(VIANEWS) – Nuveen Dividend Advantage Municipal Fund (NAD), Ares Management L.P. (ARES), BlackRock Municipal Target Term Trust (BTT) 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. Nuveen Dividend Advantage Municipal Fund (NAD)
208.8% Payout Ratio
Nuveen Quality Municipal 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 the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P). The fund was formerly known as Nuveen Dividend Advantage Municipal Fund. Nuveen Quality Municipal Income Fund was formed on January 15, 1999 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Dividend Advantage Municipal Fund has a trailing twelve months EPS of $0.25.
PE Ratio
Nuveen Dividend Advantage Municipal Fund has a trailing twelve months price to earnings ratio of 47. Meaning, the purchaser of the share is investing $47 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 1.92%.
2. Ares Management L.P. (ARES)
175.26% Payout Ratio
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
Earnings Per Share
As for profitability, Ares Management L.P. has a trailing twelve months EPS of $1.94.
PE Ratio
Ares Management L.P. has a trailing twelve months price to earnings ratio of 71.22. Meaning, the purchaser of the share is investing $71.22 for every dollar of annual earnings.
Sales Growth
Ares Management L.P.’s sales growth is 23.4% for the present quarter and 10.1% for the next.
Volume
Today’s last reported volume for Ares Management L.P. is 745175 which is 44.34% below its average volume of 1338830.
3. BlackRock Municipal Target Term Trust (BTT)
109.96% Payout Ratio
Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. It was formerly known as BlackRock Municipal Target Term Trust. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Municipal Target Term Trust has a trailing twelve months EPS of $0.57.
PE Ratio
BlackRock Municipal Target Term Trust has a trailing twelve months price to earnings ratio of 37.14. Meaning, the purchaser of the share is investing $37.14 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 1.77%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 84.67M for the twelve trailing months.
Yearly Top and Bottom Value
BlackRock Municipal Target Term Trust’s stock is valued at $21.17 at 14:23 EST, under its 52-week high of $21.64 and way higher than its 52-week low of $18.90.
4. MV Oil Trust Units of Beneficial Interests (MVO)
100% Payout Ratio
MV Oil Trust acquires and holds term net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 860 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was incorporated in 2006 and is based in Houston, Texas.
Earnings Per Share
As for profitability, MV Oil Trust Units of Beneficial Interests has a trailing twelve months EPS of $1.52.
PE Ratio
MV Oil Trust Units of Beneficial Interests has a trailing twelve months price to earnings ratio of 6.03. Meaning, the purchaser of the share is investing $6.03 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 302.01%.
Moving Average
MV Oil Trust Units of Beneficial Interests’s worth is under its 50-day moving average of $9.29 and way below its 200-day moving average of $10.75.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 15.92%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 18.44M for the twelve trailing months.
Volume
Today’s last reported volume for MV Oil Trust Units of Beneficial Interests is 68729 which is 9.87% above its average volume of 62550.
5. Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund (EDD)
82.86% Payout Ratio
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund invests in fixed income markets of emerging market countries across the globe. It typically invests in government bonds denominated in the local currencies of emerging markets. The fund benchmarks the performance of its portfolio against the JPMorgan Government Bond Index – Emerging Markets Global Diversified Index. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. was formed on January 25, 2007 and is domiciled in United States.
Earnings Per Share
As for profitability, Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund has a trailing twelve months EPS of $0.13.
PE Ratio
Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund has a trailing twelve months price to earnings ratio of 37.08. Meaning, the purchaser of the share is investing $37.08 for every dollar of annual earnings.
Yearly Top and Bottom Value
Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund’s stock is valued at $4.82 at 14:23 EST, below its 52-week high of $4.96 and way higher than its 52-week low of $4.22.
Moving Average
Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund’s worth is higher than its 50-day moving average of $4.74 and above its 200-day moving average of $4.65.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 8.45%.
Volume
Today’s last reported volume for Morgan Stanley Emerging Markets Domestic Debt Fund Morgan Stanley Emerging Markets Domestic Debt Fund is 2531420 which is 931.36% above its average volume of 245443.
6. ESSA Bancorp (ESSA)
32.26% Payout Ratio
ESSA Bancorp, Inc. operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts. Its loan portfolio includes first mortgage loans for the purchase, construction, or refinancing of one- to four-family residential real estate property; commercial real estate loans; home equity loans and lines of credit; and commercial and other consumer loans, as well as loans secured by deposits and personal unsecured loans. In addition, the company offers insurance benefits consulting services, such as health insurance, life insurance, short term and long term disability, dental, vision, 401(K) retirement planning, and individual health products, as well as asset management and trust, and investment services. As of September 30, 2021, it operated 21 community offices, including seven offices in Monroe County, three offices in Lehigh County, five offices in Northampton County, one office in Lackawanna County, one office in Luzerne County, one office in Chester County, two offices in Delaware County, and one office in Montgomery County, Pennsylvania. The company was founded in 1916 and is headquartered in Stroudsburg, Pennsylvania.
Earnings Per Share
As for profitability, ESSA Bancorp has a trailing twelve months EPS of $1.86.
PE Ratio
ESSA Bancorp has a trailing twelve months price to earnings ratio of 10.85. Meaning, the purchaser of the share is investing $10.85 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 7.85%.
Sales Growth
ESSA Bancorp’s sales growth for the next quarter is negative 2.6%.
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%.
