(VIANEWS) – Fidelity National Information Services (FIS), Hennessy Advisors (HNNA), Nuveen California Dividend Advantage Municipal Fund (NAC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until 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 investigating 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. Fidelity National Information Services (FIS)
266.67% Payout Ratio
Fidelity National Information Services, Inc. engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions. It also offers trading and asset, lending, leveraged and syndicated loan markets, and treasury and risk solutions. The company was founded in 1968 and is headquartered in Jacksonville, Florida.
Earnings Per Share
As for profitability, Fidelity National Information Services has a trailing twelve months EPS of $0.85.
PE Ratio
Fidelity National Information Services has a trailing twelve months price to earnings ratio of 83.47. Meaning, the purchaser of the share is investing $83.47 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 1.9%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 61.8% and 35.1%, respectively.
Yearly Top and Bottom Value
Fidelity National Information Services’s stock is valued at $70.95 at 02:23 EST, below its 52-week high of $78.73 and way above its 52-week low of $46.91.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 10, 2024, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 2.32%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.9%, now sitting on 9.89B for the twelve trailing months.
2. Hennessy Advisors (HNNA)
80.88% Payout Ratio
Hennessy Advisors, Inc. is an employee owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.
Earnings Per Share
As for profitability, Hennessy Advisors has a trailing twelve months EPS of $0.68.
PE Ratio
Hennessy Advisors has a trailing twelve months price to earnings ratio of 10.88. Meaning, the purchaser of the share is investing $10.88 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 5.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.3%, now sitting on 25.04M for the twelve trailing months.
Moving Average
Hennessy Advisors’s value is above its 50-day moving average of $6.99 and above its 200-day moving average of $6.80.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 21, 2024, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 7.69%.
Volume
Today’s last reported volume for Hennessy Advisors is 2185 which is 55.05% below its average volume of 4861.
3. Nuveen California Dividend Advantage Municipal Fund (NAC)
77.86% Payout Ratio
Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes. It primarily invests in securities that are rated Baa or BBB or better by Moody's Investors Service, Inc. or Standard & Poor's, and have an average maturity of 20.96 years. The fund employs fundamental analysis with a bottom-up approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) California Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen California Dividend Advantage Municipal Fund. Nuveen California Quality Municipal Income Fund was formed on December 1, 1998 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen California Dividend Advantage Municipal Fund has a trailing twelve months EPS of $0.77.
PE Ratio
Nuveen California Dividend Advantage Municipal Fund has a trailing twelve months price to earnings ratio of 14.1. Meaning, the purchaser of the share is investing $14.1 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 negative -1.89%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 0.59 and the estimated forward annual dividend yield is 5.39%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5%, now sitting on 133.92M for the twelve trailing months.
4. WD-40 Company (WDFC)
67.13% Payout Ratio
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also provides multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name. In addition, the company offers automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and liquid mildew stain removers and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, WD-40 Company has a trailing twelve months EPS of $5.01.
PE Ratio
WD-40 Company has a trailing twelve months price to earnings ratio of 47.64. Meaning, the purchaser of the share is investing $47.64 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 33.12%.
Sales Growth
WD-40 Company’s sales growth for the next quarter is 8.2%.
Volume
Today’s last reported volume for WD-40 Company is 45064 which is 58.82% below its average volume of 109448.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 18, 2024, the estimated forward annual dividend rate is 3.52 and the estimated forward annual dividend yield is 1.47%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2.2% and 14.9%, respectively.
5. Liberty All (ASG)
45.26% Payout Ratio
Liberty All-Star Growth Fund, Inc. is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. It is co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Composite Index, Russell 3000 Growth Index, and the S&P 500 Index. It conducts in-house research to make its investments. The fund was previously known as Charles Allmon Trust, Inc. Liberty All-Star Growth Fund, Inc. was formed on March 14, 1986 and is domiciled in the United States.
Earnings Per Share
As for profitability, Liberty All has a trailing twelve months EPS of $0.95.
PE Ratio
Liberty All has a trailing twelve months price to earnings ratio of 5.56. Meaning, the purchaser of the share is investing $5.56 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 17.53%.
Moving Average
Liberty All’s worth is below its 50-day moving average of $5.29 and above its 200-day moving average of $5.15.
6. Sunstone Hotel Investors Sunstone Hotel Investors (SHO)
35.56% Payout Ratio
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.
Earnings Per Share
As for profitability, Sunstone Hotel Investors Sunstone Hotel Investors has a trailing twelve months EPS of $0.9.
PE Ratio
Sunstone Hotel Investors Sunstone Hotel Investors has a trailing twelve months price to earnings ratio of 11.27. Meaning, the purchaser of the share is investing $11.27 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 9.39%.
Sales Growth
Sunstone Hotel Investors Sunstone Hotel Investors’s sales growth is negative 9.2% for the current quarter and negative 1.2% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.8%, now sitting on 959.7M for the twelve trailing months.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Dividend Yield
As stated 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%.
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).
