(VIANEWS) - Invesco Pennsylvania Value Municipal Income Trust (VPV), Terreno Realty Corporation (TRNO), PIMCO Municipal Income Fund III (PMX) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up to 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 distribute them.
When investigating 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. Invesco Pennsylvania Value Municipal Income Trust (VPV)
497% Payout Ratio
Invesco Pennsylvania Value Municipal Income Trust, a closed-ended mutual fund that provides fixed income, was launched in 2012 by Invesco Ltd. Invesco Advisers, Inc., INVESCO Asset Management Japan Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management Canada Ltd., Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc. manage the fund. The fund invests in fixed income markets across the United States. It invests primarily in Pennsylvania's investment-grade municipal securities, which includes municipal bonds, municipal commercial papers, and lease obligations. To create its portfolio, it combines fundamental analysis and a bottom-up security selection process. Formerly known as Invesco van Kampen Pennsylvania Value municipal income trust, the fund is now called Invesco Van kampen Pennsylvania value municipal income trust. Invesco Pennsylvania Value Municipal Income Trust, which was established April 30, 1993, is based in the United States.
Earnings Per Share
As for profitability, Invesco Pennsylvania Value Municipal Income Trust has a trailing twelve months EPS of $0.33.
PE Ratio
Invesco Pennsylvania Value Municipal Income Trust has a trailing twelve months price to earnings ratio of 28.94. Meaning, the purchaser of the share is investing $28.94 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 0.8%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 13, 2022, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 5.07%.
2. Terreno Realty Corporation (TRNO)
104.8% Payout Ratio
Terreno Realty Corporation, together with its subsidiaries, is the A "CompanyA" that acquires, owns, and operates industrial real property in six key coastal U.S. cities: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, Washington, D.C. The Company had 219 buildings totaling about 13.1 Million Square Feet, 22 improved land parcels of around 85.0 Acres, and one property in a redevelopment process that will contain an estimated 0.2 Mio. square feet. As a Maryland corporation, the Company has elected to tax itself as an investment trust in real estate (A'REITA) under Sections 856-860 of The Internal Revenue Code of 1986 (the "CodeA") starting with December 31, 2010.
Earnings Per Share
As for profitability, Terreno Realty Corporation has a trailing twelve months EPS of $1.16.
PE Ratio
Terreno Realty Corporation has a trailing twelve months price to earnings ratio of 46.61. Meaning, the purchaser of the share is investing $46.61 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 4.92%.Revenue Growth
Year-on-year quarterly revenue growth grew by 26.3%, now sitting on 235.27M for the twelve trailing months.
Volume
Today's last reported volume for Terreno Realty Corporation is 446876 which is 0.43% below its average volume of 448835.
3. PIMCO Municipal Income Fund III (PMX)
92% Payout Ratio
Pacific Investment Management Company LLC launched the PIMCO Municipal Income fund III, a closed-end fixed income mutual fund. This fund is designed to invest in the fixed income markets within the United States. The fund seeks investments in stocks from companies that operate across diverse sectors. It invests primarily in municipal bonds, which pay interest exempted from federal income taxes. PIMCO Municipal income Fund III was established on October 31, 2002. It is based in the United States.
Earnings Per Share
As for profitability, PIMCO Municipal Income Fund III has a trailing twelve months EPS of $0.59.
PE Ratio
PIMCO Municipal Income Fund III has a trailing twelve months price to earnings ratio of 13.66. Meaning, the purchaser of the share is investing $13.66 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 3.77%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 7, 2022, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 5.64%.
Moving Average
PIMCO Municipal Income Fund III's worth is way under its 50-day moving average of $8.93 and way below its 200-day moving average of $9.86.4. BP Prudhoe Bay Royalty Trust (BPT)
86.51% Payout Ratio
The United States operates BP Prudhoe Bay Royalty Trust as a grantor trust. Prudhoe Bay is located on Alaska's North Slope. The company has an overriding royalty right. Prudhoe Bay is approximately 12 by 27 miles in size and has approximately 150,000 acres of gross production. BP Prudhoe Bay Royalty Trust, which was established in 1989 is based out of Houston, Texas.
Earnings Per Share
As for profitability, BP Prudhoe Bay Royalty Trust has a trailing twelve months EPS of $2.04.
PE Ratio
BP Prudhoe Bay Royalty Trust has a trailing twelve months price to earnings ratio of 6.66. Meaning, the purchaser of the share is investing $6.66 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 1835.06%.Earnings Before Interest, Taxes, Depreciation, and Amortization
BP Prudhoe Bay Royalty Trust's EBITDA is 18.56.
Volume
Today's last reported volume for BP Prudhoe Bay Royalty Trust is 615040 which is 18.33% above its average volume of 519753.
5. Mid (MAA)
83.01% Payout Ratio
MAA is an S&P 500 Company. It's a real-estate investment trust (or REIT) that focuses on delivering superior performance and full-cycle returns for its shareholders. This includes the management, ownership, acquisition, development, and redevelopment quality apartments communities throughout the United States. MAA owned 102,772 apartments units as of December 31, 2020. This includes communities that are currently under development across 16 US states and DC.
Earnings Per Share
As for profitability, Mid has a trailing twelve months EPS of $2.29.
PE Ratio
Mid has a trailing twelve months price to earnings ratio of 65.25. Meaning, the purchaser of the share is investing $65.25 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 9.9%.Yearly Top and Bottom Value
Mid's stock is valued at $149.15 at 08:23 EST, way below its 52-week high of $231.63 and above its 52-week low of $141.13.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.3%, now sitting on 1.89B for the twelve trailing months.
Growth Estimates Quarters
The company's growth estimates for the current quarter is 39.7% and a drop 29.4% for the next.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 13, 2022, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 2.69%.
6. International Paper Company (IP)
59.01% Payout Ratio
International Paper Company is a leading packaging company in the Americas, including the United States, Middle East, Europe and Africa. The company operates in two main segments, Industrial Packaging and Global Cellulose Fibers. Industrial Packaging produces containerboards. This includes linerboard, medium and whitetop as well as recycled linerboards and recycled medium. Global Cellulose Fibers provides fluff and market pulps for absorbent products such as diapers, feminine care and adult incontinence products. The company sells directly to converters and end users, but also through paper distributors, agents, resellers and representatives. It was established in Memphis, Tennessee in 1898.
Earnings Per Share
As for profitability, International Paper Company has a trailing twelve months EPS of $2.45.
PE Ratio
International Paper Company has a trailing twelve months price to earnings ratio of 13.47. Meaning, the purchaser of the share is investing $13.47 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 16.3%.Yearly Top and Bottom Value
International Paper Company's stock is valued at $33.04 at 08:23 EST, way below its 52-week high of $53.96 and higher than its 52-week low of $30.69.
Sales Growth
International Paper Company's sales growth is negative 5.3% for the ongoing quarter and 9.4% for the next.