(VIANEWS) – Portman Ridge Finance Corporation (PTMN), Astec Industries (ASTE), BlackRock Floating Rate Income Trust (BGT) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio at the moment. 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 issue 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, a business development firm, specializes in investment in unitranche loan (including last out), second lien loans and first lien loans. The company also acquires businesses that complement its business. The fund invests mainly in healthcare, freight transport, manufacturing and industrial & environment services. It also distributes media & telecoms. It typically invests between $1 million and $20 million in portfolio companies. The fund offers senior secured loans ranging from $2 million up to $20 millions, maturing within five to seven year; second lien terms loans ranging from $5m to $15m maturing over six to eighteen years; senior unsecured loans ranging from $5m to $23m maturing between six and eight years; senior loans ranging from $5m to $23m maturing within six to eighteen years; mezzanine loan amounts ranging from $5m to $15m maturing over seven to ten-year periods; equity investments a range from one to $1 million; while it makes its portfolio companies. This fund targets companies that have EBITDA of between $5 million to $25 million. It invests in debt securities and middle market companies with EBITDA of between $10m and $50m and/or total loans between $25m and $150m. Along with its private equity sponsors, it invests in equity positions that are minority or majority-controlled.

Volume

Today’s last reported volume for Portman Ridge Finance Corporation is 9034, 70.83% below its average volume of 30975.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 14, 2022, the estimated forward annual dividend rate is 2.52 and the estimated forward annual dividend yield is 11.33%.

Portman Ridge Finance Corporation’s sales growth this year is expected to be negative 19.6% and 8.6% for next year.

Year-on-year quarterly revenue growth declined by 30.2%, now sitting on 72.22M for the twelve trailing months.

Portman Ridge Finance Corporation’s sales growth is negative 28.1% for the current quarter and negative 2% for the next. The company’s growth estimates for the ongoing quarter and the next is negative 31% and negative -15.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.04%.

Volatility

Portman Ridge Finance Corporation’s last day, week, and month’s current intraday variation average was 0.45%, 1.11%, and 0.81%, respectively.

Portman Ridge Finance Corporation’s highest amplitude of average volatility was 2.55% (day), 2.20% (last week), and 2.03% (last month), respectively.

Portman Ridge Finance Corporation’s Stock Yearly Top and Bottom Value

Portman Ridge Finance Corporation’s stock is valued at $22.24 at 08:23 EST, way below its 52-week high of $25.97 and above its 52-week low of $21.33.

Portman Ridge Finance Corporation’s Moving Average

Portman Ridge Finance Corporation’s value is below its 50-day moving average of $23.47 and below its 200-day moving average of $23.76.

2. Astec Industries (ASTE)

940% Payout Ratio

Astec Industries, Inc. design, engineer, manufactures, markets components and equipment used in road construction and other related activities both in the United States as well internationally. The company’s Infrastructure Solutions segment designs, engineers, manufactures, and markets asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as offers engineering and environmental permitting services. The segment sells its products to asphalt manufacturers, heavy equipment and highway contractors, ready-mix concrete producers, construction contractors and government agencies. The Materials Solutions segment manufactures and designs crushing equipment and track-mounted systems. It also provides engineering consulting services. To offer concrete production solutions, the company is a partner with CarbonCure Technologies Inc. Astec Industries, Inc. is an American company that was established in 1972. Its headquarters are in Chattanooga, Tennessee.

Volume

Today’s last reported volume for Astec Industries is 53374, 43.7% below its average volume of 94817.

As stated by Morningstar, Inc., the next dividend payment is on Aug 10, 2022, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 1.28%.

Astec Industries’s sales growth this year is anticipated to be 11% and 9.2% for next year.

Year-on-year quarterly revenue growth grew by 14.6%, now sitting on 1.14B for the twelve trailing months.

Astec Industries’s sales growth for the next quarter is 14.6%. The company’s growth estimates for the ongoing quarter and the next is negative 40% and 1600%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.2%.

Volatility

Astec Industries’s last day, week, and month’s current intraday variation average was 0.44%, 2.46%, and 2.16%, respectively.

