(VIANEWS) – Nuveen Credit Strategies Income Fund Shares of Beneficial Interest (JQC), CSG Systems International (CSGS), Webster Financial Corporation (WBS) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio as yet. 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 issue 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 Credit Strategies Income Fund Shares of Beneficial Interest (JQC)

152.34% Payout Ratio

Nuveen Credit Strategies Income Fund, a closed-ended, balanced mutual fund, was launched by Nuveen Investments, Inc. Symphony Asset Management, LLC manages the fund. The fund invests in fixed income markets and the public equity market of the United States. It invests in preferred securities, convertible securities, senior secured loans and second-lien loans. The fund seeks investment in high-quality securities. It uses fundamental analysis to select stocks based on market conditions, interest rates, emerging trends, bond and equity markets and analysis of relative values for preferred, convertible, and other debt instruments. It uses leverage. The Fund benchmarks its performance against Barclays Capital U.S. Aggregate Bond Index. Formerly known as Nuveen Multi Strategy Income & Growth Fund 2, the fund is now called Aggregate Bond Index. Nuveen Credit Strategies Income Fund, which was established June 25, 2003, is based in the United States.

Volume

Today’s last reported volume for Nuveen Credit Strategies Income Fund Shares of Beneficial Interest is 120485, 64.51% below its average volume of 339504.

As maintained by Morningstar, Inc., the next dividend payment is on May 11, 2022, the estimated forward annual dividend rate is 0.46 and the estimated forward annual dividend yield is 8.4%.

Year-on-year quarterly revenue growth declined by 2.9%, now sitting on 63.94M for the twelve trailing months.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.55%.

Volatility

Nuveen Credit Strategies Income Fund Shares of Beneficial Interest’s last day, week, and month’s current intraday variation average was 0.56%, 0.56%, and 0.53%, respectively.

Nuveen Credit Strategies Income Fund Shares of Beneficial Interest’s highest amplitude of average volatility was 1.31% (day), 1.28% (last week), and 1.29% (last month), respectively.

Nuveen Credit Strategies Income Fund Shares of Beneficial Interest’s Stock Yearly Top and Bottom Value

Nuveen Credit Strategies Income Fund Shares of Beneficial Interest’s stock is valued at $5.41 at 08:23 EST, way under its 52-week high of $6.61 and above its 52-week low of $5.11.

Nuveen Credit Strategies Income Fund Shares of Beneficial Interest’s Moving Average

Nuveen Credit Strategies Income Fund Shares of Beneficial Interest’s value is below its 50-day moving average of $5.41 and below its 200-day moving average of $5.87.

2. CSG Systems International (CSGS)

73.05% Payout Ratio

CSG Systems International, Inc. offers revenue management, customer service, and payment solutions to the communication industry in Asia Pacific, Europe, Africa, Middle East, Africa, Asia Pacific, and Americas. Advanced Convergent Platform is a cloud-based private platform. It also offers related customer communication management solutions such as field force automation and analytics. Electronic bill presentation, ACH, and other electronic billing are all possible. Processing voice, SMS/text and print messages. It also offers managed services and professional services for implementing, configuring, and maintaining its solutions. The company serves the government, financial, entertainment, healthcare and media markets. It was founded in 1994, and its headquarters are in Greenwood Village in Colorado.

Volume

Today’s last reported volume for CSG Systems International is 116985, 48.56% below its average volume of 227457.

As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2022, the estimated forward annual dividend rate is 1.06 and the estimated forward annual dividend yield is 1.85%.

CSG Systems International’s sales growth this year is expected to be 5.9% and 5.1% for next year.

Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 1.06B for the twelve trailing months.

CSG Systems International’s sales growth is 5.4% for the ongoing quarter and 6.8% for the next. The company’s growth estimates for the current quarter and the next is 2.3% and 16.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.97%.

Volatility

CSG Systems International’s last day, week, and month’s current intraday variation average was 0.93%, 1.50%, and 1.90%, respectively.

CSG Systems International’s highest amplitude of average volatility was 2.36% (day), 2.80% (last week), and 3.33% (last month), respectively.

CSG Systems International’s Stock Yearly Top and Bottom Value

CSG Systems International’s stock is valued at $57.96 at 08:24 EST, way below its 52-week high of $66.58 and way above its 52-week low of $45.23.

CSG Systems International’s Moving Average

CSG Systems International’s worth is under its 50-day moving average of $59.77 and below its 200-day moving average of $59.34.

