(VIANEWS) – Investcorp Credit Management BDC (ICMB), Advance Auto Parts (AAP), Watsco (WSO) are the highest payout ratio stocks on this list.

We have gathered information about stocks with the highest payout ratio up until now. 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 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. 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 $-0.131.

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%.

Volume

The Investcorp Credit management BDC’s latest reported volume is 23519, 8.26% lower than its average volume which was 25638.

Annual Top and Bottom Value

Investcorp Credit Management BDC stock was valued at $3.73 as of 01:23 EST. This is way lower than its 52 week high of $5.73, and much higher than its low 52-week of $3.24.

Revenue growth

The year-on-year revenue growth for quarterly sales declined 12.1%. We now have 24.43M in the 12 trailing months.

2. Advance Auto Parts (AAP)

70.51% Payout Ratio

Advance Auto Parts, Inc. offers automotive parts, accessories, batteries, maintenance products, as well as replacement parts for import and domestic cars, vans, light- and heavy-duty trucks, SUVs, sport utility vehicles, and vans. It offers parts and accessories for batteries, such as belts and sleeves; brakes, hoses, and clutches. The company also sells air conditioner chemicals and accessories, antifreeze, washer fluids, electrical wires, fuses, electronics, floor mats, and seat covers; hand and specialty tool; light products; sealants and adhesives; compound tires; repair accessories; exterior accessories, vent shades, and mirrors; cleansers, washes, and cleaning supplies; as well as wiper blades. The company also offers oil and fuel additives, fuel filters, grease and lubricants, oil filters, oil filters, and part cleaners, as well as transmission fluids to maintain your engine. It also offers services such as battery and wiper installations, engine light scanning testing checking, electrical system testing and video clinics. The company also sells products via its website. The company serves both professional and DIY customers. Advance Auto Parts, Inc. manages its stores under the Autopart International, Carquest, Worldpac and Advance Auto Parts brand names. It had 4,877 retail stores and 160 branches across the United States and Puerto Rico. The company also served 1 253 independent Carquest-branded shops in Mexico, Mexico, Turks and Caicos and British Virgin Islands. It was established in Raleigh, North Carolina in 1929.

Earnings per Share

Advance Auto Parts’ trailing 12-month EPS is $7.8.

PE Ratio

Advance Auto Parts’ trailing 12-month price-to-earnings ratio is 18.91. The purchaser of the shares is investing $18.91 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 16.13%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 14, 2022, the estimated forward annual dividend rate is 6 and the estimated forward annual dividend yield is 4.07%.

3. Watsco (WSO)

64.67% Payout Ratio

Watsco Inc. and its subsidiaries distribute air conditioning and heating equipment. They also sell related parts and supplies throughout the United States. You can find residential and commercial ducted air conditioners as well as heating and cooling equipment for both indoor and outdoor use. It also offers parts such as replacement compressors and evaporator coils as well as motors and other components. The company serves dealers and contractors who service residential and light commercial refrigeration, heating and central air conditioning systems. The company also exports to Latin America, and the Caribbean Basin. Watsco Inc. was established in 1945. Its headquarters are in Miami, Florida.

Earnings per Share

Watsco’s trailing 12 month EPS is $7.67.

PE Ratio

Watsco’s trailing 12-month price-earnings ratio is 36.38. The purchaser of the shares is therefore investing $36.38 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 29.61%.

Volume

The Watsco volume reported today is 161406, which is 46.8% lower than its average volume (299939).

Annual Top and Bottom Value

Watsco stock was valued at $279.01 as of 01:24 EST. This is way lower than the 52-week high at $318.98, and much higher than the 52-week low at $220.68.

4. Franklin Financial Services Corporation (FRAF)

38.32% Payout Ratio

Franklin Financial Services Corporation is the bank holding firm for Farmers and Merchants Trust Company. It provides trust services and commercial and retail banking to individuals, small and medium-sized business, and governmental entities in Pennsylvania. You can choose from checking, saving, money management and demand deposit options. It also offers commercial real estate and construction, land development, residential mortgage loans as well as installment or revolving loans to customers. It also offers various trust and investment services including estate planning, administration, corporate trust fund management and pension sharing, profit sharing, and employee benefit funds management. The company offers custodial and safe deposit services as well as mutual funds, annuities and insurance products. Through its subsidiary Franklin Future Fund Inc. the company is a nonbank investment company making venture capital investments. There are 22 community banks in Franklin, Cumberland and Fulton counties. Franklin Financial Services Corporation was established in 1906. It is located in Chambersburg in Pennsylvania.

Earnings per Share

Franklin Financial Services Corporation’s trailing twelve-month EPS is $3.34.

PE Ratio

Franklin Financial Services Corporation’s trailing 12-month price-earnings ratio is 9.54. The purchaser of the shares is therefore investing $9.54 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 11.4%.

5. AllianzGI Convertible & Income Fund II (NCZ)

32.14% Payout Ratio

AllianzGI Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in-house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund II. AllianzGI Convertible & Income Fund II was formed on July 31, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, AllianzGI Convertible & Income Fund II has a trailing twelve months EPS of $1.4.

PE Ratio

AllianzGI Convertible & Income Fund II has a trailing twelve months price to earnings ratio of 2.16. Meaning,
the purchaser of the share is investing $2.16 for every dollar of annual earnings.

Annual Top and Bottom Value

At 01:24 EST AllianzGI Convertible & Income Fund II stock was valued at $3.02, which is way lower than its 52 week high of $5.30 but way higher than its low 52-week of $2.68.

Dividend Yield

According to Morningstar, Inc., December 8, 2022 will be the next distribution. The forward dividend rate for 2020 is 0.45, and the forward dividend yield is 15.2%.

Volume

The AllianzGI Convertible & Income Fund 2 last reported volume is 761309, which is 36.83% higher than its average volume (556362).

Moving Average

AllianzGI Convertible & Income Fund II’s value is higher than its 50-day moving average of $2.95 and way below its 200-day moving average of $3.51.

6. Church & Dwight Company (CHD)

31.19% Payout Ratio

Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products. It operates through three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand. Its specialty products include animal productivity products, such as MEGALAC rumen bypass fat, a supplement that enables cows to maintain energy levels during the period of high milk production; BIO-CHLOR and FERMENTEN, which are used to reduce health issues associated with calving, as well as provides needed protein; and CELMANAX refined functional carbohydrate, a yeast-based prebiotic. The company offers sodium bicarbonate; and cleaning and deodorizing products. It sells its consumer products through supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and other discount stores, pet and other specialty stores, and websites and other e-commerce channels; and specialty products to industrial customers and livestock producers through distributors. The company was founded in 1846 and is headquartered in Ewing, New Jersey.

Earnings per Share

Church & Dwight Company’s trailing twelve-month EPS is $3.08.

PE Ratio

The trailing 12 months price-to-earnings ratio for Church & Dwight Company is 25.61. The purchaser of the shares is investing $25.61 per dollar in annual earnings.

For the 12 trailing months, the company’s return-on-equity, which is a measure of the profitability of a business relative shareholder equity, was 22.51%.

Revenue growth

The year-over-year growth in quarterly revenue was 4.2%. We now have 5.3B dollars for the 12 trailing months.

Volume

The Church & Dwight Company’s latest reported volume is 489591, which is 70.35% lower than its average volume at 1651680.

Sales Growth

The Church & Dwight Company saw a 5.3% increase in sales for the current quarter, and 10.3% the following.

Growth Estimates Quarters

For the current quarter, the company expects a growth rate of negative 5.3% for the business and positive 7.5% the following.