(VIANEWS) – Vodafone (VOD), Pimco Corporate & Income Strategy Fund (PCN), Nuveen California Dividend Advantage Municipal Fund (NAC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.
1. Vodafone (VOD)
200.01% Payout Ratio
Vodafone Group Public Limited Company provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and Africa. It offers mobile and fixed connectivity services; cloud and edge computing services; Vodafone Business UC with RingCentral, a flexible unified communications solution that allows preferred communication apps together into a single mobile-friendly platform that integrates into existing systems and cloud applications; Business Digital Applications; Internet of Things (IoT) business solutions; end-to-end IoT products; and cybersecurity solutions for businesses. The company also provides mobile broadband devices, fixed devices, mobiles, tablets, and other devices; Fixed broadband and WiFi; V by Vodafone, which offers a range of smart devices that help customers keep track and stay connected with the things and people; Vodafone Television, an internet video product; M-PESA, an African mobile money platform to make payments and provides financial services; voice and roaming services; Vodafone Pass where customers pay a fee to access chats, music, and social or streaming entertainment without keeping track of gigabytes. It serves private and public sector customers in health, banking and finance, transport and logistics, retail, utilities, and agriculture industries. The company was incorporated in 1984 and is based in Newbury, the United Kingdom.
Earnings Per Share
As for profitability, Vodafone has a trailing twelve months EPS of $4.12.
PE Ratio
Vodafone has a trailing twelve months price to earnings ratio of 2.01. Meaning, the purchaser of the share is investing $2.01 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 2.5%.
2. Pimco Corporate & Income Strategy Fund (PCN)
151.69% Payout Ratio
PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in fixed income securities such as treasury bonds, corporate notes, U.S. government agency securities, mortgage backed and asset-backed securities. The fund employs fundamental analysis with a top-down security selection process to create its portfolio. The fund was formerly known as PIMCO Corporate Income Fund. PIMCO Corporate & Income Strategy Fund was formed on October 17, 2001 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco Corporate & Income Strategy Fund has a trailing twelve months EPS of $0.89.
PE Ratio
Pimco Corporate & Income Strategy Fund has a trailing twelve months price to earnings ratio of 14.18. Meaning, the purchaser of the share is investing $14.18 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 7.59%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 8, 2024, the estimated forward annual dividend rate is 1.35 and the estimated forward annual dividend yield is 10.01%.
Moving Average
Pimco Corporate & Income Strategy Fund’s value is under its 50-day moving average of $13.36 and under its 200-day moving average of $12.93.
3. Nuveen California Dividend Advantage Municipal Fund (NAC)
77.86% Payout Ratio
Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes. It primarily invests in securities that are rated Baa or BBB or better by Moody's Investors Service, Inc. or Standard & Poor's, and have an average maturity of 20.96 years. The fund employs fundamental analysis with a bottom-up approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) California Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen California Dividend Advantage Municipal Fund. Nuveen California Quality Municipal Income Fund was formed on December 1, 1998 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen California Dividend Advantage Municipal Fund has a trailing twelve months EPS of $-0.23.
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 -1.89%.
4. Apollo Tactical Income Fund (AIF)
62.17% Payout Ratio
Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC. The fund invests in fixed income markets. It primarily invests in senior secured loans including floating rate senior loans, high yield corporate bonds, and other credit instruments of varying maturities made to companies whose debt is typically rated below investment grade. The fund employs a conservative approach to credit selection that focuses on such factors as collateral coverage, structural seniority, credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams to create its portfolio. Apollo Tactical Income Fund Inc. was formed on February 25, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Apollo Tactical Income Fund has a trailing twelve months EPS of $2.4.
PE Ratio
Apollo Tactical Income Fund has a trailing twelve months price to earnings ratio of 6.1. Meaning, the purchaser of the share is investing $6.1 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 16.75%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25.6%, now sitting on 36.26M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 22, 2024, the estimated forward annual dividend rate is 1.73 and the estimated forward annual dividend yield is 11.8%.
