(VIANEWS) - Pimco Corporate & Income Strategy Fund (PCN), Mesabi Trust (MSB), WD-40 Company (WDFC) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio so far. 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 distribute 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. Pimco Corporate & Income Strategy Fund (PCN)
160.71% Payout Ratio
PIMCO Corporate and Income Strategy Fund, a closed-ended mutual fund that provides fixed income is managed by Allianz Global Investors Fund Management LLC. Pacific Investment Management Company LLC co-manages the fund. The fund invests in fixed income markets within the United States. It invests in securities from companies operating across diverse sectors. The fund invests in fixed-income securities like treasury bonds and corporate notes. It also holds U.S. securities agency securities. To create its portfolio, the fund combines fundamental analysis and a top-down selection process for security. Formerly known as PIMCO Corporation Income Fund, the fund is now called PIMCO Corporate Income. PIMCO Corporate Income Strategy Fund was established on October 17, 2001. It is based in the United States.
Earnings per Share
Pimco Corporate & Income Strategy Fund's trailing 12 months EPS is $0.84.
PE Ratio
Pimco Corporate & Income Strategy Fund's trailing 12-month price-to-earnings ratio is 14.7 The purchaser of the shares is thus investing $14.7 per dollar in annual earnings.
Annual Top and Bottom Value
Pimco Corporate & Income Strategy Fund stock was valued at $12.35 as of 07:23 EST. This is lower than its 52 week high of $18.22, and higher than its 52-week low at $11.67.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.9%, now sitting on 59.03M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 9, 2022, the estimated forward annual dividend rate is 1.35 and the estimated forward annual dividend yield is 10.93%.
Volume
Today's last reported volume for Pimco Corporate & Income Strategy Fund is 67272 which is 41.54% below its average volume of 115090.
2. Mesabi Trust (MSB)
157.12% Payout Ratio
Mesabi Trust, a royalty trust, engages in the iron ore mining business in the United States. The company was founded in 1961 and is based in New York, New York.
Earnings Per Share
As for profitability, Mesabi Trust has a trailing twelve months EPS of $1.78.
PE Ratio
Mesabi Trust has a trailing twelve months price to earnings ratio of 11.76. Meaning, the purchaser of the share is investing $11.76 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 156.73%.Moving Average
Mesabi Trust's value is higher than its $50.97 moving average and lower than its $200.98 moving average.Yearly Top and Bottom Value
Mesabi Trust's stock is valued at $20.98 at 07:24 EST, way under its 52-week high of $35.65 and way higher than its 52-week low of $16.56.
3. WD-40 Company (WDFC)
62.45% Payout Ratio
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also provides multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name. In addition, the company offers automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and liquid mildew stain removers and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, WD-40 Company has a trailing twelve months EPS of $4.9.
PE Ratio
WD-40 Company has a trailing twelve months price to earnings ratio of 34.18. Meaning, the purchaser of the share is investing $34.18 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 34.62%.Volume
The current volume reported by WD-40 Company for today is 175898, which is 69.32% higher than its average volume (103881).
Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on October 19, 2022. The forward dividend rate for 2020 is estimated at 3.12, and the forward dividend yield at 1.81%.
4. RPM International (RPM)
39.41% Payout Ratio
RPM International Inc. produces and sells specialty chemicals worldwide. RPM International Inc. manufactures and sells specialty chemicals for the industrial, special, and consumer markets. You can also find polymer flooring, fiberglass reinforced plastic shapes, corrosion-control coatings, containment liner, soundproofing and insulation products. In addition, it offers fluorescent colorants and pigments; shellac-based-specialty and marine coatings; fire and water damage restoration, and carpet cleaning and disinfecting products; fuel additives; wood treatments, furniture finishes, and touch-up products; and nail enamels, polishes, and coating components. It also offers specialty products to DIYers and paint contractors, such as deck and fence restoration products and metallic and faux finishes coatings. Exterior wood deck and concrete restoration system, flooring finishes and hobby paints are all available. It was established in 1947 in Medina Ohio.
Earnings Per Share
As for profitability, RPM International has a trailing twelve months EPS of $4.06.
PE Ratio
RPM International has a trailing twelve months price to earnings ratio of 25.51. Meaning, the purchaser of the share is investing $25.51 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 27.82%.Earnings before Interest, Taxes and Depreciation
RPM International's EBITDA stands at 2.27.
5. Yum! (YUM)
37.64% Payout Ratio
YUM! Brands, Inc., along with its subsidiaries, creates, manages, and franchises fast-food restaurants around the world. The company operates in four divisions: KFC Division; Taco Bell Division; Pizza Hut Division; and Habit Burger Grill Division. The restaurant chain operates under The Habit Burger Grill, Pizza Hut and Taco Bell brands. These restaurants specialize in Mexican food, chicken, pizza and made-to order chargrilled hamburgers. It had approximately 26934 KFC and 18,381 Pizza Hut and 7,791 Taco Bell restaurants. There were also 318 Habit Burger Grill locations in 157 countries. YUM! was formerly TRICON Global restaurants, Inc. Brands, Inc. was established in May 2002. YUM! Brands, Inc. was founded in 1997. It is located in Louisville, Kentucky.
Earnings Per Share
As for profitability, Yum! has a trailing twelve months EPS of $3.74.
PE Ratio
Yum! has a trailing twelve months price to earnings ratio of 34.46. Meaning, the purchaser of the share is investing $34.46 for every dollar of annual earnings.
Yearly Top and Bottom Value
Yum!'s stock is valued at $128.86 at 07:27 EST, under its 52-week high of $139.85 and way higher than its 52-week low of $103.97.