(VIANEWS) – The Gabelli Healthcare & Wellness Trust (GRX), Hanover Insurance Group (THG), Babson Capital Corporate Investors (MCI) 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 guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. The Gabelli Healthcare & Wellness Trust (GRX)
230.77% Payout Ratio
The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector. It invests in stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index, S&P 500 Consumer Staples Index, and S&P 500 Health Care Index. The Gabelli Healthcare & Wellness Trust was formed on February 20, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, The Gabelli Healthcare & Wellness Trust has a trailing twelve months EPS of $0.26.
PE Ratio
The Gabelli Healthcare & Wellness Trust has a trailing twelve months price to earnings ratio of 34.15. Meaning, the purchaser of the share is investing $34.15 for every dollar of annual earnings.
Yearly Top and Bottom Value
The Gabelli Healthcare & Wellness Trust’s stock is valued at $8.88 at 10:23 EST, way under its 52-week high of $10.67 and way higher than its 52-week low of $7.73.
Volume
Today’s last reported volume for The Gabelli Healthcare & Wellness Trust is 52369 which is 1.65% above its average volume of 51515.
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%.
Sales Growth
Hanover Insurance Group’s sales growth is 6.5% for the current quarter and 5.3% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Hanover Insurance Group’s EBITDA is 0.85.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 354.3% and 2100%, respectively.
3. Babson Capital Corporate Investors (MCI)
70.06% Payout Ratio
Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations. The fund also invests in marketable investment grade debt securities, other marketable debt securities, and marketable common stocks. It was formerly known as Babson Capital Corporate Investors. Babson Capital Corporate Investors trust was formed in 1971 and is domiciled in the United States.
Earnings Per Share
As for profitability, Babson Capital Corporate Investors has a trailing twelve months EPS of $1.57.
PE Ratio
Babson Capital Corporate Investors has a trailing twelve months price to earnings ratio of 11.02. Meaning, the purchaser of the share is investing $11.02 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 9.39%.
4. Invesco Quality Municipal Income Trust (IQI)
65.22% Payout Ratio
Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, and municipal commercial paper. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously known as Morgan Stanley Quality Municipal Income Trust. Invesco Quality Municipal Income Trust was formed on September 29, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Quality Municipal Income Trust has a trailing twelve months EPS of $-0.01.
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 -0.11%.
5. Intercontinental Hotels Group (IHG)
39.21% Payout Ratio
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels, resorts, restaurants, and spas under the InterContinental Hotels & Resorts, Regent, Six Senses, Kimpton Hotels & Restaurants, Hotel Indigo, EVEN HOTELS, HUALUXE, Crowne Plaza, Voco, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, avid, Staybridge Suites, Atwell Suites, and Candlewood Suites brand names. It also provides IHG Rewards Club, a hotel loyalty program. As of February 28, 2020, the company had approximately 5,900 hotels and 884,000 rooms in approximately 100 countries. InterContinental Hotels Group PLC was founded in 1777 and is headquartered in Denham, the United Kingdom.
Earnings Per Share
As for profitability, Intercontinental Hotels Group has a trailing twelve months EPS of $3.53.
PE Ratio
Intercontinental Hotels Group has a trailing twelve months price to earnings ratio of 23.03. Meaning, the purchaser of the share is investing $23.03 for every dollar of annual earnings.
Moving Average
Intercontinental Hotels Group’s worth is above its 50-day moving average of $74.77 and way higher than its 200-day moving average of $71.66.
6. Regions Financial Corporation (RF)
34.85% Payout Ratio
Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. It also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. The company was founded in 1971 and is headquartered in Birmingham, Alabama.
Earnings Per Share
As for profitability, Regions Financial Corporation has a trailing twelve months EPS of $2.41.
PE Ratio
Regions Financial Corporation has a trailing twelve months price to earnings ratio of 8.18. Meaning, the purchaser of the share is investing $8.18 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 15.13%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 6, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 5.46%.
Sales Growth
Regions Financial Corporation’s sales growth is negative 8.3% for the present quarter and negative 10.6% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 27.3% and a negative 27.4%, respectively.
Volume
Today’s last reported volume for Regions Financial Corporation is 11409100 which is 18.02% above its average volume of 9666460.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
