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Nuveen And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Nuveen (JPC), Star Bulk Carriers Corp. (SBLK), BCB Bancorp (BCBP) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio up until now. 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 (JPC)

1805% Payout Ratio

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in preferred securities, dividend paying stocks of companies, and corporate and taxable municipal debt securities which are rated BBB/Baa or better by S&P, Moody's, or Fitch. The fund employs fundamental analysis with a top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the BofA/Merrill Lynch Preferred Stock Fixed Rate Index and the JPC Blended Index which is comprised of 82.5% BofA/Merrill Lynch Preferred Stock Fixed Rate Index and 17.5% Barclays Capital Securities Index. The fund was formerly known as Nuveen Preferred Income Opportunities Fund. Nuveen Preferred & Income Opportunities Fund was formed on March 26, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen has a trailing twelve months EPS of $0.03.

PE Ratio

Nuveen has a trailing twelve months price to earnings ratio of 268.68. Meaning, the purchaser of the share is investing $268.68 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 9.42%.

Volume

Today’s last reported volume for Nuveen is 591098 which is 49.2% below its average volume of 1163770.

Revenue Growth

Year-on-year quarterly revenue growth grew by 78.9%, now sitting on 118.22M for the twelve trailing months.

2. Star Bulk Carriers Corp. (SBLK)

67.41% Payout Ratio

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.

Earnings Per Share

As for profitability, Star Bulk Carriers Corp. has a trailing twelve months EPS of $2.7.

PE Ratio

Star Bulk Carriers Corp. has a trailing twelve months price to earnings ratio of 8.13. Meaning, the purchaser of the share is investing $8.13 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 11.87%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 27, 2024, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 12.76%.

Volume

Today’s last reported volume for Star Bulk Carriers Corp. is 1246450 which is 25.06% below its average volume of 1663280.

Yearly Top and Bottom Value

Star Bulk Carriers Corp.’s stock is valued at $21.95 at 20:23 EST, way under its 52-week high of $27.47 and way above its 52-week low of $17.91.

3. BCB Bancorp (BCBP)

53.33% Payout Ratio

BCB Bancorp, Inc. operates as a bank holding company for BCB Community Bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts. It also provides loans, such as commercial and multi-family real estate, one-to-four family mortgage, commercial business, small business administration, construction, home equity and lines of credit, and consumer loans, as well as residential loans secured by one-to-four family dwellings, condominiums, and cooperative units. In addition, the company offers retail and commercial banking services comprising wire transfers, money orders, safe deposit boxes, night depository services, debit cards, online and mobile banking services, fraud detection services, and automated teller services. As of December 31, 2021, it operated 29 branch offices in Bayonne, Carteret, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lyndhurst, Maplewood, Monroe Township, Newark, Parsippany, Plainsboro, River Edge, Rutherford, South Orange, Union, and Woodbridge, New Jersey, as well as three branches in Staten Island and Hicksville, New York. The company was founded in 2000 and is headquartered in Bayonne, New Jersey.

Earnings Per Share

As for profitability, BCB Bancorp has a trailing twelve months EPS of $1.2.

PE Ratio

BCB Bancorp has a trailing twelve months price to earnings ratio of 10.09. Meaning, the purchaser of the share is investing $10.09 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 6.92%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 2, 2024, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 5.28%.

Yearly Top and Bottom Value

BCB Bancorp’s stock is valued at $12.11 at 20:23 EST, way under its 52-week high of $13.90 and way higher than its 52-week low of $9.19.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 17.9% and a negative 8.6%, respectively.

4. BlackRock Utility and Infrastructure Trust (BUI)

52.8% Payout Ratio

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors. It invests in stocks of companies across diversified market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. The fund was formerly known as BlackRock Utility and Infrastructure Trust. BlackRock Utility, Infrastructure & Power Opportunities Trust was formed on November 22, 2011 and is domiciled in the United States.

Earnings Per Share

As for profitability, BlackRock Utility and Infrastructure Trust has a trailing twelve months EPS of $0.73.

PE Ratio

BlackRock Utility and Infrastructure Trust has a trailing twelve months price to earnings ratio of 33.49. Meaning, the purchaser of the share is investing $33.49 for every dollar of annual earnings.

Yearly Top and Bottom Value

BlackRock Utility and Infrastructure Trust’s stock is valued at $24.45 at 20:23 EST, below its 52-week high of $24.46 and way above its 52-week low of $18.73.

5. Southside Bancshares (SBSI)

52.59% Payout Ratio

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Earnings Per Share

As for profitability, Southside Bancshares has a trailing twelve months EPS of $2.7.

PE Ratio

Southside Bancshares has a trailing twelve months price to earnings ratio of 11.9. Meaning, the purchaser of the share is investing $11.9 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 10.46%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 22, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 4.48%.

6. Haverty Furniture Companies (HVT)

52.36% Payout Ratio

Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name. The company sells home furnishings through its retail stores, as well as through its Website. As of December 31, 2021, it operated 121 showrooms in 16 states in the Southern and Midwestern regions. Haverty Furniture Companies, Inc. was founded in 1885 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Haverty Furniture Companies has a trailing twelve months EPS of $2.33.

PE Ratio

Haverty Furniture Companies has a trailing twelve months price to earnings ratio of 11.79. Meaning, the purchaser of the share is investing $11.79 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 12.73%.

Moving Average

Haverty Furniture Companies’s worth is above its 50-day moving average of $27.40 and under its 200-day moving average of $30.17.

Yearly Top and Bottom Value

Haverty Furniture Companies’s stock is valued at $27.47 at 20:23 EST, way under its 52-week high of $37.05 and way higher than its 52-week low of $23.09.

Sales Growth

Haverty Furniture Companies’s sales growth is negative 11.2% for the current quarter and negative 3.7% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 52% and a negative 41.1%, 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

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