(VIANEWS) – TriplePoint Venture Growth BDC Corp. (TPVG), Chimera Investment Corporation (CIM), PIMCO Municipal Income Fund (PMF) 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 guarantee 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. TriplePoint Venture Growth BDC Corp. (TPVG)
847.06% Payout Ratio
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
Earnings Per Share
As for profitability, TriplePoint Venture Growth BDC Corp. has a trailing twelve months EPS of $-1.13.
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 -10.47%.
Volume
Today’s last reported volume for TriplePoint Venture Growth BDC Corp. is 149948 which is 59.72% below its average volume of 372284.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 17% and a negative 20.4%, respectively.
2. Chimera Investment Corporation (CIM)
113.73% Payout Ratio
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2007 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Chimera Investment Corporation has a trailing twelve months EPS of $1.53.
PE Ratio
Chimera Investment Corporation has a trailing twelve months price to earnings ratio of 7.65. Meaning, the purchaser of the share is investing $7.65 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 7.49%.
Yearly Top and Bottom Value
Chimera Investment Corporation’s stock is valued at $11.70 at 08:23 EST, way below its 52-week high of $19.47 and above its 52-week low of $11.42.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 5, 2024, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 11.28%.
Moving Average
Chimera Investment Corporation’s worth is under its 50-day moving average of $12.96 and way below its 200-day moving average of $14.63.
Volume
Today’s last reported volume for Chimera Investment Corporation is 998604 which is 70.5% above its average volume of 585676.
3. PIMCO Municipal Income Fund (PMF)
75.22% Payout Ratio
PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in investment grade municipal bonds. It employs fundamental analysis with a top down stock picking approach to create its portfolio. It conducts in house research using proprietary models. PIMCO Municipal Income Fund was formed on June 29, 2001 and is domiciled in the United States.
Earnings Per Share
As for profitability, PIMCO Municipal Income Fund has a trailing twelve months EPS of $0.67.
PE Ratio
PIMCO Municipal Income Fund has a trailing twelve months price to earnings ratio of 13.57. Meaning, the purchaser of the share is investing $13.57 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 6.7%.
Moving Average
PIMCO Municipal Income Fund’s worth is under its 50-day moving average of $9.14 and higher than its 200-day moving average of $9.08.
Yearly Top and Bottom Value
PIMCO Municipal Income Fund’s stock is valued at $9.10 at 08:23 EST, way under its 52-week high of $10.48 and way above its 52-week low of $7.69.
4. Eagle Bulk Shipping (EGLE)
70.41% Payout Ratio
Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, cement, and forest products. It serves miners, producers, traders, and end users. As of December 31, 2021, the company owned and operated a fleet of 53 vessels. Eagle Bulk Shipping Inc. was incorporated in 2005 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Eagle Bulk Shipping has a trailing twelve months EPS of $1.96.
PE Ratio
Eagle Bulk Shipping has a trailing twelve months price to earnings ratio of 31.94. Meaning, the purchaser of the share is investing $31.94 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 3.2%.
Volume
Today’s last reported volume for Eagle Bulk Shipping is 2854840 which is 1168.84% above its average volume of 224994.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 12, 2024, the estimated forward annual dividend rate is 1.38 and the estimated forward annual dividend yield is 2.19%.
5. PIMCO California Municipal Income Fund III (PZC)
69.41% Payout Ratio
PIMCO California Municipal Income Fund III is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors. Its investment portfolio include California municipal bonds, and other municipal bonds and notes; California variable rate notes and other variable rate notes; California variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO California Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, PIMCO California Municipal Income Fund III has a trailing twelve months EPS of $0.51.
PE Ratio
PIMCO California Municipal Income Fund III has a trailing twelve months price to earnings ratio of 13.61. Meaning, the purchaser of the share is investing $13.61 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 6.43%.
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%.
