(VIANEWS) – Donegal Group (DGICA), City Office REIT (CIO), MFS Intermediate High Income Fund (CIF) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Donegal Group (DGICA)
425% Payout Ratio
Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. It operates through four segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles. It also offers homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft; and liability of the insured arising from injury to other persons or their property. In addition, the company offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against various perils, primarily combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products through a network of approximately 2,400 independent insurance agencies. Donegal Group Inc. was founded in 1986 and is headquartered in Marietta, Pennsylvania.
Earnings Per Share
As for profitability, Donegal Group has a trailing twelve months EPS of $0.16.
PE Ratio
Donegal Group has a trailing twelve months price to earnings ratio of 82.75. Meaning, the purchaser of the share is investing $82.75 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 1.06%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 0.69 and the estimated forward annual dividend yield is 5.22%.
Moving Average
Donegal Group’s worth is below its 50-day moving average of $13.50 and under its 200-day moving average of $14.12.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 943.73M for the twelve trailing months.
2. City Office REIT (CIO)
363.64% Payout Ratio
City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (“NRA”).
Earnings Per Share
As for profitability, City Office REIT has a trailing twelve months EPS of $-0.28.
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 -0.43%.
3. MFS Intermediate High Income Fund (CIF)
114.91% Payout Ratio
MFS Intermediate High Income Fund is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in high income debt instruments. The fund benchmarks the performance of its portfolio against Barclays U.S. High-Yield Corporate 2% Issuer Capped Index. It was formerly known as Colonial Intermediate High Income Fund. MFS Intermediate High Income Fund was founded in July 21, 1988 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS Intermediate High Income Fund has a trailing twelve months EPS of $0.15.
PE Ratio
MFS Intermediate High Income Fund has a trailing twelve months price to earnings ratio of 11.27. Meaning, the purchaser of the share is investing $11.27 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 8.25%.
Volume
Today’s last reported volume for MFS Intermediate High Income Fund is 29894 which is 31.63% below its average volume of 43724.
Yearly Top and Bottom Value
MFS Intermediate High Income Fund’s stock is valued at $1.69 at 08:23 EST, under its 52-week high of $1.77 and way above its 52-week low of $1.47.
4. 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 13.61. Meaning, the purchaser of the share is investing $13.61 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%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9%, now sitting on 12.81M for the twelve trailing months.
Moving Average
PIMCO California Municipal Income Fund III’s worth is under its 50-day moving average of $7.26 and below its 200-day moving average of $7.24.
5. Steven Madden, Ltd. (SHOO)
34.71% Payout Ratio
Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories, and apparel for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden, Steven by Steve Madden, Madden Girl, BB Dakota, Dolce Vita, DV Dolce Vita, Betsey Johnson, GREATS, Blondo, Anne Klein, Mad Love, Superga, Madden NYC, and COOL Planet brands, as well as private label footwear. The company's Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, BB Dakota, Anne Klein, Betsey Johnson, Cejon, Madden NYC, and Dolce Vita brands, as well as private label handbag and accessories to department stores, mass merchants, off-price retailers, online retailers, specialty stores, and independent stores. Its Direct-to-Consumer segment operates Steve Madden and Superga full-price retail stores, Steve Madden outlet stores, and Steve Madden shop-in-shops, as well as digital e-commerce websites, including SteveMadden.com, DolceVita.com, betseyjohnson.com, Blondo.com, GREATS.com, and Superga-USA.com. The company's Licensing segment licenses its Steve Madden, Madden Girl, and Betsey Johnson trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for national chains, specialty retailers, and value-priced retailers. As of December 31, 2021, it owned and operated 214 brick-and-mortar retail stores that included 147 Steve Madden full-price stores, 66 Steve Madden outlet stores, and 1 Superga store, as well as 6 e-commerce websites. Steven Madden, Ltd. was incorporated in 1990 and is headquartered in Long Island City, New York.
Earnings Per Share
As for profitability, Steven Madden, Ltd. has a trailing twelve months EPS of $2.42.
PE Ratio
Steven Madden, Ltd. has a trailing twelve months price to earnings ratio of 18.32. Meaning, the purchaser of the share is investing $18.32 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 21.62%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 10.6% and 5.7%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 10, 2024, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 1.89%.
Yearly Top and Bottom Value
Steven Madden, Ltd.’s stock is valued at $44.34 at 08:23 EST, under its 52-week high of $45.91 and way above its 52-week low of $30.35.
6. A.O. Smith Corporation (AOS)
32.21% Payout Ratio
A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World. The company offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; residential and commercial boilers for space heating applications in hospitals, schools, hotels, and other commercial buildings; and water treatment products, including on-the-go filtration bottles, point-of-use carbon and reverse osmosis products, point-of-entry water softeners, and whole-home water filtration products for residences, restaurants, hotels, and offices. It also provides food and beverage filtration products; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and heat pumps, combi-boilers, solar tank units, and air purification products. The company offers its products primarily under the A. O. Smith, State, Lochinvar, and water softener brands. It distributes its products through independent wholesale plumbing distributors, as well as through retail channels consisting of hardware and home center chains, and manufacturer representative firms; and offers Aquasana branded products directly to consumers through e-commerce, as well as other online retailers. The company was founded in 1874 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, A.O. Smith Corporation has a trailing twelve months EPS of $3.85.
PE Ratio
A.O. Smith Corporation has a trailing twelve months price to earnings ratio of 22.02. Meaning, the purchaser of the share is investing $22.02 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 31.44%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 29, 2024, the estimated forward annual dividend rate is 1.28 and the estimated forward annual dividend yield is 1.51%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 5% and 10%, respectively.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
