(VIANEWS) – ADT Corporation (ADT), Eaton Vance Floating Rate Income Trust (EFT), PIMCO California Municipal Income Fund III (PZC) 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 promise 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. ADT Corporation (ADT)
200% Payout Ratio
ADT Inc. provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies such as injuries, medical emergencies, or incapacitation. It also provides interactive solutions that allow customers to use their smart phones, tablets, and laptops to arm and disarm their security systems, adjust lighting or thermostat levels, view real-time video of their premises, and program customizable schedules for the management of a range of smart home products. In addition, the company offers professional monitoring of third-party devices by enabling other companies to integrate solutions into its monitoring and billing platform. It provides its products under the ADT, ADT Pulse, Protection 1, ADT Commercial, and Blue by ADT names. As of December 31, 2019, ADT Inc. operated through a network of approximately 200 sales and service offices, 9 underwriter laboratories listed monitoring centers, 13 customer and field support locations, two national sales call centers, and two regional distribution centers. The company was formerly known as Prime Security Services Parent, Inc. and changed its name to ADT Inc. in September 2017. ADT Inc. was founded in 1874 and is headquartered in Boca Raton, Florida.
Earnings Per Share
As for profitability, ADT Corporation has a trailing twelve months EPS of $-0.07.
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 -1.8%.
2. Eaton Vance Floating Rate Income Trust (EFT)
73.74% Payout Ratio
Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Floating Rate Income Trust has a trailing twelve months EPS of $1.73.
PE Ratio
Eaton Vance Floating Rate Income Trust has a trailing twelve months price to earnings ratio of 7.63. Meaning, the purchaser of the share is investing $7.63 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 13.87%.
3. PIMCO California Municipal Income Fund III (PZC)
69.41% Payout Ratio
PIMCO California Municipal Income Fund III is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors. Its investment portfolio include California municipal bonds, and other municipal bonds and notes; California variable rate notes and other variable rate notes; California variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO California Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, PIMCO California Municipal Income Fund III has a trailing twelve months EPS of $0.51.
PE Ratio
PIMCO California Municipal Income Fund III has a trailing twelve months price to earnings ratio of 14.96. Meaning, the purchaser of the share is investing $14.96 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 6.43%.
Yearly Top and Bottom Value
PIMCO California Municipal Income Fund III’s stock is valued at $7.63 at 02:23 EST, below its 52-week high of $8.20 and way higher than its 52-week low of $6.30.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 8, 2024, the estimated forward annual dividend rate is 0.35 and the estimated forward annual dividend yield is 4.64%.
4. Westwood Holdings Group (WHG)
51.28% Payout Ratio
Westwood Holdings Group, Inc., through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment. The Trust segment offers trust and custodial services; and participates in common trust funds that it sponsors to institutions and high net worth individuals. Westwood Holdings Group, Inc. was founded in 1983 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Westwood Holdings Group has a trailing twelve months EPS of $1.17.
PE Ratio
Westwood Holdings Group has a trailing twelve months price to earnings ratio of 10.52. Meaning, the purchaser of the share is investing $10.52 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 9.07%.
Moving Average
Westwood Holdings Group’s value is higher than its 50-day moving average of $11.98 and higher than its 200-day moving average of $11.30.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.87%.
Yearly Top and Bottom Value
Westwood Holdings Group’s stock is valued at $12.31 at 02:23 EST, way below its 52-week high of $14.20 and way higher than its 52-week low of $8.91.
Volume
Today’s last reported volume for Westwood Holdings Group is 5477 which is 55.54% below its average volume of 12321.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
