(VIANEWS) – Highway Holdings Limited (HIHO), Glen Burnie Bancorp (GLBZ), Heartland Financial USA (HTLF) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio at the moment. 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. Highway Holdings Limited (HIHO)
227.27% Payout Ratio
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.
Earnings Per Share
As for profitability, Highway Holdings Limited has a trailing twelve months EPS of $-0.12.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 39.5%, now sitting on 6.85M for the twelve trailing months.
Volume
Today’s last reported volume for Highway Holdings Limited is 1685 which is 75.86% below its average volume of 6982.
Yearly Top and Bottom Value
Highway Holdings Limited’s stock is valued at $1.81 at 14:23 EST, way under its 52-week high of $2.36 and above its 52-week low of $1.73.
2. Glen Burnie Bancorp (GLBZ)
222.22% Payout Ratio
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, and IRA and SEP accounts, as well as certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer installment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers ancillary products and services comprising safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, and automated teller machine (ATM) services, as well as electronic banking services that include telephone banking, online banking, bill pay, card control, mobile app, merchant source capture, mobile deposit capture, Zelle, etc. Further, it provides treasury services, including wire transfer and ACH services, and debit cards. Additionally, the company engages in the business of acquiring, holding, and disposing of real property. It serves customers in northern Anne Arundel county and surrounding areas from its main office and branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company also has a remote ATM located in Pasadena, Maryland. Glen Burnie Bancorp was founded in 1949 and is based in Glen Burnie, Maryland.
Earnings Per Share
As for profitability, Glen Burnie Bancorp has a trailing twelve months EPS of $0.18.
PE Ratio
Glen Burnie Bancorp has a trailing twelve months price to earnings ratio of 25.44. Meaning, the purchaser of the share is investing $25.44 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 2.98%.
Yearly Top and Bottom Value
Glen Burnie Bancorp’s stock is valued at $4.58 at 14:23 EST, way under its 52-week high of $7.85 and way above its 52-week low of $3.37.
3. Heartland Financial USA (HTLF)
85.11% Payout Ratio
Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. It also accepts various deposit products, including checking and other demand deposit accounts; NOW, savings, money market, individual retirement; certificates of deposit; and other time deposits. The company offers commercial and industrial loans; commercial real estate loans; real estate mortgage loans; small business loans; agricultural loans; consumer loans comprising motor vehicle and home improvement loans, home equity line of credit, and fixed rate home equity and personal lines of credit; and credit cards for commercial, business, and personal use. In addition, it provides online banking, mobile banking, telephone banking, bill payment, automated clearing house, wire transfer, zero balance account, transaction reporting, lock box, remote deposit capture, accounts receivable, investment sweep account, reconciliation, treasury management, wealth management, trust, foreign exchange, and various fraud prevention services, such as check and electronic positive pay, as well as commercial purchasing and merchant credit cards, debit cards, and automated teller machines. Further, the company offers investment services, such as mutual funds, annuities, retirement products, education savings products, and brokerage services. Additionally, it is involved in the community development, consumer finance, multi-line insurance agency, and property management businesses. The company operates in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas, and California. Heartland Financial USA, Inc. was founded in 1981 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, Heartland Financial USA has a trailing twelve months EPS of $1.41.
PE Ratio
Heartland Financial USA has a trailing twelve months price to earnings ratio of 36.07. Meaning, the purchaser of the share is investing $36.07 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 3.56%.
4. Mesabi Trust (MSB)
61.79% Payout Ratio
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.
Earnings Per Share
As for profitability, Mesabi Trust has a trailing twelve months EPS of $1.63.
PE Ratio
Mesabi Trust has a trailing twelve months price to earnings ratio of 10.18. Meaning, the purchaser of the share is investing $10.18 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 129.51%.
Volume
Today’s last reported volume for Mesabi Trust is 9994 which is 50.53% below its average volume of 20203.
Moving Average
Mesabi Trust’s value is under its 50-day moving average of $17.38 and under its 200-day moving average of $18.35.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 29, 2024, the estimated forward annual dividend rate is 1.01 and the estimated forward annual dividend yield is 5.86%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 238.1%, now sitting on 27.26M for the twelve trailing months.
5. Alliancebernstein Global High Income Fund (AWF)
53.84% Payout Ratio
AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of JPMorgan Government Bond Index-Emerging Markets, JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. It was previously known as Alliance World Dollar Government Fund II, Inc. AllianceBernstein Global High Income Fund was formed on May 20, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Alliancebernstein Global High Income Fund has a trailing twelve months EPS of $1.46.
PE Ratio
Alliancebernstein Global High Income Fund has a trailing twelve months price to earnings ratio of 7.6. Meaning, the purchaser of the share is investing $7.6 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 13.32%.
Volume
Today’s last reported volume for Alliancebernstein Global High Income Fund is 165151 which is 27.64% below its average volume of 228266.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 74.13M for the twelve trailing months.
Yearly Top and Bottom Value
Alliancebernstein Global High Income Fund’s stock is valued at $11.10 at 14:23 EST, below its 52-week high of $11.11 and way above its 52-week low of $9.20.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 1, 2024, the estimated forward annual dividend rate is 0.79 and the estimated forward annual dividend yield is 7.08%.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 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).
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).
Dividend Yield
As claimed 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%.
