(VIANEWS) - John Hancock Tax (HTY), Prudential Global Short Duration High Yield Fund (GHY), 3M Company (MMM) 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 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. John Hancock Tax (HTY)
6400% Payout Ratio
John Hancock Investments-John Hancock Tax-Advantaged global shareholder yield fund is an equity mutual fund that's closed-ended. It was launched by John Hancock Investment Management LLC. The fund is managed by Analytic Investors, LLC, and Epoch Investment Partners, Inc. It invests in public equity markets around the world. The fund invests in shares of companies in the utilities, telecom services, consumer staples and financials sectors. It invests primarily in dividend-paying stocks of companies. The fund invests in stock of companies with diversified market capitalizations. To create its portfolio, the fund combines fundamental analysis and a top-down stock picking strategy. The fund benchmarks its portfolio's performance against the MSCI World Index. John Hancock Investments-John Hancock Tax-Advantaged global shareholder yield fund was established on September 26, 2007, and is based in the United States.
Volume
Today's last reported volume for John Hancock Tax is 83288 which is 104.95% above its average volume of 40638.
Moving Average
John Hancock Tax's value is way below its 50-day moving average of $5.22 and way under its 200-day moving average of $5.91.2. Prudential Global Short Duration High Yield Fund (GHY)
242.31% Payout Ratio
PGIM Global Short Duration, High Yield Fund Inc. is a closed-ended fixed income mutual fund that was launched by PGIM Investments LLC. PGIM Fixed income co-manages the fund. The fund invests in all fixed income markets around the world. It invests primarily in high-yield fixed income instruments with varying maturities, rated BB+ by Standard & Poor's Ratings Services, Inc., or Ba1 by Moody's Investors Service, Inc. The fund aims to have a five-year average weighted maturity. PGIM Global Short Duration, High Yield Fund Inc. was established December 26, 2012 in New York.
Earnings Per Share
As for profitability, Prudential Global Short Duration High Yield Fund has a trailing twelve months EPS of $0.52.
PE Ratio
Prudential Global Short Duration High Yield Fund has a trailing twelve months price to earnings ratio of 20.31. Meaning, the purchaser of the share is investing $20.31 for every dollar of annual earnings.
Volume
Today's last reported volume for Prudential Global Short Duration High Yield Fund is 93588 which is 17.91% below its average volume of 114020.
Yearly Top and Bottom Value
Prudential Global Short Duration High Yield Fund's stock is valued at $10.56 at 20:23 EST, way below its 52-week high of $15.78 and above its 52-week low of $10.55.
3. 3M Company (MMM)
82.96% Payout Ratio
3M Company is a global technology company that offers diversified services. The company operates in four areas: Safety and Industrial, Transportation and Electronics, Health Care and Consumer. The Safety and Industrial section offers industrial abrasives and metalworking solutions, as well as closures systems for personal hygiene, masking and packaging, and products and materials that are used in construction and maintenance. It also provides electrical products and materials to support electrical original equipment manufacturer, power distribution and manufactures, and structural adhesives and tapes. Transportation and Electronics offers ceramic solutions, attachment tapes and films, sound and temperature management for transport vehicles, premium large format graphics films for advertising and fleet signs, light management films and electronic assembly solutions, packaging and interconnection options, and reflective signage to ensure highway safety and vehicle safety. The Healthcare segment provides solutions for food safety, health procedure coding, reimbursement software, skin, wound care and infected prevention products and services, as well as dental and orthodontic solutions. The Consumer segment offers consumer products such as consumer masks, consumer braces and supports, consumer respirators, cleaning products and products for home, retail abrasives and paint accessories, DIY car care products, picture hanging and consumer air quality products. The company sells its products via e-commerce, traditional wholesalers and retailers as well as jobbers and distributors. It was established in St. Paul in Minnesota in 1902.
Earnings Per Share
As for profitability, 3M Company has a trailing twelve months EPS of $9.77.
PE Ratio
3M Company has a trailing twelve months price to earnings ratio of 11.17. Meaning, the purchaser of the share is investing $11.17 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 29.38%.Volume
Today's last reported volume for 3M Company is 1993100 which is 79.24% below its average volume of 9605270.
