(VIANEWS) – Nuveen Municipal Income Fund (NMI), Nordstrom (JWN), Ennis (EBF) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. Nuveen Municipal Income Fund (NMI)
696% Payout Ratio
Nuveen Municipal Income Fund, Inc. 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 primarily invests in municipal obligations issued by state and local government authorities. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.
Earnings Per Share
As for profitability, Nuveen Municipal Income Fund has a trailing twelve months EPS of $0.05.
PE Ratio
Nuveen Municipal Income Fund has a trailing twelve months price to earnings ratio of 190.6. Meaning, the purchaser of the share is investing $190.6 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 0.61%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 4.41M for the twelve trailing months.
Volume
Today’s last reported volume for Nuveen Municipal Income Fund is 20974 which is 48.41% above its average volume of 14132.
2. Nordstrom (JWN)
690.91% Payout Ratio
Nordstrom, Inc., a fashion retailer, provides apparels, shoes, cosmetics, and accessories for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and TrunkClub.com; and Nordstrom Locals. As of May 5, 2020, the company operated operates 378 stores in 40 states, including 116 full-line stores in the United States, Canada, and Puerto Rico; 247 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 5 Trunk Club clubhouses; and 5 Nordstrom Local service hubs. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.
Earnings Per Share
As for profitability, Nordstrom has a trailing twelve months EPS of $0.11.
PE Ratio
Nordstrom has a trailing twelve months price to earnings ratio of 208.64. Meaning, the purchaser of the share is investing $208.64 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 3.51%.
Sales Growth
Nordstrom’s sales growth for the current quarter is negative 10.6%.
Volume
Today’s last reported volume for Nordstrom is 2419630 which is 47.91% below its average volume of 4645610.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 25, 2023, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 3.4%.
Yearly Top and Bottom Value
Nordstrom’s stock is valued at $22.95 at 14:23 EST, way below its 52-week high of $27.43 and way above its 52-week low of $14.03.
3. Ennis (EBF)
54.95% Payout Ratio
Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, Specialized Printed Forms, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and Ace Forms brands. It also provides point of purchase advertising for large franchise and fast food chains, as well as kitting and fulfillment under the Adams McClure brand; and presentation folders and document folders under the Admore, Folder Express, and Independent Folders brands. In addition, the company offers custom printed, high performance labels, and custom and stock tags under the Ennis Tag & Label brands; custom and stock tags and labels under the Allen-Bailey Tag & Label, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners brands; custom and imprinted envelopes under the Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation brands; and financial and security documents under the Northstar and General Financial Supply brands. It distributes business products and forms through independent distributors. The company was formerly known as Ennis Business Forms, Inc. Ennis, Inc. was founded in 1909 and is headquartered in Midlothian, Texas.
Earnings Per Share
As for profitability, Ennis has a trailing twelve months EPS of $1.82.
PE Ratio
Ennis has a trailing twelve months price to earnings ratio of 11.71. Meaning, the purchaser of the share is investing $11.71 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 14.64%.
Yearly Top and Bottom Value
Ennis’s stock is valued at $21.32 at 14:23 EST, below its 52-week high of $23.48 and way above its 52-week low of $18.94.
Sales Growth
Ennis’s sales growth for the current quarter is negative 5.7%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 11.1% and a negative 10.6%, respectively.
4. Maximus (MMS)
40% Payout Ratio
Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; system implementation project management services; and specialized consulting services. The U.S. Federal Services segment offers BPS, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, including application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, and infrastructure and engineering solutions. The Outside the U.S. segment offers BPS solutions for international governments and commercial clients, including health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker-related services. The company was incorporated in 1975 and is based in Tysons, Virginia.
Earnings Per Share
As for profitability, Maximus has a trailing twelve months EPS of $2.8.
PE Ratio
Maximus has a trailing twelve months price to earnings ratio of 30.06. Meaning, the purchaser of the share is investing $30.06 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 10.91%.
Moving Average
Maximus’s value is higher than its 50-day moving average of $84.15 and way higher than its 200-day moving average of $76.09.
5. S&T Bancorp (STBA)
32.89% Payout Ratio
S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business banking, Commercial Construction, Consumer Real Estate, and Other Consumer. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions. In addition, the company distributes life insurance and long-term disability income insurance products, as well as offers title insurance agency services to commercial customers. As of December 31, 2020, it operated 76 banking branches and 5 loan production offices located in Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.
Earnings Per Share
As for profitability, S&T Bancorp has a trailing twelve months EPS of $3.74.
PE Ratio
S&T Bancorp has a trailing twelve months price to earnings ratio of 8.01. Meaning, the purchaser of the share is investing $8.01 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 12.12%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 1.28 and the estimated forward annual dividend yield is 4.13%.
Volume
Today’s last reported volume for S&T Bancorp is 188671 which is 7.05% above its average volume of 176244.
Moving Average
S&T Bancorp’s worth is above its 50-day moving average of $27.95 and under its 200-day moving average of $32.40.
