(VIANEWS) – Gladstone Commercial Corporation (GOOD), MFS Intermediate Income Trust (MIN), Oracle (ORCL) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio up until now. 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 issue 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. Gladstone Commercial Corporation (GOOD)
7518.38% Payout Ratio
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.
Earnings Per Share
As for profitability, Gladstone Commercial Corporation has a trailing twelve months EPS of $-0.27.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.49%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 19, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 8.99%.
Yearly Top and Bottom Value
Gladstone Commercial Corporation’s stock is valued at $13.11 at 13:23 EST, way below its 52-week high of $17.24 and way higher than its 52-week low of $10.84.
2. MFS Intermediate Income Trust (MIN)
314.88% 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 $0.08.
PE Ratio
MFS Intermediate Income Trust has a trailing twelve months price to earnings ratio of 34.44. Meaning, the purchaser of the share is investing $34.44 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 2.91%.
3. Oracle (ORCL)
41.99% Payout Ratio
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle application licenses; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database and MySQL Database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, MySQL HeatWave, Internet-of-Things, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware services; and consulting and customer services. The company markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. The company has a collaboration with Amdocs Limited to empower customers on their journey towards cloud and digital adoption. Oracle Corporation was founded in 1977 and is headquartered in Austin, Texas.
Earnings Per Share
As for profitability, Oracle has a trailing twelve months EPS of $3.62.
PE Ratio
Oracle has a trailing twelve months price to earnings ratio of 31.44. Meaning, the purchaser of the share is investing $31.44 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 3367.77%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 9, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 1.46%.
Volume
Today’s last reported volume for Oracle is 2179150 which is 76.46% below its average volume of 9258690.
4. Safe Bulkers (SB)
30.3% Payout Ratio
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Earnings Per Share
As for profitability, Safe Bulkers has a trailing twelve months EPS of $0.66.
PE Ratio
Safe Bulkers has a trailing twelve months price to earnings ratio of 6.44. Meaning, the purchaser of the share is investing $6.44 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 9.89%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 40% and 33.3%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Safe Bulkers’s EBITDA is 34.33.
Previous days news about Safe Bulkers (SB)
- Safe bulkers (sb) Q4 earnings and revenues surpass estimates. According to Zacks on Monday, 12 February, "While Safe Bulkers has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
