(VIANEWS) – Nuveen (JPC), Nuveen Municipal Income Fund (NMI), United Bankshares (UBSI) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up until now. 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. Nuveen (JPC)
1805% Payout Ratio
Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in preferred securities, dividend paying stocks of companies, and corporate and taxable municipal debt securities which are rated BBB/Baa or better by S&P, Moody's, or Fitch. The fund employs fundamental analysis with a top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the BofA/Merrill Lynch Preferred Stock Fixed Rate Index and the JPC Blended Index which is comprised of 82.5% BofA/Merrill Lynch Preferred Stock Fixed Rate Index and 17.5% Barclays Capital Securities Index. The fund was formerly known as Nuveen Preferred Income Opportunities Fund. Nuveen Preferred & Income Opportunities Fund was formed on March 26, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen has a trailing twelve months EPS of $0.03.
PE Ratio
Nuveen has a trailing twelve months price to earnings ratio of 251. Meaning, the purchaser of the share is investing $251 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 9.42%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 10.6%.
Volume
Today’s last reported volume for Nuveen is 2259010 which is 148.29% above its average volume of 909824.
2. Nuveen Municipal Income Fund (NMI)
88.33% 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 $0.45.
PE Ratio
Nuveen Municipal Income Fund has a trailing twelve months price to earnings ratio of 22.24. Meaning, the purchaser of the share is investing $22.24 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 4.39%.
3. United Bankshares (UBSI)
55.47% Payout Ratio
United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, credit card, commercial, and floor plan loans; and credit card and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. As of January 28, 2021, the company operated 230 offices in West Virginia, Virginia, Ohio, Pennsylvania, Maryland, North Carolina, South Carolina, Georgia, and Washington, D.C. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.
Earnings Per Share
As for profitability, United Bankshares has a trailing twelve months EPS of $2.65.
PE Ratio
United Bankshares has a trailing twelve months price to earnings ratio of 14.75. Meaning, the purchaser of the share is investing $14.75 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 7.56%.
Moving Average
United Bankshares’s worth is way higher than its 50-day moving average of $33.42 and way higher than its 200-day moving average of $33.77.
4. Village Bank and Trust Financial Corp. (VBFC)
40.94% Payout Ratio
Village Bank and Trust Financial Corp. primarily operates as the bank holding company for Village Bank that provides banking and related financial products and services to small and medium sized businesses, professionals, and individuals. It operates in two segments, Traditional Commercial Banking and Mortgage Banking. The company accepts checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and other depository services. It also provides secured and unsecured commercial business loans for various purposes, such as funding working capital needs, business expansion, and purchase of equipment and machinery; loans for acquiring, developing, constructing, and owning commercial real estate properties; and secured and unsecured consumer loans for financing automobiles, home improvements, education, and personal investments, as well as originates mortgage loans, real estate construction loans, and acquisition loans for sale in the secondary market. In addition, the company offers online banking, mobile banking, and remote deposit capture services for business clients. It provides its products and services through nine full-service branch banking offices and a mortgage loan production office in Central Virginia in the counties of Chesterfield, Hanover, Henrico, Powhatan, and James City. Village Bank and Trust Financial Corp. was founded in 1999 and is headquartered in Midlothian, Virginia.
Earnings Per Share
As for profitability, Village Bank and Trust Financial Corp. has a trailing twelve months EPS of $1.71.
PE Ratio
Village Bank and Trust Financial Corp. has a trailing twelve months price to earnings ratio of 27.37. Meaning, the purchaser of the share is investing $27.37 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 3.82%.
Moving Average
Village Bank and Trust Financial Corp.’s worth is higher than its 50-day moving average of $46.53 and way above its 200-day moving average of $42.49.
Yearly Top and Bottom Value
Village Bank and Trust Financial Corp.’s stock is valued at $46.80 at 14:23 EST, under its 52-week high of $48.95 and way above its 52-week low of $36.08.
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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
