(VIANEWS) - Nuveen California Select Tax (NXC), Wolverine World Wide (WWW), Lake Shore Bancorp (LSBK) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. 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 distribute 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-ended mutual fund that provides fixed income. 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 $0.6.
PE Ratio
Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 22.01. Meaning, the purchaser of the share is investing $22.01 for every dollar of annual earnings.
Yearly Top and Bottom Value
Nuveen California Select Tax's stock is valued at $13.16 at 14:23 EST, way below its 52-week high of $17.00 and above its 52-week low of $12.75.
Volume
Today's last reported volume for Nuveen California Select Tax is 2759 which is 75.98% below its average volume of 11490.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.8%, now sitting on 3.5M for the twelve trailing months.
2. Wolverine World Wide (WWW)
83.33% Payout Ratio
Wolverine World Wide, Inc. manufactures, sources, markets, licenses, distributes and designs footwear, apparel, accessories and other products in North America, Europe, Asia Pacific, Canada, Latin America, Europe, Africa, Asia Pacific, Canada, Latin America, Canada, and the Middle East. Two segments of the company are Wolverine Michigan Group, and Wolverine Boston Group. The company offers footwear, apparel and casual shoes; athletic and performance footwear and apparel; footwear for children; footwear that can be used in the workplace; boots and footwear suitable for uniform use. It sources, markets and licenses footwear in a variety of styles. The company also sells Merrell and Wolverine-branded apparel and accessories. It also licenses their brands to be used on other products such as Hush Puppies apparels, eyewear, socks, handbags and plush toys, Wolverine eyewear and gloves, Keds and Sperry apparel. The company also markets pigskin leather for the footwear market under the Wolverine Warrior Leather and Weather Tight trademarks. It also has brick-and-mortar retail shops and online ecommerce websites. It sells products through department stores and national chains as well as catalog and specialty retailers. Independent retailers and uniform outlets are also available. Government customers can be reached through government agencies and retail shops as well as third-party distributors and licensees. It had 97 retail outlets and 37 consumer-direct e-commerce websites as of January 2, 2021. Wolverine World Wide, Inc. is an American company that was established in Rockford, Michigan in 1883.
Earnings Per Share
As for profitability, Wolverine World Wide has a trailing twelve months EPS of $-1.7.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.97%.3. Lake Shore Bancorp (LSBK)
56.07% Payout Ratio
Lake Shore Bancorp, Inc. is the savings and loan holding bank for Lake Shore Savings Bank. It provides banking products, and services. You can deposit in a variety of products including regular savings deposits (Christmas Club, Passbook, or Statement savings), money market savings and checking account; interest bearing and not-interest bearing checking accounts that include demand deposits; savings accounts, retirement accounts, time deposits, interest on lawyer accounts, as well commercial savings, checking and money market accounts suitable for medium to large sized businesses. Its loan portfolio includes commercial real estate and commercial construction loans as well as lines of credit. Commercial loans include lines of credit such as business loan, line-of-credit, or other commercial loan. One-to-four-family residential mortgages are also available. Consumer loans can be personal, overdraft, vehicle, collateralized and unsecure loans. It had 11 full-service branches in Western New York as of February 5, 2021. This included five in Chautauqua County and six in Erie County. It was established in Dunkirk in New York in 1891. Lake Shore Bancorp, Inc. is a subsidiary to Lake Shore, MHC.
Earnings Per Share
As for profitability, Lake Shore Bancorp has a trailing twelve months EPS of $1.07.
PE Ratio
Lake Shore Bancorp has a trailing twelve months price to earnings ratio of 12.61. Meaning, the purchaser of the share is investing $12.61 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 7.48%.Revenue Growth
Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 25.38M for the twelve trailing months.
4. Luxfer Holdings PLC (LXFR)
52.6% Payout Ratio
Luxfer Holdings PLC is a material technology company that designs, manufactures and supplies high performance materials and components. It also produces high-pressure gascylinders and other high-performance gases cylinders to transport, defense, emergency, and healthcare as well as general industrial applications. The company operates in two segments: Gas Cylinders, and Elektron. The Gas Cylinders segment manufactures and markets aluminum, titanium, and carbon composite cylinders, which are used for self-contained breathing apparatus that are used by firefighters and other emergency-responders, as well as scuba divers and personnel in potentially hazardous environments, such as mines; and aluminum and composite cylinders for use in the containment of oxygen and other medical gases that are used by patients, healthcare facilities, and laboratories. The segment offers lightweight aluminum cylinders that can be used in a range of industrial applications such as containment of specialty gases and fire extinguishers, and light aluminum panels for luxury and aerospace. Elektron focuses on special materials made from magnesium, zircon, and other rare earths. The company develops and produces magnesium powders, magnesium alloys, and magnesium, copper and zinc photoengraving plates. These plates are used in graphic arts, luxury packaging, and other creative applications. The segment develops and produces zirconium oxides as well as materials and powders containing it. These are used in catalysts. They also help to make advanced ceramics, fiberoptic fuel cells and other performance products. Luxfer Holdings PLC operates in America, Canada, South America and Latin America. It was established in Manchester in the United Kingdom in 1898.
Earnings Per Share
As for profitability, Luxfer Holdings PLC has a trailing twelve months EPS of $1.
PE Ratio
Luxfer Holdings PLC has a trailing twelve months price to earnings ratio of 15.69. Meaning, the purchaser of the share is investing $15.69 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 13.61%.Yearly Top and Bottom Value
Luxfer Holdings PLC's stock is valued at $15.69 at 14:23 EST, way under its 52-week high of $23.71 and way higher than its 52-week low of $14.09.
Volume
Today's last reported volume for Luxfer Holdings PLC is 9936 which is 86.78% below its average volume of 75159.
Sales Growth
Luxfer Holdings PLC's sales growth is 17.3% for the present quarter and 11.7% for the next.
5. Yum! (YUM)
37.64% Payout Ratio
YUM! Brands, Inc., along with its subsidiaries, creates, manages, and franchises fast-food restaurants around the world. The company operates in four divisions: KFC Division; Taco Bell Division; Pizza Hut Division; and Habit Burger Grill Division. The restaurant chain operates under The Habit Burger Grill, Pizza Hut and Taco Bell brands. These restaurants specialize in Mexican food, chicken, pizza and made-to order chargrilled hamburgers. It had approximately 26934 KFC and 18,381 Pizza Hut and 7,791 Taco Bell restaurants. There were also 318 Habit Burger Grill locations in 157 countries. YUM! was formerly TRICON Global restaurants, Inc. Brands, Inc. was established in May 2002. YUM! Brands, Inc. was founded in 1997. It is located in Louisville, Kentucky.
Earnings Per Share
As for profitability, Yum! has a trailing twelve months EPS of $3.74.
PE Ratio
Yum! has a trailing twelve months price to earnings ratio of 29.69. Meaning, the purchaser of the share is investing $29.69 for every dollar of annual earnings.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is a negative 5.2% and a negative 1.6%, respectively.Sales Growth
Yum!'s sales growth is 2.7% for the present quarter and 5.3% for the next.