(VIANEWS) – Oxford Lane Capital Corp. (OXLC), Allstate (ALL), Prudential Financial (PRU) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 distribute 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. 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 279M for the twelve trailing months.
Moving Average
Oxford Lane Capital Corp.’s value is below its 50-day moving average of $5.09 and above its 200-day moving average of $5.07.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 18.9%.
2. Allstate (ALL)
107.79% Payout Ratio
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
Earnings Per Share
As for profitability, Allstate has a trailing twelve months EPS of $-1.2.
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 -1.22%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 373.8% and 141.2%, respectively.
Yearly Top and Bottom Value
Allstate’s stock is valued at $155.52 at 13:23 EST, below its 52-week high of $168.05 and way higher than its 52-week low of $100.57.
Moving Average
Allstate’s worth is higher than its 50-day moving average of $153.00 and way above its 200-day moving average of $126.03.
3. Prudential Financial (PRU)
74.18% Payout Ratio
Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments. The PGIM segment offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. The Retirement Strategies segment provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; develops and distributes individual variable and fixed annuity products. The Group Insurance segment offers various group life, and long-term and short-term group disability, as well as group corporate-, bank-, and trust-owned life insurance in the United States primarily for institutional clients for use in connection with employee and membership benefits plans; sells accidental death and dismemberment, and other supplemental health solutions; and plan administration services in connection with its insurance coverages. The Individual Life segment develops and distributes variable life, universal life, and term life insurance products. The International Businesses segment develops and distributes life insurance, retirement products, investment products, and certain accident and health products; and advisory services. The company provides its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.
Earnings Per Share
As for profitability, Prudential Financial has a trailing twelve months EPS of $6.74.
PE Ratio
Prudential Financial has a trailing twelve months price to earnings ratio of 16.03. Meaning, the purchaser of the share is investing $16.03 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 8.13%.
Moving Average
Prudential Financial’s value is higher than its 50-day moving average of $105.12 and way higher than its 200-day moving average of $95.52.
Sales Growth
Prudential Financial’s sales growth is negative 9.1% for the ongoing quarter and 5.5% for the next.
4. Atrion (ATRI)
71.67% Payout Ratio
Atrion Corporation, together with its subsidiaries, develops, manufactures, and sells products for fluid delivery, cardiovascular, and ophthalmic applications in the United States, Canada, Europe, and internationally. The company's fluid delivery products include valves that fill, hold, and release controlled amounts of fluids or gasses for use in various intubation, intravenous, catheter, and other applications in the anesthesia and oncology fields, as well as promote infection control in hospital and home healthcare environments. Its cardiovascular products comprise Myocardial Protection System that delivers fluids and medications, and mixes critical drugs, as well as controls temperature, pressure, and other variables; cardiac surgery vacuum relief valves; silicone vessel loops for retracting and occluding vessels; and inflation devices for balloon catheter dilation, stent deployment, and fluid dispensing, as well as products for use in heart bypass surgery. The company's ophthalmic products consist of a line of balloon catheters, which are used for the treatment of nasolacrimal duct obstruction in children and adults. It manufactures products for safe needle and scalpel blade containment; inflation systems and valves used in marine and aviation safety products; components used in inflatable survival products and structures; and one-way and two-way pressure relief valves that protect sensitive electronics and other products during transport in other medical and non-medical applications. The company sells its products to physicians, hospitals, clinics, and other treatment centers; and other equipment manufacturers through direct sales force, independent sales representatives, and distributors. Atrion Corporation was founded in 1944 and is headquartered in Allen, Texas.
Earnings Per Share
As for profitability, Atrion has a trailing twelve months EPS of $12.09.
PE Ratio
Atrion has a trailing twelve months price to earnings ratio of 29.87. Meaning, the purchaser of the share is investing $29.87 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 8.05%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Atrion’s EBITDA is 97.64.
Yearly Top and Bottom Value
Atrion’s stock is valued at $361.13 at 13:23 EST, way below its 52-week high of $670.00 and way higher than its 52-week low of $274.98.
5. Illinois Tool Works (ITW)
55.65% Payout Ratio
Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.
Earnings Per Share
As for profitability, Illinois Tool Works has a trailing twelve months EPS of $9.75.
PE Ratio
Illinois Tool Works has a trailing twelve months price to earnings ratio of 26.7. Meaning, the purchaser of the share is investing $26.7 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 96.92%.
6. Valmont Industries (VMI)
35.4% Payout Ratio
Valmont Industries, Inc. produces and sells metal products in the United States, Australia, Brazil, Denmark, and internationally. The company operates through two segments: Infrastructure and Agriculture. It manufactures and distributes steel, pre-stressed concrete, composite, and hybrid structures for lighting, transportation, and telecommunications equipment, as well as electrical transmission, distribution, substations, and renewable energy generation equipment; and provides coatings services to preserve metal products. The company also manufactures center pivot components and linear irrigation equipment, and related parts and services under the Valley brand name for the agricultural industry; tubular products for industrial customers; and advanced technology solutions for agricultural sector. It serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunications and utility companies, and farms, as well as the general manufacturing sector. The company was founded in 1946 and is headquartered in Omaha, Nebraska.
Earnings Per Share
As for profitability, Valmont Industries has a trailing twelve months EPS of $6.77.
PE Ratio
Valmont Industries has a trailing twelve months price to earnings ratio of 31.17. Meaning, the purchaser of the share is investing $31.17 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 9.48%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.3%, now sitting on 4.17B for the twelve trailing months.
Volume
Today’s last reported volume for Valmont Industries is 192126 which is 8.8% above its average volume of 176580.
Yearly Top and Bottom Value
Valmont Industries’s stock is valued at $211.03 at 13:23 EST, way below its 52-week high of $332.00 and way higher than its 52-week low of $188.63.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Valmont Industries’s EBITDA is 1.64.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
