(VIANEWS) – Investcorp Credit Management BDC (ICMB), 3M Company (MMM), PIMCO California Municipal Income Fund (PCQ) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio at the moment. 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 distribute 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. Investcorp Credit Management BDC (ICMB)
254.55% Payout Ratio
CM Finance Inc. is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions. The fund primarily invests in cable and satellites; consumer services; healthcare equipment and services; industrials; information technology; telecommunication services; and utilities sectors. The fund seeks to invest in companies with EBITDA more than $15 million. The fund is based in New York, New York.
Earnings Per Share
As for profitability, Investcorp Credit Management BDC has a trailing twelve months EPS of $-0.01.
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 -0.09%.
2. 3M Company (MMM)
202.72% Payout Ratio
Earnings Per Share
As for profitability, 3M Company has a trailing twelve months EPS of $-12.63.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.31%.
Yearly Top and Bottom Value
3M Company’s stock is valued at $91.31 at 02:23 EST, way under its 52-week high of $134.99 and way above its 52-week low of $71.36.
Volume
Today’s last reported volume for 3M Company is 2976440 which is 54.34% below its average volume of 6519720.
3. PIMCO California Municipal Income Fund (PCQ)
139.35% 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 $0.31.
PE Ratio
PIMCO California Municipal Income Fund has a trailing twelve months price to earnings ratio of 32.03. Meaning, the purchaser of the share is investing $32.03 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 4.46%.
Volume
Today’s last reported volume for PIMCO California Municipal Income Fund is 58479 which is 5.57% above its average volume of 55391.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.5%, now sitting on 14.62M for the twelve trailing months.
Yearly Top and Bottom Value
PIMCO California Municipal Income Fund’s stock is valued at $9.93 at 02:23 EST, under its 52-week high of $10.02 and way higher than its 52-week low of $8.19.
Moving Average
PIMCO California Municipal Income Fund’s worth is higher than its 50-day moving average of $9.53 and above its 200-day moving average of $9.38.
4. DHT Holdings (DHT)
107.14% Payout Ratio
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Oslo, and Norway. As of March 17, 2021, it had a fleet of 28 very large crude carriers with a capacity of 8,660,835 deadweight tons. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, DHT Holdings has a trailing twelve months EPS of $0.98.
PE Ratio
DHT Holdings has a trailing twelve months price to earnings ratio of 10.85. Meaning, the purchaser of the share is investing $10.85 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 15%.
5. Capitol Federal Financial (CFFN)
79.07% Payout Ratio
Capitol Federal Financial, Inc. operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products, including savings accounts, money market deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit. It also provides various loan products, such as one- to four-family residential real estate loans, commercial real estate and commercial construction, and commercial and industrial loans, as well as consumer loans, which include home equity, lines of credit, home improvement, and vehicle loans, as well as loans secured by saving deposits. In addition, the company offers mobile, telephone, and online banking services, as well as bill payment services; operates a call center; and invests in various securities. As of September 30, 2022, it operated a network of 54 branches, including 45 traditional branches and nine in-store branches located in nine counties throughout Kansas and three counties in Missouri. The company serves the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia, and Salina, Kansas, and a portion of the metropolitan area of greater Kansas City. Capitol Federal Financial, Inc. was founded in 1893 and is headquartered in Topeka, Kansas.
Earnings Per Share
As for profitability, Capitol Federal Financial has a trailing twelve months EPS of $-0.85.
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 -10.99%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 2, 2024, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 5.7%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 80.5% and a negative 10%, respectively.
Volume
Today’s last reported volume for Capitol Federal Financial is 158750 which is 82.13% below its average volume of 888395.
Yearly Top and Bottom Value
Capitol Federal Financial’s stock is valued at $5.94 at 02:23 EST, way under its 52-week high of $6.82 and way above its 52-week low of $4.22.
6. Fulton Financial Corporation (FULT)
39.88% Payout Ratio
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.68.
PE Ratio
Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 11.52. Meaning, the purchaser of the share is investing $11.52 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 10.21%.
Moving Average
Fulton Financial Corporation’s value is above its 50-day moving average of $18.04 and way above its 200-day moving average of $16.34.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 4.8% and 4.8%, respectively.
Sales Growth
Fulton Financial Corporation’s sales growth is 16.6% for the ongoing quarter and 16.1% for the next.
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%.
