(VIANEWS) – Voya Global Advantage and Premium Opportunity Fund (IGA), Mesa Royalty Trust (MTR), NXP Semiconductors (NXPI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a guarantee 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. Voya Global Advantage and Premium Opportunity Fund (IGA)
246.25% Payout Ratio
Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co. LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds. It employs fundamental analysis with a bottom-up stock picking approach and a proprietary discounted cash flow valuation model, focusing on such factors as sales, margins, and capital use to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. It was formerly known as ING Global Advantage and Premium Opportunity Fund. Voya Global Advantage and Premium Opportunity Fund was formed on July 7, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Voya Global Advantage and Premium Opportunity Fund has a trailing twelve months EPS of $0.32.
PE Ratio
Voya Global Advantage and Premium Opportunity Fund has a trailing twelve months price to earnings ratio of 26.09. Meaning, the purchaser of the share is investing $26.09 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 2.69%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.8%, now sitting on 5.58M for the twelve trailing months.
Yearly Top and Bottom Value
Voya Global Advantage and Premium Opportunity Fund’s stock is valued at $8.35 at 02:23 EST, way under its 52-week high of $9.64 and above its 52-week low of $8.05.
2. Mesa Royalty Trust (MTR)
96.51% Payout Ratio
Mesa Royalty Trust owns net overriding royalty interests in various oil and gas producing properties in the United States. It has interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of New Mexico and Colorado. The company was founded in 1979 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Mesa Royalty Trust has a trailing twelve months EPS of $1.95.
PE Ratio
Mesa Royalty Trust has a trailing twelve months price to earnings ratio of 12.05. Meaning, the purchaser of the share is investing $12.05 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 141.97%.
Yearly Top and Bottom Value
Mesa Royalty Trust’s stock is valued at $23.50 at 02:23 EST, way under its 52-week high of $28.00 and way higher than its 52-week low of $8.76.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Mesa Royalty Trust’s EBITDA is 36.75.
Revenue Growth
Year-on-year quarterly revenue growth grew by 318.4%, now sitting on 4.14M for the twelve trailing months.
Moving Average
Mesa Royalty Trust’s value is way higher than its 50-day moving average of $18.09 and way above its 200-day moving average of $17.05.
3. NXP Semiconductors (NXPI)
34.06% Payout Ratio
NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors. The company's products are used in various applications, including automotive, industrial and Internet of Things, mobile, and communication infrastructure. The company markets its products to various original equipment manufacturers, contract manufacturers, and distributors. It operates in China, the Netherlands, the United States, Singapore, Germany, Japan, South Korea, Taiwan, and internationally. The company was formerly known as KASLION Acquisition B.V and changed its name to NXP Semiconductors N.V. in May 2010. NXP Semiconductors N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands.
Earnings Per Share
As for profitability, NXP Semiconductors has a trailing twelve months EPS of $11.02.
PE Ratio
NXP Semiconductors has a trailing twelve months price to earnings ratio of 16.44. Meaning, the purchaser of the share is investing $16.44 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 37.18%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
NXP Semiconductors’s EBITDA is 3.93.
Yearly Top and Bottom Value
NXP Semiconductors’s stock is valued at $181.18 at 02:23 EST, under its 52-week high of $197.71 and way above its 52-week low of $132.08.
Volume
Today’s last reported volume for NXP Semiconductors is 3605820 which is 76.05% above its average volume of 2048180.
4. Service Corporation International (SCI)
33.33% Payout Ratio
Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses. The company also provides professional services related to funerals and cremations, including the use of funeral facilities and motor vehicles; arranging and directing services; and removal, preparation, embalming, cremation, memorialization, and travel protection, as well as catering services. In addition, it offers funeral merchandise, including burial caskets and related accessories, urns and other cremation receptacles, outer burial containers, flowers, online and video tributes, stationery products, casket and cremation memorialization products, and other ancillary merchandise. Further, the company's cemeteries provide cemetery property interment rights, such as developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options; and sells cemetery merchandise and services, including memorial markers and bases, outer burial containers, flowers and floral placements, graveside services, merchandise installations, and interments, as well as offers preneed cemetery merchandise and services. Service Corporation International offers its products and services under the Dignity Memorial, Dignity Planning, National Cremation Society, Advantage Funeral and Cremation Services, Funeraria del Angel, Making Everlasting Memories, Neptune Society, and Trident Society brands. It owns and operates funeral service locations and cemeteries in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. The company was incorporated in 1962 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Service Corporation International has a trailing twelve months EPS of $3.12.
PE Ratio
Service Corporation International has a trailing twelve months price to earnings ratio of 20.78. Meaning, the purchaser of the share is investing $20.78 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 28.36%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Service Corporation International’s EBITDA is 3.78.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 1.65%.
Moving Average
Service Corporation International’s value is under its 50-day moving average of $67.74 and under its 200-day moving average of $66.96.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.5%, now sitting on 4.02B for the twelve trailing months.
