(VIANEWS) – Rayonier REIT (RYN), National Retail Properties (NNN), Eaton Vance Municipal Income Trust (EVN) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio up to now. 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. Rayonier REIT (RYN)
211.11% Payout Ratio
Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.73 million acres), U.S. Pacific Northwest (507,000 acres) and New Zealand (417,000 acres). The Company also acts as the managing member in a private equity timber fund business with three funds comprising approximately 141,000 acres. On a “look-through basis”, the Company's ownership in the timber fund business equates to approximately 17,000 acres.
Earnings Per Share
As for profitability, Rayonier REIT has a trailing twelve months EPS of $0.54.
PE Ratio
Rayonier REIT has a trailing twelve months price to earnings ratio of 46.35. Meaning, the purchaser of the share is investing $46.35 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 4.82%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 1.14 and the estimated forward annual dividend yield is 4.53%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.2%, now sitting on 828.63M for the twelve trailing months.
Sales Growth
Rayonier REIT’s sales growth is negative 7.7% for the current quarter and negative 8.6% for the next.
2. National Retail Properties (NNN)
107.84% Payout Ratio
NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of March 31, 2023, the company owned 3,449 properties in 49 states with a gross leasable area of approximately 35.3 million square feet and with a weighted average remaining lease term of 10.3 years. NNN is one of only three publicly traded REITs to have increased annual dividends for 33 or more consecutive years.
Earnings Per Share
As for profitability, National Retail Properties has a trailing twelve months EPS of $2.04.
PE Ratio
National Retail Properties has a trailing twelve months price to earnings ratio of 17.25. Meaning, the purchaser of the share is investing $17.25 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 9.12%.
Moving Average
National Retail Properties’s value is below its 50-day moving average of $36.91 and way under its 200-day moving average of $41.99.
3. Eaton Vance Municipal Income Trust (EVN)
85.18% Payout Ratio
Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home. Eaton Vance Municipal Income Trust was formed in 1998 and is domiciled in United States.
Earnings Per Share
As for profitability, Eaton Vance Municipal Income Trust has a trailing twelve months EPS of $-0.45.
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 -3.9%.
Volume
Today’s last reported volume for Eaton Vance Municipal Income Trust is 93950 which is 8.22% below its average volume of 102365.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 10, 2023, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 5.16%.
Moving Average
Eaton Vance Municipal Income Trust’s value is under its 50-day moving average of $9.15 and way under its 200-day moving average of $9.84.
Yearly Top and Bottom Value
Eaton Vance Municipal Income Trust’s stock is valued at $8.71 at 02:23 EST, way below its 52-week high of $10.84 and higher than its 52-week low of $8.64.
4. MEDIFAST (MED)
54.16% Payout Ratio
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through direct ecommerce platform and franchise weight control center channels. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.
Earnings Per Share
As for profitability, MEDIFAST has a trailing twelve months EPS of $12.15.
PE Ratio
MEDIFAST has a trailing twelve months price to earnings ratio of 5.73. Meaning, the purchaser of the share is investing $5.73 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 84.39%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 34.7%, now sitting on 1.37B for the twelve trailing months.
Yearly Top and Bottom Value
MEDIFAST’s stock is valued at $69.58 at 02:23 EST, way under its 52-week high of $131.42 and higher than its 52-week low of $69.01.
5. Inter Parfums (IPAR)
49.13% Payout Ratio
Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, Lanvin, Montblanc, Paul Smith, Repetto, Rochas, S.T. Dupont, Van Cleef & Arpels, Abercrombie & Fitch, Anna Sui, bebe, Dunhill, Hollister, French Connection, Graff, GUESS, Lily Aldridge, MCM, Bella Vita, and Oscar de la Renta brand names, as well as under the Intimate and Aziza names. It sells its products to department stores, specialty stores, duty free shops, beauty retailers, and domestic and international wholesalers, and distributors, as well as through e-commerce. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1982 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Inter Parfums has a trailing twelve months EPS of $4.58.
PE Ratio
Inter Parfums has a trailing twelve months price to earnings ratio of 27.17. Meaning, the purchaser of the share is investing $27.17 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 23.4%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Inter Parfums’s EBITDA is 69.47.
Volume
Today’s last reported volume for Inter Parfums is 78764 which is 29.56% below its average volume of 111820.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).