(VIANEWS) – Nuveen New York Municipal Value Fund (NNY), BlackRock Energy and Resources Trust (BGR), Genie Energy Ltd. (GNE) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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 New York Municipal Value Fund (NNY)
190.59% Payout Ratio
Nuveen New York Municipal Value 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 New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's New York Municipal Bond Index and Standard & Poor's National Municipal Bond Index. Nuveen New York Municipal Value Fund, Inc. was formed on October 7, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen New York Municipal Value Fund has a trailing twelve months EPS of $0.17.
PE Ratio
Nuveen New York Municipal Value Fund has a trailing twelve months price to earnings ratio of 48.59. Meaning, the purchaser of the share is investing $48.59 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 1.71%.
Volume
Today’s last reported volume for Nuveen New York Municipal Value Fund is 11127 which is 76.4% below its average volume of 47150.
2. BlackRock Energy and Resources Trust (BGR)
113.22% Payout Ratio
BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through equity derivatives, with an emphasis on option writing. It was formerly known as BlackRock Global Energy and Resources Trust. BlackRock Energy and Resources Trust was formed on December 23, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Energy and Resources Trust has a trailing twelve months EPS of $0.69.
PE Ratio
BlackRock Energy and Resources Trust has a trailing twelve months price to earnings ratio of 19.54. Meaning, the purchaser of the share is investing $19.54 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 4.68%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.79 and the estimated forward annual dividend yield is 6.06%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.5%, now sitting on 14.59M for the twelve trailing months.
Moving Average
BlackRock Energy and Resources Trust’s value is higher than its 50-day moving average of $12.50 and higher than its 200-day moving average of $12.55.
3. Genie Energy Ltd. (GNE)
61.22% Payout Ratio
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The company also engages in the provision of energy advisory and brokerage services; solar panel manufacturing and distribution; solar installation design; and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.
Earnings Per Share
As for profitability, Genie Energy Ltd. has a trailing twelve months EPS of $0.49.
PE Ratio
Genie Energy Ltd. has a trailing twelve months price to earnings ratio of 31.47. Meaning, the purchaser of the share is investing $31.47 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 7.74%.
Volume
Today’s last reported volume for Genie Energy Ltd. is 167876 which is 6.85% below its average volume of 180235.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.9%, now sitting on 428.71M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Genie Energy Ltd.’s EBITDA is -19.33.
4. Accenture (ACN)
43.1% Payout Ratio
Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services. It also provides change management, HR transformation and delivery, organization strategy and design, talent strategy and development, and leadership and culture services; digital commerce; infrastructure services, including cloud infrastructure managed, cloud and data center, network, digital workplace, database platforms, service management, and cloud and infrastructure security services; data-enabled operating models; technology consulting and AI services; and technology consulting services. In addition, the company offers engineering and R&D digitization, smart connected products, product as-a-service enablement, capital projects, intelligent asset management, digital industrial workforce, and autonomous robotic systems; business process outsourcing; and services related to technology innovation. Further, it provides cloud, ecosystem, marketing, security, supply chain management, zero-based transformation, customer experience, finance consulting, mergers and acquisitions, and sustainability services. The company has a collaboration with Salesforce, Inc. to develop Salesforce Life Sciences Cloud. The company was founded in 1951 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, Accenture has a trailing twelve months EPS of $11.02.
PE Ratio
Accenture has a trailing twelve months price to earnings ratio of 28.62. Meaning, the purchaser of the share is investing $28.62 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 27.44%.
Moving Average
Accenture’s worth is way below its 50-day moving average of $364.66 and under its 200-day moving average of $328.08.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Accenture’s EBITDA is 68.24.
5. The Travelers Companies (TRV)
30.73% Payout Ratio
The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers' compensation, commercial automobile and property, general liability, commercial multi-peril, employers' liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products. This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; and national property and other that serve large and mid-sized customers, commercial trucking industry, and agricultural businesses, as well as markets and distributes its products through brokers, wholesale agents, and program managers. The Bond & Specialty Insurance segment provides surety, fidelity, management and professional liability, and other property and casualty coverages and related risk management services through independent agencies and brokers. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners' insurance to individuals through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York, New York.
Earnings Per Share
As for profitability, The Travelers Companies has a trailing twelve months EPS of $12.78.
PE Ratio
The Travelers Companies has a trailing twelve months price to earnings ratio of 17.3. Meaning, the purchaser of the share is investing $17.3 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 12.87%.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA 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%.
