(VIANEWS) – Oxford Lane Capital Corp. (OXLC), Ternium S.A. Ternium S.A. (TX), Northwest Bancshares (NWBI) are the highest payout ratio stocks on this list.
We have collected information about 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. Oxford Lane Capital Corp. (OXLC)
139.39% Payout Ratio
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Oxford Lane Capital Corp. has a trailing twelve months EPS of $0.66.
PE Ratio
Oxford Lane Capital Corp. has a trailing twelve months price to earnings ratio of 7.71. Meaning, the purchaser of the share is investing $7.71 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 14.53%.
Moving Average
Oxford Lane Capital Corp.’s worth is under its 50-day moving average of $5.09 and higher than its 200-day moving average of $5.07.
Yearly Top and Bottom Value
Oxford Lane Capital Corp.’s stock is valued at $5.09 at 07:23 EST, way under its 52-week high of $5.93 and way above its 52-week low of $4.41.
2. Ternium S.A. Ternium S.A. (TX)
85.29% Payout Ratio
Ternium S.A., together with its subsidiaries, manufactures, processes, and sells various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates through two segments, Steel and Mining. The Steel segment offers slabs, billets and round bars, hot rolled flat products, merchant bars, reinforcing bars, stirrups and rods, tin plate and galvanized products, tubes, beams, insulated panels, roofing and cladding, roof tiles, steel decks, pre-engineered metal building systems, and pig iron products; and sells energy. The Mining segment sells iron ore and pellets. The company also provides medical and social; scrap; and engineering and other services, as well as operates as a distribution company. It serves various companies and small businesses in the construction, automotive, home appliances, packaging, transport, and energy industries. The company was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
Earnings Per Share
As for profitability, Ternium S.A. Ternium S.A. has a trailing twelve months EPS of $3.4.
PE Ratio
Ternium S.A. Ternium S.A. has a trailing twelve months price to earnings ratio of 11.87. Meaning, the purchaser of the share is investing $11.87 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 6.45%.
Volume
Today’s last reported volume for Ternium S.A. Ternium S.A. is 119574 which is 24.95% below its average volume of 159336.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 2, 2024, the estimated forward annual dividend rate is 3.3 and the estimated forward annual dividend yield is 8.18%.
Yearly Top and Bottom Value
Ternium S.A. Ternium S.A.’s stock is valued at $40.36 at 07:23 EST, way below its 52-week high of $45.81 and way above its 52-week low of $35.22.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Ternium S.A. Ternium S.A.’s EBITDA is -18.9.
3. Northwest Bancshares (NWBI)
75.47% Payout Ratio
Northwest Bancshares, Inc. operates as a holding company for Northwest Bank that offers various personal and business banking solutions. The company accepts various deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts. Its loan products include one-to-four family residential real estate, short-term consumer, multi-family residential and commercial real estate, commercial business, and residential mortgage loans; home equity lines of credit; and consumer loans comprising automobile, sales finance, unsecured personal, and credit card loans, as well as loans secured by deposit accounts. The company also offers investment management and trust services; and employee benefits, and property and casualty insurance As of December 31, 2020, it operated 170 community-banking locations in central and western Pennsylvania, western New York, and eastern Ohio. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Warren, Pennsylvania.
Earnings Per Share
As for profitability, Northwest Bancshares has a trailing twelve months EPS of $1.06.
PE Ratio
Northwest Bancshares has a trailing twelve months price to earnings ratio of 11.16. Meaning, the purchaser of the share is investing $11.16 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 8.87%.
Yearly Top and Bottom Value
Northwest Bancshares’s stock is valued at $11.83 at 07:23 EST, way below its 52-week high of $13.98 and way above its 52-week low of $9.80.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 11.5% and a negative 15.4%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 1, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 6.76%.
Volume
Today’s last reported volume for Northwest Bancshares is 639725 which is 19.45% below its average volume of 794280.
4. Blackrock MuniAssets Fund (MUA)
39.26% Payout Ratio
BlackRock MuniAssets Fund, Inc. 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 seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes. The fund was formerly known as MuniAssets Fund, Inc. BlackRock MuniAssets Fund, Inc. was formed on June 25, 1993 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniAssets Fund has a trailing twelve months EPS of $-0.54.
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 -4.61%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 0.67 and the estimated forward annual dividend yield is 6.01%.
Volume
Today’s last reported volume for Blackrock MuniAssets Fund is 69482 which is 38.4% below its average volume of 112801.
Yearly Top and Bottom Value
Blackrock MuniAssets Fund’s stock is valued at $11.02 at 07:23 EST, below its 52-week high of $11.35 and way higher than its 52-week low of $8.61.
Moving Average
Blackrock MuniAssets Fund’s value is higher than its 50-day moving average of $10.87 and above its 200-day moving average of $10.06.
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%.
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).
