(VIANEWS) - PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL), Guggenheim Build America Bonds Managed Duration Trust (GBAB), CMS Energy (CMS) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. The payout ratio in itself isn't a promise 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. PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL)
218.81% Payout Ratio
PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years. It employs fundamental analysis with top-down approach to create its portfolio. The fund was formerly known as PIMCO Floating Rate Income Fund. PIMCO Income Strategy Fund was formed on June 19, 2003 and is domiciled in the United States.
Earnings per Share
PIMCO Income Strategy Fond Shares of Beneficial Intent has a trailing 12 month EPS of $0.47.
PE Ratio
PIMCO Income Strategy Fond Shares of Beneficial Intent has a trailing 12 months price-to-earnings ratio of 17.89. The purchaser of the shares is therefore investing $17.89 per dollar in annual earnings.
Volume
The current reported volume of PIMCO Income Strategy Fond Shares of Beneficial Intent is 77586. This is 17.29% lower than its usual volume of 93812.
Revenue growth
The year-on-year revenue growth fell by 5.9%. We now have 34.36M in the 12 trailing months.
Annual Top and Bottom Value
PIMCO Income Strategy Fond Shares of Beneficial Interest stock was valued at $8.41 as of 01:23 EST. This is way lower than its 52 week high of $11.42 but higher than its low 52-week of $7.73.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 9, 2022, the estimated forward annual dividend rate is 0.98 and the estimated forward annual dividend yield is 11.57%.
2. Guggenheim Build America Bonds Managed Duration Trust (GBAB)
90.89% Payout Ratio
Guggenheim Taxable Municipal Managed Duration Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of taxable municipal securities known as Build America Bonds. It was formerly known as Guggenheim Build America Bonds Managed Duration Trust. Guggenheim Taxable Municipal Managed Duration Trust was formed on October 26, 2010 and is domiciled in United States.
Volume
Today's last reported volume for Guggenheim Build America Bonds Managed Duration Trust is 13545 which is 77.32% below its average volume of 59737.
3. CMS Energy (CMS)
65.61% Payout Ratio
CMS Energy Corporation is an energy company that operates mainly in Michigan. It operates in three main segments, Electric Utility, Gas Utility and Enterprises. Electric Utility is responsible for the purchase, transmission and distribution of electricity. The Electric Utility segment produces electricity from coal, wind and gas as well as renewable, nuclear, and oil energy. The distribution network includes 208 miles high-voltage distribution overhead and underground lines, 4 miles high-voltage underground lines, 4,428 miles high-voltage distributor overhead lines, 19 miles high-voltage underground lines, 82.474 miles electric distribution overhead line; 9,395 mile underground distribution lines; 1,093 Substations; 3 battery facilities. Gas Utility is involved in the transmission, storage and distribution of natural gas. It includes 2392 miles worth of transmission lines, 15 gas storage fields, 28065 miles distribution mains, 8 compressor stations, and 2,392 miles total of underground distribution lines. The Enterprises segment deals with independent power production, marketing and development of renewable energy. The company serves approximately 1.9 million customers in electric and gas, as well as commercial and industrial customers. It was founded in 1987, and its headquarters are located in Jackson in Michigan.
Earnings Per Share
As for profitability, CMS Energy has a trailing twelve months EPS of $3.01.
PE Ratio
CMS Energy has a trailing twelve months price to earnings ratio of 19.44. Meaning, the purchaser of the share is investing $19.44 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 10.84%.Volume
Today's last reported volume for CMS Energy is 1092410 which is 46.88% below its average volume of 2056810.
Sales Growth
CMS Energy is experiencing a negative 6.4% sales growth in the next quarter.
4. New York Community Bancorp (NYCB)
53.97% Payout Ratio
New York Community Bancorp, Inc. is a bank holding firm for New York Community Bank. It provides services and products in Metro New York, New Jersey, Ohio, Florida, Arizona, and New Jersey. The company offers various deposit products, including interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit. The company also offers multi-family loans, commercial real estate loans, specialty finance loans, leases and loans, as well as other commercial and industrial loans, acquisition, development and construction loans, one-to four family loans, and consumer loans. The company also offers mutual funds, annuities and life- and long-term insurance products. It also provides cash management products and online, mobile and telephone banking services. Through a network that includes 238 branches of community banks and 348 ATMs, it serves individuals and small- and medium-sized businesses as well as professional associations. The original name of the company was Queens County Bancorp, Inc., but it changed its name in November 2000 to New York Community Bancorp, Inc. New York Community Bancorp, Inc. is located in Westbury, New York.
