(VIANEWS) – Gulf Coast Ultra Deep Royalty Trust (GULTU), Pimco Global Stocksplus & Income Fund (PGP), Avista Corporation (AVA) 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 researching 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. Gulf Coast Ultra Deep Royalty Trust (GULTU)
120.69% Payout Ratio
Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. The company was incorporated in 2012 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Gulf Coast Ultra Deep Royalty Trust has a trailing twelve months EPS of $0.01.
PE Ratio
Gulf Coast Ultra Deep Royalty Trust has a trailing twelve months price to earnings ratio of 1.24. Meaning, the purchaser of the share is investing $1.24 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 263.38%.
2. Pimco Global Stocksplus & Income Fund (PGP)
97.41% Payout Ratio
PIMCO Global Stocksplus & Income Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options. It invests in mortgage-related, government, corporate and other debt securities of U.S. and non-U.S. issuers and emerging market bonds. The fund invests in investment grade securities with a low- to intermediate-average duration. It invests in stocks of companies across diversified sectors. PIMCO Global Stocksplus & Income Fund was formed on April 30, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco Global Stocksplus & Income Fund has a trailing twelve months EPS of $0.85.
PE Ratio
Pimco Global Stocksplus & Income Fund has a trailing twelve months price to earnings ratio of 9.04. Meaning, the purchaser of the share is investing $9.04 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 11.75%.
Moving Average
Pimco Global Stocksplus & Income Fund’s value is higher than its 50-day moving average of $7.45 and above its 200-day moving average of $7.11.
Volume
Today’s last reported volume for Pimco Global Stocksplus & Income Fund is 34805 which is 18.29% below its average volume of 42600.
Yearly Top and Bottom Value
Pimco Global Stocksplus & Income Fund’s stock is valued at $7.69 at 08:23 EST, under its 52-week high of $7.81 and way higher than its 52-week low of $5.83.
3. Avista Corporation (AVA)
82.14% Payout Ratio
Avista Corporation operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to 17,000 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydro, thermal, and wind facilities. As of February 24, 2021, it provided electric service to 400,000 customers and natural gas to 367,000 customers. In addition, the company engages in the venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.
Earnings Per Share
As for profitability, Avista Corporation has a trailing twelve months EPS of $2.24.
PE Ratio
Avista Corporation has a trailing twelve months price to earnings ratio of 15.03. Meaning, the purchaser of the share is investing $15.03 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 7.1%.
4. Best Buy Co. (BBY)
64.79% Payout Ratio
Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.
Earnings Per Share
As for profitability, Best Buy Co. has a trailing twelve months EPS of $5.68.
PE Ratio
Best Buy Co. has a trailing twelve months price to earnings ratio of 13.74. Meaning, the purchaser of the share is investing $13.74 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 42.44%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 20, 2024, the estimated forward annual dividend rate is 3.76 and the estimated forward annual dividend yield is 4.78%.
5. Ashland (ASH)
51.2% Payout Ratio
Ashland Global Holdings Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences; Personal Care & Household; Specialty Additives; and Intermediates and Solvents segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions. The Personal Care & Household segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. The Intermediates and Solvents segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. Ashland Global Holdings Inc. offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Inc. and changed its name to Ashland Global Holdings Inc. in September 2016. Ashland Global Holdings Inc. was founded in 1924 and is based in Wilmington, Delaware.
Earnings Per Share
As for profitability, Ashland has a trailing twelve months EPS of $2.91.
PE Ratio
Ashland has a trailing twelve months price to earnings ratio of 32.3. Meaning, the purchaser of the share is investing $32.3 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 4.83%.
Yearly Top and Bottom Value
Ashland’s stock is valued at $94.00 at 08:23 EST, way under its 52-week high of $105.15 and way above its 52-week low of $70.82.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 18.9% and positive 16.3% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 1.54 and the estimated forward annual dividend yield is 1.65%.
6. SS&C Technologies Holdings (SSNC)
36.82% Payout Ratio
SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions comprising portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions consisting of claims adjudication, benefit management, care management, and business intelligence solutions. Its products and services allow professionals in the financial services and healthcare industries to automate complex business processes and are instrumental in helping its clients to manage information processing requirements. The company's software-enabled services include SS&C GlobeOp, Global Investor and Distribution Solutions, SS&C Retirement Solutions, Black Diamond Wealth Platform, CRM Solutions, Advent Managed Services, Advent Data Solutions, ALPS Advisors, and Virtual Data Rooms, as well as pharmacy, healthcare administration, and health outcomes optimization solutions. Its software products comprise portfolio/investment accounting and analytics software, portfolio management software, trading software, automation solutions, and banking and lending solutions, as well as research, analytics, risk, and training solutions. The company also provides professional services that includes consulting and implementation services consisting of initial system installation, conversion of historical data, and ongoing training and support, as well as product support services. It operates in the United States; Europe, the Middle East, and Africa; the Asia Pacific and Japan; Canada; and the Americas. The company was founded in 1986 and is headquartered in Windsor, Connecticut.
Earnings Per Share
As for profitability, SS&C Technologies Holdings has a trailing twelve months EPS of $2.39.
PE Ratio
SS&C Technologies Holdings has a trailing twelve months price to earnings ratio of 25.95. Meaning, the purchaser of the share is investing $25.95 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 9.74%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 1.55%.
Sales Growth
SS&C Technologies Holdings’s sales growth is 4.7% for the ongoing quarter and 4.7% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 9% and 12%, respectively.
Yearly Top and Bottom Value
SS&C Technologies Holdings’s stock is valued at $62.02 at 08:23 EST, under its 52-week high of $64.99 and way above its 52-week low of $46.61.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
