(VIANEWS) – Nuveen Arizona Premium Income Municipal Fund (NAZ), Companhia Siderurgica Nacional S.A. (SID), Reinsurance Group of America (RGA) 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 researching 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 Arizona Premium Income Municipal Fund (NAZ)

2000% Payout Ratio

Nuveen Investments, Inc. launched the Nuveen Arizona Quality Municipal Income Fund, a closed-ended fixed income mutual fund. Nuveen Asset Management, LLC manages the fund. The fund invests in Arizona’s fixed income markets. It invests in Arizona municipal securities, and related investments that generate income. The income is exempted from Arizona regular income taxes. To create its portfolio, it combines fundamental analysis and bottom-up stock selection. It compares its portfolio’s performance against Standard & Poor’s (S&P), Arizona Municipal Bond Index, and Standard & Poor’s (S&P), National Municipal Bond Index. The former name of the fund was Nuveen Arizona Premium income Municipal Fund. Nuveen Arizona Quality Municipal Income Fund, which was established on November 19, 1992, is based in the United States.

Volume

Today’s last reported volume for Nuveen Arizona Premium Income Municipal Fund is 2952, 83.76% below its average volume of 18185.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 11, 2022, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 3.97%.

Year-on-year quarterly revenue growth declined by 2.9%, now sitting on 9.71M 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 0.18%.

Volatility

Nuveen Arizona Premium Income Municipal Fund’s last day, week, and month’s current intraday variation average was 0.36%, 0.49%, and 1.00%, respectively.

Nuveen Arizona Premium Income Municipal Fund’s highest amplitude of average volatility was 0.29% (day), 1.05% (last week), and 1.73% (last month), respectively.

Nuveen Arizona Premium Income Municipal Fund’s Stock Yearly Top and Bottom Value

Nuveen Arizona Premium Income Municipal Fund’s stock is valued at $13.90 at 02:24 EST, way under its 52-week high of $16.24 and way higher than its 52-week low of $12.50.

Nuveen Arizona Premium Income Municipal Fund’s Moving Average

Nuveen Arizona Premium Income Municipal Fund’s value is higher than its 50-day moving average of $13.30 and below its 200-day moving average of $13.98.

2. Companhia Siderurgica Nacional S.A. (SID)

118.1% Payout Ratio

Companhia SiderAorgica Nacional is an integrated producer of steel in Brazil and Latin America. It operates five business segments, including Steel, Mining Logistics, Energy and Cement. Flat steel products include high-, medium and low carbon steel sheets, as well as hot-rolled and cold-rolled steel sheets and coils. Tin mill products consist of low-carbon flat-rolled steel sheets or coils. Profiles, channels and UPE sections are also available. It primarily searches for iron ore resources at Casa de Pedra, Engenho, and the Bocaina mining site in Arcos, Brazil. The company also produces tin. It also operates railways and ports; manufactures and sells cement for construction materials stores, home centers and mortar industries; generates electricity from thermoelectric cogeneration and hydroelectric power stations. It also exports its products. Companhia SiderAorgica Nacional, which was established in 1941, is located in SAPSo Paolo in Brazil.

Volume

Today’s last reported volume for Companhia Siderurgica Nacional S.A. is 4705540, 25.15% below its average volume of 6287460.

As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 16.82%.

Companhia Siderurgica Nacional S.A.’s sales growth this year is expected to be negative 7.1% and a negative 6.4% for next year.

Year-on-year quarterly revenue growth declined by 31.4%, now sitting on 42.94B for the twelve trailing months.

Companhia Siderurgica Nacional S.A.’s sales growth is 24.7% for the current quarter and 3% for the next. The company’s growth estimates for the current quarter and the next is 65% and 100%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.83%.

Volatility

Companhia Siderurgica Nacional S.A.’s last day, week, and month’s current intraday variation average was 6.35%, 4.59%, and 2.67%, respectively.

Companhia Siderurgica Nacional S.A.’s highest amplitude of average volatility was 6.40% (day), 4.98% (last week), and 4.35% (last month), respectively.

