(VIANEWS) - Alliancebernstein Global High Income Fund (AWF), Newtek Business Services Corp. (NEWT), Honeywell International (HON) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up until now. The payout ratio in itself isn't a guarantee 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 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. Alliancebernstein Global High Income Fund (AWF)
2620% Payout Ratio
AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of JPMorgan Government Bond Index-Emerging Markets, JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. It was previously known as Alliance World Dollar Government Fund II, Inc. AllianceBernstein Global High Income Fund was formed on May 20, 1993 and is domiciled in the United States.
Earnings per Share
For profitability, Alliancebernstein Global High Income Fund boasts a trailing 12 month EPS of $-22.3
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 0.2%.Volume
Today's last reported volume for Alliancebernstein Global High Income Fund is 264211 which is 33.97% above its average volume of 197209.
Revenue growth
The year-over-year growth in quarterly revenue was 0.9%. We now have 63.52M dollars for the 12 trailing months.
2. Newtek Business Services Corp. (NEWT)
132.41% Payout Ratio
Newtek Business Services Corp. provides financial and business consulting services for small- to medium-sized businesses in America. It also invests in businesses at the early stages of their development. It is open to equity and debt investments. It focuses on debt investments. First lien loans have terms from 1 to 25 year, second lien loans have terms between 5 and 25 years and unsecured loans are short-term financing that can be repaid in 6 to 12 month. The company operates via Electronic Payment Processing and Managed Technology Solutions segments, Small Business Finance, Capcos, as well as Managed Technology Solutions. It originates small-business administration loans to purchase commercial real estate, machinery and equipment. The loans can also be used to refinance or fund franchises. The company offers electronic payment processing services, including credit and debit card processing and check approval. It also provides ancillary processing software and equipment to merchants. It also offers Website hosting, cloud hosting and dedicated servers; web design and development; Internet market services; data storage, backup, and other related services. Ecommerce services include payment processing, website design, Web-related services and Accounts Receivable Financing. It also offers Newtek Advantage. This platform allows businesses to have access to data from any device, including a tablet, smartphone, laptop or computer. The company also sells insurance products for personal and commercial use. It offers payroll processing, tax filing and payroll management services. To provide small-business clients with agent services, the company has formed strategic alliances such as American International Group (CTAA), Navy Federal Credit Union, Credit Union National Association and Pershing. It is looking to make investments in the New York area and Louisiana. It is looking to invest between $0.3 million and $3 million in companies. The firm offers small-business terms loans from $0.05million to $10 million. It also offers account receivable finance, with rates ranging between $0.05 million and $1.5 million. The firm also offers financing of $0.05 to $10 million for owner-occupied real estate companies whose net income must not exceed $2.5million in the past 2 years. Newtek Business Services Corp. was previously known as Newtek Business Services Inc.
Earnings Per Share
As for profitability, Newtek Business Services Corp. has a trailing twelve months EPS of $1.59.
PE Ratio
Newtek Business Services Corp. has a trailing twelve months price to earnings ratio of 11.87. Meaning, the purchaser of the share is investing $11.87 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 15.67%.3. Honeywell International (HON)
52.8% Payout Ratio
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; thermal systems, as well as wireless connectivity and management services. The company's Honeywell Building Technologies segment offers software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems. Its Performance Materials and Technologies segment offers automation control, instrumentation, and software and related services; catalysts and adsorbents, equipment, and consulting; and materials to manufacture end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, as well as provides reduced and low global-warming-potential materials based on hydrofluoro-olefin technology. The company's Safety and Productivity Solutions segment provides personal protection equipment, apparel, gear, and footwear; gas detection technology; cloud-based notification and emergency messaging; mobile devices and software; supply chain and warehouse automation equipment, and software solutions; custom-engineered sensors, switches, and controls; and data and asset management productivity software solutions. The company was founded in 1906 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Honeywell International has a trailing twelve months EPS of $6.53.
PE Ratio
Honeywell International has a trailing twelve months price to earnings ratio of 32.95. Meaning, the purchaser of the share is investing $32.95 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 29.56%.Volume
Today's last reported volume for Honeywell International is 475941 which is 84.7% below its average volume of 3112310.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 19.6% and 8.9%, respectively.Moving Average
Honeywell International's value exceeds its 50-day moving mean of $202.96, and is well above its 200 day moving average $191.52.4. Hurco Companies (HURC)
43.94% Payout Ratio
Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine tools, including vertical machining centers and turning centers. It also provides computer control systems and related software for press brake applications. In addition, the company offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was founded in 1968 and is headquartered in Indianapolis, Indiana.
