Nuveen Municipal Income Fund And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Nuveen Municipal Income Fund (NMI), Brandywine Realty Trust (BDN), Tredegar Corporation (TG) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up until 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 Municipal Income Fund (NMI)

696% Payout Ratio

Nuveen Municipal Income Fund, Inc. 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 primarily invests in municipal obligations issued by state and local government authorities. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.

Earnings Per Share

As for profitability, Nuveen Municipal Income Fund has a trailing twelve months EPS of $0.05.

PE Ratio

Nuveen Municipal Income Fund has a trailing twelve months price to earnings ratio of 190.6. Meaning, the purchaser of the share is investing $190.6 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 0.61%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jul 12, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 3.97%.

Moving Average

Nuveen Municipal Income Fund’s worth is higher than its 50-day moving average of $9.50 and above its 200-day moving average of $9.34.

Volume

Today’s last reported volume for Nuveen Municipal Income Fund is 20974 which is 48.41% above its average volume of 14132.

2. Brandywine Realty Trust (BDN)

542.86% Payout Ratio

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 162 properties and 22.8 million square feet as of June 30, 2023 which excludes assets held for sale. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together.

Earnings Per Share

As for profitability, Brandywine Realty Trust has a trailing twelve months EPS of $0.14.

PE Ratio

Brandywine Realty Trust has a trailing twelve months price to earnings ratio of 34.54. Meaning, the purchaser of the share is investing $34.54 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 1.57%.

3. Tredegar Corporation (TG)

159.38% Payout Ratio

Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft-alloy and medium-strength custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and fabricated aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, and Pearl A brands. This segment also provides thin-gauge films as overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Terphane, Ecophane, and Sealphane brands. Tredegar Corporation was founded in 1955 and is headquartered in Richmond, Virginia.

Earnings Per Share

As for profitability, Tredegar Corporation has a trailing twelve months EPS of $0.32.

PE Ratio

Tredegar Corporation has a trailing twelve months price to earnings ratio of 21.23. Meaning, the purchaser of the share is investing $21.23 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 5.3%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 19.2%, now sitting on 893.12M for the twelve trailing months.

Yearly Top and Bottom Value

Tredegar Corporation’s stock is valued at $6.80 at 02:23 EST, way below its 52-week high of $12.51 and way higher than its 52-week low of $5.85.

Moving Average

Tredegar Corporation’s worth is below its 50-day moving average of $6.89 and way below its 200-day moving average of $9.50.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Tredegar Corporation’s EBITDA is 52.23.

4. Rocky Brands (RCKY)

50% Payout Ratio

Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products in approximately 10,000 retail locations through a range of distribution channels comprising sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, and specialty and online retailers. The Retail segment sells its products directly to consumers through its e-commerce websites, including rockyboots.com, georgiaboot.com, durangoboot.com, lehighoutfitters.com, lehighsafetyshoes.com, slipgrips.com,muckbootcompany.com,xtratuf.com, and Rocky outlet store in Nelsonville, Ohio, and retail stores. The Contract Manufacturing segment include private label sales and any sales to customers which are contracted to manufacture a specific footwear product for a customer and include sales to the U.S. Military. It serves industrial and construction workers, as well as workers in the hospitality industry, such as restaurants or hotels; farmers and ranchers; consumers enamored with western influenced fashion; commercial military personnel; hunting, fishing, camping, and hiking enthusiasts; law enforcement, security personnel, and postal employees; and for the U.S. military personnel. Rocky Brands, Inc. was founded in 1932 and is headquartered in Nelsonville, Ohio.

Earnings Per Share

As for profitability, Rocky Brands has a trailing twelve months EPS of $1.74.

PE Ratio

Rocky Brands has a trailing twelve months price to earnings ratio of 11.74. Meaning, the purchaser of the share is investing $11.74 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 4.38%.

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%.

Dividend Yield

As stated 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.

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