(VIANEWS) – Nuveen Select Maturities Municipal Fund (NIM), Newell Rubbermaid (NWL), Tekla Healthcare Investors (HQH) are the highest payout ratio stocks on this list.
We have congregated information about 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 distribute 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 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 885. Meaning, the purchaser of the share is investing $885 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%.
Yearly Top and Bottom Value
Nuveen Select Maturities Municipal Fund’s stock is valued at $8.85 at 19:23 EST, under its 52-week high of $9.74 and above its 52-week low of $8.28.
Volume
Today’s last reported volume for Nuveen Select Maturities Municipal Fund is 55227 which is 44.71% above its average volume of 38162.
2. Newell Rubbermaid (NWL)
195.74% Payout Ratio
Newell Brands Inc. engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in five segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization products; hygiene systems and material handling solutions; and connected home and security products under the Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands. The Home Appliances segment offers kitchen appliances under the Calphalon, Crockpot, Mr. Coffee, Oster, and Sunbeam brands. The Home Solutions segment provides food and home storage; fresh preserving; vacuum sealing; and gourmet cookware, bakeware, cutlery, and home fragrance products under the Ball, Calphalon, Chesapeake Bay Candle, FoodSaver, Rubbermaid, Sistema, WoodWick, and Yankee Candle brands. The Learning and Development segment offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; labeling solutions; and baby gear and infant care products under the Aprica, Baby Jogger, Dymo, Elmer's, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Tigex, Waterman, and X-Acto brands. The Outdoor and Recreation segment provides outdoor and outdoor-related products under the Campingaz, Coleman, Contigo, ExOfficio, and Marmot brands. It serves warehouse clubs, department and drug/grocery stores, mass merchants, home centers, commercial products distributors, specialty retailers, office superstores and supply stores, contract stationers, e-commerce retailers, sporting goods, and travel retailers, as well as direct to consumers online, select contract customers, and other professional customers. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.
Earnings Per Share
As for profitability, Newell Rubbermaid has a trailing twelve months EPS of $-1.33.
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 -15.97%.
Yearly Top and Bottom Value
Newell Rubbermaid’s stock is valued at $8.74 at 19:23 EST, way below its 52-week high of $16.76 and way above its 52-week low of $6.50.
Moving Average
Newell Rubbermaid’s value is way above its 50-day moving average of $7.69 and under its 200-day moving average of $9.32.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 6.3% and 133.3%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Newell Rubbermaid’s EBITDA is -63.38.
3. Tekla Healthcare Investors (HQH)
147.71% Payout Ratio
Tekla Healthcare 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 healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a focus on factors such as current or anticipated market position for services or products, experienced business management, recognized 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 Biotechnology Index, the S&P 500 Index, and the S&P 1500 Healthcare Index. It was previously known as H&Q Healthcare Investors. Tekla Healthcare Investors was formed on October 31, 1986 and is domiciled in the United States.
Earnings Per Share
As for profitability, Tekla Healthcare Investors has a trailing twelve months EPS of $1.09.
PE Ratio
Tekla Healthcare Investors has a trailing twelve months price to earnings ratio of 14.72. Meaning, the purchaser of the share is investing $14.72 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 6.1%.
Yearly Top and Bottom Value
Tekla Healthcare Investors’s stock is valued at $16.04 at 19:23 EST, way under its 52-week high of $19.15 and way higher than its 52-week low of $14.31.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 20, 2023, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 9.8%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 10.29M for the twelve trailing months.
4. BlackRock Investment Quality Municipal Trust (BKN)
85% Payout Ratio
BlackRock Investment Quality Municipal Trust 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 invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes. Blackrock Investment Quality Municipal Trust Inc. was formed on February 28, 1993 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock Investment Quality Municipal Trust has a trailing twelve months EPS of $-0.07.
5. Flushing Financial Corporation (FFIC)
78.57% Payout Ratio
Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. The company also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. In addition, it offers banking services to public municipalities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2021, the company operated 24 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau and Suffolk County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.
Earnings Per Share
As for profitability, Flushing Financial Corporation has a trailing twelve months EPS of $1.12.
PE Ratio
Flushing Financial Corporation has a trailing twelve months price to earnings ratio of 15.12. Meaning, the purchaser of the share is investing $15.12 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 4.99%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 32.4% and a negative 17.6%, respectively.
Volume
Today’s last reported volume for Flushing Financial Corporation is 98669 which is 3.39% above its average volume of 95425.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 6, 2023, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 5.19%.
Sales Growth
Flushing Financial Corporation’s sales growth is 3.4% for the current quarter and negative 14.2% for the next.
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%.
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).
