(VIANEWS) – MFS Intermediate High Income Fund (CIF), KeyCorp (KEY), PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL) 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 issue 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. MFS Intermediate High Income Fund (CIF)
114.91% Payout Ratio
MFS Intermediate High Income Fund is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in high income debt instruments. The fund benchmarks the performance of its portfolio against Barclays U.S. High-Yield Corporate 2% Issuer Capped Index. It was formerly known as Colonial Intermediate High Income Fund. MFS Intermediate High Income Fund was founded in July 21, 1988 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS Intermediate High Income Fund has a trailing twelve months EPS of $0.15.
PE Ratio
MFS Intermediate High Income Fund has a trailing twelve months price to earnings ratio of 11.4. Meaning, the purchaser of the share is investing $11.4 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 8.25%.
Moving Average
MFS Intermediate High Income Fund’s worth is above its 50-day moving average of $1.70 and higher than its 200-day moving average of $1.66.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 0.17 and the estimated forward annual dividend yield is 10.18%.
Volume
Today’s last reported volume for MFS Intermediate High Income Fund is 25848 which is 37.16% below its average volume of 41134.
2. KeyCorp (KEY)
105.13% Payout Ratio
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; commercial leasing, investment management, consumer finance; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans to consumer, energy, healthcare, industrial, public sector, real estate, and technology sectors for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, KeyCorp has a trailing twelve months EPS of $0.88.
PE Ratio
KeyCorp has a trailing twelve months price to earnings ratio of 16.6. Meaning, the purchaser of the share is investing $16.6 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 6.04%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 26, 2024, the estimated forward annual dividend rate is 0.82 and the estimated forward annual dividend yield is 5.49%.
Moving Average
KeyCorp’s value is under its 50-day moving average of $14.77 and way above its 200-day moving average of $12.87.
Sales Growth
KeyCorp’s sales growth is negative 5.4% for the current quarter and 4.4% for the next.
Yearly Top and Bottom Value
KeyCorp’s stock is valued at $14.61 at 02:23 EST, under its 52-week high of $15.86 and way above its 52-week low of $8.74.
3. PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL)
101.75% Payout Ratio
PIMCO Income Strategy 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 Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years. It employs fundamental analysis with top-down approach to create its portfolio. The fund was formerly known as PIMCO Floating Rate Income Fund. PIMCO Income Strategy Fund was formed on June 19, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, PIMCO Income Strategy Fund Shares of Beneficial Interest has a trailing twelve months EPS of $0.96.
PE Ratio
PIMCO Income Strategy Fund Shares of Beneficial Interest has a trailing twelve months price to earnings ratio of 8.67. Meaning, the purchaser of the share is investing $8.67 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2024, the estimated forward annual dividend rate is 0.98 and the estimated forward annual dividend yield is 11.74%.
4. Xcel Energy (XEL)
63.29% Payout Ratio
Xcel Energy Inc., through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects and nonregulated assets, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
Earnings Per Share
As for profitability, Xcel Energy has a trailing twelve months EPS of $3.21.
PE Ratio
Xcel Energy has a trailing twelve months price to earnings ratio of 16.56. Meaning, the purchaser of the share is investing $16.56 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 10.62%.
Sales Growth
Xcel Energy’s sales growth for the current quarter is 8.7%.
Volume
Today’s last reported volume for Xcel Energy is 2803980 which is 52.19% below its average volume of 5865160.
Yearly Top and Bottom Value
Xcel Energy’s stock is valued at $53.17 at 02:23 EST, way below its 52-week high of $69.85 and way higher than its 52-week low of $46.79.
Moving Average
Xcel Energy’s worth is below its 50-day moving average of $53.45 and under its 200-day moving average of $58.24.
5. Benchmark Electronics (BHE)
36.26% Payout Ratio
Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing, and automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, life cycle testing services, and environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company offers precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing services for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product's life cycle. The company serves original equipment manufacturers in the aerospace and defense, medical technologies, complex industrials, test and instrumentation, telecommunications, and high-end computing industries. It sells its products primarily through direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.
Earnings Per Share
As for profitability, Benchmark Electronics has a trailing twelve months EPS of $1.82.
PE Ratio
Benchmark Electronics has a trailing twelve months price to earnings ratio of 22. Meaning, the purchaser of the share is investing $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 6.22%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.8%, now sitting on 2.82B for the twelve trailing months.
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
As stated by 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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
