(VIANEWS) – MFS High Income Municipal Trust (CXE), OUTFRONT Media (OUT), Marine Petroleum Trust (MARPS) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. MFS High Income Municipal Trust (CXE)
222.86% Payout Ratio
MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS High Income Municipal Trust has a trailing twelve months EPS of $0.07.
PE Ratio
MFS High Income Municipal Trust has a trailing twelve months price to earnings ratio of 51.86. Meaning, the purchaser of the share is investing $51.86 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 1.92%.
Volume
Today’s last reported volume for MFS High Income Municipal Trust is 66916 which is 21.73% below its average volume of 85501.
Moving Average
MFS High Income Municipal Trust’s worth is higher than its 50-day moving average of $3.55 and above its 200-day moving average of $3.41.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 13, 2024, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 4.27%.
2. OUTFRONT Media (OUT)
173.91% Payout Ratio
OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.
Earnings Per Share
As for profitability, OUTFRONT Media has a trailing twelve months EPS of $-2.67.
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 -42.17%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.2%, now sitting on 1.81B for the twelve trailing months.
Volume
Today’s last reported volume for OUTFRONT Media is 1117990 which is 56.26% below its average volume of 2556120.
Earnings Before Interest, Taxes, Depreciation, and Amortization
OUTFRONT Media’s EBITDA is 63.48.
Previous days news about OUTFRONT Media (OUT)
- Outfront media (out) Q4 FFO misses estimates on higher expenses. According to Zacks on Thursday, 22 February, "Concurrent with its fourth-quarter earnings release, OUTFRONT Media announced its common stock quarterly cash dividend of 30 cents per share. ", "Shares of OUTFRONT Media Inc. (OUT Quick QuoteOUT – Free Report) witnessed an 11.3% rise in the after-hours trading session on Feb 21 after it reported fourth-quarter 2023 adjusted funds from operations (AFFO) per share of 62 cents, missing the Zacks Consensus Estimate of 64 cents."
3. Marine Petroleum Trust (MARPS)
117.72% Payout Ratio
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Marine Petroleum Trust has a trailing twelve months EPS of $0.54.
PE Ratio
Marine Petroleum Trust has a trailing twelve months price to earnings ratio of 7.76. Meaning, the purchaser of the share is investing $7.76 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 102.21%.
Yearly Top and Bottom Value
Marine Petroleum Trust’s stock is valued at $4.19 at 07:23 EST, way below its 52-week high of $8.87 and above its 52-week low of $3.94.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Marine Petroleum Trust’s EBITDA is 6.54.
Moving Average
Marine Petroleum Trust’s value is under its 50-day moving average of $4.44 and way under its 200-day moving average of $5.32.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 10.21%.
4. Douglas Dynamics (PLOW)
99.58% Payout Ratio
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the BLIZZARD, FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Douglas Dynamics has a trailing twelve months EPS of $1.18.
PE Ratio
Douglas Dynamics has a trailing twelve months price to earnings ratio of 21.66. Meaning, the purchaser of the share is investing $21.66 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 12.05%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Douglas Dynamics’s EBITDA is 58.4.
Volume
Today’s last reported volume for Douglas Dynamics is 208607 which is 43.57% above its average volume of 145296.
5. Middlefield Banc Corp. (MBCN)
37.38% 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 $2.14.
PE Ratio
Middlefield Banc Corp. has a trailing twelve months price to earnings ratio of 12.15. Meaning, the purchaser of the share is investing $12.15 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 8.61%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.08%.
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%.
