(VIANEWS) – Pimco Corporate & Income Opportunity Fund (PTY), Shaw Communications (SJR), OGE Energy Corporation (OGE) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a guarantee 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 researching 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. Pimco Corporate & Income Opportunity Fund (PTY)
161.04% Payout Ratio
PIMCO Corporate & Income Opportunity Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB. The fund focuses on intermediate maturity bonds across multiple industries and sectors. It employs fundamental analysis along with top-down approach to make its fixed income investments. The fund uses in-house research to make its investments. PIMCO Corporate Opportunity Fund was founded on December 27, 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, Pimco Corporate & Income Opportunity Fund has a trailing twelve months EPS of $0.92.
PE Ratio
Pimco Corporate & Income Opportunity Fund has a trailing twelve months price to earnings ratio of 13.53. Meaning, the purchaser of the share is investing $13.53 for every dollar of annual earnings.
Moving Average
Pimco Corporate & Income Opportunity Fund’s value is under its 50-day moving average of $13.31 and under its 200-day moving average of $12.99.
Yearly Top and Bottom Value
Pimco Corporate & Income Opportunity Fund’s stock is valued at $12.45 at 02:23 EST, way under its 52-week high of $15.91 and above its 52-week low of $11.38.
2. Shaw Communications (SJR)
80.61% Payout Ratio
Shaw Communications Inc. operates as a connectivity company in North America. The company's Wireline segment provides cable telecommunications services, including video, Internet, WiFi, phone, satellite video, and data networking through a national fibre-optic backbone network to Canadian consumers, North American businesses, and public-sector entities. Its Wireless segment provides wireless services for voice and data communications serving customers in Ontario, British Columbia, and Alberta through Freedom Mobile; and in British Columbia and Alberta through Shaw Mobile. The company was formerly known as Shaw Cablesystems Ltd. and changed its name to Shaw Communications Inc. in May 1993. Shaw Communications Inc. was incorporated in 1966 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Shaw Communications has a trailing twelve months EPS of $1.08.
PE Ratio
Shaw Communications has a trailing twelve months price to earnings ratio of 26.79. Meaning, the purchaser of the share is investing $26.79 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 11.76%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 13.3% and a negative 9.7%, respectively.
Yearly Top and Bottom Value
Shaw Communications’s stock is valued at $28.93 at 02:23 EST, below its 52-week high of $31.60 and way above its 52-week low of $23.64.
Sales Growth
Shaw Communications’s sales growth is negative 2.1% for the present quarter and negative 2.2% for the next.
Moving Average
Shaw Communications’s worth is under its 50-day moving average of $29.03 and above its 200-day moving average of $27.27.
3. OGE Energy Corporation (OGE)
61.99% Payout Ratio
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. It operates in two segments, Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment generates, transmits, distributes, and sells electric energy. This segment furnishes retail electric service in 267 communities and their contiguous rural and suburban areas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. Its service area covers 30,000 square miles in Oklahoma and western Arkansas, including Oklahoma City in Oklahoma; and Fort Smith, Arkansas. The Natural Gas Midstream Operations segment engages in gathering, processing, transporting, and storing natural gas; and the provision of crude oil gathering services, and interstate and intrastate natural gas pipeline transportation and storage services primarily to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2019, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 13 generating stations with an aggregate capability of 7,081 megawatts; and transmission systems comprising 53 substations and 5,122 structure miles of lines in Oklahoma, and seven substations and 277 structure miles of lines in Arkansas. Its distribution systems included 350 substations; 29,406 structure miles of overhead lines; 3,050 miles of underground conduit; and 10,967 miles of underground conductors in Oklahoma, as well as 30 substations, 2,786 structure miles of overhead lines, 315 miles of underground conduit, and 679 miles of underground conductors in Arkansas. The company was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, OGE Energy Corporation has a trailing twelve months EPS of $3.32.
PE Ratio
OGE Energy Corporation has a trailing twelve months price to earnings ratio of 11.22. Meaning, the purchaser of the share is investing $11.22 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 15.72%.
4. InterDigital (IDCC)
45.6% Payout Ratio
InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. It provides technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G NR, beyond 5G (B5G), extended reality over wireless, and cellular Internet of Things (IoT) areas, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. It also provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. The company's patented technologies are used in various products that include cellular phones, tablets, notebook computers, and wireless personal digital assistants; wireless infrastructure equipment, which comprise base stations; components, dongles, and modules for wireless devices; and IoT devices and software platforms. As of December 31, 2020, it had a portfolio of approximately 28,000 patents and patent applications related to wireless communications, video coding, display technology, and other areas. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, InterDigital has a trailing twelve months EPS of $3.07.
PE Ratio
InterDigital has a trailing twelve months price to earnings ratio of 23.66. Meaning, the purchaser of the share is investing $23.66 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 12.41%.
Volume
Today’s last reported volume for InterDigital is 290202 which is 29.57% below its average volume of 412091.
Earnings Before Interest, Taxes, Depreciation, and Amortization
InterDigital’s EBITDA is 17.37.
Yearly Top and Bottom Value
InterDigital’s stock is valued at $72.63 at 02:23 EST, below its 52-week high of $75.74 and way higher than its 52-week low of $40.23.
Previous days news about InterDigital (IDCC)
- According to Zacks on Wednesday, 12 April, "Nevertheless, Nokia Corporation (NOK Quick QuoteNOK – Free Report) , Juniper Networks, Inc. (JNPR Quick QuoteJNPR – Free Report) and InterDigital Inc. (IDCC Quick QuoteIDCC – Free Report) are likely to profit from the increasing demand for state-of-the-art wireless products with a vast proliferation of IoT, fiber densification and a gradual shift to cloud services.", "InterDigital: Headquartered in Wilmington, DE, InterDigital is a pioneer in advanced mobile technologies and develops a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks. "
5. NetApp (NTAP)
30.44% Payout Ratio
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, NetApp has a trailing twelve months EPS of $5.79.
PE Ratio
NetApp has a trailing twelve months price to earnings ratio of 11.42. Meaning, the purchaser of the share is investing $11.42 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 150.43%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.2%, now sitting on 6.55B for the twelve trailing months.
Volume
Today’s last reported volume for NetApp is 1102100 which is 42.71% below its average volume of 1924000.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 4, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 3.01%.
Yearly Top and Bottom Value
NetApp’s stock is valued at $66.14 at 02:23 EST, way below its 52-week high of $83.90 and way above its 52-week low of $58.08.
