(VIANEWS) – Invesco Pennsylvania Value Municipal Income Trust (VPV), Sun Communities (SUI), The Blackstone Group (BX) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio so far. 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. Invesco Pennsylvania Value Municipal Income Trust (VPV)
497% Payout Ratio
Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade Pennsylvania municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Pennsylvania Value Municipal Income Trust. Invesco Pennsylvania Value Municipal Income Trust was formed on April 30, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Pennsylvania Value Municipal Income Trust has a trailing twelve months EPS of $-0.19.
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 -1.71%.
2. Sun Communities (SUI)
202.76% Payout Ratio
Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of September 30, 2023, the Company owned, operated, or had an interest in a portfolio of 670 developed MH, RV and Marina properties comprising approximately 180,170 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.
Earnings Per Share
As for profitability, Sun Communities has a trailing twelve months EPS of $1.8.
PE Ratio
Sun Communities has a trailing twelve months price to earnings ratio of 74.36. Meaning, the purchaser of the share is investing $74.36 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 3.16%.
Yearly Top and Bottom Value
Sun Communities’s stock is valued at $133.84 at 16:23 EST, way below its 52-week high of $163.83 and way higher than its 52-week low of $102.74.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 25% and positive 91.7% for the next.
Moving Average
Sun Communities’s value is way above its 50-day moving average of $120.57 and higher than its 200-day moving average of $127.53.
3. The Blackstone Group (BX)
143.1% Payout Ratio
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, infrastructure, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe, North America and Central America.
Earnings Per Share
As for profitability, The Blackstone Group has a trailing twelve months EPS of $2.39.
PE Ratio
The Blackstone Group has a trailing twelve months price to earnings ratio of 54.83. Meaning, the purchaser of the share is investing $54.83 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 15.97%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 0.9% and positive 13.4% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 26, 2023, the estimated forward annual dividend rate is 3.32 and the estimated forward annual dividend yield is 2.54%.
Moving Average
The Blackstone Group’s worth is way higher than its 50-day moving average of $106.84 and way above its 200-day moving average of $97.81.
Volume
Today’s last reported volume for The Blackstone Group is 1613290 which is 57.76% below its average volume of 3819440.
4. Alexander & Baldwin (ALEX)
135.38% Payout Ratio
Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.
Earnings Per Share
As for profitability, Alexander & Baldwin has a trailing twelve months EPS of $0.65.
PE Ratio
Alexander & Baldwin has a trailing twelve months price to earnings ratio of 28.46. Meaning, the purchaser of the share is investing $28.46 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 4.46%.
Moving Average
Alexander & Baldwin’s worth is way above its 50-day moving average of $16.59 and higher than its 200-day moving average of $17.90.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.6%, now sitting on 228M for the twelve trailing months.
Yearly Top and Bottom Value
Alexander & Baldwin’s stock is valued at $18.50 at 16:23 EST, under its 52-week high of $20.49 and way higher than its 52-week low of $15.56.
Sales Growth
Alexander & Baldwin’s sales growth is negative 43.2% for the present quarter and negative 48.3% for the next.
5. Green Plains Partners LP (GPP)
112.35% Payout Ratio
Green Plains Partners LP provides fuel storage and transportation services in the United States. It acquires, owns, develops, and operates ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. The company owns or leases 31 ethanol storage facilities and approximately 44 acres of land; and six fuel terminals in Alabama, Arkansas, Louisiana, Mississippi, Kentucky, and Oklahoma. It also owns and operates a fleet of 19 trucks and tankers for transportation of ethanol and other products. The company was founded in 2015 and is headquartered in Omaha, Nebraska. Green Plains Partners LP is a subsidiary of Green Plains Inc.
Earnings Per Share
As for profitability, Green Plains Partners LP has a trailing twelve months EPS of $1.62.
PE Ratio
Green Plains Partners LP has a trailing twelve months price to earnings ratio of 8.43. Meaning, the purchaser of the share is investing $8.43 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 9930.48%.
Moving Average
Green Plains Partners LP’s worth is higher than its 50-day moving average of $13.32 and higher than its 200-day moving average of $13.25.
Volume
Today’s last reported volume for Green Plains Partners LP is 216487 which is 78.38% above its average volume of 121361.
6. Middlefield Banc Corp. (MBCN)
36.2% Payout Ratio
Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021. The bank operates 16 full-service banking centers and an LPL Financial® brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio. Additional information is available at www.middlefieldbank.bank.
Earnings Per Share
As for profitability, Middlefield Banc Corp. has a trailing twelve months EPS of $2.21.
PE Ratio
Middlefield Banc Corp. has a trailing twelve months price to earnings ratio of 13.46. Meaning, the purchaser of the share is investing $13.46 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 10.95%.
Volume
Today’s last reported volume for Middlefield Banc Corp. is 8010 which is 34.98% below its average volume of 12320.
Sales Growth
Middlefield Banc Corp.’s sales growth is 7.6% for the current quarter and negative 4.6% 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%.
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).
