(VIANEWS) – Western Asset Mortgage Defined Opportunity Fund (DMO), Grindrod Shipping Holdings Ltd. (GRIN), AECOM (ACM) 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 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. Western Asset Mortgage Defined Opportunity Fund (DMO)
105.79% Payout Ratio
Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Mortgage Defined Opportunity Fund has a trailing twelve months EPS of $1.21.
PE Ratio
Western Asset Mortgage Defined Opportunity Fund has a trailing twelve months price to earnings ratio of 10.04. Meaning, the purchaser of the share is investing $10.04 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 10.02%.
Volume
Today’s last reported volume for Western Asset Mortgage Defined Opportunity Fund is 43336 which is 16.63% below its average volume of 51982.
2. Grindrod Shipping Holdings Ltd. (GRIN)
94.74% Payout Ratio
Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 23 owned dry bulk carriers and 8 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates a fleet of four owned tankers, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore.
Earnings Per Share
As for profitability, Grindrod Shipping Holdings Ltd. has a trailing twelve months EPS of $-0.49.
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 -3.61%.
Yearly Top and Bottom Value
Grindrod Shipping Holdings Ltd.’s stock is valued at $14.14 at 20:23 EST, under its 52-week high of $14.90 and way higher than its 52-week low of $7.35.
Sales Growth
Grindrod Shipping Holdings Ltd.’s sales growth for the current quarter is 8.6%.
3. AECOM (ACM)
66.67% Payout Ratio
AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment offers planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, including the transportation, facilities, environmental, energy, and water markets. The CS segment provides building construction and energy, as well as infrastructure and industrial construction services. The MS segment offers program and facilities management and maintenance, training, logistics, consulting, technical assistance, and systems integration and information technology services primarily for agencies of the United States government and other national governments. The ACAP segment invests in and develops real estate projects. The company was formerly known as AECOM Technology Corporation and changed its name to AECOM in January 2015. AECOM was founded in 1980 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, AECOM has a trailing twelve months EPS of $0.87.
PE Ratio
AECOM has a trailing twelve months price to earnings ratio of 99.59. Meaning, the purchaser of the share is investing $99.59 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 6.6%.
4. Trinity Industries (TRN)
63.47% Payout Ratio
Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2023, it had a fleet of 109,295 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. The company was incorporated in 1933 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Trinity Industries has a trailing twelve months EPS of $1.67.
PE Ratio
Trinity Industries has a trailing twelve months price to earnings ratio of 19.54. Meaning, the purchaser of the share is investing $19.54 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 12.2%.
Sales Growth
Trinity Industries’s sales growth is 19.3% for the present quarter and negative 5% for the next.
5. Heartland Express (HTLD)
42.11% Payout Ratio
Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium, and long haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services. The company offers its services under the Heartland Express and Millis Transfer brand names. It primarily serves retailers and manufacturers in consumer goods, appliances, food products, and automotive industries. Heartland Express, Inc. was founded in 1978 and is headquartered in North Liberty, Iowa.
Earnings Per Share
As for profitability, Heartland Express has a trailing twelve months EPS of $-0.31.
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 -2.83%.
Moving Average
Heartland Express’s worth is way above its 50-day moving average of $11.92 and higher than its 200-day moving average of $12.45.
Yearly Top and Bottom Value
Heartland Express’s stock is valued at $13.18 at 20:23 EST, way below its 52-week high of $16.84 and way higher than its 52-week low of $9.63.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Dividend Yield
As claimed by 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%.
