(VIANEWS) – Eaton Vance Tax (EXG), Whitestone REIT (WSR), Diageo (DEO) 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 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. Eaton Vance Tax (EXG)
163.42% Payout Ratio
Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. 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. The fund also invests through derivatives. It also writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Managed Global Diversified Equity Income Fund was formed on February 27, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.46.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 17.13. Meaning, the purchaser of the share is investing $17.13 for every dollar of annual earnings.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 20, 2023, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 8.5%.
Moving Average
Eaton Vance Tax’s value is above its 50-day moving average of $7.85 and above its 200-day moving average of $7.72.
2. Whitestone REIT (WSR)
73.85% Payout Ratio
Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone's strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.
Earnings Per Share
As for profitability, Whitestone REIT has a trailing twelve months EPS of $0.65.
PE Ratio
Whitestone REIT has a trailing twelve months price to earnings ratio of 15.09. Meaning, the purchaser of the share is investing $15.09 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 7.9%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 31, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 4.89%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Whitestone REIT’s EBITDA is 54.28.
3. Diageo (DEO)
47.12% Payout Ratio
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Ciroc, Buchanan's, Casamigos, J&B, and Ketel One brands. The company operates in North America, Europe, Turkey, Africa, Latin America, the Caribbean, the Asia Pacific, and internationally. The company was incorporated in 1886 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Diageo has a trailing twelve months EPS of $8.15.
PE Ratio
Diageo has a trailing twelve months price to earnings ratio of 21.8. Meaning, the purchaser of the share is investing $21.8 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 38.1%.
4. ManpowerGroup (MAN)
39.36% Payout Ratio
ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. In addition, the company provides workforce consulting services; contingent staffing and permanent recruitment services; professional resourcing and project-based solutions in information technology, engineering, and finance fields; solutions in the areas of organizational efficiency, individual development, and career mobility; and recruitment process outsourcing, TAPFIN managed, and talent based outsourcing services, as well as Proservia services in the areas of digital services market and IT infrastructure sector. It operates through a network of approximately 2,500 offices in 75 countries and territories. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, ManpowerGroup has a trailing twelve months EPS of $6.75.
PE Ratio
ManpowerGroup has a trailing twelve months price to earnings ratio of 12.28. Meaning, the purchaser of the share is investing $12.28 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 14.21%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 2.94 and the estimated forward annual dividend yield is 3.61%.
Yearly Top and Bottom Value
ManpowerGroup’s stock is valued at $82.89 at 02:23 EST, way under its 52-week high of $92.43 and way higher than its 52-week low of $64.00.
Volume
Today’s last reported volume for ManpowerGroup is 355606 which is 8.58% below its average volume of 388998.
Previous days news about ManpowerGroup (MAN)
- : manpowergroup stock set to fall after profit misses, amid a challenging recruiting environment. According to MarketWatch on Thursday, 20 July, "Shares of ManpowerGroup were indicated down about 1% in premarket trading Thursday, after the staffing and headhunter services company reported second-quarter profit that missed expectations, amid a challenging environment for recruitment and resourcing in the U.S. and Europe. "
5. Masco Corporation (MAS)
31.6% Payout Ratio
Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company operates through two segments, Plumbing Products and Decorative Architectural Products. The Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; thermoplastic extrusions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products. This segment provides its products under the DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HÜPPE, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, COBRA PRO, and MASTER PLUMBER brands. The Decorative Architectural Products segment offers paints, primers, specialty coatings, stains, and waterproofing products; cabinet and door hardware, functional hardware, wall plates, hook and rail products, and picture hanging accessories; decorative bath hardware, and shower accessories and doors; and decorative indoor and outdoor lighting fixtures, ceiling fans, landscape lighting, and LED lighting systems. This segment provides its products under the BEHR, KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, KICHLER, and ÉLAN brands. It sells its products to the plumbing, heating, and hardware wholesalers; home centers and online retailers; hardware stores; electrical and landscape distributors; lighting showrooms; building supply outlets; and other mass merchandisers. Masco Corporation was founded in 1929 and is headquartered in Livonia, Michigan.
Earnings Per Share
As for profitability, Masco Corporation has a trailing twelve months EPS of $3.5.
PE Ratio
Masco Corporation has a trailing twelve months price to earnings ratio of 16.86. Meaning, the purchaser of the share is investing $16.86 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 1.14 and the estimated forward annual dividend yield is 1.97%.