3. Webster Financial Corporation (WBS)

50% Payout Ratio

Webster Financial Corporation is the bank holding firm for Webster Bank National Association. It provides financial and investment services, as well as banking and other financial services, to Americans, their families and businesses. The bank operates in three segments, namely, Commercial Banking, HSA Bank and Community Banking. Commercial Banking provides middle-market companies with deposit and lending services. It also offers commercial and industrial loans and leasing. Commercial real estate lending is available. Equipment financing can be arranged. Asset-based lending services are offered as well. The segment offers trust and financial services as well as asset management and financial planning. It also provides deposit and loan products to high-net-worth clients and not-for profit organizations. HSA Bank offers a variety of financial services to employees, including flexible spending accounts and health reimbursement accounts. Community Banking offers deposit- and fee-based services as well as residential mortgages and home equity loans. Consumers can also get credit cards and investment services through LPL Financial Holdings Inc. The segment offers credit, cash flow, and deposit management products for businesses as well as professional services firms. It also provides online and mobile banking services. It had 155 banks centers and 297 ATMs as of February 12, 2021. Webster Financial Corporation was established in 1935. It is located in Waterbury in Connecticut.

Volume

Today’s last reported volume for Webster Financial Corporation is 775778, 19.36% below its average volume of 962117.

As maintained by Morningstar, Inc., the next dividend payment is on Jul 31, 2022, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 3.33%.

Webster Financial Corporation’s sales growth this year is expected to be 119.4% and 15.7% for next year.

Year-on-year quarterly revenue growth grew by 89%, now sitting on 1.54B for the twelve trailing months.

Webster Financial Corporation’s sales growth for the next quarter is 143.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.57%.

Volatility

Webster Financial Corporation’s last day, week, and month’s current intraday variation average was 1.60%, 1.44%, and 1.39%, respectively.

Webster Financial Corporation’s highest amplitude of average volatility was 2.17% (day), 1.61% (last week), and 1.94% (last month), respectively.

Webster Financial Corporation’s Stock Yearly Top and Bottom Value

Webster Financial Corporation’s stock is valued at $48.04 at 08:25 EST, way below its 52-week high of $65.00 and way higher than its 52-week low of $40.72.

Webster Financial Corporation’s Moving Average

Webster Financial Corporation’s value is higher than its 50-day moving average of $45.55 and under its 200-day moving average of $52.56.

4. Prudential Financial (PRU)

37.41% Payout Ratio

Prudential Financial, Inc., along with its affiliates, offers insurance, investment management, as well as other financial products, services, both in the United States, and abroad. The company operates in eight segments, namely PGIM and Retirement, Group Insurance. Individual Annuities, Individual Life. Assurance IQ. International Businesses. It offers solutions and services in investment management, including public fixed income, public equity and real estate debt, equity and equity, private credits and other options, and multi-asset classes strategies to both institutional and retail clients. The company also offers a variety of income and retirement products to pension plan sponsors, public and private. Its primary clients are institutions. These services include group life, long term and short-term disability insurance, group bank- and trust-owned insurance, group life and accidental death and dismemberment insurance, plan administration and insurance policies. The company also develops and distributes annuities that are individual and fixed, primarily to wealthy and middle-class markets. It also offers universal, variable, and term life insurance products for the masses of the US. It also offers third-party term, life, Medicare, property, casualty and life insurance products to consumers through digital channels and independent agents. Through its third-party and proprietary distribution channels, the company provides its services and products to individuals and institutions. Prudential Financial, Inc., was established in Newark, New Jersey in 1875.

Volume

Today’s last reported volume for Prudential Financial is 951821, 42.66% below its average volume of 1659980.

As claimed by Morningstar, Inc., the next dividend payment is on May 22, 2022, the estimated forward annual dividend rate is 4.8 and the estimated forward annual dividend yield is 4.74%.

Prudential Financial’s sales growth this year is expected to be negative 10.7% and 1.2% for next year.

Year-on-year quarterly revenue growth grew by 2.3%, now sitting on 70.87B for the twelve trailing months.

Prudential Financial’s sales growth for the current quarter is negative 11.2%. The company’s growth estimates for the current quarter and the next is negative 29.8% and negative -22.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.92%.

Volatility

Prudential Financial’s last day, week, and month’s current intraday variation average was 1.30%, 1.40%, and 1.18%, respectively.

Prudential Financial’s highest amplitude of average volatility was 1.55% (day), 1.55% (last week), and 2.22% (last month), respectively.

Prudential Financial’s Stock Yearly Top and Bottom Value

Prudential Financial’s stock is valued at $99.52 at 08:25 EST, way below its 52-week high of $124.22 and way higher than its 52-week low of $90.25.

Prudential Financial’s Moving Average

Prudential Financial’s value is under its 50-day moving average of $102.71 and below its 200-day moving average of $108.97.

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