(VIANEWS) – Macquarie/First Trust Global (MFD), PIMCO California Municipal Income Fund III (PZC), Philip Morris International (PM) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio at the moment. 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. Macquarie/First Trust Global (MFD)
1000% Payout Ratio
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure and utilities sectors. The fund primarily invests in dividend-paying stocks of companies. It benchmarks the performance of its portfolio against the S&P 500 Utilities Total Return Index. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund was formed on March 25, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Macquarie/First Trust Global has a trailing twelve months EPS of $-0.97.
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 -9.83%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.6%, now sitting on 7.15M for the twelve trailing months.
Yearly Top and Bottom Value
Macquarie/First Trust Global’s stock is valued at $7.45 at 04:23 EST, way below its 52-week high of $9.11 and way above its 52-week low of $6.63.
2. 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 63.36. Meaning, the purchaser of the share is investing $63.36 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%.
Volume
Today’s last reported volume for PIMCO California Municipal Income Fund III is 121058 which is 99.73% above its average volume of 60609.
3. Philip Morris International (PM)
99.22% Payout Ratio
Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Philip Morris International has a trailing twelve months EPS of $5.15.
PE Ratio
Philip Morris International has a trailing twelve months price to earnings ratio of 18.3. Meaning, the purchaser of the share is investing $18.3 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.8%, now sitting on 34.28B for the twelve trailing months.
4. Lancaster Colony Corporation (LANC)
79.63% Payout Ratio
Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, and Girard's; flatbread wraps and pizza crusts under the Flatout brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; frozen pasta under the Marzetti Frozen Pasta brand; and vegetable and fruit dips under the Marzetti brand. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.
Earnings Per Share
As for profitability, Lancaster Colony Corporation has a trailing twelve months EPS of $4.27.
PE Ratio
Lancaster Colony Corporation has a trailing twelve months price to earnings ratio of 39.01. Meaning, the purchaser of the share is investing $39.01 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 13.52%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lancaster Colony Corporation’s EBITDA is 2.45.
Volume
Today’s last reported volume for Lancaster Colony Corporation is 66633 which is 52.49% below its average volume of 140276.
5. RGC Resources (RGCO)
69.08% Payout Ratio
RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,157 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 6 metering stations. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.
Earnings Per Share
As for profitability, RGC Resources has a trailing twelve months EPS of $1.14.
PE Ratio
RGC Resources has a trailing twelve months price to earnings ratio of 15.58. Meaning, the purchaser of the share is investing $15.58 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 11.66%.
Yearly Top and Bottom Value
RGC Resources’s stock is valued at $17.76 at 04:23 EST, way below its 52-week high of $24.50 and way higher than its 52-week low of $15.36.
6. Kayne Anderson MLP Investment Company (KYN)
30.88% Payout Ratio
Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector. The fund primarily invests in energy-related master limited partnerships. Kayne Anderson MLP Investment Company was formed on June 4, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Kayne Anderson MLP Investment Company has a trailing twelve months EPS of $-0.73.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.98%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 10.18%.
Moving Average
Kayne Anderson MLP Investment Company’s worth is under its 50-day moving average of $8.40 and below its 200-day moving average of $8.46.
Revenue Growth
Year-on-year quarterly revenue growth declined by 13.8%, now sitting on 58.92M for the twelve trailing months.
Yearly Top and Bottom Value
Kayne Anderson MLP Investment Company’s stock is valued at $8.32 at 04:23 EST, way below its 52-week high of $9.34 and above its 52-week low of $7.84.
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.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
