(VIANEWS) – Nuveen Municipal Income Fund (NMI), Rollins (ROL), Sun Life Financial (SLF) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Nuveen Municipal Income Fund (NMI)
696% Payout Ratio
Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations issued by state and local government authorities. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.
Earnings Per Share
As for profitability, Nuveen Municipal Income Fund has a trailing twelve months EPS of $0.05.
PE Ratio
Nuveen Municipal Income Fund has a trailing twelve months price to earnings ratio of 178.54. Meaning, the purchaser of the share is investing $178.54 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 0.61%.
Moving Average
Nuveen Municipal Income Fund’s value is higher than its 50-day moving average of $8.67 and under its 200-day moving average of $9.24.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 4.27%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 4.41M for the twelve trailing months.
2. Rollins (ROL)
62.65% Payout Ratio
Rollins, Inc., through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife. It also provides workplace pest control solutions for customers across various end markets, such as healthcare, foodservice, and logistics. In addition, the company offers termite protection services and ancillary services. It serves clients directly, as well as through franchisee operations. Rollins, Inc. was incorporated in 1948 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Rollins has a trailing twelve months EPS of $0.83.
PE Ratio
Rollins has a trailing twelve months price to earnings ratio of 47.77. Meaning, the purchaser of the share is investing $47.77 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 35.7%.
3. Sun Life Financial (SLF)
57.83% Payout Ratio
Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company provides financial advice, asset management, and investments related products. It is also involved in mutual fund and investment management businesses. Sun Life Financial Inc was founded in 1871 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Sun Life Financial has a trailing twelve months EPS of $4.57.
PE Ratio
Sun Life Financial has a trailing twelve months price to earnings ratio of 11. Meaning, the purchaser of the share is investing $11 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%.
Previous days news about Sun Life Financial (SLF)
- According to Zacks on Tuesday, 14 November, "Sun Life Financial Inc. price-consensus-eps-surprise-chart | Sun Life Financial Inc. Quote"
4. Blackrock Capital and Income Fund (CII)
42.04% Payout Ratio
BlackRock Enhanced Capital and Income Fund, Inc. is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It also invests through derivatives, with an emphasis on writing call options. The fund was formerly known as Capital & Income Strategies Fund, Inc. BlackRock Enhanced Capital and Income Fund, Inc. was formed on April 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Capital and Income Fund has a trailing twelve months EPS of $2.84.
PE Ratio
Blackrock Capital and Income Fund has a trailing twelve months price to earnings ratio of 6.26. Meaning, the purchaser of the share is investing $6.26 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 15.15%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 1.19 and the estimated forward annual dividend yield is 6.71%.
Yearly Top and Bottom Value
Blackrock Capital and Income Fund’s stock is valued at $17.79 at 04:23 EST, under its 52-week high of $19.39 and above its 52-week low of $16.41.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.3%, now sitting on 10.38M for the twelve trailing months.
5. Cummins (CMI)
35.16% Payout Ratio
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Earnings Per Share
As for profitability, Cummins has a trailing twelve months EPS of $19.62.
PE Ratio
Cummins has a trailing twelve months price to earnings ratio of 11.38. Meaning, the purchaser of the share is investing $11.38 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 24.71%.
Moving Average
Cummins’s worth is below its 50-day moving average of $229.36 and under its 200-day moving average of $235.83.
Volume
Today’s last reported volume for Cummins is 164776 which is 78.75% below its average volume of 775706.
6. Aberdeen Japan Equity Fund (JEQ)
32.68% Payout Ratio
Aberdeen Japan Equity Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio. The fund employs a quantitative analysis to create its portfolio. It benchmarks the performance of its portfolio against the TOPIX Index. The fund was previously known as Japan Equity Fund, Inc. Aberdeen Japan Equity Fund, Inc. was formed on July 12, 1990 and is domiciled in the United States.
Earnings Per Share
As for profitability, Aberdeen Japan Equity Fund has a trailing twelve months EPS of $-0.07.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.98%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 22%, now sitting on 1.73M for the twelve trailing months.
Moving Average
Aberdeen Japan Equity Fund ‘s value is under its 50-day moving average of $5.36 and under its 200-day moving average of $5.58.
Yearly Top and Bottom Value
Aberdeen Japan Equity Fund ‘s stock is valued at $5.36 at 04:23 EST, way below its 52-week high of $6.29 and higher than its 52-week low of $4.99.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
