(VIANEWS) – Voya Global Advantage and Premium Opportunity Fund (IGA), Gaming and Leisure Properties (GLPI), MGE Energy (MGEE) are the highest payout ratio stocks on this list.
We have congregated information regarding 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. Voya Global Advantage and Premium Opportunity Fund (IGA)
246.25% Payout Ratio
Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co. LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds. It employs fundamental analysis with a bottom-up stock picking approach and a proprietary discounted cash flow valuation model, focusing on such factors as sales, margins, and capital use to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. It was formerly known as ING Global Advantage and Premium Opportunity Fund. Voya Global Advantage and Premium Opportunity Fund was formed on July 7, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Voya Global Advantage and Premium Opportunity Fund has a trailing twelve months EPS of $0.32.
PE Ratio
Voya Global Advantage and Premium Opportunity Fund has a trailing twelve months price to earnings ratio of 26.09. Meaning, the purchaser of the share is investing $26.09 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 2.69%.
Volume
Today’s last reported volume for Voya Global Advantage and Premium Opportunity Fund is 31644 which is 37.18% below its average volume of 50380.
Yearly Top and Bottom Value
Voya Global Advantage and Premium Opportunity Fund’s stock is valued at $8.35 at 20:23 EST, way under its 52-week high of $9.64 and higher than its 52-week low of $8.05.
Moving Average
Voya Global Advantage and Premium Opportunity Fund’s worth is below its 50-day moving average of $8.41 and below its 200-day moving average of $8.76.
2. Gaming and Leisure Properties (GLPI)
97.09% Payout Ratio
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
Earnings Per Share
As for profitability, Gaming and Leisure Properties has a trailing twelve months EPS of $2.92.
PE Ratio
Gaming and Leisure Properties has a trailing twelve months price to earnings ratio of 16.11. Meaning, the purchaser of the share is investing $16.11 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 20.31%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.8%, now sitting on 1.35B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 2.83 and the estimated forward annual dividend yield is 6.05%.
3. MGE Energy (MGEE)
54.03% Payout Ratio
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through five segments: Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of February 24, 2021, the company generated and distributed electricity to 157,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 166,000 customers in seven south-central and western Wisconsin counties. MGE Energy, Inc. was founded in 1855 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, MGE Energy has a trailing twelve months EPS of $2.98.
PE Ratio
MGE Energy has a trailing twelve months price to earnings ratio of 24.37. Meaning, the purchaser of the share is investing $24.37 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 10.03%.
Volume
Today’s last reported volume for MGE Energy is 47455 which is 43.58% below its average volume of 84117.
Yearly Top and Bottom Value
MGE Energy’s stock is valued at $72.62 at 20:23 EST, way below its 52-week high of $86.27 and way above its 52-week low of $61.67.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 11.7% and 10.8%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MGE Energy’s EBITDA is 4.9.
4. Insperity (NSP)
39.32% Payout Ratio
Insperity, Inc. provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services. It also provides Insperity Premier, a cloud-based human capital management platform that offers professional employer organization HR outsourcing solutions to its clients; various personnel management services; and employer liability management services, as well as solutions for middle market. In addition, the company offers MarketPlace, an e-commerce portal that offers a range of products and services; and Workforce Acceleration, a human capital management and payroll services solution; time and attendance; performance management; organizational planning; recruiting; employment screening; expense management; retirement; and insurance services. The company operates through 82 offices in the United States. The company was formerly known as Administaff, Inc. and changed its name to Insperity, Inc. in March 2011. Insperity, Inc. was founded in 1986 and is headquartered in Kingwood, Texas.
Earnings Per Share
As for profitability, Insperity has a trailing twelve months EPS of $5.29.
PE Ratio
Insperity has a trailing twelve months price to earnings ratio of 21.02. Meaning, the purchaser of the share is investing $21.02 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 243.81%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Insperity’s EBITDA is 0.69.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.2%, now sitting on 6.13B for the twelve trailing months.
5. Adecoagro S.A. (AGRO)
32.41% Payout Ratio
Adecoagro S.A., an agro-industrial company, engages in farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production, and land transformation activities in South America. The company is involved in the planting, harvesting, and sale of grains and oilseeds, as well as fibers, including wheat, corn, soybeans, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties. It also plants, harvests, processes, and markets rice; and produces and sells milk and other dairy products. In addition, the company engages in the cultivation and processing of sugar and ethanol, as well as cogeneration of electricity from sugarcane bagasse; and identification and acquisition of underdeveloped and undermanaged farmland, and realization of value through the strategic disposition of assets. Further, it is involved in leasing of approximately 18,005 hectares of pasture land to cattle farmers in Argentina; and coffee plantation. As of December 31, 2019, the company owned a total of 225,630 hectares, including 19 farms in Argentina, 8 farms in Brazil, and 1 farm in Uruguay; 3 rice processing facilities in Argentina; and 3 dairy facilities with approximately 9,066 milking cows in Argentina. It also had 11 grain and rice conditioning and storage plants in Argentina; and 3 sugar and ethanol mills in Brazil with a sugarcane crushing capacity of 14.2 million tons, as well as had a total of 232 megawatts of installed cogeneration capacity. Adecoagro S.A. was founded in 2002 and is based in Luxembourg.
Earnings Per Share
As for profitability, Adecoagro S.A. has a trailing twelve months EPS of $0.61.
PE Ratio
Adecoagro S.A. has a trailing twelve months price to earnings ratio of 14.31. Meaning, the purchaser of the share is investing $14.31 for every dollar of annual earnings.
Moving Average
Adecoagro S.A.’s worth is higher than its 50-day moving average of $8.19 and higher than its 200-day moving average of $8.29.
