(VIANEWS) – AbbVie (ABBV), Nuveen Global High Income Fund (JGH), Alliant Energy Corporation (LNT) 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 guarantee 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. AbbVie (ABBV)
202.68% Payout Ratio
AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers. It also provides facial injectables, plastics and regenerative medicine, body contouring, and skincare products; botox therapeutic; Vraylar for depressive disorder; Duopa and Duodopa to treat advanced Parkinson's disease; Ubrelvy for the acute treatment of migraine in adults; and Qulipta for episodic and chronic migraine. In addition, the company offers Ozurdex for eye diseases; Lumigan/Ganfort and Alphagan/Combigan for the reduction of elevated intraocular pressure in patients with open angle glaucoma or ocular hypertension; Restasis to increase tear production; and other eye care products. Further, it provides Mavyret/Maviret to treat chronic hepatitis C virus genotype 1-6 infection; Creon, a pancreatic enzyme therapy; Lupron to treat advanced prostate cancer, endometriosis and central precocious puberty, and patients with anemia caused by uterine fibroids; Linzess/Constella to treat irritable bowel syndrome with constipation and chronic idiopathic constipation; and Synthroid for hypothyroidism. It has collaborations with Calico Life Sciences LLC; REGENXBIO Inc.; Janssen Biotech, Inc.; and Genentech, Inc., as well as collaboration with Tentarix Biotherapeutics, LP to develop conditionally-active and multi-specific biologics for oncology and immunology. The company was incorporated in 2012 and is headquartered in North Chicago, Illinois.
Earnings Per Share
As for profitability, AbbVie has a trailing twelve months EPS of $2.71.
PE Ratio
AbbVie has a trailing twelve months price to earnings ratio of 59.88. Meaning, the purchaser of the share is investing $59.88 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 54.26%.
Yearly Top and Bottom Value
AbbVie’s stock is valued at $162.28 at 20:23 EST, way under its 52-week high of $199.95 and way higher than its 52-week low of $135.85.
Volume
Today’s last reported volume for AbbVie is 5514860 which is 1.92% below its average volume of 5623340.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 15, 2024, the estimated forward annual dividend rate is 6.2 and the estimated forward annual dividend yield is 3.19%.
Sales Growth
AbbVie’s sales growth is 4% for the ongoing quarter and 2.2% for the next.
2. Nuveen Global High Income Fund (JGH)
94.12% Payout Ratio
Nuveen Global High Income Fund 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 fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S. high-yield bonds from developed and emerging markets, corporate debt securities, U.S. and foreign government debt securities, mortgage and asset-backed securities, preferred securities, secured and unsecured loans, and convertible debt securities. It seeks to invest in below investment grade securities rated BB/Ba or lower. The fund uses a diversified global high-income strategy, which blends high-yield bonds and other income producing securities from around the world, and across the capital structure and credit spectrum, to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Global High Yield Index. Nuveen Global High Income Fund was formed on August 5, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Global High Income Fund has a trailing twelve months EPS of $1.9.
PE Ratio
Nuveen Global High Income Fund has a trailing twelve months price to earnings ratio of 6.81. Meaning, the purchaser of the share is investing $6.81 for every dollar of annual earnings.
Volume
Today’s last reported volume for Nuveen Global High Income Fund is 29906 which is 17.72% below its average volume of 36350.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 11.93%.
3. Alliant Energy Corporation (LNT)
76.12% Payout Ratio
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, Alliant Energy Corporation has a trailing twelve months EPS of $2.45.
PE Ratio
Alliant Energy Corporation has a trailing twelve months price to earnings ratio of 23.91. Meaning, the purchaser of the share is investing $23.91 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 9.44%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 31, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 3.28%.
Yearly Top and Bottom Value
Alliant Energy Corporation’s stock is valued at $58.58 at 20:23 EST, under its 52-week high of $59.80 and way higher than its 52-week low of $45.15.
Sales Growth
Alliant Energy Corporation’s sales growth is negative 14.1% for the current quarter and 29.6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2%, now sitting on 3.96B for the twelve trailing months.
4. Community West Bancshares (CWBC)
55.17% Payout Ratio
Community West Bancshares operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in the central valley area of California. The company accepts demand, savings, and time deposits; certificates of deposit; and non-interest-bearing demand deposits, as well as provides NOW and money market accounts. It also provides products, such as commercial and industrial loans, as well as loans secured by crop production and livestock; owner occupied and investor commercial real estate, real estate construction and other land, agricultural real estate, and other real estate loans; and equity loans and lines of credit, and installment and other consumer loans. In addition, the company offers domestic and international wire transfer, inquiry, account status, bill paying, account transfers, and cash management and other customary banking services. Community West Bancshares was formerly known as Central Valley Community Bancorp and changed its name to Community West Bancshares in April 2024. Community West Bancshares was founded in 1979 and is based in Fresno, California.
Earnings Per Share
As for profitability, Community West Bancshares has a trailing twelve months EPS of $0.87.
PE Ratio
Community West Bancshares has a trailing twelve months price to earnings ratio of 23.62. Meaning, the purchaser of the share is investing $23.62 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 3.6%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 2, 2024, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 2.36%.
5. Lakeland Financial Corporation (LKFN)
47.96% Payout Ratio
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.
Earnings Per Share
As for profitability, Lakeland Financial Corporation has a trailing twelve months EPS of $3.92.
PE Ratio
Lakeland Financial Corporation has a trailing twelve months price to earnings ratio of 17.78. Meaning, the purchaser of the share is investing $17.78 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 16.18%.
Moving Average
Lakeland Financial Corporation’s value is above its 50-day moving average of $65.61 and higher than its 200-day moving average of $63.44.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 25, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 2.83%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 10.2% and a negative 24.1%, respectively.
Yearly Top and Bottom Value
Lakeland Financial Corporation’s stock is valued at $69.70 at 20:23 EST, under its 52-week high of $73.22 and way above its 52-week low of $44.47.
6. Vaalco Energy (EGY)
31.25% Payout Ratio
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.8.
PE Ratio
Vaalco Energy has a trailing twelve months price to earnings ratio of 6.74. Meaning, the purchaser of the share is investing $6.74 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 18.19%.
Moving Average
Vaalco Energy’s value is way below its 50-day moving average of $6.45 and below its 200-day moving average of $5.67.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 157.1% and a drop 64.9% for the next.
Yearly Top and Bottom Value
Vaalco Energy’s stock is valued at $5.39 at 20:23 EST, way below its 52-week high of $7.51 and way above its 52-week low of $3.85.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
