(VIANEWS) – Dynex Capital (DX), Cohen & Steers Closed (FOF), Lamar Advertising Company (LAMR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 investigating 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. Dynex Capital (DX)
5200% Payout Ratio
Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. Dynex Capital, Inc. was founded in 1987 and is headquartered in Glen Allen, Virginia.
Earnings Per Share
As for profitability, Dynex Capital has a trailing twelve months EPS of $0.03.
PE Ratio
Dynex Capital has a trailing twelve months price to earnings ratio of 410.67. Meaning, the purchaser of the share is investing $410.67 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 1.36%.
Moving Average
Dynex Capital’s worth is higher than its 50-day moving average of $12.12 and higher than its 200-day moving average of $12.12.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 23, 2024, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 12.66%.
Volume
Today’s last reported volume for Dynex Capital is 1359340 which is 16.01% below its average volume of 1618590.
2. Cohen & Steers Closed (FOF)
137.37% Payout Ratio
Cohen & Steers Closed-End Opportunity Fund, Inc. is a close-ended fund of funds launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies. The fund makes its investments in funds investing across diversified sectors. It seeks to invest in undervalued funds with market capitalization generally greater than $200 million. The fund employs quantitative analysis to make its investments. It benchmarks the performance of its portfolio against the S&P 500 Index and the Morningstar U.S. All Taxable Ex-Foreign Equity Index. The fund conducts in-house research to create its portfolios. Cohen & Steers Closed-End Opportunity Fund, Inc. was formed on September 14, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, Cohen & Steers Closed has a trailing twelve months EPS of $1.24.
PE Ratio
Cohen & Steers Closed has a trailing twelve months price to earnings ratio of 9.94. Meaning, the purchaser of the share is investing $9.94 for every dollar of annual earnings.
Volume
Today’s last reported volume for Cohen & Steers Closed is 52095 which is 12.95% above its average volume of 46120.
Yearly Top and Bottom Value
Cohen & Steers Closed’s stock is valued at $12.32 at 02:23 EST, under its 52-week high of $12.71 and way above its 52-week low of $9.59.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 10.55%.
Moving Average
Cohen & Steers Closed’s worth is above its 50-day moving average of $12.04 and above its 200-day moving average of $11.52.
3. Lamar Advertising Company (LAMR)
103.45% Payout Ratio
Lamar Advertising Company operates as an outdoor advertising company in North America. It operates approximately 363,000 displays across the United States and Canada. It offers advertisers a range of billboard, interstate logo, transit, and airport advertising formats helping local businesses and national brands. The company was founded in 1902 and is based in Baton Rouge, Louisiana.
Earnings Per Share
As for profitability, Lamar Advertising Company has a trailing twelve months EPS of $4.94.
PE Ratio
Lamar Advertising Company has a trailing twelve months price to earnings ratio of 23.91. Meaning, the purchaser of the share is investing $23.91 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 42.71%.
Sales Growth
Lamar Advertising Company’s sales growth is 10.9% for the ongoing quarter and 5.2% for the next.
Volume
Today’s last reported volume for Lamar Advertising Company is 370790 which is 9.82% below its average volume of 411180.
4. MEDIFAST (MED)
61.57% Payout Ratio
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through direct ecommerce platform and franchise weight control center channels. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.
Earnings Per Share
As for profitability, MEDIFAST has a trailing twelve months EPS of $2.59.
PE Ratio
MEDIFAST has a trailing twelve months price to earnings ratio of 7.47. Meaning, the purchaser of the share is investing $7.47 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 15.01%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 43.1%, now sitting on 770.18M for the twelve trailing months.
Sales Growth
MEDIFAST’s sales growth is negative 43.1% for the current quarter and negative 32% for the next.
Yearly Top and Bottom Value
MEDIFAST’s stock is valued at $19.34 at 02:23 EST, way below its 52-week high of $86.89 and above its 52-week low of $17.86.
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%.
