(VIANEWS) – Nuveen Pennsylvania Investment Quality Municipal Fund (NQP), John Hancock (HPF), Kronos Worldwide (KRO) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio up to now. 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. Nuveen Pennsylvania Investment Quality Municipal Fund (NQP)

235.71% Payout Ratio

Nuveen Pennsylvania Quality Municipal Income Fund, a closed-end fixed income mutual fund, was launched by Nuveen Investments, Inc. Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC co-manage the fund. The fund invests in Pennsylvania’s fixed income markets. It invests in exempt tax municipal bonds with ratings of at least Baa/BBB. To create its portfolio, it uses fundamental analysis and bottom-up stock selection. It compares its portfolio’s performance to the Standard & Poor’s Pennsylvania Municipal Bond Index, and Standard & Poor’s National Municipal Bond Index. The former name of the fund was Nuveen Pennsylvania Investment Quality Municipal Fund. Nuveen Pennsylvania Quality Municipal Income Fund, which was established on December 20, 1990, is based in the United States.

Volume

Today’s last reported volume for Nuveen Pennsylvania Investment Quality Municipal Fund is 18046, 66.23% below its average volume of 53440.

According to Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 0.53 and the estimated forward annual dividend yield is 4.46%.

Year-on-year quarterly revenue growth declined by 7.2%, now sitting on 32.12M 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 1.85%.

Volatility

Nuveen Pennsylvania Investment Quality Municipal Fund’s last day, week, and month’s current intraday variation average was 0.08%, 0.39%, and 0.57%, respectively.

Nuveen Pennsylvania Investment Quality Municipal Fund’s highest amplitude of average volatility was 1.18% (day), 1.01% (last week), and 1.09% (last month), respectively.

Nuveen Pennsylvania Investment Quality Municipal Fund’s Stock Yearly Top and Bottom Value

Nuveen Pennsylvania Investment Quality Municipal Fund’s stock is valued at $11.80 at 02:23 EST, way below its 52-week high of $15.62 and above its 52-week low of $11.31.

Nuveen Pennsylvania Investment Quality Municipal Fund’s Moving Average

Nuveen Pennsylvania Investment Quality Municipal Fund’s worth is under its 50-day moving average of $12.31 and way below its 200-day moving average of $13.16.

2. John Hancock (HPF)

88.21% Payout Ratio

John Hancock Preferred Income Fund 2 is a closed-ended fixed income mutual fund that was launched by John Hancock Investment Management LLC. John Hancock Asset Management co-manages the fund. It invests in fixed income markets within the United States. The fund seeks investments in securities from companies that operate across multiple sectors. It invests mainly in convertible preferred securities and preferred values of companies. The fund benchmarks its performance against both the Bank of America Merrill Lynch Hybrid Preferred Securities Index (Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund II, which was established on November 29, 2002, is based in the United States.

Volume

Today’s last reported volume for John Hancock is 20391, 46.84% below its average volume of 38362.

According to Morningstar, Inc., the next dividend payment is on Sep 8, 2022, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 8.28%.

Year-on-year quarterly revenue growth declined by 3%, now sitting on 36.52M 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 20.25%.

Volatility

John Hancock’s last day, week, and month’s current intraday variation average was 0.61%, 0.85%, and 0.69%, respectively.

John Hancock’s highest amplitude of average volatility was 1.22% (day), 1.37% (last week), and 1.34% (last month), respectively.

John Hancock’s Stock Yearly Top and Bottom Value

John Hancock’s stock is valued at $18.16 at 02:23 EST, way below its 52-week high of $22.17 and higher than its 52-week low of $16.74.

John Hancock’s Moving Average

John Hancock’s worth is below its 50-day moving average of $18.25 and under its 200-day moving average of $18.82.

