(VIANEWS) – Western Asset High Income Opportunity Fund (HIO), Petroleo Brasileiro (PBR), Wausau Pape (WPP) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a promise 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 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. Western Asset High Income Opportunity Fund (HIO)
125.5% Payout Ratio
Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset High Income Opportunity Fund has a trailing twelve months EPS of $0.3.
PE Ratio
Western Asset High Income Opportunity Fund has a trailing twelve months price to earnings ratio of 12.77. Meaning, the purchaser of the share is investing $12.77 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 7.06%.
Yearly Top and Bottom Value
Western Asset High Income Opportunity Fund’s stock is valued at $3.83 at 04:23 EST, under its 52-week high of $4.19 and higher than its 52-week low of $3.52.
Moving Average
Western Asset High Income Opportunity Fund’s value is above its 50-day moving average of $3.69 and higher than its 200-day moving average of $3.79.
Volume
Today’s last reported volume for Western Asset High Income Opportunity Fund is 271116 which is 8.73% below its average volume of 297061.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.6%, now sitting on 37.31M for the twelve trailing months.
2. Petroleo Brasileiro (PBR)
88.88% Payout Ratio
Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. It also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. In addition, the company produces biodiesel and its co-products, and ethanol; and distributes oil products. Further, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. – Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.
Earnings Per Share
As for profitability, Petroleo Brasileiro has a trailing twelve months EPS of $4.13.
PE Ratio
Petroleo Brasileiro has a trailing twelve months price to earnings ratio of 3.76. Meaning, the purchaser of the share is investing $3.76 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 36.11%.
3. Wausau Pape (WPP)
80.69% Payout Ratio
WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies. It offers advertising, marketing, brand strategies, and campaigns across all media; and provides media planning and buying services. It also provides media investment; data and technology, and content services. The company also offers public relations and specialist agency services. WPP plc was founded in 1985 and is based in London, the United Kingdom.
Earnings Per Share
As for profitability, Wausau Pape has a trailing twelve months EPS of $3.09.
PE Ratio
Wausau Pape has a trailing twelve months price to earnings ratio of 15.46. Meaning, the purchaser of the share is investing $15.46 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 14.96%.
Yearly Top and Bottom Value
Wausau Pape’s stock is valued at $47.76 at 04:23 EST, way below its 52-week high of $64.07 and way above its 52-week low of $41.13.
4. Mercury General Corporation (MCY)
56.53% Payout Ratio
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, fire, and umbrella insurance. The company's automobile insurance products cover collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners' insurance products cover dwelling, liability, personal property, fire, and other hazards. It sells its policies through a network of independent agents, 100% owned insurance agents, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. The company was founded in 1961 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Mercury General Corporation has a trailing twelve months EPS of $-1.84.
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 -6.97%.
Yearly Top and Bottom Value
Mercury General Corporation’s stock is valued at $38.94 at 04:23 EST, below its 52-week high of $39.47 and way higher than its 52-week low of $26.15.
Moving Average
Mercury General Corporation’s worth is way above its 50-day moving average of $32.50 and way higher than its 200-day moving average of $31.02.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Mercury General Corporation’s EBITDA is 0.52.
Volume
Today’s last reported volume for Mercury General Corporation is 254475 which is 55.1% above its average volume of 164069.
5. Comp Energetica de Minas Gerais (CIG)
49.17% Payout Ratio
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
Earnings Per Share
As for profitability, Comp Energetica de Minas Gerais has a trailing twelve months EPS of $0.48.
PE Ratio
Comp Energetica de Minas Gerais has a trailing twelve months price to earnings ratio of 4.77. Meaning, the purchaser of the share is investing $4.77 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 23.24%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 6.07%.
Yearly Top and Bottom Value
Comp Energetica de Minas Gerais’s stock is valued at $2.29 at 04:23 EST, way below its 52-week high of $2.75 and way higher than its 52-week low of $1.89.
6. Scotts Miracle (SMG)
36.26% Payout Ratio
The Scotts Miracle-Gro Company is involved in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products comprising lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products; gardening and landscape products comprising water-soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It also offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Shake ‘N Feed, Hyponex, Earthgro, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, General Hydroponics, Vermicrop, Cyco, Gavita, Agrolux, HydroLogic, Can-Filters, Gro Pro, Hurricane, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The company was founded in 1868 and is headquartered in Marysville, Ohio.
Earnings Per Share
As for profitability, Scotts Miracle has a trailing twelve months EPS of $-6.79.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Scotts Miracle’s EBITDA is 1.76.
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.
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).
