(VIANEWS) – Highway Holdings Limited (HIHO), MFS Investment Grade Municipal Trust (CXH), HireQuest (HQI) are the highest payout ratio stocks on this list.
We have collected information concerning 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. Highway Holdings Limited (HIHO)
227.27% Payout Ratio
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.
Earnings Per Share
As for profitability, Highway Holdings Limited has a trailing twelve months EPS of $-0.12.
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 -7.76%.
2. MFS Investment Grade Municipal Trust (CXH)
107.69% Payout Ratio
MFS Investment Grade Municipal is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Investment Grade Municipal Trust was founded in May 16, 1989 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS Investment Grade Municipal Trust has a trailing twelve months EPS of $0.26.
PE Ratio
MFS Investment Grade Municipal Trust has a trailing twelve months price to earnings ratio of 31.12. Meaning, the purchaser of the share is investing $31.12 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 2.16%.
Moving Average
MFS Investment Grade Municipal Trust’s value is above its 50-day moving average of $7.83 and higher than its 200-day moving average of $7.49.
3. HireQuest (HQI)
57.14% Payout Ratio
HireQuest, Inc. provides on-demand and temporary staffing solutions in the United States. The company provides temporary staffing services, including skilled and semi-skilled labor and industrial personnel, clerical and administrative personnel, and construction personnel. As of March 25, 2021, the company had a network of approximately 139 franchisee-owned offices in 35 states and the District of Columbia. It serves customers primarily in the construction, industrial/manufacturing, warehousing, hospitality, recycling/waste management, disaster recovery, logistics, auctioneering, landscaping, and retail industries. The company was formerly known as Command Center, Inc. and changed its name to HireQuest, Inc. in September 2019. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.
Earnings Per Share
As for profitability, HireQuest has a trailing twelve months EPS of $0.42.
PE Ratio
HireQuest has a trailing twelve months price to earnings ratio of 28.79. Meaning, the purchaser of the share is investing $28.79 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 9.35%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 20% and positive 15.4% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 1.82%.
4. LMP Capital and Income Fund (SCD)
40.54% Payout Ratio
LMP Capital and Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in stocks of large-cap companies, intermediate period corporate bonds and notes rated at least A-, energy and non-energy master limited partnerships, and real estate investment trusts. It focuses on such factors as economic, market, or political conditions, fiscal and monetary policy, and security valuation to create its portfolio. The fund benchmarks the performance of its portfolio against the U.S. Aggregate Index and S&P 500 Index. It was formerly known as Salomon Brothers Capital and Income Fund Inc. LMP Capital and Income Fund Inc. was formed on November 12, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, LMP Capital and Income Fund has a trailing twelve months EPS of $3.71.
PE Ratio
LMP Capital and Income Fund has a trailing twelve months price to earnings ratio of 4.18. Meaning, the purchaser of the share is investing $4.18 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 24.31%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 89.7%, now sitting on 9.92M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 23, 2024, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 8.74%.
Volume
Today’s last reported volume for LMP Capital and Income Fund is 33312 which is 10.91% below its average volume of 37395.
Yearly Top and Bottom Value
LMP Capital and Income Fund’s stock is valued at $15.52 at 02:23 EST, under its 52-week high of $15.90 and way above its 52-week low of $11.33.
5. Mid-Southern Bancorp (MSVB)
36.67% Payout Ratio
Mid-Southern Bancorp, Inc. operates as the holding company for Mid-Southern Savings Bank, FSB that provides various banking products and services to individuals and business customers. It accepts various deposit products, including checking, savings, money market, and demand accounts, as well as certificates of deposit and term deposits. The company also offers loans secured by first mortgages on one- to four-family residences, including home equity loans and lines of credit; commercial and multifamily real estate loans; construction loans secured by single-family residences; commercial and multifamily real estate loans; land and lot loans; commercial business loans; consumer loans, including new and used manufactured homes, automobiles and truck, boats, and motorcycles and recreational vehicle loans; loans secured by savings deposits and other personal loans; and unsecured consumer loans. In addition, it holds and manages an investment securities portfolio. The company provides its products and services through its main office in Salem; and through its branch offices located in Mitchell and Orleans, Indiana, as well as through loan production offices located in New Albany, Indiana and Louisville, Kentucky. The company was founded in 1886 and is headquartered in Salem, Indiana.
Earnings Per Share
As for profitability, Mid-Southern Bancorp has a trailing twelve months EPS of $0.6.
PE Ratio
Mid-Southern Bancorp has a trailing twelve months price to earnings ratio of 24.02. Meaning, the purchaser of the share is investing $24.02 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 4.76%.
Volume
Today’s last reported volume for Mid-Southern Bancorp is 2 which is 99.84% below its average volume of 1285.
Yearly Top and Bottom Value
Mid-Southern Bancorp’s stock is valued at $14.41 at 02:23 EST, under its 52-week high of $14.49 and way higher than its 52-week low of $9.33.
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%.
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).
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA 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).