3. Kronos Worldwide (KRO)

49.66% Payout Ratio

Kronos Worldwide, Inc. manufactures and sells titanium dioxide pigments (TiO2) throughout Europe, North America, Asia Pacific, as well as internationally. TiO2 is produced in two forms: rutile, anatase, to give whiteness, brightness and durability. It can also be used in paints and coatings as well as paper and fibers. Ilmenite is also produced by the company. It can be used to make sulfate process TiO2 plants. Iron-based chemicals are used for treatment and conditioning of industrial effluents. The company also provides technical support for its products. The company sells products under its KRONOS trademark through distributors and agents to paper, paint, plastics and decorative laminate manufacturers. It was established in 1916, and has its headquarters in Dallas. Kronos Worldwide, Inc., is a subsidiary Valhi, Inc.

Volume

Today’s last reported volume for Kronos Worldwide is 278359, 10.92% below its average volume of 312491.

According to Morningstar, Inc., the next dividend payment is on Aug 30, 2022, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 5.96%.

Kronos Worldwide’s sales growth this year is expected to be 12.9% and 4% for next year.

Year-on-year quarterly revenue growth grew by 18.1%, now sitting on 2.12B for the twelve trailing months.

Kronos Worldwide’s sales growth is 7.2% for the current quarter and 4.4% for the next. The company’s growth estimates for the present quarter is 9.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.94%.

Volatility

Kronos Worldwide’s last day, week, and month’s current intraday variation average was 1.51%, 1.63%, and 1.74%, respectively.

Kronos Worldwide’s highest amplitude of average volatility was 1.42% (day), 2.63% (last week), and 2.79% (last month), respectively.

Kronos Worldwide’s Stock Yearly Top and Bottom Value

Kronos Worldwide’s stock is valued at $12.91 at 02:24 EST, way below its 52-week high of $19.78 and higher than its 52-week low of $12.06.

Kronos Worldwide’s Moving Average

Kronos Worldwide’s value is way below its 50-day moving average of $15.81 and way under its 200-day moving average of $15.73.

4. SpartanNash Company (SPTN)

47.95% Payout Ratio

SpartanNash Company sells groceries. The company operates in three areas: Food Distribution and Military. Food Distribution offers 68,000 units of stock, including dry grocery, milk products, fresh produce, baked goods, fish, flowers, beverage, tobacco products and general merchandise. It also sells pharmacy products to national retailers as well as independent retail outlets, corporate-owned retail shops, food service distributors and e-commerce companies. The segment offers value-added services for retailers. The Military segment distributes groceries to approximately 160 military commissaries located across 39 US states and D.C., Europe, Cuba and Puerto Rico. Neighborhood markets are the primary focus of the Retail segment. It operated 154 supermarkets as of March 11, 2021. These were primarily known under the names Family Fare and Martin’s Super Markets. D&W Fresh Market, D&W Fresh Market, VG’s Grocery and Dan’s Supermarket. SpartanNash Company distributes and markets private brands primarily under its Our Family name. The business was previously known as Spartan Stores, Inc., but it changed its name in November 2013 to SpartanNash Company. SpartanNash Company was established in 1917. It is located in Grand Rapids in Michigan.

As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 2.76%.

SpartanNash Company’s sales growth this year is anticipated to be 5.7% and 1.7% for next year.

Year-on-year quarterly revenue growth grew by 7.9%, now sitting on 9.2B for the twelve trailing months.

SpartanNash Company’s sales growth is 5.7% for the current quarter and 5.6% 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 7.98%.

Volatility

SpartanNash Company’s last day, week, and month’s current intraday variation average was 1.05%, 1.47%, and 1.33%, respectively.

SpartanNash Company’s highest amplitude of average volatility was 3.28% (day), 2.72% (last week), and 2.87% (last month), respectively.

SpartanNash Company’s Stock Yearly Top and Bottom Value

SpartanNash Company’s stock is valued at $0.00 at 02:24 EST, below its 52-week low of $20.26.

SpartanNash Company’s Moving Average

SpartanNash Company’s worth is below its 50-day moving average of $31.32 and under its 200-day moving average of $29.96.

