(VIANEWS) – Pimco Corporate & Income Opportunity Fund (PTY), Trustmark Corporation (TRMK), Boston Properties (BXP) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a promise 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 investigating 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 13.84. Meaning, the purchaser of the share is investing $13.84 for every dollar of annual earnings.
Moving Average
Pimco Corporate & Income Opportunity Fund’s value is below its 50-day moving average of $13.11 and under its 200-day moving average of $12.96.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 11, 2023, the estimated forward annual dividend rate is 1.43 and the estimated forward annual dividend yield is 11.2%.
Yearly Top and Bottom Value
Pimco Corporate & Income Opportunity Fund’s stock is valued at $12.73 at 14:23 EST, way under its 52-week high of $15.22 and way higher than its 52-week low of $11.38.
Volume
Today’s last reported volume for Pimco Corporate & Income Opportunity Fund is 277480 which is 46.79% below its average volume of 521521.
2. Trustmark Corporation (TRMK)
78.63% Payout Ratio
Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; and treasury management services. In addition, the company provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management. Further, it offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers, as well as provides an intermediary vehicle for the provision of loans or investments in low-income communities. As of December 31, 2020, the company operated 174 full-service branches and 12 limited service branches; and 230 automated teller machines and 34 interactive teller machines. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.
Earnings Per Share
As for profitability, Trustmark Corporation has a trailing twelve months EPS of $1.17.
PE Ratio
Trustmark Corporation has a trailing twelve months price to earnings ratio of 20.15. Meaning, the purchaser of the share is investing $20.15 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 4.45%.
Yearly Top and Bottom Value
Trustmark Corporation’s stock is valued at $23.57 at 14:23 EST, way under its 52-week high of $38.47 and above its 52-week low of $23.04.
Moving Average
Trustmark Corporation’s worth is way below its 50-day moving average of $26.56 and way below its 200-day moving average of $31.54.
3. Boston Properties (BXP)
72.59% Payout Ratio
Boston Properties (NYSE: BXP) is the largest publicly traded developer, owner, and manager of Class A office properties in the United States, concentrated in six markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires, and owns a diverse portfolio of primarily Class A office space. Including properties owned by unconsolidated joint ventures, BXP's portfolio totals 53.7 million square feet and 193 properties, including twelve properties under construction/redevelopment.
Earnings Per Share
As for profitability, Boston Properties has a trailing twelve months EPS of $5.15.
PE Ratio
Boston Properties has a trailing twelve months price to earnings ratio of 10.41. Meaning, the purchaser of the share is investing $10.41 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 12.45%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 41.8% and a negative 57%, respectively.
Previous days news about Boston Properties (BXP)
- Boston properties (bxp) Q1 earnings: taking a look at key metrics versus estimates. According to Zacks on Wednesday, 26 April, "For the quarter ended March 2023, Boston Properties (BXP Quick QuoteBXP – Free Report) reported revenue of $756.88 million, up 5.4% over the same period last year. ", "Here is how Boston Properties performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
4. Black Hills Corporation (BKH)
60.71% Payout Ratio
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through four segments: Electric Utilities, Gas Utilities, Power Generation, and Mining. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 216,000 electric customers in Colorado, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 992 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,083,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,774 miles of intrastate gas transmission pipelines; 41,838 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 49,000 horsepower of compression and 560 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal-fired generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
Earnings Per Share
As for profitability, Black Hills Corporation has a trailing twelve months EPS of $3.97.
PE Ratio
Black Hills Corporation has a trailing twelve months price to earnings ratio of 16.56. Meaning, the purchaser of the share is investing $16.56 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 9.06%.
Sales Growth
Black Hills Corporation’s sales growth is negative 9.4% for the present quarter and negative 0.1% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 12, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 3.81%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 7.7% and a negative 28.8%, respectively.
5. Tortoise Energy Infrastructure Corporation (TYG)
32.61% Payout Ratio
Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities. The fund primarily invests in securities of publicly traded Master Limited Partnerships and stocks of companies having a market capitalization greater than $100 million. Tortoise Energy Infrastructure Corporation was formed on October 29, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Tortoise Energy Infrastructure Corporation has a trailing twelve months EPS of $8.71.
PE Ratio
Tortoise Energy Infrastructure Corporation has a trailing twelve months price to earnings ratio of 3.46. Meaning, the purchaser of the share is investing $3.46 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 24.39%.
Yearly Top and Bottom Value
Tortoise Energy Infrastructure Corporation’s stock is valued at $30.13 at 14:23 EST, way below its 52-week high of $36.85 and way higher than its 52-week low of $26.76.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 16, 2023, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 9.43%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 63.8%, now sitting on 13.12M for the twelve trailing months.
