(VIANEWS) – Nuveen Municipal Income Fund (NMI), Kulicke and Soffa Industries (KLIC), Eaton Vance Tax (ETY) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio so far. 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 investigating 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 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 22.34. Meaning, the purchaser of the share is investing $22.34 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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2024, the estimated forward annual dividend rate is 0.46 and the estimated forward annual dividend yield is 4.54%.
Yearly Top and Bottom Value
Nuveen Municipal Income Fund’s stock is valued at $10.06 at 08:23 EST, below its 52-week high of $10.30 and way higher than its 52-week low of $8.30.
Volume
Today’s last reported volume for Nuveen Municipal Income Fund is 31373 which is 44.44% above its average volume of 21719.
2. Kulicke and Soffa Industries (KLIC)
85.56% Payout Ratio
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment. It also services, maintains, repairs, and upgrades equipment. The company serves semiconductor device manufacturers, integrated device manufacturers, outsourced semiconductor assembly and test providers, other electronics manufacturers, industrial manufacturers, foundry service providers, and automotive electronics suppliers primarily in the United States and the Asia/Pacific region. The company was founded in 1951 and is headquartered in Fort Washington, Pennsylvania.
Earnings Per Share
As for profitability, Kulicke and Soffa Industries has a trailing twelve months EPS of $-1.05.
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 -5.39%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 31.4% and positive 10% for the next.
Volume
Today’s last reported volume for Kulicke and Soffa Industries is 44945 which is 91.75% below its average volume of 545262.
Sales Growth
Kulicke and Soffa Industries’s sales growth is negative 11% for the present quarter and 4.3% for the next.
3. Eaton Vance Tax (ETY)
76.3% Payout Ratio
Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying stocks of companies. It also writes S&P 500 Index call options with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. The Fund also normally invests in issuers located in at least three countries including the United States. It also invests through derivatives. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 80% S&P 500 Index and 20% FTSE Eurotop 100 Index. Eaton Vance Tax-Managed Diversified Equity Income Fund was formed on November 30, 2006 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $2.5.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 5.89. Meaning, the purchaser of the share is investing $5.89 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 11.01%.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $14.72 at 08:23 EST, under its 52-week high of $14.92 and way higher than its 52-week low of $10.59.
Moving Average
Eaton Vance Tax’s value is higher than its 50-day moving average of $14.26 and above its 200-day moving average of $13.52.
Volume
Today’s last reported volume for Eaton Vance Tax is 18780 which is 93.16% below its average volume of 274628.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.8%, now sitting on 28.99M for the twelve trailing months.
4. Silicon Motion Technology Corporation (SIMO)
63.83% Payout Ratio
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.
Earnings Per Share
As for profitability, Silicon Motion Technology Corporation has a trailing twelve months EPS of $2.35.
PE Ratio
Silicon Motion Technology Corporation has a trailing twelve months price to earnings ratio of 25.41. Meaning, the purchaser of the share is investing $25.41 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 10.17%.
5. Amdocs Limited (DOX)
42.02% Payout Ratio
Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers. It also offers AI-powered, cloud-native, and home operating systems; data intelligence solutions and applications; end-to-end application development and maintenance services; and ongoing maintenance services. In addition, the company provides a line of services designed for various stages of a service provider's lifecycle includes consulting, delivery, quality engineering, operations, systems integration, network services, experience-driven services, data, cloud, and content services; managed services comprising application development, modernization and maintenance, IT and infrastructure services, testing and professional services that are designed to assist customers in the selection, implementation, operation, management, and maintenance of IT systems. It serves to the communications, entertainment, and media industry service providers, as well as mobile virtual network operators. Amdocs Limited was founded in 1988 and is headquartered in Saint Louis, Missouri.
Earnings Per Share
As for profitability, Amdocs Limited has a trailing twelve months EPS of $4.35.
PE Ratio
Amdocs Limited has a trailing twelve months price to earnings ratio of 20.27. Meaning, the purchaser of the share is investing $20.27 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 14.22%.
Volume
Today’s last reported volume for Amdocs Limited is 429509 which is 29.29% below its average volume of 607504.
Yearly Top and Bottom Value
Amdocs Limited’s stock is valued at $88.19 at 08:23 EST, below its 52-week high of $94.04 and way higher than its 52-week low of $74.41.
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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
