(VIANEWS) – Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund (AWP), Pimco Corporate & Income Strategy Fund (PCN), MFS Municipal Income Trust (MFM) 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 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. Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund (AWP)
2400% Payout Ratio
Alpine Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies. The fund employs fundamental analysis with top-down and bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the FTSE EPRA/NAREIT Global TR Index, MSCI US REIT Gross Total Return Index, and S&P Developed BMI Property Index Net TR Index. Alpine Global Premier Properties Fund was formed on February 13, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund has a trailing twelve months EPS of $-0.18.
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 -4.67%.
Moving Average
Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund’s worth is above its 50-day moving average of $3.77 and higher than its 200-day moving average of $3.71.
Volume
Today’s last reported volume for Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund is 321332 which is 27.92% above its average volume of 251185.
Yearly Top and Bottom Value
Alpine Global Premier Properties Fund Alpine Global Premier Properties Fund’s stock is valued at $3.78 at 14:23 EST, under its 52-week high of $4.14 and way above its 52-week low of $3.06.
2. Pimco Corporate & Income Strategy Fund (PCN)
151.69% Payout Ratio
PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in fixed income securities such as treasury bonds, corporate notes, U.S. government agency securities, mortgage backed and asset-backed securities. The fund employs fundamental analysis with a top-down security selection process to create its portfolio. The fund was formerly known as PIMCO Corporate Income Fund. PIMCO Corporate & Income Strategy Fund was formed on October 17, 2001 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco Corporate & Income Strategy Fund has a trailing twelve months EPS of $1.48.
PE Ratio
Pimco Corporate & Income Strategy Fund has a trailing twelve months price to earnings ratio of 8.87. Meaning, the purchaser of the share is investing $8.87 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 7.59%.
Volume
Today’s last reported volume for Pimco Corporate & Income Strategy Fund is 32559 which is 87.27% below its average volume of 255769.
Moving Average
Pimco Corporate & Income Strategy Fund’s value is higher than its 50-day moving average of $13.02 and above its 200-day moving average of $12.84.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 8, 2024, the estimated forward annual dividend rate is 1.35 and the estimated forward annual dividend yield is 10.01%.
Yearly Top and Bottom Value
Pimco Corporate & Income Strategy Fund’s stock is valued at $13.13 at 14:23 EST, under its 52-week high of $14.48 and way higher than its 52-week low of $10.70.
3. MFS Municipal Income Trust (MFM)
130.59% Payout Ratio
MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.
Earnings Per Share
As for profitability, MFS Municipal Income Trust has a trailing twelve months EPS of $0.17.
PE Ratio
MFS Municipal Income Trust has a trailing twelve months price to earnings ratio of 31.71. Meaning, the purchaser of the share is investing $31.71 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 2.86%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 16, 2024, the estimated forward annual dividend rate is 0.23 and the estimated forward annual dividend yield is 4.25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.3%, now sitting on 17.11M for the twelve trailing months.
Yearly Top and Bottom Value
MFS Municipal Income Trust’s stock is valued at $5.39 at 14:23 EST, below its 52-week high of $5.48 and way above its 52-week low of $4.37.
Moving Average
MFS Municipal Income Trust’s value is higher than its 50-day moving average of $5.24 and higher than its 200-day moving average of $5.08.
4. Shenandoah Telecommunications Co (SHEN)
128.57% Payout Ratio
Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. Its Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. This segment leases fiber and provides Ethernet and wavelength fiber optic services. In addition, the company offers voice and digital subscriber line telephone services. The company's Tower segment owns 220 cell towers and leases colocation space on the towers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.
Earnings Per Share
As for profitability, Shenandoah Telecommunications Co has a trailing twelve months EPS of $0.07.
PE Ratio
Shenandoah Telecommunications Co has a trailing twelve months price to earnings ratio of 227.57. Meaning, the purchaser of the share is investing $227.57 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 0.42%.
Volume
Today’s last reported volume for Shenandoah Telecommunications Co is 816209 which is 298.13% above its average volume of 205006.
Sales Growth
Shenandoah Telecommunications Co’s sales growth is 20.7% for the present quarter and 21.8% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 6, 2023, the estimated forward annual dividend rate is 0.09 and the estimated forward annual dividend yield is 0.56%.
Yearly Top and Bottom Value
Shenandoah Telecommunications Co’s stock is valued at $15.93 at 14:23 EST, way below its 52-week high of $25.51 and way above its 52-week low of $11.87.
5. Ship Finance International Limited (SFL)
102.06% Payout Ratio
SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2023, the company owned seven crude oil carriers, six oil product tankers, 15 dry bulk carriers, 32 container vessels, one jack-up drilling rig, one ultra-deepwater drilling rig, and five car carriers. It primarily operates in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was founded in 2003 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Ship Finance International Limited has a trailing twelve months EPS of $0.97.
PE Ratio
Ship Finance International Limited has a trailing twelve months price to earnings ratio of 13.57. Meaning, the purchaser of the share is investing $13.57 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 11.6%.
6. Equity Lifestyle Properties (ELS)
98.91% Payout Ratio
We are a self-administered, self-managed real estate investment trust (“REIT”) with headquarters in Chicago. As of January 25, 2021, we own or have an interest in 423 quality properties in 33 states and British Columbia consisting of 161,229 sites.
Earnings Per Share
As for profitability, Equity Lifestyle Properties has a trailing twelve months EPS of $1.82.
PE Ratio
Equity Lifestyle Properties has a trailing twelve months price to earnings ratio of 35.15. Meaning, the purchaser of the share is investing $35.15 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 23.64%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 1.91 and the estimated forward annual dividend yield is 2.96%.
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%.
