(VIANEWS) – Pioneer Municipal High Income Advantage Trust (MAV), Piedmont Office Realty Trust (PDM), KT Corporation (KT) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% 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 55.69. Meaning, the purchaser of the share is investing $55.69 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%.
Moving Average
Pioneer Municipal High Income Advantage Trust’s worth is higher than its 50-day moving average of $8.58 and higher than its 200-day moving average of $8.15.
Yearly Top and Bottom Value
Pioneer Municipal High Income Advantage Trust’s stock is valued at $8.91 at 02:23 EST, below its 52-week high of $8.98 and way higher than its 52-week low of $6.37.
Volume
Today’s last reported volume for Pioneer Municipal High Income Advantage Trust is 29904 which is 45.62% below its average volume of 54991.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 20, 2024, the estimated forward annual dividend rate is 0.39 and the estimated forward annual dividend yield is 4.4%.
2. Piedmont Office Realty Trust (PDM)
167.78% Payout Ratio
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). Piedmont is a 2023 ENERGY STAR Partner of the Year.
Earnings Per Share
As for profitability, Piedmont Office Realty Trust has a trailing twelve months EPS of $-0.66.
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 -4.78%.
Moving Average
Piedmont Office Realty Trust’s worth is way higher than its 50-day moving average of $8.77 and way higher than its 200-day moving average of $7.32.
Volume
Today’s last reported volume for Piedmont Office Realty Trust is 739172 which is 17.35% below its average volume of 894409.
Sales Growth
Piedmont Office Realty Trust’s sales growth for the current quarter is negative 2.9%.
3. KT Corporation (KT)
64.7% Payout Ratio
KT Corporation provides telecommunications services worldwide. The company offers local, domestic long-distance, and international long-distance fixed-line and voice over Internet protocol services, as well as interconnection services; broadband Internet access and other Internet-related services; and data communication services, such as leased line and broadband Internet connection services. It also provides media and content services, including IPTV, satellite TV, TV home shopping, digital content distribution, information and communication technology platform consulting, digital music streaming, and downloading and online advertising; and credit card processing and other financial services. In addition, the company offers information technology and network, and satellite services; sells handsets and telecommunications equipment; develops and sells residential units and commercial real estate; and rents real estate properties. Further, it maintains public telephones; security, B2C and B2B, investment fund, software development and data processing, value added network, system integration and maintenance, mobile marketing, PCS distribution, satellite broadcasting, cloud system implementation, network installation and management, and data center development and related services. Additionally, the company is involved in the Internet banking ASP and security solutions, sports group management, music contents investment, technology business finance, foreign investment, and electronic communication businesses. As of December 31, 2019, the company served approximately 21,922,000 mobile subscribers and 8.4 million IPTV subscribers. KT Corporation has a strategic agreement with Jasmine Telecom Systems Public Company Limited for the operation of the data center and cloud service business. The company was formerly known as Korea Telecom Corp. and changed its name to KT Corporation in March 2002. KT Corporation was founded in 1981 and is headquartered in Seongnam, South Korea.
Earnings Per Share
As for profitability, KT Corporation has a trailing twelve months EPS of $1.62.
PE Ratio
KT Corporation has a trailing twelve months price to earnings ratio of 9.62. Meaning, the purchaser of the share is investing $9.62 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 5.52%.
Volume
Today’s last reported volume for KT Corporation is 957592 which is 57.07% above its average volume of 609650.
Moving Average
KT Corporation’s worth is higher than its 50-day moving average of $14.19 and way higher than its 200-day moving average of $13.65.
Yearly Top and Bottom Value
KT Corporation’s stock is valued at $15.58 at 02:23 EST, below its 52-week high of $15.90 and way above its 52-week low of $11.83.
4. Mexico Fund (MXF)
36.84% Payout Ratio
The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc. was formed in June 01, 1981 and is domiciled in Maryland, United States.
Earnings Per Share
As for profitability, Mexico Fund has a trailing twelve months EPS of $2.28.
PE Ratio
Mexico Fund has a trailing twelve months price to earnings ratio of 6.65. Meaning, the purchaser of the share is investing $6.65 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 22.22%.
Volume
Today’s last reported volume for Mexico Fund is 47534 which is 0.72% below its average volume of 47883.
Revenue Growth
Year-on-year quarterly revenue growth declined by 19.1%, now sitting on 11.61M for the twelve trailing months.
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%.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
