(VIANEWS) - Virtus Global Multi (VGI), Nuveen Short Duration Credit Opportunities Fund (JSD), Entergy Corporation (ETR) are the highest payout ratio stocks on this list.
We have gathered information regarding 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 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. Virtus Global Multi (VGI)
530% Payout Ratio
Virtus Investment Partners, Inc. launched the Virtus Global Multisector Income Fund as a closed-ended fixed income mutual fund. Virtus Investment Advisers, Inc., and Newfleet Asset Management, LLC co-manage the fund. The fund invests in fixed-income markets around the world. It invests in high-yield and investment-grade debt instruments, as well as bank, corporate and bank loans. The average maturity of securities it invests in is three years, plus or minus the Barclays Global AGgregate Bond Index. To create its portfolio, the fund uses fundamental analysis. It employs a top down and bottom up stock picking approach. The fund also considers factors like yield and spreads as well as supply and demand. The fund seeks to compare its portfolio's performance against the Barclays Global AGgregate Bond Index. Formerly known as Virtus-Newfleet Global Multi-Sector Income Fund, the fund is now called Virtus-Newfleet Global Multi-Sector Income Fund. Virtus Global Multisector Income Fund was established on February 23rd 2012, and it is based in the United States.
Yearly Top and Bottom Value
Virtus Global Multi's stock is valued at $7.48 at 02:23 EST, way under its 52-week high of $12.07 and above its 52-week low of $7.46.
Moving Average
Virtus Global Multi's value is way under its 50-day moving average of $8.34 and way below its 200-day moving average of $9.26.Volume
Today's last reported volume for Virtus Global Multi is 54739 which is 29.43% above its average volume of 42290.
2. Nuveen Short Duration Credit Opportunities Fund (JSD)
78.64% Payout Ratio
Nuveen Short Duration credit Opportunities Fund was launched by Nuveen Investments, Inc. Nuveen Fund Advisors, Inc., and Symphony Asset Management LLC co-manage the fund. The fund invests in fixed-income markets. Nuveen Short Duration Credit Opportunities Fund is based in the United States.
Earnings Per Share
As for profitability, Nuveen Short Duration Credit Opportunities Fund has a trailing twelve months EPS of $1.31.
PE Ratio
Nuveen Short Duration Credit Opportunities Fund has a trailing twelve months price to earnings ratio of 9.05. Meaning, the purchaser of the share is investing $9.05 for every dollar of annual earnings.
Volume
Today's last reported volume for Nuveen Short Duration Credit Opportunities Fund is 42145 which is 40.5% above its average volume of 29995.
Moving Average
Nuveen Short Duration Credit Opportunities Fund's value is under its 50-day moving average of $12.51 and way below its 200-day moving average of $13.36.Yearly Top and Bottom Value
Nuveen Short Duration Credit Opportunities Fund's stock is valued at $11.85 at 02:23 EST, way under its 52-week high of $15.50 and above its 52-week low of $11.55.
3. Entergy Corporation (ETR)
74.81% Payout Ratio
Entergy Corporation and its subsidiaries are involved in producing electricity for retail sale in the United States. Entergy Wholesale Commodities and Utility are the two main segments of Entergy Corporation. The utility segment produces, transmits and distributes electricity in Arkansas, Louisiana and Mississippi. It also distributes natural gas. Entergy Wholesale Commodities is involved in ownership, operation and decommissioning nuclear power stations. It also owns interests in other non-nuclear plants, which sell electricity to wholesale customers. The company generates electricity from gas, solar, wind, coke, hydrogen, and nuclear power. It sells electricity to utilities, retail power providers and electric power cooperatives. Its electric power plants are capable of producing approximately 26,000 megawatts of electricity (MW), which includes 6,000 MW nuclear power. The company supplies electricity to three million customers across Texas, Louisiana, Mississippi and Louisiana. It was established in New Orleans in Louisiana in 1913.
Earnings Per Share
As for profitability, Entergy Corporation has a trailing twelve months EPS of $7.97.
PE Ratio
Entergy Corporation has a trailing twelve months price to earnings ratio of 12.58. Meaning, the purchaser of the share is investing $12.58 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 9.11%.Revenue Growth
Year-on-year quarterly revenue growth grew by 1.2%, now sitting on 11.78B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 3, 2022, the estimated forward annual dividend rate is 4.04 and the estimated forward annual dividend yield is 3.51%.
Volume
Today's last reported volume for Entergy Corporation is 800272 which is 25.99% below its average volume of 1081310.
4. International Bancshares Corporation (IBOC)
34.19% Payout Ratio
International Bancshares Corporation is a multinational financial holding company that provides retail and commercial banking services. You can make checking or saving deposits and offer personal, commercial, residential, automotive, as well as term and installment loans. It also offers international banking services such as letters of credit and commercial and industrial loans. It also offers other services such as safety deposit boxes and credit cards; collection, notary public and escrow facilities; drive-up and walk-up services and customary banking services. The company also provides Internet banking services and securities products through third parties. The company has 188 branches and 284 ATMs that serve 88 areas in Texas and Oklahoma as of June 30, 2020. International Bancshares Corporation was established in 1966. It is located in Laredo Texas.
Earnings Per Share
As for profitability, International Bancshares Corporation has a trailing twelve months EPS of $3.51.
PE Ratio
International Bancshares Corporation has a trailing twelve months price to earnings ratio of 12.56. Meaning, the purchaser of the share is investing $12.56 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%.5. Premier (PINC)
33.92% Payout Ratio
Premier, Inc., along with its affiliates, is a United States healthcare improvement company. The company operates two sections, Supply Chain Services & Performance Services. It offers members access to many products and services. This includes medical and surgical supplies, pharmaceuticals and laboratory supplies as well as capital equipment and information technology. This segment also provides the following services: ASCEND Collaborative for members to obtain group purchasing programs, prices, tiers; SURPASS Collaborative; STOCKD an ecommerce platform; and PROVIDEGX, which helps identify supply sources for drug that may have been added to the National Drug Shortage List or are susceptible to price volatility. PremierConnect is offered by the Performance Services segment to members. It helps them address their existing quality and cost imperatives and to support their regulatory reporting framework. They also provide performance improvement collaborations and consultation and insurance management services. These include creation and management health benefit plans under Contigo Health, as well as cost management solutions for suppliers and health systems under Remitra. The PremierConnect solutions for this segment are divided into six categories: Quality & Regulatory; Clinical Surveillance & Safety; Supply Chain & ERP; Operations; Enterprise Analytics and Clinical Decision Support. Other businesses can also be served by the company, such as schools and restaurants. Premier, Inc. was founded in 2013. It is located in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Premier has a trailing twelve months EPS of $2.55.
PE Ratio
Premier has a trailing twelve months price to earnings ratio of 13.08. Meaning, the purchaser of the share is investing $13.08 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 12.96%.Yearly Top and Bottom Value
Premier's stock is valued at $33.29 at 02:24 EST, way under its 52-week high of $42.15 and higher than its 52-week low of $33.01.
Sales Growth
Premier's sales growth is negative 30.8% for the current quarter and negative 1.6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 26%, now sitting on 1.57B for the twelve trailing months.