DTF Tax And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Getty Realty Corporation (GTY), PennyMac Mortgage Investment Trust (PMT), San Juan Basin Royalty Trust (SJT) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.

When investigating a potential investment, the dividend payout ratio is a good statistic to know so here are a few stocks with an above 30% percent payout ratio.

1. Getty Realty Corporation (GTY)

150.43% Payout Ratio

Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.

Earnings Per Share

As for profitability, Getty Realty Corporation has a trailing twelve months EPS of $1.17.

PE Ratio

Getty Realty Corporation has a trailing twelve months price to earnings ratio of 22.88. Meaning, the purchaser of the share is investing $22.88 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 7.03%.

Yearly Top and Bottom Value

Getty Realty Corporation’s stock is valued at $26.77 at 14:23 EST, way under its 52-week high of $34.95 and higher than its 52-week low of $25.90.

Sales Growth

Getty Realty Corporation’s sales growth is 9% for the present quarter and negative 1.9% for the next.

Moving Average

Getty Realty Corporation’s value is below its 50-day moving average of $27.31 and under its 200-day moving average of $27.90.

2. PennyMac Mortgage Investment Trust (PMT)

105.26% Payout Ratio

PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. It operates through four segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production, and Corporate. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.

Earnings Per Share

As for profitability, PennyMac Mortgage Investment Trust has a trailing twelve months EPS of $1.52.

PE Ratio

PennyMac Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 9.09. Meaning, the purchaser of the share is investing $9.09 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 9.49%.

Yearly Top and Bottom Value

PennyMac Mortgage Investment Trust’s stock is valued at $13.82 at 14:23 EST, way below its 52-week high of $15.89 and way above its 52-week low of $10.52.

Volume

Today’s last reported volume for PennyMac Mortgage Investment Trust is 196936 which is 73.71% below its average volume of 749223.

Revenue Growth

Year-on-year quarterly revenue growth declined by 55%, now sitting on 600.46M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 125% and a drop 27.5% for the next.

3. San Juan Basin Royalty Trust (SJT)

100% Payout Ratio

San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland's oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico. The company was founded in 1980 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, San Juan Basin Royalty Trust has a trailing twelve months EPS of $0.42.

PE Ratio

San Juan Basin Royalty Trust has a trailing twelve months price to earnings ratio of 9.36. Meaning, the purchaser of the share is investing $9.36 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 710.52%.

4. DTF Tax (DTF)

88.64% Payout Ratio

DTF Tax-Free Income Inc. is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities. It invests in the fixed income markets of the United States. DTF Tax-Free Income Inc. was formed on November, 1991 and is domiciled in the United States.

Earnings Per Share

As for profitability, DTF Tax has a trailing twelve months EPS of $0.44.

PE Ratio

DTF Tax has a trailing twelve months price to earnings ratio of 25.07. Meaning, the purchaser of the share is investing $25.07 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 3.66%.

Moving Average

DTF Tax’s worth is above its 50-day moving average of $10.83 and above its 200-day moving average of $10.79.

5. M&T Bank (MTB)

35.14% Payout Ratio

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. It offers a range of credit products and banking services, such as commercial lending and leasing, letters of credits, commercial real estate loans, and credit facilities secured by various commercial real estate to middle-market and large commercial customers. The company also provides customers deposit products, including demand, savings and time accounts, and other services; automobile and recreational finance loans, home equity loans and lines of credit, credit cards, and other loan products, as well as residential mortgage and real estate loans; business loans, cash management, payroll, and direct deposit services to consumers and small businesses through branch network, telephone banking, internet banking, and automated teller machines. In addition, it offers trustee, agency, investment management, security brokerage, and administrative services; personal trust, planning, fiduciary, asset management, family office, and other services; and investment products, including mutual funds and annuities, and other services for corporations and institutions, investment bankers, corporate tax, finance and legal executives, and other institutional clients. The company was founded in 1856 and is headquartered in Buffalo, New York.

Earnings Per Share

As for profitability, M&T Bank has a trailing twelve months EPS of $15.79.

PE Ratio

M&T Bank has a trailing twelve months price to earnings ratio of 8.52. Meaning, the purchaser of the share is investing $8.52 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 9.78%.

Moving Average

M&T Bank’s value is under its 50-day moving average of $146.25 and below its 200-day moving average of $135.01.

Previous days news about M&T Bank (MTB)

  • According to Zacks on Monday, 17 June, "In the past six months, shares of M&T Bank have gained 5.6% compared with the industry’s growth of 13.9%."

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%.

Sales Growth

1’s sales growth is 1% for the present quarter and 1% for the next.

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