(VIANEWS) – John Hancock Income Securities Trust (JHS), Nuveen Dividend Advantage Municipal Fund (NAD), Blackrock Core Bond Trust Blackrock Core Bond Trust (BHK) 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 promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. John Hancock Income Securities Trust (JHS)
2072% Payout Ratio
John Hancock Income Securities Trust 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 United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years. The fund benchmarks the performance of its portfolios against the Lehman Brothers Government/ Credit Bond Index. John Hancock Income Securities Trust was formed in February 14, 1973 and is domiciled in United States.
Earnings Per Share
As for profitability, John Hancock Income Securities Trust has a trailing twelve months EPS of $0.02.
PE Ratio
John Hancock Income Securities Trust has a trailing twelve months price to earnings ratio of 547. Meaning, the purchaser of the share is investing $547 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 0.21%.
Moving Average
John Hancock Income Securities Trust’s value is above its 50-day moving average of $10.93 and above its 200-day moving average of $10.65.
Volume
Today’s last reported volume for John Hancock Income Securities Trust is 7755 which is 76.85% below its average volume of 33510.
2. Nuveen Dividend Advantage Municipal Fund (NAD)
250% Payout Ratio
Nuveen Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P). The fund was formerly known as Nuveen Dividend Advantage Municipal Fund. Nuveen Quality Municipal Income Fund was formed on January 15, 1999 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Dividend Advantage Municipal Fund has a trailing twelve months EPS of $0.19.
PE Ratio
Nuveen Dividend Advantage Municipal Fund has a trailing twelve months price to earnings ratio of 59.58. Meaning, the purchaser of the share is investing $59.58 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 1.58%.
Yearly Top and Bottom Value
Nuveen Dividend Advantage Municipal Fund’s stock is valued at $11.32 at 08:23 EST, below its 52-week high of $11.64 and way higher than its 52-week low of $9.56.
Volume
Today’s last reported volume for Nuveen Dividend Advantage Municipal Fund is 498863 which is 21% below its average volume of 631545.
Moving Average
Nuveen Dividend Advantage Municipal Fund’s value is higher than its 50-day moving average of $11.28 and above its 200-day moving average of $10.92.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 223.32M for the twelve trailing months.
3. Blackrock Core Bond Trust Blackrock Core Bond Trust (BHK)
86.91% Payout Ratio
BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities. BlackRock Core Bond Trust was formed on November 30, 2001 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Core Bond Trust Blackrock Core Bond Trust has a trailing twelve months EPS of $1.03.
PE Ratio
Blackrock Core Bond Trust Blackrock Core Bond Trust has a trailing twelve months price to earnings ratio of 10.32. Meaning, the purchaser of the share is investing $10.32 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 9.34%.
Yearly Top and Bottom Value
Blackrock Core Bond Trust Blackrock Core Bond Trust’s stock is valued at $10.63 at 08:23 EST, below its 52-week high of $11.09 and way higher than its 52-week low of $9.02.
Volume
Today’s last reported volume for Blackrock Core Bond Trust Blackrock Core Bond Trust is 129055 which is 33.37% below its average volume of 193700.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 8.42%.
4. Broadcom (AVGO)
55.79% Payout Ratio
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.
Earnings Per Share
As for profitability, Broadcom has a trailing twelve months EPS of $26.9.
PE Ratio
Broadcom has a trailing twelve months price to earnings ratio of 49.27. Meaning, the purchaser of the share is investing $49.27 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 24.75%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 20, 2024, the estimated forward annual dividend rate is 21 and the estimated forward annual dividend yield is 1.6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Broadcom’s EBITDA is 70.82.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 7.2% and 14.7%, respectively.
Previous days news about Broadcom (AVGO)
- According to Zacks on Wednesday, 27 March, "Further, Semtech collaborated with Broadcom (AVGO Quick QuoteAVGO – Free Report) to demonstrate a 200G/lane optical transceiver at ECOC 2023, featuring FiberEdge 200G PAM4 PMDs and Broadcom’s DSP PHY and single-mode optics.", "The partnership with Broadcom will enable the development of next-generation optical modules, capable of bandwidths up to 1.6TB, to drive the adoption of 51.2TB next-generation switching platforms."
- According to Zacks on Thursday, 28 March, "The latest move is likely to aid this Zacks Rank #3 (Hold) stock in strengthening its competitive position against peers like MACOM Technology Solutions (MTSI Quick QuoteMTSI – Free Report) and Broadcom (AVGO Quick QuoteAVGO – Free Report) , which are also making continuous efforts to capitalize on the growth opportunities present in the global fiber optics market."
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
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).
