(VIANEWS) - ABB Ltd (ABB), 3M Company (MMM), Avenue Income Credit Strategies Fund (ACP) 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 guarantee of a future 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 is a list of some companies with an above 30% payout ratio.
1. ABB Ltd (ABB)
198.71% Payout Ratio
ABB Ltd manufactures and sells electrification, industrial automation, motion, and robotics and discrete automation products for customers in utilities, industry and transport, and infrastructure worldwide.
Volume
Today's last reported volume for ABB Ltd is 1628020, 8.69% below its average volume of 1783040.
As claimed by Morningstar, Inc., the next dividend payment is on Mar 28, 2021, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 2.36%.
ABB Ltd's sales growth this year is anticipated to be 13.5% and 5.5% for next year.
Year-on-year quarterly revenue growth grew by 21%, now sitting on 28.11B for the twelve trailing months.
ABB Ltd's sales growth is 13.5% for the present quarter and 9.8% for the next. The company's growth estimates for the current quarter and the next is 90.5% and 57.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 7.18%.
Volatility
ABB Ltd's last day, week, and month's current intraday variation average was 0.35%, 1.60%, and 1.67%, respectively.
ABB Ltd's highest amplitude of average volatility was 1.40% (day), 1.31% (last week), and 1.78% (last month), respectively.
ABB Ltd's Stock Yearly Top and Bottom Value
ABB Ltd's stock is valued at $34.34 at 01:23 EST, under its 52-week high of $38.03 and way higher than its 52-week low of $26.31.
ABB Ltd's Moving Average
ABB Ltd's worth is above its 50-day moving average of $33.83 and below its 200-day moving average of $34.95.2. 3M Company (MMM)
58.36% Payout Ratio
3M Company develops, manufactures, and markets various products worldwide.
Volume
Today's last reported volume for 3M Company is 5018790, 76.01% above its average volume of 2851310.
As maintained by Morningstar, Inc., the next dividend payment is on Aug 19, 2021, the estimated forward annual dividend rate is 5.92 and the estimated forward annual dividend yield is 3.21%.
3M Company's sales growth this year is expected to be 9.8% and 3.6% for next year.
Year-on-year quarterly revenue growth grew by 24.7%, now sitting on 34.73B for the twelve trailing months.
3M Company's sales growth for the next quarter is 1.8%. The company's growth estimates for the present quarter and the next is 0.4% and negative -3.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 46.61%.
Volatility
3M Company's last day, week, and month's current intraday variation average was 0.69%, 2.38%, and 1.28%, respectively.
3M Company's highest amplitude of average volatility was 1.68% (day), 1.88% (last week), and 1.99% (last month), respectively.
3M Company's Stock Yearly Top and Bottom Value
3M Company's stock is valued at $147.62 at 01:23 EST, below its 52-week low of $163.38.
3M Company's Moving Average
3M Company's worth is way below its 50-day moving average of $178.88 and way below its 200-day moving average of $191.06.3. Avenue Income Credit Strategies Fund (ACP)
57.42% Payout Ratio
Avenue Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited.
Volume
Today's last reported volume for Avenue Income Credit Strategies Fund is 112300, 40.57% below its average volume of 188993.
As claimed by Morningstar, Inc., the next dividend payment is on Feb 17, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 11.78%.
Year-on-year quarterly revenue growth grew by 40.1%, now sitting on 25.42M 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 15.21%.
Volatility
Avenue Income Credit Strategies Fund's last day, week, and month's current intraday variation average was 1.08%, 1.43%, and 1.51%, respectively.
Avenue Income Credit Strategies Fund's highest amplitude of average volatility was 0.98% (day), 1.76% (last week), and 2.12% (last month), respectively.
Avenue Income Credit Strategies Fund's Stock Yearly Top and Bottom Value
Avenue Income Credit Strategies Fund's stock is valued at $10.19 at 01:23 EST, way below its 52-week high of $12.41 and above its 52-week low of $9.35.
