(VIANEWS) – Invesco Bond Fund (VBF), Big 5 Sporting Goods Corporation (BGFV), CVR Partners, LP (UAN) 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. Invesco Bond Fund (VBF)
4007.5% Payout Ratio
Invesco Bond Fund is a close ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in fixed income markets. The fund primarily invests in fixed-rate investment-grade corporate bonds. It benchmarks the performance of its portfolio against the Barclays Baa U.S. Corporate Bond Index. It was formerly known as Invesco Van Kampen Bond Fund. Invesco Bond Fund was formed in 1970 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Bond Fund has a trailing twelve months EPS of $0.02.
PE Ratio
Invesco Bond Fund has a trailing twelve months price to earnings ratio of 792.5. Meaning, the purchaser of the share is investing $792.5 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 0.1%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.6%, now sitting on 9.86M for the twelve trailing months.
Volume
Today’s last reported volume for Invesco Bond Fund is 15854 which is 61.44% below its average volume of 41116.
2. Big 5 Sporting Goods Corporation (BGFV)
625% Payout Ratio
Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company's products include athletic shoes, apparel, and accessories. It also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation. The company also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment. It sells private label merchandise under its own trademarks comprising Golden Bear, Harsh, Pacifica, and Rugged Exposure. As of May 03, 2022, the company operated 431 stores. It also operates an e-commerce platform under the Big 5 Sporting Goods name. The company was founded in 1955 and is headquartered in El Segundo, California.
Earnings Per Share
As for profitability, Big 5 Sporting Goods Corporation has a trailing twelve months EPS of $0.16.
PE Ratio
Big 5 Sporting Goods Corporation has a trailing twelve months price to earnings ratio of 34.81. Meaning, the purchaser of the share is investing $34.81 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 1.33%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 30, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 9.33%.
Yearly Top and Bottom Value
Big 5 Sporting Goods Corporation’s stock is valued at $5.57 at 13:23 EST, way under its 52-week high of $10.26 and way higher than its 52-week low of $4.25.
3. CVR Partners, LP (UAN)
110.09% Payout Ratio
CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company. CVR Partners, LP was incorporated in 2007 and is based in Sugar Land, Texas. CVR Partners, LP operates as a subsidiary of CVR Energy, Inc.
Earnings Per Share
As for profitability, CVR Partners, LP has a trailing twelve months EPS of $24.38.
PE Ratio
CVR Partners, LP has a trailing twelve months price to earnings ratio of 3.03. Meaning, the purchaser of the share is investing $3.03 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 80.01%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 10, 2023, the estimated forward annual dividend rate is 26.62 and the estimated forward annual dividend yield is 36.09%.
4. AmeriServ Financial (ASRV)
70.59% Payout Ratio
AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, and money orders. The company also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers. In addition, the company offers personal trust products and services, including personal portfolio investment management, estate planning and administration, custodial services, and pre-need trusts; institutional trust products and services comprising 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts; financial services consisting of the sale of mutual funds, annuities, and insurance products; and union collective investment funds to invest union pension dollars in construction projects that utilize union labor. Further, it engages in underwriting as reinsurer of credit life and disability insurance. The company operates through a network of 17 banking locations in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania, and Washington County, Maryland; and operates 18 automated bank teller machines. AmeriServ Financial, Inc. is headquartered in Johnstown, Pennsylvania.
Earnings Per Share
As for profitability, AmeriServ Financial has a trailing twelve months EPS of $-0.2.
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 -3.21%.
5. Darden Restaurants (DRI)
61.02% Payout Ratio
Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's Prime Seafood, and Capital Burger brand names. Darden Restaurants, Inc. was incorporated in 1995 and is based in Orlando, Florida.
Earnings Per Share
As for profitability, Darden Restaurants has a trailing twelve months EPS of $8.26.
PE Ratio
Darden Restaurants has a trailing twelve months price to earnings ratio of 20.6. Meaning, the purchaser of the share is investing $20.6 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 49.72%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 9, 2024, the estimated forward annual dividend rate is 5.14 and the estimated forward annual dividend yield is 3.03%.
Moving Average
Darden Restaurants’s value is above its 50-day moving average of $163.10 and above its 200-day moving average of $157.56.
6. Broadcom (AVGO)
55.79% Payout Ratio
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.
BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) — Mobile World Congress 2024 -VMware, recently acquired by Broadcom Inc., today announced that DISH Wireless has deployed VMware Telco Cloud Service Assurance across the Boost Wireless Network in a pilot production environment to deliver real-time network monitoring, assurance and automation, providing a superior 5G network and subscriber experience.
Broadcom unveils product innovations across its software-defined edge portfolio for telcos and enterprises at mobile world congress 2024BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) — Mobile World Congress 2024 –Today, VMware, recently acquired by Broadcom Inc., announced significant new developments across its 5G, SD-WAN, SASE and Edge Compute, collectively the Software-Defined Edge portfolio, to enable Communications Service Providers (CSPs) to modernize their networks and create new monetizable services.
Communications service providers modernize networks via broadcom, partner ecosystem collaborationBARCELONA, Feb. 27, 2024 (GLOBE NEWSWIRE) — Today at Mobile World Congress (MWC) 2024, VMware, recently acquired by Broadcom Inc., highlighted Communications Service Providers (CSPs) deploying VMware Telco Cloud and VMware Service Management and Orchestration (SMO) solutions as well as co-innovations with its partner ecosystem to help global CSPs to modernize their networks and create monetizable services quickly.
Earnings Per Share
As for profitability, Broadcom has a trailing twelve months EPS of $32.99.
PE Ratio
Broadcom has a trailing twelve months price to earnings ratio of 39.27. Meaning, the purchaser of the share is investing $39.27 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 60.31%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.4%, now sitting on 35.82B for the twelve trailing months.
Previous days news about Broadcom (AVGO)
- KKR & co. nears $4 bln deal to acquire software business from broadcom : reports. According to Business Insider on Sunday, 25 February, "In late November 2023, reports said that Broadcom was evaluating strategic alternatives for two business units it acquired when it purchased VMware for $69 billion.", "In May 2022, Broadcom agreed to acquire VMware in around $61 billion cash-and-stock deal. "
- Broadcom inc. (avgo) advances while market declines: some information for investors. According to Zacks on Monday, 26 February, "Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Broadcom Inc. Such recent modifications usually signify the changing landscape of near-term business trends. ", "Looking at its valuation, Broadcom Inc. is holding a Forward P/E ratio of 27.28. "
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%.
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%.
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).
