(VIANEWS) – Nuveen AMT (NUW), Pimco High Income Fund Pimco High Income Fund (PHK), Lakeland Industries (LAKE) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio so far. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. Nuveen AMT (NUW)
162.41% Payout Ratio
Nuveen AMT-Free Municipal Value Fund is a close-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 of the United States. The fund makes its investments in the securities of companies operating across diversified sectors. It primarily invests its assets in a portfolio of municipal securities. The fund uses value oriented strategy to make its investments. It employs a fundamental analysis with a combination of top-down and bottom-up stock picking approach to create its portfolio. The fund conducts in-house research to make its investments. Nuveen AMT-Free Municipal Value Fund was formed on November 19, 2008 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen AMT has a trailing twelve months EPS of $0.47.
PE Ratio
Nuveen AMT has a trailing twelve months price to earnings ratio of 30.45. Meaning, the purchaser of the share is investing $30.45 for every dollar of annual earnings.
Volume
Today’s last reported volume for Nuveen AMT is 50616 which is 69.26% above its average volume of 29903.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 0.51 and the estimated forward annual dividend yield is 4.01%.
Moving Average
Nuveen AMT’s value is above its 50-day moving average of $13.94 and above its 200-day moving average of $13.69.
Yearly Top and Bottom Value
Nuveen AMT’s stock is valued at $14.31 at 02:23 EST, under its 52-week high of $14.38 and way above its 52-week low of $12.45.
2. Pimco High Income Fund Pimco High Income Fund (PHK)
101.05% Payout Ratio
PIMCO High Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations. It employs fundamental analysis along with a top down stock picking approach to make its investments. PIMCO High Income Fund was formed on April 30, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco High Income Fund Pimco High Income Fund has a trailing twelve months EPS of $0.6.
PE Ratio
Pimco High Income Fund Pimco High Income Fund has a trailing twelve months price to earnings ratio of 8.19. Meaning, the purchaser of the share is investing $8.19 for every dollar of annual earnings.
Volume
Today’s last reported volume for Pimco High Income Fund Pimco High Income Fund is 593132 which is 8.7% above its average volume of 545654.
3. Lakeland Industries (LAKE)
46.15% Payout Ratio
Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company also provides durable woven garments, including electrostatic dissipative apparel used in electronics clean rooms; flame resistant meta aramid, para aramid, and FR cotton coveralls/pants/jackets used in petrochemical, refining operations, and electrical utilities; FR fabrics; and cotton and polycotton coveralls, lab coats, pants, and shirts. In addition, it provides high visibility clothing comprising reflective apparel, including vests, T-shirts, sweatshirts, jackets, coats, raingear, jumpsuits, hats, and gloves; and gloves and sleeves that are used in the automotive, glass, and metal fabrication industries. The company sells its products to a network of approximately 1,600 safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. The company was incorporated in 1982 and is headquartered in Huntsville, Alabama.
Earnings Per Share
As for profitability, Lakeland Industries has a trailing twelve months EPS of $0.26.
PE Ratio
Lakeland Industries has a trailing twelve months price to earnings ratio of 76.96. Meaning, the purchaser of the share is investing $76.96 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 1.56%.
Volume
Today’s last reported volume for Lakeland Industries is 24624 which is 50.8% below its average volume of 50050.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 15, 2024, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 0.6%.
Yearly Top and Bottom Value
Lakeland Industries’s stock is valued at $20.01 at 02:23 EST, way under its 52-week high of $26.10 and way higher than its 52-week low of $13.86.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 137.74M for the twelve trailing months.
4. Sapiens International Corporation N.V. (SPNS)
43.9% Payout Ratio
Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa. The company offers Sapiens CoreSuite and Sapiens IDITSuite for personal, commercial, and specialty lines, as well as reinsurance and workers' compensation; and Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster for life, pension, and annuities. It also provides Sapiens DigitalSuite for insurance customers, agents, brokers, risk managers, customer groups and third-party service providers; Sapiens AgentConnect and Sapiens CustomerConnect portals; Sapiens Intelligence, an analytics platform; Sapiens IntelligencePro, a comprehensive BI solution with pre-configured reports, dashboards, and scorecards; and Sapiens Advanced Analytics, which uses AI and Machine Learning to generate actionable insights based on different models across the insurance value chain. In addition, the company offers Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO reinsurance solutions; and Sapiens Platform, Sapiens CoreSuite, Sapiens PolicyPro, and Sapiens ClaimsPro, as well as Sapiens PolicyGo, Sapiens ClaimsGo, and Sapiens Connect for workers' compensation. Further, it provides financial and compliance solutions, which comprise Sapiens FinancialPro, Sapiens Financial GO, Sapiens StatementPro, Sapiens CheckPro, and Sapiens Reporting Tools; and Sapiens Decision, an enterprise-scale platform that enables institutions to centrally author, store, and manage various organizational business logics. Additionally, the company offers tailor-made solutions based on its Sapiens eMerge platform; and program delivery, business, and managed services. It markets and sells its products and services through direct and partner sales. The company was founded in 1982 and is headquartered in Holon, Israel.
Earnings Per Share
As for profitability, Sapiens International Corporation N.V. has a trailing twelve months EPS of $1.23.
PE Ratio
Sapiens International Corporation N.V. has a trailing twelve months price to earnings ratio of 29.22. Meaning, the purchaser of the share is investing $29.22 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 15.74%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.6%, now sitting on 532.61M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 8.8% and 2.8%, respectively.
Sales Growth
Sapiens International Corporation N.V.’s sales growth for the next quarter is 8.3%.
Moving Average
Sapiens International Corporation N.V.’s value is under its 50-day moving average of $36.63 and way higher than its 200-day moving average of $32.18.
5. Cathay General Bancorp (CATY)
32.69% Payout Ratio
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Cathay General Bancorp has a trailing twelve months EPS of $4.16.
PE Ratio
Cathay General Bancorp has a trailing twelve months price to earnings ratio of 10.29. Meaning, the purchaser of the share is investing $10.29 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 11.24%.
Moving Average
Cathay General Bancorp’s worth is above its 50-day moving average of $42.02 and higher than its 200-day moving average of $39.61.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.1%, now sitting on 735.21M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 15% and a negative 5.3%, respectively.
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).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
