(VIANEWS) - Covanta Holding Corporation (CVA), TriplePoint Venture Growth BDC Corp. (TPVG), Illinois Tool Works (ITW) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up until now. 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 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. Covanta Holding Corporation (CVA)
168.42% Payout Ratio
Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and Canada.
Volume
Today's last reported volume for Covanta Holding Corporation is 961132, 8.73% below its average volume of 1053090.
As maintained by Morningstar, Inc., the next dividend payment is on Oct 5, 2021, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 1.59%.
Covanta Holding Corporation's sales growth this year is expected to be 6.9% and 1% for next year.
Year-on-year quarterly revenue growth grew by 9.8%, now sitting on 2.03B for the twelve trailing months.
Covanta Holding Corporation's sales growth is 5.2% for the ongoing quarter and 4.7% for the next. The company's growth estimates for the current quarter and the next is 275% and negative -11.1%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.86%.
Volatility
Covanta Holding Corporation's last day, week, and month's current intraday variation average was 0.10%, 0.07%, and 0.06%, respectively.
Covanta Holding Corporation's highest amplitude of average volatility was 0.15% (day), 0.10% (last week), and 0.11% (last month), respectively.
Covanta Holding Corporation's Stock Yearly Top and Bottom Value
Covanta Holding Corporation's stock is valued at $20.23 at 19:23 EST, under its 52-week high of $20.26 and way higher than its 52-week low of $12.48.
Covanta Holding Corporation's Moving Average
Covanta Holding Corporation's value is above its 50-day moving average of $20.18 and way above its 200-day moving average of $17.61.2. TriplePoint Venture Growth BDC Corp. (TPVG)
102.86% Payout Ratio
TriplePoint Venture Growth BDC Corp is a business development company specializing investments in growth stage.
Volume
Today's last reported volume for TriplePoint Venture Growth BDC Corp. is 278693, 53.02% above its average volume of 182121.
According to Morningstar, Inc., the next dividend payment is on Aug 29, 2021, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 8.42%.
TriplePoint Venture Growth BDC Corp.'s sales growth this year is expected to be negative 6.3% and 15.3% for next year.
Year-on-year quarterly revenue growth declined by 14.1%, now sitting on 85.79M for the twelve trailing months.
TriplePoint Venture Growth BDC Corp.'s sales growth for the next quarter is negative 0.5%. The company's growth estimates for the ongoing quarter and the next is negative 15% and negative -7.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 10.65%.
Volatility
TriplePoint Venture Growth BDC Corp.'s last day, week, and month's current intraday variation average was 0.06%, 1.47%, and 1.01%, respectively.
TriplePoint Venture Growth BDC Corp.'s highest amplitude of average volatility was 2.92% (day), 2.66% (last week), and 2.23% (last month), respectively.
TriplePoint Venture Growth BDC Corp.'s Stock Yearly Top and Bottom Value
TriplePoint Venture Growth BDC Corp.'s stock is valued at $16.92 at 19:23 EST, way under its 52-week high of $19.25 and way higher than its 52-week low of $12.45.
TriplePoint Venture Growth BDC Corp.'s Moving Average
TriplePoint Venture Growth BDC Corp.'s value is under its 50-day moving average of $17.69 and above its 200-day moving average of $15.99.3. Illinois Tool Works (ITW)
64.42% Payout Ratio
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide.
Volume
Today's last reported volume for Illinois Tool Works is 172151, 82.16% below its average volume of 965274.
As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2021, the estimated forward annual dividend rate is 4.56 and the estimated forward annual dividend yield is 2%.
Illinois Tool Works's sales growth this year is expected to be 15.7% and 5.8% for next year.
Year-on-year quarterly revenue growth grew by 9.8%, now sitting on 12.89B for the twelve trailing months.
Illinois Tool Works's sales growth is 21.1% for the ongoing quarter and 6.1% for the next. The company's growth estimates for the current quarter and the next is 14.8% and 7.4%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 79.64%.
Volatility
Illinois Tool Works's last day, week, and month's current intraday variation average was 1.13%, 1.24%, and 0.70%, respectively.
Illinois Tool Works's highest amplitude of average volatility was 1.35% (day), 1.66% (last week), and 1.28% (last month), respectively.
Illinois Tool Works's Stock Yearly Top and Bottom Value
Illinois Tool Works's stock is valued at $240.42 at 19:23 EST, below its 52-week high of $242.07 and way above its 52-week low of $192.89.
Illinois Tool Works's Moving Average
Illinois Tool Works's value is higher than its 50-day moving average of $221.11 and higher than its 200-day moving average of $226.77.4. Horace Mann Educators Corporation (HMN)
34.45% Payout Ratio
Horace Mann Educators Corporation, together with its subsidiaries, operates as a multiline insurance company in the United States.
Volume
Today's last reported volume for Horace Mann Educators Corporation is 498506, 235.97% above its average volume of 148377.
As maintained by Morningstar, Inc., the next dividend payment is on Dec 14, 2021, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 3.27%.
Horace Mann Educators Corporation's sales growth this year is expected to be 1.4% and 5.2% for next year.
Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 1.35B for the twelve trailing months.
Horace Mann Educators Corporation's sales growth is negative 6.3% for the current quarter and 6.6% for the next. The company's growth estimates for the present quarter and the next is negative 31% and negative -15.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 8.55%.
Volatility
Horace Mann Educators Corporation's last day, week, and month's current intraday variation average was 1.42%, 0.96%, and 1.29%, respectively.
Horace Mann Educators Corporation's highest amplitude of average volatility was 2.09% (day), 1.84% (last week), and 2.49% (last month), respectively.
Horace Mann Educators Corporation's Stock Yearly Top and Bottom Value
Horace Mann Educators Corporation's stock is valued at $37.43 at 19:23 EST, way below its 52-week high of $44.74 and higher than its 52-week low of $36.36.