(VIANEWS) – Pimco Corporate & Income Opportunity Fund (PTY), Banco Bradesco (BBDO), Shutterstock (SSTK) 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 14.32. Meaning, the purchaser of the share is investing $14.32 for every dollar of annual earnings.
Yearly Top and Bottom Value
Pimco Corporate & Income Opportunity Fund’s stock is valued at $13.17 at 02:23 EST, way below its 52-week high of $14.78 and way above its 52-week low of $11.38.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 8, 2023, the estimated forward annual dividend rate is 1.43 and the estimated forward annual dividend yield is 10.61%.
Moving Average
Pimco Corporate & Income Opportunity Fund’s worth is higher than its 50-day moving average of $12.81 and higher than its 200-day moving average of $12.87.
2. Banco Bradesco (BBDO)
53.98% Payout Ratio
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.
Earnings Per Share
As for profitability, Banco Bradesco has a trailing twelve months EPS of $0.34.
PE Ratio
Banco Bradesco has a trailing twelve months price to earnings ratio of 8.88. Meaning, the purchaser of the share is investing $8.88 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 11.82%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.17 and the estimated forward annual dividend yield is 5.7%.
Yearly Top and Bottom Value
Banco Bradesco’s stock is valued at $3.02 at 02:23 EST, under its 52-week high of $3.35 and way above its 52-week low of $2.12.
Moving Average
Banco Bradesco’s value is way higher than its 50-day moving average of $2.62 and way above its 200-day moving average of $2.63.
Volume
Today’s last reported volume for Banco Bradesco is 11507 which is 34.01% below its average volume of 17438.
Previous days news about Banco Bradesco (BBDO)
- According to Zacks on Friday, 23 June, "Companies like HSBC, Banco Bradesco and Lunar have already shown interest in using the new tool."
3. Shutterstock (SSTK)
43.61% Payout Ratio
Shutterstock, Inc., a technology company, provides quality content, and creative workflow solutions in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects, and HD and 4K formats that are integrated into Websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage. The company provides its services under the Shutterstock, Bigstock, Offset, TurboSquid,PremiumBeat brand names, as well as Application programming interface to enhance workflow and project management needs, and search capabilities. It serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators. The company was founded in 2003 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Shutterstock has a trailing twelve months EPS of $2.27.
PE Ratio
Shutterstock has a trailing twelve months price to earnings ratio of 21.66. Meaning, the purchaser of the share is investing $21.66 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 17.89%.
Volume
Today’s last reported volume for Shutterstock is 662213 which is 2.78% above its average volume of 644300.
Moving Average
Shutterstock’s value is way below its 50-day moving average of $60.04 and way under its 200-day moving average of $59.35.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 2.16%.
4. Macquarie Global Infrastructure Total Return Fund (MGU)
33.89% Payout Ratio
Macquarie Global Infrastructure Total Return Fund Inc. is a closed-ended equity mutual fund launched and managed by Macquarie Fund Adviser, LLC. The fund invests in the public equity markets across the globe. It typically invests in companies operating in the infrastructure sector. Macquarie Global Infrastructure Total Return Fund Inc. was formed on August 26, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Macquarie Global Infrastructure Total Return Fund has a trailing twelve months EPS of $4.11.
PE Ratio
Macquarie Global Infrastructure Total Return Fund has a trailing twelve months price to earnings ratio of 5.55. Meaning, the purchaser of the share is investing $5.55 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 15.28%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 22, 2023, the estimated forward annual dividend rate is 4.18 and the estimated forward annual dividend yield is 18.08%.
Volume
Today’s last reported volume for Macquarie Global Infrastructure Total Return Fund is 23198 which is 19.96% above its average volume of 19338.
Moving Average
Macquarie Global Infrastructure Total Return Fund’s value is under its 50-day moving average of $23.69 and below its 200-day moving average of $23.11.