Astec Industries’s highest amplitude of average volatility was 2.59% (day), 3.49% (last week), and 3.32% (last month), respectively.

Astec Industries’s Stock Yearly Top and Bottom Value

Astec Industries’s stock is valued at $36.63 at 08:23 EST, way below its 52-week high of $75.00 and above its 52-week low of $36.09.

Astec Industries’s Moving Average

Astec Industries’s value is way below its 50-day moving average of $42.24 and way below its 200-day moving average of $49.49.

3. BlackRock Floating Rate Income Trust (BGT)

94.68% Payout Ratio

BlackRock Floating Rate Income Trust, a closed-ended fixed income mutual fund that was launched in 2012 by BlackRoack Inc. BlackRock Advisors, LLC, and BlackRock Financial Management, Inc. co-manage the fund. The fund invests in fixed income markets around the world, with a focus on the United States. It invests in bonds issued by companies that operate across diverse sectors. The fund invests in corporate bonds whose average duration will not exceed 1.5 years. This fund used to be known as BlackRock GlobalFloating Rate Income trust. BlackRock Floating Rate Income Trust, which was established on August 30, 2004, is based in the United States.

Volume

Today’s last reported volume for BlackRock Floating Rate Income Trust is 24441, 62.5% below its average volume of 65179.

As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 0.78 and the estimated forward annual dividend yield is 6.85%.

Year-on-year quarterly revenue growth grew by 4.2%, now sitting on 19.89M for the twelve trailing months.

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 -5.63%.

Volatility

BlackRock Floating Rate Income Trust’s last day, week, and month’s current intraday variation average was 0.52%, 0.53%, and 0.67%, respectively.

BlackRock Floating Rate Income Trust’s highest amplitude of average volatility was 0.96% (day), 1.15% (last week), and 1.12% (last month), respectively.

BlackRock Floating Rate Income Trust’s Stock Yearly Top and Bottom Value

BlackRock Floating Rate Income Trust’s stock is valued at $11.51 at 08:23 EST, way under its 52-week high of $14.74 and higher than its 52-week low of $10.78.

BlackRock Floating Rate Income Trust’s Moving Average

BlackRock Floating Rate Income Trust’s value is under its 50-day moving average of $11.59 and under its 200-day moving average of $12.39.

4. John Hancock (HPF)

88.21% Payout Ratio

John Hancock Preferred Income Fund 2 is a closed-ended fixed income mutual fund that was launched by John Hancock Investment Management LLC. John Hancock Asset Management co-manages the fund. It invests in fixed income markets within the United States. The fund seeks investments in securities from companies that operate across multiple sectors. It invests primarily in convertible preferred securities and preferred values of companies. The fund benchmarks its performance against both the Bank of America Merrill Lynch Hybrid Preferred Securities Index (Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund II, which was established on November 29, 2002, is based in the United States.

Volume

Today’s last reported volume for John Hancock is 20391, 46.84% below its average volume of 38362.

As stated by Morningstar, Inc., the next dividend payment is on Sep 8, 2022, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 8.28%.

Year-on-year quarterly revenue growth declined by 3%, now sitting on 36.52M for the twelve trailing months.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.25%.

Volatility

John Hancock’s last day, week, and month’s current intraday variation average was 0.61%, 0.85%, and 0.69%, respectively.

John Hancock’s highest amplitude of average volatility was 1.22% (day), 1.37% (last week), and 1.34% (last month), respectively.

John Hancock’s Stock Yearly Top and Bottom Value

John Hancock’s stock is valued at $18.16 at 08:23 EST, way below its 52-week high of $22.17 and higher than its 52-week low of $16.74.

John Hancock’s Moving Average

John Hancock’s value is below its 50-day moving average of $18.25 and below its 200-day moving average of $18.82.

