(VIANEWS) – Nuveen Select Maturities Municipal Fund (NIM), Alexandria Real Estate Equities (ARE), Prudential Short Duration High Yield Fund (ISD) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a guarantee 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 Select Maturities Municipal Fund (NIM)
2765% Payout Ratio
Nuveen Select Maturities Municipal 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 primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P Intermediate Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen Select Maturities Municipal Fund was formed on September 18, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Select Maturities Municipal Fund has a trailing twelve months EPS of $0.01.
PE Ratio
Nuveen Select Maturities Municipal Fund has a trailing twelve months price to earnings ratio of 849. Meaning, the purchaser of the share is investing $849 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 0.18%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 11, 2023, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 3.69%.
2. Alexandria Real Estate Equities (ARE)
355.07% Payout Ratio
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. The trusted partner to over 800 tenants, Alexandria has a total market capitalization of $28.3 billion and an asset base in North America of 75.1 million SF as of September 30, 2023, which includes 41.5 million RSF of operating properties and 5.6 million RSF of Class A/A+ properties undergoing construction, 8.9 million RSF of near-term and intermediate-term development and redevelopment projects, and 19.1 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.
Earnings Per Share
As for profitability, Alexandria Real Estate Equities has a trailing twelve months EPS of $1.38.
PE Ratio
Alexandria Real Estate Equities has a trailing twelve months price to earnings ratio of 68.34. Meaning, the purchaser of the share is investing $68.34 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 1.91%.
Sales Growth
Alexandria Real Estate Equities’s sales growth is 45.7% for the present quarter and 11.2% for the next.
3. Prudential Short Duration High Yield Fund (ISD)
223.77% Payout Ratio
Prudential Short Duration High Yield Fund, Inc. is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services). It seeks to invest in securities across all maturities, while attempting to maintain a weighted average portfolio duration of three years or less. The fund employs fundamental analysis to make its investments. It does not invest in municipal debt obligations, asset backed securities, or mortgage backed securities. Prudential Short Duration High Yield Fund, Inc. was formed on April 30, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Prudential Short Duration High Yield Fund has a trailing twelve months EPS of $0.61.
PE Ratio
Prudential Short Duration High Yield Fund has a trailing twelve months price to earnings ratio of 18.1. Meaning, the purchaser of the share is investing $18.1 for every dollar of annual earnings.
Moving Average
Prudential Short Duration High Yield Fund’s worth is below its 50-day moving average of $11.82 and under its 200-day moving average of $12.24.
Yearly Top and Bottom Value
Prudential Short Duration High Yield Fund’s stock is valued at $11.04 at 16:23 EST, way under its 52-week high of $13.30 and higher than its 52-week low of $10.98.
Volume
Today’s last reported volume for Prudential Short Duration High Yield Fund is 152734 which is 33.23% above its average volume of 114637.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 7, 2023, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 11.28%.
4. New Residential Investment (NRZ)
42.6% Payout Ratio
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.32%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 19.4% and a drop 15.9% for the next.
Yearly Top and Bottom Value
New Residential Investment’s stock is valued at $0.00 at 16:23 EST, under its 52-week low of $8.18.
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%.
Growth Estimates Quarters
The company’s growth estimates for the current 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).
