(VIANEWS) - Nuveen California Select Tax (NXC), Republic Services (RSG), Motorola (MSI) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up to now. The payout ratio in itself isn't a promise 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. Nuveen California Select Tax (NXC)
101.73% Payout Ratio
Nuveen Investments Inc. launched Nuveen California Select tax-free Income Portfolio, a closed-end fixed income mutual fund. Nuveen Asset Management, LLC, and Nuveen Fund Advisors LLC co-manage the fund. The fund invests in California's fixed-income markets. It invests in securities from companies operating across diverse sectors. The fund primarily invests municipal bonds. To create its portfolio, the fund uses fundamental analysis. The fund benchmarks its portfolio's performance against the Barclays Capital California Municipal Bond Index or S&P California Municipal Bond Index. Nuveen California Select tax-free income portfolio was established on June 19, 1992. It is based in the United States.
Earnings Per Share
As for profitability, Nuveen California Select Tax has a trailing twelve months EPS of $0.49.
PE Ratio
Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 26.69. Meaning, the purchaser of the share is investing $26.69 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.8%, now sitting on 3.5M for the twelve trailing months.
Volume
Today's last reported volume for Nuveen California Select Tax is 2147 which is 83.04% below its average volume of 12661.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 3.67%.
Yearly Top and Bottom Value
Nuveen California Select Tax's stock is valued at $13.08 at 08:23 EST, way below its 52-week high of $17.00 and above its 52-week low of $12.75.
2. Republic Services (RSG)
42.77% Payout Ratio
Republic Services, Inc. and its affiliates offer environmental services throughout the United States. It offers a range of environmental services, including collection and processing recyclable materials and collection, transport, and disposal of nonhazardous solid refuse. The company offers curbside collections of materials for transportation to landfills or recycling centers, as well as supply and rental of compactors. The company also processes and sells old corrugated containers and old newsprint. It provides landfill and transfer services. It also offers in-plant services such as logistics and transportation, and disposal of hazardous solid and liquid materials. The company serves residential and small-container customers. The company had 356 collections operations as of December 31, 2021. 239 transfer stations were also in operation. 198 active landfills are available, along with 71 recycling processing centres, 71 recycling centers, 71 disposal wells and 7 deep injection wells. There are 3 treatment, recovery and disposal facilities located throughout 41 states. The company also owned 124 landfill gas-to energy and renewable energy projects, and 77 collection operations. It was founded in Phoenix, Arizona in 1996.
Earnings Per Share
As for profitability, Republic Services has a trailing twelve months EPS of $3.02.
PE Ratio
Republic Services has a trailing twelve months price to earnings ratio of 46.75. Meaning, the purchaser of the share is investing $46.75 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 15.3%.Revenue Growth
Year-on-year quarterly revenue growth grew by 14.4%, now sitting on 11.67B for the twelve trailing months.
Sales Growth
Republic Services's sales growth is 21.4% for the ongoing quarter and 18.4% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 29, 2022, the estimated forward annual dividend rate is 1.84 and the estimated forward annual dividend yield is 1.33%.
3. Motorola (MSI)
41.1% Payout Ratio
Motorola Solutions, Inc. offers mission-critical communications and analysis in the United States, Canada, United Kingdom, and worldwide. There are two main segments to the company: Products and Systems Integration and Software and Services. Products and Systems Integration offers an array of devices and accessories as well video security and infrastructure. It also implements and integrates systems and software for public safety and government customers. This includes those who manage mobile workers and private communication networks. The company's mobile land radio communications, video security, and access control devices includes fixed and mobile cameras and accessories, two-way mobile and vehicle-mounted radios and radio base stations and consoles. It also offers video analytics and network video management software and hardware, as well as access control and control solutions. Software and Services provides technical support and repair services. The Software and Services segment offers software updates and monitoring services. It also provides public safety and enterprise command centre software and unified communications apps. This includes video solutions that can be used on-premise or as a subscription. This company serves commercial, government and public safety customers. Motorola Solutions, Inc. was the company's previous name. In January 2011, it changed its name back to Motorola Solutions, Inc. Motorola Solutions, Inc. was established in 1928. It is located in Chicago, Illinois.
Earnings Per Share
As for profitability, Motorola has a trailing twelve months EPS of $5.45.
PE Ratio
Motorola has a trailing twelve months price to earnings ratio of 43.48. Meaning, the purchaser of the share is investing $43.48 for every dollar of annual earnings.
Yearly Top and Bottom Value
Motorola's stock is valued at $236.95 at 08:24 EST, way under its 52-week high of $273.65 and way higher than its 52-week low of $195.18.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2022, the estimated forward annual dividend rate is 3.16 and the estimated forward annual dividend yield is 1.32%.
4. Jack In The Box (JACK)
34.58% Payout Ratio
Jack in the Box Inc. franchises Jack in the Box quick service restaurants. It owned and franchised 2,241 Jack in the Box fast-service restaurants, primarily in the southern and western United States. It was established in San Diego in 1951.
Earnings Per Share
As for profitability, Jack In The Box has a trailing twelve months EPS of $5.09.
PE Ratio
Jack In The Box has a trailing twelve months price to earnings ratio of 16.52. Meaning, the purchaser of the share is investing $16.52 for every dollar of annual earnings.
Sales Growth
Jack In The Box's sales growth for the current quarter is 40.6%.