(VIANEWS) – OFS Credit Company (OCCI), John Hancock Hedged Equity & Income Fund (HEQ), AGNC Investment Corp. (AGNC) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up until now. 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 issue them.
When researching 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. OFS Credit Company (OCCI)
1216.67% Payout Ratio
OFS Credit Company, Inc. is a fund of OFS Advisor.
Earnings Per Share
As for profitability, OFS Credit Company has a trailing twelve months EPS of $-1.64.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -3.84%.
Yearly Top and Bottom Value
OFS Credit Company’s stock is valued at $6.35 at 10:23 EST, way below its 52-week high of $10.50 and above its 52-week low of $6.15.
2. John Hancock Hedged Equity & Income Fund (HEQ)
156.76% Payout Ratio
John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives such as call options and equity futures. John Hancock Hedged Equity & Income Fund was formed on May 26, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock Hedged Equity & Income Fund has a trailing twelve months EPS of $0.74.
PE Ratio
John Hancock Hedged Equity & Income Fund has a trailing twelve months price to earnings ratio of 12.46. Meaning, the purchaser of the share is investing $12.46 for every dollar of annual earnings.
Yearly Top and Bottom Value
John Hancock Hedged Equity & Income Fund’s stock is valued at $9.22 at 10:23 EST, way under its 52-week high of $12.97 and above its 52-week low of $9.08.
Moving Average
John Hancock Hedged Equity & Income Fund’s worth is under its 50-day moving average of $9.87 and way under its 200-day moving average of $10.83.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 11.94%.
Volume
Today’s last reported volume for John Hancock Hedged Equity & Income Fund is 21225 which is 58.65% below its average volume of 51342.
3. AGNC Investment Corp. (AGNC)
118.03% Payout Ratio
AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency. The company funds its investments primarily through collateralized borrowings structured as repurchase agreements. It has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as American Capital Agency Corp. and changed its name to AGNC Investment Corp. in September 2016. AGNC Investment Corp. was incorporated in 2008 and is headquartered in Bethesda, Maryland.
Earnings Per Share
As for profitability, AGNC Investment Corp. has a trailing twelve months EPS of $-0.12.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.38%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 29, 2023, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 20.75%.
Yearly Top and Bottom Value
AGNC Investment Corp.’s stock is valued at $7.38 at 10:23 EST, way under its 52-week high of $12.25 and above its 52-week low of $6.81.
4. Blackrock Floating Rate (FRA)
63.83% Payout Ratio
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Floating Rate has a trailing twelve months EPS of $1.73.
PE Ratio
Blackrock Floating Rate has a trailing twelve months price to earnings ratio of 6.75. Meaning, the purchaser of the share is investing $6.75 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 13.5%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 12.03%.
5. Whitestone REIT (WSR)
61.54% Payout Ratio
Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.
Earnings Per Share
As for profitability, Whitestone REIT has a trailing twelve months EPS of $0.78.
PE Ratio
Whitestone REIT has a trailing twelve months price to earnings ratio of 12.63. Meaning, the purchaser of the share is investing $12.63 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 9.44%.
Volume
Today’s last reported volume for Whitestone REIT is 94432 which is 70.11% below its average volume of 315946.
Yearly Top and Bottom Value
Whitestone REIT’s stock is valued at $9.85 at 10:23 EST, under its 52-week high of $10.74 and way above its 52-week low of $8.21.
6. Eaton Vance Enhance Equity Income Fund II (EOS)
41.75% Payout Ratio
Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index. Eaton Vance Enhanced Equity Income Fund II was formed on January 31, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Enhance Equity Income Fund II has a trailing twelve months EPS of $3.52.
PE Ratio
Eaton Vance Enhance Equity Income Fund II has a trailing twelve months price to earnings ratio of 4.52. Meaning, the purchaser of the share is investing $4.52 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 20.1%.
Moving Average
Eaton Vance Enhance Equity Income Fund II’s value is below its 50-day moving average of $17.40 and below its 200-day moving average of $17.06.
Yearly Top and Bottom Value
Eaton Vance Enhance Equity Income Fund II’s stock is valued at $15.92 at 10:23 EST, way below its 52-week high of $18.70 and higher than its 52-week low of $15.30.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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 1%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
