(VIANEWS) – Invesco Pennsylvania Value Municipal Income Trust (VPV), Putnam High Income Securities Fund (PCF), SpartanNash Company (SPTN) 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 promise 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 investigating 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. Invesco Pennsylvania Value Municipal Income Trust (VPV)
497% Payout Ratio
Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade Pennsylvania municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Pennsylvania Value Municipal Income Trust. Invesco Pennsylvania Value Municipal Income Trust was formed on April 30, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Pennsylvania Value Municipal Income Trust has a trailing twelve months EPS of $-0.19.
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 -1.71%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.6%, now sitting on 18.41M for the twelve trailing months.
Yearly Top and Bottom Value
Invesco Pennsylvania Value Municipal Income Trust’s stock is valued at $10.09 at 01:23 EST, below its 52-week high of $10.58 and way higher than its 52-week low of $8.58.
Volume
Today’s last reported volume for Invesco Pennsylvania Value Municipal Income Trust is 37224 which is 38.99% below its average volume of 61019.
2. Putnam High Income Securities Fund (PCF)
224.29% Payout Ratio
High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in both convertible bonds and convertible preferred stocks. The fund benchmarks the performance of its portfolio against a composite index comprising of 50% JPMorgan Developed High Yield Index and 50% BofA Merrill Lynch AllConvertibles Speculative Quality Index. The fund was formerly known as Putnam High Income Securities Fund High Income Securities Fund was formed on July 9, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, Putnam High Income Securities Fund has a trailing twelve months EPS of $0.34.
PE Ratio
Putnam High Income Securities Fund has a trailing twelve months price to earnings ratio of 19. Meaning, the purchaser of the share is investing $19 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 4.4%.
Volume
Today’s last reported volume for Putnam High Income Securities Fund is 89946 which is 48.59% above its average volume of 60532.
Yearly Top and Bottom Value
Putnam High Income Securities Fund’s stock is valued at $6.46 at 01:23 EST, below its 52-week high of $7.12 and way higher than its 52-week low of $5.71.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 18, 2024, the estimated forward annual dividend rate is 0.73 and the estimated forward annual dividend yield is 11.37%.
Moving Average
Putnam High Income Securities Fund’s worth is higher than its 50-day moving average of $6.28 and higher than its 200-day moving average of $6.35.
3. SpartanNash Company (SPTN)
70.08% Payout Ratio
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 68,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to 160 military commissaries and approximately 400 exchanges located in 39 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood markets. As of March 11, 2021, it operated 154 supermarkets, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. SpartanNash Company also markets and distributes private brand items primarily under the Our Family brand name. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, SpartanNash Company has a trailing twelve months EPS of $1.22.
PE Ratio
SpartanNash Company has a trailing twelve months price to earnings ratio of 18.65. Meaning, the purchaser of the share is investing $18.65 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 5.47%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.4%, now sitting on 9.79B for the twelve trailing months.
Moving Average
SpartanNash Company’s worth is above its 50-day moving average of $22.74 and below its 200-day moving average of $22.79.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SpartanNash Company’s EBITDA is 33.62.
Sales Growth
SpartanNash Company’s sales growth is negative 1.1% for the ongoing quarter and negative 0.1% for the next.
4. M.D.C. Holdings (MDC)
42.62% Payout Ratio
M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, Washington, Oregon, Colorado, Utah, Virginia, Maryland, and Florida. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, M.D.C. Holdings has a trailing twelve months EPS of $4.81.
PE Ratio
M.D.C. Holdings has a trailing twelve months price to earnings ratio of 11.11. Meaning, the purchaser of the share is investing $11.11 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 11.47%.
Yearly Top and Bottom Value
M.D.C. Holdings’s stock is valued at $53.44 at 01:23 EST, below its 52-week high of $56.37 and way higher than its 52-week low of $33.58.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 6, 2023, the estimated forward annual dividend rate is 2.1 and the estimated forward annual dividend yield is 3.93%.
Volume
Today’s last reported volume for M.D.C. Holdings is 317426 which is 32.27% below its average volume of 468683.
5. Novo Nordisk A/S (NVO)
42.14% Payout Ratio
Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes and Obesity care, and Rare Disease. The Diabetes and Obesity care segment provides products in the areas of insulins, GLP-1 and related delivery systems, oral antidiabetic products, obesity, glucagon, needles, and other chronic diseases. The Rare Disease segment offers products in the areas of haemophilia, blood disorders, endocrine disorders, growth disorders, and hormone replacement therapy. The company has a collaboration agreement with Gilead Sciences, Inc.; and research collaboration with Novo Nordisk to discover cell-specific carriers of nucleic acid therapeutics. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
Earnings Per Share
As for profitability, Novo Nordisk A/S has a trailing twelve months EPS of $2.44.
PE Ratio
Novo Nordisk A/S has a trailing twelve months price to earnings ratio of 43.22. Meaning, the purchaser of the share is investing $43.22 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 88.77%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.9%, now sitting on 214.49B for the twelve trailing months.
Moving Average
Novo Nordisk A/S’s worth is higher than its 50-day moving average of $102.15 and way above its 200-day moving average of $90.74.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 47.7% and 28.1%, respectively.
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%.
