(VIANEWS) - Ivy High Income Opportunities Fund (IVH), Telefonica (TEF), Universal Corporation (UVV) 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 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. Ivy High Income Opportunities Fund (IVH)
1776% Payout Ratio
Ivy Funds- Ivy High Income Opportunities Fund - A closed end fixed income mutual fund that is managed and launched by Ivy Investment Management Company. It invests in fixed-income markets around the world. The fund seeks investments in securities from companies that operate across diverse sectors. It invests primarily in high-yield corporate bond of different maturities and secured loans. Other corporate fixed income instruments rated below investment quality (below BAA3 by Moody's, or below S&P/Fitch) are also included. Ivy Funds- Ivy High Income Opportunities Fund was established in May 2013, and is based in the United States.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 13, 2022, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 8.03%.
Moving Average
Ivy High Income Opportunities Fund's value is under its 50-day moving average of $11.32 and way under its 200-day moving average of $11.98.Yearly Top and Bottom Value
Ivy High Income Opportunities Fund's stock is valued at $10.26 at 08:23 EST, way below its 52-week high of $14.34 and higher than its 52-week low of $10.13.
2. Telefonica (TEF)
164.35% Payout Ratio
Telefonica, S.A., along with its subsidiaries, offers telecommunications services throughout Europe and Latin America. Its services include mobile voice, value-added, mobile data, Internet, wholesale, corporate roaming, fixed wireless, trunking and messaging services, as well as mobile voice and other related products. Fixed telecommunications services offered by the company include ISDN accesses, PSTN lines, public phone services, local, national, and international fixed-tomobile communications, corporate communications, supplementary value-added service, video telephony, intelligent network, and handset leasing and sales. It also offers broadband multimedia services, including Internet service provider, portal, network, wholesale broadband access and narrowband switched access. High-speed Internet via fibre to home is available as well as voice over Internet protocol. It also offers web hosting, application outsourcing, consultancy, system integration, professional services, as well as leased lines, virtual private networks, fiber optics and web hosting. The company also offers wholesale services to telecommunications operators. These include domestic interconnection, international wholesale services and leased lines, for other operators. It also provides local loop leasing and bit stream services. Wholesale line rental accesses and leased conduits for fiber deployment by other operators. It also offers video/TV services and smart connectivity, as well as consumer IoT products, financial and security services. The company also provides online telemedicine and home insurance as well as music streaming and consumer loans services. It was founded in Madrid, Spain in 1924.
Earnings Per Share
As for profitability, Telefonica has a trailing twelve months EPS of $0.289.
PE Ratio
Telefonica has a trailing twelve months price to earnings ratio of 11.19. Meaning, the purchaser of the share is investing $11.19 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 2.9%.Volume
Today's last reported volume for Telefonica is 1158480 which is 24.06% below its average volume of 1525580.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.8%, now sitting on 39.16B for the twelve trailing months.
3. Universal Corporation (UVV)
89.66% Payout Ratio
Universal Corporation supplies and processes leaf tobacco worldwide. It operates in two divisions, Tobacco Operations & Ingredients Operations. The company is responsible for procuring, financing and packing, storage, and shipping tobacco leaf to consumers. It contracts to purchase, process, and sell flue-cured, oriental, burley, or other tobaccos. These tobaccos are used primarily in the production of cigarettes. Dark air-cured tobaccos used mainly in the manufacturing of cigars, natural wrap cigars and cigarillos. The company also offers value-added services such as blending, chemical and physical testing tobacco, service cutting for different manufacturers, manufacturing reconstituted tobacco, just-in time inventory management, electronic nicotine delivery system, and customer smoke testing. The company also offers services such as testing for crop protection and other tobacco components in leaf, seed and finished products. It also provides analytical services, which include testing of chemical compounds in tobacco products. It also offers a variety of value-added manufacturing services to produce specialty vegetable- and fruit-based products for food and beverage markets. It was established in 1886, and its headquarters is in Richmond, Virginia.
Earnings Per Share
As for profitability, Universal Corporation has a trailing twelve months EPS of $3.48.
PE Ratio
Universal Corporation has a trailing twelve months price to earnings ratio of 13.23. Meaning, the purchaser of the share is investing $13.23 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 7.59%.Yearly Top and Bottom Value
Universal Corporation's stock is valued at $46.04 at 08:23 EST, way below its 52-week high of $64.13 and higher than its 52-week low of $45.96.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.8%, now sitting on 2.18B for the twelve trailing months.
4. Babson Capital Global Short Duration High Yield Fund (BGH)
51.3% Payout Ratio
Babson Capital Global Short Duration, High Yield Fund was launched by Barings LLC and is managed by the firm. Babson Capital Global Advisors Limited co-manages the fund. The fund invests in fixed-income markets around the world. It invests primarily in high-yield global bonds, loans, or other income-producing instruments, that have been rated below Baa3 (Moody's Investors Service, Inc.) at purchase, or below BBB (Standard & Poor's Ratings Services). The fund seeks securities that have a three-year average weighted portfolio. To create its portfolio, the fund uses bottom-up fundamental analyses. The fund benchmarks its performance against the Bank of America/Merrill Lynch Global Non Financial High Yield Constrained Indice. The former name of the fund was Babson Capital Global Short Duration high Yield Fund. Babson Capital Global Short Duration High Yield Fund, which was established on October 25, 2012, is based in the United States.
Yearly Top and Bottom Value
Babson Capital Global Short Duration High Yield Fund's stock is valued at $12.33 at 08:24 EST, way below its 52-week high of $17.49 and higher than its 52-week low of $11.91.
5. Gold Fields Limited (GFI)
31.66% Payout Ratio
Gold Fields Limited is a producer of gold with resources and reserves in Chile, South Africa Ghana, Australia and Peru. The company holds nine interests in operating mines that produce approximately 2.2 million gold equivalents per year. It also has approximately 51.3million ounces of gold mineral reserves and approximately 115.7million ounces of mineral resources. Copper mineral resources and copper reserves of 616 million pounds are also held by the company. Gold Fields Limited, which was established in Sandton in South Africa in 1887, is located in Sandton.
Earnings Per Share
As for profitability, Gold Fields Limited has a trailing twelve months EPS of $1.01.
PE Ratio
Gold Fields Limited has a trailing twelve months price to earnings ratio of 8.02. Meaning, the purchaser of the share is investing $8.02 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 22.49%.Yearly Top and Bottom Value
Gold Fields Limited's stock is valued at $8.10 at 08:24 EST, way under its 52-week high of $17.20 and way above its 52-week low of $7.03.