(VIANEWS) – Open Text Corporation (OTEX), Cohen & Steers Closed (FOF), Lincoln National Corporation (LNC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 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. Open Text Corporation (OTEX)
205.41% Payout Ratio
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
Earnings Per Share
As for profitability, Open Text Corporation has a trailing twelve months EPS of $0.48.
PE Ratio
Open Text Corporation has a trailing twelve months price to earnings ratio of 73.85. Meaning, the purchaser of the share is investing $73.85 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 3.13%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 28.8% and 56%, respectively.
2. Cohen & Steers Closed (FOF)
137.37% Payout Ratio
Cohen & Steers Closed-End Opportunity Fund, Inc. is a close-ended fund of funds launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies. The fund makes its investments in funds investing across diversified sectors. It seeks to invest in undervalued funds with market capitalization generally greater than $200 million. The fund employs quantitative analysis to make its investments. It benchmarks the performance of its portfolio against the S&P 500 Index and the Morningstar U.S. All Taxable Ex-Foreign Equity Index. The fund conducts in-house research to create its portfolios. Cohen & Steers Closed-End Opportunity Fund, Inc. was formed on September 14, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, Cohen & Steers Closed has a trailing twelve months EPS of $0.76.
PE Ratio
Cohen & Steers Closed has a trailing twelve months price to earnings ratio of 15.17. Meaning, the purchaser of the share is investing $15.17 for every dollar of annual earnings.
Moving Average
Cohen & Steers Closed’s value is higher than its 50-day moving average of $11.38 and higher than its 200-day moving average of $10.92.
3. Lincoln National Corporation (LNC)
76.27% Payout Ratio
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers variable, fixed, and indexed variable annuities. The Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace. This segment offers individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and a range of plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. The Life Insurance segment provides life insurance products, including term insurance, such as single and survivorship versions of universal life insurance; variable universal life insurance; indexed universal life insurance products; and critical illness and long-term care riders. The Group Protection segment offers group non-medical insurance products comprising short and long-term disability, statutory disability and paid family medical leave administration and absence management services, term life, dental, vision and accident, and critical illness benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.
Earnings Per Share
As for profitability, Lincoln National Corporation has a trailing twelve months EPS of $-4.92.
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 -12.54%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 81.8%, now sitting on 11.64B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 9, 2024, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 5.86%.
4. AllianzGI Convertible & Income Fund II (NCZ)
32.14% Payout Ratio
Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in-house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund II. Virtus Convertible & Income Fund II was formed on July 31, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, AllianzGI Convertible & Income Fund II has a trailing twelve months EPS of $-0.9.
Volume
Today’s last reported volume for AllianzGI Convertible & Income Fund II is 273140 which is 43.93% below its average volume of 487201.
Moving Average
AllianzGI Convertible & Income Fund II’s worth is higher than its 50-day moving average of $2.90 and above its 200-day moving average of $2.88.
Yearly Top and Bottom Value
AllianzGI Convertible & Income Fund II’s stock is valued at $2.92 at 20:23 EST, below its 52-week high of $3.15 and way higher than its 52-week low of $2.50.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.4%, now sitting on 18.77M for the twelve trailing months.
5. Helios Technologies (HLIO)
31.58% Payout Ratio
Helios Technologies, Inc., together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; quick release hydraulic coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers. This segment sells its products under the Sun Hydraulics, Faster, and Custom Fluidpower brands. The Electronics segment offers displays, controls, and instrumentation products for off-highway, recreational and commercial marine, power sports and specialty vehicles, agriculture and water pumping, power generation, health and wellness, and engine-driven industrial equipment markets. This segment sells its products under the Enovation Controls, Murphy, and Balboa Water Group brands. Helios Technologies, Inc. sells its hydraulic products primarily through value-add distributors, as well as directly to original equipment manufacturers; and electronic products to original equipment manufacturer customers. The company was formerly known as Sun Hydraulics Corporation and changed its name to Helios Technologies, Inc. in June 2019. Helios Technologies, Inc. was founded in 1970 and is headquartered in Sarasota, Florida.
Earnings Per Share
As for profitability, Helios Technologies has a trailing twelve months EPS of $1.14.
PE Ratio
Helios Technologies has a trailing twelve months price to earnings ratio of 39.2. Meaning, the purchaser of the share is investing $39.2 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 4.55%.
Volume
Today’s last reported volume for Helios Technologies is 278042 which is 36.43% above its average volume of 203790.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Helios Technologies’s EBITDA is 2.36.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
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).
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