Volume
Today’s last reported volume for Apollo Tactical Income Fund is 60075 which is 53.6% below its average volume of 129493.
Yearly Top and Bottom Value
Apollo Tactical Income Fund’s stock is valued at $14.64 at 14:23 EST, below its 52-week high of $15.45 and way higher than its 52-week low of $12.05.
5. First National Corporation (FXNC)
41.96% Payout Ratio
First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products comprise construction loans, including residential, land acquisition, and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by various types of commercial real estate, including multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities. The company's loan products also include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; home equity loans; and secured and unsecured consumer loans, such as lines of credit, automobile loans, deposit account loans, and installment and demand loans. In addition, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Further, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. It serves customers through 14 bank branch offices, a loan production office, and a customer service center, as well as through a network of ATMs. The company was founded in 1907 and is headquartered in Strasburg, Virginia.
Earnings Per Share
As for profitability, First National Corporation has a trailing twelve months EPS of $1.44.
PE Ratio
First National Corporation has a trailing twelve months price to earnings ratio of 10.84. Meaning, the purchaser of the share is investing $10.84 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 7.82%.
Yearly Top and Bottom Value
First National Corporation’s stock is valued at $15.61 at 14:23 EST, way below its 52-week high of $21.75 and above its 52-week low of $14.50.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.8%, now sitting on 48.94M for the twelve trailing months.
6. MSCI (MSCI)
39.21% Payout Ratio
MSCI Inc., together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct. The Analytics segment offers risk management, performance attribution and portfolio management content, application, an integrated view of risk and return service, and an analysis of market, credit, liquidity, counterparty, and climate risk across asset classes; managed services, including consolidation of client portfolio data, review and reconciliation of input data and results, and customized reporting; and HedgePlatform to measure, evaluate, and monitor the risk of hedge fund investments. The ESG and Climate segment provides products and services that help institutional investors understand how ESG impacts the long-term risk and return of their portfolio and individual security-level investments; and data, ratings, research, and tools to help investors navigate increasing regulation. The All Other – Private Assets segment includes real estate and infrastructure data, benchmarks, return-analytics, climate assessments and market insights; business intelligence to real estate owners, managers, developers, and brokers; and offers investment decision support tools for private capital. The Private Capital Solutions segment offers tools to help private asset investors across mission-critical workflows, such as sourcing terms and conditions, evaluating operating performance, managing risk and other activities supporting private capital investing. MSCI Inc. was incorporated in 1998 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, MSCI has a trailing twelve months EPS of $14.38.
PE Ratio
MSCI has a trailing twelve months price to earnings ratio of 36.62. Meaning, the purchaser of the share is investing $36.62 for every dollar of annual earnings.
Volume
Today’s last reported volume for MSCI is 386163 which is 14.25% below its average volume of 450339.
Yearly Top and Bottom Value
MSCI’s stock is valued at $526.62 at 14:23 EST, way under its 52-week high of $617.39 and way higher than its 52-week low of $439.95.
Moving Average
MSCI’s worth is higher than its 50-day moving average of $511.87 and below its 200-day moving average of $529.97.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 8.9% and 7.5%, respectively.
Previous days news about MSCI (MSCI)
- According to Zacks on Tuesday, 28 May, "These are iShares MSCI USA Quality Factor ETF (QUAL Quick QuoteQUAL – Free Report) , Invesco S&P 500 Quality ETF (SPHQ Quick QuoteSPHQ – Free Report) , JPMorgan U.S. Quality Factor ETF (JQUA Quick QuoteJQUA – Free Report) , FlexShares Quality Dividend Index Fund (QDF Quick QuoteQDF – Free Report) and SPDR MSCI USA StrategicFactors ETF (QUS Quick QuoteQUS – Free Report) .", "SPDR MSCI USA StrategicFactors ETF holds 608 stocks in its basket and charges 15 bps in fees per year from investors. "
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).
