(VIANEWS) – MFS Charter Income Trust (MCR), Camden National Corporation (CAC), Cohen & Steers Qualityome Realty Fund (RQI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 distribute 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. MFS Charter Income Trust (MCR)
142.27% Payout Ratio
MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S. or foreign issuers, or debt instruments of issuers located in emerging market countries. The fund employs a combination of fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmarks the performance of its portfolio against a combination of the Barclays U.S. High-Yield Corporate Bond 2% Issuer Capped Index, MFS Charter Income Trust Blended Index, Barclays U.S. Credit Bond Index, Barclays U.S. Government/Mortgage Bond Index, Citigroup World Government Bond Non-Dollar Hedged Index, and JPMorgan Emerging Markets Bond Index Global. MFS Charter Income Trust was formed on July 20, 1989 and is domiciled in the United States.
Earnings Per Share
As for profitability, MFS Charter Income Trust has a trailing twelve months EPS of $0.38.
PE Ratio
MFS Charter Income Trust has a trailing twelve months price to earnings ratio of 16.61. Meaning, the purchaser of the share is investing $16.61 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 5.64%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 16, 2024, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 8.55%.
Yearly Top and Bottom Value
MFS Charter Income Trust’s stock is valued at $6.31 at 08:23 EST, below its 52-week high of $6.70 and way above its 52-week low of $5.63.
2. Camden National Corporation (CAC)
55.81% Payout Ratio
Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.
Earnings Per Share
As for profitability, Camden National Corporation has a trailing twelve months EPS of $3.01.
PE Ratio
Camden National Corporation has a trailing twelve months price to earnings ratio of 10.63. Meaning, the purchaser of the share is investing $10.63 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 9.09%.
3. Cohen & Steers Qualityome Realty Fund (RQI)
54.86% Payout Ratio
Cohen & Steers Quality Income Realty Fund, Inc. is a closed-ended equity mutual fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts. It primarily invests in growth stocks of companies across all market capitalizations. The fund employs fundamental analysis focusing on such factors as underlying potential for success in light of the company's current financial condition, its industry and sector position, economic and market condition, earnings growth, current ratio of debt to capital, and the quality of management to create its portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, the FTSE NAREIT Equity REIT index, and a composite index of 80% FTSE NAREIT Equity REIT Index and 20% BofA Merrill Lynch REIT Preferred Securities Index. The fund was previously known as Cohen & Steers Income Realty Fund Inc. Cohen & Steers Quality Income Realty Fund, Inc. was formed on February 28, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Cohen & Steers Qualityome Realty Fund has a trailing twelve months EPS of $1.75.
PE Ratio
Cohen & Steers Qualityome Realty Fund has a trailing twelve months price to earnings ratio of 6.66. Meaning, the purchaser of the share is investing $6.66 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 negative -2.67%.
Volume
Today’s last reported volume for Cohen & Steers Qualityome Realty Fund is 289244 which is 17.32% below its average volume of 349860.
Moving Average
Cohen & Steers Qualityome Realty Fund’s value is above its 50-day moving average of $11.38 and higher than its 200-day moving average of $11.25.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 16, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 8.23%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.6%, now sitting on 95.35M for the twelve trailing months.
4. Pimco New York Municipal Income Fund II (PNI)
51.3% Payout Ratio
PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax. It also invests in New York variable rate notes, New York variable rate demand notes, and U.S. treasury bills. The fund employs proprietary analytical models to make its investments. PIMCO New York Municipal Income Fund II was formed on March 29, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco New York Municipal Income Fund II has a trailing twelve months EPS of $0.69.
PE Ratio
Pimco New York Municipal Income Fund II has a trailing twelve months price to earnings ratio of 10.83. Meaning, the purchaser of the share is investing $10.83 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 7.38%.
Moving Average
Pimco New York Municipal Income Fund II’s value is higher than its 50-day moving average of $7.32 and higher than its 200-day moving average of $7.17.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 11, 2024, the estimated forward annual dividend rate is 0.35 and the estimated forward annual dividend yield is 4.74%.
Yearly Top and Bottom Value
Pimco New York Municipal Income Fund II’s stock is valued at $7.47 at 08:23 EST, under its 52-week high of $7.73 and way above its 52-week low of $6.03.
5. Sturm, Ruger & Company (RGR)
46.96% Payout Ratio
Sturm, Ruger & Company, Inc., together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark. The company offers steel investment castings and metal injection molding parts. It sells its firearm products through independent wholesale distributors to commercial sporting market; and castings and MIM parts directly or through manufacturers' representatives. It exports its firearm products through a network of selected commercial distributors and directly to foreign customers comprising primarily of law enforcement agencies and foreign governments. Sturm, Ruger & Company, Inc. was founded in 1949 and is based in Southport, Connecticut.
Earnings Per Share
As for profitability, Sturm, Ruger & Company has a trailing twelve months EPS of $2.3.
PE Ratio
Sturm, Ruger & Company has a trailing twelve months price to earnings ratio of 17.9. Meaning, the purchaser of the share is investing $17.9 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 49.62%.
Moving Average
Sturm, Ruger & Company’s worth is under its 50-day moving average of $43.54 and way under its 200-day moving average of $45.77.
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 current quarter and 1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1% and 1%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
