(VIANEWS) – Lexington Realty Trust (LXP), Eaton Vance Tax (ETY), NVE Corporation (NVEC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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. Lexington Realty Trust (LXP)
631.25% Payout Ratio
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.
Earnings Per Share
As for profitability, Lexington Realty Trust has a trailing twelve months EPS of $0.08.
PE Ratio
Lexington Realty Trust has a trailing twelve months price to earnings ratio of 108.25. Meaning, the purchaser of the share is investing $108.25 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 1.54%.
Yearly Top and Bottom Value
Lexington Realty Trust’s stock is valued at $8.66 at 14:23 EST, way below its 52-week high of $10.75 and way above its 52-week low of $7.75.
Moving Average
Lexington Realty Trust’s worth is under its 50-day moving average of $9.30 and under its 200-day moving average of $9.39.
2. Eaton Vance Tax (ETY)
170.56% Payout Ratio
Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying stocks of companies. It also writes S&P 500 Index call options with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. The Fund also normally invests in issuers located in at least three countries including the United States. It also invests through derivatives. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 80% S&P 500 Index and 20% FTSE Eurotop 100 Index. Eaton Vance Tax-Managed Diversified Equity Income Fund was formed on November 30, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.61.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 21.38. Meaning, the purchaser of the share is investing $21.38 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 5.06%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 29.74M for the twelve trailing months.
Volume
Today’s last reported volume for Eaton Vance Tax is 135971 which is 45.84% below its average volume of 251060.
3. NVE Corporation (NVEC)
89.69% Payout Ratio
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it engages in the research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Earnings Per Share
As for profitability, NVE Corporation has a trailing twelve months EPS of $4.46.
PE Ratio
NVE Corporation has a trailing twelve months price to earnings ratio of 19.36. Meaning, the purchaser of the share is investing $19.36 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 33.13%.
Volume
Today’s last reported volume for NVE Corporation is 15857 which is 49.43% below its average volume of 31358.
Earnings Before Interest, Taxes, Depreciation, and Amortization
NVE Corporation’s EBITDA is 10.98.
Moving Average
NVE Corporation’s worth is above its 50-day moving average of $79.14 and above its 200-day moving average of $80.94.
4. Bank of Marin Bancorp (BMRC)
80.65% Payout Ratio
Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, professionals, not-for-profit organizations, and individuals in California, the United States. It offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry and insured cash sweep services. The company also provides commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, it offers merchant and payroll, and cash management services; credit cards; fraud detection tools; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, the company provides wealth management and trust services comprising customized investment portfolio management, financial planning, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and digital banking services. It operates through 12 branch offices in Marin, southern Sonoma counties, and north of San Francisco, California; and a loan production office in San Francisco. The company was incorporated in 1989 and is headquartered in Novato, California.
Earnings Per Share
As for profitability, Bank of Marin Bancorp has a trailing twelve months EPS of $1.24.
PE Ratio
Bank of Marin Bancorp has a trailing twelve months price to earnings ratio of 13.4. Meaning, the purchaser of the share is investing $13.4 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 4.68%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 7, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 6.02%.
Volume
Today’s last reported volume for Bank of Marin Bancorp is 89693 which is 58.35% above its average volume of 56641.
Yearly Top and Bottom Value
Bank of Marin Bancorp’s stock is valued at $16.61 at 14:23 EST, way under its 52-week high of $30.61 and way above its 52-week low of $12.89.
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 current quarter and 1% for the next.
