(VIANEWS) – Coca Cola Femsa S.A.B. de C.V. (KOF), Pimco Corporate & Income Strategy Fund (PCN), Landmark Bancorp (LARK) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio so far. 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 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. Coca Cola Femsa S.A.B. de C.V. (KOF)
339.41% Payout Ratio
Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and still beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports drinks, energy drinks, and plant-based drinks. It provides a portfolio of products through retail outlets, such as wholesale supermarkets, discount stores, and convenience stores; retailers, such as restaurants and bars, as well as stadiums, auditoriums, and theaters; points-of-sale outlets; and home delivery and other locations. The company also distributes and sells Heineken beer products in its Brazilian territories. It operates in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. Coca-Cola FEMSA, S.A.B. de C.V. was founded in 1979 and is based in Mexico City, Mexico. Coca-Cola FEMSA, S.A.B. de C.V. is a subsidiary of Fomento Economico Mexicano, S.A.B. de C.V.
Earnings Per Share
As for profitability, Coca Cola Femsa S.A.B. de C.V. has a trailing twelve months EPS of $0.94.
PE Ratio
Coca Cola Femsa S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 88.04. Meaning, the purchaser of the share is investing $88.04 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 16.83%.
Moving Average
Coca Cola Femsa S.A.B. de C.V. ‘s value is below its 50-day moving average of $86.15 and way higher than its 200-day moving average of $74.44.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 16.4% and 18.4%, respectively.
Volume
Today’s last reported volume for Coca Cola Femsa S.A.B. de C.V. is 164394 which is 6.5% below its average volume of 175839.
2. Pimco Corporate & Income Strategy Fund (PCN)
160.71% Payout Ratio
PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company 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 fixed income securities such as treasury bonds, corporate notes, U.S. government agency securities, mortgage backed and asset-backed securities. The fund employs fundamental analysis with a top-down security selection process to create its portfolio. The fund was formerly known as PIMCO Corporate Income Fund. PIMCO Corporate & Income Strategy Fund was formed on October 17, 2001 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco Corporate & Income Strategy Fund has a trailing twelve months EPS of $0.84.
PE Ratio
Pimco Corporate & Income Strategy Fund has a trailing twelve months price to earnings ratio of 16.11. Meaning, the purchaser of the share is investing $16.11 for every dollar of annual earnings.
Volume
Today’s last reported volume for Pimco Corporate & Income Strategy Fund is 108523 which is 7.13% below its average volume of 116859.
Yearly Top and Bottom Value
Pimco Corporate & Income Strategy Fund’s stock is valued at $13.53 at 02:23 EST, under its 52-week high of $14.58 and way above its 52-week low of $11.48.
Moving Average
Pimco Corporate & Income Strategy Fund’s value is above its 50-day moving average of $12.90 and higher than its 200-day moving average of $12.72.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 11, 2023, the estimated forward annual dividend rate is 1.35 and the estimated forward annual dividend yield is 9.85%.
3. Landmark Bancorp (LARK)
41.97% Payout Ratio
Landmark Bancorp, Inc. operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as time deposits and certificates of deposit. The company also one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services. It has 30 branch offices in 24 communities across the state of Kansas. The company was founded in 1885 and is headquartered in Manhattan, Kansas.
Earnings Per Share
As for profitability, Landmark Bancorp has a trailing twelve months EPS of $1.93.
PE Ratio
Landmark Bancorp has a trailing twelve months price to earnings ratio of 11.09. Meaning, the purchaser of the share is investing $11.09 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 8.38%.
Moving Average
Landmark Bancorp’s worth is above its 50-day moving average of $21.09 and below its 200-day moving average of $22.69.
Yearly Top and Bottom Value
Landmark Bancorp’s stock is valued at $21.40 at 02:23 EST, way below its 52-week high of $27.20 and way above its 52-week low of $19.15.
4. Mizuho Financial Group (MFG)
38.86% Payout Ratio
Mizuho Financial Group, Inc., together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments. The company provides deposit products; syndicated, housing, and card loans; business matching services; and advisory services related to overseas expansions, and mergers and acquisitions-related services. It also offers consulting services, including asset management and asset succession; payroll services; and sells lottery tickets issued by prefectures and ordinance-designated cities. In addition, it offers fund management, underwriting of equity and bonds, risk hedging products, etc. for corporate customers; solutions based on capital management, business strategy, and financial strategy; real estate services; advisory services and solutions, such as advice on proposals on various investment products to financial institutions; and financial services that include funding support and public bonds underwriting. Further, the company offers corporate finance and transaction banking srvices; sales and trading services; investment products; pension funds; and ALM and investment services, including stable capital raising and balance sheet management, as well as management of fixed income, equity, and other securities portfolios. Additionally, the company provides online banking, cash management solutions, currency transaction, trade finance, custody, yen correspondence settlement, and research and consulting services; trust, securitization and structured finance, and stock transfers; and private banking and information technology-related services. Mizuho Financial Group, Inc. was founded in 2000 and is headquartered in Tokyo, Japan.
Earnings Per Share
As for profitability, Mizuho Financial Group has a trailing twelve months EPS of $0.31.
PE Ratio
Mizuho Financial Group has a trailing twelve months price to earnings ratio of 10.5. Meaning, the purchaser of the share is investing $10.5 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 0.35%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 3.76%.
Moving Average
Mizuho Financial Group’s worth is above its 50-day moving average of $3.01 and way higher than its 200-day moving average of $2.80.
