(VIANEWS) – Nuveen Dividend Advantage Municipal Fund (NAD), TeklaLife Sciences Investors (HQL), Nordic American Tankers Limited (NAT) 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 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 Dividend Advantage Municipal Fund (NAD)
250% Payout Ratio
Nuveen Quality Municipal Income 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 the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P). The fund was formerly known as Nuveen Dividend Advantage Municipal Fund. Nuveen Quality Municipal Income Fund was formed on January 15, 1999 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Dividend Advantage Municipal Fund has a trailing twelve months EPS of $0.19.
PE Ratio
Nuveen Dividend Advantage Municipal Fund has a trailing twelve months price to earnings ratio of 58.32. Meaning, the purchaser of the share is investing $58.32 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 1.58%.
Volume
Today’s last reported volume for Nuveen Dividend Advantage Municipal Fund is 907666 which is 1.8% below its average volume of 924372.
Moving Average
Nuveen Dividend Advantage Municipal Fund’s worth is below its 50-day moving average of $11.12 and above its 200-day moving average of $10.91.
Yearly Top and Bottom Value
Nuveen Dividend Advantage Municipal Fund’s stock is valued at $11.08 at 13:23 EST, under its 52-week high of $12.15 and way above its 52-week low of $9.56.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 10, 2024, the estimated forward annual dividend rate is 0.53 and the estimated forward annual dividend yield is 4.77%.
2. TeklaLife Sciences Investors (HQL)
162.03% Payout Ratio
Tekla Life Sciences 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 life sciences sector, including the biotechnology, pharmaceutical, diagnostics, managed healthcare, medical equipment, hospitals, healthcare information technology and services, devices and supplies industries, and in agriculture and environmental management industries. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a focus on factors such as market position for services or products, experience of business management, 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 Biotech Index and the S&P 500 Index. It was formerly known as H&Q Life Sciences Investors fund. Tekla Life Sciences Investors was formed on February 20, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, TeklaLife Sciences Investors has a trailing twelve months EPS of $0.79.
PE Ratio
TeklaLife Sciences Investors has a trailing twelve months price to earnings ratio of 17.48. Meaning, the purchaser of the share is investing $17.48 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 1.28%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 34.4%, now sitting on 3.51M for the twelve trailing months.
Volume
Today’s last reported volume for TeklaLife Sciences Investors is 74767 which is 40.49% below its average volume of 125650.
Moving Average
TeklaLife Sciences Investors’s worth is higher than its 50-day moving average of $12.97 and higher than its 200-day moving average of $13.14.
3. Nordic American Tankers Limited (NAT)
85.71% Payout Ratio
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.56.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 7.82. Meaning, the purchaser of the share is investing $7.82 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 22.4%.
Moving Average
Nordic American Tankers Limited’s value is higher than its 50-day moving average of $4.27 and higher than its 200-day moving average of $4.01.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 23.5% and a negative 36.4%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Nordic American Tankers Limited’s EBITDA is 69.32.
Volume
Today’s last reported volume for Nordic American Tankers Limited is 2062640 which is 40.9% below its average volume of 3490240.
4. Blackrock MuniYield Quality Fund II (MQT)
79.02% 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 $-0.11.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.96%.
Volume
Today’s last reported volume for Blackrock MuniYield Quality Fund II is 74173 which is 0.33% below its average volume of 74426.
Moving Average
Blackrock MuniYield Quality Fund II’s value is higher than its 50-day moving average of $10.13 and above its 200-day moving average of $9.84.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 13, 2024, the estimated forward annual dividend rate is 0.59 and the estimated forward annual dividend yield is 5.75%.
Yearly Top and Bottom Value
Blackrock MuniYield Quality Fund II’s stock is valued at $10.23 at 13:23 EST, below its 52-week high of $11.00 and way above its 52-week low of $8.59.
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.