Companhia Siderurgica Nacional S.A.’s Stock Yearly Top and Bottom Value

Companhia Siderurgica Nacional S.A.’s stock is valued at $2.99 at 02:24 EST, way under its 52-week high of $7.15 and way above its 52-week low of $2.42.

Companhia Siderurgica Nacional S.A.’s Moving Average

Companhia Siderurgica Nacional S.A.’s worth is above its 50-day moving average of $2.93 and way under its 200-day moving average of $4.17.

3. Reinsurance Group of America (RGA)

73.37% Payout Ratio

Reinsurance Group of America, Incorporated is involved in the reinsurance industry. The company offers individual and group health and life insurance products. These include term, credit, universal, whole, life, whole, last survivor, critical illness and disability insurance. It also provides asset-intensive and financial insurance products. Reinsurance is provided for investments-related risks, such as mortality, morbidity and lapse; as well as reinsurance. It also develops, markets and sells technology solutions. The company provides outsourcing and consulting services for the insurance and risk management industries. It serves life insurers in America, Latin America and Canada. Reinsurance Group of America, Incorporated, was established in 1973. It is located in Chesterfield, Missouri.

Volume

Today’s last reported volume for Reinsurance Group of America is 189290, 40.95% below its average volume of 320588.

According to Morningstar, Inc., the next dividend payment is on Aug 14, 2022, the estimated forward annual dividend rate is 3.2 and the estimated forward annual dividend yield is 2.51%.

Reinsurance Group of America’s sales growth this year is expected to be negative 1% and 3.4% for next year.

Year-on-year quarterly revenue growth declined by 6%, now sitting on 16.22B for the twelve trailing months.

Reinsurance Group of America’s sales growth is 5.5% for the ongoing quarter and negative 2.8% for the next. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.79%.

Volatility

Reinsurance Group of America’s last day, week, and month’s current intraday variation average was 1.10%, 0.66%, and 1.46%, respectively.

Reinsurance Group of America’s highest amplitude of average volatility was 1.88% (day), 1.36% (last week), and 1.82% (last month), respectively.

Reinsurance Group of America’s Stock Yearly Top and Bottom Value

Reinsurance Group of America’s stock is valued at $127.70 at 02:25 EST, below its 52-week high of $132.12 and way higher than its 52-week low of $94.32.

Reinsurance Group of America’s Moving Average

Reinsurance Group of America’s worth is above its 50-day moving average of $119.52 and way higher than its 200-day moving average of $113.38.

4. Fastenal Company (FAST)

66.29% Payout Ratio

Fastenal Company and its subsidiaries are involved in wholesale distribution of industrial supplies throughout North America. Fastenal is a brand that offers industrial and construction products as well as fasteners. Its fastener product range includes threaded fasteners and bolts, nuts and screws as well as studs and studs. These are used for both manufacturing and construction as well as the repair and maintenance of machinery. Miscellaneous hardware and supplies are also offered by the company, which includes pins and machinery keys, concrete anchors and metal framing system, wire ropes and strut products as well as rivets and other accessories. It serves three markets: original equipment producers; maintenance, repairs, and operations; as well as the non-residential market for construction, which covers general, electric, plumbing and sheet metal contractors. The company also provides services to farmers, truckers and mining companies as well as schools and retailers. It distributes its products via a network that includes 3,209 retail locations as well as 15 distribution centres. Fastenal Company was established in 1967 in Winona (Minnesota).

Volume

Today’s last reported volume for Fastenal Company is 1425340, 54.56% below its average volume of 3136950.

As claimed by Morningstar, Inc., the next dividend payment is on Jul 25, 2022, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 2.41%.

Fastenal Company’s sales growth this year is anticipated to be 15.1% and 4.4% for next year.

Year-on-year quarterly revenue growth grew by 18%, now sitting on 6.57B for the twelve trailing months.

Fastenal Company’s sales growth for the next quarter is 8.2%. The company’s growth estimates for the present quarter and the next is 14.3% and 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 34.04%.

