(VIANEWS) – Nuveen Arizona Premium Income Municipal Fund (NAZ), City Office REIT (CIO), Prudential Global Short Duration High Yield Fund (GHY) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio so far. 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 distribute 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. Nuveen Arizona Premium Income Municipal Fund (NAZ)
2000% Payout Ratio
Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years. 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 (S&P) Arizona Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen Arizona Premium Income Municipal Fund. Nuveen Arizona Quality Municipal Income Fund was formed on November 19, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Arizona Premium Income Municipal Fund has a trailing twelve months EPS of $-0.13.
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 -14.88%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.4%, now sitting on 9.47M for the twelve trailing months.
2. City Office REIT (CIO)
363.64% Payout Ratio
City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (“NRA”).
Earnings Per Share
As for profitability, City Office REIT has a trailing twelve months EPS of $-0.47.
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 -1.46%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 83.3% and a drop 33.3% for the next.
3. Prudential Global Short Duration High Yield Fund (GHY)
160.59% Payout Ratio
PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services. It seeks to maintain a weighted average maturity of five years or less. PGIM Global Short Duration High Yield Fund, Inc. was formed on December 26, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Prudential Global Short Duration High Yield Fund has a trailing twelve months EPS of $0.85.
PE Ratio
Prudential Global Short Duration High Yield Fund has a trailing twelve months price to earnings ratio of 13.19. Meaning, the purchaser of the share is investing $13.19 for every dollar of annual earnings.
Dividend Yield
As stated 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 12.23%.
Volume
Today’s last reported volume for Prudential Global Short Duration High Yield Fund is 224632 which is 40.39% above its average volume of 160000.
Yearly Top and Bottom Value
Prudential Global Short Duration High Yield Fund’s stock is valued at $11.21 at 16:23 EST, under its 52-week high of $12.14 and above its 52-week low of $10.24.
Moving Average
Prudential Global Short Duration High Yield Fund’s value is above its 50-day moving average of $10.68 and higher than its 200-day moving average of $11.00.
4. Reynolds Consumer Products (REYN)
71.88% Payout Ratio
Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and E-Z Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including blue and clear recycling bags, compostable bags, bags made from recycled materials, and the Hefty EnergyBag Program. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. Reynolds Consumer Products Inc. offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.
Earnings Per Share
As for profitability, Reynolds Consumer Products has a trailing twelve months EPS of $1.28.
PE Ratio
Reynolds Consumer Products has a trailing twelve months price to earnings ratio of 20.72. Meaning, the purchaser of the share is investing $20.72 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 14.47%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.47%.
Yearly Top and Bottom Value
Reynolds Consumer Products’s stock is valued at $26.52 at 16:23 EST, way below its 52-week high of $30.75 and above its 52-week low of $24.80.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Reynolds Consumer Products’s EBITDA is 1.95.
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%.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
