PCM Fund And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – PCM Fund (PCM), BlackRock TCP Capital Corp. (TCPC), Telephone and Data Systems (TDS) 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 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. PCM Fund (PCM)

9600% Payout Ratio

PCM Fund Inc. 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 seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities. It employs fundamental analysis with a focus on top down stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against Barclay's CMBS Investment Grade Index. PCM Fund Inc was formed on September 2, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, PCM Fund has a trailing twelve months EPS of $0.01.

PE Ratio

PCM Fund has a trailing twelve months price to earnings ratio of 794. Meaning, the purchaser of the share is investing $794 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 negative -0.08%.

Yearly Top and Bottom Value

PCM Fund’s stock is valued at $7.94 at 01:23 EST, way under its 52-week high of $10.20 and way higher than its 52-week low of $6.88.

Volume

Today’s last reported volume for PCM Fund is 51939 which is 56.02% above its average volume of 33288.

2. BlackRock TCP Capital Corp. (TCPC)

1885.71% Payout Ratio

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million. It prefers to make equity investments in companies for an ownership stake.

Earnings Per Share

As for profitability, BlackRock TCP Capital Corp. has a trailing twelve months EPS of $0.07.

PE Ratio

BlackRock TCP Capital Corp. has a trailing twelve months price to earnings ratio of 166.43. Meaning, the purchaser of the share is investing $166.43 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 0.52%.

Volume

Today’s last reported volume for BlackRock TCP Capital Corp. is 385107 which is 15.58% above its average volume of 333175.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 11.67%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.5%, now sitting on 205.17M for the twelve trailing months.

Yearly Top and Bottom Value

BlackRock TCP Capital Corp.’s stock is valued at $11.65 at 01:23 EST, way under its 52-week high of $13.52 and way above its 52-week low of $9.60.

3. Telephone and Data Systems (TDS)

174.39% Payout Ratio

Telephone and Data Systems, Inc., a telecommunications company, provides communications services in the United States. It operates through two segments: UScellular and TDS Telecom. The company offers wireless solutions to consumers, and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, fixed wireless home internet, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products. It also provides replace and repair services; Trade-In program through which it buys customers' used equipment; internet connections and all-home WI-FI services; TDS TV+, an integrated cloud television platform that offers video content and features; local and long-distance telephone service, voice over internet protocol, and enhanced services; and broadband, IP-based services, and hosted voice and video collaboration services. The company sells its products through retail sales, direct and indirect sales, third-party retailers, and independent agents, as well as through ecommerce and telesales. Telephone and Data Systems, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Telephone and Data Systems has a trailing twelve months EPS of $-0.79.

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 -0.2%.

Yearly Top and Bottom Value

Telephone and Data Systems’s stock is valued at $17.97 at 01:23 EST, way under its 52-week high of $21.75 and way above its 52-week low of $6.44.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 76.3% and 150%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth declined by 8.2%, now sitting on 5.21B for the twelve trailing months.

Sales Growth

Telephone and Data Systems’s sales growth is negative 5.6% for the present quarter and negative 3.5% for the next.

4. NextEra Energy (NEE)

48.22% Payout Ratio

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2022, the company had approximately 32,100 megawatts of net generating capacity; approximately 88,000 circuit miles of transmission and distribution lines; and 871 substations. It serves approximately 12 million people through approximately 5.8 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.

Earnings Per Share

As for profitability, NextEra Energy has a trailing twelve months EPS of $3.79.

PE Ratio

NextEra Energy has a trailing twelve months price to earnings ratio of 16.32. Meaning, the purchaser of the share is investing $16.32 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 12.84%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 21, 2023, the estimated forward annual dividend rate is 1.87 and the estimated forward annual dividend yield is 3.13%.

Previous days news about NextEra Energy (NEE)

  • According to Zacks on Tuesday, 2 January, "NextEra Energy: Juno Beach, FL-based NextEra Energy is engaged in the generation, transmission, distribution and sale of electric energy. "
  • Nextera energy (nee) advances while market declines: some information for investors. According to Zacks on Tuesday, 2 January, "The investment community will be closely monitoring the performance of NextEra Energy in its forthcoming earnings report. ", "With respect to valuation, NextEra Energy is currently being traded at a Forward P/E ratio of 17.9. "

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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

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).

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Leave a Reply

Your email address will not be published. Required fields are marked *