(VIANEWS) – Western Asset Global Highome Fund (EHI), Golden Ocean Group Limited (GOGL), AllianceBernstein National Municipalome Fund (AFB) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio as yet. 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 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. Western Asset Global Highome Fund (EHI)
229.71% Payout Ratio
Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in undervalued bonds of companies operating across diversified sectors. It seeks to invest in a portfolio of below investment grade fixed income securities, emerging market fixed income securities and investment grade fixed income securities. The fund employs quantitative analysis to build its portfolio. It invests in fixed income securities with an average credit quality of BB as per S&P and an average duration of 3.8 years. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Index, the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index, and the JPMorgan Emerging Markets Bond Index Global. It was formerly known as Salomon Brothers Global High Income Fund Inc. Western Asset Global High Income Fund Inc was formed on July 28, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Global Highome Fund has a trailing twelve months EPS of $-0.56.
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 -7.11%.
Yearly Top and Bottom Value
Western Asset Global Highome Fund’s stock is valued at $6.56 at 10:23 EST, way under its 52-week high of $7.90 and higher than its 52-week low of $6.00.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.2%, now sitting on 22.45M for the twelve trailing months.
Volume
Today’s last reported volume for Western Asset Global Highome Fund is 11737 which is 79.99% below its average volume of 58668.
Moving Average
Western Asset Global Highome Fund’s worth is under its 50-day moving average of $6.59 and below its 200-day moving average of $7.05.
2. Golden Ocean Group Limited (GOGL)
126.26% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $0.99.
PE Ratio
Golden Ocean Group Limited has a trailing twelve months price to earnings ratio of 7.24. Meaning, the purchaser of the share is investing $7.24 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 10.43%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 32.6%, now sitting on 941.51M for the twelve trailing months.
Yearly Top and Bottom Value
Golden Ocean Group Limited’s stock is valued at $7.17 at 10:23 EST, way under its 52-week high of $10.58 and higher than its 52-week low of $6.89.
Moving Average
Golden Ocean Group Limited’s worth is under its 50-day moving average of $7.66 and way below its 200-day moving average of $8.30.
3. AllianceBernstein National Municipalome Fund (AFB)
66.58% Payout Ratio
Earnings Per Share
As for profitability, AllianceBernstein National Municipalome Fund has a trailing twelve months EPS of $-0.1.
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 -0.84%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.7%, now sitting on 24.32M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 1, 2023, the estimated forward annual dividend rate is 0.39 and the estimated forward annual dividend yield is 3.98%.
Moving Average
AllianceBernstein National Municipalome Fund’s value is higher than its 50-day moving average of $9.58 and under its 200-day moving average of $10.35.
Volume
Today’s last reported volume for AllianceBernstein National Municipalome Fund is 44818 which is 45.61% below its average volume of 82407.
4. AT&T (T)
55.89% Payout Ratio
AT&T Inc. provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. It also provides Virtual Private Networks, AT&T Dedicated Internet, Ethernet, data services, security, cloud solutions, outsourcing, and managed and professional services, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband services, including fiber connections and legacy telephony voice communication services to residential customers. This segment markets its communications services and products under the AT&T, Cricket, AT&T PREPAID, and AT&T Fiber brand names. The Latin America segment provides postpaid and prepaid wireless services in Mexico under the AT&T and Unefon brand names, as well as sells smartphones through its owned stores, agents and third-party retail stores. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, AT&T has a trailing twelve months EPS of $-1.51.
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 -7.76%.
Volume
Today’s last reported volume for AT&T is 10185200 which is 71.96% below its average volume of 36326400.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AT&T’s EBITDA is 2.14.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 121.75B for the twelve trailing months.
5. Exxon Mobil (XOM)
36.15% Payout Ratio
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products segment offers fuels, aromatics, and catalysts, as well as licensing services. The Chemical Products segment manufactures and markets petrochemicals including olefins, polyolefins, and intermediates. The Specialty Products segment offers performance products, including lubricants, basestocks, waxes, synthetics, elastomers, and resins. The company is involved in the manufacturing, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; and pursuit lower-emission business opportunities including carbon capture and storage, hydrogen, and lower-emission fuels. Exxon Mobil Corporation was founded in 1870 and is headquartered in Spring, Texas.
Earnings Per Share
As for profitability, Exxon Mobil has a trailing twelve months EPS of $10.07.
PE Ratio
Exxon Mobil has a trailing twelve months price to earnings ratio of 10.39. Meaning, the purchaser of the share is investing $10.39 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 21.17%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Exxon Mobil’s EBITDA is 1.22.
Yearly Top and Bottom Value
Exxon Mobil’s stock is valued at $104.58 at 10:23 EST, way under its 52-week high of $120.70 and higher than its 52-week low of $98.02.
Volume
Today’s last reported volume for Exxon Mobil is 8595530 which is 55.12% below its average volume of 19153900.
Previous days news about Exxon Mobil (XOM)
- According to Zacks on Thursday, 23 November, "In the energy space, Exxon Mobil Corporation (XOM Quick QuoteXOM – Free Report) is a giant, having operations across upstream to downstream activities. "
6. Meridian Corporation (MRBK)
31.67% Payout Ratio
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1 4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as financial planning and wealth management services. The company was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.
Earnings Per Share
As for profitability, Meridian Corporation has a trailing twelve months EPS of $1.5.
PE Ratio
Meridian Corporation has a trailing twelve months price to earnings ratio of 7.32. Meaning, the purchaser of the share is investing $7.32 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 11.25%.
Volume
Today’s last reported volume for Meridian Corporation is 7634 which is 33.76% below its average volume of 11526.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 8, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 4.56%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 20.8% and a negative 5.3%, 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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1% and 1%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
