(VIANEWS) – PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL), Sun Life Financial (SLF), SSR Mining (SSRM) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio up until 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. PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL)
218.81% 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 $0.47.
PE Ratio
PIMCO Income Strategy Fund Shares of Beneficial Interest has a trailing twelve months price to earnings ratio of 16.96. Meaning, the purchaser of the share is investing $16.96 for every dollar of annual earnings.
Yearly Top and Bottom Value
PIMCO Income Strategy Fund Shares of Beneficial Interest’s stock is valued at $7.97 at 02:23 EST, way under its 52-week high of $9.82 and above its 52-week low of $7.73.
Volume
Today’s last reported volume for PIMCO Income Strategy Fund Shares of Beneficial Interest is 38264 which is 59.02% below its average volume of 93393.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 0.98 and the estimated forward annual dividend yield is 12.29%.
2. Sun Life Financial (SLF)
52.98% Payout Ratio
Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company provides financial advice, asset management, and investments related products. It is also involved in mutual fund and investment management businesses. Sun Life Financial Inc was founded in 1871 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Sun Life Financial has a trailing twelve months EPS of $4.04.
PE Ratio
Sun Life Financial has a trailing twelve months price to earnings ratio of 12.27. Meaning, the purchaser of the share is investing $12.27 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 11.09%.
Volume
Today’s last reported volume for Sun Life Financial is 304055 which is 43.49% below its average volume of 538057.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 2.13 and the estimated forward annual dividend yield is 4.4%.
3. SSR Mining (SSRM)
38.89% Payout Ratio
SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Denver, Colorado.
Earnings Per Share
As for profitability, SSR Mining has a trailing twelve months EPS of $0.71.
PE Ratio
SSR Mining has a trailing twelve months price to earnings ratio of 22.68. Meaning, the purchaser of the share is investing $22.68 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 3.97%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.5%, now sitting on 1.11B for the twelve trailing months.
Sales Growth
SSR Mining’s sales growth is negative 2.2% for the ongoing quarter and 158.9% for the next.
4. BGC Partners (BGCP)
36.36% Payout Ratio
BGC Partners, Inc. operates as a financial brokerage and technology company in the United States, France, other Europe, the United Kingdom, other Americas, Asia, Australia, Africa, and the Middle East. It offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; and fixed income, equity derivatives and cash equities, energy and commodities, shipping, insurance, and futures and options. The company also provides trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, and other back office services to financial and non-financial institutions. In addition, it offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services, and analytics related to financial instrument and markets under the Fenics, FMX, BGC Trader, CreditMatch, Fenics Market Data, Fenics GO, BGC Market Data, kACE2, Capitalab, Swaptioniser, CBID, Lucera, and LumeAlfa brand names. Further, the company provides screen-based market solutions, which enable its clients to develop a marketplace, trade with their customers, issue debt, trade odd lots, access program trading interfaces, and access its network and intellectual property; option pricing and analysis tools; and software and technology infrastructure for the transactional and technology related elements. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, BGC Partners has a trailing twelve months EPS of $0.11.
PE Ratio
BGC Partners has a trailing twelve months price to earnings ratio of 37.91. Meaning, the purchaser of the share is investing $37.91 for every dollar of annual earnings.
Volume
Today’s last reported volume for BGC Partners is 2262340 which is 6.24% below its average volume of 2412990.
Sales Growth
BGC Partners’s sales growth is 9.2% for the ongoing quarter and 16.9% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 11.8% and 25%, respectively.
Yearly Top and Bottom Value
BGC Partners’s stock is valued at $4.17 at 02:23 EST, way below its 52-week high of $5.51 and way above its 52-week low of $3.00.
