(VIANEWS) – CrossAmerica Partners LP (CAPL), Nuveen Floating Rate Income Fund (JFR), Standard Register Company (SR) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio as yet. 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 researching 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. CrossAmerica Partners LP (CAPL)
344.26% Payout Ratio
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of March 1, 2021, the company distributed fuel to approximately 1,700 locations; and owned or leased approximately 1,100 sites. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. CrossAmerica Partners LP was founded in 1992 and is based in Allentown, Pennsylvania.
Earnings Per Share
As for profitability, CrossAmerica Partners LP has a trailing twelve months EPS of $0.61.
PE Ratio
CrossAmerica Partners LP has a trailing twelve months price to earnings ratio of 32.92. Meaning, the purchaser of the share is investing $32.92 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 96.83%.
Moving Average
CrossAmerica Partners LP’s value is below its 50-day moving average of $22.01 and below its 200-day moving average of $21.83.
2. Nuveen Floating Rate Income Fund (JFR)
106.32% Payout Ratio
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Floating Rate Income Fund has a trailing twelve months EPS of $0.91.
PE Ratio
Nuveen Floating Rate Income Fund has a trailing twelve months price to earnings ratio of 9.55. Meaning, the purchaser of the share is investing $9.55 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 negative -2.97%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 11.68%.
Yearly Top and Bottom Value
Nuveen Floating Rate Income Fund’s stock is valued at $8.69 at 14:23 EST, under its 52-week high of $8.83 and way higher than its 52-week low of $7.61.
Volume
Today’s last reported volume for Nuveen Floating Rate Income Fund is 547311 which is 2.54% above its average volume of 533709.
3. Standard Register Company (SR)
73.75% Payout Ratio
Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas. In addition, the company engages in the operation of propane through its propane pipeline, risk management, and other activities. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in Saint Louis, Missouri.
Earnings Per Share
As for profitability, Standard Register Company has a trailing twelve months EPS of $4.
PE Ratio
Standard Register Company has a trailing twelve months price to earnings ratio of 14.99. Meaning, the purchaser of the share is investing $14.99 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 7.42%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.5%, now sitting on 2.61B for the twelve trailing months.
Yearly Top and Bottom Value
Standard Register Company’s stock is valued at $59.96 at 14:23 EST, way below its 52-week high of $68.04 and way higher than its 52-week low of $53.77.
Volume
Today’s last reported volume for Standard Register Company is 226142 which is 36.09% below its average volume of 353879.
Sales Growth
Standard Register Company’s sales growth is negative 45.6% for the current quarter and negative 23.6% for the next.
4. BP (BP)
52.59% Payout Ratio
BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. The company was founded in 1908 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, BP has a trailing twelve months EPS of $5.15.
PE Ratio
BP has a trailing twelve months price to earnings ratio of 7.66. Meaning, the purchaser of the share is investing $7.66 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 11.47%.
Yearly Top and Bottom Value
BP’s stock is valued at $39.44 at 14:23 EST, under its 52-week high of $40.84 and way higher than its 52-week low of $33.52.
Previous days news about BP (BP)
- BP and EOG resources to develop major trinidad gas field by 2026. According to Zacks on Tuesday, 28 May, "Regarding the Coconut JV, BP is working with EOG to secure regulatory approvals and finalize commercial agreements.", "This output is expected to supply Trinidad’s premier liquefied natural gas (LNG) facility, Atlantic LNG, wherein BP and Shell hold a 45% equity stake each."
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%.
