(VIANEWS) – Pimco Corporate & Income Opportunity Fund (PTY), Edison International (EIX), Camden Property Trust (CPT) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up to 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. Pimco Corporate & Income Opportunity Fund (PTY)
161.04% Payout Ratio
PIMCO Corporate & Income Opportunity 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 fixed income markets across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB. The fund focuses on intermediate maturity bonds across multiple industries and sectors. It employs fundamental analysis along with top-down approach to make its fixed income investments. The fund uses in-house research to make its investments. PIMCO Corporate Opportunity Fund was founded on December 27, 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, Pimco Corporate & Income Opportunity Fund has a trailing twelve months EPS of $0.58.
PE Ratio
Pimco Corporate & Income Opportunity Fund has a trailing twelve months price to earnings ratio of 21.94. Meaning, the purchaser of the share is investing $21.94 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 173.43M for the twelve trailing months.
2. Edison International (EIX)
147.37% Payout Ratio
Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. The company also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations. The company was founded in 1886 and is headquartered in Rosemead, California.
Earnings Per Share
As for profitability, Edison International has a trailing twelve months EPS of $2.16.
PE Ratio
Edison International has a trailing twelve months price to earnings ratio of 31.54. Meaning, the purchaser of the share is investing $31.54 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 4.23%.
3. Camden Property Trust (CPT)
62.25% Payout Ratio
Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company's portfolio will increase to 59,104 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees' Choice Award in 2020, ranking #25 for large U.S. companies.
Earnings Per Share
As for profitability, Camden Property Trust has a trailing twelve months EPS of $6.04.
PE Ratio
Camden Property Trust has a trailing twelve months price to earnings ratio of 18.34. Meaning, the purchaser of the share is investing $18.34 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 14.19%.
Moving Average
Camden Property Trust’s value is under its 50-day moving average of $117.25 and way under its 200-day moving average of $124.41.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21%, now sitting on 1.43B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Camden Property Trust’s EBITDA is 11.37.
4. Kennametal (KMT)
52.29% Payout Ratio
Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. It operates through three segments: Industrial, Widia, and Infrastructure. The company offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. It also provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to general engineering, aerospace, energy, and transportation customers. In addition, the company produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide and specialty alloy powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. It provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national chain distributors; integrated supplier channels; and value added resellers, as well as through the Internet. Kennametal Inc. was founded in 1938 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, Kennametal has a trailing twelve months EPS of $1.53.
PE Ratio
Kennametal has a trailing twelve months price to earnings ratio of 18.01. Meaning, the purchaser of the share is investing $18.01 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 10%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 27.7% and a negative 11.3%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 2.03B for the twelve trailing months.
5. Brookline Bancorp (BRKL)
36.62% Payout Ratio
Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Brookline Bancorp has a trailing twelve months EPS of $1.3.
PE Ratio
Brookline Bancorp has a trailing twelve months price to earnings ratio of 8.43. Meaning, the purchaser of the share is investing $8.43 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 11.04%.
Moving Average
Brookline Bancorp’s value is way under its 50-day moving average of $13.15 and way under its 200-day moving average of $13.30.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.4%, now sitting on 319.49M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 8, 2023, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 4.68%.
Sales Growth
Brookline Bancorp’s sales growth is 40.7% for the current quarter and 33.6% for the next.
