(VIANEWS) – Ares Commercial Real Estate Corporation (ACRE), Western Asset Municipal High Income Fund (MHF), News Corporation (NWSA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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. Ares Commercial Real Estate Corporation (ACRE)
2266.67% Payout Ratio
Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt products, real estate preferred equity investments, mezzanine loans, and other CRE investments, including commercial mortgage backed securities. Ares Commercial Real Estate Corporation has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was founded in 2011 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Ares Commercial Real Estate Corporation has a trailing twelve months EPS of $0.06.
PE Ratio
Ares Commercial Real Estate Corporation has a trailing twelve months price to earnings ratio of 167. Meaning, the purchaser of the share is investing $167 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 0.48%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 165.3%, now sitting on 42.01M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 27, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 13.24%.
Sales Growth
Ares Commercial Real Estate Corporation’s sales growth is negative 20.2% for the present quarter and negative 10.3% for the next.
Moving Average
Ares Commercial Real Estate Corporation’s value is under its 50-day moving average of $10.03 and above its 200-day moving average of $9.72.
2. Western Asset Municipal High Income Fund (MHF)
133.67% Payout Ratio
Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Municipal High Income Fund has a trailing twelve months EPS of $0.18.
PE Ratio
Western Asset Municipal High Income Fund has a trailing twelve months price to earnings ratio of 35.84. Meaning, the purchaser of the share is investing $35.84 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 2.71%.
Volume
Today’s last reported volume for Western Asset Municipal High Income Fund is 26080 which is 58.7% below its average volume of 63159.
Yearly Top and Bottom Value
Western Asset Municipal High Income Fund’s stock is valued at $6.45 at 07:23 EST, under its 52-week high of $6.90 and above its 52-week low of $5.92.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 22, 2024, the estimated forward annual dividend rate is 0.26 and the estimated forward annual dividend yield is 4.09%.
Moving Average
Western Asset Municipal High Income Fund’s worth is higher than its 50-day moving average of $6.30 and above its 200-day moving average of $6.35.
3. News Corporation (NWSA)
83.33% Payout Ratio
News Corporation, a media and information services company, focuses on creating and distributing content for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and Investor's Business Daily through various media channels, such as newspapers, newswires, websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, videos, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides video sports, entertainment, and news services to pay-TV subscribers and other commercial licensees primarily through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and professional software and service products, as well as financial services. The company is headquartered in New York, New York.
Earnings Per Share
As for profitability, News Corporation has a trailing twelve months EPS of $0.24.
PE Ratio
News Corporation has a trailing twelve months price to earnings ratio of 101. Meaning, the purchaser of the share is investing $101 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 2.05%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 11, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.83%.
Yearly Top and Bottom Value
News Corporation’s stock is valued at $24.24 at 07:23 EST, below its 52-week high of $24.81 and way above its 52-week low of $15.58.
Earnings Before Interest, Taxes, Depreciation, and Amortization
News Corporation’s EBITDA is 48.36.
4. Ames National Corporation (ATLO)
73.47% Payout Ratio
Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. The company accepts a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; personal loans and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit of payroll and social security check, and automated/video teller machine access services; and automatic drafts for various accounts, as well as wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online, mobile, and private banking services. Ames National Corporation was founded in 1903 and is based in Ames, Iowa.
Earnings Per Share
As for profitability, Ames National Corporation has a trailing twelve months EPS of $1.47.
PE Ratio
Ames National Corporation has a trailing twelve months price to earnings ratio of 13.67. Meaning, the purchaser of the share is investing $13.67 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 9.22%.
Volume
Today’s last reported volume for Ames National Corporation is 15114 which is 32.49% below its average volume of 22388.
5. TTEC Holdings (TTEC)
60.47% Payout Ratio
TTEC Holdings, Inc., a customer experience technology and services company, focuses on the design, implementation, and delivery of transformative customer experience for various brands. It operates through TTEC Digital and TTEC Engage segments. The TTEC Digital segments designs, builds, and delivers tech-enabled customer experience solutions through its professional services and suite of technology offerings to enabling and accelerating digital transformation for clients. The TTEC Engage segment provides essential technologies, human resources, infrastructure, and processes to operate customer care, acquisition, and fraud detection and prevention services. TTEC Holdings, Inc. serves clients in the automotive, communication, financial services, government, healthcare, logistics, media and entertainment, retail, technology, transportation, and travel industries with operations in the United States, Australia, Belgium, Brazil, Bulgaria, Canada, Costa Rica, Germany, Greece, Hong Kong, India, Ireland, Mexico, the Netherlands, New Zealand, the Philippines, Poland, Singapore, South Africa, Thailand, the United Arab Emirates, and the United Kingdom. The company was formerly known as TeleTech Holdings, Inc. and changed its name to TTEC Holdings, Inc. in January 2018. TTEC Holdings, Inc. was founded in 1982 and is headquartered in Englewood, Colorado.
Earnings Per Share
As for profitability, TTEC Holdings has a trailing twelve months EPS of $0.86.
PE Ratio
TTEC Holdings has a trailing twelve months price to earnings ratio of 23.67. Meaning, the purchaser of the share is investing $23.67 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 8.76%.
6. Carpenter Technology Corporation (CRS)
37.04% Payout Ratio
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Carpenter Technology Corporation has a trailing twelve months EPS of $2.16.
PE Ratio
Carpenter Technology Corporation has a trailing twelve months price to earnings ratio of 30.94. Meaning, the purchaser of the share is investing $30.94 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 7.84%.
Volume
Today’s last reported volume for Carpenter Technology Corporation is 325537 which is 37.33% below its average volume of 519503.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.7%, now sitting on 2.68B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Carpenter Technology Corporation’s EBITDA is 40.17.
Moving Average
Carpenter Technology Corporation’s worth is under its 50-day moving average of $67.99 and way higher than its 200-day moving average of $58.48.
Previous days news about Carpenter Technology Corporation (CRS)
- According to Zacks on Wednesday, 17 January, "Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ternium S.A. (TX Quick QuoteTX – Free Report) and Osisko Gold Royalties Ltd (OR Quick QuoteOR – Free Report) . "
- According to Zacks on Tuesday, 16 January, "Some better-ranked stocks in the Basic Materials space are Cameco Corporation (CCJ Quick QuoteCCJ – Free Report) , Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) and Cabot Corporation (CBT Quick QuoteCBT – Free Report) , each sporting a Zacks Rank #1 (Strong Buy). "
- According to Zacks on Tuesday, 16 January, "Some better-ranked stocks from the basic materials space are Universal Stainless & Alloy Products, Inc. (USAP Quick QuoteUSAP – Free Report) , Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) and Ternium S.A. (TX Quick QuoteTX – Free Report) . "
- According to Zacks on Monday, 15 January, "Some better-ranked stocks from the basic materials space are Universal Stainless & Alloy Products, Inc. (USAP Quick QuoteUSAP – Free Report) , Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) and Ternium S.A. (TX Quick QuoteTX – Free Report) . "
- According to Zacks on Wednesday, 17 January, "Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ternium S.A. (TX Quick QuoteTX – Free Report) and Osisko Gold Royalties Ltd (OR Quick QuoteOR – Free Report) . "
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1% and 1%, respectively.
