(VIANEWS) – TTEC Holdings (TTEC), Saratoga Investment Corp New (SAR), MFS Municipal Income Trust (CMU) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When researching 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. TTEC Holdings (TTEC)
577.78% Payout Ratio
TTEC Holdings, Inc., a customer experience technology and services company, focuses on the design, implementation, and delivery of transformative customer experience for various brands. It operates through TTEC Digital and TTEC Engage segments. The TTEC Digital segments designs, builds, and delivers tech-enabled customer experience solutions through its professional services and suite of technology offerings to enabling and accelerating digital transformation for clients. The TTEC Engage segment provides essential technologies, human resources, infrastructure, and processes to operate customer care, acquisition, and fraud detection and prevention services. TTEC Holdings, Inc. serves clients in the automotive, communication, financial services, government, healthcare, logistics, media and entertainment, retail, technology, transportation, and travel industries with operations in the United States, Australia, Belgium, Brazil, Bulgaria, Canada, Costa Rica, Germany, Greece, Hong Kong, India, Ireland, Mexico, the Netherlands, New Zealand, the Philippines, Poland, Singapore, South Africa, Thailand, the United Arab Emirates, and the United Kingdom. The company was formerly known as TeleTech Holdings, Inc. and changed its name to TTEC Holdings, Inc. in January 2018. TTEC Holdings, Inc. was founded in 1982 and is headquartered in Englewood, Colorado.
Earnings Per Share
As for profitability, TTEC Holdings has a trailing twelve months EPS of $-0.26.
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 -0.35%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.9%, now sitting on 2.41B for the twelve trailing months.
Volume
Today’s last reported volume for TTEC Holdings is 75248 which is 86.55% below its average volume of 559700.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 2, 2024, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 1.52%.
Moving Average
TTEC Holdings’s value is way higher than its 50-day moving average of $6.61 and way below its 200-day moving average of $13.83.
2. Saratoga Investment Corp New (SAR)
236.36% Payout Ratio
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The firm prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. It seeks to invest in the United States. The firm primarily invests $5 million to $50 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $250 million. The firm prefer to take a majority stake. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. was formed on 2007 and is based in New York, New York with an additional office in Florham Park, New Jersey.
Earnings Per Share
As for profitability, Saratoga Investment Corp New has a trailing twelve months EPS of $1.21.
PE Ratio
Saratoga Investment Corp New has a trailing twelve months price to earnings ratio of 19.15. Meaning, the purchaser of the share is investing $19.15 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 4.47%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 147.77M for the twelve trailing months.
3. MFS Municipal Income Trust (CMU)
191.71% Payout Ratio
MFS High Yield Municipal Trust 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. It was formerly known as Colonial Municipal Income Trust. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, MFS Municipal Income Trust has a trailing twelve months EPS of $0.07.
PE Ratio
MFS Municipal Income Trust has a trailing twelve months price to earnings ratio of 49.57. Meaning, the purchaser of the share is investing $49.57 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 1.28%.
Moving Average
MFS Municipal Income Trust’s worth is above its 50-day moving average of $3.39 and above its 200-day moving average of $3.26.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 16, 2024, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 4.25%.
Yearly Top and Bottom Value
MFS Municipal Income Trust’s stock is valued at $3.47 at 20:23 EST, under its 52-week high of $3.53 and way higher than its 52-week low of $2.78.
4. Universal Corporation (UVV)
66.95% Payout Ratio
Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, natural wrapped cigars and cigarillos, smokeless, and pipe tobacco products. It also provides value-added services, including blending, chemical, and physical testing of tobacco; service cutting for various manufacturers; manufacturing reconstituted leaf tobacco; just-in-time inventory management services; electronic nicotine delivery systems; and smoke testing services for customers. In addition, the company offers testing services for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors; and analytical services that include chemical compound testing in finished tobacco products and mainstream smoke. Further, it provides a various value-added manufacturing processes to produce specialty vegetable and fruit-based ingredients, as well as botanical extracts and flavorings for human and pet food markets; and recycles waste materials from tobacco production. Universal Corporation was founded in 1886 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Universal Corporation has a trailing twelve months EPS of $4.78.
PE Ratio
Universal Corporation has a trailing twelve months price to earnings ratio of 10.77. Meaning, the purchaser of the share is investing $10.77 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 9.12%.
Volume
Today’s last reported volume for Universal Corporation is 16181 which is 90.84% below its average volume of 176827.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.1%, now sitting on 2.75B for the twelve trailing months.
5. Pioneer High Income Trust (PHT)
53.86% Payout Ratio
Pioneer High Income Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities. It seeks to invest in bonds that are rated BBB- or lower by Standard and Poor's or a similar national rating service. The fund benchmarks the performance of its portfolio against the Bank of America Merrill Lynch High Yield Master II Index. Pioneer High Income Fund, Inc. was formed on April 25, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pioneer High Income Trust has a trailing twelve months EPS of $1.23.
PE Ratio
Pioneer High Income Trust has a trailing twelve months price to earnings ratio of 6.17. Meaning, the purchaser of the share is investing $6.17 for every dollar of annual earnings.
Volume
Today’s last reported volume for Pioneer High Income Trust is 74175 which is 12.46% below its average volume of 84736.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 19, 2024, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 8.7%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.4%, now sitting on 14.14M for the twelve trailing months.
6. Lakeland Financial Corporation (LKFN)
47.96% Payout Ratio
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.
Earnings Per Share
As for profitability, Lakeland Financial Corporation has a trailing twelve months EPS of $3.92.
PE Ratio
Lakeland Financial Corporation has a trailing twelve months price to earnings ratio of 18.16. Meaning, the purchaser of the share is investing $18.16 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 16.18%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 11.2% and a negative 24.1%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 243.1M for the twelve trailing months.
Yearly Top and Bottom Value
Lakeland Financial Corporation’s stock is valued at $71.18 at 20:23 EST, under its 52-week high of $73.22 and way higher than its 52-week low of $44.47.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 25, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 2.7%.
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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
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).
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
