(VIANEWS) – Calamos Global Total Return Fund (CGO), Eaton Vance Tax (EXG), First Interstate BancSystem (FIBK) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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. Calamos Global Total Return Fund (CGO)
195.92% Payout Ratio
Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, convertible bonds, and high yield corporate bonds. It employs both fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against MSCI World Index. Calamos Global Total Return Fund was formed on March 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Calamos Global Total Return Fund has a trailing twelve months EPS of $0.49.
PE Ratio
Calamos Global Total Return Fund has a trailing twelve months price to earnings ratio of 22.45. Meaning, the purchaser of the share is investing $22.45 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 5.23%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.4%, now sitting on 2.1M for the twelve trailing months.
Yearly Top and Bottom Value
Calamos Global Total Return Fund’s stock is valued at $11.00 at 14:23 EST, below its 52-week high of $11.10 and way higher than its 52-week low of $7.90.
Volume
Today’s last reported volume for Calamos Global Total Return Fund is 51831 which is 64.63% above its average volume of 31482.
2. Eaton Vance Tax (EXG)
163.42% Payout Ratio
Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies. The fund also invests through derivatives. It also writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Managed Global Diversified Equity Income Fund was formed on February 27, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.85.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 9.88. Meaning, the purchaser of the share is investing $9.88 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 20, 2023, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 9.13%.
Volume
Today’s last reported volume for Eaton Vance Tax is 447876 which is 5.82% below its average volume of 475555.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $8.40 at 14:23 EST, below its 52-week high of $8.44 and way above its 52-week low of $6.78.
Moving Average
Eaton Vance Tax’s worth is above its 50-day moving average of $8.17 and above its 200-day moving average of $7.79.
3. First Interstate BancSystem (FIBK)
74.9% Payout Ratio
First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.
PE Ratio
First Interstate BancSystem has a trailing twelve months price to earnings ratio of 10.34. Meaning, the purchaser of the share is investing $10.34 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 8.15%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 3, 2024, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 7.24%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.3%, now sitting on 990.4M for the twelve trailing months.
4. Primo Water Corporation (PRMW)
66% 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 $0.5.
PE Ratio
Primo Water Corporation has a trailing twelve months price to earnings ratio of 44.3. Meaning, the purchaser of the share is investing $44.3 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 5.87%.
Moving Average
Primo Water Corporation’s worth is above its 50-day moving average of $20.83 and way higher than its 200-day moving average of $16.53.
Volume
Today’s last reported volume for Primo Water Corporation is 1503990 which is 13.07% above its average volume of 1330140.
5. Scotts Miracle (SMG)
36.26% Payout Ratio
The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Shake ‘N Feed, Hyponex, Earthgro, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, General Hydroponics, Cyco, Gavita, Agrolux, HydroLogic Purification System, Gro Pro, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.
Earnings Per Share
As for profitability, Scotts Miracle has a trailing twelve months EPS of $-6.25.
Moving Average
Scotts Miracle’s value is below its 50-day moving average of $68.25 and above its 200-day moving average of $60.45.
Sales Growth
Scotts Miracle’s sales growth for the next quarter is 15.1%.
Yearly Top and Bottom Value
Scotts Miracle’s stock is valued at $64.41 at 14:23 EST, way below its 52-week high of $77.95 and way above its 52-week low of $43.67.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 62.4% and 43.3%, respectively.
6. Maximus (MMS)
30.45% Payout Ratio
Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; system implementation project management services; and specialized consulting services. The U.S. Federal Services segment offers BPS, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, including application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, and infrastructure and engineering solutions. The Outside the U.S. segment offers BPS solutions for international governments and commercial clients, including health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker-related services. The company was incorporated in 1975 and is based in Tysons, Virginia.
Earnings Per Share
As for profitability, Maximus has a trailing twelve months EPS of $3.81.
PE Ratio
Maximus has a trailing twelve months price to earnings ratio of 22.66. Meaning, the purchaser of the share is investing $22.66 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 13.84%.
Volume
Today’s last reported volume for Maximus is 256064 which is 14.27% below its average volume of 298687.
Sales Growth
Maximus’s sales growth for the next quarter is 1.4%.
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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