Moving Average
3M Company's worth is way under its 50-day moving average of $131.52 and way under its 200-day moving average of $146.64.4. Nu Skin Enterprises (NUS)
68.61% Payout Ratio
Nu Skin Enterprises, Inc. distributes products for personal and professional care around the world. The company offers skin care products, such as ageLOC Skin Care and ageLOC Spa, which are customized for each age. It also sells Epoch products, which contain botanical ingredients from renewable sources. It also sells ageLOC youth nutritional supplements and ageLOC TR90 body shaping and weight management systems. It is also involved in research and development of nutritional supplements and skin care products. The company also has service and retail outlets in Mainland China. The company sells products under Nu Skin, Pharmanex and ageLOC brand names. It promotes and sells products both directly and through distributors. Nu Skin Enterprises, Inc., was established in 1984. It is located in Provo, Utah.
Earnings Per Share
As for profitability, Nu Skin Enterprises has a trailing twelve months EPS of $2.23.
PE Ratio
Nu Skin Enterprises has a trailing twelve months price to earnings ratio of 14.96. Meaning, the purchaser of the share is investing $14.96 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 12.21%.Earnings Before Interest, Taxes, Depreciation, and Amortization
Nu Skin Enterprises's EBITDA is 33.46.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is a negative 18.6% and a negative 0.9%, respectively.Volume
Today's last reported volume for Nu Skin Enterprises is 533938 which is 50.57% above its average volume of 354604.
5. Open Text Corporation (OTEX)
60.52% Payout Ratio
Open Text Corporation designs, develops and markets information management solutions and software. OpenText Information Management Software Platform, Carbonite products and Webroot are some of its offerings. OpenText Digital Experience Platform, OpenText Developer Cloud and key API services. The company also offers Discovery platform which provides unstructured and forensic data analytics. It also offers support services, such as software updates, knowledge bases, discussion, product information and an online platform to submit and review problems. Consulting and learning services are available for the integration, training and implementation of licensed products as well as cloud-based services. It serves companies and public sector agencies as well as small and medium-sized business owners and consumers across Canada, the United States and Europe. Strategic partnerships include SAP SE, Google Cloud and Amazon AWS. Microsoft Corporation, Oracle Corporation. Salesforce.com Corporation. Accenture plc. ATOS. Capgemini Technology Services SAS. Cognizant Technology Solutions U.S. Corp. Deloitte Consulting LLP. Tata Consultancy Services. It was founded in 1991, and its headquarters are in Waterloo in Canada.
Earnings Per Share
As for profitability, Open Text Corporation has a trailing twelve months EPS of $1.46.
PE Ratio
Open Text Corporation has a trailing twelve months price to earnings ratio of 18.08. Meaning, the purchaser of the share is investing $18.08 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 9.77%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter is a negative 1.9% and positive 4.5% for the next.Yearly Top and Bottom Value
Open Text Corporation's stock is valued at $26.40 at 20:23 EST, way under its 52-week high of $52.70 and above its 52-week low of $26.29.
6. Energizer Holdings (ENR)
40.27% Payout Ratio
Energizer Holdings, Inc., along with its affiliates, produces, markets, distributes, and sells specialty and household batteries and other lighting products around the world. The company offers lithium, alkaline and carbon zinc, nickel metal hydride and zinc air batteries, along with primary, rechargeable specialty and hearing aid products. It also offers headlights, area, child, and lanterns under the Energizer and Eveready brands. It also licenses Eveready and Energizer brands to other companies that develop consumer solutions for gaming, mobile power, critical device charging, lighting, and LED lights. The company also designs and sells automotive perfume and appearance products, including those under Nu Finish, Scratch Doctor and Refresh Your Car! brands. The company sells products directly through its sales force and third-party distributors. It also markets through various retail channels and business-tobusiness channels including warehouse clubs and mass merchandisers, grocery stores, drug stores, convenience stores, electronic specialty shops and department stores. Energizer Holdings, Inc., is based in St. Louis, Missouri.
Earnings Per Share
As for profitability, Energizer Holdings has a trailing twelve months EPS of $2.98.
PE Ratio
Energizer Holdings has a trailing twelve months price to earnings ratio of 8.52. Meaning, the purchaser of the share is investing $8.52 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 51.08%.