(VIANEWS) – Macquarie/First Trust Global (MFD), Enterprise Products (EPD), 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 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. 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 51.57. Meaning, the purchaser of the share is investing $51.57 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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 22, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 10.81%.
Yearly Top and Bottom Value
Macquarie/First Trust Global’s stock is valued at $7.22 at 08:23 EST, way below its 52-week high of $8.18 and higher than its 52-week low of $6.63.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.3%, now sitting on 7.14M for the twelve trailing months.
Moving Average
Macquarie/First Trust Global’s value is under its 50-day moving average of $7.47 and below its 200-day moving average of $7.44.
2. Enterprise Products (EPD)
78.63% Payout Ratio
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. It operates in four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates natural gas processing facilities located in Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming; NGL pipelines; NGL fractionation facilities; NGL and related product storage facilities; and NGL marine terminals. The Crude Oil Pipelines & Services segment operates crude oil pipelines; and crude oil storage and marine terminals, which include a fleet of approximately 250 tractor-trailer tank trucks that are used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates natural gas pipeline systems to gather, treat, and transport natural gas. It leases underground salt dome natural gas storage facilities in Napoleonville, Louisiana; owns an underground salt dome storage cavern in Wharton County, Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation facilities, including propylene fractionation units and propane dehydrogenation facilities, and related marketing activities; butane isomerization complex and related deisobutanizer operations; and octane enhancement, isobutane dehydrogenation, and high purity isobutylene production facilities. It also operates refined products pipelines and terminals; and ethylene export terminals; and provides refined products marketing and marine transportation services. Enterprise Products Partners L.P. was founded in 1968 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Enterprise Products has a trailing twelve months EPS of $2.52.
PE Ratio
Enterprise Products has a trailing twelve months price to earnings ratio of 11.53. Meaning, the purchaser of the share is investing $11.53 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 20.26%.
Previous days news about Enterprise Products (EPD)
- According to Zacks on Friday, 14 June, "To make life simpler for investors, we have identified three energy companies, SM Energy (SM Quick QuoteSM – Free Report) ), Subsea 7 S.A. (SUBCY Quick QuoteSUBCY – Free Report) ) and Enterprise Products Partners L.P.(EPD Quick QuoteEPD – Free Report) from the upstream, oil service and the midstream space, respectively, with a good value score to put your money on."
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 6.39. Meaning, the purchaser of the share is investing $6.39 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%.
Moving Average
Apollo Senior Floating Rate Fund’s value is higher than its 50-day moving average of $14.54 and higher than its 200-day moving average of $13.78.
Yearly Top and Bottom Value
Apollo Senior Floating Rate Fund’s stock is valued at $14.75 at 08:23 EST, under its 52-week high of $15.14 and way higher than its 52-week low of $12.54.
Volume
Today’s last reported volume for Apollo Senior Floating Rate Fund is 71396 which is 24.52% below its average volume of 94595.
4. Reynolds Consumer Products (REYN)
58.6% Payout Ratio
Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and E-Z Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including blue and clear recycling bags, compostable bags, bags made from recycled materials, and the Hefty EnergyBag Program. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. Reynolds Consumer Products Inc. offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.
Earnings Per Share
As for profitability, Reynolds Consumer Products has a trailing twelve months EPS of $1.57.
PE Ratio
Reynolds Consumer Products has a trailing twelve months price to earnings ratio of 18.11. Meaning, the purchaser of the share is investing $18.11 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 17.31%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.7%, now sitting on 3.72B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 37.5% and 8.1%, respectively.
5. Synovus Financial Corp. (SNV)
52.05% Payout Ratio
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and consumer banking products and services. It operates through four segments: Community Banking, Wholesale Banking, Consumer Banking, and Financial Management Services. The company's commercial banking services include treasury and asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate lending services. Its consumer banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; internet-based banking services; and bank credit and debit card services, including Visa and MasterCard services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, trust management, and financial planning services, as well as provides individual investment advice on equity and other securities. The company was founded in 1888 and is headquartered in Columbus, Georgia.
Earnings Per Share
As for profitability, Synovus Financial Corp. has a trailing twelve months EPS of $2.92.
PE Ratio
Synovus Financial Corp. has a trailing twelve months price to earnings ratio of 13.36. Meaning, the purchaser of the share is investing $13.36 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 9.46%.
Volume
Today’s last reported volume for Synovus Financial Corp. is 842533 which is 38.05% below its average volume of 1360200.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 20, 2024, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 3.9%.
6. Mesabi Trust (MSB)
49.76% Payout Ratio
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.
Earnings Per Share
As for profitability, Mesabi Trust has a trailing twelve months EPS of $1.45.
PE Ratio
Mesabi Trust has a trailing twelve months price to earnings ratio of 11.7. Meaning, the purchaser of the share is investing $11.7 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 117.13%.
Moving Average
Mesabi Trust’s worth is under its 50-day moving average of $17.47 and way under its 200-day moving average of $18.97.
Yearly Top and Bottom Value
Mesabi Trust’s stock is valued at $16.96 at 08:23 EST, way under its 52-week high of $22.39 and higher than its 52-week low of $16.08.
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%.
