(VIANEWS) – Gabelli Convertible and Income Securities Fund (GCV), Nuveen Global High Income Fund (JGH), AECOM (ACM) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up to now. 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 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. Gabelli Convertible and Income Securities Fund (GCV)
441.67% Payout Ratio
The Gabelli Convertible and Income Securities Fund Inc. is a closed-ended balanced mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity and fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in convertible securities and other debt and equity securities. The fund benchmarks the performance of its portfolio against the Standard & Poor's 500 Index, Barclays Government/Credit Bond Index, and Lipper Convertible Securities Fund Average. It was formerly known as Gabelli Convertible Securities Fund Inc. The Gabelli Convertible and Income Securities Fund Inc. was formed on December 19, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Gabelli Convertible and Income Securities Fund has a trailing twelve months EPS of $-1.68.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -12.26%.
Moving Average
Gabelli Convertible and Income Securities Fund’s worth is below its 50-day moving average of $3.63 and way below its 200-day moving average of $4.25.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 13.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 96.4%, now sitting on 2.62M for the twelve trailing months.
Yearly Top and Bottom Value
Gabelli Convertible and Income Securities Fund’s stock is valued at $3.48 at 16:23 EST, way below its 52-week high of $5.49 and way above its 52-week low of $3.15.
2. Nuveen Global High Income Fund (JGH)
94.12% Payout Ratio
Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S. high-yield bonds from developed and emerging markets, corporate debt securities, U.S. and foreign government debt securities, mortgage and asset-backed securities, preferred securities, secured and unsecured loans, and convertible debt securities. It seeks to invest in below investment grade securities rated BB/Ba or lower. The fund uses a diversified global high-income strategy, which blends high-yield bonds and other income producing securities from around the world, and across the capital structure and credit spectrum, to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Global High Yield Index. Nuveen Global High Income Fund was formed on August 5, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Global High Income Fund has a trailing twelve months EPS of $1.37.
PE Ratio
Nuveen Global High Income Fund has a trailing twelve months price to earnings ratio of 8.19. Meaning, the purchaser of the share is investing $8.19 for every dollar of annual earnings.
Moving Average
Nuveen Global High Income Fund’s value is higher than its 50-day moving average of $11.09 and below its 200-day moving average of $11.27.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 11, 2023, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 11.93%.
Volume
Today’s last reported volume for Nuveen Global High Income Fund is 46141 which is 20.04% below its average volume of 57707.
Yearly Top and Bottom Value
Nuveen Global High Income Fund’s stock is valued at $11.22 at 16:23 EST, way below its 52-week high of $12.70 and higher than its 52-week low of $10.36.
3. AECOM (ACM)
88.89% Payout Ratio
AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment offers planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, including the transportation, facilities, environmental, energy, and water markets. The CS segment provides building construction and energy, as well as infrastructure and industrial construction services. The MS segment offers program and facilities management and maintenance, training, logistics, consulting, technical assistance, and systems integration and information technology services primarily for agencies of the United States government and other national governments. The ACAP segment invests in and develops real estate projects. The company was formerly known as AECOM Technology Corporation and changed its name to AECOM in January 2015. AECOM was founded in 1980 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, AECOM has a trailing twelve months EPS of $0.81.
PE Ratio
AECOM has a trailing twelve months price to earnings ratio of 109.7. Meaning, the purchaser of the share is investing $109.7 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 6.31%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 9.3% and 16.3%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AECOM’s EBITDA is 0.93.
Moving Average
AECOM’s value is higher than its 50-day moving average of $81.71 and above its 200-day moving average of $83.85.
4. MFS High Income Municipal Trust (CXE)
60.38% Payout Ratio
MFS High Income Municipal 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. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS High Income Municipal Trust has a trailing twelve months EPS of $-0.29.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -6.75%.
Yearly Top and Bottom Value
MFS High Income Municipal Trust’s stock is valued at $3.22 at 16:23 EST, way below its 52-week high of $3.81 and above its 52-week low of $2.95.
5. Cognex Corporation (CGNX)
30.77% Payout Ratio
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.
Earnings Per Share
As for profitability, Cognex Corporation has a trailing twelve months EPS of $0.91.
PE Ratio
Cognex Corporation has a trailing twelve months price to earnings ratio of 40.59. Meaning, the purchaser of the share is investing $40.59 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 10.93%.
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).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
