(VIANEWS) – PIMCO California Municipal Income Fund (PCQ), Gladstone Investment Corporation (GAIN), Mesa Royalty Trust (MTR) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. PIMCO California Municipal Income Fund (PCQ)
339.41% Payout Ratio
PIMCO California Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal bonds. PIMCO California Municipal Income Fund was formed on June 29, 2001 and is domiciled in New York.
Earnings Per Share
As for profitability, PIMCO California Municipal Income Fund has a trailing twelve months EPS of $0.17.
PE Ratio
PIMCO California Municipal Income Fund has a trailing twelve months price to earnings ratio of 49.18. Meaning, the purchaser of the share is investing $49.18 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 2.66%.
2. Gladstone Investment Corporation (GAIN)
97.42% Payout Ratio
Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.
Earnings Per Share
As for profitability, Gladstone Investment Corporation has a trailing twelve months EPS of $0.97.
PE Ratio
Gladstone Investment Corporation has a trailing twelve months price to earnings ratio of 12.98. Meaning, the purchaser of the share is investing $12.98 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 7.32%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 23.5% and a negative 6.7%, respectively.
Yearly Top and Bottom Value
Gladstone Investment Corporation’s stock is valued at $12.59 at 14:23 EST, way under its 52-week high of $14.64 and higher than its 52-week low of $12.11.
Volume
Today’s last reported volume for Gladstone Investment Corporation is 71543 which is 34.76% below its average volume of 109673.
Moving Average
Gladstone Investment Corporation’s value is under its 50-day moving average of $12.79 and below its 200-day moving average of $13.20.
3. Mesa Royalty Trust (MTR)
96.51% Payout Ratio
Mesa Royalty Trust owns net overriding royalty interests in various oil and gas producing properties in the United States. The company has interests in properties located in the Hugoton field of Kansas; and the San Juan Basin of Northwestern New Mexico and Southwestern Colorado. Mesa Royalty Trust was founded in 1979 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Mesa Royalty Trust has a trailing twelve months EPS of $2.4.
PE Ratio
Mesa Royalty Trust has a trailing twelve months price to earnings ratio of 5.45. Meaning, the purchaser of the share is investing $5.45 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 163.32%.
Yearly Top and Bottom Value
Mesa Royalty Trust’s stock is valued at $13.08 at 14:23 EST, way below its 52-week high of $29.50 and above its 52-week low of $12.80.
4. First Bancorp (FBNC)
30.45% Payout Ratio
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.
Earnings Per Share
As for profitability, First Bancorp has a trailing twelve months EPS of $2.89.
PE Ratio
First Bancorp has a trailing twelve months price to earnings ratio of 9.6. Meaning, the purchaser of the share is investing $9.6 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 10.07%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 3.15%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.1%, now sitting on 378.85M for the twelve trailing months.
Moving Average
First Bancorp’s worth is below its 50-day moving average of $28.31 and way under its 200-day moving average of $33.11.
Yearly Top and Bottom Value
First Bancorp’s stock is valued at $27.74 at 14:23 EST, way below its 52-week high of $49.00 and above its 52-week low of $26.00.
Previous days news about First Bancorp (FBNC)
- First bancorp (fbnc) Q3 earnings: taking a look at key metrics versus estimates. According to Zacks on Thursday, 26 October, "Here is how First Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
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.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