Earnings per Share
Hurco Companies' trailing twelve-month EPS is $-0.7.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 3.81%.Yearly Top and Bottom Value
Hurco Companies's stock is valued at $25.60 at 13:23 EST, way below its 52-week high of $35.15 and way above its 52-week low of $21.75.
Dividend Yield
According to Morningstar, Inc., Sep 29 2022 will be the next distribution. The forward dividend rate and forward dividend yield are 0.6 and 2.43% respectively.
5. Simulations Plus (SLP)
40% Payout Ratio
Simulations Plus, Inc. develops drug discovery and development software for mechanistic modeling and simulation, and prediction of properties of molecules utilizing artificial-intelligence- and machine-learning-based technology worldwide. The company offers GastroPlus, which simulates the absorption, pharmacokinetics (PK), pharmacodynamics, and drug-drug interactions of compounds administered to humans and animals; DDDPlus that simulates in vitro laboratory experiments; and MembranePlus, which simulates laboratory experiments. It also provides PKPlus, a program that provides the functionality needed by pharmaceutical industry scientists to perform the analyses and generate the outputs needed to satisfy regulatory agency requirements for noncompartmental analysis and compartmental PK modelling; ADMET Predictor, a chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, a molecule drawing program or sketcher. In addition, it offers KIWI, a cloud-based web application to organize, process, maintain, and communicate the volume of data and results generated by pharmacologists and scientists over the duration of a drug development program; DILIsym, a quantitative systems pharmacology software; NAFLDsym, a simulation program for analyzing nonalcoholic fatty liver disease; RENAsym for investigating and predicting drug-induced or acute kidney injury; IPFsym, a software tool to treat or cure idiopathic pulmonary fibrosis; and the Monolix Suite, a solution for modeling and simulation. Further, the company provides population modeling and simulation contract research services; and clinical-pharmacology-based consulting services in support of regulatory submissions. It serves pharmaceutical, biotechnology, agrochemical, cosmetics, and food companies, as well as academic and regulatory agencies. The company was founded in 1996 and is headquartered in Lancaster, California.
Earnings per Share
Simulations Plus' trailing twelve-month EPS is $0.6.
PE Ratio
Simulations Plus' trailing 12-month price-earnings ratio is 63.27. The purchaser of the shares is therefore investing $63.27 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 7.26%.Revenue Growth
Year-on-year quarterly revenue growth grew by 19.2%, now sitting on 53.91M for the twelve trailing months.
6. Manulife Financial (MFC)
32.82% Payout Ratio
Manulife Financial Corporation and its affiliates offer financial services and products in Asia, Canada and the United States. It operates in three segments: Wealth and Asset Management Businesses, Insurance and Annuity Products and Corporate and Other. Wealth and Asset Management Businesses provides mutual funds and exchange traded funds, group retirement and saving products, and institutional assets management services through brokers and agents affiliated with the company. Securities brokerage firms and financial advisors, pension plan consultants and bank banks also offer this segment. Insurance and Annuity Products offers individual and group life insurance, deposit and credit products, and long-term and individual care insurance. It also provides guaranteed and partially guaranteed annuity options through agents, financial planners and banks. The Corporate and Others segment deals in property, casualty, and reinsurance business. It also runs-off reinsurance operations including variable annuities and accident and healthcare. The company also manages agricultural and timberland portfolios. It is involved in mutual fund and portfolio management, mutual funds dealer, insurance agency, mutual fund management, mutual mutual fund manager, mutual fund dealer and life, annuity and long-term care reinsurance, as well fund management businesses. The company also provides advisory and counseling services, as well as investment management and brokerage. Manulife Financial Corporation, a Canadian corporation founded in 1887, is located in Toronto.
Earnings Per Share
As for profitability, Manulife Financial has a trailing twelve months EPS of $2.39.
PE Ratio
Manulife Financial has a trailing twelve months price to earnings ratio of 7.54. Meaning, the purchaser of the share is investing $7.54 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 13.2%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 21, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 6.06%.
Growth Estimates Quarters
For the current quarter, the company expects to grow by 11.7% and 9.1% respectively.Volume
Manulife Financial's current reported volume is 816190, which is 78.32% lower than its average volume (3766170).