(VIANEWS) – CIM Commercial Trust Corporation (CMCT), Hanover Insurance Group (THG), Arbor Realty Trust (ABR) 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 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. CIM Commercial Trust Corporation (CMCT)
157.89% Payout Ratio
Creative Media & Community Trust Corporation is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). Its properties are primarily located in Los Angeles and the San Francisco Bay Area. Creative Media & Community Trust Corporation is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities.
Earnings Per Share
As for profitability, CIM Commercial Trust Corporation has a trailing twelve months EPS of $-3.01.
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 -10.73%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 28, 2023, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 9.16%.
Sales Growth
CIM Commercial Trust Corporation’s sales growth is 16.7% for the present quarter and 12% for the next.
2. Hanover Insurance Group (THG)
94.74% Payout Ratio
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty P&C, such as program business, specialty industrial and commercial property, excess and surplus lines, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Earnings Per Share
As for profitability, Hanover Insurance Group has a trailing twelve months EPS of $-2.41.
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 -3.88%.
Moving Average
Hanover Insurance Group’s worth is above its 50-day moving average of $120.15 and higher than its 200-day moving average of $116.54.
3. Arbor Realty Trust (ABR)
93.22% Payout Ratio
Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets. The company operates in two segments, Structured Business and Agency Business. It primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities. The company offers bridge financing products to borrowers who seek short-term capital to be used in an acquisition of property; financing by making preferred equity investments in entities that directly or indirectly own real property; mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower's equity in a transaction; and junior participation financing in the form of a junior participating interest in the senior debt. In addition, it underwrites, originates, sells, and services multifamily mortgage loans through conduit/commercial mortgage-backed securities programs. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2003 and is headquartered in Uniondale, New York.
Earnings Per Share
As for profitability, Arbor Realty Trust has a trailing twelve months EPS of $1.77.
PE Ratio
Arbor Realty Trust has a trailing twelve months price to earnings ratio of 8.68. Meaning, the purchaser of the share is investing $8.68 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 12.83%.
4. NextEra Energy (NEE)
48.22% Payout Ratio
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2022, the company had approximately 32,100 megawatts of net generating capacity; approximately 88,000 circuit miles of transmission and distribution lines; and 871 substations. It serves approximately 12 million people through approximately 5.8 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
Earnings Per Share
As for profitability, NextEra Energy has a trailing twelve months EPS of $3.79.
PE Ratio
NextEra Energy has a trailing twelve months price to earnings ratio of 15.94. Meaning, the purchaser of the share is investing $15.94 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 12.84%.
Volume
Today’s last reported volume for NextEra Energy is 2101140 which is 86.22% below its average volume of 15250300.
Previous days news about NextEra Energy (NEE)
- According to Zacks on Thursday, 28 December, "Some of the prominent names are Cardinal Health (CAH Quick QuoteCAH – Free Report) , Atmos Energy (ATO Quick QuoteATO – Free Report) and NextEra Energy (NEE Quick QuoteNEE – Free Report) . "
- Nextera energy partners (nep) closes sale of Texas natural gas. According to Zacks on Friday, 29 December, "In the past three months, shares of NextEra Energy Partners have risen 24.1% compared with the industry’s 12.9% growth.", "The sale’s completion represents a milestone in NextEra Energy Partners’ transitional strategy. "
- According to Zacks on Friday, 29 December, "In addition, Zacks Equity Research provides analysis on Cardinal Health (CAH Quick QuoteCAH – Free Report) , Atmos Energy (ATO Quick QuoteATO – Free Report) and NextEra Energy (NEE Quick QuoteNEE – Free Report) ."
5. Skyworks Solutions (SWKS)
41.44% Payout Ratio
Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators. The company products are the used in aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, military, smartphone, tablet, and wearable markets. It sells its products through direct sales force, electronic component distributors, and independent sales representatives. Skyworks Solutions, Inc. was founded in 1962 and is based in Irvine, California.
Earnings Per Share
As for profitability, Skyworks Solutions has a trailing twelve months EPS of $6.13.
PE Ratio
Skyworks Solutions has a trailing twelve months price to earnings ratio of 18.35. Meaning, the purchaser of the share is investing $18.35 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 17.02%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 13.4%, now sitting on 4.77B for the twelve trailing months.
Yearly Top and Bottom Value
Skyworks Solutions’s stock is valued at $112.51 at 13:23 EST, under its 52-week high of $123.69 and way higher than its 52-week low of $85.06.
6. Gabelli Global Small and Mid Cap Value Trust (GGZ)
36.16% Payout Ratio
The Gabelli Global Small and Mid Cap Value Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in value stocks of small and mid-cap companies with a market capitalization of $12 billion or less. The fund benchmarks the performance of its portfolio against the MSCI World SMID Cap Index. The Gabelli Global Small and Mid Cap Value Trust was formed on August 19, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Gabelli Global Small and Mid Cap Value Trust has a trailing twelve months EPS of $1.75.
PE Ratio
Gabelli Global Small and Mid Cap Value Trust has a trailing twelve months price to earnings ratio of 6.55. Meaning, the purchaser of the share is investing $6.55 for every dollar of annual earnings.
Volume
Today’s last reported volume for Gabelli Global Small and Mid Cap Value Trust is 2967 which is 80.06% below its average volume of 14885.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 6.48%.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
