(VIANEWS) – Calamos Global Dynamic Income Fund (CHW), Xerox Corporation (XRX), Blackrock Limited Duration Income Trust (BLW) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 distribute 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 Dynamic Income Fund (CHW)
127.66% Payout Ratio
Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in growth stocks of companies across all market capitalizations, as well as in higher yield corporate bonds, government bonds, convertibles, and alternative investments such as arbitrage and call writes. The fund employs both fundamental and quantitative analysis, focusing on such factors as source, sustainability, and risk of investment opportunities to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Index and Merrill Lynch Global Broad Markets Index. The fund was formerly known as Calamos Global Diversified Income & Opportunities Fund. Calamos Global Dynamic Income Fund was formed on April 10, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Calamos Global Dynamic Income Fund has a trailing twelve months EPS of $0.47.
PE Ratio
Calamos Global Dynamic Income Fund has a trailing twelve months price to earnings ratio of 14.16. Meaning, the purchaser of the share is investing $14.16 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 7.77%.
Yearly Top and Bottom Value
Calamos Global Dynamic Income Fund’s stock is valued at $6.66 at 20:23 EST, below its 52-week high of $6.70 and way higher than its 52-week low of $5.07.
2. Xerox Corporation (XRX)
94.34% Payout Ratio
Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in the Americas, Europe, the Middle East, Africa, India, and internationally. The company operates through two segments, Print and Other; and FITTLE. The Print and Other segment designs, develops, and sells document systems, solutions, and services; and IT and software products and services. The FITTLE segment offers financing solutions for direct channel customer purchases; and lease financing to end-users. It also offers workplace solutions comprising desktop monochrome, color, and multifunction printers, and ConnectKey software; digital printing presses and light production devices; and digital services that support workflow automation, personalization and communication software, content management solutions, and digitization services. In addition, the company provides graphic communications, in-plant, and production solutions; FreeFlow, a software solutions for the automation and integration of processing of print job comprising file preparation, final production, and electronic publishing; and IT services, end user computing devices, network infrastructure, and communications technology, as well as technology product support, professional engineering, and commercial robotic process automation. Further, it sells paper products and standalone software, such as CareAR, DocuShare, and XMPie; and invests in startups. The company sells its products through its direct sales force, distributors, independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. The company was formerly known as Xerox Corporation and changed its name to Xerox Holdings Corporation in August 2019. Xerox Holdings Corporation was founded in 1903 and is headquartered in Norwalk, Connecticut.
Earnings Per Share
As for profitability, Xerox Corporation has a trailing twelve months EPS of $-0.09.
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 -5.81%.
Yearly Top and Bottom Value
Xerox Corporation’s stock is valued at $16.85 at 20:23 EST, way under its 52-week high of $19.78 and way above its 52-week low of $12.06.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 7.49%.
Volume
Today’s last reported volume for Xerox Corporation is 1991510 which is 15.64% below its average volume of 2360910.
Sales Growth
Xerox Corporation’s sales growth is negative 8.2% for the ongoing quarter and negative 3.1% for the next.
3. Blackrock Limited Duration Income Trust (BLW)
67.2% Payout Ratio
BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans. It has an average portfolio duration of less than five years. The fund benchmarks the performance of its portfolio against the Lehman Brothers U.S. Aggregate Index. BlackRock Limited Duration Income Trust was formed on July 31, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Limited Duration Income Trust has a trailing twelve months EPS of $1.81.
PE Ratio
Blackrock Limited Duration Income Trust has a trailing twelve months price to earnings ratio of 7.57. Meaning, the purchaser of the share is investing $7.57 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 13.03%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 1.29 and the estimated forward annual dividend yield is 9.44%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.8%, now sitting on 57.29M for the twelve trailing months.
Yearly Top and Bottom Value
Blackrock Limited Duration Income Trust’s stock is valued at $13.71 at 20:23 EST, under its 52-week high of $14.26 and way above its 52-week low of $12.35.
4. American States Water Company (AWR)
55.33% Payout Ratio
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2020, it provided water service to approximately 261,796 customers located throughout 10 counties in the State of California; and distributed electricity to approximately 24,545 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Earnings Per Share
As for profitability, American States Water Company has a trailing twelve months EPS of $3.05.
PE Ratio
American States Water Company has a trailing twelve months price to earnings ratio of 24.29. Meaning, the purchaser of the share is investing $24.29 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 14.84%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 1.72 and the estimated forward annual dividend yield is 2.32%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1.2% and 15.3%, respectively.
Sales Growth
American States Water Company’s sales growth for the current quarter is negative 12.3%.
Yearly Top and Bottom Value
American States Water Company’s stock is valued at $74.09 at 20:23 EST, way below its 52-week high of $92.85 and way higher than its 52-week low of $66.03.
5. Elbit Systems Ltd. (ESLT)
41.49% Payout Ratio
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; electro-optic, night vision, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. It also manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions; laser systems and products; guided rocket systems; and armored vehicle and other platforms survivability and protection systems, as well as provides various training and support services. The company markets its systems and products as a prime contractor or subcontractor to various governments and companies. It also has operations in the United States, Europe, Latin America, the Asia-Pacific, and internationally. The company was incorporated in 1966 and is based in Haifa, Israel.
Earnings Per Share
As for profitability, Elbit Systems Ltd. has a trailing twelve months EPS of $4.83.
PE Ratio
Elbit Systems Ltd. has a trailing twelve months price to earnings ratio of 41.13. Meaning, the purchaser of the share is investing $41.13 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 7.56%.
6. CRH PLC (CRH)
37% Payout Ratio
CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services. It also manufactures, supplies, and delivers solutions for the built environment in communities across North America; and offers building and infrastructure solutions serving complex critical utility infrastructure, such as water, energy, transportation, and telecommunications projects, and outdoor living solutions for enhancing private and public spaces. In addition, the company combines materials, products, and services to produce a wide range of architectural and infrastructural solutions for use in the building and renovation of critical utility infrastructure, commercial and residential buildings, and outdoor living spaces for the built environment. Further, it produces and supplies precast and pre-stressed concrete products comprising floor and wall elements, beams, vaults, pipes, and manholes; granite, limestone, and sandstone; concrete and polymer-based products, such as underground vaults, drainage systems, utility enclosures, and modular precast structures; engineered steel, polymer-based anchoring, fixing, and connecting solutions; concrete masonry, hardscape and related products, including pavers, blocks and curbs, retaining walls, and slabs; and fencing and railing systems, composite decking, lawn and garden products, and packaged concrete mixes. The company was founded in 1936 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, CRH PLC has a trailing twelve months EPS of $4.33.
PE Ratio
CRH PLC has a trailing twelve months price to earnings ratio of 19.04. Meaning, the purchaser of the share is investing $19.04 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 14.7%.
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%.
