(VIANEWS) – Fidus Investment Corporation (FDUS), MDU Resources Group (MDU), New Residential Investment (NRZ) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio so far. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. Fidus Investment Corporation (FDUS)
111.88% Payout Ratio
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
Earnings Per Share
As for profitability, Fidus Investment Corporation has a trailing twelve months EPS of $1.6.
PE Ratio
Fidus Investment Corporation has a trailing twelve months price to earnings ratio of 12.25. Meaning, the purchaser of the share is investing $12.25 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 8.16%.
2. MDU Resources Group (MDU)
47.83% Payout Ratio
MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers supply related value-added services. The company's Pipeline segment provides natural gas transportation, underground storage, and gathering services through regulated and nonregulated pipeline systems primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, liquid asphalt, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, and mechanical piping and services; and overhead and underground electrical distribution and transmission lines, substations, external lighting, traffic signalization, and gas pipelines, as well as engages in the utility excavation activities. This segment also manufactures and distributes transmission line construction equipment; and constructs and maintains renewable energy projects. It serves manufacturing, commercial, industrial, institutional, and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.
Earnings Per Share
As for profitability, MDU Resources Group has a trailing twelve months EPS of $1.8.
PE Ratio
MDU Resources Group has a trailing twelve months price to earnings ratio of 12.03. Meaning, the purchaser of the share is investing $12.03 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 10.78%.
Moving Average
MDU Resources Group’s value is above its 50-day moving average of $20.37 and above its 200-day moving average of $20.49.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 11, 2023, the estimated forward annual dividend rate is 0.89 and the estimated forward annual dividend yield is 4.2%.
3. New Residential Investment (NRZ)
42.6% Payout Ratio
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.32%.
4. A10 Networks (ATEN)
38.6% Payout Ratio
A10 Networks, Inc. provides networking solutions in the United States, Japan, other Asia Pacific, and EMEA countries. The company offers Thunder Application Delivery Controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and micro services; and Thunder Carrier Grade Networking product, which offers standards-compliant address and protocol translation services for service provider networks. It also provides Thunder Threat Protection System (TPS) for the protection of networks and server resources against massive distributed denial of service attacks; Thunder Secure Sockets Layer (SSL) Insight solution that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses various critical security capabilities in one package by consolidating various security and networking functions in a single appliance. In addition, the company offers intelligent management and automation tools comprising harmony controller that provides intelligent management, automation, and analytics for secure application delivery in multi-cloud environment; and aGalaxy TPS, a multi-device network management solution. The company delivers its solutions on optimized hardware appliances, bare metal software, containerized software, virtual appliances, and cloud-native software. It serves cloud providers, service providers, government organizations, and enterprises in the telecommunications, technology, industrial, retail, government, financial, gaming, and education industries. The company markets its products through sales organizations, as well as distribution channel partners, including distributors, value added resellers, and system integrators. A10 Networks, Inc. was incorporated in 2004 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, A10 Networks has a trailing twelve months EPS of $0.57.
PE Ratio
A10 Networks has a trailing twelve months price to earnings ratio of 25.24. Meaning, the purchaser of the share is investing $25.24 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 23.97%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
A10 Networks’s EBITDA is 123.29.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.9%, now sitting on 275.36M for the twelve trailing months.
5. Lakeland Bancorp (LBAI)
34.52% Payout Ratio
Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides various banking products and services for individuals and small to medium sized businesses. The company offers commercial banking services, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing, as well as merchant credit card services; and internet banking, mobile banking, wire transfer, night depository, and cash management services. It also provides consumer banking services comprising checking accounts, savings accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. In addition, the company offers investment advisory services; and non-deposit products, which include securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. It operates 48 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and Highland Mills, New York; six New Jersey regional commercial lending centers in Bernardsville, Iselin, Jackson, Montville, Teaneck, and Waldwick; and one commercial lending center in New York to serve the Hudson Valley region. The company was founded in 1969 and is headquartered in Oak Ridge, New Jersey.
Earnings Per Share
As for profitability, Lakeland Bancorp has a trailing twelve months EPS of $1.68.
PE Ratio
Lakeland Bancorp has a trailing twelve months price to earnings ratio of 7.97. Meaning, the purchaser of the share is investing $7.97 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 10.04%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 11.4% and a negative 16.7%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 335.6M for the twelve trailing months.
Moving Average
Lakeland Bancorp’s worth is below its 50-day moving average of $13.71 and way below its 200-day moving average of $16.65.
6. Woodward (WWD)
30.74% Payout Ratio
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servo controls, and motors and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment designs, produces, and services systems and products for the management of fuel, air, fluids, gases, motion, combustion, and electricity. Its products include actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, power converters, sensors, and other devices that measure, communicate, and protect electrical distribution systems for use in industrial gas turbines, steam turbines, reciprocating engines, electric power generation and power distribution systems, wind turbines, and compressors. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.
Earnings Per Share
As for profitability, Woodward has a trailing twelve months EPS of $2.56.
PE Ratio
Woodward has a trailing twelve months price to earnings ratio of 46.25. Meaning, the purchaser of the share is investing $46.25 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 7.8%.
Previous days news about Woodward (WWD)
- According to Zacks on Wednesday, 12 July, "Some other top-ranked stocks in the broader technology space are InterDigital (IDCC Quick QuoteIDCC – Free Report) , Badger Meter (BMI Quick QuoteBMI – Free Report) and Woodward (WWD Quick QuoteWWD – Free Report) . ", "InterDigital sports a Zacks Rank #1, while Badger Meter and Woodward carry a Zacks Rank #2 (Buy). "
- According to Zacks on Wednesday, 12 July, "Some better ranked stocks in the broader technology space are Woodward (WWD Quick QuoteWWD – Free Report) , Watts Water Technologies (WTS Quick QuoteWTS – Free Report) and Blackbaud (BLKB Quick QuoteBLKB – Free Report) , each carrying a Zacks Rank #2 (Buy). "
- According to Zacks on Thursday, 13 July, "Some other top-ranked stocks in the broader technology space are InterDigital (IDCC Quick QuoteIDCC – Free Report) , Badger Meter (BMI Quick QuoteBMI – Free Report) and Woodward (WWD Quick QuoteWWD – Free Report) . ", "InterDigital sports a Zacks Rank #1 (Strong Buy), while Badger Meter and Woodward carry a Zacks Rank #2. "
- According to Zacks on Thursday, 13 July, "Some better ranked stocks in the broader technology space are Woodward (WWD Quick QuoteWWD – Free Report) , Watts Water Technologies (WTS Quick QuoteWTS – Free Report) and Blackbaud (BLKB Quick QuoteBLKB – Free Report) . ", "Watts Water Sports a Zacks Rank #1 (Strong Buy) while Woodward and Blackbaud carry a Zacks Rank #2 (Buy). "
- According to Zacks on Wednesday, 12 July, "Some better-ranked stocks in the broader technology space are InterDigital (IDCC Quick QuoteIDCC – Free Report) , Badger Meter (BMI Quick QuoteBMI – Free Report) and Woodward (WWD Quick QuoteWWD – Free Report) . ", "InterDigital sports a Zacks Rank #1 (Strong Buy), while Badger Meter and Woodward carry a Zacks Rank #2 (Buy). "
