(VIANEWS) – Artisan Partners Asset Management (APAM), DNP Select Income Fund (DNP), Wabash National Corporation (WNC) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio as yet. 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 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. Artisan Partners Asset Management (APAM)

82.92% Payout Ratio

Artisan Partners Asset Management Inc., a publicly-owned investment manager, is Artisan Partners Asset Management Inc. The company provides services for pension plans and profit sharing plans as well trusts, foundations and charitable organizations. The firm manages client-focused fixed and equity portfolios. It invests worldwide in fixed and public income markets. The firm invests in value and growth stocks from companies of all sizes. The firm also invests in fixed income components such as non-investment-grade corporate bonds, secured and unsecured loans and corporate bonds. To create their portfolios, it uses fundamental analysis. Artisan Partners Asset Management Inc., founded 1994, is located in Milwaukee, Wisconsin. It also has additional offices in Atlanta; New York City, San Francisco, California, Leawood (Kansas) and London, United Kingdom.

Earnings Per Share

As for profitability, Artisan Partners Asset Management has a trailing twelve months EPS of $4.05.

PE Ratio

Artisan Partners Asset Management has a trailing twelve months price to earnings ratio of 7.03. Meaning,
the purchaser of the share is investing $7.03 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 122.6%.

Sales Growth

Artisan Partners Asset Management’s sales growth is negative 14.8% for the ongoing quarter and negative 24% for the next.

2. DNP Select Income Fund (DNP)

80.41% Payout Ratio

Virtus Investment Partners, Inc. launched DNP Select Income Fund Inc., a closed-ended balanced mutual fund. Duff & Phelps Investment Management Co manages the fund. The fund invests in fixed income and public equity markets in the United States. The fund also invests in bonds for the fixed income segment. The fund invests in stock of businesses in the utility sector. It invests in stock of all companies regardless of their market capitalization. The fund benchmarks its portfolio performance against the S&P 500 Utilities Index, and Barclays Capital U.S. Utility Bond Index. DNP Select Income Fund Inc. is a U.S.-based company that was established on November 26, 1986.

Earnings Per Share

As for profitability, DNP Select Income Fund has a trailing twelve months EPS of $0.97.

PE Ratio

DNP Select Income Fund has a trailing twelve months price to earnings ratio of 10.98. Meaning,
the purchaser of the share is investing $10.98 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 9.58%.

Volume

Today’s last reported volume for DNP Select Income Fund is 748808 which is 95.08% above its average volume of 383830.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 0.78 and the estimated forward annual dividend yield is 7.13%.

Moving Average

DNP Select Income Fund’s value is below its 50-day moving average of $11.24 and under its 200-day moving average of $11.20.

Yearly Top and Bottom Value

DNP Select Income Fund’s stock is valued at $10.65 at 08:23 EST, way below its 52-week high of $12.00 and above its 52-week low of $10.06.

3. Wabash National Corporation (WNC)

74.42% Payout Ratio

Wabash National Corporation develops, produces, and distributes engineered solutions primarily for the distribution, transportation and logistics industries. Transportation Solutions and Parts & Services are the two main segments of Wabash National Corporation. Transportation Solutions offers dry platform and platform trailers, refrigerated trailers and converter dollies. It also provides van bodies for dry freight transportation. Service bodies include insulated van bodies and stake bodies. Refrigerated truck bodies are available as well as used trailers and laminated hardwood oak flooring. The segment offers aluminum and stainless steel tank trailers, as well as dry bulk trailers and reinforced poly tanks trailers. Parts & Services provides parts and services for aluminum and steel flatbed body, shelf delivery, thermal solutions, roof racks and hitches as well as door and collision repairs. The segment offers stainless steel storage and silos as well as mixers and processors to the food, beverage, chemical, craft beer, and biotech markets. It also sells composite products such truck bodies and overhead doors and other products for industrial applications. It offers products under the Wabash and DuraPlate brands. The company distributes products through independent dealers, truckload common carriers and leasing companies as well as private fleet carriers and less-than-truckload common carrier carriers. Lafayette is the headquarters of this company, which was established in 1985.

Earnings Per Share

As for profitability, Wabash National Corporation has a trailing twelve months EPS of $0.24.

PE Ratio

Wabash National Corporation has a trailing twelve months price to earnings ratio of 65.93. Meaning,
the purchaser of the share is investing $65.93 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 5.55%.

Yearly Top and Bottom Value

Wabash National Corporation’s stock is valued at $15.56 at 08:24 EST, way under its 52-week high of $21.63 and way above its 52-week low of $12.23.

4. Deswell Industries (DSWL)

39.22% Payout Ratio

Deswell Industries, Inc. produces and sells plastic components and parts, as well as electronic products and subassemblies, metallic molds, and accessories for contract and original equipment producers. Plastic Injection Molding is and Electronic Products Assembling are its two main segments. It produces plastic parts and components used in manufacturing consumer and industrial goods. These include parts for electronics, such as flashlights, phones, printers, and scanners. It also provides electronic products that consist of audio equipment, including digital and analogue mixing consoles, amplifiers, signal processors, audio interfaces, network audio equipment, and speaker enclosures; consumer audio products, such as multi-channel receivers-amplifiers, and wired and wireless audio streaming products; printed circuit board assemblies; and IoT products. It sells products in China, Hong Kong and the United States. Deswell Industries, Inc., was established in Macau in 1987.

Earnings Per Share

As for profitability, Deswell Industries has a trailing twelve months EPS of $0.51.

PE Ratio

Deswell Industries has a trailing twelve months price to earnings ratio of 6.19. Meaning,
the purchaser of the share is investing $6.19 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 9.33%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24.2%, now sitting on 85.98M for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 28, 2022, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 6.35%.

Yearly Top and Bottom Value

Deswell Industries’s stock is valued at $3.15 at 08:24 EST, way below its 52-week high of $5.20 and above its 52-week low of $3.00.

Volume

Today’s last reported volume for Deswell Industries is 2021 which is 45.21% below its average volume of 3689.

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