Avenue Income Credit Strategies Fund's Moving Average
Avenue Income Credit Strategies Fund's worth is below its 50-day moving average of $10.22 and under its 200-day moving average of $11.01.4. MFS Municipal Income Trust (CMU)
56.81% Payout Ratio
MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company.
Volume
Today's last reported volume for MFS Municipal Income Trust is 72871, 18.58% above its average volume of 61452.
As stated by Morningstar, Inc., the next dividend payment is on Feb 14, 2022, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 4.87%.
Year-on-year quarterly revenue growth declined by 6.6%, now sitting on 8.21M 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 7.53%.
Volatility
MFS Municipal Income Trust's last day, week, and month's current intraday variation average was 0.99%, 1.19%, and 0.69%, respectively.
MFS Municipal Income Trust's highest amplitude of average volatility was 0.99% (day), 1.49% (last week), and 1.24% (last month), respectively.
MFS Municipal Income Trust's Stock Yearly Top and Bottom Value
MFS Municipal Income Trust's stock is valued at $4.09 at 01:23 EST, way under its 52-week high of $4.90 and higher than its 52-week low of $3.99.
MFS Municipal Income Trust's Moving Average
MFS Municipal Income Trust's value is below its 50-day moving average of $4.36 and way below its 200-day moving average of $4.59.5. TE Connectivity (TEL)
38.26% Payout Ratio
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the Asia–Pacific, and the Americas.
Volume
Today's last reported volume for TE Connectivity is 1248250, 20.12% below its average volume of 1562770.
According to Morningstar, Inc., the next dividend payment is on Nov 17, 2021, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 1.35%.
TE Connectivity's sales growth this year is anticipated to be 22.5% and 6.4% for next year.
Year-on-year quarterly revenue growth grew by 50.9%, now sitting on 14.37B for the twelve trailing months.
TE Connectivity's sales growth for the current quarter is 16.8%. The company's growth estimates for the present quarter and the next is 42.2% and 11.6%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 17.5%.
Volatility
TE Connectivity's last day, week, and month's current intraday variation average was 0.57%, 1.97%, and 1.79%, respectively.
TE Connectivity's highest amplitude of average volatility was 1.75% (day), 1.99% (last week), and 2.44% (last month), respectively.
TE Connectivity's Stock Yearly Top and Bottom Value
TE Connectivity's stock is valued at $143.48 at 01:23 EST, way under its 52-week high of $161.74 and way higher than its 52-week low of $105.59.
TE Connectivity's Moving Average
TE Connectivity's worth is under its 50-day moving average of $146.99 and higher than its 200-day moving average of $141.96.6. Banco Bradesco (BBD)
36.84% Payout Ratio
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and financial services to individuals, corporates, and businesses in Brazil and internationally.
Volume
Today's last reported volume for Banco Bradesco is 15841700, 60.89% below its average volume of 40506400.
As maintained by Morningstar, Inc., the next dividend payment is on Aug 2, 2021, the estimated forward annual dividend rate is 0.04 and the estimated forward annual dividend yield is 0.97%.
Banco Bradesco's sales growth this year is expected to be 4.5% and 6.9% for next year.
Year-on-year quarterly revenue growth grew by 61.3%, now sitting on 91.33B for the twelve trailing months.
Banco Bradesco's sales growth is negative 1.8% for the present quarter and 11.3% for the next. The company's growth estimates for the current quarter is 20%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 15.04%.
Volatility
Banco Bradesco's last day, week, and month's current intraday variation average was 1.98%, 1.59%, and 1.84%, respectively.
Banco Bradesco's highest amplitude of average volatility was 1.36% (day), 1.67% (last week), and 2.62% (last month), respectively.
Banco Bradesco's Stock Yearly Top and Bottom Value
Banco Bradesco's stock is valued at $4.12 at 01:23 EST, way below its 52-week high of $5.70 and way higher than its 52-week low of $3.39.