(VIANEWS) – BlackRock Credit Allocation Income Trust (BTZ), ConAgra Foods (CAG), SK Telecom (SKM) 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. BlackRock Credit Allocation Income Trust (BTZ)
173.59% Payout Ratio
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Credit Allocation Income Trust has a trailing twelve months EPS of $0.58.
PE Ratio
BlackRock Credit Allocation Income Trust has a trailing twelve months price to earnings ratio of 18.71. Meaning, the purchaser of the share is investing $18.71 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 negative -22.78%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 1.01 and the estimated forward annual dividend yield is 9.28%.
Volume
Today’s last reported volume for BlackRock Credit Allocation Income Trust is 301205 which is 13.37% below its average volume of 347703.
Yearly Top and Bottom Value
BlackRock Credit Allocation Income Trust’s stock is valued at $10.85 at 07:23 EST, below its 52-week high of $11.23 and way above its 52-week low of $9.10.
2. ConAgra Foods (CAG)
66.34% Payout Ratio
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, ConAgra Foods has a trailing twelve months EPS of $2.05.
PE Ratio
ConAgra Foods has a trailing twelve months price to earnings ratio of 13.82. Meaning, the purchaser of the share is investing $13.82 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 11.06%.
Moving Average
ConAgra Foods’s worth is below its 50-day moving average of $28.76 and under its 200-day moving average of $30.31.
3. SK Telecom (SKM)
64.1% Payout Ratio
SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices. The Fixed-Line Telecommunications Services segment provides fixed-line telephone services; broadband Internet services; media platform services, such as Internet protocol TV and cable TV; and business communications services. The Other Businesses segment offers T-commerce services, as well as portal services under Nate brand name. In addition, it provides call center management, base station maintenance, information gathering and consulting, database and internet website, cable broadcasting, broadcasting programs, and digital contents sourcing services; manufactures non-memory and other electronic integrated circuits; international telecommunication and mobile; and operates information and communications facilities, and mobile virtual network, as well as engages in communications and communication device retail business. SK Telecom Co., Ltd. was incorporated in 1984 and is headquartered in Seoul, South Korea.
Earnings Per Share
As for profitability, SK Telecom has a trailing twelve months EPS of $2.06.
PE Ratio
SK Telecom has a trailing twelve months price to earnings ratio of 10.7. Meaning, the purchaser of the share is investing $10.7 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 9.4%.
Yearly Top and Bottom Value
SK Telecom’s stock is valued at $22.04 at 07:23 EST, under its 52-week high of $22.61 and way higher than its 52-week low of $18.26.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 1.39 and the estimated forward annual dividend yield is 6.4%.
4. Entegris (ENTG)
33.33% Payout Ratio
Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH). The SCEM segment offers high-performance and high-purity process chemistries, gases, and materials, as well as delivery systems to support semiconductor and other advanced manufacturing processes. The MC segment provides solutions to filter and purify critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-technology industries. The AMH segment develops solutions to monitor, protect, transport, and deliver critical liquid chemistries, wafers, and other substrates for application in the semiconductor, life sciences, and other high-technology industries. The company's customers include logic and memory semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, and wafer grower companies; and flat panel display equipment makers, panel manufacturers, and manufacturers of hard disk drive components and devices, as well as their related ecosystems. It also serves manufacturers and suppliers in the solar industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices. Entegris, Inc. was founded in 1966 and is headquartered in Billerica, Massachusetts.
Earnings Per Share
As for profitability, Entegris has a trailing twelve months EPS of $1.19.
PE Ratio
Entegris has a trailing twelve months price to earnings ratio of 114.97. Meaning, the purchaser of the share is investing $114.97 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 5.45%.
Yearly Top and Bottom Value
Entegris’s stock is valued at $136.81 at 07:23 EST, below its 52-week high of $140.10 and way above its 52-week low of $69.37.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 4.6% and positive 15.2% for the next.
Volume
Today’s last reported volume for Entegris is 2231070 which is 72.09% above its average volume of 1296440.
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).
