(VIANEWS) – Highway Holdings Limited (HIHO), Blackrock MuniYield Quality Fund (MQY), Global Self Storage (SELF) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up until 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. Highway Holdings Limited (HIHO)
227.27% Payout Ratio
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.
Earnings Per Share
As for profitability, Highway Holdings Limited has a trailing twelve months EPS of $-0.23.
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 -11.23%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 60.3%, now sitting on 8.47M for the twelve trailing months.
Yearly Top and Bottom Value
Highway Holdings Limited’s stock is valued at $2.11 at 20:23 EST, way below its 52-week high of $3.08 and way higher than its 52-week low of $1.85.
2. Blackrock MuniYield Quality Fund (MQY)
137.93% Payout Ratio
BlackRock MuniYield Quality Fund, Inc. is a close 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 in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities. BlackRock MuniYield Quality Fund, Inc. was formed on July 21, 1992 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniYield Quality Fund has a trailing twelve months EPS of $0.41.
PE Ratio
Blackrock MuniYield Quality Fund has a trailing twelve months price to earnings ratio of 29.07. Meaning, the purchaser of the share is investing $29.07 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 5.84%.
3. Global Self Storage (SELF)
111.54% Payout Ratio
Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
Earnings Per Share
As for profitability, Global Self Storage has a trailing twelve months EPS of $0.26.
PE Ratio
Global Self Storage has a trailing twelve months price to earnings ratio of 20.5. Meaning, the purchaser of the share is investing $20.5 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 6.09%.
Sales Growth
Global Self Storage’s sales growth is 1% for the present quarter and negative 2.6% for the next.
4. 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 20.31. Meaning, the purchaser of the share is investing $20.31 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 4.1%.
Yearly Top and Bottom Value
Blackrock Enhanced Government Fund’s stock is valued at $9.14 at 20:23 EST, way under its 52-week high of $10.47 and higher than its 52-week low of $9.02.
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.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
