(VIANEWS) - Nuveen Global High Income Fund (JGH), Equity Residential (EQR), Principal Financial Group (PFG) 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. Nuveen Global High Income Fund (JGH)
138.39% Payout Ratio
Nuveen Investments, Inc. launched the Nuveen Global High Income Fund, a closed-end fixed income mutual fund. Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC co-manage the fund. The fund invests in fixed-income markets around the world. It invests primarily in U.S.-issued high-yield bond, as well as non-U.S.-issued high-yield Bonds from emerging and developed markets. The fund seeks investment in securities below investment grade rated BB/Ba and lower. It uses a global high-income diversification strategy that blends high yield bonds with income-producing securities across all capital structures and credit ranges to build its portfolio. The fund benchmarks its performance against the Barclays Global High Yield Index. Nuveen Global High Income Fund, which was established on August 5, 2014, is based in the United States.
Moving Average
Nuveen Global High Income Fund's worth is under its 50-day moving average of $12.14 and way under its 200-day moving average of $13.52.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 11, 2022, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 10.99%.
2. Equity Residential (EQR)
77.09% Payout Ratio
Equity Residential believes in creating communities that are healthy and happy. Equity Residential, a S&P 500 member, focuses on residential property acquisitions, development, and management in dynamic areas that are attractive to long-term renters. Equity Residential has invested in or owns 305 properties that include 78,568 apartments units. These properties are located in Boston and New York as well as Washington D.C. Seattle, San Francisco San Francisco, Southern California, Denver, San Francisco, San Francisco, San Francisco, San Francisco, San Francisco, Southern California, Denver, Washington D.C., Washington, D.C., Seattle, San Francisco and San Francisco.
Earnings Per Share
As for profitability, Equity Residential has a trailing twelve months EPS of $1.77.
PE Ratio
Equity Residential has a trailing twelve months price to earnings ratio of 37.73. Meaning, the purchaser of the share is investing $37.73 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 11.64%.3. Principal Financial Group (PFG)
43.22% Payout Ratio
Principal Financial Group, Inc. offers retirement, asset management, insurance products, and services to individuals, businesses, and institutions worldwide. It operates via the Retirement and Income Solutions and Principal Global Investors and Principal International segments. Retirement and Income Solutions offers a range of services and products for asset accumulation and retirement income. This segment offers services and products for defined contribution plans including 401(k), 403(b), defined benefit pension plans and non-qualified executive benefits plans. It also provides equity compensation and pension risk transfer service services. Individual retirement accounts, investment products, mutual funds, individual variable thenuities and bank products are all available. Principal Global Investors offers equity, fixed-income, real estate and other alternatives, along with asset allocation, stability management and other structured investments strategies. Principal International offers pension accumulation services, mutual funds and asset management. It also provides income annuities and life insurance accumulation products. U.S. Insurance Solutions provides specialty benefits such as group vision and dental insurance and group life insurance. It also administers individual life insurance products that include universal, variable, universal, index universal and term insurance policies in the United States. The company offers insurance solutions to small and medium-sized companies and their owners as well as executive level. Principal Financial Group, Inc., was established in Des Moines, Iowa in 1879.
Earnings Per Share
As for profitability, Principal Financial Group has a trailing twelve months EPS of $5.88.
PE Ratio
Principal Financial Group has a trailing twelve months price to earnings ratio of 12.4. Meaning, the purchaser of the share is investing $12.4 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 11.59%.4. PetroChina (PTR)
39% Payout Ratio
PetroChina Company Limited and its subsidiaries engage in a variety of oil-related products, services and activities both in Mainland China as well as internationally. The company operates in Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. Exploration and Production is involved in exploration, development and production of crude oil and natural gases. Refining and Chemicals refines crude oil and petroleum products. It also produces and markets primary and derivative petrochemical product, as well as other chemicals. The Marketing segment deals with the marketing and trade of refined products. Natural Gas and Pipeline is involved in transmission, oil and product refinement, and sales of natural gas. The company's total length was 26,076 km as of December 31, 2021. This includes 17,329 km natural gas pipelines and 7,340 km crude oil pipelines. There were also 1,407km of refined product pipelines. It is involved in exploration, development and production of oil, sands, and coalbed methane, as well as trading crude oil and petrochemicals products, storage, chemical engineering and storage facilities, station and service station and related businesses, and the production and sale of basic and derivative chemicals and other chemical products. It was established in Beijing in the People's Republic of China in 1999. China National Petroleum Corporation is the parent company of PetroChina Company Limited.
Earnings Per Share
As for profitability, PetroChina has a trailing twelve months EPS of $5.2.
PE Ratio
PetroChina has a trailing twelve months price to earnings ratio of 9.01. Meaning, the purchaser of the share is investing $9.01 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 8.9%.Yearly Top and Bottom Value
PetroChina's stock is valued at $46.85 at 14:23 EST, way under its 52-week high of $57.87 and way above its 52-week low of $41.48.
Sales Growth
PetroChina's sales growth is 59.9% for the present quarter and 40.8% for the next.
Moving Average
PetroChina's value is higher than its 50-day moving average of $45.49 and below its 200-day moving average of $48.57.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 15, 2022, the estimated forward annual dividend rate is 3.52 and the estimated forward annual dividend yield is 7.55%.
5. National Presto Industries (NPK)
36.23% Payout Ratio
National Presto Industries Inc. is a manufacturer of small-sized appliances and housewares, as well as safety and security products. It is based in North America. Housewares/Small Appliance is the company's segment. It designs, markets and distributes small appliances and housewares. This includes pressure cookers and canners. The segment also sells directly to retail outlets and through independent distributors. The Defense segment produces and sells ammunition in 40mm, as well as precision and electro-mechanical assembly and medium cartridge cases. It also supplies detonators and booster pellets. Release cartridges, lead azide and other militarily energetic devices. The company also handles load, assemble and pack operations for ordnance-related items. The United States Department of Defense (DOD), and DOD Prime Contractors are the main customers of this segment. Fire extinguishers are manufactured and sold by the Safety division. Systems to monitor refrigerators and freezers can be used to detect and warn users about potential food and pharmaceutical safety hazards. National Presto Industries Inc. is an American company that was established in Eau Claire in Wisconsin.
Earnings Per Share
As for profitability, National Presto Industries has a trailing twelve months EPS of $6.67.
PE Ratio
National Presto Industries has a trailing twelve months price to earnings ratio of 9.75. Meaning, the purchaser of the share is investing $9.75 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 5.85%.