(VIANEWS) – Voya Global Equity Dividend and Premium Opportunity Fund (IGD), The Shyft Group (SHYF), The Cheesecake Factory Incorporated (CAKE) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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. Voya Global Equity Dividend and Premium Opportunity Fund (IGD)
120% Payout Ratio
Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies having a market capitalization of $1 billion or more. The fund also invests through call options on selected indices, individual securities, and/or exchange traded funds. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index and the Chicago Board Options Exchange BuyWrite Monthly Index. It was formerly known as ING Global Equity Dividend and Premium Opportunity Fund. Voya Global Equity Dividend and Premium Opportunity Fund was formed on March 28, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Voya Global Equity Dividend and Premium Opportunity Fund has a trailing twelve months EPS of $0.4.
PE Ratio
Voya Global Equity Dividend and Premium Opportunity Fund has a trailing twelve months price to earnings ratio of 13.78. Meaning, the purchaser of the share is investing $13.78 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 6.48%.
Volume
Today’s last reported volume for Voya Global Equity Dividend and Premium Opportunity Fund is 191891 which is 31.47% below its average volume of 280025.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 1, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 11.17%.
Moving Average
Voya Global Equity Dividend and Premium Opportunity Fund’s worth is higher than its 50-day moving average of $5.25 and above its 200-day moving average of $5.09.
Yearly Top and Bottom Value
Voya Global Equity Dividend and Premium Opportunity Fund’s stock is valued at $5.51 at 20:23 EST, under its 52-week high of $5.65 and way higher than its 52-week low of $4.60.
2. The Shyft Group (SHYF)
105.26% Payout Ratio
The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment manufactures and sells commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment engineers and manufactures luxury class A diesel motor home chassis; and manufactures and assembles truck bodies under the Royal Truck Body and DuraMag brands. It also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. The Shyft Group, Inc. sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.
Earnings Per Share
As for profitability, The Shyft Group has a trailing twelve months EPS of $-0.06.
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 -0.94%.
Volume
Today’s last reported volume for The Shyft Group is 371214 which is 1.67% below its average volume of 377538.
Moving Average
The Shyft Group’s worth is way above its 50-day moving average of $12.38 and way higher than its 200-day moving average of $11.71.
Sales Growth
The Shyft Group’s sales growth is 3.2% for the current quarter and 5.4% for the next.
3. The Cheesecake Factory Incorporated (CAKE)
45% Payout Ratio
The Cheesecake Factory Incorporated operates restaurants. It operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. As of October 27, 2022, the company owned and operated 312 restaurants in the United States and Canada under brands, including The Cheesecake Factory, North Italia, and a collection of Fox Restaurant Concepts, as well as 29 The Cheesecake Factory restaurants under licensing agreements internationally. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.
Earnings Per Share
As for profitability, The Cheesecake Factory Incorporated has a trailing twelve months EPS of $2.4.
PE Ratio
The Cheesecake Factory Incorporated has a trailing twelve months price to earnings ratio of 15.08. Meaning, the purchaser of the share is investing $15.08 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 33.22%.
Volume
Today’s last reported volume for The Cheesecake Factory Incorporated is 44062 which is 95.86% below its average volume of 1065580.
4. Columbia Sportswear Company (COLM)
32.26% Payout Ratio
Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports, yoga, golf, and adventure travel. It also offers footwear products that include lightweight hiking boots, trail running shoes, rugged cold weather boots for activities on snow and ice, sandals and shoes for use in water activities, and function-first fashion footwear and casual shoes for everyday use. The company sells its products under the Columbia, Mountain Hard Wear, SOREL, and prAna brand names through the company owned network of branded and outlet retail stores, brand-specific e-commerce sites, and concession-based arrangements with third-parties at branded outlet and shop-in-shop retail locations, as well as through independently operated specialty outdoor and sporting goods stores, sporting goods chains, department store chains, Internet retailers, and international distributors. As of December 31, 2020, it operated approximately 450 retail stores. The company was founded in 1938 and is headquartered in Portland, Oregon.
Earnings Per Share
As for profitability, Columbia Sportswear Company has a trailing twelve months EPS of $3.7.
PE Ratio
Columbia Sportswear Company has a trailing twelve months price to earnings ratio of 21.62. Meaning, the purchaser of the share is investing $21.62 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 12.3%.
Moving Average
Columbia Sportswear Company’s value is under its 50-day moving average of $80.31 and above its 200-day moving average of $79.36.
Volume
Today’s last reported volume for Columbia Sportswear Company is 364249 which is 22.29% below its average volume of 468733.
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
According to 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.
