(VIANEWS) – Pitney Bowes (PBI), Crown Castle International (CCI), Putnam Municipal Opportunities Trust (PMO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn’t a guarantee 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. Pitney Bowes (PBI)
400% Payout Ratio
Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States, Canada, and internationally. It operates through Global Ecommerce, Presort Services, and Sending Technology Solutions (SendTech Solutions) segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, and bound and packet mail for postal work sharing discounts. The SendTech Solutions segment provides physical and digital mailing and shipping technology solutions and other applications for sending, tracking and receiving of letters, parcels, and flats as well as financing alternatives to finance equipment and product purchases. Pitney Bowes Inc. markets its products, solutions, and services through direct and inside sales force, global and regional partner channels, direct mailings, and digital channels. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was incorporated in 1920 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Pitney Bowes has a trailing twelve months EPS of $-2.2.
Sales Growth
Pitney Bowes’s sales growth for the next quarter is negative 0.5%.
2. Crown Castle International (CCI)
180.92% Payout Ratio
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them.
Earnings Per Share
As for profitability, Crown Castle International has a trailing twelve months EPS of $3.46.
PE Ratio
Crown Castle International has a trailing twelve months price to earnings ratio of 29.83. Meaning, the purchaser of the share is investing $29.83 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 21.72%.
Volume
Today’s last reported volume for Crown Castle International is 835341 which is 69.3% below its average volume of 2721290.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Crown Castle International’s EBITDA is 11.14.
3. Putnam Municipal Opportunities Trust (PMO)
121.55% Payout Ratio
Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors. Putnam Municipal Opportunities Trust was formed in 1993 and is domiciled in United States.
Earnings Per Share
As for profitability, Putnam Municipal Opportunities Trust has a trailing twelve months EPS of $0.42.
PE Ratio
Putnam Municipal Opportunities Trust has a trailing twelve months price to earnings ratio of 24.4. Meaning, the purchaser of the share is investing $24.4 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 2.04%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 0.42 and the estimated forward annual dividend yield is 4.1%.
4. Nuveen Massachusetts Premium Income Municipal Fund (NMT)
111.03% Payout Ratio
Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes. It seeks to invest in investment grade securities that are rated Baa/BBB or above by S&P, Moody's, or Fitch. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) Massachusetts Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen Massachusetts Premium Income Municipal Fund. Nuveen Massachusetts Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Massachusetts Premium Income Municipal Fund has a trailing twelve months EPS of $0.29.
PE Ratio
Nuveen Massachusetts Premium Income Municipal Fund has a trailing twelve months price to earnings ratio of 37.41. Meaning, the purchaser of the share is investing $37.41 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 2.46%.
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.
