(VIANEWS) – Western Asset Global Highome Fund (EHI), STARWOOD PROPERTY TRUST (STWD), Southwest Gas Corporation (SWX) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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 34. Meaning, the purchaser of the share is investing $34 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%.
Moving Average
Western Asset Global Highome Fund’s worth is below its 50-day moving average of $7.05 and below its 200-day moving average of $6.98.
Volume
Today’s last reported volume for Western Asset Global Highome Fund is 114521 which is 145.3% above its average volume of 46685.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2%, now sitting on 22.22M for the twelve trailing months.
2. STARWOOD PROPERTY TRUST (STWD)
179.44% Payout Ratio
Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through four segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans. The Infrastructure lending segment originates, acquires, finances, and manages infrastructure debt investments. The Property segment engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties, such as multifamily properties and commercial properties subject to net leases, that are held for investment. The Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS comprising subordinated interests of securitization and re-securitization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust, Inc. was incorporated in 2009 and is headquartered in Greenwich, Connecticut.
Earnings Per Share
As for profitability, STARWOOD PROPERTY TRUST has a trailing twelve months EPS of $1.07.
PE Ratio
STARWOOD PROPERTY TRUST has a trailing twelve months price to earnings ratio of 18.03. Meaning, the purchaser of the share is investing $18.03 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 5.88%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 6% and a negative 2%, respectively.
Sales Growth
STARWOOD PROPERTY TRUST’s sales growth is 4.2% for the present quarter and 6.2% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4%, now sitting on 370.07M for the twelve trailing months.
Volume
Today’s last reported volume for STARWOOD PROPERTY TRUST is 188734 which is 91.53% below its average volume of 2230660.
3. Southwest Gas Corporation (SWX)
116.43% Payout Ratio
Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. It operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. The company also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2022, it had 2,197,000 residential, commercial, industrial, and other natural gas customers. The company was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Southwest Gas Corporation has a trailing twelve months EPS of $2.13.
PE Ratio
Southwest Gas Corporation has a trailing twelve months price to earnings ratio of 35.06. Meaning, the purchaser of the share is investing $35.06 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 4.69%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 16% and positive 4.3% for the next.
Sales Growth
Southwest Gas Corporation’s sales growth is 3.3% for the current quarter and negative 3.4% for the next.
Volume
Today’s last reported volume for Southwest Gas Corporation is 10230 which is 97.95% below its average volume of 500969.
4. Southwest Airlines (LUV)
112.5% Payout Ratio
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Southwest Airlines has a trailing twelve months EPS of $0.76.
PE Ratio
Southwest Airlines has a trailing twelve months price to earnings ratio of 36.24. Meaning, the purchaser of the share is investing $36.24 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 3.84%.
Moving Average
Southwest Airlines’s worth is below its 50-day moving average of $30.45 and under its 200-day moving average of $29.43.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 33.9% and positive 26.3% for the next.
Sales Growth
Southwest Airlines’s sales growth is 8.3% for the present quarter and 8.7% for the next.
Previous days news about Southwest Airlines (LUV)
- According to Zacks on Friday, 26 April, "In the past week, American Airlines (AAL Quick QuoteAAL – Free Report) , Southwest Airlines (LUV Quick QuoteLUV – Free Report) , JetBlue Airways (JBLU Quick QuoteJBLU – Free Report) and Hawaiian Holdings (HA Quick QuoteHA – Free Report) released first-quarter 2024 results. "
5. First Trust New Opportunities MLP & Energy Fund (FPL)
91.84% Payout Ratio
First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors. The fund primarily invests in equity and debt securities of MLPs and MLP related entities, as well as in dividend paying growth stocks of other energy and energy utilities companies. It benchmarks the performance of its portfolio against the S&P 500 Index, Alerian MLP Total Return Index, and Wells Fargo Midstream MLP Total Return Index. First Trust New Opportunities MLP & Energy Fund was formed on October 15, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, First Trust New Opportunities MLP & Energy Fund has a trailing twelve months EPS of $0.49.
PE Ratio
First Trust New Opportunities MLP & Energy Fund has a trailing twelve months price to earnings ratio of 15.65. Meaning, the purchaser of the share is investing $15.65 for every dollar of annual earnings.
Volume
Today’s last reported volume for First Trust New Opportunities MLP & Energy Fund is 29110 which is 58.75% below its average volume of 70579.
Moving Average
First Trust New Opportunities MLP & Energy Fund’s value is above its 50-day moving average of $7.29 and way above its 200-day moving average of $6.74.
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 current quarter and 1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Dividend Yield
As maintained 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%.
