(VIANEWS) – Nuveen AMT (NUW), Hurco Companies (HURC), Global Indemnity Group, LLC (GBLI) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up to 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 distribute 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 $0.29.
PE Ratio
Nuveen AMT has a trailing twelve months price to earnings ratio of 48.4. Meaning, the purchaser of the share is investing $48.4 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 12, 2023, the estimated forward annual dividend rate is 0.49 and the estimated forward annual dividend yield is 3.46%.
Volume
Today’s last reported volume for Nuveen AMT is 7712 which is 74.56% below its average volume of 30322.
Yearly Top and Bottom Value
Nuveen AMT’s stock is valued at $14.03 at 20:23 EST, under its 52-week high of $15.05 and above its 52-week low of $12.87.
2. Hurco Companies (HURC)
92.42% Payout Ratio
Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine tools, including vertical machining centers and turning centers. It also provides computer control systems and related software for press brake applications. In addition, the company offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was founded in 1968 and is headquartered in Indianapolis, Indiana.
Earnings Per Share
As for profitability, Hurco Companies has a trailing twelve months EPS of $0.66.
PE Ratio
Hurco Companies has a trailing twelve months price to earnings ratio of 32.48. Meaning, the purchaser of the share is investing $32.48 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 1.9%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 14.3%, now sitting on 229.6M for the twelve trailing months.
Moving Average
Hurco Companies’s value is under its 50-day moving average of $21.69 and way under its 200-day moving average of $24.80.
Volume
Today’s last reported volume for Hurco Companies is 16581 which is 30.73% below its average volume of 23937.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Hurco Companies’s EBITDA is 0.42.
3. Global Indemnity Group, LLC (GBLI)
90.09% Payout Ratio
Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsurance products worldwide. It operates through Commercial Specialty; Farm, Ranch, & Stable; and Reinsurance Operations segments. The Commercial Specialty segment distributes property, general liability, casualty, and professional lines products. This segment sells its products through a network of wholesale general agents and program administrators. The Farm, Ranch, & Stable segment offers commercial farm auto and excess/umbrella coverage for the agriculture industry, as well as specialized insurance products for the equine mortality and equine major medical industry on an admitted basis through wholesalers and retail agents. The Reinsurance Operations segment provides offer third-party treaty reinsurance for casualty insurance and reinsurance companies, as well as professional liability products to companies through brokers. Global Indemnity Group, LLC was founded in 2003 and is headquartered in Bala Cynwyd, Pennsylvania.
Earnings Per Share
As for profitability, Global Indemnity Group, LLC has a trailing twelve months EPS of $1.11.
PE Ratio
Global Indemnity Group, LLC has a trailing twelve months price to earnings ratio of 28.96. Meaning, the purchaser of the share is investing $28.96 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 2.53%.
Yearly Top and Bottom Value
Global Indemnity Group, LLC’s stock is valued at $32.15 at 20:23 EST, under its 52-week high of $34.40 and way above its 52-week low of $20.52.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 21, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 3.08%.
Moving Average
Global Indemnity Group, LLC’s worth is higher than its 50-day moving average of $30.51 and way above its 200-day moving average of $27.07.
4. Brinks Company (BCO)
32.65% Payout Ratio
The Brink's Company provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally. The company offers armored vehicle transportation of valuables; automated teller machine (ATM) management services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance services; network infrastructure; and cash-in-transit services. It also provides transportation services for diamonds, jewelry, precious metals, securities, bank notes, currency, high-tech devices, electronics, and pharmaceuticals; vault outsourcing and money processing services; and services related to deploying and servicing intelligent safes and safe control devices, as well as cashier balancing, counterfeit detection, account consolidation, electronic reporting, check imaging, and reconciliation services. In addition, the company offers technology applications, including online cash tracking, cash inventory management, and other web-based tools. Further, it provides bill payment acceptance and processing services; prepaid cards and corporate debit cards; and security system design and installation services that include alarms, motion detectors, closed-circuit televisions, and digital video recorders, as well as access control systems comprising card and biometric readers, electronic locks, and turnstiles. Additionally, the company offers monitoring services; and security and guarding services to protect airports, offices, warehouses, stores, and public venues. It serves banks and financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations. The company was formerly known as The Pittston Company and changed its name to The Brink's Company in May 2003. The Brink's Company was founded in 1859 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Brinks Company has a trailing twelve months EPS of $2.45.
PE Ratio
Brinks Company has a trailing twelve months price to earnings ratio of 28.96. Meaning, the purchaser of the share is investing $28.96 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 26.28%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 27, 2023, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 1.29%.
Moving Average
Brinks Company’s value is above its 50-day moving average of $68.75 and way above its 200-day moving average of $63.37.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.4%, now sitting on 4.65B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 3.1% and 36.6%, respectively.
5. First Merchants Corporation (FRME)
32.24% Payout Ratio
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Earnings Per Share
As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.97.
PE Ratio
First Merchants Corporation has a trailing twelve months price to earnings ratio of 7.6. Meaning, the purchaser of the share is investing $7.6 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 12.09%.
