(VIANEWS) – AllianzGI Convertible & Income Fund (NCV), MFS Intermediate Income Trust (MIN), Nuveen Municipal Income Fund (NMI) are the highest payout ratio stocks on this list.
We have collected 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 issue 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. AllianzGI Convertible & Income Fund (NCV)
462.78% Payout Ratio
Virtus Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities with a broad range of maturities, with a weighted average maturity ranging between five to ten years. The fund employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund. Virtus Convertible & Income Fund was formed on March 31, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, AllianzGI Convertible & Income Fund has a trailing twelve months EPS of $0.09.
PE Ratio
AllianzGI Convertible & Income Fund has a trailing twelve months price to earnings ratio of 36. Meaning, the purchaser of the share is investing $36 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 1.88%.
Volume
Today’s last reported volume for AllianzGI Convertible & Income Fund is 1003820 which is 74.54% above its average volume of 575098.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.4%, now sitting on 24.59M for the twelve trailing months.
2. MFS Intermediate Income Trust (MIN)
314.88% Payout Ratio
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S. Government/Credit and MFS Intermediate Income Trust Blended Index. MFS Intermediate Income Trust was formed on March 17, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, MFS Intermediate Income Trust has a trailing twelve months EPS of $0.08.
PE Ratio
MFS Intermediate Income Trust has a trailing twelve months price to earnings ratio of 32.88. Meaning, the purchaser of the share is investing $32.88 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 2.91%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 9.29%.
3. Nuveen Municipal Income Fund (NMI)
126.72% 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 $0.29.
PE Ratio
Nuveen Municipal Income Fund has a trailing twelve months price to earnings ratio of 32.79. Meaning, the purchaser of the share is investing $32.79 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 3.15%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.43 and the estimated forward annual dividend yield is 4.54%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.5%, now sitting on 4.5M for the twelve trailing months.
Volume
Today’s last reported volume for Nuveen Municipal Income Fund is 5668 which is 75.73% below its average volume of 23360.
4. MV Oil Trust Units of Beneficial Interests (MVO)
100% Payout Ratio
MV Oil Trust acquires and holds term net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 860 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was incorporated in 2006 and is based in Houston, Texas.
Earnings Per Share
As for profitability, MV Oil Trust Units of Beneficial Interests has a trailing twelve months EPS of $1.51.
PE Ratio
MV Oil Trust Units of Beneficial Interests has a trailing twelve months price to earnings ratio of 6. Meaning, the purchaser of the share is investing $6 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 302.01%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 18.44M for the twelve trailing months.
Yearly Top and Bottom Value
MV Oil Trust Units of Beneficial Interests’s stock is valued at $9.06 at 14:23 EST, way below its 52-week high of $13.95 and above its 52-week low of $8.42.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 16.56%.
Volume
Today’s last reported volume for MV Oil Trust Units of Beneficial Interests is 15450 which is 71.31% below its average volume of 53852.
5. Aberdeen Japan Equity Fund (JEQ)
89.13% 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 $0.46.
PE Ratio
Aberdeen Japan Equity Fund has a trailing twelve months price to earnings ratio of 12.54. Meaning, the purchaser of the share is investing $12.54 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 7.45%.
Yearly Top and Bottom Value
Aberdeen Japan Equity Fund ‘s stock is valued at $5.77 at 14:23 EST, under its 52-week high of $6.39 and way higher than its 52-week low of $4.99.
6. Superior Group of Companies (SGC)
77.78% Payout Ratio
Superior Group of Companies, Inc. manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products. The Uniforms and Related Products segment manufactures and sells a range of uniforms, corporate identity apparel, career apparel, and accessories for personnel of hospitals and healthcare facilities; hotels; food and other restaurants; retail stores; special purpose industrial facilities; commercial markets; transportation; public and private safety and security organizations; and miscellaneous service uses. It also provides various products directly related to uniforms and service apparel; industrial laundry bags for linen suppliers and industrial launderers; personal protective equipment; and promotional and related products for branded marketing programs, corporate awards, incentives and recognition programs, event promotions, employee and consumer rewards and incentives, and specialty packaging and displays. This segment sells its products under the Fashion Seal Healthcare, HPI, and WonderWink brand names. The Remote Staffing Solutions segment provides multilingual telemarketing and business process outsourced solutions through the recruitment and employment of qualified English-speaking agents. The Promotional Products segment produces and sells promotional products and other branded merchandise under the BAMKO, Public Identity, Tangerine, Gifts by Design, and Sutter's Mill brands to corporate clients and universities. The company was formerly known as Superior Uniform Group, Inc. and changed its name to Superior Group of Companies, Inc. in May 2018. Superior Group of Companies, Inc. was founded in 1920 and is headquartered in Seminole, Florida.
Earnings Per Share
As for profitability, Superior Group of Companies has a trailing twelve months EPS of $0.72.
PE Ratio
Superior Group of Companies has a trailing twelve months price to earnings ratio of 26.32. Meaning, the purchaser of the share is investing $26.32 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 6%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.2%, now sitting on 551.37M for the twelve trailing months.
Moving Average
Superior Group of Companies’s value is above its 50-day moving average of $18.67 and way higher than its 200-day moving average of $13.72.
Yearly Top and Bottom Value
Superior Group of Companies’s stock is valued at $18.95 at 14:23 EST, way below its 52-week high of $21.80 and way higher than its 52-week low of $7.36.
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%.
