(VIANEWS) - OFS Capital Corporation (OFS), The RMR Group (RMR), Garmin (GRMN) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up until now. 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 researching 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. OFS Capital Corporation (OFS)
213.46% Payout Ratio
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $5 million and $35 million, revenues between $10 million and $200 million, annual EBITDA more than $5 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second-lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority as well as majority stake in the investments made. It also co-invests with its partners for additional capital.
Earnings per Share
OFS Capital Corporation's trailing twelve-month EPS is $0.52.
PE Ratio
OFS Capital Corporation's trailing 12-month price-to-earnings ratio is 19.6. The purchaser of the shares is therefore investing $19.6 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 3.8%.Moving Average
OFS Capital Corporation's worth is above its 50-day moving average of $10.13 and under its 200-day moving average of $10.84.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be made Dec 21st 2022. The forward annual dividend rate for 2020 is estimated at 1.16, and the forward annual dividend yield to be 11.43%.
2. The RMR Group (RMR)
71.3% Payout Ratio
Through its subsidiary The RMR Group LLC The RMR Group Inc. provides property and business management services throughout the United States. It provides services for its three real estate operation companies and four real estate investment trusts that are publicly traded. The company also offers investment advisory services. The business was formerly called REIT Management & Research Inc., but it changed its name in September 2015 to The RMR Group Inc. RMR Group Inc. was established in 1986. It is located in Newton, Massachusetts.
Earnings per Share
For profitability, the RMR Group's trailing 12 months EPS is $1.73
PE Ratio
Trailing 12 months earnings to price ratio for RMR Group is 16.37. The purchaser of the shares is therefore investing $16.37 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 17.82%.3. Garmin (GRMN)
52.09% Payout Ratio
Garmin Ltd. develops and markets a variety of wireless devices throughout the Americas and the Asia Pacific. The Fitness segment includes running and multisport watches, cycling products, activity tracking devices and smartwatches; as well as accessories for fitness and bicycling. Connect IQ and Garmin Connect Mobile are mobile and web platforms. This segment also offers Garmin Connect, Garmin Connect Mobile and Garmin Connect Mobile. Outdoor products include adventure watches, handhelds for outdoor use, mobile apps and golf devices, as well as dog training and tracking devices. The Aviation segment manufactures and markets numerous aircraft avionics products. These include integrated flight decks and electronic flight instruments, navigation and communication devices, safety-enhancing technologies and automatic flight control systems. It also designs and produces engine control systems. Its Marine segment offers chartplotters, multi-functional displays, navigation products and sonar products. The Auto segment includes embedded computing models, infotainment and personal navigation devices as well as cameras. Garmin.com is an online shop that sells products from independent dealers and online retailers. Garmin Ltd. was established in 1989 in Schaffhausen (Switzerland).
Earnings per Share
Garmin's trailing 12 month EPS is $5.47.
PE Ratio
Garmin's trailing 12-month price-earnings ratio is 17.44. The purchaser of the shares is therefore investing $17.44 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 16.47%.Annual Top and Bottom Value
Garmin stock was valued at $95.38 as of 19:23 EST at a low price of $138.25, and a lot higher than the 52-week low at $76.37.
Sales Growth
Garmin sales growth in the most recent quarter was negative 6.6%.
Previous days news about Garmin (GRMN)
- Garmin brings atari into its car cabin of the future. According to VentureBeat on Wednesday, 4 January, "Mapbox enabled Garmin to accelerate the delivery of this demo in a fraction of the time. ", "With audio streaming, Garmin tapped Xperi's DTS AutoStage hybrid radio solution, which provides a richer, more immersive radio listening experience. "
4. Franklin Resources (BEN)
45.85% Payout Ratio
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Earnings Per Share
As for profitability, Franklin Resources has a trailing twelve months EPS of $2.53.
PE Ratio
Franklin Resources has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing $10.61 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%.Revenue Growth
Year-on-year quarterly revenue growth declined by 11.1%, now sitting on 8.28B for the twelve trailing months.
Annual Top and Bottom Value
At 19:23 EST Franklin Resources stock was valued at $26.85, which is way below its 52 week high of $36.45 but well above its low 52-week of $20.24.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Franklin Resources's EBITDA is 2.17.