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CONMED Corporation And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Western Asset Bond Fund Share of Beneficial Interest (WEA), BHP Billiton Limited (BHP), Reynolds Consumer Products (REYN) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. Western Asset Bond Fund Share of Beneficial Interest (WEA)

132% Payout Ratio

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months EPS of $0.61.

PE Ratio

Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months price to earnings ratio of 17.75. Meaning, the purchaser of the share is investing $17.75 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 5.36%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 19, 2023, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 7.87%.

Yearly Top and Bottom Value

Western Asset Bond Fund Share of Beneficial Interest’s stock is valued at $10.83 at 04:23 EST, under its 52-week high of $11.80 and way higher than its 52-week low of $9.60.

Volume

Today’s last reported volume for Western Asset Bond Fund Share of Beneficial Interest is 20572 which is 36.92% below its average volume of 32614.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 13.6M for the twelve trailing months.

2. BHP Billiton Limited (BHP)

104.04% Payout Ratio

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal. The company is also involved in mining, smelting, and refining of nickel; and potash development activities. In addition, it provides towing, freight, marketing and trading, marketing support, finance, administrative, and other services. BHP Group Limited was founded in 1851 and is headquartered in Melbourne, Australia.

Earnings Per Share

As for profitability, BHP Billiton Limited has a trailing twelve months EPS of $5.1.

PE Ratio

BHP Billiton Limited has a trailing twelve months price to earnings ratio of 12.17. Meaning, the purchaser of the share is investing $12.17 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 29.44%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 6, 2023, the estimated forward annual dividend rate is 3.4 and the estimated forward annual dividend yield is 5.4%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 18.5%, now sitting on 54.18B for the twelve trailing months.

Volume

Today’s last reported volume for BHP Billiton Limited is 1280910 which is 45.74% below its average volume of 2360760.

Moving Average

BHP Billiton Limited’s value is higher than its 50-day moving average of $58.06 and above its 200-day moving average of $59.24.

3. Reynolds Consumer Products (REYN)

71.88% Payout Ratio

Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and E-Z Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including blue and clear recycling bags, compostable bags, bags made from recycled materials, and the Hefty EnergyBag Program. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. Reynolds Consumer Products Inc. offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.

Earnings Per Share

As for profitability, Reynolds Consumer Products has a trailing twelve months EPS of $1.28.

PE Ratio

Reynolds Consumer Products has a trailing twelve months price to earnings ratio of 20.35. Meaning, the purchaser of the share is investing $20.35 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 14.47%.

Yearly Top and Bottom Value

Reynolds Consumer Products’s stock is valued at $26.05 at 04:23 EST, way below its 52-week high of $32.50 and higher than its 52-week low of $24.80.

Volume

Today’s last reported volume for Reynolds Consumer Products is 27185 which is 90.28% below its average volume of 279896.

4. 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 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 provides international air and ocean freight forwarding, post-sales, and mail and consulting services. In addition, it offers truckload brokerage services; supply chain solutions to the healthcare and life sciences industries; financial and information services; and fulfillment and transportation management services. 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 $9.88.

PE Ratio

UPS has a trailing twelve months price to earnings ratio of 15.82. Meaning, the purchaser of the share is investing $15.82 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%.

Moving Average

UPS’s value is above its 50-day moving average of $149.25 and under its 200-day moving average of $170.06.

Earnings Before Interest, Taxes, Depreciation, and Amortization

UPS’s EBITDA is 1.63.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 30.4% and a negative 10%, respectively.

5. CONMED Corporation (CNMD)

42.11% Payout Ratio

CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures worldwide. It offers orthopedic surgery products, including sports medicine products comprising powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, and metal and bioabsorbable implants, as well as related disposable products and fluid management systems; powered surgical instruments for use in bone orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal, and cardiothoracic surgeries; sports biologics and tissue products; and surgical visualization products. The company markets orthopedic surgery products under the Hall, CONMED Linvatec, Concept, and Shutt brands. It also offers general surgery products, such as clinical insufflation, smoke evacuation, electrosurgical, and endomechanical products; and endoscopic technologies, including diagnostic and therapeutic products for use in gastroenterology procedures, and products for the treatment of diseases of the biliary structures, as well as cardiac monitoring products comprising ECG and EEG electrodes, and cardiac defibrillation pads. The company markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida.

Earnings Per Share

As for profitability, CONMED Corporation has a trailing twelve months EPS of $1.9.

PE Ratio

CONMED Corporation has a trailing twelve months price to earnings ratio of 57.32. Meaning, the purchaser of the share is investing $57.32 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 7.67%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 1.17B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 14, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 0.74%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

CONMED Corporation’s EBITDA is 3.69.

Yearly Top and Bottom Value

CONMED Corporation’s stock is valued at $108.90 at 04:23 EST, way under its 52-week high of $138.47 and way above its 52-week low of $82.97.

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).

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

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).

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