(VIANEWS) – Eaton Vance Tax (ETY), Eaton Vance Tax (EXG), CrossAmerica Partners LP (CAPL) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio up until now. 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 distribute them.
When researching 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 (ETY)
170.56% Payout Ratio
Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying stocks of companies. It also writes S&P 500 Index call options with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. The Fund also normally invests in issuers located in at least three countries including the United States. It also invests through derivatives. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 80% S&P 500 Index and 20% FTSE Eurotop 100 Index. Eaton Vance Tax-Managed Diversified Equity Income Fund was formed on November 30, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.61.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 20.38. Meaning, the purchaser of the share is investing $20.38 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 5.06%.
2. Eaton Vance Tax (EXG)
163.42% Payout Ratio
Eaton Vance Tax-Managed Global Diversified Equity Income 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 stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies. The fund also invests through derivatives. It also writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Managed Global Diversified Equity Income Fund was formed on February 27, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.46.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 17.5. Meaning, the purchaser of the share is investing $17.5 for every dollar of annual earnings.
Moving Average
Eaton Vance Tax’s worth is higher than its 50-day moving average of $7.92 and above its 200-day moving average of $7.76.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $8.05 at 08:23 EST, way under its 52-week high of $9.32 and way higher than its 52-week low of $7.09.
3. CrossAmerica Partners LP (CAPL)
143.84% Payout Ratio
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of March 1, 2021, the company distributed fuel to approximately 1,700 locations; and owned or leased approximately 1,100 sites. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. CrossAmerica Partners LP was founded in 1992 and is based in Allentown, Pennsylvania.
Earnings Per Share
As for profitability, CrossAmerica Partners LP has a trailing twelve months EPS of $1.46.
PE Ratio
CrossAmerica Partners LP has a trailing twelve months price to earnings ratio of 13.82. Meaning, the purchaser of the share is investing $13.82 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 88.46%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CrossAmerica Partners LP’s EBITDA is 59.71.
Moving Average
CrossAmerica Partners LP’s value is higher than its 50-day moving average of $19.18 and below its 200-day moving average of $20.29.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.8%, now sitting on 4.62B for the twelve trailing months.
Sales Growth
CrossAmerica Partners LP’s sales growth is negative 18.3% for the current quarter and negative 3% for the next.
4. Spirit Realty Capital (SRC)
115.22% Payout Ratio
Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.
Earnings Per Share
As for profitability, Spirit Realty Capital has a trailing twelve months EPS of $2.31.
PE Ratio
Spirit Realty Capital has a trailing twelve months price to earnings ratio of 17.62. Meaning, the purchaser of the share is investing $17.62 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 7.39%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.8%, now sitting on 729.52M for the twelve trailing months.
Volume
Today’s last reported volume for Spirit Realty Capital is 897109 which is 45.82% above its average volume of 615211.
5. Northern Trust (NTRS)
53.76% Payout Ratio
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. Northern Trust Corporation was founded in 1889 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Northern Trust has a trailing twelve months EPS of $5.58.
PE Ratio
Northern Trust has a trailing twelve months price to earnings ratio of 14.3. Meaning, the purchaser of the share is investing $14.3 for every dollar of annual earnings.
Yearly Top and Bottom Value
Northern Trust’s stock is valued at $79.80 at 08:23 EST, way under its 52-week high of $104.57 and way above its 52-week low of $69.54.
Sales Growth
Northern Trust’s sales growth is 0.2% for the ongoing quarter and 15.6% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 6, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.79%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 15% and positive 109.9% for the next.
6. H&R Block (HRB)
38.51% Payout Ratio
H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or its franchisees. It also provides Refund Transfers and H&R Block Emerald Prepaid Mastercard, which enables clients to receive their tax refunds; Peace of Mind extended service plans; H&R Block Emerald Advance lines of credit; Tax Identity Shield that provides clients assistance in helping protect their tax identity and access to services to help restore their tax identity; refund advance loans; H&R Block Instant Refund; and H&R Block Pay With Refund services. In addition, the company offers small business financial solutions through its company-owned or franchise offices, and online. H&R Block, Inc. was founded in 1955 and is headquartered in Kansas City, Missouri.
Earnings Per Share
As for profitability, H&R Block has a trailing twelve months EPS of $2.96.
PE Ratio
H&R Block has a trailing twelve months price to earnings ratio of 11.4. Meaning, the purchaser of the share is investing $11.4 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 11402.1%.
