(VIANEWS) – Franklin Universal Trust (FT), Cal-Maine Foods (CALM), News Corporation (NWS) 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 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 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. Franklin Universal Trust (FT)
71.82% Payout Ratio
Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component of its balanced portfolio against the S&P 500 Electric Utilities Index and the fixed component against the Credit Suisse High Yield. Franklin Universal Trust was formed on September 23, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Franklin Universal Trust has a trailing twelve months EPS of $-0.15.
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 -1.98%.
Yearly Top and Bottom Value
Franklin Universal Trust’s stock is valued at $6.60 at 08:23 EST, under its 52-week high of $7.23 and way above its 52-week low of $5.97.
Moving Average
Franklin Universal Trust’s value is above its 50-day moving average of $6.52 and higher than its 200-day moving average of $6.58.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 18, 2024, the estimated forward annual dividend rate is 0.51 and the estimated forward annual dividend yield is 7.73%.
2. Cal-Maine Foods (CALM)
54.65% Payout Ratio
Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.
Earnings Per Share
As for profitability, Cal-Maine Foods has a trailing twelve months EPS of $5.64.
PE Ratio
Cal-Maine Foods has a trailing twelve months price to earnings ratio of 11.16. Meaning, the purchaser of the share is investing $11.16 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 16.82%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 30, 2024, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 2.99%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 48% and positive 650% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 29.5%, now sitting on 2.37B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cal-Maine Foods’s EBITDA is 1.23.
3. News Corporation (NWS)
50% Payout Ratio
News Corporation, a media and information services company, focuses on creating and distributing content for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and Investor's Business Daily through various media channels, such as newspapers, newswires, websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, videos, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides video sports, entertainment, and news services to pay-TV subscribers and other commercial licensees primarily through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and professional software and service products, as well as financial services. The company is headquartered in New York, New York.
Earnings Per Share
As for profitability, News Corporation has a trailing twelve months EPS of $0.4.
PE Ratio
News Corporation has a trailing twelve months price to earnings ratio of 63.11. Meaning, the purchaser of the share is investing $63.11 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 2.95%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
News Corporation’s EBITDA is 34.99.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 12, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.74%.
4. Franco (FNV)
37.85% Payout Ratio
Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent. Franco-Nevada Corporation was founded in 1986 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Franco has a trailing twelve months EPS of $-2.43.
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 -7.65%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 5.1% and a negative 17.9%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Franco’s EBITDA is 91.21.
Revenue Growth
Year-on-year quarterly revenue growth declined by 5.3%, now sitting on 1.22B for the twelve trailing months.
Sales Growth
Franco’s sales growth is 9.7% for the current quarter and negative 14.2% for the next.
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.
