(VIANEWS) – Gabelli Utility Trust (GUT), BlackRock New York Municipal Income Trust (BNY), Blackrock Municipal Income Quality Trust (BYM) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up to 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. Gabelli Utility Trust (GUT)
684.7% Payout Ratio
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.
Earnings Per Share
As for profitability, Gabelli Utility Trust 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 -2.14%.
Volume
Today’s last reported volume for Gabelli Utility Trust is 128941 which is 36.53% below its average volume of 203166.
2. BlackRock New York Municipal Income Trust (BNY)
65.43% Payout Ratio
BlackRock New York Municipal Income Trust 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 the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock New York Municipal Income Trust has a trailing twelve months EPS of $-0.03.
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 -0.49%.
Yearly Top and Bottom Value
BlackRock New York Municipal Income Trust’s stock is valued at $10.23 at 10:23 EST, under its 52-week high of $11.36 and way higher than its 52-week low of $8.60.
3. Blackrock Municipal Income Quality Trust (BYM)
65.05% Payout Ratio
BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax. BlackRock Municipal Income Quality Trust was formed on October 31, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Municipal Income Quality Trust has a trailing twelve months EPS of $-0.1.
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 -2.53%.
Volume
Today’s last reported volume for Blackrock Municipal Income Quality Trust is 77064 which is 9.73% below its average volume of 85374.
Yearly Top and Bottom Value
Blackrock Municipal Income Quality Trust’s stock is valued at $10.94 at 10:23 EST, below its 52-week high of $12.09 and way higher than its 52-week low of $9.30.
4. Cintas Corporation (CTAS)
36.09% Payout Ratio
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.
Earnings Per Share
As for profitability, Cintas Corporation has a trailing twelve months EPS of $13.29.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 41.54. Meaning, the purchaser of the share is investing $41.54 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 37.81%.
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).
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
