(VIANEWS) – Ivy High Income Opportunities Fund (IVH), SK Telecom (SKM), Lumen Technologies (LUMN) 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 promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. Ivy High Income Opportunities Fund (IVH)
1776% Payout Ratio
Ivy Funds – Ivy High Income Opportunities Fund is a closed ended fixed income mutual fund launched and managed by Ivy Investment Management Company. The fund invests in fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in high-yield corporate bonds of various maturities, secured loans, and other corporate fixed-income instruments, which are rated below investment grade (below Baa3 by Moody's or below BBB- by either S&P or Fitch). Ivy Funds – Ivy High Income Opportunities Fund was formed on May 29, 2013 and is domiciled in the United States.
Yearly Top and Bottom Value
Ivy High Income Opportunities Fund’s stock is valued at $12.15 at 13:23 EST, below its 52-week high of $13.38 and way above its 52-week low of $9.99.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 13, 2022, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 8.6%.
Moving Average
Ivy High Income Opportunities Fund’s worth is higher than its 50-day moving average of $11.16 and way above its 200-day moving average of $11.01.
2. SK Telecom (SKM)
112.59% Payout Ratio
SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, and metaverse platform-based services, as well as sells wireless devices. The Fixed-Line Telecommunications Services segment provides fixed-line telephone services; broadband Internet services; media platform services, such as Internet protocol TV and cable TV; and business communications services. The Other Businesses segment offers television shopping services under the T-commerce brand, as well as portal services. In addition, it provides call center management, base station maintenance, information gathering and consulting, system software development and supply, quantum information and communications, data base and internet website, and digital contents sourcing services; manufactures and sells e-book; sells contents and mastering quality sound album; sells and trades in anti-theft and surveillance devices; and operates information and communications facilities. As of December 31, 2021, the company had 3.6 million fixed-line telephone and 31.9 million wireless subscribers. SK Telecom Company Limited was incorporated in 1984 and is headquartered in Seoul, South Korea.
Earnings Per Share
As for profitability, SK Telecom has a trailing twelve months EPS of $2.03.
PE Ratio
SK Telecom has a trailing twelve months price to earnings ratio of 10.16. Meaning,
the purchaser of the share is investing $10.16 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 4.95%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 28, 2022, the estimated forward annual dividend rate is 1.84 and the estimated forward annual dividend yield is 9.41%.
Volume
Today’s last reported volume for SK Telecom is 509792 which is 26.66% above its average volume of 402480.
Moving Average
SK Telecom’s worth is below its 50-day moving average of $20.92 and below its 200-day moving average of $22.23.
3. Lumen Technologies (LUMN)
48.54% Payout Ratio
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services, and managed security services; and IP and data services, including VPN data network, Ethernet, internet protocol (IP), and voice over internet protocol. The company also provides fiber infrastructure services comprising high bandwidth optical wavelength networks; and unlit optical fiber and related professional services. In addition, it offers voice and other services, including private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; a portfolio of traditional time division multiplexing voice services; and synchronous optical network-based Ethernet, legacy data hosting services, and conferencing services. As of December 31, 2021, the company served approximately 4.5 million broadband subscribers. The company was formerly known as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. Lumen Technologies, Inc. was incorporated in 1968 and is headquartered in Monroe, Louisiana.
Earnings Per Share
As for profitability, Lumen Technologies has a trailing twelve months EPS of $-0.71.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.68%.
Moving Average
Lumen Technologies’s value is way under its 50-day moving average of $11.33 and way under its 200-day moving average of $11.96.
4. Auburn National Bancorporation (AUBN)
35.93% Payout Ratio
Auburn National Bancorporation, Inc. operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company's deposit products include checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services. In addition, the company offers automated teller services; debit cards; online banking, bill payment, and other electronic services; and safe deposit boxes. It operates through seven full-service branches in Auburn, Opelika, Notasulga, and Valley, Alabama; as well as loan production offices in Auburn and Phenix City, Alabama. Auburn National Bancorporation, Inc. was founded in 1907 and is headquartered in Auburn, Alabama.
Earnings Per Share
As for profitability, Auburn National Bancorporation has a trailing twelve months EPS of $2.95.
PE Ratio
Auburn National Bancorporation has a trailing twelve months price to earnings ratio of 8.01. Meaning,
the purchaser of the share is investing $8.01 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 12.65%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 46%, now sitting on 32.67M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 7, 2022, the estimated forward annual dividend rate is 1.06 and the estimated forward annual dividend yield is 4.37%.
Yearly Top and Bottom Value
Auburn National Bancorporation’s stock is valued at $23.62 at 13:23 EST, way below its 52-week high of $37.11 and above its 52-week low of $21.77.
5. Cintas Corporation (CTAS)
33.53% 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. It also offers first aid and safety services, and fire protection products and services. The company 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 headquartered in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Cintas Corporation has a trailing twelve months EPS of $9.14.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 48.4. Meaning,
the purchaser of the share is investing $48.4 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 38.42%.
Volume
Today’s last reported volume for Cintas Corporation is 254447 which is 32.74% below its average volume of 378337.
