(VIANEWS) – The AES (AES), Israel Chemicals Limited Ordinary Shares (ICL), Nuveen Core Equity Alpha Fund Nuveen Core Equity Alpha Fund (JCE) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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. The AES (AES)
91.81% Payout Ratio
The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 34,596 megawatts and distributes power to 2.6 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.
Earnings Per Share
As for profitability, The AES has a trailing twelve months EPS of $0.34.
PE Ratio
The AES has a trailing twelve months price to earnings ratio of 49.56. Meaning, the purchaser of the share is investing $49.56 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 negative -1.48%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 85.7% and a drop 1.7% for the next.
2. Israel Chemicals Limited Ordinary Shares (ICL)
76.4% Payout Ratio
ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Innovative Ag Solutions (IAS). The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products. The Potash segment extracts potash from the Dead Sea; mines and produces potash and salt; produces Polysulphate; produces, markets, and sells magnesium and magnesium alloys, as well as related by-products, including chlorine and sylvinite; and sells salt. The Phosphate Solutions segment uses phosphate commodity products to produce specialty products; produces and markets phosphate-based fertilizers, as well as sulphuric acid, green phosphoric acid, and phosphate fertilizers; and manufactures thermal phosphoric acid for various industrial end markets, such as oral care, cleaning products, paints and coatings, water treatment, asphalt modification, construction, and metal treatment. It also develops and produces functional food ingredients and phosphate additives for use in the processed meat, poultry, seafood, dairy, beverage, and baked goods markets; and produces milk and whey proteins for the food ingredients industry. The IAS segment develops, manufactures, markets, and sells fertilizers based primarily on nitrogen, potash, and phosphate, including water soluble specialty, liquid, soluble, and controlled-release fertilizers. It sells its products through marketing companies, agents, and distributors. The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. The company was founded in 1968 and is headquartered in Tel Aviv, Israel.
Earnings Per Share
As for profitability, Israel Chemicals Limited Ordinary Shares has a trailing twelve months EPS of $0.36.
PE Ratio
Israel Chemicals Limited Ordinary Shares has a trailing twelve months price to earnings ratio of 12.75. Meaning, the purchaser of the share is investing $12.75 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 8.69%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 6, 2024, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 3.98%.
3. Nuveen Core Equity Alpha Fund Nuveen Core Equity Alpha Fund (JCE)
75.68% Payout Ratio
Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options. It invests in stocks of companies operating across diversified sectors. It primarily invests in stocks of large-cap companies with market capitalization within the range of S&P 500 Index. The fund employs quantitative analysis to create its portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index. Nuveen Core Equity Alpha Fund was formed on March 23, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Core Equity Alpha Fund Nuveen Core Equity Alpha Fund has a trailing twelve months EPS of $2.52.
PE Ratio
Nuveen Core Equity Alpha Fund Nuveen Core Equity Alpha Fund has a trailing twelve months price to earnings ratio of 5.84. Meaning, the purchaser of the share is investing $5.84 for every dollar of annual earnings.
Moving Average
Nuveen Core Equity Alpha Fund Nuveen Core Equity Alpha Fund’s worth is higher than its 50-day moving average of $14.60 and higher than its 200-day moving average of $13.70.
Volume
Today’s last reported volume for Nuveen Core Equity Alpha Fund Nuveen Core Equity Alpha Fund is 31487 which is 19.27% below its average volume of 39003.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 14, 2023, the estimated forward annual dividend rate is 1.28 and the estimated forward annual dividend yield is 10.47%.
4. Union Bankshares (UNB)
61.28% Payout Ratio
Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit. The company also provides commercial real estate loans; consumer loans; municipal loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; and residential real estate loans. In addition, it offers small business administration guaranteed, and residential construction and mortgage loans; online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository services; merchant credit card services; remote deposit capture services; and online mortgage application services. Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM services; debit cards; and telephone, Internet, and mobile banking services; home improvement loans and overdraft; and asset management, fiduciary, and trust services. It offers retail banking services to individuals; and commercial banking services to small and medium sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts. The company operates 18 banking offices, 2 loan centers, and various ATMs. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.
Earnings Per Share
As for profitability, Union Bankshares has a trailing twelve months EPS of $2.35.
PE Ratio
Union Bankshares has a trailing twelve months price to earnings ratio of 9.46. Meaning, the purchaser of the share is investing $9.46 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 17.2%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.1%, now sitting on 47.75M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 25, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 6.67%.
Moving Average
Union Bankshares’s worth is below its 50-day moving average of $23.27 and way below its 200-day moving average of $27.27.
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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
