(VIANEWS) - Stellus Capital Investment Corporation (SCM), Nuveen New York Select Tax (NXN), Verizon (VZ) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio as yet. 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. Stellus Capital Investment Corporation (SCM)
73.01% Payout Ratio
Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada. The fund seeks to invest in companies with an EBITDA between $5 million and $50 million.
Earnings Per Share
As for profitability, Stellus Capital Investment Corporation has a trailing twelve months EPS of $1.52.
PE Ratio
Stellus Capital Investment Corporation has a trailing twelve months price to earnings ratio of 9. Meaning, the purchaser of the share is investing $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 7.51%.2. Nuveen New York Select Tax (NXN)
71.92% Payout Ratio
Nuveen New York 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 New York. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds with an average credit quality of Baa/BBB or better. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital New York Municipal Bond Index and S&P New York Municipal Bond Index. Nuveen New York 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 New York Select Tax has a trailing twelve months EPS of $0.61.
PE Ratio
Nuveen New York Select Tax has a trailing twelve months price to earnings ratio of 19.28. Meaning, the purchaser of the share is investing $19.28 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.4%, now sitting on 1.84M for the twelve trailing months.
Volume
Today's last reported volume for Nuveen New York Select Tax is 8692 which is 50.06% above its average volume of 5792.
Yearly Top and Bottom Value
Nuveen New York Select Tax's stock is valued at $11.76 at 19:23 EST, way under its 52-week high of $14.31 and higher than its 52-week low of $10.75.
3. Verizon (VZ)
51.41% Payout Ratio
Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Verizon has a trailing twelve months EPS of $4.56.
PE Ratio
Verizon has a trailing twelve months price to earnings ratio of 8.41. Meaning, the purchaser of the share is investing $8.41 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 26.24%.Revenue Growth
Year-on-year quarterly revenue growth grew by 0.1%, now sitting on 134.33B for the twelve trailing months.
Yearly Top and Bottom Value
Verizon's stock is valued at $38.38 at 19:23 EST, under its 52-week low of $39.11.
Volume
Today's last reported volume for Verizon is 15424700 which is 33.64% below its average volume of 23244600.
Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is a negative 1.5% and a negative 2.1%, respectively.4. International Bancshares Corporation (IBOC)
34.19% Payout Ratio
International Bancshares Corporation, a multibank financial holding company, provides commercial and retail banking services. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services. In addition, it offers other banking related services, such as credit cards and safety deposit boxes; collection, notary public, escrow, drive up and walk up facilities, and other customary banking services; and Internet banking services, as well as securities products through third party providers. As of June 30, 2020, the company had 188 branch facilities and 284 ATMs serving 88 communities in Texas and Oklahoma. International Bancshares Corporation was founded in 1966 and is headquartered in Laredo, Texas.
Earnings Per Share
As for profitability, International Bancshares Corporation has a trailing twelve months EPS of $2.62.
PE Ratio
International Bancshares Corporation has a trailing twelve months price to earnings ratio of 19.6. Meaning, the purchaser of the share is investing $19.6 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 10.16%.Volume
Today's last reported volume for International Bancshares Corporation is 207726 which is 22.74% below its average volume of 268890.
Moving Average
International Bancshares Corporation's worth is way above its 50-day moving average of $44.97 and way higher than its 200-day moving average of $42.63.Yearly Top and Bottom Value
International Bancshares Corporation's stock is valued at $51.36 at 19:23 EST, under its 52-week high of $52.05 and way higher than its 52-week low of $38.00.
5. Manulife Financial (MFC)
32.82% Payout Ratio
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; And Corporate and Other segments. The Wealth and Asset Management Businesses segment provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life, annuity, long-term care, and financial reinsurance; and fund management businesses. Additionally, the company holds and manages provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Manulife Financial has a trailing twelve months EPS of $2.39.
PE Ratio
Manulife Financial has a trailing twelve months price to earnings ratio of 7.39. Meaning, the purchaser of the share is investing $7.39 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 13.2%.Volume
Today's last reported volume for Manulife Financial is 2443620 which is 29.8% below its average volume of 3481370.