Volatility

Fastenal Company’s last day, week, and month’s current intraday variation average was 0.95%, 0.73%, and 1.13%, respectively.

Fastenal Company’s highest amplitude of average volatility was 3.50% (day), 2.35% (last week), and 1.95% (last month), respectively.

Fastenal Company’s Stock Yearly Top and Bottom Value

Fastenal Company’s stock is valued at $50.08 at 02:25 EST, way below its 52-week high of $64.75 and higher than its 52-week low of $45.68.

Fastenal Company’s Moving Average

Fastenal Company’s value is below its 50-day moving average of $51.22 and under its 200-day moving average of $55.20.

5. Mizuho Financial Group (MFG)

40.8% Payout Ratio

Mizuho Financial Group, Inc., along with its subsidiaries, is involved in trust, securities, banking, and other financial services, in Japan, Japan, Europe, Asia/Oceania, as well as internationally. The company operates in five different segments: Retail & Business Banking Company; Corporate & Institutional Company; Global Corporate Company; Global Markets Company; and Asset Management Company. It offers deposit products, syndicated, housing and card loans, business matching services, as well as advisory services in relation to overseas expansions and mergers and acquisitions. The company also provides consulting services such as asset management, asset succession and payroll services. It sells lottery tickets from prefectures or ordinance-designated municipalities. It also offers financial solutions such as bonds and risk-hedging products. Corporate customers can use it to help them fund-raise, invest management and plan their financial futures. It offers solutions that are based on their business strategy and capital management. Real estate agency services. Advisory services, including advice and proposals for various financial products. The company also offers consulting and services for institutional investors, as well as sales and trading services. The company also offers products and services in the areas of trust, structured finance and securitization, stock transfers, and pension; as well as securities services, research, private banking and other information technology-related services. Mizuho Financial Group, Inc., was established in Tokyo, Japan in 2003.

Volume

Today’s last reported volume for Mizuho Financial Group is 844032, 51.94% below its average volume of 1756250.

According to Morningstar, Inc., the next dividend payment is on Mar 29, 2021, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 4.51%.

Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 2.45T 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 5.3%.

Mizuho Financial Group’s Stock Yearly Top and Bottom Value

Mizuho Financial Group’s stock is valued at $2.29 at 02:25 EST, under its 52-week low of $2.33.

Mizuho Financial Group’s Moving Average

Mizuho Financial Group’s worth is way below its 50-day moving average of $2.66 and way under its 200-day moving average of $2.88.

6. First Trust MLP and Energy Income Fund (FEI)

37.5% Payout Ratio

First Trust MLP is an open-ended, balanced mutual fund that was launched by First Trust Advisors L.P. Energy Income Partners LLC co-manages the fund. The fund invests in fixed and public income markets across the United States. It invests in securities belonging to companies in the energy or energy utility sectors. The fund invests primarily in MLPs’ equity and debt securities and MLP-related companies, and in dividend-paying growth stocks. First Trust MLP, Energy Income Fund were established on August 17, 2012. They are based in the United States.

Volume

Today’s last reported volume for First Trust MLP and Energy Income Fund is 103231, 34.27% below its average volume of 157069.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 31, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 7.04%.

Volatility

First Trust MLP and Energy Income Fund’s last day, week, and month’s current intraday variation average was 0.70%, 1.14%, and 1.16%, respectively.

First Trust MLP and Energy Income Fund’s highest amplitude of average volatility was 1.75% (day), 1.59% (last week), and 1.96% (last month), respectively.

First Trust MLP and Energy Income Fund’s Stock Yearly Top and Bottom Value

First Trust MLP and Energy Income Fund’s stock is valued at $8.67 at 02:26 EST, below its 52-week high of $8.81 and way above its 52-week low of $6.76.

First Trust MLP and Energy Income Fund’s Moving Average

First Trust MLP and Energy Income Fund’s worth is higher than its 50-day moving average of $7.89 and way above its 200-day moving average of $7.85.