(VIANEWS) – Eaton Vance Tax (ETO), Kinder Morgan (KMI), Blackrock MuniHoldings Quality Fund II (MUE) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up until now. 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 distribute 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. Eaton Vance Tax (ETO)
322.51% Payout Ratio
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund was formed on April 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.59.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 40.61. Meaning, the purchaser of the share is investing $40.61 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 2.37%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.7%, now sitting on 19.98M for the twelve trailing months.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $23.96 at 16:23 EST, under its 52-week high of $24.06 and way higher than its 52-week low of $19.85.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 8.01%.
2. Kinder Morgan (KMI)
102.75% Payout Ratio
Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel stock, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. It owns and operates approximately 83,000 miles of pipelines and 140 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Kinder Morgan has a trailing twelve months EPS of $1.09.
PE Ratio
Kinder Morgan has a trailing twelve months price to earnings ratio of 16.26. Meaning, the purchaser of the share is investing $16.26 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 8.04%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Kinder Morgan’s EBITDA is 4.43.
Moving Average
Kinder Morgan’s worth is above its 50-day moving average of $17.10 and higher than its 200-day moving average of $17.05.
Revenue Growth
Year-on-year quarterly revenue growth declined by 24.5%, now sitting on 15.88B for the twelve trailing months.
3. Blackrock MuniHoldings Quality Fund II (MUE)
65.59% Payout Ratio
BlackRock MuniHoldings Quality Fund II, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes. The fund was formerly known as BlackRock MuniHoldings Insured Fund II, Inc. BlackRock MuniHoldings Quality Fund II, Inc. was formed on February 26, 1999 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniHoldings Quality Fund II has a trailing twelve months EPS of $-0.25.
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 -2.28%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.7%, now sitting on 17.18M for the twelve trailing months.
Moving Average
Blackrock MuniHoldings Quality Fund II’s value is higher than its 50-day moving average of $9.36 and higher than its 200-day moving average of $9.56.
4. Opera Limited (OPRA)
57.14% Payout Ratio
Opera Limited, together with its subsidiaries, provides mobile and PC web browsers. It operates in two segments, Browser and News, and Other. The company offers mobile browser products, such as Opera Mini, Opera for Android and iOS, Opera GX Mobile, and Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service. It also provides Opera Crypto Browser for PCs and mobile; browser-based cashback rewards; owns GameMaker Studio, a 2D gaming development platform; and GXC, a gaming portal. In addition, the company operates Opera Ads, an online advertising platform. It operates in Nigeria, Ireland, France, Germany, Spain, England, South Africa, Kenya, and internationally. The company was founded in 1995 and is headquartered in Oslo, Norway. Opera Limited is a subsidiary of Kunlun Tech Limited.
Earnings Per Share
As for profitability, Opera Limited has a trailing twelve months EPS of $0.7.
PE Ratio
Opera Limited has a trailing twelve months price to earnings ratio of 18.47. Meaning, the purchaser of the share is investing $18.47 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 7.37%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.3%, now sitting on 380.1M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 6.19%.
Moving Average
Opera Limited’s worth is way above its 50-day moving average of $11.62 and under its 200-day moving average of $13.77.
Yearly Top and Bottom Value
Opera Limited’s stock is valued at $12.93 at 16:23 EST, way below its 52-week high of $28.58 and way above its 52-week low of $5.85.
5. Columbia Seligman Premium Technology Growth Fund (STK)
34.07% Payout Ratio
Columbia Seligman Premium Technology Growth Fund is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It invests in public equity markets. The fund seeks to invest in stocks of companies operating in the technology sector. It primarily invests in growth stocks of companies. It employs fundamental analysis with focus on factors like companies that have best growth prospects, trade at attractive valuations and deliver solid investment returns over time to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P North American Technology Sector Index. The fund was formerly known as Seligman Premium Technology Growth Fund, Inc. Columbia Seligman Premium Technology Growth Fund was formed on November 30, 2009 and is domiciled in the United States.
Earnings Per Share
As for profitability, Columbia Seligman Premium Technology Growth Fund has a trailing twelve months EPS of $5.43.
PE Ratio
Columbia Seligman Premium Technology Growth Fund has a trailing twelve months price to earnings ratio of 5.73. Meaning, the purchaser of the share is investing $5.73 for every dollar of annual earnings.
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%.
