(VIANEWS) – MFS Intermediate Income Trust (MIN), First Financial Bankshares (FFIN), U.S. Global Investors (GROW) 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. MFS Intermediate Income Trust (MIN)
654.53% Payout Ratio
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S. Government/Credit and MFS Intermediate Income Trust Blended Index. MFS Intermediate Income Trust was formed on March 17, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, MFS Intermediate Income Trust has a trailing twelve months EPS of $0.04.
PE Ratio
MFS Intermediate Income Trust has a trailing twelve months price to earnings ratio of 66.75. Meaning, the purchaser of the share is investing $66.75 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 0.82%.
Moving Average
MFS Intermediate Income Trust’s worth is below its 50-day moving average of $2.73 and under its 200-day moving average of $2.78.
Volume
Today’s last reported volume for MFS Intermediate Income Trust is 162600 which is 30.2% below its average volume of 232962.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.2%, now sitting on 11.11M for the twelve trailing months.
Yearly Top and Bottom Value
MFS Intermediate Income Trust’s stock is valued at $2.67 at 20:23 EST, way below its 52-week high of $2.97 and higher than its 52-week low of $2.64.
2. First Financial Bankshares (FFIN)
44.81% Payout Ratio
First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, and time deposits; commercial and industrial, municipal, agricultural, construction and development, farm, non-owner occupied and owner-occupied commercial real estate, residential, and consumer auto and non-auto loans to businesses, professional individuals, and farm and ranch operations. It also provides drive-in and night deposit, remote deposit capture, internet and mobile banking, payroll cards, transmitting funds, and other customary commercial banking services, as well as automated teller machines and safe deposit facilities. In addition, the company offers personal trust services, including wealth management, administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts; and securities brokerage services, as well as administer retirements and employee benefits accounts, such as 401(k) profit-sharing plans and IRAs. Further, the company provides asset management and technology services. As of December 31, 2021, it had 78 financial centers across Texas. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.
Earnings Per Share
As for profitability, First Financial Bankshares has a trailing twelve months EPS of $1.54.
PE Ratio
First Financial Bankshares has a trailing twelve months price to earnings ratio of 15.56. Meaning, the purchaser of the share is investing $15.56 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 16.43%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 12, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 2.91%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 12.2% and a negative 12.2%, respectively.
Sales Growth
First Financial Bankshares’s sales growth is negative 6.6% for the ongoing quarter and negative 3.5% for the next.
Moving Average
First Financial Bankshares’s value is way under its 50-day moving average of $29.21 and way below its 200-day moving average of $31.04.
3. U.S. Global Investors (GROW)
42.86% Payout Ratio
U.S. Global Investors, Inc. is a publicly owned investment manager. The firm primarily provides its services to investment companies. It also provides its services to pooled investment vehicles. The firm manages equity and fixed income mutual funds for its clients. It also manages hedge funds. The firm also manages exchange traded funds. It invests in the public equity and fixed income markets across the globe. It invests in G.A.R.P. and value stocks to make its equity investments. The firm employs a fundamental and quantitative analysis with top-down and bottom-up stock picking approach to make its investments. U.S. Global Investors, Inc. was founded in 1968 and is based in San Antonio, Texas.
Earnings Per Share
As for profitability, U.S. Global Investors has a trailing twelve months EPS of $0.21.
PE Ratio
U.S. Global Investors has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing $14.05 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 5.41%.
Yearly Top and Bottom Value
U.S. Global Investors’s stock is valued at $2.95 at 20:23 EST, way under its 52-week high of $3.30 and way above its 52-week low of $2.41.
Volume
Today’s last reported volume for U.S. Global Investors is 2195 which is 91.01% below its average volume of 24420.
Earnings Before Interest, Taxes, Depreciation, and Amortization
U.S. Global Investors’s EBITDA is 4.72.
4. PNC Financial Services Group (PNC)
41.15% Payout Ratio
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company’s Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; securities underwriting, loan syndications, customer-related trading, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company’s Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, PNC Financial Services Group has a trailing twelve months EPS of $14.58.
PE Ratio
PNC Financial Services Group has a trailing twelve months price to earnings ratio of 8.45. Meaning, the purchaser of the share is investing $8.45 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 13.15%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 17.2% and a negative 19.9%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 13, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 5.08%.
Moving Average
PNC Financial Services Group’s worth is under its 50-day moving average of $127.71 and way below its 200-day moving average of $138.96.
Yearly Top and Bottom Value
PNC Financial Services Group’s stock is valued at $123.22 at 20:23 EST, way below its 52-week high of $170.28 and way above its 52-week low of $110.31.
