(VIANEWS) – Nuveen AMT (NEA), Blackrock MuniHoldings New Jersey Quality Fund (MUJ), First Bancorp (FNLC) 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 promise 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 AMT (NEA)
364.17% Payout Ratio
Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax. It seeks to invest in securities that are rated Baa/BBB or better by S&P, Moody's, or Fitch. The fund's investment portfolio comprises investments in various industries, which include transportation, healthcare, utilities, housing/multifamily, and water and sewer. It was formerly known as Nuveen AMT-Free Municipal Income Fund. Nuveen AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen AMT has a trailing twelve months EPS of $0.12.
PE Ratio
Nuveen AMT has a trailing twelve months price to earnings ratio of 94.58. Meaning, the purchaser of the share is investing $94.58 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 1.02%.
2. Blackrock MuniHoldings New Jersey Quality Fund (MUJ)
110.8% Payout Ratio
BlackRock MuniHoldings New Jersey Quality Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes. The fund was formerly known as BlackRock MuniHoldings New Jersey Insured Fund. BlackRock MuniHoldings New Jersey Quality Fund, Inc. was formed in 1998 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniHoldings New Jersey Quality Fund has a trailing twelve months EPS of $0.44.
PE Ratio
Blackrock MuniHoldings New Jersey Quality Fund has a trailing twelve months price to earnings ratio of 25.95. Meaning, the purchaser of the share is investing $25.95 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 2.96%.
Yearly Top and Bottom Value
Blackrock MuniHoldings New Jersey Quality Fund’s stock is valued at $11.42 at 14:23 EST, under its 52-week high of $11.70 and way higher than its 52-week low of $9.74.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.2%, now sitting on 48.29M for the twelve trailing months.
3. First Bancorp (FNLC)
42.34% Payout Ratio
The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial real estate loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; commercial construction loans to finance construction of owner- and non-owner occupied commercial real estate properties; and other commercial loans, which include revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment. In addition, it offers municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles, as well as unsecured short-term time notes. Further, the company provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as payment processing services. It operates through 18 full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.
Investors with an interest in Banks – Southeast stocks have likely encountered both Popular (BPOP Quick QuoteBPOP – Free Report) and First Bancorp (FBP Quick QuoteFBP – Free Report) . , Popular has a Zacks Rank of #2 (Buy), while First Bancorp has a Zacks Rank of #4 (Sell) right now.
Earnings Per Share
As for profitability, First Bancorp has a trailing twelve months EPS of $2.48.
PE Ratio
First Bancorp has a trailing twelve months price to earnings ratio of 9.67. Meaning, the purchaser of the share is investing $9.67 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 11.7%.
Moving Average
First Bancorp’s worth is higher than its 50-day moving average of $23.54 and below its 200-day moving average of $24.22.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.1%, now sitting on 78M for the twelve trailing months.
Yearly Top and Bottom Value
First Bancorp’s stock is valued at $23.99 at 14:23 EST, way below its 52-week high of $29.16 and way above its 52-week low of $21.77.
4. Carpenter Technology Corporation (CRS)
30.42% Payout Ratio
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
Some better-ranked stocks in the Basic Materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Eldorado Gold Corporation(EGO Quick QuoteEGO – Free Report) and Kinross Gold Corporation (KGC Quick QuoteKGC – Free Report) .
Earnings Per Share
As for profitability, Carpenter Technology Corporation has a trailing twelve months EPS of $2.63.
PE Ratio
Carpenter Technology Corporation has a trailing twelve months price to earnings ratio of 45.38. Meaning, the purchaser of the share is investing $45.38 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 9.28%.
Sales Growth
Carpenter Technology Corporation’s sales growth for the current quarter is 0.7%.
Yearly Top and Bottom Value
Carpenter Technology Corporation’s stock is valued at $119.34 at 14:23 EST, below its 52-week high of $124.52 and way higher than its 52-week low of $55.74.
Previous days news about Carpenter Technology Corporation (CRS)
- According to Zacks on Friday, 19 July, "Some other top-ranked stocks in the Basic Materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Eldorado Gold Corporation(EGO Quick QuoteEGO – Free Report) and Kinross Gold Corporation (KGC Quick QuoteKGC – Free Report) . "
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.
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).
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
