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PIMCO California Municipal Income Fund III And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – PIMCO California Municipal Income Fund III (PZC), Frontline Ltd. Ordinary Shares (FRO), Regional Management Corp. (RM) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 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. PIMCO California Municipal Income Fund III (PZC)

360.45% Payout Ratio

PIMCO California Municipal Income Fund III 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. It seeks to invest in stocks of companies operating across diversified sectors. Its investment portfolio include California municipal bonds, and other municipal bonds and notes; California variable rate notes and other variable rate notes; California variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO California Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States.

Earnings Per Share

As for profitability, PIMCO California Municipal Income Fund III has a trailing twelve months EPS of $0.11.

PE Ratio

PIMCO California Municipal Income Fund III has a trailing twelve months price to earnings ratio of 58.27. Meaning, the purchaser of the share is investing $58.27 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 -14.65%.

Moving Average

PIMCO California Municipal Income Fund III’s value is below its 50-day moving average of $7.06 and way under its 200-day moving average of $7.61.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9%, now sitting on 14.12M for the twelve trailing months.

Yearly Top and Bottom Value

PIMCO California Municipal Income Fund III’s stock is valued at $6.41 at 10:23 EST, way under its 52-week high of $8.80 and higher than its 52-week low of $6.30.

Volume

Today’s last reported volume for PIMCO California Municipal Income Fund III is 46298 which is 9.6% below its average volume of 51215.

2. Frontline Ltd. Ordinary Shares (FRO)

47.07% Payout Ratio

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Frontline Ltd. Ordinary Shares has a trailing twelve months EPS of $3.76.

PE Ratio

Frontline Ltd. Ordinary Shares has a trailing twelve months price to earnings ratio of 5.92. Meaning, the purchaser of the share is investing $5.92 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 39.29%.

Sales Growth

Frontline Ltd. Ordinary Shares’s sales growth is negative 35.1% for the ongoing quarter and negative 44% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 2.57 and the estimated forward annual dividend yield is 11.54%.

Yearly Top and Bottom Value

Frontline Ltd. Ordinary Shares’s stock is valued at $22.27 at 10:23 EST, below its 52-week high of $22.44 and way above its 52-week low of $10.55.

3. Regional Management Corp. (RM)

41.52% Payout Ratio

Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products. The company also provides insurance products, including credit life, credit accident and health, credit property, vehicle single interest, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products. In addition, its loans are sourced through branches, centrally managed direct mail campaigns, digital partners, and retailers, as well as its consumer website. As of February 24, 2022, the company operated through a network of approximately 350 branches in 14 states. Regional Management Corp. was incorporated in 1987 and is headquartered in Greer, South Carolina.

Earnings Per Share

As for profitability, Regional Management Corp. has a trailing twelve months EPS of $2.89.

PE Ratio

Regional Management Corp. has a trailing twelve months price to earnings ratio of 8.26. Meaning, the purchaser of the share is investing $8.26 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 8.76%.

4. Novo Nordisk A/S (NVO)

41.49% Payout Ratio

Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes and Obesity care, and Rare Disease. The Diabetes and Obesity care segment provides products in the areas of insulins, GLP-1 and related delivery systems, oral antidiabetic products, obesity, glucagon, needles, and other chronic diseases. The Rare Disease segment offers products in the areas of haemophilia, blood disorders, endocrine disorders, growth disorders, and hormone replacement therapy. The company has a collaboration agreement with Gilead Sciences, Inc.; and research collaboration with Novo Nordisk to discover cell-specific carriers of nucleic acid therapeutics. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark.

Earnings Per Share

As for profitability, Novo Nordisk A/S has a trailing twelve months EPS of $2.4.

PE Ratio

Novo Nordisk A/S has a trailing twelve months price to earnings ratio of 41.54. Meaning, the purchaser of the share is investing $41.54 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 81.54%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 17, 2023, the estimated forward annual dividend rate is 1.03 and the estimated forward annual dividend yield is 1.1%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Novo Nordisk A/S’s EBITDA is 13.45.

Previous days news about Novo Nordisk A/S (NVO)

  • According to Business Insider on Friday, 10 November, "Cramer said although Novo Nordisk A/S (NYSE:NVO) is "very good," but he still prefers Eli Lilly and Company (NYSE:LLY)."

5. Amdocs Limited (DOX)

35.55% Payout Ratio

Amdocs Limited, through its subsidiaries, provides software and services worldwide. The company designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. It provides CES21, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; the Commerce and Care suite for order capture, handling, and customer engagement; the Monetization suite for charging, billing, policy, and revenue management; Intelligent Networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; MarketONE, a cloud-native business ecosystem; Digital Brands Suite, a pre-integrated digital business suite for digital telecom brands and small-scale service providers; and eSIM Cloud for service providers. It also offers AI-powered, cloud-native, and home operating systems; data intelligence solutions and applications; media services for media publishers, TV networks, and video streaming and service providers; end-to-end application development and maintenance services; and ongoing services. In addition, the company provides a line of services designed for various stages of a service provider's lifecycle includes design, delivery, quality engineering, operations, systems integration, mobile network services, consulting, and content services; managed services comprising application development, modernization and maintenance, IT and infrastructure services, testing and professional services that are designed to assist customers in the selection, implementation, operation, management, and maintenance of IT systems. It serves to the communications, cable and satellite, entertainment, and media industry service providers, as well as mobile virtual network operators and directory publishers. Amdocs Limited was founded in 1988 and is headquartered in Saint Louis, Missouri.

Earnings Per Share

As for profitability, Amdocs Limited has a trailing twelve months EPS of $4.67.

PE Ratio

Amdocs Limited has a trailing twelve months price to earnings ratio of 17.33. Meaning, the purchaser of the share is investing $17.33 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 15.76%.

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%.

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).

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

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