(VIANEWS) – Retail Opportunity Investments Corp. (ROIC), Invesco High Income Trust II (VLT), MIND C.T.I. Ltd. (MNDO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 distribute 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. Retail Opportunity Investments Corp. (ROIC)
222.22% 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 $0.27.
PE Ratio
Retail Opportunity Investments Corp. has a trailing twelve months price to earnings ratio of 45.67. Meaning, the purchaser of the share is investing $45.67 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 2.67%.
Volume
Today’s last reported volume for Retail Opportunity Investments Corp. is 829173 which is 32.02% below its average volume of 1219850.
2. Invesco High Income Trust II (VLT)
180.75% Payout Ratio
Invesco High Income Trust II is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in the fixed income markets. The fund seeks to invest in securities rated between BB and C by Standard and Poor's. It seeks to maintain an average duration of around three to four years for its portfolio. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield 2% Issuer Cap Inde. It was formerly known as Invesco Van Kampen High Income Trust II. Invesco High Income Trust II was formed on April 28, 1989 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco High Income Trust II has a trailing twelve months EPS of $0.64.
PE Ratio
Invesco High Income Trust II has a trailing twelve months price to earnings ratio of 16.58. Meaning, the purchaser of the share is investing $16.58 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 5.49%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.5%, now sitting on 7.27M for the twelve trailing months.
3. MIND C.T.I. Ltd. (MNDO)
96% Payout Ratio
MIND C.T.I. Ltd., together with its subsidiaries, designs, develops, markets, supports, implements, and operates real-time and off-line convergent billing and customer care software solutions in the Americas, Europe, Israel, the Asia Pacific, and Africa. The company offers billing and customer care solutions that support various services, such as voice, data, and content services, as well as prepaid, postpaid, and pay-in-advance payment models in a single platform. Its solutions also include a workflow engine to support the implementation of business processes, including subscriber registration, order management, trouble ticket, and debt collection; and an integral point of sale solution that covers all dealer, store and cashier management, and sales processes. In addition, the company offers professional services comprising installation, turnkey project implementation services, customer support, training and maintenance services, software and process customization, and project management, as well as managed services, including day to day billing operational tasks to its billing and customer care customers. Further, it provides PhonEX ONE, a call management system that collects, records, and stores call information, which is used by corporations for telecom expense management, call accounting, traffic analysis, and fraud detection. Additionally, the company offers its products directly, as well as through distributors and resellers primarily to communication service providers, such as traditional wireline and wireless, voice over IP, broadband IP network operators, wireless internet service providers, LTE operators, cable operators, and mobile virtual network operators. MIND C.T.I. Ltd. was incorporated in 1995 and is headquartered in Yokne'am Illit, Israel.
Earnings Per Share
As for profitability, MIND C.T.I. Ltd. has a trailing twelve months EPS of $0.25.
PE Ratio
MIND C.T.I. Ltd. has a trailing twelve months price to earnings ratio of 7.6. Meaning, the purchaser of the share is investing $7.6 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 21.4%.
Volume
Today’s last reported volume for MIND C.T.I. Ltd. is 76886 which is 105.21% above its average volume of 37467.
4. OGE Energy Corporation (OGE)
80.42% Payout Ratio
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, OGE Energy Corporation has a trailing twelve months EPS of $2.07.
PE Ratio
OGE Energy Corporation has a trailing twelve months price to earnings ratio of 16.44. Meaning, the purchaser of the share is investing $16.44 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 9.34%.
5. Simmons First National Corporation (SFNC)
57.97% Payout Ratio
Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. It offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; insurance products; and securities and investment services. The company also provides ATM services; Internet and mobile banking platforms; overdraft facilities; and safe deposit boxes. As of January 27, 2022, the company operated through 199 financial centers in Arkansas, Missouri, Tennessee, Texas, Oklahoma, and Kansas. Simmons First National Corporation was founded in 1903 and is headquartered in Pine Bluff, Arkansas.
Earnings Per Share
As for profitability, Simmons First National Corporation has a trailing twelve months EPS of $1.38.
PE Ratio
Simmons First National Corporation has a trailing twelve months price to earnings ratio of 13.36. Meaning, the purchaser of the share is investing $13.36 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%.
Moving Average
Simmons First National Corporation’s worth is below its 50-day moving average of $18.90 and above its 200-day moving average of $17.87.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 4.5%.
Sales Growth
Simmons First National Corporation’s sales growth is negative 12.8% for the current quarter and negative 1.4% for the next.
6. Royal Bank Of Canada (RY)
50.14% Payout Ratio
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital platforms; and independent brokers and partners. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Royal Bank Of Canada has a trailing twelve months EPS of $7.97.
PE Ratio
Royal Bank Of Canada has a trailing twelve months price to earnings ratio of 12.5. Meaning, the purchaser of the share is investing $12.5 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 13.66%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 7.5% and positive 6.5% for the next.
Moving Average
Royal Bank Of Canada’s worth is higher than its 50-day moving average of $98.69 and higher than its 200-day moving average of $92.61.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 24, 2024, the estimated forward annual dividend rate is 4.08 and the estimated forward annual dividend yield is 4.19%.
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%.
