(VIANEWS) – Invesco Value Municipal Income Trust (IIM), Eaton Vance Municipal Income Trust (EVN), Movado Group (MOV) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio as yet. 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. 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 590. Meaning, the purchaser of the share is investing $590 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%.
Yearly Top and Bottom Value
Invesco Value Municipal Income Trust’s stock is valued at $11.80 at 19:23 EST, under its 52-week high of $12.32 and way higher than its 52-week low of $9.94.
Moving Average
Invesco Value Municipal Income Trust’s worth is above its 50-day moving average of $11.71 and above its 200-day moving average of $11.39.
2. Eaton Vance Municipal Income Trust (EVN)
140.6% Payout Ratio
Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home. Eaton Vance Municipal Income Trust was formed in 1998 and is domiciled in United States.
Earnings Per Share
As for profitability, Eaton Vance Municipal Income Trust has a trailing twelve months EPS of $0.34.
PE Ratio
Eaton Vance Municipal Income Trust has a trailing twelve months price to earnings ratio of 29.71. Meaning, the purchaser of the share is investing $29.71 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 3%.
Moving Average
Eaton Vance Municipal Income Trust’s worth is higher than its 50-day moving average of $10.02 and higher than its 200-day moving average of $9.67.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 28.73M for the twelve trailing months.
Yearly Top and Bottom Value
Eaton Vance Municipal Income Trust’s stock is valued at $10.10 at 19:23 EST, below its 52-week high of $10.32 and way above its 52-week low of $8.64.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 12, 2024, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 5.51%.
3. Movado Group (MOV)
55.34% Payout Ratio
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. Movado Group, Inc. was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. The company was founded in 1961 and is based in Paramus, New Jersey.
Earnings Per Share
As for profitability, Movado Group has a trailing twelve months EPS of $2.53.
PE Ratio
Movado Group has a trailing twelve months price to earnings ratio of 11.26. Meaning, the purchaser of the share is investing $11.26 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 11.85%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Movado Group’s EBITDA is 19.41.
4. Genuine Parts Company (GPC)
40.73% Payout Ratio
Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals. It also distributes industrial replacement parts and related supplies, such as abrasives, adhesives, sealants and tape, bearings, chemicals, cutting tools, electrical, facility maintenance, hose and fittings, hydraulics, janitorial, mechanical power transmission, pneumatics, process pumps and equipment, safety, seals and gaskets, and tools and testing instruments, as well as maintenance, repair, and operation customers in aggregate and cement, automotive, chemical and allied products, equipment and machinery, equipment rental and leasing, fabricated metals, food and beverage, iron and steel, lumber and wood, oil and gas, pulp and paper, and rubber products. In addition, the company provides various services and repairs comprising gearbox and fluid power and process pump assembly and repair, hydraulic drive shaft repair, electrical panel assembly and repair, hose and gasket manufacture and assembly. It operates in the United States, Canada, France, the United Kingdom, Ireland, Germany, Poland, the Netherlands, Belgium, Spain, Portugal, Australia, New Zealand, Mexico, Indonesia, and Singapore. The company was incorporated in 1928 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Genuine Parts Company has a trailing twelve months EPS of $9.34.
PE Ratio
Genuine Parts Company has a trailing twelve months price to earnings ratio of 16.18. Meaning, the purchaser of the share is investing $16.18 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 32.03%.
Volume
Today’s last reported volume for Genuine Parts Company is 640377 which is 36.05% below its average volume of 1001520.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Genuine Parts Company’s EBITDA is 1.06.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.1%, now sitting on 23.09B for the twelve trailing months.
5. Richardson Electronics, Ltd. (RELL)
35.29% Payout Ratio
Richardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. The company's Power and Microwave Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables; technical services for microwave and industrial equipment; flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment; customized display solutions; and power conversion and RF and microwave component for broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology applications. Its products are used to control, switch, or amplify electrical power signals, as well as are used as display devices in alternative energy, healthcare, aviation, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company's Canvys segment provides custom display solutions, such as touch screens, protective panels, all-in-one computers, custom enclosures, specialized cabinet finishes, application specific software packages, and certification services to corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturer markets. Its Healthcare segment manufactures and distributes diagnostic imaging replacement parts for CT and MRI systems; replacement CT and MRI tubes; MRI coils, cold heads, and RF amplifiers; hydrogen thyratrons, klystrons, and magnetrons; flat panel detector upgrades; pre-owned CT systems; and additional replacement solutions, as well as offers CT service training. It serves hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company was founded in 1947 and is headquartered in LaFox, Illinois.
Earnings Per Share
As for profitability, Richardson Electronics, Ltd. has a trailing twelve months EPS of $0.68.
PE Ratio
Richardson Electronics, Ltd. has a trailing twelve months price to earnings ratio of 12.87. Meaning, the purchaser of the share is investing $12.87 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 6.45%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Richardson Electronics, Ltd.’s EBITDA is -197.71.
6. Micron Technology (MU)
31.56% Payout Ratio
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Earnings Per Share
As for profitability, Micron Technology has a trailing twelve months EPS of $-6.28.
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 -14.91%.
Moving Average
Micron Technology’s value is way higher than its 50-day moving average of $85.38 and way above its 200-day moving average of $73.20.
Yearly Top and Bottom Value
Micron Technology’s stock is valued at $98.05 at 19:23 EST, above its 52-week high of $96.06.
Volume
Today’s last reported volume for Micron Technology is 15679900 which is 1.43% above its average volume of 15458500.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.7%, now sitting on 16.18B for the twelve trailing months.
Previous days news about Micron Technology (MU)
- According to Zacks on Friday, 8 March, "Some of the leading semiconductor companies like Broadcom (AVGO Quick QuoteAVGO – Free Report) , Intel (INTC Quick QuoteINTC – Free Report) and Micron Technology (MU) not just benefited from Nvidia’s strength but were also buoyed by their own company-specific valuation tailwinds that pushed their shares up by 3.6%, 3.7% and 4%, respectively.", "Stifel upgraded its rating from hold to buy and raised the target price on Micron Technology from $80 to $120 per share, underscoring the company’s strong position. "
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
