(VIANEWS) – PIMCO California Municipal Income Fund (PCQ), NiSource (NI), Broadcom (AVGO) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. PIMCO California Municipal Income Fund (PCQ)
339.41% Payout Ratio
PIMCO California Municipal Income 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 of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal bonds. PIMCO California Municipal Income Fund was formed on June 29, 2001 and is domiciled in New York.
Earnings Per Share
As for profitability, PIMCO California Municipal Income Fund has a trailing twelve months EPS of $0.17.
PE Ratio
PIMCO California Municipal Income Fund has a trailing twelve months price to earnings ratio of 48.41. Meaning, the purchaser of the share is investing $48.41 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 2.66%.
2. NiSource (NI)
67.36% Payout Ratio
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 859,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,800 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 486,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Earnings Per Share
As for profitability, NiSource has a trailing twelve months EPS of $1.44.
PE Ratio
NiSource has a trailing twelve months price to earnings ratio of 17.47. Meaning, the purchaser of the share is investing $17.47 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 9.12%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 50% and 10%, respectively.
Yearly Top and Bottom Value
NiSource’s stock is valued at $25.15 at 16:23 EST, way under its 52-week high of $28.95 and way above its 52-week low of $22.86.
Earnings Before Interest, Taxes, Depreciation, and Amortization
NiSource’s EBITDA is 60.19.
3. Broadcom (AVGO)
55.08% Payout Ratio
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Broadcom has a trailing twelve months EPS of $32.51.
PE Ratio
Broadcom has a trailing twelve months price to earnings ratio of 27.48. Meaning, the purchaser of the share is investing $27.48 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 64.76%.
Previous days news about Broadcom (AVGO)
- Broadcom inc. (avgo) stock falls amid market uptick: what investors need to know. According to Zacks on Monday, 6 November, "Investors should also note any recent changes to analyst estimates for Broadcom Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. ", "On that day, Broadcom Inc. is projected to report earnings of $10.97 per share, which would represent year-over-year growth of 4.98%. "
4. MSCI (MSCI)
44.95% Payout Ratio
MSCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct. The Analytics segment offers risk management, performance attribution and portfolio management content, application, and service that provides an integrated view of risk and return, and an analysis of market, credit, liquidity, and counterparty risk across asset classes; managed services, including consolidation of client portfolio data from various sources, review and reconciliation of input data and results, and customized reporting; and HedgePlatform to measure, evaluate, and monitor the risk of hedge fund investments. The ESG and Climate segment provides products and services that help institutional investors understand how ESG factors impact the long-term risk and return of their portfolio and individual security-level investments; and data, ratings, research, and tools to help investors navigate increasing regulation. The All Other – Private Assets segment includes real estate market and transaction data, benchmarks, return-analytics, climate assessments and market insights for funds, investors, and managers; business intelligence to real estate owners, managers, developers, and brokers; and offers investment decision support tools for private capital. It serves asset owners and managers, financial intermediaries, wealth managers, real estate professionals, and corporates. MSCI Inc. was incorporated in 1998 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, MSCI has a trailing twelve months EPS of $11.97.
PE Ratio
MSCI has a trailing twelve months price to earnings ratio of 41.59. Meaning, the purchaser of the share is investing $41.59 for every dollar of annual earnings.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 16.5% and 17.6%, respectively.
Sales Growth
MSCI’s sales growth is 12% for the present quarter and 12.8% for the next.
Previous days news about MSCI (MSCI)
- According to Zacks on Monday, 6 November, "Emerging Markets - iShares MSCI Emerging Markets ETF (EEM Quick QuoteEEM – Free Report)"
- According to Zacks on Monday, 6 November, "Direxion Daily MSCI Mexico Bull 3X Shares (MEXX Quick QuoteMEXX – Free Report) - Up 25.8%", "The underlying MSCI Mexico IMI 25/50 Index is designed to measure the performance of the large, mid and small-capitalization segments of the Mexican equity market, covering approximately 99% of the free float-adjusted market capitalization in Mexico. "
- According to MarketWatch on Monday, 6 November, "The MSCI ACWI Index ACWI, which includes shares of nearly 3,000 companies from around the world, is up more than 10% on the year, per FactSet."
- According to Zacks on Tuesday, 7 November, "iShares MSCI USA Min Vol Factor ETF (USMV Quick QuoteUSMV – Free Report) and Invesco S&P 500 Low Volatility ETF (SPLV Quick QuoteSPLV – Free Report) are two such examples in this regard.", "SPDR MSCI USA StrategicFactors ETF (QUS Quick QuoteQUS – Free Report) measures the equity market performance of large and mid-cap companies across the U.S. equity market. "
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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
