(VIANEWS) - LTC Properties (LTC), TCG BDC (CGBD), Ecopetrol S.A. (EC) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio so far. 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 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. LTC Properties (LTC)
96.61% Payout Ratio
LTC, a real-estate investment trust (REIT), invests in senior housing and other properties. It does this primarily via sale-leasebacks and mortgage financing. LTC has 180 investments across 27 states and 29 partners. It includes approximately half of the portfolio's seniors housing, and half its skilled nursing properties.
Earnings Per Share
As for profitability, LTC Properties has a trailing twelve months EPS of $2.36.
PE Ratio
LTC Properties has a trailing twelve months price to earnings ratio of 16.36. Meaning, the purchaser of the share is investing $16.36 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%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 20, 2022, the estimated forward annual dividend rate is 2.28 and the estimated forward annual dividend yield is 5.86%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.5%, now sitting on 164.57M for the twelve trailing months.
Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 40.6% and 19.4%, respectively.Sales Growth
LTC Properties's sales growth is 10.5% for the ongoing quarter and 7.2% for the next.
2. TCG BDC (CGBD)
64.32% Payout Ratio
TCG BDC, Inc. is a non-diversified closed-end investment company. The fund operates as a business development company. The company provides debt investments in the U.S. middle market companies. It also invests in first lien and second lien senior secured loans; middle market junior loans, such as corporate mezzanine loans, equity co-investments, syndicated first lien and second lien senior secured loans, high-yield bonds, structured finance obligations, and other opportunistic investments. The company was founded in 2012 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, TCG BDC has a trailing twelve months EPS of $0.08.
PE Ratio
TCG BDC has a trailing twelve months price to earnings ratio of 179.12. Meaning, the purchaser of the share is investing $179.12 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 12.63%.3. Ecopetrol S.A. (EC)
47.85% Payout Ratio
Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2021, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, South America, and internationally. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is based in Bogotá, Colombia.
Earnings per Share
Ecopetrol S.A.'s trailing 12 month EPS is $2.14.
PE Ratio
Ecopetrol S.A.'s trailing 12-month price-to-earnings ratio is 4.25. The purchaser of the shares is therefore investing $4.25 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 37.63%.4. ChoiceOne Financial Services (COFS)
34.25% Payout Ratio
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, as well as certificates of deposit. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, and St. Clair counties, Michigan. The company was founded in 1898 and is headquartered in Sparta, Michigan.
Earnings per Share
ChoiceOne Financial Services' trailing 12 month EPS is $2.92.
PE Ratio
ChoiceOne Financial Services' trailing 12-month price-to-earnings ratio is 8.2. The purchaser of the shares is therefore investing $8.2 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 11.51%.Volume
Today's last reported volume for ChoiceOne Financial Services is 1685 which is 79.4% below its average volume of 8183.