(VIANEWS) – Dow Chemical Company (DOW), Franklin Universal Trust (FT), MV Oil Trust Units of Beneficial Interests (MVO) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Dow Chemical Company (DOW)
166.67% Payout Ratio
Dow Inc., through its subsidiaries, engages in the provision of various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. The company operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers for mobility and transportation, consumer, wire and cable, and construction end-markets. The Industrial Intermediates & Infrastructure segment offers purified ethylene, ethylene and ethanol amines, propylene glycol and polyether polyols, aromatic isocyanates and coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; and silicon metal, siloxanes, and intermediates used as key materials in manufacturing differentiated downstream silicone products. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.
Earnings Per Share
As for profitability, Dow Chemical Company has a trailing twelve months EPS of $0.82.
PE Ratio
Dow Chemical Company has a trailing twelve months price to earnings ratio of 70.35. Meaning, the purchaser of the share is investing $70.35 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 6.41%.
Moving Average
Dow Chemical Company’s worth is higher than its 50-day moving average of $57.52 and higher than its 200-day moving average of $54.34.
Sales Growth
Dow Chemical Company’s sales growth for the current quarter is negative 2.2%.
2. Franklin Universal Trust (FT)
115.91% Payout Ratio
Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component of its balanced portfolio against the S&P 500 Electric Utilities Index and the fixed component against the Credit Suisse High Yield. Franklin Universal Trust was formed on September 23, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Franklin Universal Trust has a trailing twelve months EPS of $0.44.
PE Ratio
Franklin Universal Trust has a trailing twelve months price to earnings ratio of 15.41. Meaning, the purchaser of the share is investing $15.41 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 5.91%.
Moving Average
Franklin Universal Trust’s value is higher than its 50-day moving average of $6.71 and higher than its 200-day moving average of $6.55.
Yearly Top and Bottom Value
Franklin Universal Trust’s stock is valued at $6.78 at 08:23 EST, under its 52-week high of $7.06 and way above its 52-week low of $5.97.
Volume
Today’s last reported volume for Franklin Universal Trust is 17510 which is 65.94% below its average volume of 51419.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 0.51 and the estimated forward annual dividend yield is 7.52%.
3. MV Oil Trust Units of Beneficial Interests (MVO)
100% Payout Ratio
MV Oil Trust acquires and holds term net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 860 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was incorporated in 2006 and is based in Houston, Texas.
Earnings Per Share
As for profitability, MV Oil Trust Units of Beneficial Interests has a trailing twelve months EPS of $1.51.
PE Ratio
MV Oil Trust Units of Beneficial Interests has a trailing twelve months price to earnings ratio of 6. Meaning, the purchaser of the share is investing $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 302.01%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 16.56%.
4. Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX)
97.19% Payout Ratio
Nuveen Dow 30 Dynamic Overwrite Fund is a closed-ended equity mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of large cap companies. The fund also invests through call options. It seeks to replicate the performance of Dow Jones Industrial Average. The fund was formerly known as Dow 30 Premium & Dividend Income Fund Inc. Nuveen Dow 30 Dynamic Overwrite Fund was formed on April 29, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Dow 30SM Dynamic Overwrite Fund has a trailing twelve months EPS of $1.18.
PE Ratio
Nuveen Dow 30SM Dynamic Overwrite Fund has a trailing twelve months price to earnings ratio of 11.71. Meaning, the purchaser of the share is investing $11.71 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 7.25%.
Yearly Top and Bottom Value
Nuveen Dow 30SM Dynamic Overwrite Fund’s stock is valued at $13.82 at 08:23 EST, below its 52-week high of $14.74 and above its 52-week low of $12.80.
Moving Average
Nuveen Dow 30SM Dynamic Overwrite Fund’s value is under its 50-day moving average of $14.04 and below its 200-day moving average of $14.02.
5. Flushing Financial Corporation (FFIC)
92.63% Payout Ratio
Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. The company also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. In addition, it offers banking services to public municipalities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2021, the company operated 24 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau and Suffolk County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.
Earnings Per Share
As for profitability, Flushing Financial Corporation has a trailing twelve months EPS of $0.95.
PE Ratio
Flushing Financial Corporation has a trailing twelve months price to earnings ratio of 13.39. Meaning, the purchaser of the share is investing $13.39 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 4.21%.
Moving Average
Flushing Financial Corporation’s worth is above its 50-day moving average of $12.14 and under its 200-day moving average of $13.55.
Volume
Today’s last reported volume for Flushing Financial Corporation is 745958 which is 305.6% above its average volume of 183912.
Yearly Top and Bottom Value
Flushing Financial Corporation’s stock is valued at $12.72 at 08:23 EST, way under its 52-week high of $18.00 and way above its 52-week low of $10.74.
6. Intel (INTC)
51.55% Payout Ratio
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products. It also offers silicon devices and software products; and optimization solutions for workloads, such as AI, cryptography, security, storage, networking, and leverages various features supporting diverse compute environments. In addition, the company develops and deploys advanced driver assistance systems (ADAS), and autonomous driving technologies and solutions; and provides advanced process technologies backed by an ecosystem of IP, EDA, and design services, as well as systems of chips, including advanced packaging technologies, software and accelerate bring-up, and integration of chips and driving standards. Further, it delivers and deploys intelligent edge platforms that allow developers to achieve agility and drive automation using AI for efficient operations with data integrity, as well as provides hardware and software platforms, tools, and ecosystem partnerships for digital transformation from the cloud to edge. The company serves original equipment manufacturers, original design manufacturers, cloud service providers, and other manufacturers and service providers. It has a strategic agreement with Synopsys, Inc. to develop EDA and IP solutions; and ARM that enables chip designers to build optimized compute SoCs on the Intel 18A process. Intel Corporation was incorporated in 1968 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, Intel has a trailing twelve months EPS of $0.4.
PE Ratio
Intel has a trailing twelve months price to earnings ratio of 89.22. Meaning, the purchaser of the share is investing $89.22 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 3.79%.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
