(VIANEWS) – Center Coast MLP & Infrastructure Fund (CEN), Morgan Stanley India Investment Fund (IIF), Capitol Federal Financial (CFFN) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until 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. Center Coast MLP & Infrastructure Fund (CEN)
3000% Payout Ratio
Center Coast MLP & Infrastructure Fund is a closed-ended balanced mutual fund launched and managed by Center Coast Capital Advisors, LP. The fund invests in public equity and fixed income markets of North America. It seeks to invest in securities of companies operating in the energy infrastructure sector. The fund primarily invests in equity and debt securities of MLPs and other entities holding primarily general or limited partner or managing member interests in MLPs. For its fixed income portion, the fund seeks to invest in securities across all credit ratings. It employs quantitative analysis with a focus on such factors as cash flow, yield, relative valuation, contract structure, operating risk, competitive environment, growth potential, operational expertise, and strength of business plan to create its portfolio. Center Coast MLP & Infrastructure Fund was formed on September 26, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Center Coast MLP & Infrastructure Fund has a trailing twelve months EPS of $0.03.
PE Ratio
Center Coast MLP & Infrastructure Fund has a trailing twelve months price to earnings ratio of 691. Meaning, the purchaser of the share is investing $691 for every dollar of annual earnings.
Volume
Today’s last reported volume for Center Coast MLP & Infrastructure Fund is 22503 which is 6.44% below its average volume of 24054.
Yearly Top and Bottom Value
Center Coast MLP & Infrastructure Fund’s stock is valued at $20.73 at 16:23 EST, below its 52-week high of $22.70 and way higher than its 52-week low of $15.40.
2. Morgan Stanley India Investment Fund (IIF)
117.15% Payout Ratio
Morgan Stanley India Investment Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the U.S. dollar adjusted BSE National Index. Morgan Stanley India Investment Fund, Inc. was formed on December 22, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Morgan Stanley India Investment Fund has a trailing twelve months EPS of $3.36.
PE Ratio
Morgan Stanley India Investment Fund has a trailing twelve months price to earnings ratio of 6.83. Meaning, the purchaser of the share is investing $6.83 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 12.75%.
Volume
Today’s last reported volume for Morgan Stanley India Investment Fund is 43099 which is 29.33% above its average volume of 33323.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 14, 2022, the estimated forward annual dividend rate is 3.98 and the estimated forward annual dividend yield is 18.17%.
3. Capitol Federal Financial (CFFN)
79.07% Payout Ratio
Capitol Federal Financial, Inc. operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products, including savings accounts, money market deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit. It also provides various loan products, such as one- to four-family residential real estate loans, commercial real estate and commercial construction, and commercial and industrial loans, as well as consumer loans, which include home equity, lines of credit, home improvement, and vehicle loans, as well as loans secured by saving deposits. In addition, the company offers mobile, telephone, and online banking services, as well as bill payment services; operates a call center; and invests in various securities. As of September 30, 2022, it operated a network of 54 branches, including 45 traditional branches and nine in-store branches located in nine counties throughout Kansas and three counties in Missouri. The company serves the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia, and Salina, Kansas, and a portion of the metropolitan area of greater Kansas City. Capitol Federal Financial, Inc. was founded in 1893 and is headquartered in Topeka, Kansas.
Earnings Per Share
As for profitability, Capitol Federal Financial has a trailing twelve months EPS of $-0.76.
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 -9.5%.
Yearly Top and Bottom Value
Capitol Federal Financial’s stock is valued at $5.68 at 16:23 EST, way below its 52-week high of $8.93 and way above its 52-week low of $4.22.
Moving Average
Capitol Federal Financial’s worth is way higher than its 50-day moving average of $4.99 and below its 200-day moving average of $6.06.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 1, 2023, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 5.99%.
Volume
Today’s last reported volume for Capitol Federal Financial is 715205 which is 25.14% below its average volume of 955506.
4. State Street Corporation (STT)
37.5% Payout Ratio
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, State Street Corporation has a trailing twelve months EPS of $6.88.
PE Ratio
State Street Corporation has a trailing twelve months price to earnings ratio of 10.93. Meaning, the purchaser of the share is investing $10.93 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 10.01%.
Yearly Top and Bottom Value
State Street Corporation’s stock is valued at $75.20 at 16:23 EST, way below its 52-week high of $94.74 and way above its 52-week low of $62.78.
Volume
Today’s last reported volume for State Street Corporation is 498368 which is 75.64% below its average volume of 2046550.
Moving Average
State Street Corporation’s worth is way higher than its 50-day moving average of $67.01 and above its 200-day moving average of $71.85.
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%.
