(VIANEWS) – Macquarie/First Trust Global (MFD), Cracker Barrel Old Country Store (CBRL), BlackRock New York Municipal Income Trust (BNY) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio so far. 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. Macquarie/First Trust Global (MFD)
571.43% Payout Ratio
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure and utilities sectors. The fund primarily invests in dividend-paying stocks of companies. It benchmarks the performance of its portfolio against the S&P 500 Utilities Total Return Index. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund was formed on March 25, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Macquarie/First Trust Global has a trailing twelve months EPS of $0.14.
PE Ratio
Macquarie/First Trust Global has a trailing twelve months price to earnings ratio of 55.64. Meaning, the purchaser of the share is investing $55.64 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 1.6%.
2. Cracker Barrel Old Country Store (CBRL)
192.59% Payout Ratio
Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company's Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. The company's gift shops comprise various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, cookware, and various other gift items, as well as various candies, preserves, and other food items. As of September 14, 2022, it operated 664 Cracker Barrel stores in 45 states. The company was incorporated in 1969 and is headquartered in Lebanon, Tennessee.
Earnings Per Share
As for profitability, Cracker Barrel Old Country Store has a trailing twelve months EPS of $2.7.
PE Ratio
Cracker Barrel Old Country Store has a trailing twelve months price to earnings ratio of 14.33. Meaning, the purchaser of the share is investing $14.33 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 13.38%.
Yearly Top and Bottom Value
Cracker Barrel Old Country Store’s stock is valued at $38.70 at 20:23 EST, way below its 52-week high of $87.17 and higher than its 52-week low of $37.88.
Volume
Today’s last reported volume for Cracker Barrel Old Country Store is 156129 which is 82.61% below its average volume of 898145.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.9%, now sitting on 3.41B for the twelve trailing months.
3. BlackRock New York Municipal Income Trust (BNY)
122.27% Payout Ratio
BlackRock New York 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 the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock New York Municipal Income Trust has a trailing twelve months EPS of $0.33.
PE Ratio
BlackRock New York Municipal Income Trust has a trailing twelve months price to earnings ratio of 32.97. Meaning, the purchaser of the share is investing $32.97 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 2.35%.
Volume
Today’s last reported volume for BlackRock New York Municipal Income Trust is 80155 which is 95.51% above its average volume of 40996.
4. Douglas Dynamics (PLOW)
99.16% Payout Ratio
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the BLIZZARD, FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Douglas Dynamics has a trailing twelve months EPS of $1.19.
PE Ratio
Douglas Dynamics has a trailing twelve months price to earnings ratio of 22.85. Meaning, the purchaser of the share is investing $22.85 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 12.15%.
Sales Growth
Douglas Dynamics’s sales growth for the next quarter is 25.9%.
5. ITT Educational Services (ESI)
40% Payout Ratio
Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products. This segment also supplies solder technologies, fluxes, cleaners, and other attachment materials for the electronics assembly industry; proprietary liquid chemical processes to manufacture printed circuit boards; and advanced copper interconnects, die attachment, wafer bump processes, and photomask technologies for integrated circuit fabrication and semiconductor packaging. It primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment provides industrial solutions, which include chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids for offshore energy production applications. It serves aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1785 and is headquartered in Fort Lauderdale, Florida.
Earnings Per Share
As for profitability, ITT Educational Services has a trailing twelve months EPS of $0.8.
PE Ratio
ITT Educational Services has a trailing twelve months price to earnings ratio of 30.3. Meaning, the purchaser of the share is investing $30.3 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 8.24%.
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%.
