(VIANEWS) – Pioneer Municipal High Income Trust (MHI), Western Asset High Income Fund II (HIX), National Bankshares (NKSH) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio so far. 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 distribute 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. Pioneer Municipal High Income Trust (MHI)
1040% Payout Ratio
Pioneer Municipal High Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index and Barclays High Yield Municipal Bond Index. Pioneer Municipal High Income Fund, Inc. was formed on March 13, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pioneer Municipal High Income Trust has a trailing twelve months EPS of $0.04.
PE Ratio
Pioneer Municipal High Income Trust has a trailing twelve months price to earnings ratio of 228.25. Meaning, the purchaser of the share is investing $228.25 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 0.49%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 16.8M for the twelve trailing months.
Volume
Today’s last reported volume for Pioneer Municipal High Income Trust is 18229 which is 62.49% below its average volume of 48608.
2. Western Asset High Income Fund II (HIX)
534.54% Payout Ratio
Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in securities of companies that operate across diversified sectors. It invests in high yield debt securities issued by U.S., foreign corporations and foreign governments. The fund employs a combination of quantitative and fundamental analysis with bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. Western Asset High Income Fund II, Inc. was formed on May 28, 1998 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset High Income Fund II has a trailing twelve months EPS of $0.11.
PE Ratio
Western Asset High Income Fund II has a trailing twelve months price to earnings ratio of 40.36. Meaning, the purchaser of the share is investing $40.36 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 2.08%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.7%, now sitting on 43.2M for the twelve trailing months.
3. National Bankshares (NKSH)
66.81% Payout Ratio
National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, and individual retirement accounts. Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository services, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services. It operates 25 full-service offices, a loan production office, and 24 automated teller machines in Southwest Virginia. National Bankshares, Inc. was founded in 1891 and is headquartered in Blacksburg, Virginia.
Earnings Per Share
As for profitability, National Bankshares has a trailing twelve months EPS of $2.3.
PE Ratio
National Bankshares has a trailing twelve months price to earnings ratio of 12.53. Meaning, the purchaser of the share is investing $12.53 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 9.86%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 24, 2024, the estimated forward annual dividend rate is 1.46 and the estimated forward annual dividend yield is 5.16%.
Moving Average
National Bankshares’s value is below its 50-day moving average of $29.31 and below its 200-day moving average of $29.36.
Yearly Top and Bottom Value
National Bankshares’s stock is valued at $28.83 at 20:23 EST, way under its 52-week high of $37.00 and way above its 52-week low of $22.28.
Revenue Growth
Year-on-year quarterly revenue growth declined by 20.5%, now sitting on 45.21M for the twelve trailing months.
4. Sinclair Broadcast Group (SBGI)
58.82% Payout Ratio
Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events. The company also owns and operates Tennis Channel, a cable network, which includes coverage of various tennis' top tournaments and original professional sports and tennis lifestyle shows; the Tennis Channel International streaming service; Tennis Magazine, the sport's print publication; and Tennis.com, an online tennis platform. Further, it owns and operates various networks carried on distribution platforms, including Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; Stadium, a professional sports highlights and college games network; STIRR, an ad-supported DTC streaming app; and NewsON, an ad-supported app that provides access to live or on-demand local news broadcasts, including non-Sinclair affiliate partners. Additionally, the company provides technical services to the broadcast industry; and owns various non-media related investments, such as private equity, mezzanine financing, and real estate investments. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
Earnings Per Share
As for profitability, Sinclair Broadcast Group has a trailing twelve months EPS of $-6.76.
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 -81.27%.
Moving Average
Sinclair Broadcast Group’s worth is way above its 50-day moving average of $13.10 and way higher than its 200-day moving average of $13.07.
Yearly Top and Bottom Value
Sinclair Broadcast Group’s stock is valued at $14.49 at 20:23 EST, way under its 52-week high of $17.59 and way higher than its 52-week low of $9.39.
Sales Growth
Sinclair Broadcast Group’s sales growth is 8.9% for the present quarter and 17.4% for the next.
5. Companhia Paranaense de Energia (ELP)
47.66% Payout Ratio
Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and trading of energy to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. The company operates through Power generation and transmission, Power distribution, Gas, and Power sale segments. It is also involved in the piped natural gas distribution. As of December 31, 2021, the company operated 20 hydroelectric plants, 30 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,957 megawatts; and owned and operated 3,638 km of transmission lines and 204,957 km of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
Earnings Per Share
As for profitability, Companhia Paranaense de Energia has a trailing twelve months EPS of $0.51.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 13.06. Meaning, the purchaser of the share is investing $13.06 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 8.77%.
Moving Average
Companhia Paranaense de Energia’s worth is under its 50-day moving average of $7.11 and way under its 200-day moving average of $8.15.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 21.63B for the twelve trailing months.
Yearly Top and Bottom Value
Companhia Paranaense de Energia’s stock is valued at $6.66 at 20:23 EST, way below its 52-week high of $10.64 and higher than its 52-week low of $6.52.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 2, 2024, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 4.53%.
6. BCB Bancorp (BCBP)
41.03% Payout Ratio
BCB Bancorp, Inc. operates as a bank holding company for BCB Community Bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts. It also provides loans, such as commercial and multi-family real estate, one-to-four family mortgage, commercial business, small business administration, construction, home equity and lines of credit, and consumer loans, as well as residential loans secured by one-to-four family dwellings, condominiums, and cooperative units. In addition, the company offers retail and commercial banking services comprising wire transfers, money orders, safe deposit boxes, night depository services, debit cards, online and mobile banking services, fraud detection services, and automated teller services. As of December 31, 2021, it operated 29 branch offices in Bayonne, Carteret, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lyndhurst, Maplewood, Monroe Township, Newark, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union, and Woodbridge, New Jersey, as well as three branches in Staten Island and Hicksville, New York. The company was founded in 2000 and is headquartered in Bayonne, New Jersey.
Earnings Per Share
As for profitability, BCB Bancorp has a trailing twelve months EPS of $1.56.
PE Ratio
BCB Bancorp has a trailing twelve months price to earnings ratio of 6.44. Meaning, the purchaser of the share is investing $6.44 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 8.82%.
Moving Average
BCB Bancorp’s worth is below its 50-day moving average of $10.08 and below its 200-day moving average of $10.95.
Volume
Today’s last reported volume for BCB Bancorp is 101676 which is 114.68% above its average volume of 47361.
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 ongoing quarter and 1% for the next.
