(VIANEWS) – Piedmont Office Realty Trust (PDM), Southwest Airlines (LUV), Pioneer Municipal High Income Trust (MHI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 issue 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. Piedmont Office Realty Trust (PDM)
167.78% Payout Ratio
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). Piedmont is a 2023 ENERGY STAR Partner of the Year.
Earnings Per Share
As for profitability, Piedmont Office Realty Trust has a trailing twelve months EPS of $0.45.
PE Ratio
Piedmont Office Realty Trust has a trailing twelve months price to earnings ratio of 13.56. Meaning, the purchaser of the share is investing $13.56 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 3.1%.
Yearly Top and Bottom Value
Piedmont Office Realty Trust’s stock is valued at $6.10 at 10:23 EST, way under its 52-week high of $11.37 and way above its 52-week low of $4.91.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 21, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 7.91%.
Moving Average
Piedmont Office Realty Trust’s value is above its 50-day moving average of $5.65 and way under its 200-day moving average of $6.96.
2. Southwest Airlines (LUV)
88.89% Payout Ratio
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Southwest Airlines has a trailing twelve months EPS of $0.81.
PE Ratio
Southwest Airlines has a trailing twelve months price to earnings ratio of 30.69. Meaning, the purchaser of the share is investing $30.69 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 4.52%.
Volume
Today’s last reported volume for Southwest Airlines is 1921990 which is 73.49% below its average volume of 7251180.
3. Pioneer Municipal High Income Trust (MHI)
82.84% Payout Ratio
Pioneer Municipal High Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index and Barclays High Yield Municipal Bond Index. Pioneer Municipal High Income Fund, Inc. was formed on March 13, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pioneer Municipal High Income Trust has a trailing twelve months EPS of $-0.21.
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 -2.03%.
Moving Average
Pioneer Municipal High Income Trust’s value is higher than its 50-day moving average of $7.41 and below its 200-day moving average of $8.29.
Yearly Top and Bottom Value
Pioneer Municipal High Income Trust’s stock is valued at $7.85 at 10:23 EST, way under its 52-week high of $9.53 and way higher than its 52-week low of $6.93.
Volume
Today’s last reported volume for Pioneer Municipal High Income Trust is 107040 which is 11.04% below its average volume of 120337.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 0.33 and the estimated forward annual dividend yield is 4.2%.
4. Babson Capital Participation Investors (MPV)
63.95% Payout Ratio
Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S. High Yield Index, and Lehman Brothers Intermediate U.S. Credit Index. The fund was formerly known as Babson Capital Participation Investors. Barings Participation Investors was formed on April 7, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Babson Capital Participation Investors has a trailing twelve months EPS of $1.47.
PE Ratio
Babson Capital Participation Investors has a trailing twelve months price to earnings ratio of 9.32. Meaning, the purchaser of the share is investing $9.32 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 9.62%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 48.1%, now sitting on 17.76M for the twelve trailing months.
Volume
Today’s last reported volume for Babson Capital Participation Investors is 41186 which is 60.68% above its average volume of 25631.
5. Norfolk Southern (NSC)
57.94% Payout Ratio
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; provides commuter rail passenger transportation services; and operates an intermodal network. As of December 31, 2022, the company operated approximately 19,100 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Norfolk Southern has a trailing twelve months EPS of $9.13.
PE Ratio
Norfolk Southern has a trailing twelve months price to earnings ratio of 23.59. Meaning, the purchaser of the share is investing $23.59 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 16.3%.
Yearly Top and Bottom Value
Norfolk Southern’s stock is valued at $215.42 at 10:23 EST, way below its 52-week high of $261.71 and way higher than its 52-week low of $183.09.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 1, 2023, the estimated forward annual dividend rate is 5.4 and the estimated forward annual dividend yield is 2.56%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 16.7% and a negative 11.1%, respectively.
6. Microchip Technology (MCHP)
32.43% Payout Ratio
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.
Earnings Per Share
As for profitability, Microchip Technology has a trailing twelve months EPS of $4.56.
PE Ratio
Microchip Technology has a trailing twelve months price to earnings ratio of 18.19. Meaning, the purchaser of the share is investing $18.19 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 38.52%.
Sales Growth
Microchip Technology’s sales growth is negative 13.6% for the current quarter and negative 21.8% for the next.
Moving Average
Microchip Technology’s value is higher than its 50-day moving average of $77.13 and higher than its 200-day moving average of $80.73.
Volume
Today’s last reported volume for Microchip Technology is 938185 which is 79.73% below its average volume of 4629000.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
