(VIANEWS) – Nustar Energy L.P. (NS), Monro (MNRO), Nuveen New York Select Tax (NXN) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee 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. Nustar Energy L.P. (NS)
432.43% Payout Ratio
NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in the United States and internationally. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia. The Storage segment owns terminal and storage facilities, which offer storage, handling, and other services for petroleum products, crude oil, specialty chemicals, and other liquids. This segment also provides pilotage, tug assistance, line handling, launch, emergency response, and other ship services. The Fuels Marketing segment is involved in bunkering operations in the Gulf Coast; blending operations; and purchase of petroleum products for resale. As of December 31, 2019, the company had 3,205 miles of refined product pipelines and 2,155 miles of crude oil pipelines in Texas, Oklahoma, Kansas, Colorado, and New Mexico; a 2,150-mile refined product pipeline originating in southern Kansas and terminating at Jamestown, North Dakota; a 450-mile refined product pipeline originating at Marathon Petroleum Corporation's Mandan, North Dakota refinery and terminating in Minneapolis, Minnesota; 2,000 miles of anhydrous ammonia pipelines; and 40 terminal and storage facilities, which offer approximately 61.3 million barrels of storage capacity. NuStar Energy L.P. was founded in 1999 and is headquartered in San Antonio, Texas.
Earnings Per Share
As for profitability, Nustar Energy L.P. has a trailing twelve months EPS of $0.37.
PE Ratio
Nustar Energy L.P. has a trailing twelve months price to earnings ratio of 45.84. Meaning,
the purchaser of the share is investing $45.84 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 11.97%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.2%, now sitting on 1.67B for the twelve trailing months.
2. Monro (MNRO)
77.46% Payout Ratio
Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services; routine maintenance services on passenger cars, light trucks, and vans; products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. The company also provides auto maintenance services, including oil change, lubrication and fluid, motor vehicle safety inspection, auto emissions test, and air conditioners inspection services; and auto repair services for fuel and ignition systems, wheel alignment, suspension system, air conditioners. In addition, it offers heating and cooling systems, transmission flush and fills, batteries, alternators, and starters, as well as belt and hose installation, and scheduled maintenance services. The company operates its stores under the brand names of Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Tire Barn Warehouse, and Free Service Tire & Auto Centers. As of March 27, 2021, it operated 1,263 company-operated stores, 96 franchised locations, seven wholesale locations, and three retread facilities in 32 states. The company was formerly known as Monro Muffler Brake, Inc. and changed its name to Monro, Inc. in August 2017. Monro, Inc. was founded in 1957 and is headquartered in Rochester, New York.
Earnings Per Share
As for profitability, Monro has a trailing twelve months EPS of $1.42.
PE Ratio
Monro has a trailing twelve months price to earnings ratio of 36.99. Meaning,
the purchaser of the share is investing $36.99 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 6.37%.
Moving Average
Monro ‘s value is way higher than its 50-day moving average of $47.31 and way above its 200-day moving average of $46.42.
Volume
Today’s last reported volume for Monro is 138943 which is 50.13% below its average volume of 278649.
Yearly Top and Bottom Value
Monro ‘s stock is valued at $52.52 at 01:23 EST, below its 52-week high of $54.11 and way above its 52-week low of $37.49.
Sales Growth
Monro ‘s sales growth is negative 3.5% for the present quarter and negative 3.2% for the next.
3. Nuveen New York Select Tax (NXN)
71.92% Payout Ratio
Nuveen New York 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 New York. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds with an average credit quality of Baa/BBB or better. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital New York Municipal Bond Index and S&P New York Municipal Bond Index. Nuveen New York 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 New York Select Tax has a trailing twelve months EPS of $0.6.
PE Ratio
Nuveen New York Select Tax has a trailing twelve months price to earnings ratio of 20.3. Meaning,
the purchaser of the share is investing $20.3 for every dollar of annual earnings.
Moving Average
Nuveen New York Select Tax’s value is higher than its 50-day moving average of $11.75 and above its 200-day moving average of $11.73.
4. Cohn & Steers (CNS)
47.55% Payout Ratio
Cohen & Steers, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries. The firm launches and manages equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. Through its subsidiaries, it also launches and manages hedge funds. The firm invests in public equity, fixed income, and commodity markets across the globe through its subsidiaries. Through its subsidiaries, it invests in companies operating in the real estate sector, including real estate investment trusts, infrastructure sector, and natural energy resources sector for its equity and fixed income investments. The firm also invests in preferred securities for its fixed income investments through its subsidiaries. Cohen & Steers, Inc. was founded in 1986 and is based in New York, with additional offices in London, United Kingdom; Central, Hong Kong; Tokyo, Japan; and Seattle, Washington.
Earnings Per Share
As for profitability, Cohn & Steers has a trailing twelve months EPS of $3.47.
PE Ratio
Cohn & Steers has a trailing twelve months price to earnings ratio of 20.48. Meaning,
the purchaser of the share is investing $20.48 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 40.54%.
Moving Average
Cohn & Steers’s worth is above its 50-day moving average of $67.32 and above its 200-day moving average of $69.41.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 9, 2022, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 3.1%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 21.5%, now sitting on 566.91M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 30.8% and a negative 17.7%, respectively.
5. Hanover Insurance Group (THG)
32.74% Payout Ratio
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, and other miscellaneous coverages. The Other segment offers investment management and advisory services to institutions, pension funds, and other organizations. The company markets its products and services through independent agents and brokers. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Earnings Per Share
As for profitability, Hanover Insurance Group has a trailing twelve months EPS of $13.02.
PE Ratio
Hanover Insurance Group has a trailing twelve months price to earnings ratio of 10.58. Meaning,
the purchaser of the share is investing $10.58 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 11.38%.
Sales Growth
Hanover Insurance Group’s sales growth is 5.4% for the ongoing quarter and 5.1% for the next.
