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Blackrock Enhanced Government Fund And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Huntsman Corporation (HUN), Blackrock Enhanced Government Fund (EGF), The Herzfeld Caribbean Basin Fund (CUBA) are the highest payout ratio stocks on this list.

We have collected information about stocks with the highest payout ratio as yet. 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 distribute 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. Huntsman Corporation (HUN)

180% Payout Ratio

Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates through four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyols, thermoplastic polyurethane, propylene oxide, and methyl tertiary-butyl ether products. The Performance Products segment manufactures amines and maleic anhydrides, including ethylene oxide, propylene oxide, glycols, ethylene dichloride, caustic soda, ammonia, hydrogen, methylamines, and acrylonitrile. The Advanced Materials segment offers epoxy, acrylic, polyurethane, and acrylonitrile-butadiene-based polymer formulations; high performance thermoset resins, curing agents and toughening agents, and carbon nanotubes additives; and base liquid and solid resins. The Textile Effects segment provides textile chemicals and dyes. The company's products are used in a range of applications, including adhesives, aerospace, automotive, construction products, durable and non-durable consumer products, electronics, insulation, medical, packaging, coatings and construction, power generation, refining, synthetic fiber, textile chemicals, and dye industries. Huntsman Corporation was founded in 1970 and is headquartered in The Woodlands, Texas.

Earnings Per Share

As for profitability, Huntsman Corporation has a trailing twelve months EPS of $-0.45.

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 -0.68%.

2. Blackrock Enhanced Government Fund (EGF)

109.33% 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 $0.45.

PE Ratio

Blackrock Enhanced Government Fund has a trailing twelve months price to earnings ratio of 20.53. Meaning, the purchaser of the share is investing $20.53 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 4.1%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 0.49 and the estimated forward annual dividend yield is 5.32%.

Volume

Today’s last reported volume for Blackrock Enhanced Government Fund is 2955 which is 67.78% below its average volume of 9174.

Yearly Top and Bottom Value

Blackrock Enhanced Government Fund’s stock is valued at $9.24 at 08:23 EST, below its 52-week high of $10.19 and above its 52-week low of $9.02.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.7%, now sitting on 1.91M for the twelve trailing months.

3. The Herzfeld Caribbean Basin Fund (CUBA)

44.69% Payout Ratio

The Herzfeld Caribbean Basin Fund Inc. is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc. The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela. It invests in stocks of companies operating across diversified sectors. The Herzfeld Caribbean Basin Fund Inc. was formed on March 10, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, The Herzfeld Caribbean Basin Fund has a trailing twelve months EPS of $1.08.

PE Ratio

The Herzfeld Caribbean Basin Fund has a trailing twelve months price to earnings ratio of 2.29. Meaning, the purchaser of the share is investing $2.29 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 18.4%.

4. Lazard Global Total Return and Income Fund (LGI)

37.23% Payout Ratio

Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion. It makes its fixed income investments in short duration market forward currency contracts and other market debt instruments. The fund typically employs fundamental analysis with a bottom-up stock picking approach using its global equity strategy and emerging income strategy to create its portfolio. It considers factors like financial condition, cash flows, strong balance sheets, sustainability of returns, quality of management, competitive position, sensitivity to economic and market cycles, margin and sales trends, brand name strength, geographical breakdown, and macro environment for selecting individual securities. The fund benchmarks the performance of its portfolio against the MSCI World Index. Lazard Global Total Return and Income Fund, Inc. was formed on January 27, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Lazard Global Total Return and Income Fund has a trailing twelve months EPS of $3.04.

PE Ratio

Lazard Global Total Return and Income Fund has a trailing twelve months price to earnings ratio of 5.31. Meaning, the purchaser of the share is investing $5.31 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 17.91%.

Volume

Today’s last reported volume for Lazard Global Total Return and Income Fund is 17167 which is 56.44% below its average volume of 39419.

Yearly Top and Bottom Value

Lazard Global Total Return and Income Fund’s stock is valued at $16.15 at 08:23 EST, under its 52-week high of $16.68 and way higher than its 52-week low of $12.66.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 10, 2024, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 7.77%.

Moving Average

Lazard Global Total Return and Income Fund’s value is higher than its 50-day moving average of $15.85 and above its 200-day moving average of $14.93.

5. Schlumberger (SLB)

34.17% Payout Ratio

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Earnings Per Share

As for profitability, Schlumberger has a trailing twelve months EPS of $2.91.

PE Ratio

Schlumberger has a trailing twelve months price to earnings ratio of 17.87. Meaning, the purchaser of the share is investing $17.87 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 21.98%.

Volume

Today’s last reported volume for Schlumberger is 12820900 which is 15.02% above its average volume of 11145900.

Moving Average

Schlumberger’s worth is above its 50-day moving average of $51.35 and under its 200-day moving average of $53.47.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.6%, now sitting on 34.11B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 15.3% and 29.6%, respectively.

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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.

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).

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 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%.

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