(VIANEWS) - American Assets Trust (AAT), Saratoga Investment Corp New (SAR), Nuveen California Select Tax (NXC) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. 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. American Assets Trust (AAT)
182.61% Payout Ratio
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.
Earnings per Share
American Assets Trust's trailing 12 months earnings per share (EPS) is $0.69
PE Ratio
American Assets Trust's trailing 12-month price-earnings ratio is 41.77. The purchaser of the shares is therefore investing $41.77 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 4.47%.Revenue Growth
Year-on-year quarterly revenue growth grew by 12.6%, now sitting on 414.6M for the twelve trailing months.
Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be made Dec 6, 2022. The forward annual dividend rate for the year is estimated at 1.28, and the forward annual dividend yield to be 4.44%.
Yearly Top and Bottom Value
American Assets Trust's stock is valued at $28.82 at 07:23 EST, way below its 52-week high of $39.20 and way higher than its 52-week low of $24.01.
Moving Average
American Assets Trust is worth more than its moving average for 50 days of $26.71 but less than its moving average for 200 days of $31.35.2. Saratoga Investment Corp New (SAR)
155.15% Payout Ratio
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. It seeks to invest in the United States. The firm primarily invests $5 million to $20 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $150 million. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. is based in New York, New York with an additional office in Florham Park, New Jersey.
Earnings per Share
Saratoga Investment Corp New's trailing 12 months EPS is $2.89.
PE Ratio
Saratoga Investment Corp New's trailing 12 months earnings to price ratio is 9.41. The purchaser of the shares is therefore investing $9.41 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a business, was 4.9%.3. Nuveen California Select Tax (NXC)
101.73% Payout Ratio
Nuveen California Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.
Earnings per Share
Nuveen California Select tax has a trailing 12 month EPS of 0.49 in terms of profitability.
PE Ratio
The trailing 12 months earnings to price ratio for Nuveen California Select tax is 27.51. The purchaser of the shares is investing $27.51 per dollar in annual earnings.
Volume
Today's last reported volume for Nuveen California Select Tax is 8394 which is 36.86% below its average volume of 13295.
Moving Average
Nuveen California Select tax's value is greater than its 50-day average $13.08 or its 200-day average $13.84.4. Broadcom (AVGO)
68.82% Payout Ratio
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing merchant silicon products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic transmitter and receiver components. The company also offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; and optocouplers, industrial fiber optics, and motion control encoders and subsystems. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California.
Earnings per Share
Broadcom's trailing 12 month EPS is $8.65.
PE Ratio
Broadcom's trailing 12-month price-earnings ratio is 61.26. The purchaser of the shares is therefore investing $61.26 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 44.73%.Moving Average
Broadcom's worth is way higher than its 50-day moving average of $478.03 and under its 200-day moving average of $532.60.Revenue Growth
Year-on-year quarterly revenue growth grew by 24.9%, now sitting on 31.68B for the twelve trailing months.
Sales Growth
Broadcom's sales growth is 20.2% for the present quarter and 14.5% for the next.
5. Hope Bancorp (HOPE)
30.94% Payout Ratio
Hope Bancorp, Inc. is the Bank of Hope's holding company. It provides small- and medium-sized business banking and individual services in the United States. It accepts individual and company checking and savings. The company offers commercial loans for businesses to finance a variety of purposes such as purchasing inventory, working capital, debt refinancing and business acquisitions. Real estate loans are also available. Small business administration loans and loans for consumers, including single-family, personal, car, and home equity loans. Trade finance services include the negotiation and issuance of letters of credit; documentary collection; warehouse credit for mortgage loan originators; commercial equipment leasing financing; and warehouse credit. It also offers cash management services such as remote deposit capture and lockbox and ACH origination; investment and wealth management; mobile banking; debit card services and safe deposit boxes; customary banking services; internet banking; and automated teller machines services. The company had 58 branches that provided full service in California, Washington and Texas as of January 26, 2021. There were also SBA loan production centers in Seattle, Denver and Dallas. In August 2016, the company, previously known as BBCN Bancorp, Inc., changed its name into Hope Bancorp, Inc. Hope Bancorp, Inc. is an American corporation that was founded in 2000. Its headquarters are located in Los Angeles, California.
Earnings per Share
Hope Bancorp's trailing twelve-month EPS is $1.81.
PE Ratio
Hope Bancorp's trailing 12-month price-to-earnings ratio is 7.54. The purchaser of the shares is therefore investing $7.54 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 10.77%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 1, 2022, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 4.17%.
Volume
Today's last reported volume for Hope Bancorp is 394334 which is 44.63% below its average volume of 712288.
6. Timberland Bancorp (TSBK)
30.85% Payout Ratio
Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market deposit accounts, checking accounts, regular savings accounts, and certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land loans. In addition, it offers consumer loans comprising home equity lines of credit and second mortgage loans; and automobile loans, boat loans, motorcycle loans, recreational vehicle loans, savings account loans, and unsecured loans, as well as commercial business loans. The company operates 24 branches located in Grays Harbor, Pierce, Thurston, Kitsap, King, and Lewis counties in Washington. As of September 30, 2020, it operated 25 proprietary automated teller machines. Timberland Bancorp, Inc. was founded in 1915 and is based in Hoquiam, Washington.
Earnings Per Share
As for profitability, Timberland Bancorp has a trailing twelve months EPS of $2.82.
PE Ratio
Timberland Bancorp has a trailing twelve months price to earnings ratio of 12.15. Meaning, the purchaser of the share is investing $12.15 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 11.09%.