(VIANEWS) – Cato Corporation (CATO), Center Coast MLP & Infrastructure Fund (CEN), Maximus (MMS) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio at the moment. 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 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. 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 $-0.08.
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 -0.8%.
Yearly Top and Bottom Value
Cato Corporation’s stock is valued at $7.11 at 02:23 EST, way below its 52-week high of $12.11 and higher than its 52-week low of $7.00.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 9.58%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.1%, now sitting on 730.6M for the twelve trailing months.
2. Center Coast MLP & Infrastructure Fund (CEN)
3000% Payout Ratio
Center Coast MLP & Infrastructure Fund is a closed-ended balanced mutual fund launched and managed by Center Coast Capital Advisors, LP. The fund invests in public equity and fixed income markets of North America. It seeks to invest in securities of companies operating in the energy infrastructure sector. The fund primarily invests in equity and debt securities of MLPs and other entities holding primarily general or limited partner or managing member interests in MLPs. For its fixed income portion, the fund seeks to invest in securities across all credit ratings. It employs quantitative analysis with a focus on such factors as cash flow, yield, relative valuation, contract structure, operating risk, competitive environment, growth potential, operational expertise, and strength of business plan to create its portfolio. Center Coast MLP & Infrastructure Fund was formed on September 26, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Center Coast MLP & Infrastructure Fund has a trailing twelve months EPS of $0.03.
PE Ratio
Center Coast MLP & Infrastructure Fund has a trailing twelve months price to earnings ratio of 691. Meaning, the purchaser of the share is investing $691 for every dollar of annual earnings.
Moving Average
Center Coast MLP & Infrastructure Fund’s worth is below its 50-day moving average of $20.98 and above its 200-day moving average of $19.37.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 11, 2023, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 4.34%.
3. Maximus (MMS)
40.14% Payout Ratio
Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; system implementation project management services; and specialized consulting services. The U.S. Federal Services segment offers BPS, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, including application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, and infrastructure and engineering solutions. The Outside the U.S. segment offers BPS solutions for international governments and commercial clients, including health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker-related services. The company was incorporated in 1975 and is based in Tysons, Virginia.
Earnings Per Share
As for profitability, Maximus has a trailing twelve months EPS of $2.79.
PE Ratio
Maximus has a trailing twelve months price to earnings ratio of 27.76. Meaning, the purchaser of the share is investing $27.76 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 10.89%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 1.51%.
Volume
Today’s last reported volume for Maximus is 49500 which is 82.8% below its average volume of 287906.
Sales Growth
Maximus’s sales growth for the current quarter is 7.6%.
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.
