(VIANEWS) – Nuveen AMT (NEA), Dow Chemical Company (DOW), Ares Management L.P. (ARES) 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 issue 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 89.42. Meaning, the purchaser of the share is investing $89.42 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%.
Moving Average
Nuveen AMT’s worth is under its 50-day moving average of $10.83 and higher than its 200-day moving average of $10.57.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.1%, now sitting on 268.08M for the twelve trailing months.
2. Dow Chemical Company (DOW)
166.67% Payout Ratio
Dow Inc., through its subsidiaries, engages in the provision of various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. The company operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers for mobility and transportation, consumer, wire and cable, and construction end-markets. The Industrial Intermediates & Infrastructure segment offers purified ethylene, ethylene and ethanol amines, propylene glycol and polyether polyols, aromatic isocyanates and coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; and silicon metal, siloxanes, and intermediates used as key materials in manufacturing differentiated downstream silicone products. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.
Earnings Per Share
As for profitability, Dow Chemical Company has a trailing twelve months EPS of $0.82.
PE Ratio
Dow Chemical Company has a trailing twelve months price to earnings ratio of 70.35. Meaning, the purchaser of the share is investing $70.35 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 6.41%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 5.02%.
Moving Average
Dow Chemical Company’s worth is under its 50-day moving average of $57.84 and above its 200-day moving average of $54.29.
Volume
Today’s last reported volume for Dow Chemical Company is 2928700 which is 43.42% below its average volume of 5177090.
3. Ares Management L.P. (ARES)
143.36% Payout Ratio
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
Earnings Per Share
As for profitability, Ares Management L.P. has a trailing twelve months EPS of $2.25.
PE Ratio
Ares Management L.P. has a trailing twelve months price to earnings ratio of 59.45. Meaning, the purchaser of the share is investing $59.45 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 24.05%.
Yearly Top and Bottom Value
Ares Management L.P.’s stock is valued at $133.76 at 20:23 EST, way under its 52-week high of $150.12 and way above its 52-week low of $90.29.
Volume
Today’s last reported volume for Ares Management L.P. is 3758070 which is 213.24% above its average volume of 1199740.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 11.1% and 22.9%, respectively.
Moving Average
Ares Management L.P.’s value is under its 50-day moving average of $137.29 and way higher than its 200-day moving average of $121.29.
4. Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX)
44.67% Payout Ratio
Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed 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 public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the stocks of large-cap companies. The fund also invests through index call options. It seeks to replicate the performance of its portfolio against the NASDAQ 100 Index. The fund was previously known as NASDAQ Premium Income & Growth Fund Inc. Nuveen Nasdaq 100 Dynamic Overwrite Fund was formed on January 30, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen NASDAQ 100 Dynamic Overwrite Fund has a trailing twelve months EPS of $6.74.
PE Ratio
Nuveen NASDAQ 100 Dynamic Overwrite Fund has a trailing twelve months price to earnings ratio of 3.65. Meaning, the purchaser of the share is investing $3.65 for every dollar of annual earnings.
Volume
Today’s last reported volume for Nuveen NASDAQ 100 Dynamic Overwrite Fund is 137355 which is 33.7% above its average volume of 102731.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 14, 2023, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 8.05%.
Moving Average
Nuveen NASDAQ 100 Dynamic Overwrite Fund’s value is above its 50-day moving average of $23.58 and above its 200-day moving average of $23.03.
5. Mexico Fund (MXF)
38.46% Payout Ratio
The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc. was formed in June 01, 1981 and is domiciled in Maryland, United States.
Earnings Per Share
As for profitability, Mexico Fund has a trailing twelve months EPS of $2.08.
PE Ratio
Mexico Fund has a trailing twelve months price to earnings ratio of 8.53. Meaning, the purchaser of the share is investing $8.53 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 22.22%.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield 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.
