AllianceBernstein National Municipalome Fund And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – AllianceBernstein National Municipalome Fund (AFB), TeklaLife Sciences Investors (HQL), Silicon Motion Technology Corporation (SIMO) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio at the moment. 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 distribute them.

When investigating 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. AllianceBernstein National Municipalome Fund (AFB)

206.27% Payout Ratio

AllianceBernstein National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax. The fund seeks to invest in bonds rated Baa/BBB or higher. It employs both quantitative and fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as Alliance National Municipal Income Fund Inc. AllianceBernstein National Municipal Income Fund was formed on November 9, 2001 and is domiciled in the United States.

Earnings Per Share

As for profitability, AllianceBernstein National Municipalome Fund has a trailing twelve months EPS of $0.19.

PE Ratio

AllianceBernstein National Municipalome Fund has a trailing twelve months price to earnings ratio of 60.95. Meaning, the purchaser of the share is investing $60.95 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 1.52%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 3, 2024, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 4.12%.

Volume

Today’s last reported volume for AllianceBernstein National Municipalome Fund is 23665 which is 60.72% below its average volume of 60253.

Yearly Top and Bottom Value

AllianceBernstein National Municipalome Fund’s stock is valued at $11.58 at 08:23 EST, below its 52-week high of $11.95 and way higher than its 52-week low of $8.95.

Moving Average

AllianceBernstein National Municipalome Fund’s worth is higher than its 50-day moving average of $11.56 and higher than its 200-day moving average of $11.05.

2. TeklaLife Sciences Investors (HQL)

99.25% Payout Ratio

Tekla Life Sciences Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the life sciences sector, including the biotechnology, pharmaceutical, diagnostics, managed healthcare, medical equipment, hospitals, healthcare information technology and services, devices and supplies industries, and in agriculture and environmental management industries. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a focus on factors such as market position for services or products, experience of business management, technological expertise, and the ability either to generate funds internally to finance growth or to secure outside sources of capital to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Biotech Index and the S&P 500 Index. It was formerly known as H&Q Life Sciences Investors fund. Tekla Life Sciences Investors was formed on February 20, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, TeklaLife Sciences Investors has a trailing twelve months EPS of $1.34.

PE Ratio

TeklaLife Sciences Investors has a trailing twelve months price to earnings ratio of 11.25. Meaning, the purchaser of the share is investing $11.25 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 1.28%.

3. Silicon Motion Technology Corporation (SIMO)

63.83% Payout Ratio

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.

Earnings Per Share

As for profitability, Silicon Motion Technology Corporation has a trailing twelve months EPS of $2.35.

PE Ratio

Silicon Motion Technology Corporation has a trailing twelve months price to earnings ratio of 25.41. Meaning, the purchaser of the share is investing $25.41 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 10.17%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 34.9% and 7.5%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 50.1%, now sitting on 774.69M for the twelve trailing months.

Moving Average

Silicon Motion Technology Corporation’s value is under its 50-day moving average of $60.63 and way under its 200-day moving average of $70.16.

Yearly Top and Bottom Value

Silicon Motion Technology Corporation’s stock is valued at $59.71 at 08:23 EST, way below its 52-week high of $85.87 and way higher than its 52-week low of $51.85.

4. Virtu Financial (VIRT)

48.24% Payout Ratio

Virtu Financial, Inc., together with its subsidiaries, provides market making and liquidity services through its proprietary, multi-asset, and multi-currency technology platform to the financial markets worldwide. The company's Market Making segment principally consists of market making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Its Execution Services segment comprises agency-based trading and trading venues, which offer execution services in equities, ETFs, futures, fixed income, currencies, and commodities to institutions, banks, and broker dealers. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Virtu Financial has a trailing twelve months EPS of $1.99.

PE Ratio

Virtu Financial has a trailing twelve months price to earnings ratio of 16.68. Meaning, the purchaser of the share is investing $16.68 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 24.4%.

Moving Average

Virtu Financial’s value is higher than its 50-day moving average of $30.81 and way above its 200-day moving average of $23.63.

Revenue Growth

Year-on-year quarterly revenue growth grew by 42.3%, now sitting on 1.83B for the twelve trailing months.

Sales Growth

Virtu Financial’s sales growth is 19% for the current quarter and 38% for the next.

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%.

Leave a Reply

Your email address will not be published. Required fields are marked *