(VIANEWS) – New York Mortgage Trust (NYMT), Nuveen Credit Strategies Income Fund Shares of Beneficial Interest (JQC), Interpublic Group of Companies (IPG) 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 promise 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 researching 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. New York Mortgage Trust (NYMT)
800% Payout Ratio
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-related assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally 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 incorporated in 2003 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, New York Mortgage Trust has a trailing twelve months EPS of $-1.85.
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 -8.55%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 19, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 13.42%.
Moving Average
New York Mortgage Trust’s worth is higher than its 50-day moving average of $8.31 and below its 200-day moving average of $9.34.
2. Nuveen Credit Strategies Income Fund Shares of Beneficial Interest (JQC)
152.34% Payout Ratio
Nuveen Credit Strategies Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is managed by Symphony Asset Management, LLC. It invests in the fixed income and public equity markets of the United States. The fund invests in senior secured and second lien loans, preferred securities, convertible securities and related instruments. It seeks to invest in investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach based on factors such as interest rate levels, conditions and developing trends in the bond and equity markets, analysis of relative valuations for preferred, convertible and other debt instruments, and other economic and market factors, including the overall outlook for the economy and inflation to create its portfolio. The Fund uses leverage .It benchmarks the performance of its portfolio against Barclays Capital U.S. Aggregate Bond Index. The fund was formerly known as Nuveen Multi-Strategy Income & Growth Fund 2. Nuveen Credit Strategies Income Fund was formed on June 25, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Credit Strategies Income Fund Shares of Beneficial Interest has a trailing twelve months EPS of $-0.38.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.7%.
Yearly Top and Bottom Value
Nuveen Credit Strategies Income Fund Shares of Beneficial Interest’s stock is valued at $5.14 at 10:23 EST, below its 52-week high of $5.49 and higher than its 52-week low of $4.82.
3. Interpublic Group of Companies (IPG)
51.05% Payout Ratio
The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. The company operates through two segments, Integrated Agency Networks and Constituency Management Group. The company offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines, as well as data management services. It also provides various diversified services, including meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Interpublic Group of Companies has a trailing twelve months EPS of $2.39.
PE Ratio
Interpublic Group of Companies has a trailing twelve months price to earnings ratio of 13.6. Meaning, the purchaser of the share is investing $13.6 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 26.3%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 12.7% and a drop 2.6% for the next.
4. Inter Parfums (IPAR)
48.08% Payout Ratio
Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, Lanvin, Montblanc, Paul Smith, Repetto, Rochas, S.T. Dupont, Van Cleef & Arpels, Abercrombie & Fitch, Anna Sui, bebe, Dunhill, Hollister, French Connection, Graff, GUESS, Lily Aldridge, MCM, Bella Vita, and Oscar de la Renta brand names, as well as under the Intimate and Aziza names. It sells its products to department stores, specialty stores, duty free shops, beauty retailers, and domestic and international wholesalers, and distributors, as well as through e-commerce. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1982 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Inter Parfums has a trailing twelve months EPS of $4.94.
PE Ratio
Inter Parfums has a trailing twelve months price to earnings ratio of 26.67. Meaning, the purchaser of the share is investing $26.67 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 24.45%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Inter Parfums’s EBITDA is 3.26.
Volume
Today’s last reported volume for Inter Parfums is 70736 which is 42.35% below its average volume of 122704.
Moving Average
Inter Parfums’s value is above its 50-day moving average of $127.72 and below its 200-day moving average of $135.53.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 38.5% and a negative 1.2%, respectively.
Previous days news about Inter Parfums (IPAR)
- According to Zacks on Thursday, 21 December, "Inter Parfums, Inc. (IPAR Quick QuoteIPAR – Free Report) : Inter Parfums appears well-positioned in the booming fragrance market due to its legacy scents and innovative extensions. "
5. OceanFirst Financial Corp. (OCFC)
37.56% Payout Ratio
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
Earnings Per Share
As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $2.13.
PE Ratio
OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 7.36. Meaning, the purchaser of the share is investing $7.36 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 8.16%.
Sales Growth
OceanFirst Financial Corp.’s sales growth is negative 15.2% for the current quarter and negative 9.6% for the next.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
