(VIANEWS) – Western Asset Global Highome Fund (EHI), Rogers Communication (RCI), New Mountain Finance Corporation (NMFC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until 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 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. Western Asset Global Highome Fund (EHI)
402% Payout Ratio
Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in undervalued bonds of companies operating across diversified sectors. It seeks to invest in a portfolio of below investment grade fixed income securities, emerging market fixed income securities and investment grade fixed income securities. The fund employs quantitative analysis to build its portfolio. It invests in fixed income securities with an average credit quality of BB as per S&P and an average duration of 3.8 years. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Index, the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index, and the JPMorgan Emerging Markets Bond Index Global. It was formerly known as Salomon Brothers Global High Income Fund Inc. Western Asset Global High Income Fund Inc was formed on July 28, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Global Highome Fund has a trailing twelve months EPS of $0.2.
PE Ratio
Western Asset Global Highome Fund has a trailing twelve months price to earnings ratio of 34. Meaning, the purchaser of the share is investing $34 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 2.72%.
Yearly Top and Bottom Value
Western Asset Global Highome Fund’s stock is valued at $6.80 at 20:23 EST, way below its 52-week high of $7.75 and way higher than its 52-week low of $6.00.
Volume
Today’s last reported volume for Western Asset Global Highome Fund is 114521 which is 145.3% above its average volume of 46685.
2. Rogers Communication (RCI)
123.46% Payout Ratio
Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands. It also provides internet and WiFi services; and monitoring, security, automation, energy efficiency, and smart control through smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; and 4K television programming. Further, it provides residential and small business local telephony services; voicemail, call waiting, and long distance; voice, data networking, Internet protocol (IP), and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; information technology and network technologies; cable access network services; telecommunications technical consulting services; and season games through television, smartphones, tablets, personal computers, and other streaming devices, as well as operates Ignite TV and Ignite TV app. Additionally, the company owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 52 AM and FM radio stations. It also offers Rogers and the Rogers World Elite Mastercard. The company was founded in 1960 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Rogers Communication has a trailing twelve months EPS of $1.19.
PE Ratio
Rogers Communication has a trailing twelve months price to earnings ratio of 31.98. Meaning, the purchaser of the share is investing $31.98 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 8.27%.
Sales Growth
Rogers Communication’s sales growth is 28.4% for the current quarter and 2.1% for the next.
3. New Mountain Finance Corporation (NMFC)
112.1% Payout Ratio
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in “defensive growth” industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes, and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.
Earnings Per Share
As for profitability, New Mountain Finance Corporation has a trailing twelve months EPS of $1.24.
PE Ratio
New Mountain Finance Corporation has a trailing twelve months price to earnings ratio of 10.24. Meaning, the purchaser of the share is investing $10.24 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 10.24%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 11.34%.
Moving Average
New Mountain Finance Corporation’s value is above its 50-day moving average of $12.61 and below its 200-day moving average of $12.73.
4. Crown Crafts (CRWS)
69.57% Payout Ratio
Crown Crafts, Inc., through its subsidiaries, operates in the consumer products industry in the United States and internationally. It provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods. The company sells its products primarily to mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs and internet-based retailers through a network of sales force and independent commissioned sales representatives. Crown Crafts, Inc. was incorporated in 1957 and is headquartered in Gonzales, Louisiana.
Earnings Per Share
As for profitability, Crown Crafts has a trailing twelve months EPS of $0.46.
PE Ratio
Crown Crafts has a trailing twelve months price to earnings ratio of 11.48. Meaning, the purchaser of the share is investing $11.48 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 9.42%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Crown Crafts’s EBITDA is 19.63.
Volume
Today’s last reported volume for Crown Crafts is 5693 which is 71.79% below its average volume of 20183.
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 current quarter and 1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
