(VIANEWS) - Investcorp Credit Management BDC (ICMB), Nuveen (JPC), Lockheed Martin Corporation (LMT) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio at the moment. 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. Investcorp Credit Management BDC (ICMB)
333.33% Payout Ratio
CM Finance Inc., a business development firm, specializes in recapitalization, loan, mezzanine and middle market investments. The fund invests primarily in the United States and Europe. The fund primarily invests in the Midatlantic, Northeast, Southeast and West Coast regions of America. It invests primarily in cables and satellites, consumer services, healthcare equipment and services, industrials and information technology. Funds that have EBITDA greater than $15,000,000 are eligible to be invested in. Fund headquarters are in New York, New York.
Earnings Per Share
As for profitability, Investcorp Credit Management BDC has a trailing twelve months EPS of $0.18.
PE Ratio
Investcorp Credit Management BDC has a trailing twelve months price to earnings ratio of 24.44. Meaning, the purchaser of the share is investing $24.44 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
Investcorp Credit Management BDC's stock is valued at $4.40 at 08:24 EST, way under its 52-week high of $5.73 and way higher than its 52-week low of $3.70.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.1%, now sitting on 24.43M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 21, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 13.64%.
2. Nuveen (JPC)
120% Payout Ratio
Nuveen Investments Inc. launched the Nuveen Preferred & Income Opportunities Fund, a closed-ended balanced mutual fund. Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, NWQ Investment Management Company, LLC co-manage the fund. The fund invests in fixed and public income markets within the United States. It invests in securities from companies that operate across diverse sectors. The fund invests mainly in preferred securities and dividend-paying stocks of companies. It also holds corporate and taxable municipal bonds that are at least BBB/Baa by S&P or Moody's. To create its portfolio, the fund combines fundamental analysis and a top-down stock selection approach. The fund benchmarks its performance against both the BofA/Merrill Lynch Preferred Stock Fixed Rate Index (82.5% BofA/Merrill Lynch Preferred Stock Fixed Rate Index) and the JPC Blended Index (17.5% Barclays Capital Securities Index). The former name of the fund was Nuveen Preferred income Opportunities Fund. Nuveen Preferred Income Opportunities Fund was established on March 26, 2003. It is based in the United States.
Earnings Per Share
As for profitability, Nuveen has a trailing twelve months EPS of $-0.24.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.49%.Moving Average
Nuveen 's worth is way under its 50-day moving average of $7.86 and way under its 200-day moving average of $8.31.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 11, 2022, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 7.76%.
3. Lockheed Martin Corporation (LMT)
63.58% Payout Ratio
Lockheed Martin Corporation is an aerospace and security company that engages in research, design and development of products and technologies. The company operates in four areas: Aeronautics and Missiles and Fire Control; Rotary and Mission System, and Space. Aeronautics offers unmanned aircraft and combat- and air mobility planes, as well as related technologies. Missiles and Fire Control provides missile and air defense systems, tactical missiles and ground-to-ground precision strikes weapon systems, logistics, fire control systems, mission operations support and engineering support as well as integration services. It also offers energy management and energy management options. Rotary and Mission System offers military and civilian helicopters as well as surface and ground-based missile defense systems. It also provides radar systems and sea- and air-based missions and combat systems. Command and control mission solutions and cyber solutions are available. Space offers space transport systems, satellites, strategic, advanced strike and defense missile systems, as well as classified services and systems to support national security system systems. The segment provides network-enabled status awareness, integrates ground and space-based systems, to assist customers in gathering, analyzing, and securely distributing critical intelligence data. This segment serves the U.S. government and foreign military sales through the U.S. Lockheed Martin Corporation was established in 1912, and its headquarters is in Bethesda in Maryland.
Earnings Per Share
As for profitability, Lockheed Martin Corporation has a trailing twelve months EPS of $24.78.
PE Ratio
Lockheed Martin Corporation has a trailing twelve months price to earnings ratio of 16.29. Meaning, the purchaser of the share is investing $16.29 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 52.39%.4. Weyco Group (WEYS)
38.71% Payout Ratio
Weyco Group, Inc., along with its subsidiaries, design and distribute footwear for children, men, and women. The company operates in two areas: North American Wholesale Operations (NAWO) and North American Retail Operations (NARO). It offers leather shoes for casual and formal wear in mid-price ranges, including leather shoes of man-made leather and leather shoes. The brand names Florsheim and Nunn Bush and Stacy Adams are also available. The company also wholesales its products to around 10,000 specialty, department and retail stores as well as online retailers. Five brick-and-mortar retail outlets were open in the United States as of December 31, 2020. It also has licensing agreements in place with third parties who can sell the company's branded clothing, accessories and special footwear. Weyco Group, Inc. is available in all 50 states, Canada, Australia, Asia, Europe, Australia, South Africa, and Canada. The original name of the company was Weyenberg Shoe Manufacturing Company. In April 1990, it changed its name from Weyco Group, Inc. Weyco Group, Inc. is located in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Weyco Group has a trailing twelve months EPS of $2.48.
PE Ratio
Weyco Group has a trailing twelve months price to earnings ratio of 8.27. Meaning, the purchaser of the share is investing $8.27 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 12.24%.Revenue Growth
Year-on-year quarterly revenue growth grew by 29.2%, now sitting on 318.9M for the twelve trailing months.
5. Seagate Technology (STX)
37.64% Payout Ratio
Seagate Technology Holdings plc offers data storage technology solutions and services in Singapore, the United States and the Netherlands. The company offers mass-capacity storage products including enterprise nearline solid drive (SSDs), enterprise closeline systems (HDDs), video and image HDDs, as well as enterprise nearline hard drives (HDDs), and enterprise nearline solid drives (SSDs). It also provides legacy applications, including Mission Critical HDDs or SSDs. The company also sells external storage solutions under the Seagate Ultra Touch and One Touch brand names, desktop drives; notebook drives and DVR HDDs. Lyve Edge-to-Cloud mass capacity platform is also offered by the company. It sells products to OEMs and distributors. Seagate Technology Holdings plc, which was established in 1978 is located in Dublin, Ireland.
Earnings Per Share
As for profitability, Seagate Technology has a trailing twelve months EPS of $3.96.
PE Ratio
Seagate Technology has a trailing twelve months price to earnings ratio of 13.58. Meaning, the purchaser of the share is investing $13.58 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 445.68%.