(VIANEWS) – Paramount Group (PGRE), Cogent Communications Holdings (CCOI), Calamos Convertible and High Income Fund (CHY) 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 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. Paramount Group (PGRE)
1512.5% Payout Ratio
Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.
Earnings Per Share
As for profitability, Paramount Group has a trailing twelve months EPS of $-0.98.
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 -6.73%.
Sales Growth
Paramount Group’s sales growth is 0.7% for the current quarter and negative 4.3% for the next.
Volume
Today’s last reported volume for Paramount Group is 531620 which is 52.42% below its average volume of 1117380.
2. Cogent Communications Holdings (CCOI)
498.7% Payout Ratio
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
Earnings Per Share
As for profitability, Cogent Communications Holdings has a trailing twelve months EPS of $0.77.
PE Ratio
Cogent Communications Holdings has a trailing twelve months price to earnings ratio of 93.16. Meaning, the purchaser of the share is investing $93.16 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 9.59%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 5.8% and a drop 126.1% for the next.
3. Calamos Convertible and High Income Fund (CHY)
118.81% Payout Ratio
Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative analysis to create its portfolio. Calamos Convertible and High Income Fund was formed on March 12, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Calamos Convertible and High Income Fund has a trailing twelve months EPS of $1.01.
PE Ratio
Calamos Convertible and High Income Fund has a trailing twelve months price to earnings ratio of 11.2. Meaning, the purchaser of the share is investing $11.2 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 9.61%.
Volume
Today’s last reported volume for Calamos Convertible and High Income Fund is 116972 which is 26.21% below its average volume of 158529.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 9, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 10.65%.
Yearly Top and Bottom Value
Calamos Convertible and High Income Fund’s stock is valued at $11.31 at 14:23 EST, below its 52-week high of $12.16 and above its 52-week low of $10.73.
Revenue Growth
Year-on-year quarterly revenue growth declined by 52.8%, now sitting on 18.84M for the twelve trailing months.
4. Frontline Ltd. Ordinary Shares (FRO)
75.87% Payout Ratio
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Frontline Ltd. Ordinary Shares has a trailing twelve months EPS of $2.86.
PE Ratio
Frontline Ltd. Ordinary Shares has a trailing twelve months price to earnings ratio of 8.39. Meaning, the purchaser of the share is investing $8.39 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 27.74%.
Moving Average
Frontline Ltd. Ordinary Shares’s value is below its 50-day moving average of $24.30 and above its 200-day moving average of $23.41.
Volume
Today’s last reported volume for Frontline Ltd. Ordinary Shares is 1365620 which is 0.87% above its average volume of 1353740.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 2.48 and the estimated forward annual dividend yield is 10.33%.
5. HireQuest (HQI)
57.14% Payout Ratio
HireQuest, Inc. provides on-demand and temporary staffing solutions in the United States. The company provides temporary staffing services, including skilled and semi-skilled labor and industrial personnel, clerical and administrative personnel, and construction personnel. As of March 25, 2021, the company had a network of approximately 139 franchisee-owned offices in 35 states and the District of Columbia. It serves customers primarily in the construction, industrial/manufacturing, warehousing, hospitality, recycling/waste management, disaster recovery, logistics, auctioneering, landscaping, and retail industries. The company was formerly known as Command Center, Inc. and changed its name to HireQuest, Inc. in September 2019. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.
Earnings Per Share
As for profitability, HireQuest has a trailing twelve months EPS of $0.42.
PE Ratio
HireQuest has a trailing twelve months price to earnings ratio of 31.93. Meaning, the purchaser of the share is investing $31.93 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 9.15%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 30, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 1.77%.
Yearly Top and Bottom Value
HireQuest’s stock is valued at $13.41 at 14:23 EST, way under its 52-week high of $20.17 and way above its 52-week low of $11.39.
Moving Average
HireQuest’s worth is above its 50-day moving average of $12.83 and under its 200-day moving average of $13.43.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 15.4% and 750%, respectively.
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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
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).
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).
