(VIANEWS) – Invesco High Income Trust II (VLT), Blackrock MuniYield Quality Fund III (MYI), Thor Industries (THO) 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 promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Invesco High Income Trust II (VLT)
180.75% Payout Ratio
Invesco High Income Trust II is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in the fixed income markets. The fund seeks to invest in securities rated between BB and C by Standard and Poor's. It seeks to maintain an average duration of around three to four years for its portfolio. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield 2% Issuer Cap Inde. It was formerly known as Invesco Van Kampen High Income Trust II. Invesco High Income Trust II was formed on April 28, 1989 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco High Income Trust II has a trailing twelve months EPS of $1.06.
PE Ratio
Invesco High Income Trust II has a trailing twelve months price to earnings ratio of 9.92. Meaning, the purchaser of the share is investing $9.92 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 5.49%.
Yearly Top and Bottom Value
Invesco High Income Trust II’s stock is valued at $10.51 at 02:23 EST, under its 52-week high of $10.87 and way higher than its 52-week low of $9.29.
Volume
Today’s last reported volume for Invesco High Income Trust II is 8629 which is 44.14% below its average volume of 15449.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.5%, now sitting on 7.27M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 15, 2024, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 10.97%.
2. Blackrock MuniYield Quality Fund III (MYI)
126.43% Payout Ratio
BlackRock MuniYield Quality Fund III, 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 a portfolio of long-term investment-grade municipal obligations exempt from federal income taxes. BlackRock MuniYield Quality Fund III, Inc. was formed in April 13, 1992 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniYield Quality Fund III has a trailing twelve months EPS of $0.42.
PE Ratio
Blackrock MuniYield Quality Fund III has a trailing twelve months price to earnings ratio of 25.88. Meaning, the purchaser of the share is investing $25.88 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 2.89%.
Volume
Today’s last reported volume for Blackrock MuniYield Quality Fund III is 183236 which is 12.79% below its average volume of 210124.
3. Thor Industries (THO)
36.83% Payout Ratio
THOR Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. It also provides aluminum extrusion and specialized component products to RV and other manufacturers. The company provides its products through independent and non-franchise dealers. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana.
Earnings Per Share
As for profitability, Thor Industries has a trailing twelve months EPS of $5.05.
PE Ratio
Thor Industries has a trailing twelve months price to earnings ratio of 19.53. Meaning, the purchaser of the share is investing $19.53 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 7.02%.
4. Mannatech (MTEX)
35.56% Payout Ratio
Mannatech, Incorporated operates as a health and wellness company worldwide. It develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management products. The company primarily sells its products directly, as well as through network marketing channels and a website. Mannatech, Incorporated was founded in 1993 and is headquartered in Flower Mound, Texas.
Earnings Per Share
As for profitability, Mannatech has a trailing twelve months EPS of $-0.89.
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 -13.69%.
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%.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
