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BlackRock Investment Quality Municipal Trust And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Cato Corporation (CATO), TTEC Holdings (TTEC), BlackRock Investment Quality Municipal Trust (BKN) 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 researching 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. Cato Corporation (CATO)

33057.9% Payout Ratio

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce Websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce Websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. As of January 30, 2021, the company operated 1,330 stores in 33 states. It also provides credit card services to its customers, as well as layaway plans for customers who agree to make periodic payments. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Cato Corporation has a trailing twelve months EPS of $-1.17.

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 -11.43%.

Volume

Today’s last reported volume for Cato Corporation is 43273 which is 65.72% below its average volume of 126242.

Moving Average

Cato Corporation’s worth is below its 50-day moving average of $5.55 and way under its 200-day moving average of $6.86.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.3%, now sitting on 708.06M for the twelve trailing months.

2. TTEC Holdings (TTEC)

577.78% Payout Ratio

TTEC Holdings, Inc., a customer experience technology and services company, focuses on the design, implementation, and delivery of transformative customer experience for various brands. It operates through TTEC Digital and TTEC Engage segments. The TTEC Digital segments designs, builds, and delivers tech-enabled customer experience solutions through its professional services and suite of technology offerings to enabling and accelerating digital transformation for clients. The TTEC Engage segment provides essential technologies, human resources, infrastructure, and processes to operate customer care, acquisition, and fraud detection and prevention services. TTEC Holdings, Inc. serves clients in the automotive, communication, financial services, government, healthcare, logistics, media and entertainment, retail, technology, transportation, and travel industries with operations in the United States, Australia, Belgium, Brazil, Bulgaria, Canada, Costa Rica, Germany, Greece, Hong Kong, India, Ireland, Mexico, the Netherlands, New Zealand, the Philippines, Poland, Singapore, South Africa, Thailand, the United Arab Emirates, and the United Kingdom. The company was formerly known as TeleTech Holdings, Inc. and changed its name to TTEC Holdings, Inc. in January 2018. TTEC Holdings, Inc. was founded in 1982 and is headquartered in Englewood, Colorado.

Earnings Per Share

As for profitability, TTEC Holdings has a trailing twelve months EPS of $0.18.

PE Ratio

TTEC Holdings has a trailing twelve months price to earnings ratio of 40.19. Meaning, the purchaser of the share is investing $40.19 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 2.92%.

Yearly Top and Bottom Value

TTEC Holdings’s stock is valued at $7.24 at 14:23 EST, way below its 52-week high of $36.70 and above its 52-week low of $7.17.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 61.5% and a negative 41.8%, respectively.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 2, 2024, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 1.65%.

Moving Average

TTEC Holdings’s value is way under its 50-day moving average of $10.98 and way under its 200-day moving average of $20.62.

3. BlackRock Investment Quality Municipal Trust (BKN)

250.71% Payout Ratio

BlackRock Investment Quality Municipal Trust 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 invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes. Blackrock Investment Quality Municipal Trust Inc. was formed on February 28, 1993 and is domiciled in United States.

Earnings Per Share

As for profitability, BlackRock Investment Quality Municipal Trust has a trailing twelve months EPS of $0.21.

PE Ratio

BlackRock Investment Quality Municipal Trust has a trailing twelve months price to earnings ratio of 58.52. Meaning, the purchaser of the share is investing $58.52 for every dollar of annual earnings.

Volume

Today’s last reported volume for BlackRock Investment Quality Municipal Trust is 101 which is 99.72% below its average volume of 36990.

Yearly Top and Bottom Value

BlackRock Investment Quality Municipal Trust’s stock is valued at $12.29 at 14:23 EST, under its 52-week high of $12.69 and way above its 52-week low of $9.57.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10%, now sitting on 15.98M for the twelve trailing months.

4. Weyco Group (WEYS)

31.23% Payout Ratio

Weyco Group, Inc., together with its subsidiaries, designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2020, the company had five brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. Weyco Group, Inc. serves in the United States, Canada, Europe, Australia, Asia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.

Earnings Per Share

As for profitability, Weyco Group has a trailing twelve months EPS of $3.17.

PE Ratio

Weyco Group has a trailing twelve months price to earnings ratio of 9.19. Meaning, the purchaser of the share is investing $9.19 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 12.89%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 3.41%.

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%.

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