(VIANEWS) – Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest (PHD), Blackrock Global Blackrock Global Opportunities Equity Trust (BOE), Plains All American Pipeline, L.P. (PAA) are the highest payout ratio stocks on this list.
We have collected 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. Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest (PHD)
838.64% Payout Ratio
Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S. High Yield Loans Index. Pioneer Floating Rate Fund, Inc. was formed on October 6, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest has a trailing twelve months EPS of $0.11.
PE Ratio
Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest has a trailing twelve months price to earnings ratio of 82.73. Meaning, the purchaser of the share is investing $82.73 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 1.17%.
Volume
Today’s last reported volume for Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest is 48598 which is 7.36% below its average volume of 52464.
Moving Average
Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest’s value is above its 50-day moving average of $9.01 and higher than its 200-day moving average of $8.84.
2. Blackrock Global Blackrock Global Opportunities Equity Trust (BOE)
64.07% Payout Ratio
BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on options on equity securities or indices. It benchmarks the performance of its portfolio against the S&P Global Broad Market Index. The fund was formerly known as BlackRock Global Opportunities Equity Trust. BlackRock Enhanced Global Dividend Trust was formed on May 31, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Global Blackrock Global Opportunities Equity Trust has a trailing twelve months EPS of $1.18.
PE Ratio
Blackrock Global Blackrock Global Opportunities Equity Trust has a trailing twelve months price to earnings ratio of 8.19. Meaning, the purchaser of the share is investing $8.19 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 9.98%.
3. Plains All American Pipeline, L.P. (PAA)
59.88% Payout Ratio
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. The Natural Gas Liquids segment provides gathering, fractionation, storage, transportation, and terminalling activities. This segment also involved in ethane, propane, normal butane, iso-butane, and natural gasoline, as well as crude oil refining processes. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
Earnings Per Share
As for profitability, Plains All American Pipeline, L.P. has a trailing twelve months EPS of $1.62.
PE Ratio
Plains All American Pipeline, L.P. has a trailing twelve months price to earnings ratio of 9.75. Meaning, the purchaser of the share is investing $9.75 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 11.91%.
Sales Growth
Plains All American Pipeline, L.P.’s sales growth is 4.2% for the current quarter and 24.7% for the next.
Yearly Top and Bottom Value
Plains All American Pipeline, L.P.’s stock is valued at $15.79 at 02:23 EST, under its 52-week high of $16.05 and way higher than its 52-week low of $10.17.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 27, 2023, the estimated forward annual dividend rate is 1.07 and the estimated forward annual dividend yield is 6.83%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Plains All American Pipeline, L.P.’s EBITDA is 0.36.
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 7.54. Meaning, the purchaser of the share is investing $7.54 for every dollar of annual earnings.
Moving Average
BlackRock Utility and Infrastructure Trust’s value is under its 50-day moving average of $21.98 and under its 200-day moving average of $22.24.
Volume
Today’s last reported volume for BlackRock Utility and Infrastructure Trust is 33438 which is 31.42% below its average volume of 48761.
5. M.D.C. Holdings (MDC)
37.11% Payout Ratio
M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, Washington, Oregon, Colorado, Utah, Virginia, Maryland, and Florida. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, M.D.C. Holdings has a trailing twelve months EPS of $5.39.
PE Ratio
M.D.C. Holdings has a trailing twelve months price to earnings ratio of 7.65. Meaning, the purchaser of the share is investing $7.65 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 13.07%.
Volume
Today’s last reported volume for M.D.C. Holdings is 480500 which is 19.89% below its average volume of 599829.
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%.
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).
