(VIANEWS) – John Hancock Income Securities Trust (JHS), Cohen & Steers Total Return Realty Fund (RFI), Value Line (VALU) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a guarantee of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When researching 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 Income Securities Trust (JHS)
2115% 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 564.23. Meaning, the purchaser of the share is investing $564.23 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%.
Volume
Today’s last reported volume for John Hancock Income Securities Trust is 6129 which is 69% below its average volume of 19772.
2. Cohen & Steers Total Return Realty Fund (RFI)
72.18% Payout Ratio
Cohen & Steers Total Return Realty Fund, Inc. is a closed-ended equity mutual fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts. It invests in stocks of companies across all market capitalizations. It benchmarks the performance of its portfolio against the FTSE NAREIT Equity REIT Index, the S&P 500 Index, and a blended index composed of 80% FTSE NAREIT Equity REIT Index and 20% BofA Merrill Lynch REIT Preferred Securities Index. Cohen & Steers Total Return Realty Fund, Inc. was formed on September 4, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Cohen & Steers Total Return Realty Fund has a trailing twelve months EPS of $1.33.
PE Ratio
Cohen & Steers Total Return Realty Fund has a trailing twelve months price to earnings ratio of 9.29. Meaning, the purchaser of the share is investing $9.29 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 11.31%.
Yearly Top and Bottom Value
Cohen & Steers Total Return Realty Fund’s stock is valued at $12.35 at 02:23 EST, below its 52-week high of $12.65 and way above its 52-week low of $9.62.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9%, now sitting on 11.84M for the twelve trailing months.
Moving Average
Cohen & Steers Total Return Realty Fund’s worth is higher than its 50-day moving average of $11.73 and higher than its 200-day moving average of $11.53.
3. Value Line (VALU)
56.44% Payout Ratio
Value Line, Inc., together with its subsidiaries, produces and sells investment periodicals and related publications primarily in the United States. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company offers research services, such as The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus, which provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks. It also provides niche newsletters comprising Value Line Select, Value Line Select: Dividend Income & Growth, Value Line Select: ETFs, and The Value Line Special Situations Service that offer information on a less comprehensive basis for securities that are of particular interest to subscribers; digital versions of its products through its Website, www.valueline.com, as well as The Value Line Research Center online platform; and investment analysis software, such as The Value Line Investment Analyzer, which includes data sorting and filtering tools. In addition, the company offers current and historical financial databases comprising DataFile, estimates and projections, and mutual funds through the Internet; investment analysis software; and copyright products, which include unit investment trusts, variable annuities, managed accounts, and EFTs. Further, it places advertising on behalf of the company's publications; and provides subscription fulfillment and subscriber relation services. The company serves individual and professional investors, as well as institutions, including municipal and university libraries, and investment firms. Value Line, Inc. was founded in 1931 and is headquartered in New York, New York. Value Line, Inc. is a subsidiary of Arnold Bernhard & Co, Inc.
Earnings Per Share
As for profitability, Value Line has a trailing twelve months EPS of $2.02.
PE Ratio
Value Line has a trailing twelve months price to earnings ratio of 20.79. Meaning, the purchaser of the share is investing $20.79 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 21.8%.
Moving Average
Value Line’s value is under its 50-day moving average of $43.30 and under its 200-day moving average of $42.42.
Volume
Today’s last reported volume for Value Line is 6875 which is 8.68% below its average volume of 7529.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 29, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 2.91%.
4. The First Bancshares (FBMS)
40.59% Payout Ratio
The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts. The company also provides commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, as well as secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans. In addition, it originates loans to purchase existing residential homes or construct new homes, and to refinance existing mortgages; and provides financial and wealth management services. Further, the company offers internet banking services, automated teller machines, voice response telephone inquiry services, commercial sweep accounts, cash management services, safe deposit boxes, merchant, mobile deposit, direct deposit of payroll and social security checks, automatic drafts for various accounts, and credit card services. It primarily serves small to medium-sized businesses, professional concerns, individuals, associations, organizations, and governmental authorities. As of December 31, 2021, the company operated 90 locations in Mississippi, Alabama, Florida, Georgia, and Louisiana. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.
Earnings Per Share
As for profitability, The First Bancshares has a trailing twelve months EPS of $2.39.
PE Ratio
The First Bancshares has a trailing twelve months price to earnings ratio of 13.05. Meaning, the purchaser of the share is investing $13.05 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 8.09%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10%, now sitting on 277.27M for the twelve trailing months.
Yearly Top and Bottom Value
The First Bancshares’s stock is valued at $31.20 at 02:23 EST, under its 52-week high of $34.40 and way above its 52-week low of $22.96.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 8, 2024, the estimated forward annual dividend rate is 0.99 and the estimated forward annual dividend yield is 3.18%.
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).
