(VIANEWS) – PIMCO New York Municipal Income Fund (PNF), OUTFRONT Media (OUT), Hawaiian Electric Industries (HE) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio so far. 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 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 New York Municipal Income Fund (PNF)
2222.5% Payout Ratio
PIMCO New York Municipal Income 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. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal securities. The fund's investment portfolio includes investments in hospital, water and sewer, tobacco, state and local general obligations, education, lease, tax, and power sectors. PIMCO New York Municipal Income Fund was formed on June 29, 2001 and is domiciled in United States.
Earnings Per Share
As for profitability, PIMCO New York Municipal Income Fund has a trailing twelve months EPS of $0.02.
PE Ratio
PIMCO New York Municipal Income Fund has a trailing twelve months price to earnings ratio of 397.5. Meaning, the purchaser of the share is investing $397.5 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 10, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 5.06%.
Volume
Today’s last reported volume for PIMCO New York Municipal Income Fund is 44784 which is 26.41% above its average volume of 35427.
Yearly Top and Bottom Value
PIMCO New York Municipal Income Fund’s stock is valued at $7.95 at 13:23 EST, way below its 52-week high of $10.40 and way above its 52-week low of $6.37.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.5%, now sitting on 4.7M for the twelve trailing months.
2. OUTFRONT Media (OUT)
173.91% Payout Ratio
OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.
Earnings Per Share
As for profitability, OUTFRONT Media has a trailing twelve months EPS of $-2.67.
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 -42.17%.
Previous days news about OUTFRONT Media (OUT)
- Outfront media (out) up 54% in 3 months: will the trend last?. According to Zacks on Monday, 15 January, "Shares of OUTFRONT Media (OUT Quick QuoteOUT – Free Report) have soared a whopping 53.8% in the past three months, outperforming the industry’s growth of 15.6%."
- According to Zacks on Tuesday, 16 January, "Some better-ranked stocks from the broader REIT sector are Host Hotels & Resorts (HST Quick QuoteHST – Free Report) and OUTFRONT Media (OUT Quick QuoteOUT – Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. "
3. Hawaiian Electric Industries (HE)
75.66% Payout Ratio
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. This segment operates 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.
Earnings Per Share
As for profitability, Hawaiian Electric Industries has a trailing twelve months EPS of $1.89.
PE Ratio
Hawaiian Electric Industries has a trailing twelve months price to earnings ratio of 7.87. Meaning, the purchaser of the share is investing $7.87 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 9.33%.
4. Primo Water Corporation (PRMW)
42.47% Payout Ratio
Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, Renü, Water Event Pure Water Solutions, Canadian Springs, Labrador Source, Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands. It provides its services to residential customers, small and medium-sized businesses, and regional and national corporations and retailers. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida.
Earnings Per Share
As for profitability, Primo Water Corporation has a trailing twelve months EPS of $0.73.
PE Ratio
Primo Water Corporation has a trailing twelve months price to earnings ratio of 20.29. Meaning, the purchaser of the share is investing $20.29 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 9.24%.
Yearly Top and Bottom Value
Primo Water Corporation’s stock is valued at $14.81 at 13:23 EST, way under its 52-week high of $16.47 and way higher than its 52-week low of $12.27.
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).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
