(VIANEWS) – MFS High Income Municipal Trust (CXE), Royce Micro (RMT), Vaalco Energy (EGY) 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 investigating 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. MFS High Income Municipal Trust (CXE)
222.86% Payout Ratio
MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS High Income Municipal Trust has a trailing twelve months EPS of $0.07.
PE Ratio
MFS High Income Municipal Trust has a trailing twelve months price to earnings ratio of 53. Meaning, the purchaser of the share is investing $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 1.92%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 4.39%.
2. Royce Micro (RMT)
49.66% Payout Ratio
Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million. The fund benchmarks the performance of its portfolios against Russell 2000 Index. Royce Micro-Cap Trust, Inc was formed on December 14, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Royce Micro has a trailing twelve months EPS of $1.49.
PE Ratio
Royce Micro has a trailing twelve months price to earnings ratio of 6.19. Meaning, the purchaser of the share is investing $6.19 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 14.78%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 13, 2024, the estimated forward annual dividend rate is 0.74 and the estimated forward annual dividend yield is 8.07%.
3. Vaalco Energy (EGY)
41.67% Payout Ratio
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.6.
PE Ratio
Vaalco Energy has a trailing twelve months price to earnings ratio of 10.17. Meaning, the purchaser of the share is investing $10.17 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 13.92%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 4.1%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.6%, now sitting on 474.82M for the twelve trailing months.
Yearly Top and Bottom Value
Vaalco Energy’s stock is valued at $6.10 at 20:23 EST, way below its 52-week high of $7.51 and way higher than its 52-week low of $3.55.
Moving Average
Vaalco Energy’s worth is below its 50-day moving average of $6.40 and way above its 200-day moving average of $5.04.
4. First Bancorp (FBNC)
31.77% Payout Ratio
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, the company provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, it offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.
Earnings Per Share
As for profitability, First Bancorp has a trailing twelve months EPS of $2.53.
PE Ratio
First Bancorp has a trailing twelve months price to earnings ratio of 12.65. Meaning, the purchaser of the share is investing $12.65 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 8.54%.
Volume
Today’s last reported volume for First Bancorp is 170844 which is 25.11% above its average volume of 136555.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.7%, now sitting on 383.78M for the twelve trailing months.
Yearly Top and Bottom Value
First Bancorp’s stock is valued at $32.00 at 20:23 EST, way below its 52-week high of $38.51 and way above its 52-week low of $26.00.
Moving Average
First Bancorp’s worth is above its 50-day moving average of $31.42 and under its 200-day moving average of $32.35.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
