(VIANEWS) – John Hancock (HPS), Calamos Convertible Opportunities and Income Fund (CHI), Apollo Senior Floating Rate Fund (AFT) 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 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. John Hancock (HPS)
1787.5% Payout Ratio
John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund III was formed on June 19, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock has a trailing twelve months EPS of $0.08.
PE Ratio
John Hancock has a trailing twelve months price to earnings ratio of 201.75. Meaning, the purchaser of the share is investing $201.75 for every dollar of annual earnings.
Yearly Top and Bottom Value
John Hancock’s stock is valued at $16.14 at 08:23 EST, below its 52-week high of $16.33 and way higher than its 52-week low of $11.79.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.9%, now sitting on 51.23M for the twelve trailing months.
Moving Average
John Hancock’s worth is higher than its 50-day moving average of $15.68 and way higher than its 200-day moving average of $14.51.
2. Calamos Convertible Opportunities and Income Fund (CHI)
120% Payout Ratio
Calamos Convertible Opportunities and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative analysis with a focus on such factors as financial soundness, ability to make interest and dividend payments, earnings and cash-flow forecast, and quality of management to create its portfolio. Calamos Convertible Opportunities and Income Fund was formed on April 17, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Calamos Convertible Opportunities and Income Fund has a trailing twelve months EPS of $0.95.
PE Ratio
Calamos Convertible Opportunities and Income Fund has a trailing twelve months price to earnings ratio of 12.24. Meaning, the purchaser of the share is investing $12.24 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 9.5%.
Moving Average
Calamos Convertible Opportunities and Income Fund’s worth is above its 50-day moving average of $11.60 and higher than its 200-day moving average of $10.91.
Yearly Top and Bottom Value
Calamos Convertible Opportunities and Income Fund’s stock is valued at $11.63 at 08:23 EST, under its 52-week high of $12.11 and way above its 52-week low of $9.70.
Volume
Today’s last reported volume for Calamos Convertible Opportunities and Income Fund is 198035 which is 20.89% above its average volume of 163801.
3. Apollo Senior Floating Rate Fund (AFT)
63.68% Payout Ratio
Apollo Senior Floating Rate Fund Inc. is a closed ended fixed income mutual fund launched and managed by Apollo Credit Management, LLC. The Fund invests in fixed income markets. It primarily invests in senior secured loans made to companies whose debt is rated below investment grade. The Fund employs a conservative approach to credit selection that focuses on collateral coverage, structural seniority, and credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams. It benchmarks the performance of its portfolios against the S&P/LSTA Leveraged Loan Index. Apollo Senior Floating Rate Fund Inc. was formed on February 23, 2011 and is domiciled in United States.
Earnings Per Share
As for profitability, Apollo Senior Floating Rate Fund has a trailing twelve months EPS of $2.31.
PE Ratio
Apollo Senior Floating Rate Fund has a trailing twelve months price to earnings ratio of 6.46. Meaning, the purchaser of the share is investing $6.46 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 15.8%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 30.8%, now sitting on 38.67M for the twelve trailing months.
Moving Average
Apollo Senior Floating Rate Fund’s worth is above its 50-day moving average of $14.77 and above its 200-day moving average of $13.94.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 11, 2024, the estimated forward annual dividend rate is 1.74 and the estimated forward annual dividend yield is 11.67%.
4. Blackrock Global Blackrock Global Opportunities Equity Trust (BOE)
47.25% Payout Ratio
BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on options on equity securities or indices. It benchmarks the performance of its portfolio against the S&P Global Broad Market Index. The fund was formerly known as BlackRock Global Opportunities Equity Trust. BlackRock Enhanced Global Dividend Trust was formed on May 31, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Global Blackrock Global Opportunities Equity Trust has a trailing twelve months EPS of $1.6.
PE Ratio
Blackrock Global Blackrock Global Opportunities Equity Trust has a trailing twelve months price to earnings ratio of 6.68. Meaning, the purchaser of the share is investing $6.68 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 13.71%.
Volume
Today’s last reported volume for Blackrock Global Blackrock Global Opportunities Equity Trust is 173830 which is 9.59% above its average volume of 158607.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 7.08%.
Moving Average
Blackrock Global Blackrock Global Opportunities Equity Trust’s value is higher than its 50-day moving average of $10.59 and higher than its 200-day moving average of $10.12.
5. Ark Restaurants Corp. (ARKR)
39.34% Payout Ratio
Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. As of December 19, 2022, it owned and operated 17 restaurants and bars, including four restaurants located in New York City; one in Washington, D.C.; five in Las Vegas, Nevada; one in Atlantic City, New Jersey; four on the east coast of Florida; and two on the gulf coast of Alabama, as well as had 16 fast food concepts and catering operations. The company was incorporated in 1983 and is based in New York, New York.
Earnings Per Share
As for profitability, Ark Restaurants Corp. has a trailing twelve months EPS of $-2.01.
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 -12.19%.
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%.
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).
