(VIANEWS) – Universal Health Realty Income Trust (UHT), Nuveen California Select Tax (NXC), NiSource (NI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.
1. Universal Health Realty Income Trust (UHT)
223.08% Payout Ratio
Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human-service related facilities including acute care hospitals, behavioral health care hospitals, specialty facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments or commitments in seventy-six properties located in twenty-one states.
Earnings Per Share
As for profitability, Universal Health Realty Income Trust has a trailing twelve months EPS of $1.3.
PE Ratio
Universal Health Realty Income Trust has a trailing twelve months price to earnings ratio of 35.82. Meaning, the purchaser of the share is investing $35.82 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 8.86%.
Volume
Today’s last reported volume for Universal Health Realty Income Trust is 118330 which is 98.61% above its average volume of 59579.
2. Nuveen California Select Tax (NXC)
66.25% Payout Ratio
Nuveen California Select Tax-Free Income Portfolio 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 California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen California Select Tax has a trailing twelve months EPS of $0.8.
PE Ratio
Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 17.35. Meaning, the purchaser of the share is investing $17.35 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 5.79%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.6%, now sitting on 3.7M for the twelve trailing months.
Yearly Top and Bottom Value
Nuveen California Select Tax’s stock is valued at $13.88 at 02:23 EST, under its 52-week high of $14.07 and way above its 52-week low of $11.86.
Moving Average
Nuveen California Select Tax’s worth is above its 50-day moving average of $13.56 and higher than its 200-day moving average of $13.20.
3. NiSource (NI)
63.19% Payout Ratio
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 859,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,800 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 486,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Earnings Per Share
As for profitability, NiSource has a trailing twelve months EPS of $1.63.
PE Ratio
NiSource has a trailing twelve months price to earnings ratio of 20.9. Meaning, the purchaser of the share is investing $20.9 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 9.13%.
Moving Average
NiSource’s value is higher than its 50-day moving average of $31.60 and way higher than its 200-day moving average of $28.26.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 10.5% and positive 7.5% for the next.
4. Kennametal (KMT)
58.39% Payout Ratio
Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. It operates through three segments: Industrial, Widia, and Infrastructure. The company offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. It also provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to general engineering, aerospace, energy, and transportation customers. In addition, the company produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide and specialty alloy powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. It provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national chain distributors; integrated supplier channels; and value added resellers, as well as through the Internet. Kennametal Inc. was founded in 1938 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, Kennametal has a trailing twelve months EPS of $1.37.
PE Ratio
Kennametal has a trailing twelve months price to earnings ratio of 18.35. Meaning, the purchaser of the share is investing $18.35 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 8.73%.
Yearly Top and Bottom Value
Kennametal’s stock is valued at $25.14 at 02:23 EST, below its 52-week high of $27.04 and way above its 52-week low of $22.08.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.3%, now sitting on 2.05B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 13, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.21%.
Previous days news about Kennametal (KMT)
- Reasons why you should hold kennametal stock in your portfolio now. According to Zacks on Wednesday, 18 September, "In fiscal 2024 (ended June 2024), Kennametal distributed dividends worth $63.4 million and repurchased shares worth $65.4 million. "
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.
