(VIANEWS) – Macquarie/First Trust Global (MFD), Gabelli Utility Trust (GUT), Dreyfus Strategic Municipals (LEO) 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 guarantee 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. Macquarie/First Trust Global (MFD)
1000% Payout Ratio
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure and utilities sectors. The fund primarily invests in dividend-paying stocks of companies. It benchmarks the performance of its portfolio against the S&P 500 Utilities Total Return Index. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund was formed on March 25, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Macquarie/First Trust Global has a trailing twelve months EPS of $-0.97.
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 -9.83%.
Volume
Today’s last reported volume for Macquarie/First Trust Global is 46289 which is 55.21% above its average volume of 29823.
Yearly Top and Bottom Value
Macquarie/First Trust Global’s stock is valued at $7.74 at 10:23 EST, way below its 52-week high of $8.84 and way above its 52-week low of $6.63.
Moving Average
Macquarie/First Trust Global’s worth is higher than its 50-day moving average of $7.11 and below its 200-day moving average of $7.75.
2. Gabelli Utility Trust (GUT)
684.7% Payout Ratio
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.
Earnings Per Share
As for profitability, Gabelli Utility Trust has a trailing twelve months EPS of $-0.08.
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 -2.14%.
Moving Average
Gabelli Utility Trust’s value is above its 50-day moving average of $5.77 and below its 200-day moving average of $6.63.
3. Dreyfus Strategic Municipals (LEO)
660% Payout Ratio
BNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Strategic Municipals, Inc. BNY Mellon Strategic Municipals, Inc. was formed on September 23, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, Dreyfus Strategic Municipals has a trailing twelve months EPS of $0.04.
PE Ratio
Dreyfus Strategic Municipals has a trailing twelve months price to earnings ratio of 144.5. Meaning, the purchaser of the share is investing $144.5 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 negative -6.31%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.3%, now sitting on 29.83M for the twelve trailing months.
4. GDL Fund, The (GDL)
106.67% Payout Ratio
The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund benchmarks the performance of its portfolio against Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. It was formerly known as Gabelli Global Deal Fund. The GDL Fund was formed on October 17, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, GDL Fund, The has a trailing twelve months EPS of $0.45.
PE Ratio
GDL Fund, The has a trailing twelve months price to earnings ratio of 17.49. Meaning, the purchaser of the share is investing $17.49 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 6.2%.
Yearly Top and Bottom Value
GDL Fund, The’s stock is valued at $7.87 at 10:23 EST, below its 52-week high of $8.22 and above its 52-week low of $7.65.
Moving Average
GDL Fund, The’s value is above its 50-day moving average of $7.77 and above its 200-day moving average of $7.84.
Volume
Today’s last reported volume for GDL Fund, The is 29417 which is 196.21% above its average volume of 9931.
5. Pearson, Plc (PSO)
53.52% Payout Ratio
Pearson plc provides educational products and services to governments, educational institutions, corporations, and professional bodies worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services. The company also operates schools, colleges, and universities; and provides online learning services in partnership with universities and other academic institutions. In addition, it delivers and installs off-the-shelf software; and offers services to academic institutions, such as program development, student acquisition, education technology, and student support services, as well as undertakes contracts to process qualifying tests for individual professions and government departments under multi-year contractual arrangements. The company was founded in 1844 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Pearson, Plc has a trailing twelve months EPS of $0.51.
PE Ratio
Pearson, Plc has a trailing twelve months price to earnings ratio of 23.14. Meaning, the purchaser of the share is investing $23.14 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 6.8%.
Volume
Today’s last reported volume for Pearson, Plc is 179169 which is 27.02% below its average volume of 245509.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.1%, now sitting on 3.93B for the twelve trailing months.
6. American States Water Company (AWR)
48.87% Payout Ratio
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2020, it provided water service to approximately 261,796 customers located throughout 10 counties in the State of California; and distributed electricity to approximately 24,545 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Earnings Per Share
As for profitability, American States Water Company has a trailing twelve months EPS of $3.32.
PE Ratio
American States Water Company has a trailing twelve months price to earnings ratio of 24.07. Meaning, the purchaser of the share is investing $24.07 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 16.67%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
American States Water Company’s EBITDA is 6.38.
Yearly Top and Bottom Value
American States Water Company’s stock is valued at $79.90 at 10:23 EST, way under its 52-week high of $99.70 and above its 52-week low of $75.20.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 1.72 and the estimated forward annual dividend yield is 2.15%.
Sales Growth
American States Water Company’s sales growth is 5.3% for the current quarter and negative 26.3% for the next.
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%.
