(VIANEWS) – PIMCO New York Municipal Income Fund III (PYN), Lamar Advertising Company (LAMR), Exponent (EXPO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 distribute them.
When investigating 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. PIMCO New York Municipal Income Fund III (PYN)
195.03% Payout Ratio
PIMCO New York Municipal Income Fund III is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Co LLC. It invests in fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in a portfolio of New York municipal bonds, and other municipal bonds and notes; New York variable rate notes and other variable rate notes; New York variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO New York Municipal Income Fund III was on October 31, 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, PIMCO New York Municipal Income Fund III has a trailing twelve months EPS of $0.18.
PE Ratio
PIMCO New York Municipal Income Fund III has a trailing twelve months price to earnings ratio of 29.28. Meaning, the purchaser of the share is investing $29.28 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 negative -15.41%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 10, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 5.67%.
Moving Average
PIMCO New York Municipal Income Fund III’s worth is below its 50-day moving average of $5.76 and way under its 200-day moving average of $6.23.
Volume
Today’s last reported volume for PIMCO New York Municipal Income Fund III is 2004 which is 80.23% below its average volume of 10139.
2. Lamar Advertising Company (LAMR)
119.51% Payout Ratio
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 357,500 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 3,600 displays.
Earnings Per Share
As for profitability, Lamar Advertising Company has a trailing twelve months EPS of $4.1.
PE Ratio
Lamar Advertising Company has a trailing twelve months price to earnings ratio of 20.72. Meaning, the purchaser of the share is investing $20.72 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 34.79%.
3. Exponent (EXPO)
50.76% Payout Ratio
Exponent, Inc., together with its subsidiaries, operates as a science and engineering consulting company worldwide. It operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering. The Environmental and Health segment offers services in the areas of chemical regulation and food safety, ecological and biological sciences, environmental and earth sciences, and health sciences. The company offers approximately 90 technical disciplines to solve pressing and complicated challenges facing stakeholders. It serves clients in chemical, construction, consumer products, energy, food, beverage and nutrition, government, life sciences, insurance, manufacturing, technology, industrial equipment, transportation, and other sectors of the economy. The company was formerly known as The Failure Group, Inc. and changed its name to Exponent, Inc. in 1998. Exponent, Inc. was founded in 1967 and is headquartered in Menlo Park, California.
Earnings Per Share
As for profitability, Exponent has a trailing twelve months EPS of $1.97.
PE Ratio
Exponent has a trailing twelve months price to earnings ratio of 44.6. Meaning, the purchaser of the share is investing $44.6 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 29.32%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 6, 2023, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 1.19%.
4. Eastern Company (EML)
41.12% Payout Ratio
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. It offers turnkey returnable packaging solutions that are used in the assembly process of vehicles, aircraft, and durable goods, as well as in the production process of plastic packaging products, packaged consumer goods, and pharmaceuticals; designs and manufactures blow mold tools and injection blow mold tooling products, and 2-step stretch blow molds and related components; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industry. It also offers rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, as well as development and program management services for custom electromechanical and mechanical systems; designs and manufactures proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications; and provides aftermarket components to the heavy-duty truck market. The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut.
Earnings Per Share
As for profitability, Eastern Company has a trailing twelve months EPS of $1.07.
PE Ratio
Eastern Company has a trailing twelve months price to earnings ratio of 16.36. Meaning, the purchaser of the share is investing $16.36 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 5.41%.
Yearly Top and Bottom Value
Eastern Company’s stock is valued at $17.51 at 14:23 EST, way below its 52-week high of $24.35 and way higher than its 52-week low of $15.30.
Volume
Today’s last reported volume for Eastern Company is 3070 which is 45.93% below its average volume of 5678.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 2.51%.
5. Badger Meter (BMI)
34.35% Payout Ratio
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was founded in 1905 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Badger Meter has a trailing twelve months EPS of $2.62.
PE Ratio
Badger Meter has a trailing twelve months price to earnings ratio of 54.58. Meaning, the purchaser of the share is investing $54.58 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 17.35%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 23, 2023, the estimated forward annual dividend rate is 0.94 and the estimated forward annual dividend yield is 0.66%.
Yearly Top and Bottom Value
Badger Meter’s stock is valued at $142.99 at 14:23 EST, way under its 52-week high of $170.86 and way higher than its 52-week low of $88.16.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.6%, now sitting on 630.29M for the twelve trailing months.
Previous days news about Badger Meter (BMI)
- According to Zacks on Monday, 16 October, "Some better-ranked stocks in the broader technology sector are Asure Software (ASUR Quick QuoteASUR – Free Report) , Arista Networks (ANET Quick QuoteANET – Free Report) and Badger Meter (BMI Quick QuoteBMI – Free Report) . ", "While Asure Software sports a Zacks Rank #1 (Strong Buy), Arista Networks and Badger Meter carry a Zacks Rank #2 (Buy) each. "
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1% Payout Ratio
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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%.
