(VIANEWS) – NextEra Energy Partners, LP (NEP), Retail Opportunity Investments Corp. (ROIC), Calamos Global Total Return Fund (CGO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a promise 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 investigating 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. NextEra Energy Partners, LP (NEP)
260.91% Payout Ratio
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.
Earnings Per Share
As for profitability, NextEra Energy Partners, LP has a trailing twelve months EPS of $1.32.
PE Ratio
NextEra Energy Partners, LP has a trailing twelve months price to earnings ratio of 21.17. Meaning, the purchaser of the share is investing $21.17 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 negative -0.1%.
Volume
Today’s last reported volume for NextEra Energy Partners, LP is 2054960 which is 37.86% above its average volume of 1490570.
Yearly Top and Bottom Value
NextEra Energy Partners, LP’s stock is valued at $27.95 at 08:23 EST, way under its 52-week high of $62.58 and way higher than its 52-week low of $20.17.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 6, 2024, the estimated forward annual dividend rate is 3.49 and the estimated forward annual dividend yield is 12.5%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 1.09B for the twelve trailing months.
2. Retail Opportunity Investments Corp. (ROIC)
200% Payout Ratio
Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely populated, metropolitan markets across the West Coast. As of September 30, 2020, ROIC owned 88 shopping centers encompassing approximately 10.1 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services, S&P Global Ratings, and Fitch Ratings, Inc.
Earnings Per Share
As for profitability, Retail Opportunity Investments Corp. has a trailing twelve months EPS of $0.3.
PE Ratio
Retail Opportunity Investments Corp. has a trailing twelve months price to earnings ratio of 40.8. Meaning, the purchaser of the share is investing $40.8 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 2.91%.
3. 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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 8.73%.
Volume
Today’s last reported volume for Calamos Global Total Return Fund is 51831 which is 64.63% above its average volume of 31482.
4. Horace Mann Educators Corporation (HMN)
84.71% Payout Ratio
Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates in three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits. The company underwrites and markets personal lines of property and casualty insurance, including personal lines auto and property insurance products; supplemental insurance products, which include cancer, heart, hospital, supplemental disability, and accident coverages; retirement products, such as tax-qualified fixed and variable annuities; and life insurance products comprising whole life and term, as well as indexed universal life insurance products. It also offers student loan solutions, including online student loan management accounts for educators. The company markets its products through its sales force of full-time exclusive agents to K-12 teachers, administrators, and other employees of public schools and their families. Horace Mann Educators Corporation was founded in 1945 and is headquartered in Springfield, Illinois.
Earnings Per Share
As for profitability, Horace Mann Educators Corporation has a trailing twelve months EPS of $1.57.
PE Ratio
Horace Mann Educators Corporation has a trailing twelve months price to earnings ratio of 20.88. Meaning, the purchaser of the share is investing $20.88 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%.
Moving Average
Horace Mann Educators Corporation’s worth is below its 50-day moving average of $35.24 and under its 200-day moving average of $33.66.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 1.52B for the twelve trailing months.
Yearly Top and Bottom Value
Horace Mann Educators Corporation’s stock is valued at $32.78 at 08:23 EST, way below its 52-week high of $39.25 and way higher than its 52-week low of $27.81.
Sales Growth
Horace Mann Educators Corporation’s sales growth for the next quarter is 9.2%.
5. PIMCO California Municipal Income Fund (PCQ)
57.6% Payout Ratio
PIMCO California Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal bonds. PIMCO California Municipal Income Fund was formed on June 29, 2001 and is domiciled in New York.
Earnings Per Share
As for profitability, PIMCO California Municipal Income Fund has a trailing twelve months EPS of $0.75.
PE Ratio
PIMCO California Municipal Income Fund has a trailing twelve months price to earnings ratio of 12.49. Meaning, the purchaser of the share is investing $12.49 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 6.77%.
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%.
