(VIANEWS) – Calamos Global Total Return Fund (CGO), Kayne Anderson MLP Investment Company (KYN), EastGroup Properties (EGP) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. Calamos Global Total Return Fund (CGO)
195.92% Payout Ratio
Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, convertible bonds, and high yield corporate bonds. It employs both fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against MSCI World Index. Calamos Global Total Return Fund was formed on March 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Calamos Global Total Return Fund has a trailing twelve months EPS of $0.49.
PE Ratio
Calamos Global Total Return Fund has a trailing twelve months price to earnings ratio of 22.45. Meaning, the purchaser of the share is investing $22.45 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 5.23%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 8.73%.
Yearly Top and Bottom Value
Calamos Global Total Return Fund’s stock is valued at $11.00 at 20:23 EST, under its 52-week high of $11.10 and way above its 52-week low of $7.90.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.4%, now sitting on 2.1M for the twelve trailing months.
Volume
Today’s last reported volume for Calamos Global Total Return Fund is 51831 which is 64.63% above its average volume of 31482.
2. Kayne Anderson MLP Investment Company (KYN)
116.9% Payout Ratio
Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector. The fund primarily invests in energy-related master limited partnerships. Kayne Anderson MLP Investment Company was formed on June 4, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Kayne Anderson MLP Investment Company has a trailing twelve months EPS of $0.71.
PE Ratio
Kayne Anderson MLP Investment Company has a trailing twelve months price to earnings ratio of 14.34. Meaning, the purchaser of the share is investing $14.34 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 14.6%.
Yearly Top and Bottom Value
Kayne Anderson MLP Investment Company’s stock is valued at $10.18 at 20:23 EST, under its 52-week high of $10.35 and way above its 52-week low of $7.85.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 4, 2024, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 8.64%.
Moving Average
Kayne Anderson MLP Investment Company’s worth is above its 50-day moving average of $9.79 and way above its 200-day moving average of $8.99.
3. EastGroup Properties (EGP)
109.52% Payout Ratio
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.7 million square feet.
Earnings Per Share
As for profitability, EastGroup Properties has a trailing twelve months EPS of $4.63.
PE Ratio
EastGroup Properties has a trailing twelve months price to earnings ratio of 35.82. Meaning, the purchaser of the share is investing $35.82 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 9.14%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 12.4% and 5.6%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.2%, now sitting on 589.79M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 5.08 and the estimated forward annual dividend yield is 3.06%.
4. Tortoise Pipeline & Energy Fund (TTP)
106.79% Payout Ratio
Tortoise Pipeline & Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Pipeline & Energy Fund, Inc. was formed on July 19, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, Tortoise Pipeline & Energy Fund has a trailing twelve months EPS of $2.21.
PE Ratio
Tortoise Pipeline & Energy Fund has a trailing twelve months price to earnings ratio of 15.34. Meaning, the purchaser of the share is investing $15.34 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 6.07%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 23, 2024, the estimated forward annual dividend rate is 2.36 and the estimated forward annual dividend yield is 6.96%.
Volume
Today’s last reported volume for Tortoise Pipeline & Energy Fund is 2897 which is 55.02% below its average volume of 6441.
Moving Average
Tortoise Pipeline & Energy Fund’s value is higher than its 50-day moving average of $32.99 and way above its 200-day moving average of $29.66.
Yearly Top and Bottom Value
Tortoise Pipeline & Energy Fund’s stock is valued at $33.90 at 20:23 EST, below its 52-week high of $34.96 and way above its 52-week low of $25.75.
5. MV Oil Trust Units of Beneficial Interests (MVO)
100% Payout Ratio
MV Oil Trust acquires and holds term net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 860 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was incorporated in 2006 and is based in Houston, Texas.
Earnings Per Share
As for profitability, MV Oil Trust Units of Beneficial Interests has a trailing twelve months EPS of $1.51.
PE Ratio
MV Oil Trust Units of Beneficial Interests has a trailing twelve months price to earnings ratio of 6. Meaning, the purchaser of the share is investing $6 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 302.01%.
6. Dreyfus Strategic Municipals (LEO)
74.16% 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 $0.32.
PE Ratio
Dreyfus Strategic Municipals has a trailing twelve months price to earnings ratio of 19.09. Meaning, the purchaser of the share is investing $19.09 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 negative -6.31%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.23 and the estimated forward annual dividend yield is 3.73%.
Volume
Today’s last reported volume for Dreyfus Strategic Municipals is 207195 which is 28.06% above its average volume of 161790.
Moving Average
Dreyfus Strategic Municipals’s worth is above its 50-day moving average of $5.97 and higher than its 200-day moving average of $5.78.
Yearly Top and Bottom Value
Dreyfus Strategic Municipals’s stock is valued at $6.11 at 20:23 EST, under its 52-week high of $6.33 and way higher than its 52-week low of $4.98.
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
As stated by 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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
