(VIANEWS) – Western Asset Global Highome Fund (EHI), Nuveen Massachusetts Premium Income Municipal Fund (NMT), Nuveen Floating Rate Income Fund (JFR) are the highest payout ratio stocks on this list.
We have gathered information concerning 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 investigating 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. Western Asset Global Highome Fund (EHI)
402% Payout Ratio
Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in undervalued bonds of companies operating across diversified sectors. It seeks to invest in a portfolio of below investment grade fixed income securities, emerging market fixed income securities and investment grade fixed income securities. The fund employs quantitative analysis to build its portfolio. It invests in fixed income securities with an average credit quality of BB as per S&P and an average duration of 3.8 years. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Index, the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index, and the JPMorgan Emerging Markets Bond Index Global. It was formerly known as Salomon Brothers Global High Income Fund Inc. Western Asset Global High Income Fund Inc was formed on July 28, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Global Highome Fund has a trailing twelve months EPS of $0.2.
PE Ratio
Western Asset Global Highome Fund has a trailing twelve months price to earnings ratio of 35.95. Meaning, the purchaser of the share is investing $35.95 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 2.72%.
2. Nuveen Massachusetts Premium Income Municipal Fund (NMT)
111.03% Payout Ratio
Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes. It seeks to invest in investment grade securities that are rated Baa/BBB or above by S&P, Moody's, or Fitch. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) Massachusetts Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen Massachusetts Premium Income Municipal Fund. Nuveen Massachusetts Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Massachusetts Premium Income Municipal Fund has a trailing twelve months EPS of $0.29.
PE Ratio
Nuveen Massachusetts Premium Income Municipal Fund has a trailing twelve months price to earnings ratio of 36.62. Meaning, the purchaser of the share is investing $36.62 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 2.46%.
3. Nuveen Floating Rate Income Fund (JFR)
80.93% Payout Ratio
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Floating Rate Income Fund has a trailing twelve months EPS of $-0.3.
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 -2.97%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 64.1%, now sitting on 57.62M for the twelve trailing months.
Volume
Today’s last reported volume for Nuveen Floating Rate Income Fund is 565107 which is 17.62% below its average volume of 686040.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 11.94%.
Yearly Top and Bottom Value
Nuveen Floating Rate Income Fund’s stock is valued at $8.54 at 13:23 EST, under its 52-week high of $8.74 and way above its 52-week low of $7.61.
4. Pan American Silver Corp. (PAAS)
45.35% Payout Ratio
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad mines. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp. in April 1995. Pan American Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
Earnings Per Share
As for profitability, Pan American Silver Corp. has a trailing twelve months EPS of $-0.99.
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 -6.21%.
5. Silicon Motion Technology Corporation (SIMO)
31.65% Payout Ratio
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.
Earnings Per Share
As for profitability, Silicon Motion Technology Corporation has a trailing twelve months EPS of $1.58.
PE Ratio
Silicon Motion Technology Corporation has a trailing twelve months price to earnings ratio of 43.33. Meaning, the purchaser of the share is investing $43.33 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 7.21%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Silicon Motion Technology Corporation’s EBITDA is 62.73.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 8, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 2.92%.
Sales Growth
Silicon Motion Technology Corporation’s sales growth is 43.2% for the present quarter and 33.3% for the next.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
