(VIANEWS) – Donegal Group (DGICB), Nuveen California Select Tax (NXC), Booz Allen Hamilton Holding Corporation (BAH) 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 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. Donegal Group (DGICB)
381.25% Payout Ratio
Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. It operates through four segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles. It also offers homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft; and liability of the insured arising from injury to other persons or their property. In addition, the company offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against various perils, primarily combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products through a network of approximately 2,400 independent insurance agencies. Donegal Group Inc. was founded in 1986 and is headquartered in Marietta, Pennsylvania.
Earnings Per Share
As for profitability, Donegal Group has a trailing twelve months EPS of $0.16.
PE Ratio
Donegal Group has a trailing twelve months price to earnings ratio of 68.12. Meaning, the purchaser of the share is investing $68.12 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 1.06%.
Yearly Top and Bottom Value
Donegal Group’s stock is valued at $10.90 at 02:23 EST, way below its 52-week high of $16.00 and above its 52-week low of $10.75.
2. Nuveen California Select Tax (NXC)
66.25% Payout Ratio
Nuveen California Select Tax-Free Income Portfolio 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 California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen California Select Tax has a trailing twelve months EPS of $0.8.
PE Ratio
Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 16.31. Meaning, the purchaser of the share is investing $16.31 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 5.79%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.6%, now sitting on 3.7M for the twelve trailing months.
Yearly Top and Bottom Value
Nuveen California Select Tax’s stock is valued at $13.05 at 02:23 EST, under its 52-week high of $13.80 and way higher than its 52-week low of $11.86.
Volume
Today’s last reported volume for Nuveen California Select Tax is 9851 which is 43.98% below its average volume of 17586.
Moving Average
Nuveen California Select Tax’s value is below its 50-day moving average of $13.12 and above its 200-day moving average of $12.87.
3. Booz Allen Hamilton Holding Corporation (BAH)
41.83% Payout Ratio
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations. It also provides analytics services, which focuses on delivering transformational solutions in the areas of artificial intelligence, such as machine learning, deep learning; data science, such as data engineering and predictive modeling; automation and decision analytics; and quantum computing. In addition, the company designs, develops, and implements solutions built on contemporary methodologies and modern architectures; delivers engineering services and solutions to define, develop, implement, sustain, and modernize complex physical systems; and provides cyber risk management solutions, such as prevention, detection, and cost effectiveness. Booz Allen Hamilton Holding Corporation was founded in 1914 and is headquartered in McLean, Virginia.
Earnings Per Share
As for profitability, Booz Allen Hamilton Holding Corporation has a trailing twelve months EPS of $4.59.
PE Ratio
Booz Allen Hamilton Holding Corporation has a trailing twelve months price to earnings ratio of 34. Meaning, the purchaser of the share is investing $34 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 59.42%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 13, 2024, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 1.3%.
Moving Average
Booz Allen Hamilton Holding Corporation’s worth is above its 50-day moving average of $153.71 and way higher than its 200-day moving average of $139.53.
Yearly Top and Bottom Value
Booz Allen Hamilton Holding Corporation’s stock is valued at $156.06 at 02:23 EST, under its 52-week high of $164.43 and way above its 52-week low of $106.90.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.9%, now sitting on 10.66B for the twelve trailing months.
4. NACCO Industries (NC)
35.42% Payout Ratio
NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts for power generation companies and an activated carbon producer in North Dakota, Texas, Mississippi, and Louisiana, as well as Navajo Nation in New Mexico. The North American Mining segment provides value-added contract mining and other services for producers of aggregates, activated carbon, lithium, and other industrial minerals; and contract mining services for independently owned mines and quarries in Florida, Texas, Arkansas, Indiana, Virginia, and Nebraska. The Minerals Management segment is involved in the leasing of its royalty and mineral interests to third-party exploration and production companies, and other mining companies, which grants them the rights to explore, develop, mine, produce, market, and sell gas, oil, and coal. NACCO Industries, Inc. was founded in 1913 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, NACCO Industries has a trailing twelve months EPS of $-5.45.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -10.01%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.3%, now sitting on 217.94M for the twelve trailing months.
Yearly Top and Bottom Value
NACCO Industries’s stock is valued at $28.50 at 02:23 EST, way below its 52-week high of $38.66 and higher than its 52-week low of $27.26.
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%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
