(VIANEWS) – Western Asset High Income Fund II (HIX), UPS (UPS), Cognex Corporation (CGNX) 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. Western Asset High Income Fund II (HIX)
534.55% Payout Ratio
Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in securities of companies that operate across diversified sectors. It invests in high yield debt securities issued by U.S., foreign corporations and foreign governments. The fund employs a combination of quantitative and fundamental analysis with bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. Western Asset High Income Fund II, Inc. was formed on May 28, 1998 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset High Income Fund II has a trailing twelve months EPS of $0.11.
PE Ratio
Western Asset High Income Fund II has a trailing twelve months price to earnings ratio of 40.72. Meaning, the purchaser of the share is investing $40.72 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 2.08%.
Yearly Top and Bottom Value
Western Asset High Income Fund II’s stock is valued at $4.48 at 08:23 EST, way below its 52-week high of $5.36 and above its 52-week low of $4.16.
Volume
Today’s last reported volume for Western Asset High Income Fund II is 280006 which is 12.83% below its average volume of 321250.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 20, 2024, the estimated forward annual dividend rate is 0.59 and the estimated forward annual dividend yield is 13.3%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.7%, now sitting on 43.2M for the twelve trailing months.
2. UPS (UPS)
64.57% Payout Ratio
United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services comprising guaranteed time-definite express options in Europe, Asia, the Indian sub-continent, the Middle East, Africa, Canada, and Latin America. The company also offers international air and ocean freight forwarding, post-sales, and mail and consulting services. In addition, it provides truckload and customs brokerage services; supply chain solutions to the healthcare and life sciences industries; fulfillment and transportation management services; and integrated supply chain and shipment insurance solutions. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, UPS has a trailing twelve months EPS of $7.8.
PE Ratio
UPS has a trailing twelve months price to earnings ratio of 19.73. Meaning, the purchaser of the share is investing $19.73 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 47.31%.
Volume
Today’s last reported volume for UPS is 4100790 which is 2.11% above its average volume of 4015920.
Yearly Top and Bottom Value
UPS’s stock is valued at $153.89 at 08:23 EST, way under its 52-week high of $197.80 and way higher than its 52-week low of $133.68.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.8%, now sitting on 93.07B for the twelve trailing months.
3. Cognex Corporation (CGNX)
43.85% Payout Ratio
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.
Earnings Per Share
As for profitability, Cognex Corporation has a trailing twelve months EPS of $0.65.
PE Ratio
Cognex Corporation has a trailing twelve months price to earnings ratio of 61.12. Meaning, the purchaser of the share is investing $61.12 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 7.69%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 38.5% and a negative 34.4%, respectively.
4. MKS Instruments (MKSI)
37.45% Payout Ratio
MKS Instruments, Inc. provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. Its Vacuum & Analysis segment offers pressure and vacuum control solutions, including direct and indirect pressure measurement; materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems, which provide customers with precise control capabilities; power delivery products, such as microwave, power delivery systems, radio frequency matching networks, and metrology products used in providing energy to etching, stripping, and deposition processes; and plasma and reactive gas products. The company's Light & Motion segment offers laser-based systems, such as amplifiers, fiber lasers, diode-pumped solid-state lasers, high-energy pulsed lasers, and tunable lasers; and photonics products comprising optical components, lens assemblies, and vibration isolation solutions, as well as instruments and motion products, such as high-precision motion stages and controls, hexapods, photonics instruments for measurement and analysis, and production equipment for test and measurement. Its Equipment & Solutions segment provides laser-based systems for printed circuit board (PCB) manufacturing, including flexible interconnect PCB processing systems and high-density interconnect solutions for rigid PCB manufacturing and substrate processing, as well as passive component multilayer ceramic capacitor testing. The company serves semiconductor, industrial technologies, life and health sciences, research, and defense markets. It markets and sells its products and services through its direct sales organization, independent distributors, and sales representatives, as well as through its websites and product catalogs. MKS Instruments, Inc. was founded in 1961 and is headquartered in Andover, Massachusetts.
Earnings Per Share
As for profitability, MKS Instruments has a trailing twelve months EPS of $-27.54.
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 -52.94%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.9%, now sitting on 3.62B for the twelve trailing months.
Yearly Top and Bottom Value
MKS Instruments’s stock is valued at $128.47 at 08:23 EST, below its 52-week high of $129.72 and way above its 52-week low of $63.44.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MKS Instruments’s EBITDA is 3.52.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 23, 2024, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 0.69%.
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.
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).
