(VIANEWS) - Invesco High Income Trust II (VLT), Solar Capital Ltd. (SLRC), Fidelity National Information Services (FIS) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. 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 issue them.
When investigating 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. Invesco High Income Trust II (VLT)
1446.01% Payout Ratio
Invesco High Income Trust II, a closed-ended fixed income mutual fund that was launched in 2012 by Invesco Ltd. Invesco Advisers, Inc, INVESCO Asset Management Japan Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco China Limited, INVESCO Senior Secured Management, Inc. and Invesco Canada Limited co-manage the fund. The fund invests in fixed income markets. It invests in securities rated between BB and B by Standard and Poor's. The fund aims to have a portfolio that lasts between three and four years. It compares its portfolio performance to the Barclays U.S. Corporation High Yield 2% Issuer Cap Inde. The fund was previously known as Invesco van Kampen High Income Trust II. Invesco High Income Trust II, which was established on April 28, 1989, is based in the United States.
Earnings per Share
Invesco High Income Trust II's trailing twelve-month EPS is $0.1.
PE Ratio
Invesco High Income Trust II's trailing 12 months earnings to price ratio is 100.19. The purchaser of the shares is investing $100.19 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is the measure of profitability relative to shareholders' equity, was 0.54%.2. Solar Capital Ltd. (SLRC)
1171.42% Payout Ratio
Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. The fund primarily invests in United States. The fund's investments generally range between $5 million and $100 million. The fund invests in companies with revenues between $50 million and $1 billion and EBITDA between $15 million and $100 million. It invests in the form of senior secured loans, mezzanine loans, and equity securities. It may also seek investments in thinly traded public companies and also make secondary investments. The fund makes non-control equity investments. It primarily exits within three years of the initial capital commitment.
Earnings per Share
Solar Capital Ltd.'s trailing twelve-month EPS is $0.14.
PE Ratio
Solar Capital Ltd.'s trailing 12 months earnings to price ratio is 104.14. The purchaser of the shares is therefore investing $104.14 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 0.59%.Moving Average
Solar Capital Ltd.'s worth is above its 50-day moving average of $13.95 and under its 200-day moving average of $15.21.Sales Growth
Solar Capital Ltd. saw a 49% increase in sales for its current quarter, and a 67.4% growth for its next.
3. Fidelity National Information Services (FIS)
125.55% Payout Ratio
Fidelity National Information Services, Inc. offers technology solutions to merchants, banks, capital market firms and other organizations worldwide. The company operates in three segments: Merchant Solutions, Banking Solutions and Capital Market Solutions. Merchant Solutions offers global ecommerce, enterprise acquiring and software-led small to medium-sized business acquiring. Core processing and other ancillary services are provided by the Banking Solutions segment. Digital solutions include Internet, mobile and ebanking, fraud, risk management and compliance solutions. Electronic funds transfer and network service is also offered. Card and retail payment options, wealth and retirement strategies, item processing, and output services are all available. Capital Market Solutions offers corporate liquidity, securities processing, finance, global trading and asset management, as well as solutions for corporate liquidity. Fidelity National Info Services, Inc. was established in 1968. It is located in Jacksonville, Florida.
Earnings Per Share
As for profitability, Fidelity National Information Services has a trailing twelve months EPS of $0.25.
PE Ratio
Fidelity National Information Services has a trailing twelve months price to earnings ratio of 266.44. Meaning, the purchaser of the share is investing $266.44 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 1.79%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 7, 2022, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 2.29%.
4. Magellan Midstream Partners L.P. Limited Partnership (MMP)
96.96% Payout Ratio
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates through Refined Products, Crude Oil, and Marine Storage segments. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent refiners and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, bio-fuel producers, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. The company also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners, marketers, traders, and other end users of petroleum products. As of December 31, 2019, it had 9,800-mile refined products pipeline system with 53 terminals, as well as 25 independent terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 35 million barrels; and 6 marine terminals with an aggregate storage capacity of approximately 31 million barrels. Magellan Midstream Partners, L.P. was founded in 2000 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months EPS of $4.28.
PE Ratio
Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months price to earnings ratio of 11.65. Meaning, the purchaser of the share is investing $11.65 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 49.42%.5. Darden Restaurants (DRI)
62.64% Payout Ratio
Through its subsidiaries, Darden Restaurants, Inc. owns and runs full-service restaurants throughout the United States. It owned and operated 1,867 full-service restaurants in the United States and Canada as of May 29, 2022.
Earnings Per Share
As for profitability, Darden Restaurants has a trailing twelve months EPS of $-1.7.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 38.06%.Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on October 5, 2022. The forward dividend rate for 2020 is estimated at 4.84, and the forward dividend yield is estimated to be 3.49%.
Volume
Today's last reported volume for Darden Restaurants is 758712 which is 38.78% below its average volume of 1239370.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.1%, now sitting on 9.77B for the twelve trailing months.
6. PNC Financial Services Group (PNC)
41.48% Payout Ratio
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company has 2,591 branches and 9,502 ATMs. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, PNC Financial Services Group has a trailing twelve months EPS of $19.14.
PE Ratio
PNC Financial Services Group has a trailing twelve months price to earnings ratio of 8.14. Meaning, the purchaser of the share is investing $8.14 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 11.4%.Revenue growth
The year-on-year revenue growth fell by 1.7%. We now have 20.74B in the 12 trailing months.
Annual Top and Bottom Value
At 01:24 EST PNC Financial Services Group stock was valued at $155.87, which is below its 52 week high of $228.14 but above its 52-week lowest of $143.52.