(VIANEWS) – Invesco Senior Income Trust (VVR), Voya Global Equity Dividend and Premium Opportunity Fund (IGD), Global Indemnity Group, LLC (GBLI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn’t a promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. Invesco Senior Income Trust (VVR)
3620% Payout Ratio
Invesco Senior Income Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. It is co-managed by Invesco Advisers, Inc., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Limited, Invesco Australia Limited, Invesco Hong Kong Limited, Invesco Senior Secured Management, Inc., and Invesco Canada Ltd. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of interests in floating or variable rate senior loans to corporations, partnerships, and other entities which operate in a variety of industries and geographical regions. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. The fund was formerly known as Invesco Van Kampen Senior Income Trust and Van Kampen Senior Income Trust. Invesco Senior Income Trust was formed on June 23, 1998 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Senior Income Trust has a trailing twelve months EPS of $0.01.
PE Ratio
Invesco Senior Income Trust has a trailing twelve months price to earnings ratio of 373. Meaning, the purchaser of the share is investing $373 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.47 and the estimated forward annual dividend yield is 12.58%.
2. Voya Global Equity Dividend and Premium Opportunity Fund (IGD)
533.33% Payout Ratio
Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies having a market capitalization of $1 billion or more. The fund also invests through call options on selected indices, individual securities, and/or exchange traded funds. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index and the Chicago Board Options Exchange BuyWrite Monthly Index. It was formerly known as ING Global Equity Dividend and Premium Opportunity Fund. Voya Global Equity Dividend and Premium Opportunity Fund was formed on March 28, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Voya Global Equity Dividend and Premium Opportunity Fund has a trailing twelve months EPS of $0.09.
PE Ratio
Voya Global Equity Dividend and Premium Opportunity Fund has a trailing twelve months price to earnings ratio of 56.44. Meaning, the purchaser of the share is investing $56.44 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 1.4%.
Moving Average
Voya Global Equity Dividend and Premium Opportunity Fund’s value is below its 50-day moving average of $5.08 and under its 200-day moving average of $5.22.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.8%, now sitting on 16.51M for the twelve trailing months.
Volume
Today’s last reported volume for Voya Global Equity Dividend and Premium Opportunity Fund is 111746 which is 38.88% below its average volume of 182851.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 2, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 9.45%.
3. Global Indemnity Group, LLC (GBLI)
90.09% Payout Ratio
Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsurance products worldwide. It operates through Commercial Specialty; Farm, Ranch, & Stable; and Reinsurance Operations segments. The Commercial Specialty segment distributes property, general liability, casualty, and professional lines products. This segment sells its products through a network of wholesale general agents and program administrators. The Farm, Ranch, & Stable segment offers commercial farm auto and excess/umbrella coverage for the agriculture industry, as well as specialized insurance products for the equine mortality and equine major medical industry on an admitted basis through wholesalers and retail agents. The Reinsurance Operations segment provides offer third-party treaty reinsurance for casualty insurance and reinsurance companies, as well as professional liability products to companies through brokers. Global Indemnity Group, LLC was founded in 2003 and is headquartered in Bala Cynwyd, Pennsylvania.
Earnings Per Share
As for profitability, Global Indemnity Group, LLC has a trailing twelve months EPS of $1.11.
PE Ratio
Global Indemnity Group, LLC has a trailing twelve months price to earnings ratio of 30.41. Meaning, the purchaser of the share is investing $30.41 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 2.53%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 21, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 3.07%.
4. Motorola (MSI)
41.75% Payout Ratio
Motorola Solutions, Inc. provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce. Its land mobile radio communications, and video security and access control devices include two-way portable and vehicle-mounted radios, fixed and mobile video cameras, and accessories; radio network core and central processing software, base stations, consoles, and repeaters; and video analytics, network video management hardware and software, and access control solutions. The Software and Services segment provides public safety and enterprise command center, unified communications applications, mobile video equipment, and video software solutions; repair, technical support, and maintenance services; and monitoring, software updates, and cybersecurity services. The company was formerly known as Motorola, Inc. and changed its name to Motorola Solutions, Inc. in January 2011. Motorola Solutions, Inc. was founded in 1928 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Motorola has a trailing twelve months EPS of $8.01.
PE Ratio
Motorola has a trailing twelve months price to earnings ratio of 34.56. Meaning, the purchaser of the share is investing $34.56 for every dollar of annual earnings.
5. M&T Bank (MTB)
37.93% Payout Ratio
M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that offer retail and commercial banking products and services in the United States. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit, and credit services. Its Discretionary Portfolio segment provides deposits, securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans, and sub-services residential real estate loans for others. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management and advisory services; financial management, and planning, leasing, and financing services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
Earnings Per Share
As for profitability, M&T Bank has a trailing twelve months EPS of $12.92.
PE Ratio
M&T Bank has a trailing twelve months price to earnings ratio of 8.97. Meaning, the purchaser of the share is investing $8.97 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 10.78%.
Yearly Top and Bottom Value
M&T Bank’s stock is valued at $115.84 at 20:23 EST, way below its 52-week high of $193.42 and above its 52-week low of $109.36.
Revenue Growth
Year-on-year quarterly revenue growth grew by 59.3%, now sitting on 8.51B for the twelve trailing months.
