(VIANEWS) – Nordic American Tankers Limited (NAT), Blackrock MuniYield Quality Fund (MQY), Tortoise Pipeline & Energy Fund (TTP) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee 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. Nordic American Tankers Limited (NAT)
143.75% Payout Ratio
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.32.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 12.41. Meaning, the purchaser of the share is investing $12.41 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 12.33%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 38.5% and positive 175% for the next.
Yearly Top and Bottom Value
Nordic American Tankers Limited’s stock is valued at $3.97 at 02:23 EST, way under its 52-week high of $4.83 and way above its 52-week low of $3.58.
2. Blackrock MuniYield Quality Fund (MQY)
137.93% Payout Ratio
BlackRock MuniYield Quality Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities. BlackRock MuniYield Quality Fund, Inc. was formed on July 21, 1992 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniYield Quality Fund has a trailing twelve months EPS of $0.41.
PE Ratio
Blackrock MuniYield Quality Fund has a trailing twelve months price to earnings ratio of 30.07. Meaning, the purchaser of the share is investing $30.07 for every dollar of annual earnings.
Volume
Today’s last reported volume for Blackrock MuniYield Quality Fund is 92615 which is 29.39% below its average volume of 131180.
Moving Average
Blackrock MuniYield Quality Fund’s value is above its 50-day moving average of $12.08 and higher than its 200-day moving average of $11.71.
Yearly Top and Bottom Value
Blackrock MuniYield Quality Fund’s stock is valued at $12.33 at 02:23 EST, under its 52-week high of $12.52 and way higher than its 52-week low of $9.82.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 5.64%.
3. Tortoise Pipeline & Energy Fund (TTP)
106.79% Payout Ratio
Tortoise Pipeline & Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Pipeline & Energy Fund, Inc. was formed on July 19, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, Tortoise Pipeline & Energy Fund has a trailing twelve months EPS of $2.21.
PE Ratio
Tortoise Pipeline & Energy Fund has a trailing twelve months price to earnings ratio of 16.54. Meaning, the purchaser of the share is investing $16.54 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 6.07%.
Moving Average
Tortoise Pipeline & Energy Fund’s worth is above its 50-day moving average of $33.99 and way higher than its 200-day moving average of $30.09.
4. Eagle Point Credit Company (ECC)
96.55% Payout Ratio
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.75.
PE Ratio
Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 5.77. Meaning, the purchaser of the share is investing $5.77 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 19.19%.
Moving Average
Eagle Point Credit Company’s worth is below its 50-day moving average of $10.15 and higher than its 200-day moving average of $9.90.
Volume
Today’s last reported volume for Eagle Point Credit Company is 969633 which is 21.77% above its average volume of 796237.
5. Nuveen Global High Income Fund (JGH)
94.12% Payout Ratio
Nuveen Global High Income Fund 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 fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S. high-yield bonds from developed and emerging markets, corporate debt securities, U.S. and foreign government debt securities, mortgage and asset-backed securities, preferred securities, secured and unsecured loans, and convertible debt securities. It seeks to invest in below investment grade securities rated BB/Ba or lower. The fund uses a diversified global high-income strategy, which blends high-yield bonds and other income producing securities from around the world, and across the capital structure and credit spectrum, to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Global High Yield Index. Nuveen Global High Income Fund was formed on August 5, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Global High Income Fund has a trailing twelve months EPS of $1.82.
PE Ratio
Nuveen Global High Income Fund has a trailing twelve months price to earnings ratio of 7.05. Meaning, the purchaser of the share is investing $7.05 for every dollar of annual earnings.
Yearly Top and Bottom Value
Nuveen Global High Income Fund’s stock is valued at $12.84 at 02:23 EST, under its 52-week high of $13.10 and way higher than its 52-week low of $10.36.
Volume
Today’s last reported volume for Nuveen Global High Income Fund is 13268 which is 68.08% below its average volume of 41577.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 11.93%.
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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
