(VIANEWS) – Invesco Value Municipal Income Trust (IIM), Spectrum Brands Holdings (SPB), Southwest Gas Corporation (SWX) are the highest payout ratio stocks on this list.
We have congregated 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 researching 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. Invesco Value Municipal Income Trust (IIM)
2883% Payout Ratio
Invesco Value Municipal Income Trust is a closed-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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously known as Invesco Insured Municipal Income Trust. Invesco Value Municipal Income Trust was formed on February 26, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Value Municipal Income Trust has a trailing twelve months EPS of $0.02.
PE Ratio
Invesco Value Municipal Income Trust has a trailing twelve months price to earnings ratio of 572.5. Meaning, the purchaser of the share is investing $572.5 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 0.15%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 15, 2024, the estimated forward annual dividend rate is 0.53 and the estimated forward annual dividend yield is 4.62%.
Moving Average
Invesco Value Municipal Income Trust’s value is below its 50-day moving average of $11.52 and above its 200-day moving average of $11.42.
Volume
Today’s last reported volume for Invesco Value Municipal Income Trust is 151910 which is 13.98% below its average volume of 176601.
Yearly Top and Bottom Value
Invesco Value Municipal Income Trust’s stock is valued at $11.45 at 19:23 EST, way under its 52-week high of $12.99 and way higher than its 52-week low of $9.94.
2. Spectrum Brands Holdings (SPB)
480% Payout Ratio
Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. It operates through three segments: Home and Personal Care; Global Pet Care; and Home and Garden. The Home and Personal Care segment provides home appliances under the Black & Decker, Russell Hobbs, George Foreman, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington and LumaBella brands. The Global Pet Care segment provides rawhide chewing, dog and cat clean-up and food, training, health and grooming, small animal food and care, and rawhide-free products under the 8IN1 (8-in-1), Dingo, Nature's Miracle, Wild Harvest, Littermaid, Jungle, Excel, FURminator, IAMS, Eukanuba, Healthy-Hide, DreamBone, SmartBones, ProSense, Perfect Coat, eCOTRITION, Birdola, Good Boy, Meowee!, Wildbird, and Wafcol brands. This segment also offers aquarium kits, stand-alone tanks, and aquatics equipment and consumables under the Tetra, Marineland, Whisper, Instant Ocean, GloFish, OmegaOne, and OmegaSea brands. The Home and Garden segment provides outdoor insect and weed control solutions, and animal repellents under the Spectracide, Garden Safe, Liquid Fence, and EcoLogic brands; household pest control solutions under the Hot Shot, Black Flag, Real-Kill, Ultra Kill, The Ant Trap, and Rid-A-Bug brand names; household surface cleaning, maintenance, and restoration products, including bottled liquids, mops, wipes, and markers under the Rejuvenate brand name; and personal-use pesticides and insect repellent products under the Cutter and Repel brands. The company sells its products through retailers, e-commerce and online retailers, wholesalers, and distributors. Spectrum Brands Holdings, Inc. was incorporated in 2009 and is headquartered in Middleton, Wisconsin.
Earnings Per Share
As for profitability, Spectrum Brands Holdings has a trailing twelve months EPS of $-5.92.
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 -12.34%.
Moving Average
Spectrum Brands Holdings’s worth is higher than its 50-day moving average of $75.80 and above its 200-day moving average of $75.75.
Volume
Today’s last reported volume for Spectrum Brands Holdings is 304845 which is 54.39% below its average volume of 668459.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.2%, now sitting on 2.92B for the twelve trailing months.
Yearly Top and Bottom Value
Spectrum Brands Holdings’s stock is valued at $80.55 at 19:23 EST, below its 52-week high of $85.25 and way higher than its 52-week low of $56.69.
3. Southwest Gas Corporation (SWX)
103.4% Payout Ratio
Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. It operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. The company also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2022, it had 2,197,000 residential, commercial, industrial, and other natural gas customers. The company was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Southwest Gas Corporation has a trailing twelve months EPS of $-3.19.
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 -5.66%.
Yearly Top and Bottom Value
Southwest Gas Corporation’s stock is valued at $59.42 at 19:23 EST, way under its 52-week high of $68.03 and way above its 52-week low of $53.79.
4. Industrial Logistics Properties Trust (ILPT)
92.31% Payout Ratio
ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
Earnings Per Share
As for profitability, Industrial Logistics Properties Trust has a trailing twelve months EPS of $-1.64.
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 -11.64%.
Moving Average
Industrial Logistics Properties Trust’s value is below its 50-day moving average of $4.16 and way higher than its 200-day moving average of $3.26.
5. Eastman Chemical Company (EMN)
63.45% Payout Ratio
Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon and rosin resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers methylamines and salts higher amines and solvents; Olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Earnings Per Share
As for profitability, Eastman Chemical Company has a trailing twelve months EPS of $4.98.
PE Ratio
Eastman Chemical Company has a trailing twelve months price to earnings ratio of 17.4. Meaning, the purchaser of the share is investing $17.4 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%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 16.3%, now sitting on 9.38B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Eastman Chemical Company’s EBITDA is 37.36.
Yearly Top and Bottom Value
Eastman Chemical Company’s stock is valued at $86.66 at 19:23 EST, under its 52-week high of $92.21 and way higher than its 52-week low of $68.89.
Volume
Today’s last reported volume for Eastman Chemical Company is 1387660 which is 50.63% above its average volume of 921201.
6. Nuveen S&P 500 Buy (BXMX)
47.78% Payout Ratio
Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund also invests through index call options. It seeks to replicate the performance of the S&P 500 Index by investing in proportion to their weighting in the index. The fund was formerly known as Nuveen Equity Premium Income Fund. Nuveen S&P 500 Buy-Write Income Fund was formed on July 23, 2004 and domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen S&P 500 Buy has a trailing twelve months EPS of $1.98.
PE Ratio
Nuveen S&P 500 Buy has a trailing twelve months price to earnings ratio of 6.51. Meaning, the purchaser of the share is investing $6.51 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 14.91%.
Yearly Top and Bottom Value
Nuveen S&P 500 Buy’s stock is valued at $12.90 at 19:23 EST, under its 52-week high of $13.75 and above its 52-week low of $11.75.
Volume
Today’s last reported volume for Nuveen S&P 500 Buy is 75859 which is 63.17% below its average volume of 205990.
Moving Average
Nuveen S&P 500 Buy’s worth is above its 50-day moving average of $12.69 and under its 200-day moving average of $12.95.
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%.
