(VIANEWS) – John Hancock Hedged Equity & Income Fund (HEQ), Calamos Global Dynamic Income Fund (CHW), Trustmark Corporation (TRMK) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 distribute 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. John Hancock Hedged Equity & Income Fund (HEQ)
156.76% Payout Ratio
John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives such as call options and equity futures. John Hancock Hedged Equity & Income Fund was formed on May 26, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock Hedged Equity & Income Fund has a trailing twelve months EPS of $0.95.
PE Ratio
John Hancock Hedged Equity & Income Fund 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.
Yearly Top and Bottom Value
John Hancock Hedged Equity & Income Fund’s stock is valued at $10.47 at 20:23 EST, under its 52-week high of $11.08 and way above its 52-week low of $9.08.
2. Calamos Global Dynamic Income Fund (CHW)
48.78% Payout Ratio
Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in growth stocks of companies across all market capitalizations, as well as in higher yield corporate bonds, government bonds, convertibles, and alternative investments such as arbitrage and call writes. The fund employs both fundamental and quantitative analysis, focusing on such factors as source, sustainability, and risk of investment opportunities to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Index and Merrill Lynch Global Broad Markets Index. The fund was formerly known as Calamos Global Diversified Income & Opportunities Fund. Calamos Global Dynamic Income Fund was formed on April 10, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Calamos Global Dynamic Income Fund has a trailing twelve months EPS of $1.23.
PE Ratio
Calamos Global Dynamic Income Fund has a trailing twelve months price to earnings ratio of 5.51. Meaning, the purchaser of the share is investing $5.51 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 17.56%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 12, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 8.86%.
Volume
Today’s last reported volume for Calamos Global Dynamic Income Fund is 95994 which is 27.31% below its average volume of 132060.
3. Trustmark Corporation (TRMK)
35.94% Payout Ratio
Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; and treasury management services. In addition, the company provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management. Further, it offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers, as well as provides an intermediary vehicle for the provision of loans or investments in low-income communities. As of December 31, 2020, the company operated 174 full-service branches and 12 limited service branches; and 230 automated teller machines and 34 interactive teller machines. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.
Earnings Per Share
As for profitability, Trustmark Corporation has a trailing twelve months EPS of $2.56.
PE Ratio
Trustmark Corporation has a trailing twelve months price to earnings ratio of 12.27. Meaning, the purchaser of the share is investing $12.27 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 9.66%.
Sales Growth
Trustmark Corporation’s sales growth is 6.2% for the ongoing quarter and negative 9.9% for the next.
4. Buckle (BKE)
33.1% Payout Ratio
The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root, Outpost Makers, Departwest, Departwest, Reclaim, Salvage, Nova Industries, and Veece. The company also provides services, such as hemming, gift-wrapping, layaways, guest loyalty program, the Buckle private label credit card, and personalized stylist services, as well as special order system that allows stores to obtain requested merchandise from other company stores or its online order fulfillment center. As of January 30, 2021, it operated 443 retail stores in 42 states under the Buckle and The Buckle names. The Buckle, Inc. also sells its products through its website, buckle.com. The company was formerly known as Mills Clothing, Inc. and changed its name to The Buckle, Inc. in April 1991. The Buckle, Inc. was incorporated in 1948 and is headquartered in Kearney, Nebraska.
Earnings Per Share
As for profitability, Buckle has a trailing twelve months EPS of $4.23.
PE Ratio
Buckle has a trailing twelve months price to earnings ratio of 9.01. Meaning, the purchaser of the share is investing $9.01 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 50.5%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.2%, now sitting on 1.24B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 12, 2024, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 3.6%.
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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
