Pimco Corporate & Income Strategy Fund And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Pimco Corporate & Income Strategy Fund (PCN), Pimco Corporate & Income Opportunity Fund (PTY), Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (LND) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio up until now. 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. Pimco Corporate & Income Strategy Fund (PCN)

151.69% Payout Ratio

PIMCO Corporate & Income Strategy Fund 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 invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in fixed income securities such as treasury bonds, corporate notes, U.S. government agency securities, mortgage backed and asset-backed securities. The fund employs fundamental analysis with a top-down security selection process to create its portfolio. The fund was formerly known as PIMCO Corporate Income Fund. PIMCO Corporate & Income Strategy Fund was formed on October 17, 2001 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pimco Corporate & Income Strategy Fund has a trailing twelve months EPS of $0.89.

PE Ratio

Pimco Corporate & Income Strategy Fund has a trailing twelve months price to earnings ratio of 15.08. Meaning, the purchaser of the share is investing $15.08 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 7.59%.

2. Pimco Corporate & Income Opportunity Fund (PTY)

150.06% Payout Ratio

PIMCO Corporate & Income Opportunity 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 across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB. The fund focuses on intermediate maturity bonds across multiple industries and sectors. It employs fundamental analysis along with top-down approach to make its fixed income investments. The fund uses in-house research to make its investments. PIMCO Corporate Opportunity Fund was founded on December 27, 2002 and is domiciled in United States.

Earnings Per Share

As for profitability, Pimco Corporate & Income Opportunity Fund has a trailing twelve months EPS of $0.95.

PE Ratio

Pimco Corporate & Income Opportunity Fund has a trailing twelve months price to earnings ratio of 14.76. Meaning, the purchaser of the share is investing $14.76 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 8.15%.

Yearly Top and Bottom Value

Pimco Corporate & Income Opportunity Fund’s stock is valued at $14.02 at 20:23 EST, below its 52-week high of $14.88 and way higher than its 52-week low of $11.38.

Volume

Today’s last reported volume for Pimco Corporate & Income Opportunity Fund is 234940 which is 50.12% below its average volume of 471014.

Moving Average

Pimco Corporate & Income Opportunity Fund’s worth is under its 50-day moving average of $14.16 and higher than its 200-day moving average of $13.37.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 1.43 and the estimated forward annual dividend yield is 10.22%.

3. Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (LND)

122.17% Payout Ratio

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil. The company operates through six segments: Real Estate, Grains, Sugarcane, Cattle Raising, Cotton, and Other. It is involved in the cultivation of soybean, corn, sorghum, and cotton, as well as sugarcane; and production and sale of beef calves after weaning. The company has 10 farms in 6 Brazilian states and 1 farm in Paraguay with a total area of 215,330 hectares of own lands and 53,735 hectares of leased lands. It also imports and exports agricultural products and inputs; purchases, sells, and/or rents properties, land, buildings, and real estate in rural and/or urban areas; provides real estate brokerage services; and manages third-party assets. The company was incorporated in 2005 and is headquartered in Sao Paulo, Brazil.

Earnings Per Share

As for profitability, Brasilagro Brazilian Agric Real Estate Co Sponsored ADR has a trailing twelve months EPS of $0.54.

PE Ratio

Brasilagro Brazilian Agric Real Estate Co Sponsored ADR has a trailing twelve months price to earnings ratio of 10.37. Meaning, the purchaser of the share is investing $10.37 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 12.17%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Oct 27, 2022, the estimated forward annual dividend rate is 1.01 and the estimated forward annual dividend yield is 18.01%.

Moving Average

Brasilagro Brazilian Agric Real Estate Co Sponsored ADR’s value is higher than its 50-day moving average of $5.26 and higher than its 200-day moving average of $5.12.

4. Territorial Bancorp (TBNK)

73.6% Payout Ratio

Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.

Earnings Per Share

As for profitability, Territorial Bancorp has a trailing twelve months EPS of $1.25.

PE Ratio

Territorial Bancorp has a trailing twelve months price to earnings ratio of 7.94. Meaning, the purchaser of the share is investing $7.94 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 4.4%.

5. Blackrock Debt Strategies Fund (DSU)

65.43% Payout Ratio

BlackRock Debt Strategies Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of companies' debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services (BBB or lower by S&P's or Baa or lower by Moody's) or unrated debt instruments, which are in the judgment of the investment adviser of equivalent quality. It was formerly known as Debt Strategies Fund Inc. BlackRock Debt Strategies Fund, Inc. was formed on March 27, 1998 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Debt Strategies Fund has a trailing twelve months EPS of $1.4.

PE Ratio

Blackrock Debt Strategies Fund has a trailing twelve months price to earnings ratio of 7.24. Meaning, the purchaser of the share is investing $7.24 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 13.34%.

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%.

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.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

Leave a Reply

Your email address will not be published. Required fields are marked *