(VIANEWS) – MFS Multimarket Income Trust (MMT), EQT Corporation (EQT), Univest Financial Corporation (UVSP) 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 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. MFS Multimarket Income Trust (MMT)
116.23% Payout Ratio
MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc. The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S. and foreign issuers, corporate bonds of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries with an average duration of 5.1 years. The fund employs fundamental analysis with bottom-up stock picking approach while focusing on factors such as underlying credit quality, collateral characteristics, and indenture provisions, and the issuer's management ability, capital structure, leverage, and ability to meet its current obligations. It seeks to benchmarks the performance of its portfolio against a combination of the Citigroup World Government Bond Non-Dollar Hedged Index, JPMorgan Emerging Markets Bond Index Global, Lehman Brothers U.S. Credit Bond Index, Lehman Brothers U.S. Government/Mortgage Bond Index, and Lehman Brothers U.S. High-Yield Corporate Bond Index. MFS Multimarket Income Trust was formed on March 12, 1987 and is domiciled in the Unites States.
Earnings Per Share
As for profitability, MFS Multimarket Income Trust has a trailing twelve months EPS of $0.34.
PE Ratio
MFS Multimarket Income Trust has a trailing twelve months price to earnings ratio of 13.88. Meaning, the purchaser of the share is investing $13.88 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 6.88%.
Volume
Today’s last reported volume for MFS Multimarket Income Trust is 29340 which is 59.86% below its average volume of 73109.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.3%, now sitting on 22.84M for the twelve trailing months.
2. EQT Corporation (EQT)
45.56% Payout Ratio
EQT Corporation operates as a natural gas production company in the United States. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, natural gas liquids, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, EQT Corporation has a trailing twelve months EPS of $1.35.
PE Ratio
EQT Corporation has a trailing twelve months price to earnings ratio of 27.38. Meaning, the purchaser of the share is investing $27.38 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 4.53%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 76.5% and a drop 86.7% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 0.63 and the estimated forward annual dividend yield is 1.7%.
Volume
Today’s last reported volume for EQT Corporation is 5482720 which is 16.47% below its average volume of 6563890.
3. Univest Financial Corporation (UVSP)
35.15% Payout Ratio
Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking products and services primarily in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment provides a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations. The Wealth Management segment offers investment advisory, financial planning, and trust and brokerage services for private families and individuals, municipal pension plans, retirement plans, and trusts and guardianships. The Insurance segment provides commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services. It serves customers primarily in Bucks, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lehigh, Montgomery, Northampton, Philadelphia, and York counties in Pennsylvania; and Atlantic, Burlington, and Cape May counties in New Jersey through 40 banking offices. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.
Earnings Per Share
As for profitability, Univest Financial Corporation has a trailing twelve months EPS of $2.39.
PE Ratio
Univest Financial Corporation has a trailing twelve months price to earnings ratio of 9.07. Meaning, the purchaser of the share is investing $9.07 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 8.57%.
Moving Average
Univest Financial Corporation’s worth is above its 50-day moving average of $21.27 and above its 200-day moving average of $19.76.
Sales Growth
Univest Financial Corporation’s sales growth is negative 2.5% for the current quarter and 2.2% for the next.
Yearly Top and Bottom Value
Univest Financial Corporation’s stock is valued at $21.68 at 14:23 EST, under its 52-week high of $23.10 and way above its 52-week low of $16.10.
4. CONMED Corporation (CNMD)
30.65% Payout Ratio
CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures worldwide. It offers orthopedic surgery products, including sports medicine products comprising powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, and metal and bioabsorbable implants, as well as related disposable products and fluid management systems; powered surgical instruments for use in bone orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal, and cardiothoracic surgeries; sports biologics and tissue products; and surgical visualization products. The company markets orthopedic surgery products under the Hall, CONMED Linvatec, Concept, and Shutt brands. It also offers general surgery products, such as clinical insufflation, smoke evacuation, electrosurgical, and endomechanical products; and endoscopic technologies, including diagnostic and therapeutic products for use in gastroenterology procedures, and products for the treatment of diseases of the biliary structures, as well as cardiac monitoring products comprising ECG and EEG electrodes, and cardiac defibrillation pads. The company markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida.
Earnings Per Share
As for profitability, CONMED Corporation has a trailing twelve months EPS of $2.61.
PE Ratio
CONMED Corporation has a trailing twelve months price to earnings ratio of 25.85. Meaning, the purchaser of the share is investing $25.85 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 10.25%.
Moving Average
CONMED Corporation’s value is under its 50-day moving average of $73.07 and way under its 200-day moving average of $90.90.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 9.6% and 28.9%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.7%, now sitting on 1.26B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 1.19%.
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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
