(VIANEWS) – Pioneer Municipal High Income Advantage Trust (MAV), BlackRock California Municipal Income Trust (BFZ), Southside Bancshares (SBSI) are the highest payout ratio stocks on this list.
We have collected information regarding 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. Pioneer Municipal High Income Advantage Trust (MAV)
216.25% Payout Ratio
Pioneer Municipal High Income Advantage Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index. It was formerly known as Pioneer Municipal Advantage Trust. Pioneer Municipal High Income Advantage Trust was formed on August 6, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pioneer Municipal High Income Advantage Trust has a trailing twelve months EPS of $0.16.
PE Ratio
Pioneer Municipal High Income Advantage Trust has a trailing twelve months price to earnings ratio of 51.81. Meaning, the purchaser of the share is investing $51.81 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 1.22%.
2. BlackRock California Municipal Income Trust (BFZ)
168% Payout Ratio
BlackRock California Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds that are exempt from regular federal and California income taxes. BlackRock California Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock California Municipal Income Trust has a trailing twelve months EPS of $0.3.
PE Ratio
BlackRock California Municipal Income Trust has a trailing twelve months price to earnings ratio of 39.63. Meaning, the purchaser of the share is investing $39.63 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 1.96%.
Volume
Today’s last reported volume for BlackRock California Municipal Income Trust is 60099 which is 7.67% below its average volume of 65098.
3. Southside Bancshares (SBSI)
52.22% Payout Ratio
Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.
Earnings Per Share
As for profitability, Southside Bancshares has a trailing twelve months EPS of $2.7.
PE Ratio
Southside Bancshares has a trailing twelve months price to earnings ratio of 10.51. Meaning, the purchaser of the share is investing $10.51 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 10.68%.
4. Microchip Technology (MCHP)
48.33% Payout Ratio
Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. The company was incorporated in 1989 and is headquartered in Chandler, Arizona.
Earnings Per Share
As for profitability, Microchip Technology has a trailing twelve months EPS of $4.28.
PE Ratio
Microchip Technology has a trailing twelve months price to earnings ratio of 20.01. Meaning, the purchaser of the share is investing $20.01 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 28.96%.
Moving Average
Microchip Technology’s worth is under its 50-day moving average of $93.27 and under its 200-day moving average of $86.49.
Volume
Today’s last reported volume for Microchip Technology is 5386850 which is 4.68% below its average volume of 5651560.
Previous days news about Microchip Technology (MCHP)
- According to Zacks on Wednesday, 17 July, "However, intense competition from large corporations, such as Advanced Micro Device, Intel and Microchip Technology might undermine its prospects. "
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 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).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
