Nuveen California Select Tax And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Nuveen California Select Tax (NXC), Blackrock MuniYield Quality Fund II (MQT), Campbell Soup Company (CPB) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio so far. 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 researching 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 California Select Tax (NXC)

273.53% Payout Ratio

Nuveen California Select Tax-Free Income Portfolio 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 in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen California Select Tax has a trailing twelve months EPS of $0.19.

PE Ratio

Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 68.02. Meaning, the purchaser of the share is investing $68.02 for every dollar of annual earnings.

Moving Average

Nuveen California Select Tax’s value is below its 50-day moving average of $13.20 and above its 200-day moving average of $12.86.

Yearly Top and Bottom Value

Nuveen California Select Tax’s stock is valued at $12.92 at 08:23 EST, under its 52-week high of $13.70 and above its 52-week low of $11.86.

2. Blackrock MuniYield Quality Fund II (MQT)

171.11% Payout Ratio

BlackRock MuniYield Quality Fund II, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in municipal debt bonds exempt from federal income taxes. BlackRock MuniYield Quality Fund II, Inc. was formed in September 21, 1992 and is domiciled in United States.

Earnings Per Share

As for profitability, Blackrock MuniYield Quality Fund II has a trailing twelve months EPS of $0.27.

PE Ratio

Blackrock MuniYield Quality Fund II has a trailing twelve months price to earnings ratio of 36.67. Meaning, the purchaser of the share is investing $36.67 for every dollar of annual earnings.

3. Campbell Soup Company (CPB)

58.04% Payout Ratio

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada. This segment provides Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans, and dinner sauces; Swanson canned poultry; Plum baby food and snacks; V8 juices and beverages; and Campbell's tomato juice. The Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products; Milano cookies and Goldfish crackers; and Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory Pretzel Crisps, Pop Secret popcorn, Emerald nuts, and other snacking products. This segment is also involved in the retail business in Latin America. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments, and independent contractor distributors. The company was founded in 1869 and is headquartered in Camden, New Jersey.

Earnings Per Share

As for profitability, Campbell Soup Company has a trailing twelve months EPS of $2.55.

PE Ratio

Campbell Soup Company has a trailing twelve months price to earnings ratio of 17.33. Meaning, the purchaser of the share is investing $17.33 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 20.56%.

4. Newmark Group (NMRK)

57.14% Payout Ratio

Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc. is a subsidiary of Cantor Fitzgerald, L.P.

Earnings Per Share

As for profitability, Newmark Group has a trailing twelve months EPS of $0.21.

PE Ratio

Newmark Group has a trailing twelve months price to earnings ratio of 48.29. Meaning, the purchaser of the share is investing $48.29 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 3.4%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 2.5B for the twelve trailing months.

Moving Average

Newmark Group’s value is below its 50-day moving average of $10.46 and way above its 200-day moving average of $8.60.

5. Royce Micro (RMT)

49.66% Payout Ratio

Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, 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 value stocks of companies with market capitalization of less than $500 million. The fund benchmarks the performance of its portfolios against Russell 2000 Index. Royce Micro-Cap Trust, Inc was formed on December 14, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, Royce Micro has a trailing twelve months EPS of $1.49.

PE Ratio

Royce Micro has a trailing twelve months price to earnings ratio of 5.93. Meaning, the purchaser of the share is investing $5.93 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 14.78%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 8, 2024, the estimated forward annual dividend rate is 0.73 and the estimated forward annual dividend yield is 8.22%.

Moving Average

Royce Micro’s value is below its 50-day moving average of $9.15 and above its 200-day moving average of $8.79.

Volume

Today’s last reported volume for Royce Micro is 91677 which is 17.35% below its average volume of 110930.

6. Graco (GGG)

31.97% Payout Ratio

Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company's Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also provides liquid finishing equipment; paint circulating and supply pumps; paint circulating advanced control systems; plural component coating proportioners; spare parts and accessories; and powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The company's Process segment offers pumps to move and dispense chemicals, water, wastewater, petroleum, food, lubricants, and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities; and chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. It also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; and systems, components, and accessories for the automatic lubrication of bearings, gears, and generators in industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. The company's Contractor segment offers sprayers to apply paint to walls and other structures; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. It sells its products through distributors, original equipment manufacturers, and home center channels; and directly to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.

Earnings Per Share

As for profitability, Graco has a trailing twelve months EPS of $2.94.

PE Ratio

Graco has a trailing twelve months price to earnings ratio of 30. Meaning, the purchaser of the share is investing $30 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 24.81%.

Moving Average

Graco’s worth is below its 50-day moving average of $91.08 and higher than its 200-day moving average of $82.61.

Yearly Top and Bottom Value

Graco’s stock is valued at $88.20 at 08:23 EST, below its 52-week high of $94.77 and way higher than its 52-week low of $68.78.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 2.2B for the twelve trailing months.

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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA 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).

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.

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).

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