(VIANEWS) – PCM Fund (PCM), MFS Intermediate Income Trust (MIN), Ecopetrol S.A. (EC) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent 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 825. Meaning, the purchaser of the share is investing $825 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 $8.25 at 02:23 EST, way under its 52-week high of $10.20 and way above its 52-week low of $6.88.
Volume
Today’s last reported volume for PCM Fund is 34996 which is 22.21% above its average volume of 28635.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.3%, now sitting on 14.55M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 9, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 11.64%.
2. MFS Intermediate Income Trust (MIN)
314.88% Payout Ratio
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S. Government/Credit and MFS Intermediate Income Trust Blended Index. MFS Intermediate Income Trust was formed on March 17, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, MFS Intermediate Income Trust has a trailing twelve months EPS of $0.08.
PE Ratio
MFS Intermediate Income Trust has a trailing twelve months price to earnings ratio of 34.25. Meaning, the purchaser of the share is investing $34.25 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 2.91%.
Yearly Top and Bottom Value
MFS Intermediate Income Trust’s stock is valued at $2.74 at 02:23 EST, under its 52-week high of $2.90 and higher than its 52-week low of $2.52.
3. Ecopetrol S.A. (EC)
114.47% Payout Ratio
Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2022, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, and South America. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is headquartered in Bogotá, Colombia.
Earnings Per Share
As for profitability, Ecopetrol S.A. has a trailing twelve months EPS of $2.45.
PE Ratio
Ecopetrol S.A. has a trailing twelve months price to earnings ratio of 4.5. Meaning, the purchaser of the share is investing $4.5 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 20.98%.
4. Ares Dynamic Credit Allocation Fund (ARDC)
96.95% Payout Ratio
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Ares Dynamic Credit Allocation Fund has a trailing twelve months EPS of $1.31.
PE Ratio
Ares Dynamic Credit Allocation Fund has a trailing twelve months price to earnings ratio of 10.81. Meaning, the purchaser of the share is investing $10.81 for every dollar of annual earnings.
Yearly Top and Bottom Value
Ares Dynamic Credit Allocation Fund’s stock is valued at $14.16 at 02:23 EST, under its 52-week high of $14.20 and way higher than its 52-week low of $11.41.
Volume
Today’s last reported volume for Ares Dynamic Credit Allocation Fund is 126531 which is 8.27% above its average volume of 116860.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 1.41 and the estimated forward annual dividend yield is 11.64%.
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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
