(VIANEWS) – Nuveen Floating Rate Income Fund (JFR), Stepan Company (SCL), Canadian National Railway Company (CNI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a promise 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 Floating Rate Income Fund (JFR)
80.93% Payout Ratio
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Floating Rate Income Fund has a trailing twelve months EPS of $-0.3.
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 -2.97%.
2. Stepan Company (SCL)
64.04% Payout Ratio
Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning and disinfection products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, disinfectants, and lubricating ingredients. Its surfactants are also used in various applications, including emulsifiers for spreading agricultural products; and industrial applications comprising latex systems, plastics, and composites. The Polymers segment provides polyurethane polyols that are used in the manufacture of rigid foam for thermal insulation in the construction industry, as well as a base raw material for coatings, adhesives, sealants, and elastomers (CASE); polyester resins, including liquid and powdered products, which are used in CASE applications; and phthalic anhydride that is used in unsaturated polyester resins, alkyd resins, and plasticizers for applications in construction materials, as well as components of automotive, boating, and other consumer products. The Specialty Products segment offers flavors, emulsifiers, and solubilizers for use in food, flavoring, nutritional supplement, and pharmaceutical applications. Stepan Company was founded in 1932 and is headquartered in Northbrook, Illinois.
Earnings Per Share
As for profitability, Stepan Company has a trailing twelve months EPS of $2.28.
PE Ratio
Stepan Company has a trailing twelve months price to earnings ratio of 38.69. Meaning, the purchaser of the share is investing $38.69 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 4.48%.
Moving Average
Stepan Company’s value is below its 50-day moving average of $90.38 and higher than its 200-day moving average of $86.83.
3. Canadian National Railway Company (CNI)
37.05% Payout Ratio
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks. It offers trucking services, such as door-to-door services, import and export dray, interline services, and specialized services, comprising flatbed trucks, on-deck mobile transport trays, expedited cargo, and permit/overweight services; and supply chain services. It serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. The company operates a rail network of approximately 20,000 route-miles of track and shipping spanning. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.
Earnings Per Share
As for profitability, Canadian National Railway Company has a trailing twelve months EPS of $6.32.
PE Ratio
Canadian National Railway Company has a trailing twelve months price to earnings ratio of 20.59. Meaning, the purchaser of the share is investing $20.59 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 27.11%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.6%, now sitting on 16.83B for the twelve trailing months.
Moving Average
Canadian National Railway Company’s value is higher than its 50-day moving average of $125.46 and way higher than its 200-day moving average of $116.95.
Yearly Top and Bottom Value
Canadian National Railway Company’s stock is valued at $130.12 at 13:23 EST, below its 52-week high of $132.12 and way higher than its 52-week low of $103.96.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 6, 2024, the estimated forward annual dividend rate is 2.51 and the estimated forward annual dividend yield is 1.91%.
4. Navient Corporation (NAVI)
34.59% Payout Ratio
Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates through four segments: Federal Education Loans, Consumer Lending, Business Processing, and Other. The company owns Federal Family Education Loan Program loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing and asset recovery services on its own loan portfolio, and federal education loans owned by the United States Department of Education and other institutions. It also owns, originates, and acquires private education loans; and offers healthcare services that include revenue cycle outsourcing, accounts receivable management, extended business office support, consulting engagement, and public health programs, as well as business processing services to state governments, agencies, court systems, municipalities, and parking and tolling authorities. In addition, the company provides customizable solutions for its clients that include hospitals, hospital systems, medical centers, large physician groups, other healthcare providers, and departments of public health; and corporate liquidity portfolio and debt repurchase services. Navient Corporation was founded in 1973 and is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, Navient Corporation has a trailing twelve months EPS of $1.85.
PE Ratio
Navient Corporation has a trailing twelve months price to earnings ratio of 8.81. Meaning, the purchaser of the share is investing $8.81 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 7.95%.
Yearly Top and Bottom Value
Navient Corporation’s stock is valued at $16.29 at 13:23 EST, way under its 52-week high of $19.69 and way higher than its 52-week low of $14.10.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 3.93%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 44.4%, now sitting on 1.16B for the twelve trailing months.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
