(VIANEWS) – AllianzGI Convertible & Income Fund (NCV), Brixmor Property Group (BRX), Allianceberstein Holding L.P. Units (AB) are the highest payout ratio stocks on this list.
We have gathered information about 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. AllianzGI Convertible & Income Fund (NCV)
462.78% Payout Ratio
Virtus Convertible & Income 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 Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities with a broad range of maturities, with a weighted average maturity ranging between five to ten years. The fund employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund. Virtus Convertible & Income Fund was formed on March 31, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, AllianzGI Convertible & Income Fund has a trailing twelve months EPS of $0.09.
PE Ratio
AllianzGI Convertible & Income Fund has a trailing twelve months price to earnings ratio of 38.22. Meaning, the purchaser of the share is investing $38.22 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 1.88%.
Moving Average
AllianzGI Convertible & Income Fund’s worth is higher than its 50-day moving average of $3.39 and higher than its 200-day moving average of $3.29.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 11, 2024, the estimated forward annual dividend rate is 0.41 and the estimated forward annual dividend yield is 12.48%.
Volume
Today’s last reported volume for AllianzGI Convertible & Income Fund is 140422 which is 74.48% below its average volume of 550337.
2. Brixmor Property Group (BRX)
111.08% Payout Ratio
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 395 retail centers comprise approximately 69 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to approximately 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.
Earnings Per Share
As for profitability, Brixmor Property Group has a trailing twelve months EPS of $0.97.
PE Ratio
Brixmor Property Group has a trailing twelve months price to earnings ratio of 28.01. Meaning, the purchaser of the share is investing $28.01 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 10.31%.
Sales Growth
Brixmor Property Group’s sales growth is 3.9% for the ongoing quarter and 3.1% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 2, 2024, the estimated forward annual dividend rate is 1.09 and the estimated forward annual dividend yield is 4%.
Previous days news about Brixmor Property Group (BRX)
- According to Zacks on Wednesday, 18 September, "Some better-ranked stocks from the retail REIT sector are Brixmor Property Group (BRX Quick QuoteBRX – Free Report) and Tanger, Inc. (SKT Quick QuoteSKT – Free Report) , each carrying a Zacks Rank #2 (Buy) at present. "
- According to Zacks on Thursday, 19 September, "Brixmor Property Group Inc. price-consensus-eps-surprise-chart | Brixmor Property Group Inc. Quote"
- According to Zacks on Thursday, 19 September, "Some better-ranked stocks from the retail REIT sector are Tanger Inc. (SKT Quick QuoteSKT – Free Report) and Brixmor Property Group (BRX Quick QuoteBRX – Free Report) , each currently carrying a Zacks Rank #2 (Buy) at present. "
- According to Zacks on Friday, 20 September, "Some better-ranked stocks from the retail REIT sector are Tanger Inc. (SKT Quick QuoteSKT – Free Report) and Brixmor Property Group (BRX Quick QuoteBRX – Free Report) , each currently carrying a Zacks Rank #2 (Buy) at present. "
3. Allianceberstein Holding L.P. Units (AB)
96.17% Payout Ratio
AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.
Earnings Per Share
As for profitability, Allianceberstein Holding L.P. Units has a trailing twelve months EPS of $2.87.
PE Ratio
Allianceberstein Holding L.P. Units has a trailing twelve months price to earnings ratio of 11.72. Meaning, the purchaser of the share is investing $11.72 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 15.84%.
Yearly Top and Bottom Value
Allianceberstein Holding L.P. Units’s stock is valued at $33.63 at 08:23 EST, below its 52-week high of $35.67 and way higher than its 52-week low of $25.83.
Volume
Today’s last reported volume for Allianceberstein Holding L.P. Units is 157922 which is 44.03% below its average volume of 282175.
4. Blackstone GSO Senior Floating Rate Term Fund (BSL)
69.37% Payout Ratio
Blackstone/GSO Senior Floating Rate Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in senior secured, floating rate loans that are issued by corporations, partnerships, and other business entities. It seeks to invest in securities that are rated below investment grade. The fund invests in securities across the maturity spectrum, while maintaining an average duration of less than one year. It employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Blackstone/GSO Senior Floating Rate Term Fund was formed on March 4, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackstone GSO Senior Floating Rate Term Fund has a trailing twelve months EPS of $1.83.
PE Ratio
Blackstone GSO Senior Floating Rate Term Fund has a trailing twelve months price to earnings ratio of 7.81. Meaning, the purchaser of the share is investing $7.81 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 14.43%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 23, 2024, the estimated forward annual dividend rate is 1.37 and the estimated forward annual dividend yield is 9.61%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.7%, now sitting on 26.6M for the twelve trailing months.
Moving Average
Blackstone GSO Senior Floating Rate Term Fund’s worth is above its 50-day moving average of $14.17 and higher than its 200-day moving average of $13.93.
5. TriCo Bancshares (TCBK)
37.06% Payout Ratio
TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services. It operates 66 traditional branches, 7 in-store branches, and 2 loan production offices in northern and central California. The company was incorporated in 1974 and is headquartered in Chico, California.
Earnings Per Share
As for profitability, TriCo Bancshares has a trailing twelve months EPS of $3.4.
PE Ratio
TriCo Bancshares has a trailing twelve months price to earnings ratio of 13.21. Meaning, the purchaser of the share is investing $13.21 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 10.01%.
Volume
Today’s last reported volume for TriCo Bancshares is 78761 which is 40.44% below its average volume of 132256.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 6, 2024, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 2.94%.
Sales Growth
TriCo Bancshares’s sales growth is negative 5.5% for the current quarter and 3.1% for the next.
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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
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).
