(VIANEWS) – Voya Global Advantage and Premium Opportunity Fund (IGA), Clorox Company (CLX), Southern Copper (SCCO) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio so far. 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. Voya Global Advantage and Premium Opportunity Fund (IGA)
2626.67% 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 $0.03.
PE Ratio
Voya Global Advantage and Premium Opportunity Fund has a trailing twelve months price to earnings ratio of 280.67. Meaning, the purchaser of the share is investing $280.67 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 0.03%.
Volume
Today’s last reported volume for Voya Global Advantage and Premium Opportunity Fund is 57520 which is 16.65% above its average volume of 49308.
2. Clorox Company (CLX)
132.95% Payout Ratio
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States. The Household segment provides cat litter products under the Fresh Step and Scoop Away brands; bags and wraps under the Glad brand; and grilling products under the Kingsford brand in the United States. The Lifestyle segment offers dressings, dips, seasonings, and sauces primarily under the Hidden Valley brand; natural personal care products under the Burt's Bees brand; and water-filtration products under the Brita brand in the United States. The International segment provides laundry additives; home care products; water-filtration systems; digestive health products; grilling products; cat litter products; food products; bags and wraps; natural personal care products; and professional cleaning and disinfecting products internationally primarily under the Clorox, Ayudin, Clorinda, Poett, Pine-Sol, Glad, Brita, RenewLife, Ever Clean and Burt's Bees brands. The Clorox Company sells its products primarily through mass retailers; grocery outlets; warehouse clubs; dollar stores; home hardware centers; drug, pet and military stores; third-party and owned e-commerce channels; and distributors, as well as a direct sales force The company was founded in 1913 and is headquartered in Oakland, California.
Earnings Per Share
As for profitability, Clorox Company has a trailing twelve months EPS of $7.2.
PE Ratio
Clorox Company has a trailing twelve months price to earnings ratio of 21.95. Meaning, the purchaser of the share is investing $21.95 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 90.63%.
3. Southern Copper (SCCO)
102.64% Payout Ratio
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 82,134 hectares of exploration concessions in Peru; 493,533 hectares of exploration concessions in Mexico; 246,346 hectares of exploration concessions in Argentina; 29,888 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.
Earnings Per Share
As for profitability, Southern Copper has a trailing twelve months EPS of $2.74.
PE Ratio
Southern Copper has a trailing twelve months price to earnings ratio of 27.87. Meaning, the purchaser of the share is investing $27.87 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 32.38%.
Sales Growth
Southern Copper’s sales growth is negative 7.5% for the current quarter and negative 10.9% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.1%, now sitting on 10.05B for the twelve trailing months.
Moving Average
Southern Copper’s value is higher than its 50-day moving average of $72.95 and way higher than its 200-day moving average of $57.48.
4. Chesapeake Granite Wash Trust (CHKR)
100% Payout Ratio
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.26.
PE Ratio
Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 4.38. Meaning, the purchaser of the share is investing $4.38 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 117.74%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 15, 2023, the estimated forward annual dividend rate is 0.29 and the estimated forward annual dividend yield is 25.16%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Chesapeake Granite Wash Trust’s EBITDA is 11.3.
Moving Average
Chesapeake Granite Wash Trust’s worth is under its 50-day moving average of $1.21 and under its 200-day moving average of $1.19.
5. MSCI (MSCI)
42.72% Payout Ratio
MSCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct. The Analytics segment offers risk management, performance attribution and portfolio management content, application, and service that provides an integrated view of risk and return, and an analysis of market, credit, liquidity, and counterparty risk across asset classes; managed services, including consolidation of client portfolio data from various sources, review and reconciliation of input data and results, and customized reporting; and HedgePlatform to measure, evaluate, and monitor the risk of hedge fund investments. The ESG and Climate segment provides products and services that help institutional investors understand how ESG factors impact the long-term risk and return of their portfolio and individual security-level investments; and data, ratings, research, and tools to help investors navigate increasing regulation. The All Other – Private Assets segment includes real estate market and transaction data, benchmarks, return-analytics, climate assessments and market insights for funds, investors, and managers; business intelligence to real estate owners, managers, developers, and brokers; and offers investment decision support tools for private capital. It serves asset owners and managers, financial intermediaries, wealth managers, real estate professionals, and corporates. MSCI Inc. was incorporated in 1998 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, MSCI has a trailing twelve months EPS of $7.75.
PE Ratio
MSCI has a trailing twelve months price to earnings ratio of 71.83. Meaning, the purchaser of the share is investing $71.83 for every dollar of annual earnings.
Volume
Today’s last reported volume for MSCI is 213420 which is 50.88% below its average volume of 434503.
Moving Average
MSCI’s value is above its 50-day moving average of $534.40 and way above its 200-day moving average of $476.06.
Previous days news about MSCI (MSCI)
- According to Zacks on Friday, 31 March, "VSTCX advisors use quantitative processes to evaluate the securities to the benchmark, the MSCI US Small Cap 1750 Index, while maintaining a risk profile similar to that of the index."
- According to Zacks on Wednesday, 29 March, "China tech ETFs like KraneShares CSI China Internet ETF (KWEB Quick QuoteKWEB – Free Report) , Global X MSCI China Communication Services ETF (CHIC) gained about 4.3% and 1.5%, respectively, on that day."
- According to Zacks on Wednesday, 29 March, "QUAL holds 124 stocks in its basket, with each making up not more than a 5.4% share.iShares MSCI USA Quality Factor ETF charges 15 bps of annual fees and trades an average daily volume of 1.6 million shares.", "5 ETF Areas to Protect Your Portfolio).SPDR MSCI USA StrategicFactors ETF (QUS Quick QuoteQUS – Free Report) SPDR MSCI USA StrategicFactors ETF offers exposure to stocks that combine low volatility, quality and value factor strategies. "
- According to Zacks on Wednesday, 29 March, "Global X MSCI China Information Technology ETF (CHIK Quick QuoteCHIK – Free Report) - Up 6.9%", "The underlying MSCI China Communication Services 10/50 Index follows a rules-based methodology that is designed to select constituents of the MSCI China Index. "
- According to MarketWatch on Friday, 31 March, "The stock has climbed 12.3% year to date through Thursday, while the iShares MSCI China exchange-traded fund has gained 6.1% and the S&P 500 has advanced 5.5%."
6. Old National Bancorp (ONB)
37.33% Payout Ratio
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.
Earnings Per Share
As for profitability, Old National Bancorp has a trailing twelve months EPS of $1.48.
PE Ratio
Old National Bancorp has a trailing twelve months price to earnings ratio of 9.72. Meaning, the purchaser of the share is investing $9.72 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 10.52%.
