(VIANEWS) – Gabelli Convertible and Income Securities Fund (GCV), Marcus Corporation (MCS), Texas Roadhouse (TXRH) 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 guarantee 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. Gabelli Convertible and Income Securities Fund (GCV)
1600% Payout Ratio
The Gabelli Convertible and Income Securities Fund Inc. is a closed-ended balanced mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity and fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in convertible securities and other debt and equity securities. The fund benchmarks the performance of its portfolio against the Standard & Poor's 500 Index, Barclays Government/Credit Bond Index, and Lipper Convertible Securities Fund Average. It was formerly known as Gabelli Convertible Securities Fund Inc. The Gabelli Convertible and Income Securities Fund Inc. was formed on December 19, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Gabelli Convertible and Income Securities Fund has a trailing twelve months EPS of $-1.67.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 13, 2024, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 13.15%.
Yearly Top and Bottom Value
Gabelli Convertible and Income Securities Fund’s stock is valued at $3.65 at 02:23 EST, way below its 52-week high of $4.58 and way above its 52-week low of $3.15.
Revenue Growth
Year-on-year quarterly revenue growth grew by 96.4%, now sitting on 4.3M for the twelve trailing months.
Moving Average
Gabelli Convertible and Income Securities Fund’s worth is above its 50-day moving average of $3.64 and under its 200-day moving average of $3.82.
2. Marcus Corporation (MCS)
52.17% Payout Ratio
The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 17, 2020, it owned or operated 1,110 screens at 91 locations in 17 states under the Marcus Theatres, Movie Tavern by Marcus, and BistroPlex brands; and owned and managed 20 hotels, resorts, and other properties in eight states. The company also operates a family entertainment center under the Funset Boulevard name in Appleton, Wisconsin, as well as owns and operates a retail outlet under the name of Ronnie's Plaza. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development. The company was founded in 1935 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Marcus Corporation has a trailing twelve months EPS of $0.46.
PE Ratio
Marcus Corporation has a trailing twelve months price to earnings ratio of 30.78. Meaning, the purchaser of the share is investing $30.78 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 3.19%.
3. Texas Roadhouse (TXRH)
48.46% Payout Ratio
Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of December 29, 2020, it operated 537 domestic restaurants and 97 franchise restaurants. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.
Earnings Per Share
As for profitability, Texas Roadhouse has a trailing twelve months EPS of $4.54.
PE Ratio
Texas Roadhouse has a trailing twelve months price to earnings ratio of 32.68. Meaning, the purchaser of the share is investing $32.68 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 28.71%.
Sales Growth
Texas Roadhouse’s sales growth is 14.7% for the ongoing quarter and 12.1% for the next.
Yearly Top and Bottom Value
Texas Roadhouse’s stock is valued at $148.36 at 02:23 EST, below its 52-week high of $152.55 and way higher than its 52-week low of $91.06.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 12, 2024, the estimated forward annual dividend rate is 2.26 and the estimated forward annual dividend yield is 1.52%.
4. Griffon Corporation (GFF)
36.76% Payout Ratio
Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; wheelbarrows and lawn carts; snow, striking, and hand tools; planters and lawn accessories; garden hoses; and pruners, loppers, shears, and other tools, as well as cleaning products for professional, home, and industrial use. It also designs and sells residential, industrial, and commercial fans under the Hunter Fan and Casablanca brand names The company's Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and rolling steel door and grille products for commercial, industrial, institutional, and retail uses. It sells its products under the True Temper, AMES, ClosetMaid, Clopay, Ideal, Holmes, CornellCookson, Garant, Harper, UnionTools, Westmix, Cyclone, Southern Patio, Northcote Pottery, Nylex, Hills, Kelkay, Tuscan Path, La Hacienda, Kelso, Dynamic Design, Apta, Quatro Design, Razor-Back, Jackson, Darby, Trojan, Supercraft, NeverLeak, Maximum Load, SuperSlide, ShelfTrack, MasterSuite, Suite Symphony, ExpressShelf, Style+, and SpaceCreations brand names. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1774 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Griffon Corporation has a trailing twelve months EPS of $1.36.
PE Ratio
Griffon Corporation has a trailing twelve months price to earnings ratio of 51.77. Meaning, the purchaser of the share is investing $51.77 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 17.51%.
Yearly Top and Bottom Value
Griffon Corporation’s stock is valued at $70.41 at 02:23 EST, under its 52-week high of $72.13 and way above its 52-week low of $25.97.
Volume
Today’s last reported volume for Griffon Corporation is 1907910 which is 342.26% above its average volume of 431395.
5. Formula Systems (FORTY)
30.68% Payout Ratio
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development tools; and professional training courses and advanced professional studies. In addition, it markets and sells computers and peripheral equipment to business customers; offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise; life, pension, and annuities platforms, including Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO; and Sapiens platform for workers' compensation solutions. Further, the company provides financial and compliance solutions that include Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro; Sapiens DECISION, a decision management platform; and technology-based solutions. Additionally, it offers application development and business process integration platforms; vertical software solutions; strategic consulting and outsourcing services; and professional services in various areas, as well as develops on-premise payroll software. Formula Systems (1985) Ltd. was incorporated in 1985 and is headquartered in Or Yehuda, Israel.
Earnings Per Share
As for profitability, Formula Systems has a trailing twelve months EPS of $4.07.
PE Ratio
Formula Systems has a trailing twelve months price to earnings ratio of 20.4. Meaning, the purchaser of the share is investing $20.4 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 13.34%.
Moving Average
Formula Systems’s worth is way above its 50-day moving average of $71.38 and way higher than its 200-day moving average of $69.35.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 3, 2024, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 1.52%.
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%.
