(VIANEWS) – MFS Government Markets Income Trust (MGF), Cogent Communications Holdings (CCOI), Northern Technologies International Corporation (NTIC) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio as yet. 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 researching 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. MFS Government Markets Income Trust (MGF)
1243.35% Payout Ratio
MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S. government agencies, international sovereigns, U.S. treasuries, cash and other net assets, emerging markets debt, high grade corporates, and residential mortgage backed securities. It benchmarks the performance of its portfolio against the Barclays U.S. Government/Mortgage Bond Index. MFS Government Markets Income Trust was formed in May 28, 1987 and is domiciled in the United States.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.32%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 13, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 7.47%.
Yearly Top and Bottom Value
MFS Government Markets Income Trust’s stock is valued at $3.20 at 02:23 EST, under its 52-week high of $3.26 and higher than its 52-week low of $2.91.
Moving Average
MFS Government Markets Income Trust’s worth is higher than its 50-day moving average of $3.13 and above its 200-day moving average of $3.13.
2. Cogent Communications Holdings (CCOI)
498.7% Payout Ratio
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
Earnings Per Share
As for profitability, Cogent Communications Holdings has a trailing twelve months EPS of $0.77.
PE Ratio
Cogent Communications Holdings has a trailing twelve months price to earnings ratio of 89.51. Meaning, the purchaser of the share is investing $89.51 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 9.59%.
Volume
Today’s last reported volume for Cogent Communications Holdings is 116482 which is 77.72% below its average volume of 522980.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 22, 2024, the estimated forward annual dividend rate is 3.94 and the estimated forward annual dividend yield is 5.61%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 7.5% and a drop 125.7% for the next.
3. Northern Technologies International Corporation (NTIC)
60.87% Payout Ratio
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of biobased and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. The company sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors and agents, manufacturer's sales representatives, strategic partners, and joint venture. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota.
Earnings Per Share
As for profitability, Northern Technologies International Corporation has a trailing twelve months EPS of $0.46.
PE Ratio
Northern Technologies International Corporation has a trailing twelve months price to earnings ratio of 28.57. Meaning, the purchaser of the share is investing $28.57 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 8.41%.
4. Vishay Intertechnology (VSH)
32.52% Payout Ratio
Vishay Intertechnology, Inc. manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates in six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors. The MOSFETs segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage Super Junction MOSFETs, power integrated circuits, and integrated function power devices. The Diodes segment provides rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers, and power modules. The Optoelectronic Components segment contains standard and customer specific optoelectronic components, such as infrared (IR) emitters and detectors, IR remote control receivers, optocouplers, solid-state relays, optical sensors, light-emitting diodes, 7-segment displays, and IR data transceiver modules. The Resistors segment offers resistors, which are basic components used in various forms of electronic circuitry to adjust and regulate levels of voltage and current. The Inductors segment provides inductors for use as an internal magnetic field to change alternating current phase and resist alternating current. The Capacitors segment offers capacitors, which store energy and discharge it when needed. The company sells its products under Siliconix, Dale, Draloric, Beyschlag, Sfernice, MCB, UltraSource, Applied Thin-Film Products, IHLP, HiRel Systems, Sprague, Vitramon, Barry, Roederstein, ESTA, and BCcomponents brand names. It serves industrial, automotive, telecommunications, computing, consumer products, power supplies, military and aerospace, and medical end markets. The company was incorporated in 1962 and is headquartered in Malvern, Pennsylvania.
Earnings Per Share
As for profitability, Vishay Intertechnology has a trailing twelve months EPS of $1.23.
PE Ratio
Vishay Intertechnology has a trailing twelve months price to earnings ratio of 16.09. Meaning, the purchaser of the share is investing $16.09 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 7.88%.
Yearly Top and Bottom Value
Vishay Intertechnology’s stock is valued at $19.79 at 02:23 EST, way under its 52-week high of $27.78 and above its 52-week low of $19.54.
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%.
