(VIANEWS) - Portman Ridge Finance Corporation (PTMN), Principal Real Estate Income Fund (PGZ), Global Self Storage (SELF) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio as yet. 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 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. Portman Ridge Finance Corporation (PTMN)
1078.26% Payout Ratio
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. It provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. It invests in minority, and majority or control equity positions alongside its private equity sponsor partners.
Earnings per Share
Portman Ridge Finance Corporation's trailing twelve-month EPS is $0.63.
PE Ratio
Portman Ridge Finance Corporation's trailing 12-month price-to-earnings ratio is 35.35. The purchaser of the shares is investing $35.35 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 1.04%.2. Principal Real Estate Income Fund (PGZ)
201.39% Payout Ratio
Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc. It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities. The fund invests in value stocks of companies. It uses financial derivatives such as credit default swaps, interest rate swaps, caps, floors and collars, currency futures and forwards, rate forwards, and interest rate futures to invest in securities. The fund employs fundamental analysis with a combination of top-down and bottom-up stock picking approach while focusing on factors such as macro outlook on the economy, real estate cycle and real estate fundamentals, shorter-term tactical allocation shifts upon a continual assessment of market valuations, quantitative, analysis, and technical indicators to create it portfolio. Principal Real Estate Income Fund was formed on August 31, 2012 and is domiciled in the United States.
Earnings per Share
Principal Real Estate Income Fund's trailing 12 months EPS is $0.54.
PE Ratio
Principal Real Estate Income Fund's trailing 12-month price-to-earnings ratio is 19.15. The purchaser of the shares is thus investing $19.15 per dollar in annual earnings.
Moving Average
Principal Real Estate Income Fund is worth less than its $50.90 moving average and much lower than its $200 moving average (12.71).Annual Top and Bottom Value
Principal Real Estate Income Fund stock was valued at $10.34 as of 01:23 EST. This is lower than its 52 week high of $16.10, and higher than its 52 week low of $10.29.
Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on January 11, 2023. The forward dividend rate and yield are both 1.26 and 12.19%.
Volume
Today's last reported volume for Principal Real Estate Income Fund is 22066 which is 20.7% below its average volume of 27829.
3. Global Self Storage (SELF)
92.24% Payout Ratio
Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
Earnings per Share
Global Self Storage's trailing 12 month EPS is $0.29.
PE Ratio
Global Self Storage's trailing 12 months earnings to price ratio is 17.55. The purchaser of the shares is investing $17.55 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 6.31%.Revenue growth
The year-over-year revenue growth was 13%. It now stands at 11.65M in the 12 trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Global Self Storage's EBITDA is 49.48.
Volume
Today's last reported volume for Global Self Storage is 30437 which is 31.17% below its average volume of 44225.
4. American Eagle Outfitters (AEO)
88.52% Payout Ratio
American Eagle Outfitters, Inc. is a specialty retailer. It sells clothing, accessories, personal care products, and apparel under the American Eagle, Aerie and Aerie brand names. It offers jeans and special apparel for both men and women, along with swim and intimate collections as well as personal and feminine care products. It also offers apparel and accessories under the Tailgate brand, as well as menswear under the Todd Snyder New York name. It had approximately 940 American Eagle shops, 148 Aerie standalone stores, five Tailgate stores and two Todd Snyder locations in the United States. You can also order from it through their Websites to 81 other countries. It offers merchandise in 217 stores operated by licensedes in 24 different countries. American Eagle Outfitters, Inc. was established in 1977. It is located in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, American Eagle Outfitters has a trailing twelve months EPS of $0.63.
PE Ratio
American Eagle Outfitters has a trailing twelve months price to earnings ratio of 25.33. Meaning, the purchaser of the share is investing $25.33 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 8.46%.5. Albemarle (ALB)
72.69% Payout Ratio
Albemarle Corporation is a global manufacturer and marketer of engineered specialty chemicals. The company operates in three main segments, Lithium and Bromine. Lithium offers lithium compounds such as lithium hydroxide and lithium carbonate. It also provides reagents like butyllithium or lithium aluminum hydride to be used in lithium battery for consumer electronics. Rubber soles and plastic bottles are some examples of the reagents. The catalysts for chemical reactions and organic synthesis in areas including steroid chemistry, vitamins, life sciences and pharmaceutical industry. The company also offers cesium products to the pharmaceutical and chemical industries, zirconium and barium products, as well as titanium products for pyrotechnical uses, including airbag initiators, technical services for handling reactive lithium products, and recycling of lithium-containing byproducts. Bromine offers specialty chemicals such as bromine, inorganic and elemental bromines; brominated powdered activated charcoal and bromine fine chemicals that can be used in chemical synthesis and oil and gas well drilling, completion fluids, water purification and mercury control. It also provides bromine-based fire protection solutions. Catalysts provides hydroprocessing and isomerization as well as fluidized catalysts for cracking and additives. It serves markets such as energy storage, petroleum refining and consumer electronics. Albemarle Corporation was established in 1887. It is located in Charlotte, North Carolina.
Earnings per Share
Albemarle's trailing twelve-month EPS is $3.52.
PE Ratio
Albemarle's trailing 12-month price-earnings ratio is 68.78. The purchaser of the shares is therefore investing $68.78 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 5.66%.Moving Average
Albemarle is worth way less than its moving average 50 days of $273.25, and far below its moving average 200 days of $244.23.Sales Growth
Albemarle sales growth for the current quarter is 193.1% and 192.4% respectively.
Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 565.7% and 729.7%, respectively.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 14, 2022, the estimated forward annual dividend rate is 1.58 and the estimated forward annual dividend yield is 0.56%.