(VIANEWS) – Nuveen California Municipal Value Fund (NCA), Alexander & Baldwin (ALEX), Tekla Healthcare Investors (HQH) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to 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 California Municipal Value Fund (NCA)
429.38% Payout Ratio
Nuveen California Municipal Value Fund is a closed-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 the fixed income markets of California. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal and California income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P California Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen California Municipal Value Fund was formed on October 7, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen California Municipal Value Fund has a trailing twelve months EPS of $0.08.
PE Ratio
Nuveen California Municipal Value Fund has a trailing twelve months price to earnings ratio of 110.13. Meaning, the purchaser of the share is investing $110.13 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 0.91%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.35 and the estimated forward annual dividend yield is 3.95%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.1%, now sitting on 13.08M for the twelve trailing months.
Yearly Top and Bottom Value
Nuveen California Municipal Value Fund’s stock is valued at $8.81 at 02:23 EST, below its 52-week high of $9.12 and way above its 52-week low of $7.77.
Volume
Today’s last reported volume for Nuveen California Municipal Value Fund is 29863 which is 52.68% below its average volume of 63115.
2. Alexander & Baldwin (ALEX)
157.59% Payout Ratio
Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.
Earnings Per Share
As for profitability, Alexander & Baldwin has a trailing twelve months EPS of $0.56.
PE Ratio
Alexander & Baldwin has a trailing twelve months price to earnings ratio of 28.5. Meaning, the purchaser of the share is investing $28.5 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 3.99%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Alexander & Baldwin’s EBITDA is 62.62.
Moving Average
Alexander & Baldwin’s value is under its 50-day moving average of $17.30 and below its 200-day moving average of $17.59.
3. Tekla Healthcare Investors (HQH)
147.71% Payout Ratio
Tekla Healthcare Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a focus on factors such as current or anticipated market position for services or products, experienced business management, recognized technological expertise, and the ability either to generate funds internally to finance growth or to secure outside sources of capital to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Biotechnology Index, the S&P 500 Index, and the S&P 1500 Healthcare Index. It was previously known as H&Q Healthcare Investors. Tekla Healthcare Investors was formed on October 31, 1986 and is domiciled in the United States.
Earnings Per Share
As for profitability, Tekla Healthcare Investors has a trailing twelve months EPS of $1.09.
PE Ratio
Tekla Healthcare Investors has a trailing twelve months price to earnings ratio of 15.21. Meaning, the purchaser of the share is investing $15.21 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 6.1%.
Yearly Top and Bottom Value
Tekla Healthcare Investors’s stock is valued at $16.58 at 02:23 EST, under its 52-week high of $17.94 and way higher than its 52-week low of $14.31.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 10.29M for the twelve trailing months.
Moving Average
Tekla Healthcare Investors’s worth is below its 50-day moving average of $17.12 and above its 200-day moving average of $16.44.
Volume
Today’s last reported volume for Tekla Healthcare Investors is 125575 which is 35.42% below its average volume of 194456.
4. American Software (AMSWA)
141.94% Payout Ratio
American Software, Inc. develops, markets, and supports a range of computer business application software products in the United States and internationally. The company operates in three segments: Supply Chain Management (SCM), Information Technology Consulting (IT Consulting), and Other. The SCM segment offers Logility Digital Supply Chain Platform, a cloud-architected supply chain management platform that helps manage seven critical planning processes, such as product, demand, inventory, supply, deploy, integrated business planning, and supply chain data management. The IT Consulting segment provides IT staffing and consulting services, such as software enhancement, documentation, update, customer education, consulting, systems integration, maintenance, and support services. The Other segment offers American Software ERP, which provides purchasing and materials management, customer order processing, financial, e-commerce, and traditional manufacturing solutions. It also provides ongoing support and maintenance services; cloud hosting and managed services; and implementation and training services. The company markets its products through direct and indirect sales channels to the apparel and other soft goods, food and beverage, consumer packaged goods, consumer durable goods, wholesale distribution, specialty chemicals, and other process manufacturing industries. American Software, Inc. was incorporated in 1970 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, American Software has a trailing twelve months EPS of $0.31.
PE Ratio
American Software has a trailing twelve months price to earnings ratio of 37.16. Meaning, the purchaser of the share is investing $37.16 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 8.08%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.9%, now sitting on 119.3M for the twelve trailing months.
5. Permian Basin Royalty Trust (PBT)
100.2% Payout Ratio
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian), and Waddell fields located in Crane County, Texas. It also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Permian Basin Royalty Trust has a trailing twelve months EPS of $0.62.
PE Ratio
Permian Basin Royalty Trust has a trailing twelve months price to earnings ratio of 23.13. Meaning, the purchaser of the share is investing $23.13 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 12333%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 87.8%, now sitting on 30.08M for the twelve trailing months.
Yearly Top and Bottom Value
Permian Basin Royalty Trust’s stock is valued at $14.34 at 02:23 EST, way below its 52-week high of $27.77 and way higher than its 52-week low of $10.95.
Moving Average
Permian Basin Royalty Trust’s value is higher than its 50-day moving average of $13.63 and way under its 200-day moving average of $18.93.
6. Werner Enterprises (WERN)
31.25% Payout Ratio
Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. It operates in two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates medium-to-long-haul van fleet that transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which offers time-sensitive truckload services using driver teams; regional short-haul fleet that provides comparable truckload van service in the United States; and temperature controlled fleet, which offers truckload services for temperature sensitive products using temperature-controlled trailers. It transports retail store merchandise, consumer products, food and beverage products, and manufactured products. The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; management of shipments from origin to destination using a combination of air, ocean, truck, and rail transportation modes; and home and business deliveries of large or heavy items using liftgate straight truck. As of December 31, 2020, the company had a fleet of 7,830 trucks, which included 7,390 company-operated, as well as 440 owned and operated by independent contractors; 24,400 company-owned trailers that comprised dry vans, flatbeds, and temperature-controlled and other specialized trailers; and 31 intermodal drayage trucks. Werner Enterprises, Inc. was founded in 1956 and is headquartered in Omaha, Nebraska.
Earnings Per Share
As for profitability, Werner Enterprises has a trailing twelve months EPS of $1.76.
PE Ratio
Werner Enterprises has a trailing twelve months price to earnings ratio of 21.95. Meaning, the purchaser of the share is investing $21.95 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 7.36%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.6%, now sitting on 3.28B for the twelve trailing months.
Moving Average
Werner Enterprises’s worth is under its 50-day moving average of $39.71 and under its 200-day moving average of $40.92.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Werner Enterprises’s EBITDA is 0.91.
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.
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).
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
