(VIANEWS) – Blackrock Enhanced Government Fund (EGF), Cross Timbers Royalty Trust (CRT), Forward Air Corporation (FWRD) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. Blackrock Enhanced Government Fund (EGF)
223.64% Payout Ratio
BlackRock Enhanced Government Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S. government mortgage-backed securities. The fund invests in non U.S. government debt securities of foreign or domestic issuers, including commercial paper, notes, corporate bonds, debentures, asset-backed securities, mortgage-backed securities, corporate loans, sovereign debt securities, and money market securities. It was formerly known as Enhanced Government Fund, Inc. BlackRock Enhanced Government Fund, Inc. was formed in 2006 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock Enhanced Government Fund has a trailing twelve months EPS of $0.22.
PE Ratio
Blackrock Enhanced Government Fund has a trailing twelve months price to earnings ratio of 45. Meaning, the purchaser of the share is investing $45 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 1.96%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9.7%, now sitting on 1.81M for the twelve trailing months.
Volume
Today’s last reported volume for Blackrock Enhanced Government Fund is 7123 which is 12.2% above its average volume of 6348.
Yearly Top and Bottom Value
Blackrock Enhanced Government Fund’s stock is valued at $9.90 at 08:23 EST, way below its 52-week high of $11.51 and above its 52-week low of $9.02.
Moving Average
Blackrock Enhanced Government Fund’s value is higher than its 50-day moving average of $9.72 and higher than its 200-day moving average of $9.54.
2. Cross Timbers Royalty Trust (CRT)
100% Payout Ratio
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. Cross Timbers Royalty Trust was founded in 1991 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Cross Timbers Royalty Trust has a trailing twelve months EPS of $1.28.
PE Ratio
Cross Timbers Royalty Trust has a trailing twelve months price to earnings ratio of 7.07. Meaning, the purchaser of the share is investing $7.07 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 288.74%.
Moving Average
Cross Timbers Royalty Trust’s value is under its 50-day moving average of $9.93 and way below its 200-day moving average of $14.19.
Volume
Today’s last reported volume for Cross Timbers Royalty Trust is 13094 which is 65.24% below its average volume of 37680.
3. Forward Air Corporation (FWRD)
58.54% Payout Ratio
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Earnings Per Share
As for profitability, Forward Air Corporation has a trailing twelve months EPS of $-27.83.
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 -204.95%.
Sales Growth
Forward Air Corporation’s sales growth is 58.6% for the current quarter and 97.3% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 115.2% and a negative 101.2%, respectively.
Moving Average
Forward Air Corporation’s value is way above its 50-day moving average of $27.89 and above its 200-day moving average of $33.48.
Revenue Growth
Year-on-year quarterly revenue growth grew by 92.9%, now sitting on 1.86B for the twelve trailing months.
4. Invesco Quality Municipal Income Trust (IQI)
53.05% Payout Ratio
Invesco Quality Municipal Income 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. 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, and municipal commercial paper. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously known as Morgan Stanley Quality Municipal Income Trust. Invesco Quality Municipal Income Trust was formed on September 29, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Quality Municipal Income Trust has a trailing twelve months EPS of $0.84.
PE Ratio
Invesco Quality Municipal Income Trust has a trailing twelve months price to earnings ratio of 12.43. Meaning, the purchaser of the share is investing $12.43 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 7.76%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.7%, now sitting on 40.4M 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
