(VIANEWS) - Portman Ridge Finance Corporation (PTMN), Steelcase (SCS), Southwest Gas Corporation (SWX) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up until now. The payout ratio in itself isn't a promise 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 investigating 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. 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 primarily 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; mezzanine loan amounts from $5m to $15m maturing over seven to ten-year periods; equity investments ranging from $1 million to $5m; and senior secured loans ranging from $2m to $20m 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 total debt between $25m and $150m. Along with its private equity sponsors, it invests in equity positions that are minority or majority-controlled.
Earnings Per Share
As for profitability, Portman Ridge Finance Corporation has a trailing twelve months EPS of $0.63.
PE Ratio
Portman Ridge Finance Corporation has a trailing twelve months price to earnings ratio of 34.78. Meaning, the purchaser of the share is investing $34.78 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 1.04%.Moving Average
Portman Ridge Finance Corporation's value is above its 50-day moving average of $21.50 and below its 200-day moving average of $22.57.Volume
Today's last reported volume for Portman Ridge Finance Corporation is 7391 which is 67.62% below its average volume of 22826.
Annual Top and Bottom Value
Portman Ridge Finance Corporation stock was valued at $21.91 as of 01:23 EST. This is way lower than the 52-week high at $25.43, and much higher than the 52-week low at $19.26.
Dividend Yield
According to 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 12.33%.
2. Steelcase (SCS)
356.67% Payout Ratio
Steelcase Inc. produces and sells interior architecture products, as well as user-centered technology and integrated furniture sets, in the United States. The company operates in Americas, EMEA and other segments. Its furniture products include panels, beam and fence-based furniture, storage products and fixed and height-adjustable tables. The company's seating products include task chairs, seating for casual or collaborative settings and special seating for vertical markets like healthcare and education. Interior architectural products offered by the company include architectural pods and full height walls. The company also offers textiles and wall coverings and surface imaging solutions to architects and designers. It also provides workplace strategy consulting and data-driven space measurements, lease origination and furniture management. It sells products to retail, corporate and government customers. The company distributes products and services via a network independent dealers and company-owned distributors, and directly to customers. It was established in Grand Rapids in Michigan in 1912.
Earnings Per Share
As for profitability, Steelcase has a trailing twelve months EPS of $0.15.
PE Ratio
Steelcase has a trailing twelve months price to earnings ratio of 46.67. Meaning, the purchaser of the share is investing $46.67 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 2.09%.3. Southwest Gas Corporation (SWX)
102.78% Payout Ratio
Through its subsidiaries, Southwest Gas Holdings, Inc. purchases, distributes, transports and transports natural gases in Arizona, Nevada, California. It operates two divisions: Natural Gas Operations, and Utility Infrastructure. It had 2123,000 customers in natural gas operations as of December 31, 2020. It also offers trenching, installation, replacement and maintenance services to energy distribution systems. Southwest Gas Holdings, Inc., was founded in 1931. It is located in Las Vegas, Nevada.
Earnings per Share
Southwest Gas Corporation's trailing twelve-month EPS is $4.14.
PE Ratio
Southwest Gas Corporation's trailing 12 months earnings to price ratio is 15.11. The purchaser of the shares is investing $15.11 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 4.62%.4. WD-40 Company (WDFC)
62.45% Payout Ratio
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also provides multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name. In addition, the company offers automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and liquid mildew stain removers and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
Earnings per Share
WD-40 Company's trailing 12 months EPS is $4.9.
PE Ratio
WD-40 Company's trailing 12-month price-earnings ratio is 32.74. The purchaser of the shares is therefore investing $32.74 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 34.62%.Revenue Growth
Year-on-year quarterly revenue growth grew by 13.2%, now sitting on 518.82M for the twelve trailing months.
Annual Top and Bottom Value
WD-40 Company stock was valued at $160.43 as of 01:23 EST. This is way lower than its 52 week high of $255.31 but higher than its low 52-week of $145.16.
5. MSC Industrial Direct Company (MSM)
49.5% Payout Ratio
MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products in the United States, Canada, Mexico, and the United Kingdom. The company's MRO products comprise cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It offers approximately 1.7 million stock-keeping units through its catalogs and brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and call-centers and branches. The company serves through its distribution network of 99 branch offices and 12 customer fulfillment centers. It serves individual machine shops, Fortune 100 manufacturing companies, and government agencies, as well as manufacturers of various sizes. The company was founded in 1941 and is headquartered in Melville, New York.
Earnings per Share
MSC Industrial Direct Company's trailing 12 months EPS is $6.06.
PE Ratio
MSC Industrial Direct Company's trailing 12-month price-to-earnings ratio is 13.77. The purchaser of the shares is therefore investing $13.77 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 26.98%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 16.8% and 8.5% respectively.Annual Top and Bottom Value
MSC Industrial Direct Company stock was valued at $83.45 as of 01:24 EST. This is below its 52 week high of $87.99, and much higher than its low 52-week of $71.33.
Sales Growth
MSC Industrial Direct Company has experienced a 11.7% and 8.3% sales growth in the current quarter.
6. Fifth Third Bancorp (FITB)
37.96% Payout Ratio
Fifth Third Bank is as innovative as its history. We have been providing smart financial services to improve the lives of individuals, families and businesses since 1858. We have a long list of firsts and this continues as we look at the intersection between tech-driven innovation and dedicated people and community impact. Fifth Third, a U.S. bank, has been one of Ethisphere's World's Most Ethical Businesses(r) over several years. Our goal is to take care of customers, employees and communities. We also want to be America's most trusted bank. Fifth Third Bank National Association, a federally chartered bank. Fifth Third Bancorp, Fifth Third Bank's indirect parent company is listed on the NASDAQ Global Select Market as "FITB" and investors can view investor information and press releases at www.53.com.
Earnings Per Share
As for profitability, Fifth Third Bancorp has a trailing twelve months EPS of $2.72.
PE Ratio
Fifth Third Bancorp has a trailing twelve months price to earnings ratio of 12.04. Meaning, the purchaser of the share is investing $12.04 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 12.08%.Volume
Today's last reported volume for Fifth Third Bancorp is 3833520 which is 19.56% below its average volume of 4766280.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 3.72%.