Fomento Economico Mexicano S.A.B. de C.V. And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Blackrock MuniHoldings Fund (MHD), The Shyft Group (SHYF), Banco Santander (BSAC) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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 issue them.

When investigating 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. Blackrock MuniHoldings Fund (MHD)

153.87% Payout Ratio

BlackRock MuniHoldings Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes. The fund seeks to invest in securities with a maturity of more than ten years. BlackRock MuniHoldings Fund, Inc. was formed on May 2, 1997 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock MuniHoldings Fund has a trailing twelve months EPS of $0.31.

PE Ratio

Blackrock MuniHoldings Fund has a trailing twelve months price to earnings ratio of 37.61. Meaning, the purchaser of the share is investing $37.61 for every dollar of annual earnings.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.6%, now sitting on 47.34M for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 0.63 and the estimated forward annual dividend yield is 5.36%.

Volume

Today’s last reported volume for Blackrock MuniHoldings Fund is 165941 which is 51.53% above its average volume of 109506.

2. The Shyft Group (SHYF)

105.26% Payout Ratio

The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment manufactures and sells commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment engineers and manufactures luxury class A diesel motor home chassis; and manufactures and assembles truck bodies under the Royal Truck Body and DuraMag brands. It also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. The Shyft Group, Inc. sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.05%.

Sales Growth

The Shyft Group’s sales growth is negative 10.5% for the ongoing quarter and 14.5% for the next.

Volume

Today’s last reported volume for The Shyft Group is 236639 which is 16.51% below its average volume of 283443.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 1.6%.

3. Banco Santander (BSAC)

85.78% Payout Ratio

Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Corporate Investment Banking segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. It also provides mutual funds, insurance and stock brokerage, foreign exchange, leasing, factoring, financial consulting, investment management, foreign trade and mortgage financing, treasury, and transactional services, as well as specialized services to finance projects for the real estate industry. In addition, the company offers short-term financing and fund raising, and brokerage services, as well as derivatives, securitization, and other tailor-made products. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. As of December 31, 2020, the company operated 358 branches, which include 220 under the Santander brand name, 19 under the Select brand name, 32 specialized branches for the middle market, and 28 as auxiliary and payment centers, as well as 1,199 ATMs. Banco Santander-Chile was incorporated in 1977 and is headquartered in Santiago, Chile.

Earnings Per Share

As for profitability, Banco Santander has a trailing twelve months EPS of $1.32.

PE Ratio

Banco Santander has a trailing twelve months price to earnings ratio of 15.08. Meaning, the purchaser of the share is investing $15.08 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 13.86%.

Yearly Top and Bottom Value

Banco Santander’s stock is valued at $19.91 at 08:23 EST, under its 52-week high of $21.81 and way above its 52-week low of $16.89.

4. Brookline Bancorp (BRKL)

58.7% 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 $0.92.

PE Ratio

Brookline Bancorp has a trailing twelve months price to earnings ratio of 9.4. Meaning, the purchaser of the share is investing $9.4 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 6.96%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 9, 2024, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 6.25%.

5. Fomento Economico Mexicano S.A.B. de C.V. (FMX)

46.5% Payout Ratio

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of collers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. Further, it operates small-box retail and food convenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.–) names, as well as pretzels under the Ditsch name. The company was founded in 1890 and is based in Monterrey, Mexico.

Earnings Per Share

As for profitability, Fomento Economico Mexicano S.A.B. de C.V. has a trailing twelve months EPS of $1.17.

PE Ratio

Fomento Economico Mexicano S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 106.19. Meaning, the purchaser of the share is investing $106.19 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 Fomento Economico Mexicano S.A.B. de C.V. is 604427 which is 13.03% below its average volume of 695060.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 30.9% and a drop 23.3% for the next.

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%.

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Sales Growth

1’s sales growth is 1% for the ongoing quarter and 1% for the next.

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