(VIANEWS) – GDL Fund, The (GDL), Matthews International Corporation (MATW), Taitron Components Incorporated (TAIT) are the highest payout ratio stocks on this list.
We have gathered information regarding 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 distribute 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. GDL Fund, The (GDL)
106.67% Payout Ratio
The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund benchmarks the performance of its portfolio against Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. It was formerly known as Gabelli Global Deal Fund. The GDL Fund was formed on October 17, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, GDL Fund, The has a trailing twelve months EPS of $0.54.
PE Ratio
GDL Fund, The has a trailing twelve months price to earnings ratio of 14.76. Meaning, the purchaser of the share is investing $14.76 for every dollar of annual earnings.
Moving Average
GDL Fund, The’s worth is above its 50-day moving average of $7.89 and higher than its 200-day moving average of $7.87.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 14, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 6.2%.
Yearly Top and Bottom Value
GDL Fund, The’s stock is valued at $7.97 at 08:23 EST, below its 52-week high of $8.13 and higher than its 52-week low of $7.65.
Volume
Today’s last reported volume for GDL Fund, The is 751 which is 93.23% below its average volume of 11101.
2. Matthews International Corporation (MATW)
87.85% Payout Ratio
Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials. The Industrial Technologies segment designs, manufactures, services, and distributes high-tech custom energy storage solutions, and product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products. This segment also provides engineered calendaring, laminating, and coating equipment; stand-alone marking products; laser and ink-jet printing systems; and spare parts, calendar, and coating-roller refurbishing and retrofits. The SGK Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, Matthews International Corporation has a trailing twelve months EPS of $1.07.
PE Ratio
Matthews International Corporation has a trailing twelve months price to earnings ratio of 21.96. Meaning, the purchaser of the share is investing $21.96 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 6.48%.
Sales Growth
Matthews International Corporation’s sales growth for the next quarter is negative 1%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 25.7% and a negative 10.4%, respectively.
Yearly Top and Bottom Value
Matthews International Corporation’s stock is valued at $23.50 at 08:23 EST, way below its 52-week high of $48.86 and above its 52-week low of $23.30.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 3, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 4.08%.
3. Taitron Components Incorporated (TAIT)
74.07% Payout Ratio
Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company also provides value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for their turn-key projects. It serves other electronic distributors, CEMs, and OEMs in the United States, South Korea, China, Taiwan, and internationally. The company has strategic alliances with Teamforce Co. Ltd.; Grand Shine Management Limited; and Zowie Technology Corporation. Taitron Components Incorporated was incorporated in 1989 and is headquartered in Valencia, California.
Earnings Per Share
As for profitability, Taitron Components Incorporated has a trailing twelve months EPS of $0.27.
PE Ratio
Taitron Components Incorporated has a trailing twelve months price to earnings ratio of 10.41. Meaning, the purchaser of the share is investing $10.41 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 9.7%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 53.8%, now sitting on 4.99M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 6.97%.
Moving Average
Taitron Components Incorporated’s value is below its 50-day moving average of $2.88 and way below its 200-day moving average of $3.22.
4. Sierra Bancorp (BSRR)
38.02% Payout Ratio
Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. Its loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. The company also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. As of December 31, 2021, it operated 35 full-service branches, an online branch, a loan production office, an agricultural credit center, and an SBA center. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.
Earnings Per Share
As for profitability, Sierra Bancorp has a trailing twelve months EPS of $2.42.
PE Ratio
Sierra Bancorp has a trailing twelve months price to earnings ratio of 8.86. Meaning, the purchaser of the share is investing $8.86 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 10.86%.
Volume
Today’s last reported volume for Sierra Bancorp is 41586 which is 53.8% above its average volume of 27038.
Previous days news about Sierra Bancorp (BSRR)
- Sierra bancorp (bsrr) surpasses Q2 earnings and revenue estimates. According to Zacks on Monday, 22 July, "While Sierra Bancorp has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
- Sierra bancorp (bsrr) reports Q2 earnings: what key metrics have to say. According to Zacks on Monday, 22 July, "For the quarter ended June 2024, Sierra Bancorp (BSRR Quick QuoteBSRR – Free Report) reported revenue of $37.8 million, up 4.1% over the same period last year. ", "Here is how Sierra Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