5. StoneCastle Financial Corp (BANX)

80.85% Payout Ratio

StoneCastle Financial Corp., a closed-ended balanced mutual fund managed by StoneCastle Asset Management LLC is launched. The fund invests in the United States’ public equity markets. It invests in stock of banks and other financial companies. The fund invests in companies that pay dividends and growth stocks. The fixed income component of the fund is invested in subordinated bonds securities that are BBB- and better by Kroll Ratings. To create its portfolio, the fund uses fundamental analysis and bottom-up security selection. This includes reviewing historical and potential financial data, interviewing key bank employees, financial models, projections and financial models, as well as interviews with managers and other staff. To create its portfolio, it uses proprietary research. StoneCastle Financial Corp., which was established February 7, 2013, is based in the United States.

Volume

Today’s last reported volume for StoneCastle Financial Corp is 4891, 64.34% below its average volume of 13717.

As claimed by Morningstar, Inc., the next dividend payment is on Jun 20, 2022, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 8.6%.

StoneCastle Financial Corp’s sales growth this year is anticipated to be 19.4% and 13.1% for next year.

Year-on-year quarterly revenue growth grew by 13.3%, now sitting on 17.92M for the twelve trailing months.

StoneCastle Financial Corp’s sales growth is 19.4% for the ongoing quarter and 21.6% for the next. The company’s growth estimates for the current quarter and the next is 10% and 15%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.79%.

Volatility

StoneCastle Financial Corp’s last day, week, and month’s current intraday variation average was 2.20%, 1.32%, and 1.44%, respectively.

StoneCastle Financial Corp’s highest amplitude of average volatility was 1.86% (day), 3.11% (last week), and 3.04% (last month), respectively.

StoneCastle Financial Corp’s Stock Yearly Top and Bottom Value

StoneCastle Financial Corp’s stock is valued at $18.60 at 08:23 EST, way below its 52-week high of $24.19 and above its 52-week low of $17.32.

StoneCastle Financial Corp’s Moving Average

StoneCastle Financial Corp’s worth is below its 50-day moving average of $18.76 and below its 200-day moving average of $20.32.

6. Nu Skin Enterprises (NUS)

56.27% Payout Ratio

Nu Skin Enterprises, Inc. distributes products for personal and professional care around the world. The company offers skin care systems including the ageLOC ME customized skin care system and ageLOC spa systems; ageLOC LumiSpa treatment and cleaning devices and Epoch products that contain botanical ingredients from renewable sources. It also sells a variety of cosmetic and personal care products. It also sells ageLOC youth nutritional supplements and ageLOC TR90 body shaping and weight management systems. It is also involved in research and development of nutritional supplements and skin care products. The company also has service and retail outlets in Mainland China. The company sells products under Nu Skin, Pharmanex and ageLOC brand names. It promotes and sells products both directly and through distributors. Nu Skin Enterprises, Inc., was established in 1984. It is located in Provo, Utah.

Volume

Today’s last reported volume for Nu Skin Enterprises is 112009, 68.82% below its average volume of 359332.

As stated by Morningstar, Inc., the next dividend payment is on May 25, 2022, the estimated forward annual dividend rate is 1.54 and the estimated forward annual dividend yield is 3.54%.

Nu Skin Enterprises’s sales growth this year is anticipated to be negative 7.9% and 2.1% for next year.

Year-on-year quarterly revenue growth declined by 10.7%, now sitting on 2.62B for the twelve trailing months.

Nu Skin Enterprises’s sales growth is negative 17.5% for the present quarter and negative 1.4% for the next. The company’s growth estimates for the current quarter and the next is negative 34.8% and negative -8.2%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.35%.

Volatility

Nu Skin Enterprises’s last day, week, and month’s current intraday variation average was 0.37%, 1.63%, and 1.52%, respectively.

Nu Skin Enterprises’s highest amplitude of average volatility was 2.42% (day), 2.80% (last week), and 2.42% (last month), respectively.

Nu Skin Enterprises’s Stock Yearly Top and Bottom Value

Nu Skin Enterprises’s stock is valued at $39.04 at 08:23 EST, way below its 52-week high of $56.76 and above its 52-week low of $38.50.

Nu Skin Enterprises’s Moving Average

Nu Skin Enterprises’s worth is below its 50-day moving average of $43.11 and way below its 200-day moving average of $46.54.

LEAVE A REPLY

Please enter your comment!
Please enter your name here