(VIANEWS) – John Hancock (HPI), Western Asset Managed Municipals Fund (MMU), Babson Capital Corporate Investors (MCI) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio at the moment. 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 issue 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. John Hancock (HPI)
4940% Payout Ratio
John Hancock Preferred Income Fund is a closed ended balanced mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund was formed on August 27, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock has a trailing twelve months EPS of $0.03.
PE Ratio
John Hancock has a trailing twelve months price to earnings ratio of 631.67. Meaning, the purchaser of the share is investing $631.67 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 0.21%.
Yearly Top and Bottom Value
John Hancock’s stock is valued at $18.95 at 20:23 EST, below its 52-week high of $19.03 and way higher than its 52-week low of $12.85.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2024, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 7.82%.
Volume
Today’s last reported volume for John Hancock is 137864 which is 186.34% above its average volume of 48146.
2. 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 28.74. Meaning, the purchaser of the share is investing $28.74 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%.
Yearly Top and Bottom Value
Western Asset Managed Municipals Fund’s stock is valued at $10.92 at 20:23 EST, under its 52-week high of $11.00 and way above its 52-week low of $8.60.
Moving Average
Western Asset Managed Municipals Fund’s worth is above its 50-day moving average of $10.73 and higher than its 200-day moving average of $10.31.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 24, 2024, the estimated forward annual dividend rate is 0.65 and the estimated forward annual dividend yield is 5.99%.
3. Babson Capital Corporate Investors (MCI)
84.18% Payout Ratio
Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations. The fund also invests in marketable investment grade debt securities, other marketable debt securities, and marketable common stocks. It was formerly known as Babson Capital Corporate Investors. Babson Capital Corporate Investors trust was formed in 1971 and is domiciled in the United States.
Earnings Per Share
As for profitability, Babson Capital Corporate Investors has a trailing twelve months EPS of $1.77.
PE Ratio
Babson Capital Corporate Investors has a trailing twelve months price to earnings ratio of 11.23. Meaning, the purchaser of the share is investing $11.23 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 10.38%.
Volume
Today’s last reported volume for Babson Capital Corporate Investors is 23781 which is 15.52% below its average volume of 28152.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7%, now sitting on 41.59M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 26, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 8.03%.
Yearly Top and Bottom Value
Babson Capital Corporate Investors’s stock is valued at $19.88 at 20:23 EST, under its 52-week high of $19.97 and way above its 52-week low of $15.25.
4. Scotts Miracle (SMG)
36.26% Payout Ratio
The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Shake ‘N Feed, Hyponex, Earthgro, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, General Hydroponics, Cyco, Gavita, Agrolux, HydroLogic Purification System, Gro Pro, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.
Earnings Per Share
As for profitability, Scotts Miracle has a trailing twelve months EPS of $-4.72.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 23, 2024, the estimated forward annual dividend rate is 2.64 and the estimated forward annual dividend yield is 3.03%.
5. Entegris (ENTG)
33.06% Payout Ratio
Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH). The MC segment solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries; integrated circuit chemical mechanical polishing solutions, high-performance etch and clean chemistries, gases and materials, and safe and materials delivery systems. The MS segment provides materials-based solutions, such as chemical mechanical planarization slurries, pads, deposition materials, process chemistries and gases, formulated cleans, etchants, and other specialty materials. The Advanced Materials Handling segment develops solutions for customers' yields by protecting critical materials during manufacturing, transportation, and storage, which include monitor, protect, transport and deliver critical liquid chemistries, wafers, and other substrates for semiconductor, life sciences and other high-technology industries. The company's customers include logic and memory semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, and wafer grower companies; and flat panel display equipment makers, panel manufacturers, and manufacturers of hard disk drive components and devices, as well as their related ecosystems. It serves manufacturers and suppliers in the solar and life science industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices. Entegris, Inc. was founded in 1966 and is headquartered in Billerica, Massachusetts.
Earnings Per Share
As for profitability, Entegris has a trailing twelve months EPS of $1.21.
PE Ratio
Entegris has a trailing twelve months price to earnings ratio of 92.26. Meaning, the purchaser of the share is investing $92.26 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 5.37%.
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).
