(VIANEWS) – MFS Intermediate Income Trust (MIN), Extra Space Storage (EXR), Eaton Vance Tax (ETB) are the highest payout ratio stocks on this list.
We have collected information about 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. 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 67.25. Meaning, the purchaser of the share is investing $67.25 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 value is below its 50-day moving average of $2.71 and under its 200-day moving average of $2.77.
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 $2.69 at 08:23 EST, below its 52-week high of $2.97 and higher than its 52-week low of $2.62.
2. Extra Space Storage (EXR)
118.46% Payout Ratio
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2023, the Company owned and/or operated 2,438 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.7 million units and approximately 184.0 million square feet of rentable space. With the completed Life Storage Merger on July 20, 2023, Extra Space currently has over 3,500 locations under the Extra Space, Life Storage and Storage Express brands, and it is the largest operator of self-storage properties in the United States. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $6.12.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 18.8. Meaning, the purchaser of the share is investing $18.8 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 22.19%.
Sales Growth
Extra Space Storage’s sales growth is 43.3% for the ongoing quarter and 29.6% for the next.
Volume
Today’s last reported volume for Extra Space Storage is 586721 which is 68.28% below its average volume of 1849700.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 2.07B for the twelve trailing months.
3. Eaton Vance Tax (ETB)
65.17% Payout Ratio
Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of large-cap companies. It also writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio. The fund benchmarks the performance of its portfolio against the S&P 500 Index. Eaton Vance Tax-Managed Buy-Write Income Fund was formed on April 29, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $1.81.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 7.01. Meaning, the purchaser of the share is investing $7.01 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 13.06%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.2%, now sitting on 7.32M for the twelve trailing months.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $12.69 at 08:23 EST, way under its 52-week high of $16.03 and above its 52-week low of $12.27.
Volume
Today’s last reported volume for Eaton Vance Tax is 80148 which is 23.03% above its average volume of 65145.
Moving Average
Eaton Vance Tax’s worth is below its 50-day moving average of $13.14 and under its 200-day moving average of $13.24.
4. Pearson, Plc (PSO)
53.52% Payout Ratio
Pearson plc provides educational products and services to governments, educational institutions, corporations, and professional bodies worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services. The company also operates schools, colleges, and universities; and provides online learning services in partnership with universities and other academic institutions. In addition, it delivers and installs off-the-shelf software; and offers services to academic institutions, such as program development, student acquisition, education technology, and student support services, as well as undertakes contracts to process qualifying tests for individual professions and government departments under multi-year contractual arrangements. The company was founded in 1844 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Pearson, Plc has a trailing twelve months EPS of $0.49.
PE Ratio
Pearson, Plc has a trailing twelve months price to earnings ratio of 22.58. Meaning, the purchaser of the share is investing $22.58 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 6.8%.
Volume
Today’s last reported volume for Pearson, Plc is 56656 which is 77.58% below its average volume of 252721.
5. H&R Block (HRB)
32.58% Payout Ratio
H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or its franchisees. It also provides Refund Transfers and H&R Block Emerald Prepaid Mastercard, which enables clients to receive their tax refunds; Peace of Mind extended service plans; H&R Block Emerald Advance lines of credit; Tax Identity Shield that provides clients assistance in helping protect their tax identity and access to services to help restore their tax identity; refund advance loans; H&R Block Instant Refund; and H&R Block Pay With Refund services. In addition, the company offers small business financial solutions through its company-owned or franchise offices, and online. H&R Block, Inc. was founded in 1955 and is headquartered in Kansas City, Missouri.
Earnings Per Share
As for profitability, H&R Block has a trailing twelve months EPS of $3.56.
PE Ratio
H&R Block has a trailing twelve months price to earnings ratio of 11.97. Meaning, the purchaser of the share is investing $11.97 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 461.07%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 13.1% and a negative 10.9%, respectively.
6. Citigroup (C)
32.33% Payout Ratio
Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. It operates through three segments: Institutional Clients Group (ICG), Personal Banking and Wealth Management (PBWM), and Legacy Franchises. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, investment banking and advisory, private banking, cash management, trade finance, and securities services to corporate, institutional, and public sector clients. The PBWM segment offers traditional banking services to retail and small business customers through retail banking, cash, rewards, value portfolios, and co-branded cards. It also provides various banking, credit cards, custody, trust, mortgages, home equity, small business, and personal consumer loans. The Legacy Franchises segment provides traditional retail banking and branded card products to retail and small business customers. The company was founded in 1812 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Citigroup has a trailing twelve months EPS of $6.31.
PE Ratio
Citigroup has a trailing twelve months price to earnings ratio of 6.42. Meaning, the purchaser of the share is investing $6.42 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 6.71%.
Volume
Today’s last reported volume for Citigroup is 9286340 which is 44.75% below its average volume of 16808000.
Yearly Top and Bottom Value
Citigroup’s stock is valued at $40.53 at 08:23 EST, way under its 52-week high of $53.23 and above its 52-week low of $39.14.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.9%, now sitting on 71.96B for the twelve trailing months.
Moving Average
Citigroup’s value is under its 50-day moving average of $41.89 and way under its 200-day moving average of $46.27.
Previous days news about Citigroup (C)
- According to Zacks on Tuesday, 17 October, "In the third quarter, Citigroup witnessed a rise in revenues due to higher revenues in the Institutional Clients Group, as well as the Personal Banking and Wealth Management segments. "
- According to Zacks on Tuesday, 17 October, "In the quarter, Citigroup witnessed a rise in revenues, driven by higher revenues in the Institutional Clients Group, as well as the Personal Banking and Wealth Management segments. "
- According to CNBC on Tuesday, 17 October, "Last week, JPMorgan, Wells Fargo and Citigroup each topped expectations for third-quarter profit, helped by better-than-expected credit costs. "
- According to Zacks on Tuesday, 17 October, "Like the second quarter of 2023, BofA bucked the trend plaguing other Wall Street biggies like JPMorgan (JPM Quick QuoteJPM – Free Report) and Citigroup (C Quick QuoteC – Free Report) and came out with impressive investment banking (IB) and trading numbers this time too.", "In the third quarter, Citigroup witnessed a rise in revenues due to higher revenues in the Institutional Clients Group, as well as the Personal Banking and Wealth Management segments. "
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).
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
