(VIANEWS) – Orchid Island Capital (ORC), City Office REIT (CIO), Putnam Municipal Opportunities Trust (PMO) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio at the moment. 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 researching 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. Orchid Island Capital (ORC)
1300% Payout Ratio
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its stockholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.
Earnings Per Share
As for profitability, Orchid Island Capital has a trailing twelve months EPS of $-0.89.
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 -8.63%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 16.67%.
2. City Office REIT (CIO)
363.64% Payout Ratio
City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (“NRA”).
Earnings Per Share
As for profitability, City Office REIT has a trailing twelve months EPS of $-0.25.
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 -0.26%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.7%, now sitting on 179.1M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 9, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 9.52%.
3. Putnam Municipal Opportunities Trust (PMO)
121.55% Payout Ratio
Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors. Putnam Municipal Opportunities Trust was formed in 1993 and is domiciled in United States.
Earnings Per Share
As for profitability, Putnam Municipal Opportunities Trust has a trailing twelve months EPS of $0.42.
PE Ratio
Putnam Municipal Opportunities Trust has a trailing twelve months price to earnings ratio of 24.4. Meaning, the purchaser of the share is investing $24.4 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 2.04%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 0.42 and the estimated forward annual dividend yield is 4.1%.
Volume
Today’s last reported volume for Putnam Municipal Opportunities Trust is 75313 which is 24.96% below its average volume of 100370.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.5%, now sitting on 21.36M for the twelve trailing months.
4. Vaalco Energy (EGY)
70.97% Payout Ratio
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.31.
PE Ratio
Vaalco Energy has a trailing twelve months price to earnings ratio of 17.87. Meaning, the purchaser of the share is investing $17.87 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 12.78%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Vaalco Energy’s EBITDA is 7.74.
Sales Growth
Vaalco Energy’s sales growth for the current quarter is 30.1%.
Moving Average
Vaalco Energy’s value is way above its 50-day moving average of $4.37 and way above its 200-day moving average of $4.33.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 7, 2024, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 4.51%.
5. Apollo Senior Floating Rate Fund (AFT)
63.68% Payout Ratio
Apollo Senior Floating Rate Fund Inc. is a closed ended fixed income mutual fund launched and managed by Apollo Credit Management, LLC. The Fund invests in fixed income markets. It primarily invests in senior secured loans made to companies whose debt is rated below investment grade. The Fund employs a conservative approach to credit selection that focuses on collateral coverage, structural seniority, and credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams. It benchmarks the performance of its portfolios against the S&P/LSTA Leveraged Loan Index. Apollo Senior Floating Rate Fund Inc. was formed on February 23, 2011 and is domiciled in United States.
Earnings Per Share
As for profitability, Apollo Senior Floating Rate Fund has a trailing twelve months EPS of $2.31.
PE Ratio
Apollo Senior Floating Rate Fund has a trailing twelve months price to earnings ratio of 6.3. Meaning, the purchaser of the share is investing $6.3 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 15.8%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 30.8%, now sitting on 38.67M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 20, 2024, the estimated forward annual dividend rate is 1.64 and the estimated forward annual dividend yield is 11.3%.
Volume
Today’s last reported volume for Apollo Senior Floating Rate Fund is 61109 which is 39.5% below its average volume of 101009.
6. Landmark Bancorp (LARK)
35.87% Payout Ratio
Landmark Bancorp, Inc. operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services. In addition, the company invests in certain investment and mortgage-related securities. It operates in the eastern, central, southeast, and southwest Kansas. The company was founded in 1885 and is headquartered in Manhattan, Kansas.
Earnings Per Share
As for profitability, Landmark Bancorp has a trailing twelve months EPS of $2.23.
PE Ratio
Landmark Bancorp has a trailing twelve months price to earnings ratio of 8.98. Meaning, the purchaser of the share is investing $8.98 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 10.27%.
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%.
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).
