(VIANEWS) – TriplePoint Venture Growth BDC Corp. (TPVG), J & J Snack Foods Corp. (JJSF), 3M Company (MMM) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn’t a guarantee of a future 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 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 growth stage. It also provides debt financing to venture growth space companies which includes growth capital 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 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 $0.17.
PE Ratio
TriplePoint Venture Growth BDC Corp. has a trailing twelve months price to earnings ratio of 70.35. Meaning,
the purchaser of the share is investing $70.35 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 1.27%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 40.7%, now sitting on 109.77M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 11.9% and 4.5%, respectively.
2. J & J Snack Foods Corp. (JJSF)
105.65% Payout Ratio
J & J Snack Foods Corp. manufactures, markets, and distributes various nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR. TWISTER, SOFT PRETZEL BITES, SOFTSTIX, SOFT PRETZEL BUNS, TEXAS TWIST, BAVARIAN BAKERY, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, KIM & SCOTT'S GOURMET PRETZELS, SERIOUSLY TWISTED!, BRAUHAUS, AUNTIE ANNE'S, and LABRIOLA, as well as under the private labels. It also provides frozen juice treats and desserts under the LUIGI'S, WHOLE FRUIT, PHILLY SWIRL, SOUR PATCH, ICEE, and MINUTE MAID brands; churros under the TIO PEPE'S and CALIFORNIA CHURROS brands; and dough enrobed handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands. In addition, the company offers bakery products, including biscuits, fig and fruit bars, cookies, breads, rolls, crumb, muffins, and donuts under the MRS. GOODCOOKIE, READI-BAKE, COUNTRY HOME, MARY B'S, DADDY RAY'S, and HILL & VALLEY brands, as well as under private labels; and frozen beverages under the ICEE, SLUSH PUPPIE, and PARROT ICE brands. J & J Snack Foods Corp. sells its products through a network of food brokers, independent sales distributors, and direct sales force. The company was founded in 1971 and is headquartered in Pennsauken, New Jersey.
Earnings Per Share
As for profitability, J & J Snack Foods Corp. has a trailing twelve months EPS of $2.46.
PE Ratio
J & J Snack Foods Corp. has a trailing twelve months price to earnings ratio of 59.87. Meaning,
the purchaser of the share is investing $59.87 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 5.53%.
Moving Average
J & J Snack Foods Corp.’s worth is under its 50-day moving average of $153.75 and above its 200-day moving average of $142.97.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 15.5% and 300%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 15, 2022, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 1.89%.
Sales Growth
J & J Snack Foods Corp.’s sales growth is 14.2% for the present quarter and 17.1% for the next.
3. 3M Company (MMM)
82.96% Payout Ratio
3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; and reflective signage for highway, and vehicle safety. The Healthcare segment offers food safety indicator solutions; health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports and consumer respirators; cleaning products for the home; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is based in St. Paul, Minnesota.
Earnings Per Share
As for profitability, 3M Company has a trailing twelve months EPS of $9.77.
PE Ratio
3M Company has a trailing twelve months price to earnings ratio of 12.02. Meaning,
the purchaser of the share is investing $12.02 for every dollar of annual earnings.
4. Orrstown Financial Services (ORRF)
43.18% Payout Ratio
Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, construction, working capital, and other commercial purpose loans, as well as industrial loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary services under the Orrstown Financial Advisors name; and offers retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory, insurance, and brokerage services. The company operates through offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York counties, Pennsylvania; and Anne Arundel, Baltimore, Howard, and Washington counties, Maryland, as well as Baltimore City, Maryland. Orrstown Financial Services, Inc. was founded in 1919 and is based in Shippensburg, Pennsylvania.
Earnings Per Share
As for profitability, Orrstown Financial Services has a trailing twelve months EPS of $1.76.
PE Ratio
Orrstown Financial Services has a trailing twelve months price to earnings ratio of 13.53. Meaning,
the purchaser of the share is investing $13.53 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 7.87%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 35% and 6.6%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.7%, now sitting on 117.72M for the twelve trailing months.
Moving Average
Orrstown Financial Services’s value is under its 50-day moving average of $25.36 and under its 200-day moving average of $24.91.
Volume
Today’s last reported volume for Orrstown Financial Services is 13152 which is 21.82% below its average volume of 16824.
