(VIANEWS) – Alliancebernstein Global High Income Fund (AWF), Nuveen Municipal Income Fund (NMI), Wausau Pape (WPP) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio at the moment. 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 issue 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. Alliancebernstein Global High Income Fund (AWF)
2620% Payout Ratio
AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of JPMorgan Government Bond Index-Emerging Markets, JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. It was previously known as Alliance World Dollar Government Fund II, Inc. AllianceBernstein Global High Income Fund was formed on May 20, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Alliancebernstein Global High Income Fund has a trailing twelve months EPS of $-0.58.
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 -5.09%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.1%, now sitting on 69.15M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 1, 2023, the estimated forward annual dividend rate is 0.79 and the estimated forward annual dividend yield is 8.51%.
2. 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 166.6. Meaning, the purchaser of the share is investing $166.6 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 stated by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 4.54%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 4.41M for the twelve trailing months.
Volume
Today’s last reported volume for Nuveen Municipal Income Fund is 17451 which is 19.4% below its average volume of 21653.
3. Wausau Pape (WPP)
80.69% Payout Ratio
WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies. It offers advertising, marketing, brand strategies, and campaigns across all media; and provides media planning and buying services. It also provides media investment; data and technology, and content services. The company also offers public relations and specialist agency services. WPP plc was founded in 1985 and is based in London, the United Kingdom.
Earnings Per Share
As for profitability, Wausau Pape has a trailing twelve months EPS of $2.97.
PE Ratio
Wausau Pape has a trailing twelve months price to earnings ratio of 14.2. Meaning, the purchaser of the share is investing $14.2 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 14.96%.
Yearly Top and Bottom Value
Wausau Pape’s stock is valued at $42.17 at 08:23 EST, way under its 52-week high of $64.07 and higher than its 52-week low of $41.13.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 11, 2023, the estimated forward annual dividend rate is 2.52 and the estimated forward annual dividend yield is 5.98%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.9%, now sitting on 14.89B for the twelve trailing months.
Volume
Today’s last reported volume for Wausau Pape is 140206 which is 7.73% above its average volume of 130142.
4. Lake Shore Bancorp (LSBK)
38.71% Payout Ratio
Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club, passbook, and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts comprising demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for small to medium sized businesses. The company's loan portfolio consists of commercial real estate, commercial construction, and home equity loans; lines of credit; commercial loans, such as business installment loan, line of credit, and other commercial loan; one-to four-family residential mortgages; and consumer loans that include personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured loans, as well as loans secured by certificates of deposit. As of February 5, 2021, it had eleven full-service branch locations in Western New York, including five locations in Chautauqua County and six locations in Erie County, New York. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore Bancorp, Inc. operates as a subsidiary of Lake Shore, MHC.
Earnings Per Share
As for profitability, Lake Shore Bancorp has a trailing twelve months EPS of $0.93.
PE Ratio
Lake Shore Bancorp has a trailing twelve months price to earnings ratio of 10.59. Meaning, the purchaser of the share is investing $10.59 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 6.66%.
Yearly Top and Bottom Value
Lake Shore Bancorp’s stock is valued at $9.85 at 08:23 EST, way under its 52-week high of $13.41 and above its 52-week low of $9.61.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.4%, now sitting on 28.34M for the twelve trailing months.
Volume
Today’s last reported volume for Lake Shore Bancorp is 306 which is 82.54% below its average volume of 1753.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 2, 2022, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 7.31%.
5. Franklin Financial Services Corporation (FRAF)
38.67% Payout Ratio
Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to small and medium-sized businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania. It offers various deposit products, including checking, savings, money management, and time deposit accounts, as well as demand deposits. The company also provides commercial real estate, construction and land development, agricultural, commercial and industrial, and residential mortgage loans, as well as installment and revolving loans to consumers; and secured and unsecured commercial and industrial loans, including accounts receivable and inventory financing, and commercial equipment financing. In addition, it offers various investment and trust services comprising estate planning and administration, corporate and personal trust fund management, pension, and profit sharing and other employee benefit funds management services, as well as custodial services; sells mutual funds, annuities, and insurance products; and offers safe deposit facilities and fiduciary services. Further, the company, through its subsidiary, Franklin Future Fund Inc., operates as a non-bank investment company that makes venture capital investments. It operates twenty-two community banking offices in Franklin, Cumberland, Fulton, and Huntingdon counties, Pennsylvania. Franklin Financial Services Corporation was founded in 1906 and is headquartered in Chambersburg, Pennsylvania.
Earnings Per Share
As for profitability, Franklin Financial Services Corporation has a trailing twelve months EPS of $3.31.
PE Ratio
Franklin Financial Services Corporation has a trailing twelve months price to earnings ratio of 8.56. Meaning, the purchaser of the share is investing $8.56 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 12.1%.
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 claimed 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%.
