(VIANEWS) - Comtech Telecommunications Corp. (CMTL), Blackrock MuniHoldings Fund (MHD), Nuveen New York Select Tax (NXN) 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 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. Comtech Telecommunications Corp. (CMTL)
400% Payout Ratio
Comtech Telecommunications Corp. and its subsidiaries design, develop, produce, market, and distribute products, services, and systems for communication solutions throughout the United States as well internationally.
Volume
Today's last reported volume for Comtech Telecommunications Corp. is 160365, 15.85% above its average volume of 138420.
As stated by Morningstar, Inc., the next dividend payment is on Jan 17, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 2.01%.
Comtech Telecommunications Corp.'s sales growth this year is expected to be negative 0.5% and 7.6% for next year.
Year-on-year quarterly revenue growth declined by 13.7%, now sitting on 563.24M for the twelve trailing months.
The company's growth estimates for the present quarter and the next is negative 176.5% and 433.3%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1.22%.
Volatility
Comtech Telecommunications Corp.'s last day, week, and month's current intraday variation average was 1.34%, 1.56%, and 2.90%, respectively.
Comtech Telecommunications Corp.'s highest amplitude of average volatility was 2.81% (day), 2.98% (last week), and 4.49% (last month), respectively.
Comtech Telecommunications Corp.'s Stock Yearly Top and Bottom Value
Comtech Telecommunications Corp.'s stock is valued at $15.90 at 08:23 EST, way under its 52-week high of $27.70 and higher than its 52-week low of $15.00.
Comtech Telecommunications Corp.'s Moving Average
Comtech Telecommunications Corp.'s value is way below its 50-day moving average of $18.84 and way below its 200-day moving average of $23.26.2. Blackrock MuniHoldings Fund (MHD)
74.78% Payout Ratio
BlackRock MuniHoldings Fund, Inc., a closed-ended mutual fund that provides fixed income, was launched in 2008 by BlackRock, Inc. BlackRock Advisors, LLC manages it.
Volume
Today's last reported volume for Blackrock MuniHoldings Fund is 197001, 67.72% above its average volume of 117455.
As claimed by Morningstar, Inc., the next dividend payment is on Mar 13, 2022, the estimated forward annual dividend rate is 0.73 and the estimated forward annual dividend yield is 5.31%.
Year-on-year quarterly revenue growth grew by 260.8%, now sitting on 40.06M 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 5.54%.
Blackrock MuniHoldings Fund's Stock Yearly Top and Bottom Value
Blackrock MuniHoldings Fund's stock is valued at $13.67 at 08:23 EST, way below its 52-week high of $17.50 and above its 52-week low of $13.53.
Blackrock MuniHoldings Fund's Moving Average
Blackrock MuniHoldings Fund's value is under its 50-day moving average of $14.84 and way under its 200-day moving average of $16.30.3. Nuveen New York Select Tax (NXN)
71.92% Payout Ratio
Nuveen Investments Inc. launched Nuveen New York Select tax-free Income Portfolio, a closed-ended mutual fund that provides fixed income. Nuveen Asset Management, LLC, and Nuveen Fund Advisors LLC co-manage the fund.
Volume
Today's last reported volume for Nuveen New York Select Tax is 23066, 263.81% above its average volume of 6340.
As stated by Morningstar, Inc., the next dividend payment is on Dec 13, 2021, the estimated forward annual dividend rate is 0.41 and the estimated forward annual dividend yield is 3.09%.
Year-on-year quarterly revenue growth declined by 10.4%, now sitting on 1.93M 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 4.13%.
Volatility
Nuveen New York Select Tax's last day, week, and month's current intraday variation average was 1.06%, 0.57%, and 0.82%, respectively.
Nuveen New York Select Tax's highest amplitude of average volatility was 1.06% (day), 0.97% (last week), and 1.26% (last month), respectively.
Nuveen New York Select Tax's Stock Yearly Top and Bottom Value
Nuveen New York Select Tax's stock is valued at $12.24 at 08:23 EST, way under its 52-week high of $14.50 and higher than its 52-week low of $12.20.
Nuveen New York Select Tax's Moving Average
Nuveen New York Select Tax's value is below its 50-day moving average of $13.07 and way under its 200-day moving average of $13.72.4. MFS High Income Municipal Trust (CXE)
60.38% Payout Ratio
MFS High Income Municipal Trust, a closed-ended fixed income mutual trust launched by Massachusetts Financial Services Company and managed by them.
Volume
Today's last reported volume for MFS High Income Municipal Trust is 153037, 24.61% above its average volume of 122812.
As maintained by Morningstar, Inc., the next dividend payment is on Feb 14, 2022, the estimated forward annual dividend rate is 0.23 and the estimated forward annual dividend yield is 5.41%.
Year-on-year quarterly revenue growth declined by 8%, now sitting on 10.41M 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 7.55%.
MFS High Income Municipal Trust's Stock Yearly Top and Bottom Value
MFS High Income Municipal Trust's stock is valued at $4.31 at 08:23 EST, way under its 52-week high of $5.53 and above its 52-week low of $4.26.
MFS High Income Municipal Trust's Moving Average
MFS High Income Municipal Trust's worth is below its 50-day moving average of $4.55 and way under its 200-day moving average of $5.04.5. Nuveen New York Dividend Advantage Municipal Fund (NAN)
59.43% Payout Ratio
Nuveen Investments, Inc. launched the Nuveen New York Quality Municipal Income Fund, a closed-end fixed income mutual fund. Nuveen Asset Management, LLC, and Nuveen Fund Advisors LLC co-manage the fund.
Volume
Today's last reported volume for Nuveen New York Dividend Advantage Municipal Fund is 23105, 60.23% below its average volume of 58111.
As claimed by Morningstar, Inc., the next dividend payment is on Mar 13, 2022, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 4.72%.
Year-on-year quarterly revenue growth declined by 11.8%, now sitting on 26.4M 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 6.7%.
Volatility
Nuveen New York Dividend Advantage Municipal Fund's last day, week, and month's current intraday variation average was 1.15%, 0.70%, and 0.69%, respectively.
Nuveen New York Dividend Advantage Municipal Fund's highest amplitude of average volatility was 1.81% (day), 1.17% (last week), and 1.21% (last month), respectively.
Nuveen New York Dividend Advantage Municipal Fund's Stock Yearly Top and Bottom Value
Nuveen New York Dividend Advantage Municipal Fund's stock is valued at $12.23 at 08:23 EST, way under its 52-week high of $15.69 and above its 52-week low of $12.18.