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Nuveen AMT And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Nuveen AMT (NEA), Cracker Barrel Old Country Store (CBRL), ONEOK (OKE) are the highest payout ratio stocks on this list.

We have gathered information about stocks with the highest payout ratio so far. 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 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 (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 90.25. Meaning, the purchaser of the share is investing $90.25 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%.

Yearly Top and Bottom Value

Nuveen AMT’s stock is valued at $10.83 at 14:23 EST, under its 52-week high of $11.19 and way higher than its 52-week low of $9.20.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 5.6%.

2. Cracker Barrel Old Country Store (CBRL)

138.67% Payout Ratio

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company's Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. The company's gift shops comprise various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, cookware, and various other gift items, as well as various candies, preserves, and other food items. As of September 14, 2022, it operated 664 Cracker Barrel stores in 45 states. The company was incorporated in 1969 and is headquartered in Lebanon, Tennessee.

Earnings Per Share

As for profitability, Cracker Barrel Old Country Store has a trailing twelve months EPS of $3.75.

PE Ratio

Cracker Barrel Old Country Store has a trailing twelve months price to earnings ratio of 15.28. Meaning, the purchaser of the share is investing $15.28 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 17.59%.

Moving Average

Cracker Barrel Old Country Store’s worth is below its 50-day moving average of $62.95 and way below its 200-day moving average of $71.77.

Volume

Today’s last reported volume for Cracker Barrel Old Country Store is 885740 which is 19.21% above its average volume of 742980.

Sales Growth

Cracker Barrel Old Country Store’s sales growth for the next quarter is 9.3%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 33.9% and positive 3.9% for the next.

3. ONEOK (OKE)

91.13% Payout Ratio

ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Nebraska, Iowa, and Illinois; NGL distribution pipelines in Kansas, Nebraska, Iowa, Illinois, and Indiana; transports refined petroleum products, including unleaded gasoline and diesel; and owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities. Further, it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space and rail cars. Additionally, the company transports, stores, and distributes refined products, NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and heating fuel users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, ONEOK has a trailing twelve months EPS of $5.48.

PE Ratio

ONEOK has a trailing twelve months price to earnings ratio of 14.36. Meaning, the purchaser of the share is investing $14.36 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 19.08%.

4. Eaton Vance Floating Rate Income Trust (EFT)

73.74% Payout Ratio

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eaton Vance Floating Rate Income Trust has a trailing twelve months EPS of $1.73.

PE Ratio

Eaton Vance Floating Rate Income Trust has a trailing twelve months price to earnings ratio of 7.78. Meaning, the purchaser of the share is investing $7.78 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 13.87%.

5. Helmerich & Payne (HP)

51.86% Payout Ratio

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, Helmerich & Payne has a trailing twelve months EPS of $3.49.

PE Ratio

Helmerich & Payne has a trailing twelve months price to earnings ratio of 11.1. Meaning, the purchaser of the share is investing $11.1 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 12.7%.

6. Accenture (ACN)

43.7% Payout Ratio

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services. It also provides change management, HR transformation and delivery, organization strategy and design, talent strategy and development, and leadership and culture services; digital commerce; infrastructure services, including cloud infrastructure managed, cloud and data center, network, digital workplace, database platforms, service management, and cloud and infrastructure security services; data-enabled operating models; technology consulting and AI services; and technology consulting services. In addition, the company offers engineering and R&D digitization, smart connected products, product as-a-service enablement, capital projects, intelligent asset management, digital industrial workforce, and autonomous robotic systems; business process outsourcing; and services related to technology innovation. Further, it provides cloud, ecosystem, marketing, security, supply chain management, zero-based transformation, customer experience, finance consulting, mergers and acquisitions, and sustainability services. The company has a collaboration with Salesforce, Inc. to develop Salesforce Life Sciences Cloud. The company was founded in 1951 and is based in Dublin, Ireland.

Earnings Per Share

As for profitability, Accenture has a trailing twelve months EPS of $11.02.

PE Ratio

Accenture has a trailing twelve months price to earnings ratio of 28.62. Meaning, the purchaser of the share is investing $28.62 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 27.38%.

Previous days news about Accenture (ACN)

  • Accenture (acn) subsidiary completes acquisition of cognosante. According to Zacks on Tuesday, 21 May, "The company’s subsidiary Accenture Federal Services announced yesterday that it has completed the acquisition of Virginia-based digital transformation and cloud modernization solutions provider Cognosante. ", "Commenting on the acquisition, Accenture Federal Services CEO John Goodman said, "With the addition of Cognosante’s industry-leading people and capabilities, and by continuing to draw upon Accenture’s proven commercial innovation in health, life sciences, and insurance, Accenture Federal Services will accelerate impact for our clients and offer greater career growth opportunities for our people as a result of this acquisition."

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%.

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).

Revenue Growth

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

Sales Growth

1’s sales growth is 1% for the current quarter and 1% for the next.

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