(VIANEWS) – Iron Mountain Incorporated (IRM), BlackRock California Municipal Income Trust (BFZ), Nuveen Floating Rate Income Fund (JFR) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio at the moment. 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. Iron Mountain Incorporated (IRM)
389.17% Payout Ratio
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $0.66.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 148.91. Meaning, the purchaser of the share is investing $148.91 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 47.37%.
Moving Average
Iron Mountain Incorporated’s worth is way higher than its 50-day moving average of $86.93 and way higher than its 200-day moving average of $73.68.
Sales Growth
Iron Mountain Incorporated’s sales growth is 10.8% for the current quarter and 9.2% for the next.
Volume
Today’s last reported volume for Iron Mountain Incorporated is 1082280 which is 39.85% below its average volume of 1799500.
2. BlackRock California Municipal Income Trust (BFZ)
168% Payout Ratio
BlackRock California Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds that are exempt from regular federal and California income taxes. BlackRock California Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock California Municipal Income Trust has a trailing twelve months EPS of $0.3.
PE Ratio
BlackRock California Municipal Income Trust has a trailing twelve months price to earnings ratio of 39.77. Meaning, the purchaser of the share is investing $39.77 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 1.96%.
Moving Average
BlackRock California Municipal Income Trust’s value is above its 50-day moving average of $11.87 and higher than its 200-day moving average of $11.49.
Yearly Top and Bottom Value
BlackRock California Municipal Income Trust’s stock is valued at $11.93 at 20:23 EST, under its 52-week high of $12.31 and way above its 52-week low of $9.86.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 24.8M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 0.71 and the estimated forward annual dividend yield is 5.9%.
3. Nuveen Floating Rate Income Fund (JFR)
106.32% Payout Ratio
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Floating Rate Income Fund has a trailing twelve months EPS of $0.91.
PE Ratio
Nuveen Floating Rate Income Fund has a trailing twelve months price to earnings ratio of 9.6. Meaning, the purchaser of the share is investing $9.6 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 negative -2.97%.
Yearly Top and Bottom Value
Nuveen Floating Rate Income Fund’s stock is valued at $8.74 at 20:23 EST, below its 52-week high of $8.89 and way higher than its 52-week low of $7.61.
Moving Average
Nuveen Floating Rate Income Fund’s worth is below its 50-day moving average of $8.76 and higher than its 200-day moving average of $8.43.
4. Regional Management Corp. (RM)
51.72% Payout Ratio
Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products. The company also provides insurance products, including credit life, credit accident and health, credit property, vehicle single interest, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products. In addition, its loans are sourced through branches, centrally-managed direct mail campaigns, and digital partners, as well as its consumer website. The company was incorporated in 1987 and is headquartered in Greer, South Carolina.
Earnings Per Share
As for profitability, Regional Management Corp. has a trailing twelve months EPS of $2.32.
PE Ratio
Regional Management Corp. has a trailing twelve months price to earnings ratio of 13.36. Meaning, the purchaser of the share is investing $13.36 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 6.88%.
Volume
Today’s last reported volume for Regional Management Corp. is 5308 which is 84.17% below its average volume of 33536.
Sales Growth
Regional Management Corp.’s sales growth for the current quarter is 4.5%.
5. Flowserve Corporation (FLS)
45.51% Payout Ratio
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Flowserve Corporation has a trailing twelve months EPS of $1.78.
PE Ratio
Flowserve Corporation has a trailing twelve months price to earnings ratio of 27.9. Meaning, the purchaser of the share is investing $27.9 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 13.06%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 21.2% and 30%, respectively.
Yearly Top and Bottom Value
Flowserve Corporation’s stock is valued at $49.67 at 20:23 EST, under its 52-week high of $52.06 and way higher than its 52-week low of $35.32.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 1.69%.
6. Targa Resources (TRGP)
41.24% Payout Ratio
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Targa Resources has a trailing twelve months EPS of $4.85.
PE Ratio
Targa Resources has a trailing twelve months price to earnings ratio of 28.03. Meaning, the purchaser of the share is investing $28.03 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 30.18%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 13.2% and positive 41.2% for the next.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
