(VIANEWS) – Piedmont Office Realty Trust (PDM), Tredegar Corporation (TG), MFS Investment Grade Municipal Trust (CXH) are the highest payout ratio stocks on this list.
We have congregated information regarding 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 issue 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. Piedmont Office Realty Trust (PDM)
167.78% Payout Ratio
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). Piedmont is a 2023 ENERGY STAR Partner of the Year.
Earnings Per Share
As for profitability, Piedmont Office Realty Trust has a trailing twelve months EPS of $-0.6.
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 -4.27%.
2. Tredegar Corporation (TG)
159.38% Payout Ratio
Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel and flexible displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, Pearl A, and Obsidian brands. This segment provides polyethylene overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Ecophane and Sealphane brands. Tredegar Corporation was incorporated in 1988 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Tredegar Corporation has a trailing twelve months EPS of $-2.97.
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 -56.7%.
Yearly Top and Bottom Value
Tredegar Corporation’s stock is valued at $5.93 at 20:23 EST, way under its 52-week high of $7.17 and way above its 52-week low of $3.98.
Volume
Today’s last reported volume for Tredegar Corporation is 73241 which is 31.34% below its average volume of 106683.
Moving Average
Tredegar Corporation’s worth is way above its 50-day moving average of $5.28 and way above its 200-day moving average of $5.21.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.1%, now sitting on 689.44M for the twelve trailing months.
3. MFS Investment Grade Municipal Trust (CXH)
119.35% Payout Ratio
MFS Investment Grade Municipal is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Investment Grade Municipal Trust was founded in May 16, 1989 and is domiciled in United States.
Earnings Per Share
As for profitability, MFS Investment Grade Municipal Trust has a trailing twelve months EPS of $0.23.
PE Ratio
MFS Investment Grade Municipal Trust has a trailing twelve months price to earnings ratio of 34.46. Meaning, the purchaser of the share is investing $34.46 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 2.16%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 16, 2024, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 3.59%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.7%, now sitting on 5.5M for the twelve trailing months.
4. WD-40 Company (WDFC)
67.19% Payout Ratio
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also provides multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name. In addition, the company offers automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and liquid mildew stain removers and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, WD-40 Company has a trailing twelve months EPS of $5.09.
PE Ratio
WD-40 Company has a trailing twelve months price to earnings ratio of 47.13. Meaning, the purchaser of the share is investing $47.13 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 32.44%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 19% and 2.3%, respectively.
5. Marcus Corporation (MCS)
66.67% Payout Ratio
The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 17, 2020, it owned or operated 1,110 screens at 91 locations in 17 states under the Marcus Theatres, Movie Tavern by Marcus, and BistroPlex brands; and owned and managed 20 hotels, resorts, and other properties in eight states. The company also operates a family entertainment center under the Funset Boulevard name in Appleton, Wisconsin, as well as owns and operates a retail outlet under the name of Ronnie's Plaza. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development. The company was founded in 1935 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Marcus Corporation has a trailing twelve months EPS of $0.39.
PE Ratio
Marcus Corporation has a trailing twelve months price to earnings ratio of 29.54. Meaning, the purchaser of the share is investing $29.54 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 2.73%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 91.4% and positive 3.1% for the next.
6. Dreyfus High Yield Strategies Fund (DHF)
56.06% Payout Ratio
BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. It was formerly known as Dreyfus High Yield Strategies Fund. BNY Mellon High Yield Strategies Fund was formed in April 29, 1998 and is domiciled in the United States.
Earnings Per Share
As for profitability, Dreyfus High Yield Strategies Fund has a trailing twelve months EPS of $0.33.
PE Ratio
Dreyfus High Yield Strategies Fund has a trailing twelve months price to earnings ratio of 7.36. Meaning, the purchaser of the share is investing $7.36 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 12.73%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.3%, now sitting on 23.21M for the twelve trailing months.
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%.
