(VIANEWS) - Kansas City Life Insurance Company (KCLI), Nuveen (JPI), China Petroleum & Chemical (SNP) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio so far. 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. Kansas City Life Insurance Company (KCLI)
231.71% Payout Ratio
Kansas City Life Insurance Company and its affiliates operate as life insurance companies in the United States. The company operates in three distinct segments, Individual Insurance, Group Insurance and Old American. It offers annuities and universal, indexed universally variable, whole, term, return-of-premium, universal, whole, and universal insurance products. The company also offers group, vision and dental insurance, as well as individual accident and medical insurance products. It also distributes annuity and variable life products. Kansas City Life Insurance Company was established in 1895. It is located in Kansas City, Missouri.
Earnings Per Share
As for profitability, Kansas City Life Insurance Company has a trailing twelve months EPS of $0.41.
PE Ratio
Kansas City Life Insurance Company has a trailing twelve months price to earnings ratio of 70.76. Meaning, the purchaser of the share is investing $70.76 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 1.23%.2. Nuveen (JPI)
122.34% Payout Ratio
Nuveen Investments, Inc. launched the Nuveen Preferred and Income Term Fund, a closed-ended balanced mutual fund. Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC co-manage the fund. The fund invests in fixed and public equity markets around the world. It invests in stock of financial service companies such as banks, utilities, REITs and insurance companies. The fund invests primarily in preferred securities as well as other income-producing securities such debt securities, hybrid securities, or convertible securities. The fund has at least 60% investment grade assets. One of the internationally recognized statistical rating agencies has rated it BBB/Baa (or better). To create its portfolio, it uses both quantitative and fundamental analysis. Its focus is on fundamental credit research from the bottom up. It benchmarks its portfolio's performance against the Bank of America/Merrill Lynch Preferred Stock Fixed Rate Index. Nuveen Preferred and Income Term Fund, which was established on July 26, 2012 and is based in the United States.
Yearly Top and Bottom Value
Nuveen's stock is valued at $18.35 at 08:23 EST, way below its 52-week high of $25.99 and above its 52-week low of $18.26.
Volume
Today's last reported volume for Nuveen is 17598 which is 56.22% below its average volume of 40204.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 11, 2022, the estimated forward annual dividend rate is 1.57 and the estimated forward annual dividend yield is 7.64%.
3. China Petroleum & Chemical (SNP)
46.23% Payout Ratio
China Petroleum & Chemical Corporation is an energy and chemical corporation that engages in oil and gas operations and chemical operations both in Mainland China and Singapore. The company operates in five areas: Exploration, Production, Refining Marketing and Distribution Chemicals and Corporate and Other. It explores, develops, produces and processes crude oil and natural gases; refines crude oil; manufactures and markets petroleum products. The company also operates and owns oil service stations and depots. It distributes and markets refined petroleum products through both wholesale and retail channels. The company also manufactures and markets petrochemicals and their derivatives; as well as other chemicals such basic organic chemicals and synthetic resins. It is also involved in exploration, production, sale, and storage of natural gas. China Petroleum & Chemical Corporation was founded in 2000. It is located in Beijing, China. China Petroleum & Chemical Corporation (Chain Petrochemical Corporation) is a subsidiary.
Earnings Per Share
As for profitability, China Petroleum & Chemical has a trailing twelve months EPS of $9.
PE Ratio
China Petroleum & Chemical has a trailing twelve months price to earnings ratio of 5.07. Meaning, the purchaser of the share is investing $5.07 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 9.6%.Sales Growth
China Petroleum & Chemical's sales growth is 32.5% for the current quarter and 44% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 7, 2022, the estimated forward annual dividend rate is 7.07 and the estimated forward annual dividend yield is 15.07%.
Yearly Top and Bottom Value
China Petroleum & Chemical's stock is valued at $45.66 at 08:24 EST, way under its 52-week high of $55.03 and way above its 52-week low of $40.60.
4. Fulton Financial Corporation (FULT)
36.02% Payout Ratio
Fulton Financial Corporation is a financial holding firm that offers commercial and consumer banking products. The company accepts checking and savings deposits, certificates of deposit and individual retirement accounts. Secured consumer loans include home equity loans and personal lines of credit; automobile loans, checking account protection; construction and residential mortgage loans; commercial lending products that consist of commercial, industrial and construction loans as well as equipment leasing financing loans. It also offers letters of credit and cash management services. Wealth management services include investment management, trust brokerage, insurance and investment advisory. The company also owns trust preferred securities and passive investments. It also sells life insurance products. The company offers its services via traditional banking and telephone banking. There were branches throughout Pennsylvania, Maryland Delaware, New Jersey and Virginia. Fulton Financial Corporation was founded in 1882. It is located in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.61.
PE Ratio
Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 10.31. Meaning, the purchaser of the share is investing $10.31 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 10.52%.5. Natural Grocers by Vitamin Cottage (NGVC)
31.9% Payout Ratio
Together with its affiliates, Natural Grocers by Vitamin Cottage, Inc. sells organic and natural groceries and dietary supplements throughout the United States. It sells organic and natural grocery products such as bulk foods, organic produce, private label, dry, frozen and canned groceries, meat and seafood, dairy products and dairy substitutes, eggs, prepared food, bread and baked goods, beverages, beer, wine and hard cider. The company's retail stores sell private label dietary supplements, body care products that include cosmetics, skin and hair care, perfume, personal care products with natural and organic ingredients, pet care and food products, books, handouts and household merchandise such as paper products and dish and laundry detergents as well as common household items like diapers. It operates retail stores under its Natural Grocers by Vitamin Cottage brand. It had 159 retail stores across 20 states as of June 4, 2020. Natural Grocers by Vitamin Cottage, Inc. is an American company that was established in Lakewood, Colorado in 1955.
Earnings Per Share
As for profitability, Natural Grocers by Vitamin Cottage has a trailing twelve months EPS of $1.16.
PE Ratio
Natural Grocers by Vitamin Cottage has a trailing twelve months price to earnings ratio of 9.3. Meaning, the purchaser of the share is investing $9.3 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 18.06%.Earnings Before Interest, Taxes, Depreciation, and Amortization
Natural Grocers by Vitamin Cottage's EBITDA is 57.07.
Yearly Top and Bottom Value
Natural Grocers by Vitamin Cottage's stock is valued at $10.79 at 08:24 EST, way below its 52-week high of $24.25 and above its 52-week low of $10.50.