(VIANEWS) – Gabelli Convertible and Income Securities Fund (GCV), Associated Banc (ASB), Invesco Municipal Opportunity Trust (VMO) are the highest payout ratio stocks on this list.
We have collected information about 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 issue 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)
1600% 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 $-1.67.
Yearly Top and Bottom Value
Gabelli Convertible and Income Securities Fund’s stock is valued at $4.08 at 08:23 EST, below its 52-week high of $4.34 and way above its 52-week low of $3.15.
Volume
Today’s last reported volume for Gabelli Convertible and Income Securities Fund is 21519 which is 54.18% below its average volume of 46972.
2. Associated Banc (ASB)
74.36% Payout Ratio
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers savings, money market deposit accounts, IRA accounts, and certificates of deposit; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. This segment also provides specialized financial services comprising interest rate risk management, foreign exchange solutions, and commodity hedging; administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; fixed and variable annuities, full-service, and discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit. As of December 31, 2020, the company operated 228 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Earnings Per Share
As for profitability, Associated Banc has a trailing twelve months EPS of $1.17.
PE Ratio
Associated Banc has a trailing twelve months price to earnings ratio of 17.96. Meaning, the purchaser of the share is investing $17.96 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 4.52%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 3.8% and a negative 3.8%, respectively.
Yearly Top and Bottom Value
Associated Banc’s stock is valued at $21.01 at 08:23 EST, way below its 52-week high of $24.21 and way higher than its 52-week low of $15.16.
Volume
Today’s last reported volume for Associated Banc is 1132790 which is 18.24% below its average volume of 1385660.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.9%, now sitting on 997.85M for the twelve trailing months.
3. Invesco Municipal Opportunity Trust (VMO)
50.12% Payout Ratio
Invesco Municipal Opportunity Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Municipal Opportunity Trust. Invesco Municipal Opportunity Trust was formed on April 24, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Municipal Opportunity Trust has a trailing twelve months EPS of $0.85.
PE Ratio
Invesco Municipal Opportunity Trust has a trailing twelve months price to earnings ratio of 12.16. Meaning, the purchaser of the share is investing $12.16 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%.
Yearly Top and Bottom Value
Invesco Municipal Opportunity Trust’s stock is valued at $10.34 at 08:23 EST, under its 52-week high of $10.39 and way higher than its 52-week low of $7.86.
Moving Average
Invesco Municipal Opportunity Trust’s value is higher than its 50-day moving average of $10.09 and higher than its 200-day moving average of $9.72.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.9%, now sitting on 54.19M for the twelve trailing months.
4. Virtu Financial (VIRT)
48.24% Payout Ratio
Virtu Financial, Inc., together with its subsidiaries, provides market making and liquidity services through its proprietary, multi-asset, and multi-currency technology platform to the financial markets worldwide. The company's Market Making segment principally consists of market making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Its Execution Services segment comprises agency-based trading and trading venues, which offer execution services in equities, ETFs, futures, fixed income, currencies, and commodities to institutions, banks, and broker dealers. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Virtu Financial has a trailing twelve months EPS of $1.99.
PE Ratio
Virtu Financial has a trailing twelve months price to earnings ratio of 15.62. Meaning, the purchaser of the share is investing $15.62 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 24.4%.
Moving Average
Virtu Financial’s worth is way above its 50-day moving average of $27.53 and way higher than its 200-day moving average of $22.01.
Volume
Today’s last reported volume for Virtu Financial is 120749 which is 92.17% below its average volume of 1543140.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 55.6% and 177.8%, respectively.
Yearly Top and Bottom Value
Virtu Financial’s stock is valued at $31.08 at 08:23 EST, under its 52-week high of $31.85 and way higher than its 52-week low of $16.02.
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%.
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%.
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.
