(VIANEWS) – Eaton Vance Tax (ETY), Gaming and Leisure Properties (GLPI), Annaly Capital (NLY) are the highest payout ratio stocks on this list.
We have collected information concerning 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 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. 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 19.93. Meaning, the purchaser of the share is investing $19.93 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%.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $12.16 at 07:23 EST, under its 52-week high of $12.67 and way higher than its 52-week low of $10.59.
Volume
Today’s last reported volume for Eaton Vance Tax is 237006 which is 14.74% below its average volume of 277985.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 0.97 and the estimated forward annual dividend yield is 8.56%.
2. Gaming and Leisure Properties (GLPI)
104.93% Payout Ratio
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
Earnings Per Share
As for profitability, Gaming and Leisure Properties has a trailing twelve months EPS of $2.74.
PE Ratio
Gaming and Leisure Properties has a trailing twelve months price to earnings ratio of 17.76. Meaning, the purchaser of the share is investing $17.76 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 17.87%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 6.7% and a negative 1.4%, respectively.
Sales Growth
Gaming and Leisure Properties’s sales growth is 7.5% for the present quarter and 2.1% for the next.
3. Annaly Capital (NLY)
89.8% Payout Ratio
Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; residential mortgage loans; and agency or private label credit risk transfer securities. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. The company was incorporated in 1996 and is based in New York, New York.
Earnings Per Share
As for profitability, Annaly Capital has a trailing twelve months EPS of $-5.26.
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 -19.73%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 27% and a negative 19.8%, respectively.
4. Crescent Point Energy Corporation Ordinary Shares (CPG)
73.08% Payout Ratio
Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil and natural gas reserves in Western Canada and the United States. The company's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Crescent Point Energy Corporation Ordinary Shares has a trailing twelve months EPS of $0.39.
PE Ratio
Crescent Point Energy Corporation Ordinary Shares has a trailing twelve months price to earnings ratio of 17.72. Meaning, the purchaser of the share is investing $17.72 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 3.96%.
Yearly Top and Bottom Value
Crescent Point Energy Corporation Ordinary Shares’s stock is valued at $6.91 at 07:23 EST, way under its 52-week high of $8.59 and way above its 52-week low of $5.59.
Moving Average
Crescent Point Energy Corporation Ordinary Shares’s value is below its 50-day moving average of $7.41 and below its 200-day moving average of $7.37.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Crescent Point Energy Corporation Ordinary Shares’s EBITDA is 1.72.
5. Helmerich & Payne (HP)
46.63% Payout Ratio
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Helmerich & Payne has a trailing twelve months EPS of $4.16.
PE Ratio
Helmerich & Payne has a trailing twelve months price to earnings ratio of 8.88. Meaning, the purchaser of the share is investing $8.88 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 15.68%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 35.1% and a negative 41.3%, respectively.
Moving Average
Helmerich & Payne’s worth is under its 50-day moving average of $38.81 and under its 200-day moving average of $38.12.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Helmerich & Payne’s EBITDA is 1.39.
Yearly Top and Bottom Value
Helmerich & Payne’s stock is valued at $36.92 at 07:23 EST, way under its 52-week high of $51.25 and way above its 52-week low of $30.41.
6. Comerica Incorporated (CMA)
31.82% Payout Ratio
Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. It also sells annuity products, as well as life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida, and Canada. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Comerica Incorporated has a trailing twelve months EPS of $8.83.
PE Ratio
Comerica Incorporated has a trailing twelve months price to earnings ratio of 6.27. Meaning, the purchaser of the share is investing $6.27 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 23.86%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 5.2%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.8%, now sitting on 3.72B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 48.8% and a negative 45.2%, respectively.
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%.
