Payout ratio isn’t among the top of the list for most investors when they analyze a stock for investment, but it is an important indicator of what stage of business a company is in.
A company with a low payout ratio is generally seen as reinvesting more money back into its business, while a company with a high payout ratio could mean that it is reinvesting less and paying out relatively more in the form of dividends. In this article, we will take a look at 10 asset management companies with a high payout ratio.
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10 Asset Management Companies With A High Payout Ratio
We have only considered asset management companies with a payout ratio of more than 50% (data from finviz.com) and have ranked them on the basis of their market capitalization (as of Sept. 23, 2022) to come up with 10 asset management companies with a high payout ratio.
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Sprott
Founded in 2008 and headquartered in Toronto, Canada, this company operates through Exchange Listed Products, Lending, Managed Equities, Brokerage, and Corporate segments. Sprott Inc. (NYSE:SII) shares are down by almost 27% year to date and down over 10% in the last three months.
As of this writing, Sprott shares are trading at above $32 (52-week range of $32.03 to $57.00), giving it a market capitalization of more than $850 million.
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Bain Capital Specialty Finance
Founded in 2015 and headquartered in Boston, Mass., this company focuses on investment in middle-market companies. Bain Capital Specialty Finance Inc (NYSE:BCSF) shares are down by almost 12% year to date and down over 2% in the last three months.
As of this writing, Bain Capital Specialty Finance shares are trading at above $13 (52-week range of $13.38 to $16.29), giving it a market capitalization of more than $890 million.
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Patria Investments
Founded in 1994 and headquartered in the Cayman Islands, it is a leading alternative asset management firm. Patria Investments Ltd (NASDAQ:PAX) shares are down by over 19% year to date and down over 4% in the last three months.
As of this writing, Patria Investments shares are trading at above $13 (52-week range of $12.51 to $19.49), giving it a market capitalization of more than $2 billion.
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Golub Capital BDC
Founded in 2009 and headquartered in New York City, it is a closed-end, non-diversified management investment company. Golub Capital BDC Inc (NASDAQ:GBDC) shares are down by over 18% year to date and down almost 2% in the last three months.
As of this writing, Golub Capital BDC shares are trading at above $12 (52-week range of $12.55 to $16.23), giving it a market capitalization of more than $2.10 billion.
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Artisan Partners Asset Management
Founded in 1994 and headquartered in Milwaukee, Wis., this company offers a broad range of value-added investment strategies. Artisan Partners Asset Management Inc (NYSE:APAM) shares are down by over 37% year to date and down almost 21% in the last three months.
As of this writing, Artisan Partners Asset Management shares are trading at above $29 (52-week range of $29.93 to $52.42), giving it a market capitalization of more than $2.40 billion.
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Main Street Capital
Founded in 2007 and headquartered in Houston, Texas, it is a principal investment firm that provides long-term debt and equity capital to lower middle market companies. Main Street Capital Corporation (NYSE:MAIN) shares are down by over 19% year to date and down almost 6% in the last three months.
As of this writing, Main Street Capital shares are trading at above $36 (52-week range of $34.35 to $47.13), giving it a market capitalization of more than $2.80 billion.
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Janus Henderson Group
Founded in 1998 and headquartered in London, UK, this company offers an array of financial products to individuals, intermediary advisors and institutional investors. Janus Henderson Group PLC (NYSE:JHG) shares are down by almost 48% year to date and down over 14% in the last three months.
As of this writing, Janus Henderson Group shares are trading at above $21 (52-week range of $21.99 to $48.55), giving it a market capitalization of more than $3.70 billion.
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AllianceBernstein Holding
Founded in 2000 and headquartered in Nashville, Tenn., this company offers research, diversified investment management and related services. Alliancebernstein Holding LP (NYSE:AB) shares are down by over 20% year to date and down almost 10% in the last three months.
As of this writing, AllianceBernstein Holding shares are trading at above $38 (52-week range of $35.20 to $57.54), giving it a market capitalization of more than $4 billion.
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Ares Management
Founded in 1997 and headquartered in Los Angeles, this company operates through Credit Group, Private Equity Group and Real Estate Group. Ares Management Corp (NYSE:ARES) shares are down by over 19% year to date but are up by over 9% in the last three months.
As of this writing, Ares Management shares are trading at above $65 (52-week range of $53.15 to $90.08), giving it a market capitalization of more than $19 billion.
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Blackstone
Founded in 1985 and headquartered in New York City, this company operates through Private Equity, Real Estate, Hedge Fund Solutions and Credit segments. Blackstone Inc (NYSE:BX) shares are down by almost 36% year to date and down almost 16% in the last three months.
As of this writing, Blackstone shares are trading at above $83 (52-week range of $82.31 to $149.78), giving it a market capitalization of more than $100 billion.
