(VIANEWS) – Solar Capital Ltd. (SLRC), Newmont Mining (NEM), Two Harbors Investment Corp (TWO) 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 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)
468.56% 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 $0.35.
PE Ratio
Solar Capital Ltd. has a trailing twelve months price to earnings ratio of 41.14. Meaning, the purchaser of the share is investing $41.14 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 1.99%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 21, 2023, the estimated forward annual dividend rate is 1.64 and the estimated forward annual dividend yield is 11.37%.
2. Newmont Mining (NEM)
180.33% Payout Ratio
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, Newmont Mining has a trailing twelve months EPS of $3.19.
PE Ratio
Newmont Mining has a trailing twelve months price to earnings ratio of 15.26. Meaning, the purchaser of the share is investing $15.26 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 1.3%.
Moving Average
Newmont Mining’s worth is above its 50-day moving average of $47.99 and higher than its 200-day moving average of $47.94.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 34.3% and a negative 15.7%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 6, 2022, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 4.52%.
3. Two Harbors Investment Corp (TWO)
123.94% Payout Ratio
Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.
Earnings Per Share
As for profitability, Two Harbors Investment Corp has a trailing twelve months EPS of $2.02.
PE Ratio
Two Harbors Investment Corp has a trailing twelve months price to earnings ratio of 7.12. Meaning, the purchaser of the share is investing $7.12 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 8.94%.
Yearly Top and Bottom Value
Two Harbors Investment Corp’s stock is valued at $14.38 at 14:23 EST, way below its 52-week high of $22.68 and way higher than its 52-week low of $12.12.
4. Comcast Corporation (CMCSA)
89.26% Payout Ratio
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment provides broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services. The Media segment operates NBCUniversal's television and streaming platforms, including national, regional, and international cable networks; the NBC and Telemundo broadcast networks; and Peacock, a direct-to-consumer streaming service. The Studios segment operates NBCUniversal's film and television studio production and distribution operations. The Theme Parks segment consists of Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The Sky segment offers direct-to-consumer services, such as video, broadband, voice and wireless phone services, and content business operates entertainment networks, the Sky News broadcast network, and Sky Sports networks. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and provides streaming service, such as Peacock. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Comcast Corporation has a trailing twelve months EPS of $2.53.
PE Ratio
Comcast Corporation has a trailing twelve months price to earnings ratio of 14.88. Meaning, the purchaser of the share is investing $14.88 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 5.47%.
5. Black Hills Corporation (BKH)
60.71% Payout Ratio
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through four segments: Electric Utilities, Gas Utilities, Power Generation, and Mining. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 216,000 electric customers in Colorado, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 992 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,083,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,774 miles of intrastate gas transmission pipelines; 41,838 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 49,000 horsepower of compression and 560 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal-fired generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
Earnings Per Share
As for profitability, Black Hills Corporation has a trailing twelve months EPS of $4.1.
PE Ratio
Black Hills Corporation has a trailing twelve months price to earnings ratio of 14.87. Meaning, the purchaser of the share is investing $14.87 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 9.06%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 7.7% and a negative 28.8%, respectively.
Moving Average
Black Hills Corporation’s value is under its 50-day moving average of $65.49 and way under its 200-day moving average of $69.73.
