Johnson Outdoors And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest (PHD), Johnson Outdoors (JOUT), Hope Bancorp (HOPE) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio up until now. 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 issue 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. Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest (PHD)

84.45% Payout Ratio

Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S. High Yield Loans Index. Pioneer Floating Rate Fund, Inc. was formed on October 6, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest has a trailing twelve months EPS of $1.27.

PE Ratio

Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest has a trailing twelve months price to earnings ratio of 7.65. Meaning, the purchaser of the share is investing $7.65 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 12.75%.

Volume

Today’s last reported volume for Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest is 112881 which is 64.91% above its average volume of 68448.

Yearly Top and Bottom Value

Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest’s stock is valued at $9.72 at 01:23 EST, under its 52-week high of $9.80 and way higher than its 52-week low of $8.30.

Revenue Growth

Year-on-year quarterly revenue growth grew by 37.6%, now sitting on 19.29M for the twelve trailing months.

2. Johnson Outdoors (JOUT)

73.68% Payout Ratio

Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing. This segment sells its products under the Minn Kota, Humminbird, and Cannon brands through outdoor specialty and Internet retailers, retail store chains, original equipment manufacturers, and distributors. The Camping segment provides consumer, commercial, and military tents and accessories; camping stoves; other recreational camping products; and portable outdoor cooking systems. This segment sells its products under the Eureka! and Jetboil brands through specialty stores, sporting goods stores, internet retailers, and direct to consumers. The Watercraft Recreation segment offers kayaks, canoes, and paddles for family recreation, touring, angling, and tripping through independent specialty and outdoor retailers under Old Town and Carlisle brands. The Diving segment manufactures and markets underwater diving and snorkeling equipment, such as regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels, and accessories through independent specialty dive stores and diving magazines under the SCUBAPRO brand name. This segment also provides regular maintenance, product repair, diving education, and travel program services; and sells diving gear to dive training centers, resorts, and public safety units. It sells its products through websites. The company was founded in 1970 and is headquartered in Racine, Wisconsin.

Earnings Per Share

As for profitability, Johnson Outdoors has a trailing twelve months EPS of $1.71.

PE Ratio

Johnson Outdoors has a trailing twelve months price to earnings ratio of 26.65. Meaning, the purchaser of the share is investing $26.65 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 3.53%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 22.8% and a negative 14.6%, respectively.

Volume

Today’s last reported volume for Johnson Outdoors is 45199 which is 2.67% below its average volume of 46442.

Moving Average

Johnson Outdoors’s value is under its 50-day moving average of $48.26 and way under its 200-day moving average of $54.06.

3. Hope Bancorp (HOPE)

50.45% Payout Ratio

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Hope Bancorp has a trailing twelve months EPS of $1.11.

PE Ratio

Hope Bancorp has a trailing twelve months price to earnings ratio of 9.82. Meaning, the purchaser of the share is investing $9.82 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 6.46%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 8, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 5.1%.

Moving Average

Hope Bancorp’s value is below its 50-day moving average of $11.53 and way above its 200-day moving average of $9.78.

Yearly Top and Bottom Value

Hope Bancorp’s stock is valued at $10.90 at 01:23 EST, way under its 52-week high of $13.12 and way above its 52-week low of $7.42.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 21.2% and a negative 21.9%, respectively.

4. ConocoPhillips (COP)

43.16% Payout Ratio

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, ConocoPhillips has a trailing twelve months EPS of $8.85.

PE Ratio

ConocoPhillips has a trailing twelve months price to earnings ratio of 12.55. Meaning, the purchaser of the share is investing $12.55 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 22.53%.

Yearly Top and Bottom Value

ConocoPhillips’s stock is valued at $111.09 at 01:23 EST, way below its 52-week high of $127.35 and way higher than its 52-week low of $91.53.

5. United Bancorp (UBCP)

42.26% Payout Ratio

United Bancorp, Inc. operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, commercial and residential real estate, and consumer loans. As of December 31, 2020, the company operated through a network of nineteen banking offices in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties in Ohio, as well as Marshall and Ohio Counties in West Virginia and the surrounding localities; and a loan production office in Wheeling, West Virginia. United Bancorp, Inc. was founded in 1902 and is headquartered in Martins Ferry, Ohio.

Earnings Per Share

As for profitability, United Bancorp has a trailing twelve months EPS of $1.55.

PE Ratio

United Bancorp has a trailing twelve months price to earnings ratio of 7.58. Meaning, the purchaser of the share is investing $7.58 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 14.51%.

Yearly Top and Bottom Value

United Bancorp’s stock is valued at $11.75 at 01:23 EST, way under its 52-week high of $16.00 and way higher than its 52-week low of $9.70.

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%.

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