(VIANEWS) – Western Asset Managed Municipals Fund (MMU), Calamos Convertible and High Income Fund (CHY), Farmers National Banc Corp. (FMNB) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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 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. Western Asset Managed Municipals Fund (MMU)
138.16% Payout Ratio
Western Asset Managed Municipals 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 by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax. It invests primarily in investment grade municipal securities. The fund employs intensive proprietary research to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Municipal Bond Index. The fund was formerly known as Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc. was formed on June 26, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Managed Municipals Fund has a trailing twelve months EPS of $0.38.
PE Ratio
Western Asset Managed Municipals Fund has a trailing twelve months price to earnings ratio of 28.24. Meaning, the purchaser of the share is investing $28.24 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 4.64%.
2. Calamos Convertible and High Income Fund (CHY)
118.81% Payout Ratio
Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative analysis to create its portfolio. Calamos Convertible and High Income Fund was formed on March 12, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Calamos Convertible and High Income Fund has a trailing twelve months EPS of $1.01.
PE Ratio
Calamos Convertible and High Income Fund has a trailing twelve months price to earnings ratio of 11.2. Meaning, the purchaser of the share is investing $11.2 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 9.61%.
Volume
Today’s last reported volume for Calamos Convertible and High Income Fund is 116972 which is 26.21% below its average volume of 158529.
Revenue Growth
Year-on-year quarterly revenue growth declined by 52.8%, now sitting on 18.84M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 9, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 10.65%.
3. Farmers National Banc Corp. (FMNB)
50.37% Payout Ratio
Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. It operates through 47 locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is based in Canfield, Ohio.
Earnings Per Share
As for profitability, Farmers National Banc Corp. has a trailing twelve months EPS of $1.35.
PE Ratio
Farmers National Banc Corp. has a trailing twelve months price to earnings ratio of 11.9. Meaning, the purchaser of the share is investing $11.9 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 13.33%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 4.23%.
Volume
Today’s last reported volume for Farmers National Banc Corp. is 127947 which is 33.51% above its average volume of 95830.
Yearly Top and Bottom Value
Farmers National Banc Corp.’s stock is valued at $16.06 at 14:23 EST, under its 52-week high of $16.32 and way higher than its 52-week low of $10.38.
4. Univest Financial Corporation (UVSP)
34.57% 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 $2.43.
PE Ratio
Univest Financial Corporation has a trailing twelve months price to earnings ratio of 11.64. Meaning, the purchaser of the share is investing $11.64 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 8.64%.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