5. National Bankshares (NKSH)

41.36% Payout Ratio

National Bankshares, Inc. is the bank holding firm for National Bank of Blacksburg. It provides commercial and retail banking products to businesses, individuals, as well as non-profits and local governments. It accepts both interest-bearing, non-interest bearing, demand deposit accounts and money market deposits accounts. Savings accounts and certificates of deposit are also accepted. Individual retirement accounts can be opened. The company offers loans to commercial, agricultural, residential, real estate and home equity as well as various consumer products. It also offers business and consumer credit cards, letters of credit and night depository, safe deposit boxes and utility payment services. Wealth management, trust and estate services are provided by the company. Non-deposit investments and insurance products can be accessed via telephone, mobile and Internet banking. There are 25 offices that offer full service, including a loan production and automated teller machines. National Bankshares, Inc. is an American bank headquartered in Blacksburg, Virginia.

Volume

Today’s last reported volume for National Bankshares is 5570, 1.86% below its average volume of 5676.

According to Morningstar, Inc., the next dividend payment is on May 19, 2022, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 4.28%.

National Bankshares’s sales growth this year is anticipated to be 23.6% and 5.1% for next year.

Year-on-year quarterly revenue growth grew by 9%, now sitting on 52.03M for the twelve trailing months.

National Bankshares’s sales growth is 9.1% for the current quarter and 24.5% for the next. The company’s growth estimates for the present quarter and the next is 1.1% and 8.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.11%.

Volatility

National Bankshares’s last day, week, and month’s current intraday variation average was 0.03%, 0.24%, and 0.50%, respectively.

National Bankshares’s highest amplitude of average volatility was 1.46% (day), 0.85% (last week), and 1.04% (last month), respectively.

National Bankshares’s Stock Yearly Top and Bottom Value

National Bankshares’s stock is valued at $33.66 at 02:25 EST, way below its 52-week high of $39.19 and way above its 52-week low of $30.52.

National Bankshares’s Moving Average

National Bankshares’s worth is higher than its 50-day moving average of $32.36 and under its 200-day moving average of $34.77.

6. AllianzGI Convertible & Income Fund II (NCZ)

32.14% Payout Ratio

AllianzGI Convertible & Income Fund II, a closed-ended fixed income mutual fund that was launched by Allianz Global Investors Fund Management LLC. Allianz Global Investors U.S. LLC co-manages the fund. The fund invests in the fixed income markets of America. It invests mainly in non-convertible high yield bonds and convertible securities rated below investment-grade. The fund invests in securities with a wide range of maturity periods, with the average weighted maturity ranging from five to ten. To create its portfolio, the fund uses a combination of fundamental analysis and a top-down stock picking strategy. The fund conducts its own research using proprietary models. Formerly known as AGIC Convertible and Income Fund II, the fund is now called AllianzGI Convertible & Income Fund II. AllianzGI Convertible & Income Fund II, which was established on July 31, 2003, is based in the United States.

Volume

Today’s last reported volume for AllianzGI Convertible & Income Fund II is 347786, 36.41% below its average volume of 546967.

As maintained by Morningstar, Inc., the next dividend payment is on Sep 8, 2022, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 13.16%.

Year-on-year quarterly revenue growth declined by 30.1%, now sitting on 22.02M for the twelve trailing months.

Volatility

AllianzGI Convertible & Income Fund II’s last day, week, and month’s current intraday variation average was 0.29%, 1.13%, and 1.21%, respectively.

AllianzGI Convertible & Income Fund II’s highest amplitude of average volatility was 1.45% (day), 2.14% (last week), and 1.95% (last month), respectively.

AllianzGI Convertible & Income Fund II’s Stock Yearly Top and Bottom Value

AllianzGI Convertible & Income Fund II’s stock is valued at $3.48 at 02:26 EST, way below its 52-week high of $5.50 and way above its 52-week low of $2.84.

AllianzGI Convertible & Income Fund II’s Moving Average

AllianzGI Convertible & Income Fund II’s worth is higher than its 50-day moving average of $3.36 and way below its 200-day moving average of $4.01.

LEAVE A REPLY

Please enter your comment!
Please enter your name here