(VIANEWS) – BlackRock Income Trust (BKT), John Hancock (HPI), Great Elm Capital Corp. (GECC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a guarantee 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 Income Trust (BKT)
294.86% Payout Ratio
BlackRock Income Trust, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S. government sponsored agency securities, non-agency mortgage-backed securities, asset-backed securities, and U.S. treasury obligations. The fund invests its assets in securities that are issued or guaranteed by the US government or one of its agencies or instrumentalities or rated at the time of investment either AAA by S&P or Aaa by Moody's. BlackRock Income Trust, Inc. was formed on July 22, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Income Trust has a trailing twelve months EPS of $-0.75.
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 -5.54%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.4%, now sitting on 15.99M for the twelve trailing months.
2. John Hancock (HPI)
93.21% Payout Ratio
John Hancock Preferred Income Fund is a closed ended balanced mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund was formed on August 27, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock has a trailing twelve months EPS of $-1.2.
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 -7.17%.
Moving Average
John Hancock’s worth is above its 50-day moving average of $14.80 and above its 200-day moving average of $14.90.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 27, 2023, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 9.44%.
Yearly Top and Bottom Value
John Hancock’s stock is valued at $15.70 at 07:23 EST, way below its 52-week high of $18.29 and way higher than its 52-week low of $12.85.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 46.95M for the twelve trailing months.
3. Great Elm Capital Corp. (GECC)
87.72% Payout Ratio
Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.
Earnings Per Share
As for profitability, Great Elm Capital Corp. has a trailing twelve months EPS of $1.71.
PE Ratio
Great Elm Capital Corp. has a trailing twelve months price to earnings ratio of 6.23. Meaning, the purchaser of the share is investing $6.23 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 14.3%.
Moving Average
Great Elm Capital Corp.’s worth is higher than its 50-day moving average of $9.97 and way above its 200-day moving average of $9.00.
Revenue Growth
Year-on-year quarterly revenue growth grew by 53.8%, now sitting on 33.99M for the twelve trailing months.
4. Booz Allen Hamilton Holding Corporation (BAH)
82.51% Payout Ratio
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations. It also provides analytics services, which focuses on delivering transformational solutions in the areas of artificial intelligence, such as machine learning, deep learning; data science, such as data engineering and predictive modeling; automation and decision analytics; and quantum computing. In addition, the company designs, develops, and implements solutions built on contemporary methodologies and modern architectures; delivers engineering services and solutions to define, develop, implement, sustain, and modernize complex physical systems; and provides cyber risk management solutions, such as prevention, detection, and cost effectiveness. Booz Allen Hamilton Holding Corporation was founded in 1914 and is headquartered in McLean, Virginia.
Earnings Per Share
As for profitability, Booz Allen Hamilton Holding Corporation has a trailing twelve months EPS of $2.23.
PE Ratio
Booz Allen Hamilton Holding Corporation has a trailing twelve months price to earnings ratio of 55.34. Meaning, the purchaser of the share is investing $55.34 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 25.71%.
Moving Average
Booz Allen Hamilton Holding Corporation’s worth is below its 50-day moving average of $125.49 and way higher than its 200-day moving average of $112.13.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16%, now sitting on 10.03B for the twelve trailing months.
Yearly Top and Bottom Value
Booz Allen Hamilton Holding Corporation’s stock is valued at $123.41 at 07:23 EST, below its 52-week high of $131.28 and way above its 52-week low of $87.99.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Booz Allen Hamilton Holding Corporation’s EBITDA is 54.88.
5. American Electric Power Company (AEP)
76.15% Payout Ratio
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.
Earnings Per Share
As for profitability, American Electric Power Company has a trailing twelve months EPS of $4.36.
PE Ratio
American Electric Power Company has a trailing twelve months price to earnings ratio of 19.14. Meaning, the purchaser of the share is investing $19.14 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 9.06%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 22.9% and 28.8%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 8, 2023, the estimated forward annual dividend rate is 3.52 and the estimated forward annual dividend yield is 4.19%.
6. Alliancebernstein Global High Income Fund (AWF)
55.85% Payout Ratio
AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of JPMorgan Government Bond Index-Emerging Markets, JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. It was previously known as Alliance World Dollar Government Fund II, Inc. AllianceBernstein Global High Income Fund was formed on May 20, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Alliancebernstein Global High Income Fund has a trailing twelve months EPS of $1.29.
PE Ratio
Alliancebernstein Global High Income Fund has a trailing twelve months price to earnings ratio of 7.86. Meaning, the purchaser of the share is investing $7.86 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 12.55%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.2%, now sitting on 71.24M for the twelve trailing months.
Moving Average
Alliancebernstein Global High Income Fund’s value is above its 50-day moving average of $9.77 and above its 200-day moving average of $9.76.
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%.
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.
