Pimco Municipal Income Fund II And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Pimco Municipal Income Fund II (PML), Banco Santander (BSAC), Watsco (WSO) 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 promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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 857. Meaning, the purchaser of the share is investing $857 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%.

Volume

Today’s last reported volume for Pimco Municipal Income Fund II is 94820 which is 60.36% below its average volume of 239256.

Moving Average

Pimco Municipal Income Fund II’s worth is above its 50-day moving average of $8.40 and above its 200-day moving average of $8.41.

2. Banco Santander (BSAC)

83.54% Payout Ratio

Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Corporate Investment Banking segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. It also provides mutual funds, insurance and stock brokerage, foreign exchange, leasing, factoring, financial consulting, investment management, foreign trade and mortgage financing, treasury, and transactional services, as well as specialized services to finance projects for the real estate industry. In addition, the company offers short-term financing and fund raising, and brokerage services, as well as derivatives, securitization, and other tailor-made products. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. As of December 31, 2020, the company operated 358 branches, which include 220 under the Santander brand name, 19 under the Select brand name, 32 specialized branches for the middle market, and 28 as auxiliary and payment centers, as well as 1,199 ATMs. Banco Santander-Chile was incorporated in 1977 and is headquartered in Santiago, Chile.

Earnings Per Share

As for profitability, Banco Santander has a trailing twelve months EPS of $1.3.

PE Ratio

Banco Santander has a trailing twelve months price to earnings ratio of 15.54. Meaning, the purchaser of the share is investing $15.54 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 11.52%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 74%, now sitting on 1.6T for the twelve trailing months.

Moving Average

Banco Santander’s worth is higher than its 50-day moving average of $19.03 and higher than its 200-day moving average of $18.90.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1.27 and the estimated forward annual dividend yield is 6.31%.

3. Watsco (WSO)

71.69% Payout Ratio

Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. It operates in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.

Earnings Per Share

As for profitability, Watsco has a trailing twelve months EPS of $13.65.

PE Ratio

Watsco has a trailing twelve months price to earnings ratio of 28.9. Meaning, the purchaser of the share is investing $28.9 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 26.07%.

4. BlackRock Utility and Infrastructure Trust (BUI)

52.8% Payout Ratio

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors. It invests in stocks of companies across diversified market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. The fund was formerly known as BlackRock Utility and Infrastructure Trust. BlackRock Utility, Infrastructure & Power Opportunities Trust was formed on November 22, 2011 and is domiciled in the United States.

Earnings Per Share

As for profitability, BlackRock Utility and Infrastructure Trust has a trailing twelve months EPS of $2.75.

PE Ratio

BlackRock Utility and Infrastructure Trust has a trailing twelve months price to earnings ratio of 7.66. Meaning, the purchaser of the share is investing $7.66 for every dollar of annual earnings.

Volume

Today’s last reported volume for BlackRock Utility and Infrastructure Trust is 49723 which is 20.31% below its average volume of 62398.

5. Avery Dennison Corporation (AVY)

51.29% Payout Ratio

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands. The company also offers graphics and reflective products for the architectural, commercial sign, digital printing, and other related market segments; durable cast and reflective films to the construction, automotive, and fleet transportation market segments; reflective films for traffic and safety applications; and pressure-sensitive vinyl and specialty materials designed for digital imaging, screen printing, and sign cutting applications under the Avery Dennison and Mactac brand names. In addition, it provides branding solutions include brand embellishments, graphic tickets, tags, and labels, and sustainable packaging; and information solutions include item-level RFID, visibility and loss prevention, price ticketing and marking, productivity and media solutions, and brand protection and security solutions, as well as care, content, and country of origin compliance solutions. It serves home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive industries. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.

Earnings Per Share

As for profitability, Avery Dennison Corporation has a trailing twelve months EPS of $6.2.

PE Ratio

Avery Dennison Corporation has a trailing twelve months price to earnings ratio of 34.79. Meaning, the purchaser of the share is investing $34.79 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 24.18%.

Sales Growth

Avery Dennison Corporation’s sales growth for the current quarter is 3.6%.

6. Sumitomo Mitsui (SMFG)

41.76% Payout Ratio

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments. The company was incorporated in 2002 and is headquartered in Tokyo, Japan.

Earnings Per Share

As for profitability, Sumitomo Mitsui has a trailing twelve months EPS of $0.85.

PE Ratio

Sumitomo Mitsui has a trailing twelve months price to earnings ratio of 13.55. Meaning, the purchaser of the share is investing $13.55 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 5.9%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 3.61%.

Volume

Today’s last reported volume for Sumitomo Mitsui is 1956930 which is 12.08% above its average volume of 1745860.

Yearly Top and Bottom Value

Sumitomo Mitsui’s stock is valued at $11.52 at 08:23 EST, higher than its 52-week high of $10.58.

Moving Average

Sumitomo Mitsui’s value is way higher than its 50-day moving average of $9.70 and way above its 200-day moving average of $9.12.

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.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Sales Growth

1’s sales growth is 1% for the present quarter and 1% for the next.

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