(VIANEWS) – John Hancock (HPS), Eagle Point Credit Company (ECC), Marcus Corporation (MCS) 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 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. John Hancock (HPS)
1787.5% Payout Ratio
John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund III was formed on June 19, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock has a trailing twelve months EPS of $0.08.
PE Ratio
John Hancock has a trailing twelve months price to earnings ratio of 199.5. Meaning, the purchaser of the share is investing $199.5 for every dollar of annual earnings.
2. Eagle Point Credit Company (ECC)
96.55% Payout Ratio
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.75.
PE Ratio
Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 5.77. Meaning, the purchaser of the share is investing $5.77 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 19.19%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 11, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 19.12%.
Yearly Top and Bottom Value
Eagle Point Credit Company’s stock is valued at $10.09 at 08:23 EST, under its 52-week high of $10.58 and way higher than its 52-week low of $8.60.
Sales Growth
Eagle Point Credit Company’s sales growth for the next quarter is 28.9%.
3. Marcus Corporation (MCS)
66.67% Payout Ratio
The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 17, 2020, it owned or operated 1,110 screens at 91 locations in 17 states under the Marcus Theatres, Movie Tavern by Marcus, and BistroPlex brands; and owned and managed 20 hotels, resorts, and other properties in eight states. The company also operates a family entertainment center under the Funset Boulevard name in Appleton, Wisconsin, as well as owns and operates a retail outlet under the name of Ronnie's Plaza. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development. The company was founded in 1935 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Marcus Corporation has a trailing twelve months EPS of $0.39.
PE Ratio
Marcus Corporation has a trailing twelve months price to earnings ratio of 28.64. Meaning, the purchaser of the share is investing $28.64 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 2.73%.
Volume
Today’s last reported volume for Marcus Corporation is 473827 which is 44.68% below its average volume of 856654.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 17, 2024, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 2.51%.
4. Lifetime Brands (LCUT)
42.5% Payout Ratio
Lifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company provides kitchenware products, including kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks, and bakeware; and tableware products comprising dinnerware, stemware, flatware, and giftware. It also provides home solutions, such as thermal beverageware, bath scales, weather and outdoor household, food storage, neoprene travel, and home décor products. The company owns or licenses various brands, including Farberware, Mikasa, Taylor, KitchenAid, Pfaltzgraff, BUILT NY, Rabbit, Kamenstein, Sabatier, S'well, and Fred & Friends. It serves mass market merchants, specialty stores, commercial stores, department stores, warehouse clubs, grocery stores, off-price retailers, food service distributors, pharmacies, food and beverage outlets, and e-commerce. The company sells its products directly, as well as through its own websites. Lifetime Brands, Inc. was founded in 1945 and is headquartered in Garden City, New York.
Earnings Per Share
As for profitability, Lifetime Brands 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 -2.59%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 50% and positive 13.9% for the next.
Sales Growth
Lifetime Brands’s sales growth for the next quarter is 5.3%.
Yearly Top and Bottom Value
Lifetime Brands’s stock is valued at $7.34 at 08:23 EST, way below its 52-week high of $11.68 and way higher than its 52-week low of $4.86.
Moving Average
Lifetime Brands’s worth is way under its 50-day moving average of $9.72 and under its 200-day moving average of $8.11.
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%.