(VIANEWS) – Pimco Municipal Income Fund II (PML), Gladstone Land Corporation (LAND), Southwest Airlines (LUV) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio so far. 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 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. Pimco Municipal Income Fund II (PML)
5715% Payout Ratio
PIMCO Municipal Income Fund II 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 fixed income markets. The fund invests in stocks of companies operating across diversified sectors. It seeks to invest primarily in municipal bonds, variable rate notes, variable rate demand notes, and U.S. treasury bills. PIMCO Municipal Income Fund II was formed on June 28 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, Pimco Municipal Income Fund II has a trailing twelve months EPS of $0.01.
PE Ratio
Pimco Municipal Income Fund II has a trailing twelve months price to earnings ratio of 818.2. Meaning, the purchaser of the share is investing $818.2 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 1.7%.
Moving Average
Pimco Municipal Income Fund II’s worth is under its 50-day moving average of $8.19 and below its 200-day moving average of $8.49.
Volume
Today’s last reported volume for Pimco Municipal Income Fund II is 166657 which is 44% below its average volume of 297654.
2. Gladstone Land Corporation (LAND)
242.41% Payout Ratio
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, apples, cherries, figs, lemons, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 20-plus years and harvested annually. Approximately 40% of the Company's fresh produce acreage is either organic or in transition to become organic, and over 10% of its permanent crop acreage falls into this category. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. Gladstone Land pays monthly distributions to its stockholders and has paid 129 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 32 times over the prior 35 quarters, and the current per-share distribution on its common stock is $0.0464 per month, or $0.5568 per year.
Earnings Per Share
As for profitability, Gladstone Land Corporation has a trailing twelve months EPS of $-0.29.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.93%.
3. Southwest Airlines (LUV)
88.89% Payout Ratio
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Southwest Airlines has a trailing twelve months EPS of $0.76.
PE Ratio
Southwest Airlines has a trailing twelve months price to earnings ratio of 42.76. Meaning, the purchaser of the share is investing $42.76 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 4.69%.
4. Thomson Reuters (TRI)
41.46% Payout Ratio
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.
Earnings Per Share
As for profitability, Thomson Reuters has a trailing twelve months EPS of $4.74.
PE Ratio
Thomson Reuters has a trailing twelve months price to earnings ratio of 33.44. Meaning, the purchaser of the share is investing $33.44 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 18.53%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Thomson Reuters’s EBITDA is 76.15.
Moving Average
Thomson Reuters’s worth is way above its 50-day moving average of $141.06 and way above its 200-day moving average of $131.23.
Yearly Top and Bottom Value
Thomson Reuters’s stock is valued at $158.52 at 19:23 EST, higher than its 52-week high of $152.46.
Sales Growth
Thomson Reuters’s sales growth is 3.3% for the current quarter and 4.2% for the next.
Previous days news about Thomson Reuters (TRI)
- Thomson Reuters (tri) Q4 earnings surpass estimates. According to Zacks on Thursday, 8 February, "While Thomson Reuters has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
- Compared to estimates, thomson Reuters (tri) Q4 earnings: A look at key metrics. According to Zacks on Thursday, 8 February, "Here is how Thomson Reuters performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
5. STERIS (STE)
34.96% Payout Ratio
STERIS plc provides infection prevention products and services worldwide. It operates through four segments: Healthcare, Applied Sterilization Technologies, Life Sciences, and Dental. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in the operating room, including surgical tables, lights, and connectivity solutions, as well as equipment management services. It also provides capital equipment installation, maintenance, upgradation, repair, and troubleshooting services; preventive maintenance programs and repair services; instrument and endoscope repair and maintenance services; and custom process improvement consulting and outsourced instrument sterile processing services. The Applied Sterilization Technologies segment provides contract sterilization and testing services for medical device and pharmaceutical manufacturers through a network of approximately 50 contract sterilization and laboratory facilities. The Life Sciences segment designs, manufactures and sells consumable products, such as formulated cleaning chemistries, barrier, sterility assurance products, steam and vaporized hydrogen peroxide sterilizers, and washer disinfectors. This segment also offers equipment installation, maintenance, upgradation, repair, and troubleshooting services; and preventive maintenance programs and repair services. The Dental segment provides hand and electric-powered dental instruments, infection control products, conscious sedation, personal protective equipment, and water quality products for dental suite. The company serves its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers. The company was founded in 1985 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, STERIS has a trailing twelve months EPS of $5.68.
PE Ratio
STERIS has a trailing twelve months price to earnings ratio of 39.24. Meaning, the purchaser of the share is investing $39.24 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 9.17%.
Yearly Top and Bottom Value
STERIS’s stock is valued at $222.90 at 19:23 EST, way under its 52-week high of $254.00 and way above its 52-week low of $173.21.
Moving Average
STERIS’s value is higher than its 50-day moving average of $213.13 and above its 200-day moving average of $214.61.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 7.4% and 7.4%, respectively.
Sales Growth
STERIS’s sales growth for the next quarter is 5.4%.
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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
