(VIANEWS) – Eaton Vance Tax (EXG), Industrial Logistics Properties Trust (ILPT), ConAgra Foods (CAG) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 distribute 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. Eaton Vance Tax (EXG)
163.42% Payout Ratio
Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies. The fund also invests through derivatives. It also writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Managed Global Diversified Equity Income Fund was formed on February 27, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.46.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 16.04. Meaning, the purchaser of the share is investing $16.04 for every dollar of annual earnings.
Moving Average
Eaton Vance Tax’s value is above its 50-day moving average of $7.34 and below its 200-day moving average of $7.69.
Volume
Today’s last reported volume for Eaton Vance Tax is 510878 which is 15.48% below its average volume of 604496.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 9.13%.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $7.38 at 04:23 EST, under its 52-week high of $8.15 and above its 52-week low of $6.78.
2. Industrial Logistics Properties Trust (ILPT)
92.31% Payout Ratio
ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
Earnings Per Share
As for profitability, Industrial Logistics Properties Trust has a trailing twelve months EPS of $-1.64.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -11.64%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 434.78M for the twelve trailing months.
Volume
Today’s last reported volume for Industrial Logistics Properties Trust is 235079 which is 57.95% below its average volume of 559100.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 0.04 and the estimated forward annual dividend yield is 1.32%.
Sales Growth
Industrial Logistics Properties Trust’s sales growth is 2.7% for the current quarter and 4% for the next.
3. ConAgra Foods (CAG)
59.56% Payout Ratio
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, ConAgra Foods has a trailing twelve months EPS of $2.25.
PE Ratio
ConAgra Foods has a trailing twelve months price to earnings ratio of 12.57. Meaning, the purchaser of the share is investing $12.57 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 12.33%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 16% and a negative 7.9%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ConAgra Foods’s EBITDA is 1.86.
4. McDonald’s Corporation (MCD)
54.75% Payout Ratio
McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. The company's restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, fries, salads, shakes, frozen desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including muffins, Sausages, biscuit and bagel sandwiches, oatmeal, hash browns, breakfast burritos and hotcakes. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, McDonald’s Corporation has a trailing twelve months EPS of $11.33.
PE Ratio
McDonald’s Corporation has a trailing twelve months price to earnings ratio of 25.15. Meaning, the purchaser of the share is investing $25.15 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.6%, now sitting on 24.19B for the twelve trailing months.
Yearly Top and Bottom Value
McDonald’s Corporation’s stock is valued at $284.90 at 04:23 EST, under its 52-week high of $299.35 and way higher than its 52-week low of $245.73.
Moving Average
McDonald’s Corporation’s value is above its 50-day moving average of $267.98 and above its 200-day moving average of $278.98.
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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
