(VIANEWS) – Dreyfus Municipal Bond Infrastructure Fund (DMB), North European Oil Royality Trust (NRT), Lazard LTD (LAZ) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio up until now. 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. Dreyfus Municipal Bond Infrastructure Fund (DMB)
706.67% Payout Ratio
BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities. The fund invests its bonds issued by infrastructure sector including transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors which are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody's with an effective duration of up to 14 years. It employs fundamental and quantitative analysis with a bottom-up security picking approach by focusing on factors such as the relative value and attractiveness of various sectors and securities to seek to exploit pricing inefficiencies in the municipal bond market, actively trading among various sectors based on their apparent values, general economic and monetary conditions, prevailing interest rates and the condition of the general money market and the municipal bond market, the size of a particular offering, the maturity of the obligation, and the rating of the issue to create its portfolio. The fund was formerly known as Dreyfus Municipal Bond Infrastructure Fund, Inc. BNY Mellon Municipal Bond Infrastructure Fund, Inc. was formed on April 25, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Dreyfus Municipal Bond Infrastructure Fund has a trailing twelve months EPS of $-0.24.
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 -1.52%.
Yearly Top and Bottom Value
Dreyfus Municipal Bond Infrastructure Fund’s stock is valued at $10.32 at 01:23 EST, way below its 52-week high of $11.79 and way above its 52-week low of $8.94.
Moving Average
Dreyfus Municipal Bond Infrastructure Fund’s worth is higher than its 50-day moving average of $10.22 and below its 200-day moving average of $10.39.
Volume
Today’s last reported volume for Dreyfus Municipal Bond Infrastructure Fund is 86308 which is 15.99% below its average volume of 102747.
2. North European Oil Royality Trust (NRT)
130.43% Payout Ratio
North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. It holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur. North European Oil Royalty Trust is based in Keene, New Hampshire.
Earnings Per Share
As for profitability, North European Oil Royality Trust has a trailing twelve months EPS of $2.4.
PE Ratio
North European Oil Royality Trust has a trailing twelve months price to earnings ratio of 2.12. Meaning, the purchaser of the share is investing $2.12 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 3565.7%.
Moving Average
North European Oil Royality Trust’s worth is way below its 50-day moving average of $5.86 and way under its 200-day moving average of $10.60.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 15, 2024, the estimated forward annual dividend rate is 2.31 and the estimated forward annual dividend yield is 47.34%.
3. Lazard LTD (LAZ)
89.95% Payout Ratio
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, capital advisory, restructurings, shareholder advisory, sovereign advisory, capital raising, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Lazard LTD has a trailing twelve months EPS of $-0.9.
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 -6.27%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.9%, now sitting on 2.52B for the twelve trailing months.
4. First Savings Financial Group (FSFG)
62.22% Payout Ratio
First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits. The company also provides loans, including one-to four-family residential real estate, commercial real estate, construction, land and land development, multi-family real estate, and commercial business loans, as well as consumer loans, such as automobile loans, home equity lines of credit, unsecured loans, and loans secured by deposits. In addition, it is involved in the mortgage banking; investment activities; and the provision of property and casualty insurance products, and reinsurance to other third-party insurance captives. The company operates 15 branches. First Savings Financial Group, Inc. was incorporated in 2008 and is based in Jeffersonville, Indiana.
Earnings Per Share
As for profitability, First Savings Financial Group has a trailing twelve months EPS of $0.9.
PE Ratio
First Savings Financial Group has a trailing twelve months price to earnings ratio of 18.61. Meaning, the purchaser of the share is investing $18.61 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 3.83%.
5. Heartland Express (HTLD)
42.11% Payout Ratio
Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium, and long haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services. The company offers its services under the Heartland Express and Millis Transfer brand names. It primarily serves retailers and manufacturers in consumer goods, appliances, food products, and automotive industries. Heartland Express, Inc. was founded in 1978 and is headquartered in North Liberty, Iowa.
Earnings Per Share
As for profitability, Heartland Express has a trailing twelve months EPS of $0.19.
PE Ratio
Heartland Express has a trailing twelve months price to earnings ratio of 65.68. Meaning, the purchaser of the share is investing $65.68 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 1.72%.
Yearly Top and Bottom Value
Heartland Express’s stock is valued at $12.48 at 01:23 EST, way under its 52-week high of $17.08 and above its 52-week low of $11.44.
Volume
Today’s last reported volume for Heartland Express is 260345 which is 14.1% below its average volume of 303101.
6. Webster Financial Corporation (WBS)
32.59% Payout Ratio
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment provides commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; treasury management services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as derivative, treasury, accounts payable, accounts receivable, and trade products and services. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management to businesses and professional service firms. It also offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Webster Financial Corporation has a trailing twelve months EPS of $4.91.
PE Ratio
Webster Financial Corporation has a trailing twelve months price to earnings ratio of 9.55. Meaning, the purchaser of the share is investing $9.55 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 10.36%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 2, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 3.47%.
Yearly Top and Bottom Value
Webster Financial Corporation’s stock is valued at $46.90 at 01:23 EST, way below its 52-week high of $55.83 and way higher than its 52-week low of $31.03.
Volume
Today’s last reported volume for Webster Financial Corporation is 439444 which is 69.38% below its average volume of 1435540.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
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).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
