(VIANEWS) – John Hancock Hedged Equity & Income Fund (HEQ), New Mountain Finance Corporation (NMFC), Permian Basin Royalty Trust (PBT) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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. John Hancock Hedged Equity & Income Fund (HEQ)
156.76% Payout Ratio
John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives such as call options and equity futures. John Hancock Hedged Equity & Income Fund was formed on May 26, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock Hedged Equity & Income Fund has a trailing twelve months EPS of $0.74.
PE Ratio
John Hancock Hedged Equity & Income Fund has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing $14.05 for every dollar of annual earnings.
Yearly Top and Bottom Value
John Hancock Hedged Equity & Income Fund’s stock is valued at $10.40 at 20:23 EST, under its 52-week high of $11.08 and way above its 52-week low of $9.08.
2. New Mountain Finance Corporation (NMFC)
130% Payout Ratio
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in “defensive growth” industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes, and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.
Earnings Per Share
As for profitability, New Mountain Finance Corporation has a trailing twelve months EPS of $1.1.
PE Ratio
New Mountain Finance Corporation has a trailing twelve months price to earnings ratio of 11.47. Meaning, the purchaser of the share is investing $11.47 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 8.82%.
3. Permian Basin Royalty Trust (PBT)
100.04% Payout Ratio
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian), and Waddell fields located in Crane County, Texas. It also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Permian Basin Royalty Trust has a trailing twelve months EPS of $0.6.
PE Ratio
Permian Basin Royalty Trust has a trailing twelve months price to earnings ratio of 20.7. Meaning, the purchaser of the share is investing $20.7 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 12795.7%.
4. Western Gas Partners, LP Limited Partner Interests (WES)
72.35% Payout Ratio
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.
Earnings Per Share
As for profitability, Western Gas Partners, LP Limited Partner Interests has a trailing twelve months EPS of $3.55.
PE Ratio
Western Gas Partners, LP Limited Partner Interests has a trailing twelve months price to earnings ratio of 10.46. Meaning, the purchaser of the share is investing $10.46 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 44.02%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 30, 2024, the estimated forward annual dividend rate is 3.5 and the estimated forward annual dividend yield is 9.43%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.9%, now sitting on 3.26B for the twelve trailing months.
Moving Average
Western Gas Partners, LP Limited Partner Interests’s value is higher than its 50-day moving average of $35.09 and way higher than its 200-day moving average of $29.84.
Volume
Today’s last reported volume for Western Gas Partners, LP Limited Partner Interests is 1855840 which is 33.3% above its average volume of 1392220.
5. Newmark Group (NMRK)
57.14% Payout Ratio
Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc. is a subsidiary of Cantor Fitzgerald, L.P.
Earnings Per Share
As for profitability, Newmark Group has a trailing twelve months EPS of $0.21.
PE Ratio
Newmark Group has a trailing twelve months price to earnings ratio of 49.64. Meaning, the purchaser of the share is investing $49.64 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 3.4%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 1.16%.
Volume
Today’s last reported volume for Newmark Group is 308720 which is 70.84% below its average volume of 1058820.
Moving Average
Newmark Group’s value is higher than its 50-day moving average of $10.37 and way higher than its 200-day moving average of $8.84.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 2.5B for the twelve trailing months.
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.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
