for the current quarter and negative 4.1% for the next.
2. Portman Ridge Finance Corporation (PTMN)
165.27% Payout Ratio
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. It provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. It invests in minority, and majority or control equity positions alongside its private equity sponsor partners.
Earnings Per Share
As for profitability, Portman Ridge Finance Corporation has a trailing twelve months EPS of $1.67.
PE Ratio
Portman Ridge Finance Corporation has a trailing twelve months price to earnings ratio of 11.89. Meaning, the purchaser of the share is investing $11.89 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 7.14%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 18.7%, now sitting on 72.51M for the twelve trailing months.
Yearly Top and Bottom Value
Portman Ridge Finance Corporation’s stock is valued at $19.86 at 02:23 EST, below its 52-week high of $21.12 and way above its 52-week low of $16.27.
Sales Growth
Portman Ridge Finance Corporation’s sales growth is negative 12.2% for the current quarter and negative 9.7% for the next.
3. Chesapeake Granite Wash Trust (CHKR)
100.08% Payout Ratio
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.12.
PE Ratio
Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 3.25. Meaning, the purchaser of the share is investing $3.25 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 53.77%.
Yearly Top and Bottom Value
Chesapeake Granite Wash Trust’s stock is valued at $0.39 at 02:23 EST, way below its 52-week high of $1.20 and way above its 52-week low of $0.31.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 0.08 and the estimated forward annual dividend yield is 21.04%.
Volume
Today’s last reported volume for Chesapeake Granite Wash Trust is 13299 which is 69.71% below its average volume of 43906.
4. Betterware de Mexico, S.A.P.I de C.V. (BWMX)
61.06% Payout Ratio
Betterware de México, S.A.P.I. de C.V. operates as a direct-to-consumer company. It operates through two segments, The Home Organization Products (Betterware or BWM); and The Beauty and Personal Care Products (JAFRA). The Betterware or BWM segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; and technology and mobility. The JAFRA segment offers beauty and personal care products, such as fragrances; colors comprising cosmetics; skin care products; and toiletries. Betterware de México, S.A.P.I. de C.V. sells its products through catalogues, as well as distributes through a network of distributors, associates, leaders, and consultants to the end customers in Mexico and the United States. The company is headquartered in El Arenal, Mexico. Betterware de México, S.A.P.I. de C.V. is a subsidiary of Ebc Holdings, Inc.
Earnings Per Share
As for profitability, Betterware de Mexico, S.A.P.I de C.V. has a trailing twelve months EPS of $1.74.
PE Ratio
Betterware de Mexico, S.A.P.I de C.V. has a trailing twelve months price to earnings ratio of 8.7. Meaning, the purchaser of the share is investing $8.7 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 85.64%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 27.5% and 41.9%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 1.25 and the estimated forward annual dividend yield is 8.29%.
Yearly Top and Bottom Value
Betterware de Mexico, S.A.P.I de C.V.’s stock is valued at $15.13 at 02:23 EST, way below its 52-week high of $21.28 and way higher than its 52-week low of $9.77.
5. PIMCO California Municipal Income Fund (PCQ)
57.6% Payout Ratio
PIMCO California Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal bonds. PIMCO California Municipal Income Fund was formed on June 29, 2001 and is domiciled in New York.
Earnings Per Share
As for profitability, PIMCO California Municipal Income Fund has a trailing twelve months EPS of $0.75.
PE Ratio
PIMCO California Municipal Income Fund has a trailing twelve months price to earnings ratio of 12.51. Meaning, the purchaser of the share is investing $12.51 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 6.77%.
Yearly Top and Bottom Value
PIMCO California Municipal Income Fund’s stock is valued at $9.38 at 02:23 EST, way below its 52-week high of $10.50 and way higher than its 52-week low of $8.19.
Volume
Today’s last reported volume for PIMCO California Municipal Income Fund is 14022 which is 72.71% below its average volume of 51395.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 11, 2024, the estimated forward annual dividend rate is 0.43 and the estimated forward annual dividend yield is 4.61%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.5%, now sitting on 14.66M for the twelve trailing months.
6. Seacoast Banking Corporation of Florida (SBCF)
51.8% Payout Ratio
Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.
Earnings Per Share
As for profitability, Seacoast Banking Corporation of Florida has a trailing twelve months EPS of $1.39.
PE Ratio
Seacoast Banking Corporation of Florida has a trailing twelve months price to earnings ratio of 18.44. Meaning, the purchaser of the share is investing $18.44 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 5.67%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 41.4% and a negative 23.9%, respectively.
Yearly Top and Bottom Value
Seacoast Banking Corporation of Florida’s stock is valued at $25.63 at 02:23 EST, way below its 52-week high of $29.98 and way higher than its 52-week low of $19.04.
Sales Growth
Seacoast Banking Corporation of Florida’s sales growth for the current quarter is negative 18.4%.
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%.
