PNM Resources And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – PNM Resources (PNM), Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund (EDD), Spok Holdings (SPOK) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio up to 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. PNM Resources (PNM)

144.12% Payout Ratio

PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communication, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is headquartered in Albuquerque, New Mexico.

Earnings Per Share

As for profitability, PNM Resources has a trailing twelve months EPS of $1.02.

PE Ratio

PNM Resources has a trailing twelve months price to earnings ratio of 36.68. Meaning, the purchaser of the share is investing $36.68 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 4.67%.

Moving Average

PNM Resources’s worth is under its 50-day moving average of $39.29 and way under its 200-day moving average of $43.39.

Sales Growth

PNM Resources’s sales growth is 1.9% for the present quarter and 11.4% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 1, 2024, the estimated forward annual dividend rate is 1.55 and the estimated forward annual dividend yield is 4.14%.

2. Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund (EDD)

82.86% Payout Ratio

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund invests in fixed income markets of emerging market countries across the globe. It typically invests in government bonds denominated in the local currencies of emerging markets. The fund benchmarks the performance of its portfolio against the JPMorgan Government Bond Index – Emerging Markets Global Diversified Index. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. was formed on January 25, 2007 and is domiciled in United States.

Earnings Per Share

As for profitability, Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund has a trailing twelve months EPS of $0.35.

PE Ratio

Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund has a trailing twelve months price to earnings ratio of 13.57. Meaning, the purchaser of the share is investing $13.57 for every dollar of annual earnings.

Volume

Today’s last reported volume for Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund is 301474 which is 26.21% above its average volume of 238860.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 8.45%.

Moving Average

Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund’s worth is higher than its 50-day moving average of $4.69 and higher than its 200-day moving average of $4.65.

Yearly Top and Bottom Value

Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund’s stock is valued at $4.75 at 01:23 EST, below its 52-week high of $4.95 and way higher than its 52-week low of $4.22.

3. Spok Holdings (SPOK)

68.68% Payout Ratio

Spok Holdings, Inc., through its subsidiary, Spok, Inc., provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. It offers Spok Healthcare Console that helps operators perform directory searches and code calls, as well as messaging and paging; Spok Web-Based Directory that enables staff to send messages from the directory; Spok Web-Based On-Call Scheduling, which keeps personnel, calendars, and on-call scheduling information updated; Spok Speech to process routine phone requests, including transfers, directory assistance, messaging, and paging; and Spok Call Recording and Quality Management, which records, monitors, and scores operators' conversations. The company also provides Spok Mobile for secure code alerts, patient updates, results, consult requests, and other services; Spok Device Preference Engine, which facilitates voice conversations among doctors and caregivers; Spok pc/psap that integrates the phone system, mapping systems, and other resources to speed emergency dispatch; and Spok Enterprise Alert, which directs emergency personnel to caller's location. In addition, it sells devices to resellers who lease or resell them to their subscribers; and ancillary services, such as voicemail and equipment loss or maintenance protection, as well as provides a suite of professional services, and software license updates and product support services. The company serves businesses, professionals, management personnel, medical personnel, field sales personnel and service forces, members of the construction industry and construction trades, real estate brokers and developers, sales and services organizations, specialty trade organizations, manufacturing organizations, and government agencies. The company was formerly known as USA Mobility, Inc. and changed its name to Spok Holdings, Inc. in July 2014. Spok Holdings, Inc. was incorporated in 2004 and is headquartered in Springfield, Virginia.

Earnings Per Share

As for profitability, Spok Holdings has a trailing twelve months EPS of $1.82.

PE Ratio

Spok Holdings has a trailing twelve months price to earnings ratio of 8.75. Meaning, the purchaser of the share is investing $8.75 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 22.92%.

4. AllianceBernstein National Municipalome Fund (AFB)

66.58% Payout Ratio

Earnings Per Share

As for profitability, AllianceBernstein National Municipalome Fund has a trailing twelve months EPS of $-0.05.

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 -0.38%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 24.69M for the twelve trailing months.

Moving Average

AllianceBernstein National Municipalome Fund’s worth is above its 50-day moving average of $10.74 and above its 200-day moving average of $10.33.

5. Exelon (EXC)

65.93% Payout Ratio

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers. It also offers support services, including legal, human resources, information technology, supply management, financial, engineering, customer operations, distribution and transmission planning, asset management, system operations, and power procurement services. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. Exelon Corporation was incorporated in 1999 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Exelon has a trailing twelve months EPS of $2.34.

PE Ratio

Exelon has a trailing twelve months price to earnings ratio of 15.46. Meaning, the purchaser of the share is investing $15.46 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 8.56%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Exelon’s EBITDA is 38.12.

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%.

Dividend Yield

According to 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%.

Sales Growth

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

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Leave a Reply

Your email address will not be published. Required fields are marked *