Earnings per Share
New York Community Bancorp's trailing twelve-month EPS is $1.26.
PE Ratio
New York Community Bancorp's trailing 12-month price-to-earnings ratio is 7.06. The purchaser of the shares is therefore investing $7.06 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 9.16%.Yearly Top and Bottom Value
New York Community Bancorp's stock is valued at $8.89 at 01:23 EST, way below its 52-week high of $13.57 and above its 52-week low of $8.17.
Volume
Today's last reported volume for New York Community Bancorp is 20164300 which is 131.19% above its average volume of 8721940.
5. Comp Energetica de Minas Gerais (CIG)
53.92% Payout Ratio
Through its subsidiaries, Companhia EnergA (c)tica de Minas Gerais engages in generation, transmission and distribution of energy in Brazil. The company had 89 installed hydroelectric, wind and solar plants, with a capacity of 6,000MW. It also owned 339,086 miles worth of distribution lines. As of January 27, 2020, 4,374 miles were still in operation. The company is involved in the transportation and acquisition of natural gas, as well as its derivatives, provision of IT infrastructure and IT management services and cloud solutions; provision and management of public concessions and sale and trade of energy; provision telecommunications services and distributed generation. It was founded in 1952 in Belo Horizonte in Brazil.
Earnings per Share
Comp Energetica de Minas Gerais' trailing twelve-month EPS is $0.347.
PE Ratio
Comp Energetica de Minas Gerais' trailing 12-month price-to-earnings ratio is 6.44. The purchaser of the shares is therefore investing $6.44 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability of a company relative to shareholders' equity, was 24.82%.Moving Average
Comp Energetica de Minas Gerais is currently at $2.23 per day, which is lower than its 50-day average value of $2.23. It also remains below the $2.45 daily moving average for 200 days.Revenue growth
The year-over-year revenue growth was 10.4%. We now have 34.38B in the 12 trailing months.
Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on Jun 26, 2022. The forward dividend rate for the year is 0.26, and the forward dividend yield is 11.67%.
Yearly Top and Bottom Value
Comp Energetica de Minas Gerais's stock is valued at $2.23 at 01:23 EST, way below its 52-week high of $3.39 and way higher than its 52-week low of $1.87.
6. Comcast Corporation (CMCSA)
33.88% Payout Ratio
Comcast Corporation is a global media and technology company. The company operates via the Cable Communications, Media, Studios, Theme Parks, Sky, and Media segments. Cable Communications offers broadband, voice and wireless services for residential and commercial customers. It also provides advertising services. Media is responsible for NBCUniversal’s TV and streaming platforms. This includes national, regional and international cable networks as well as Telemundo and NBC broadcasts, as well the Peacock and Peacock network. The Studios segment manages NBCUniversal’s television and film studio production and distribution. The Theme Parks section operates Universal's theme parks in Orlando and Osaka Japan, Beijing, China, Hollywood, California, Hollywood, California, Hollywood, California, Hollywood, California, Hollywood, California, Hollywood, California, Hollywood, California, Hollywood, California, Osaka Japan, Tokyo, Japan, and Hollywood, California. Sky offers direct-to consumer services such as voice, video, broadband and voice services. The content business also operates entertainment networks, Sky News, Sky Sports, and Sky News broadcast networks. It also owns Philadelphia Flyers and the Wells Fargo Center in Philadelphia, Pennsylvania. The company offers streaming services, like Peacock. Comcast Corporation was established in Philadelphia in 1963.
Earnings Per Share
As for profitability, Comcast Corporation has a trailing twelve months EPS of $2.53.
PE Ratio
Comcast Corporation has a trailing twelve months price to earnings ratio of 13.45. Meaning, the purchaser of the share is investing $13.45 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 14.34%.Annual Top and Bottom Value
Comcast Corporation stock was valued at $34.02 as of 01:23 EST. This is way lower than the 52-week high at $54.59, and much higher than the 52-week low at $28.39.
Volume
Comcast Corporation's current reported volume is 18596700, 33% lower than its average volume (27759200).
Revenue growth
The year-on-year revenue growth was 5.1%. It now stands at 121.66B in the 12 trailing months.