(VIANEWS) - First Trust Specialty Finance and Financial Opportunities Fund (FGB), Macquarie/First Trust Global (MFD), Juniper Networks (JNPR) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio up to now. The payout ratio in itself isn't a guarantee of good investment but it's an indicator of whether dividends are being paid and how the company chooses to distribute 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. First Trust Specialty Finance and Financial Opportunities Fund (FGB)
471.43% Payout Ratio
First Trust Specialty Finance and Financial Opportunities Fund are closed-end equity mutual funds that were launched and managed in partnership by First Trust Advisors L.P. Confluence Investment Management LLC co-manages it. It invests in American public equity markets. The fund invests in stocks of financial companies that operate in specialty finance, and other areas. It invests primarily in companies that have value stock, but also in REITs and Business Development Companies. To create its portfolio, it uses fundamental analysis. It compares its portfolio's performance to a benchmark that includes 70% Wells Fargo BDC Index and 20% FTSE NAREIT Mortgage REIT Index. The 10% S&P SmallCap Financials Index is used as a benchmark. The fund was previously known as First Trust/Gallatin Specialty Finance, and Financial Opportunities Fund. First Trust Specialty Finance and Financial Opportunities Fund were established on March 20, 2007, and are based in the United States.
Earnings Per Share
As for profitability, First Trust Specialty Finance and Financial Opportunities Fund has a trailing twelve months EPS of $0.07.
PE Ratio
First Trust Specialty Finance and Financial Opportunities Fund has a trailing twelve months price to earnings ratio of 40.57. Meaning, the purchaser of the share is investing $40.57 for every dollar of annual earnings.
Yearly Top and Bottom Value
First Trust Specialty Finance and Financial Opportunities Fund's stock is valued at $2.84 at 08:23 EST, way below its 52-week high of $4.32 and higher than its 52-week low of $2.73.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 21, 2022, the estimated forward annual dividend rate is 0.33 and the estimated forward annual dividend yield is 11.62%.
2. Macquarie/First Trust Global (MFD)
74.77% Payout Ratio
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is managed by Macquarie Capital Investment Management, LLC, and Four Corners Capital Management, LLC. It invests in equity markets around the world. The fund invests in companies in the utilities and infrastructure sectors. It invests mainly in dividend-paying companies. The fund benchmarks its portfolio performance against the S&P 500 Utilities Total Return Index. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund was formed on March 25, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Macquarie/First Trust Global has a trailing twelve months EPS of $1.07.
PE Ratio
Macquarie/First Trust Global has a trailing twelve months price to earnings ratio of 7.37. Meaning, the purchaser of the share is investing $7.37 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 10.07%.Revenue Growth
Year-on-year quarterly revenue growth declined by 19.9%, now sitting on 7.24M for the twelve trailing months.
3. Juniper Networks (JNPR)
69.49% Payout Ratio
Juniper Networks, Inc. develops, sells, and markets network products and services around the world. It offers routing products such as ACX Series universal access routers for high-bandwidth service deployment; MX Series Ethernet routers that act as a universal edge plate; PTX Series packet transport routers; customer premises equipment; as well as NorthStar controllers. The company also offers switching products such as EX series Ethernet switches that address access, aggregation and core layer switching needs of micro branches, branch offices, and campus environments. QFX Series core, spine and top-of rack data center switches. Mist access points provide wireless access with high performance and reliability. The company also offers security products, including SRX services gateways to the data center. Branch SRX families provide an integrated firewall, next-generation firewall, and virtual firewall. Advanced malware protection is available via a cloud-based service, and Juniper ATP. It also offers Junos OS (a network operating system); Contrail networking platform and cloud platform that provides an open-source, standards-based platform to support SDN and V; Contrail Insights which is an optimization and management platform for hybrid, public and private clouds; Marvis Actions; an AI-driven Virtual Network Assistant which automatically resolves problems across information technology domains. The company also offers technical support and maintenance as well as educational and training programs. The company sells products directly, through distributors and value-added resellers. Original equipment manufacturers are partners with end-users in cloud, enterprise, and service provider markets. Sunnyvale is the headquarters of this company, which was established in 1996.
Earnings Per Share
As for profitability, Juniper Networks has a trailing twelve months EPS of $0.62.
PE Ratio
Juniper Networks has a trailing twelve months price to earnings ratio of 43.13. Meaning, the purchaser of the share is investing $43.13 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 9.1%.Moving Average
Juniper Networks's worth is under its 50-day moving average of $27.81 and way below its 200-day moving average of $31.10.Earnings Before Interest, Taxes, Depreciation, and Amortization
Juniper Networks's EBITDA is 44.87.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 30, 2022, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 3.16%.
4. Chevron (CVX)
51.13% Payout Ratio
Through its subsidiaries, Chevron Corporation engages in global integrated energy- and chemical operations. There are two main segments to the company: Upstream and Downstream. The company's Upstream segment deals with the production, exploration, transport, and processing of crude oil and natural gases; as well as transportation and storage of natural gas. Refinery of crude oil is done by the Downstream segment. It also markets crude oil, refined products and lubricants. Transporting crude oil and refined products via pipelines, rail cars, motor vehicles, equipment and rail cars; as well as manufacturing and marketing commodity petrochemicals and plastics for industrial use and fuel additives. The company is involved in cash management, debt financing, insurance operations and real estate. The former name of the company was ChevronTexaco Corporation. In 2005, Chevron Corporation took over its operations. Chevron Corporation was established in San Ramon in California in 1879.
Earnings Per Share
As for profitability, Chevron has a trailing twelve months EPS of $-4.12.