(VIANEWS) - Alliancebernstein Global High Income Fund (AWF), Rockwell Automation (ROK), Hormel Foods (HRL) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio as yet. 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. Alliancebernstein Global High Income Fund (AWF)
2620% Payout Ratio
AllianceBernstein Global High Income Fund, a closed-end fixed income mutual fund managed by AllianceBernstein L.P. The fund invests in fixed income markets around the world. It invests primarily in government bonds and corporate debt securities with lower ratings. The fund uses a mix of quantitative and fundamental analysis to build its portfolio. It compares its performance to a combination of JPMorgan Government Bond Index -Emerging Markets and JPMorgan Emerging Markets Bond Index Global. The fund was previously called Alliance World Dollar Government Fund II, Inc. AllianceBernstein Global High Income Fund is based in the United States.
Earnings Per Share
As for profitability, Alliancebernstein Global High Income Fund has a trailing twelve months EPS of $0.03.
PE Ratio
Alliancebernstein Global High Income Fund has a trailing twelve months price to earnings ratio of 293.33. Meaning, the purchaser of the share is investing $293.33 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 0.21%.Volume
Today's last reported volume for Alliancebernstein Global High Income Fund is 139336 which is 19.6% below its average volume of 173306.
Yearly Top and Bottom Value
Alliancebernstein Global High Income Fund's stock is valued at $8.80 at 02:23 EST, way under its 52-week high of $12.63 and above its 52-week low of $8.76.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 5, 2022, the estimated forward annual dividend rate is 0.79 and the estimated forward annual dividend yield is 8.93%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.9%, now sitting on 63.52M for the twelve trailing months.
2. Rockwell Automation (ROK)
77.31% Payout Ratio
Rockwell Automation, Inc. offers industrial automation solutions and digital transformation services in the United States as well as internationally. It operates three business segments: Intelligent Devices Software & Control and Lifecycle Services. The company offers hardware, software and service solutions. Intelligent Devices offers motion, safety and sensing as well as industrial components. Software & Control provides software for control, visualization, hardware, simulation, data, security, and networking infrastructure. Lifecycle Services provides professional and related services, as well as maintenance and consulting services. Independent distributors are used to sell the company's solutions. The company serves discrete market segments, including automotive and semiconductor, logistics and warehousing, along with general industries such as printing and publishing and marine. It also sells its solutions through independent distributors. Rockwell Automation, Inc., was established in Milwaukee, Wisconsin in 1903.
Earnings Per Share
As for profitability, Rockwell Automation has a trailing twelve months EPS of $13.57.
PE Ratio
Rockwell Automation has a trailing twelve months price to earnings ratio of 16.98. Meaning, the purchaser of the share is investing $16.98 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 24.99%.3. Hormel Foods (HRL)
57.71% Payout Ratio
Hormel Foods Corporation processes and distributes various meats and nuts to commercial, retail and foodservice customers across the United States. There are four main segments to the company: Grocery Products; Refrigerated Foods; Jennie-O Turkey Store; International & Other. The company offers a variety of perishable items such as fresh and frozen meats and refrigerated meals solutions. It also sells shelf-stable products including canned luncheon meats and snack nuts. It also processes, markets, and sells branded and unbranded turkey, pork, beef and poultry products. The company sells products under several brands, including SPAM, Hormel and Natural Choice. Brands are sold through independent brokers and distributors. Geo was the company's former name. A. Hormel & Company was formerly known as Geo. In January 1995, Hormel Foods Corporation took over the company's name. Hormel Foods Corporation is located in Austin, Minnesota. It was established in 1891.
Earnings Per Share
As for profitability, Hormel Foods has a trailing twelve months EPS of $1.62.
PE Ratio
Hormel Foods has a trailing twelve months price to earnings ratio of 28.02. Meaning, the purchaser of the share is investing $28.02 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 13.67%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 5.1% and 7.8%, respectively.Sales Growth
Hormel Foods's sales growth for the next quarter is negative 5.8%.
Moving Average
Hormel Foods's worth is below its 50-day moving average of $47.84 and below its 200-day moving average of $48.88.Volume
Today's last reported volume for Hormel Foods is 1068280 which is 28.46% below its average volume of 1493460.
4. BlackRock Municipal Target Term Trust (BTT)
42.55% Payout Ratio
BlackRock, Inc. launched the Blackrock Municipal 2030 Target Term Trust, a closed-end fixed income mutual fund. BlackRock Advisors, LLC manages the fund. The fund invests in fixed-income markets. It invests in municipal bonds of investment quality that are exempted from federal income taxes. It used to be known previously as BlackRock Municipal Target Term Trust. Blackrock Municipal 2030 Target Term Trust, which was established on August 30, 2012, is based in the United States.
Earnings Per Share
As for profitability, BlackRock Municipal Target Term Trust has a trailing twelve months EPS of $1.46.
PE Ratio
BlackRock Municipal Target Term Trust has a trailing twelve months price to earnings ratio of 14.07. Meaning, the purchaser of the share is investing $14.07 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 negative -2.37%.Revenue Growth
Year-on-year quarterly revenue growth declined by 4.7%, now sitting on 87.28M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 13, 2022, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 3.17%.
Volume
Today's last reported volume for BlackRock Municipal Target Term Trust is 201149 which is 103.64% above its average volume of 98776.
5. NBT Bancorp (NBTB)
32.09% Payout Ratio
NBT Bancorp Inc. is a financial holding firm that provides retail and commercial banking as well as wealth management services. Deposit products offered by NBT Bancorp Inc. include savings, demand deposit and certificates of deposit. Its loan portfolio includes commercial, industrial, commercial real property, agricultural and commercial construction loans. Indirect and direct consumer, residential, and mortgage loans. The company also offers trust and investment, financial planning and insurance services as well as retirement plan consulting services and recordkeeping. The company also offers personal, casualty and business insurance. It can provide other services via online, mobile and phone channels, which allow customers to access balances, make transfers, send funds, pay bills and view statements. Customers can also apply for loans and check their accounts. It had 141 branches in New York, Pennsylvania and Vermont and 176 ATMs throughout New Hampshire, Massachusetts, New Hampshire and Maine as of December 31, 2020. NBT Bancorp Inc. is located in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $3.49.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 11.42. Meaning, the purchaser of the share is investing $11.42 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 12.57%.Revenue Growth
Year-on-year quarterly revenue growth grew by 0.9%, now sitting on 491.8M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 30, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 3.01%.