(VIANEWS) – Western Asset Bond Fund Share of Beneficial Interest (WEA), Artisan Partners Asset Management (APAM), MidWestOne Financial Group (MOFG) are the highest payout ratio stocks on this list.
We have congregated 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 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. Western Asset Bond Fund Share of Beneficial Interest (WEA)
77.69% Payout Ratio
Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months EPS of $1.04.
PE Ratio
Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months price to earnings ratio of 10.38. Meaning, the purchaser of the share is investing $10.38 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 9.21%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 24, 2024, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 7.73%.
Moving Average
Western Asset Bond Fund Share of Beneficial Interest’s value is higher than its 50-day moving average of $10.65 and higher than its 200-day moving average of $10.65.
2. Artisan Partners Asset Management (APAM)
73.72% Payout Ratio
Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.
Earnings Per Share
As for profitability, Artisan Partners Asset Management has a trailing twelve months EPS of $3.31.
PE Ratio
Artisan Partners Asset Management has a trailing twelve months price to earnings ratio of 12.71. Meaning, the purchaser of the share is investing $12.71 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 61.66%.
Sales Growth
Artisan Partners Asset Management’s sales growth for the next quarter is 12.2%.
Moving Average
Artisan Partners Asset Management’s value is below its 50-day moving average of $42.44 and higher than its 200-day moving average of $41.54.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 18.3% and 17.3%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 2.44 and the estimated forward annual dividend yield is 5.67%.
3. MidWestOne Financial Group (MOFG)
66.9% Payout Ratio
MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers deposit products, such as noninterest bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and industrial, commercial and residential real estate, agricultural, and credit card loans, as well as consumer loans, such as personal and automobile loans. In addition, it offers various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, investment advisory, retail securities brokerage, financial planning, securities trading, mutual funds sales, fixed and variable annuities and tax-exempt, conventional unit trusts, and custodial services. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online and mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of 56 banking offices located in central and eastern Iowa, the Minneapolis/St. Paul metropolitan area of Minnesota, southwestern Wisconsin, southwestern Florida, and Denver, Colorado. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.
Earnings Per Share
As for profitability, MidWestOne Financial Group has a trailing twelve months EPS of $1.45.
PE Ratio
MidWestOne Financial Group has a trailing twelve months price to earnings ratio of 15.63. Meaning, the purchaser of the share is investing $15.63 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 4.42%.
Yearly Top and Bottom Value
MidWestOne Financial Group’s stock is valued at $22.66 at 20:23 EST, way under its 52-week high of $27.78 and way higher than its 52-week low of $19.19.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.97 and the estimated forward annual dividend yield is 4.38%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.4%, now sitting on 161.44M for the twelve trailing months.
4. Gladstone Investment Corporation (GAIN)
38.87% Payout Ratio
Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.
Earnings Per Share
As for profitability, Gladstone Investment Corporation has a trailing twelve months EPS of $2.47.
PE Ratio
Gladstone Investment Corporation has a trailing twelve months price to earnings ratio of 5.72. Meaning, the purchaser of the share is investing $5.72 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 18.3%.
Yearly Top and Bottom Value
Gladstone Investment Corporation’s stock is valued at $14.14 at 20:23 EST, under its 52-week high of $14.96 and way above its 52-week low of $12.14.
Volume
Today’s last reported volume for Gladstone Investment Corporation is 60320 which is 36.83% below its average volume of 95491.
Moving Average
Gladstone Investment Corporation’s worth is above its 50-day moving average of $14.04 and higher than its 200-day moving average of $14.06.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 21, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 6.8%.
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 present 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).
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).
