(VIANEWS) - CrossAmerica Partners LP (CAPL), Smith & Nephew (SNN), Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) are the highest payout ratio stocks on this list.
We have gathered 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 researching 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. CrossAmerica Partners LP (CAPL)
201.92% Payout Ratio
CrossAmerica Partners LP is involved in wholesale distribution and operation of convenience shops, as well as ownership and lease of real property used for retail distribution in the United States. There are two main segments to the company: Wholesale and Retail. Wholesale is responsible for the distribution wholesale of motor fuels to independent dealers, commission agents and lessees. The retail segment deals in convenience items and the retail sales of motor fuels on company-owned retail sites or sites managed by commission agents. The company had approximately 1700 fuel distribution locations and owned or leased over 1,100 of these sites as of March 1, 2021. CrossAmerica GP LLC is the company's general partner. CrossAmerica Partners LP was formerly Lehigh Gas Partners LP. CrossAmerica Partners LP was established in 1992. It is based out of Allentown, Pennsylvania.
Earnings Per Share
As for profitability, CrossAmerica Partners LP has a trailing twelve months EPS of $1.04.
PE Ratio
CrossAmerica Partners LP has a trailing twelve months price to earnings ratio of 17.88. Meaning, the purchaser of the share is investing $17.88 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 55.64%.Revenue Growth
Year-on-year quarterly revenue growth grew by 73.4%, now sitting on 4.36B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CrossAmerica Partners LP's EBITDA is 0.37.
2. Smith & Nephew (SNN)
66.25% Payout Ratio
Smith & Nephew plc and its subsidiaries develop, market, sell, and distribute medical devices around the world. It offers products to replace knees, hip implants that can be used for reconstruction of the hip joint; as well as trauma and extremities products. These include both internal and external devices for stabilizing severe fractures or correcting deformities. The company also offers products and technologies for sports medicine, which include instruments and devices that allow surgeons to repair the joint, like soft tissue injuries, degenerative conditions, or the replacement of joints. The company also offers fluid management equipment, high-definition cameras and digital image capture. It can provide monitors for visualization of the joint, as well as radio frequency, electronic and mechanical tissue resection tools. Hand instruments are available to remove damaged tissue. It also offers advanced wound care products to treat and prevent chronic and acute wounds. These include leg, diabetes, pressure, burns and post-operative injuries. The company primarily provides healthcare services. Smith & Nephew plc, which was established in 1856, is headquartered at Watford in the United Kingdom.
Earnings Per Share
As for profitability, Smith & Nephew has a trailing twelve months EPS of $1.02.
PE Ratio
Smith & Nephew has a trailing twelve months price to earnings ratio of 23.01. Meaning, the purchaser of the share is investing $23.01 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 9.25%.Moving Average
Smith & Nephew's worth is below its 50-day moving average of $25.10 and way below its 200-day moving average of $30.26.3. Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX)
43.16% Payout Ratio
Nuveen Investments, Inc. launched the Nuveen Dow 30 Dynamic Underwrite Fund, a closed-ended equity mutual funds. Nuveen Asset Management, LLC, and Nuveen Fund Advisors LLC co-manage the fund. The fund invests in American public equity markets. It invests in stocks from companies that operate across diverse sectors. The fund invests mainly in large-cap stocks. It also offers call options. The fund aims to duplicate the Dow Jones Industrial Average's performance. The original name of the fund was Dow 30 Premium and Dividend Income Fund Inc. Nuveen Dow 30 dynamic overwrite Fund. It was established in 2005.
Earnings Per Share
As for profitability, Nuveen Dow 30SM Dynamic Overwrite Fund has a trailing twelve months EPS of $-0.43.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 14.54%.4. Jack Henry & Associates (JKHY)
38.46% Payout Ratio
Jack Henry & Associates, Inc. offers technology solutions and payment processing service primarily to financial institutions in the United States. It offers transaction and information processing services for banks, from small community institutions to large multi-billion dollar asset institutions, under the Jack Henry Banking name; core data processing for different credit unions under Symitar; and special financial performance, imaging, payments processing, information security, risk management, retail delivery and online solutions to corporate entities and financial institutions. The company also offers a range of integrated apps that can process loan and deposit transactions. It also maintains centralized client/member data. SilverLake is a strong, commercial-oriented banking product. CIF 20/20 for banks, which provides a simple, parameter-driven system that banks can use. Core Director for banks, is a cost-efficient, point-and-click system. Symitar, the company's business brand, offers Episys, which is robustly designed for credit cooperatives. CruiseNet, on the other hand, is a more cost-effective system specifically designed for credit associations. The company also offers electronic payments solutions, purchases and resells hardware, as well as implementation, training and support services. Jack Henry & Associates, Inc. is a Missouri-based company that was established in 1976.
Earnings Per Share
As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $4.94.
PE Ratio
Jack Henry & Associates has a trailing twelve months price to earnings ratio of 38.78. Meaning, the purchaser of the share is investing $38.78 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 26.87%.