(VIANEWS) - MFS Municipal Income Trust (CMU), Kennametal (KMT), BlackRock Municipal Income Investment Quality Trust (BAF) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio up until now. The payout ratio in itself isn't a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. MFS Municipal Income Trust (CMU)
1085% 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 139037 which is 184.12% above its average volume of 48936.
As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2021, the estimated forward annual dividend rate is 0.21 and the estimated forward annual dividend yield is 4.45%.
Year-on-year quarterly revenue growth declined by 14%, now sitting on 8.9M 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 0.37%.
Volatility
MFS Municipal Income Trust's last day, week, and month's current volatility was 0.63%, 0.42%, and 0.46%, respectively.
MFS Municipal Income Trust's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.05% (day), 1.31% (last week), and 0.93% (last month), respectively.
MFS Municipal Income Trust's Stock Yearly Top and Bottom Value
MFS Municipal Income Trust's stock is valued at $4.73 at 20:23 EST, under its 52-week high of $4.83 and way above its 52-week low of $4.11.
MFS Municipal Income Trust's Moving Average
MFS Municipal Income Trust's value is under its 50-day moving average of $4.73 and higher than its 200-day moving average of $4.59.2. Kennametal (KMT)
666.67% Payout Ratio
Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide.
Volume
Today's last reported volume for Kennametal is 389076 which is 36.32% below its average volume of 610949.
As maintained by Morningstar, Inc., the next dividend payment is on May 9, 2021, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 2.05%.
Kennametal's sales growth this year is anticipated to be negative 2.7% and 13.5% for next year.
Year-on-year quarterly revenue growth grew by 0.3%, now sitting on 1.7B for the twelve trailing months.
Kennametal's sales growth is 35.7% for the present quarter and 26.4% for the next. The company's growth estimates for the current quarter and the next is 166.7% and 966.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1.06%.
Volatility
Kennametal's last day, week, and month's current volatility was 0.08%, 1.58%, and 1.46%, respectively.
Kennametal's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.55% (day), 2.63% (last week), and 3.03% (last month), respectively.
Kennametal's Stock Yearly Top and Bottom Value
Kennametal's stock is valued at $35.42 at 20:23 EST, way under its 52-week high of $43.04 and way above its 52-week low of $25.26.
Kennametal's Moving Average
Kennametal's worth is below its 50-day moving average of $36.30 and below its 200-day moving average of $38.75.3. BlackRock Municipal Income Investment Quality Trust (BAF)
291.82% Payout Ratio
BlackRock Municipal Income Investment Quality Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC.
Volume
Today's last reported volume for BlackRock Municipal Income Investment Quality Trust is 77361 which is 313.34% above its average volume of 18716.
As claimed by Morningstar, Inc., the next dividend payment is on Mar 1, 2021, the estimated forward annual dividend rate is 0.74 and the estimated forward annual dividend yield is 5.23%.
Year-on-year quarterly revenue growth declined by 4.2%, now sitting on 8.99M 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 1.38%.
BlackRock Municipal Income Investment Quality Trust's Stock Yearly Top and Bottom Value
BlackRock Municipal Income Investment Quality Trust's stock is valued at $14.10 at 20:23 EST, way below its 52-week high of $16.37 and way above its 52-week low of $12.35.
BlackRock Municipal Income Investment Quality Trust's Moving Average
BlackRock Municipal Income Investment Quality Trust's worth is below its 50-day moving average of $14.72 and below its 200-day moving average of $14.70.4. Western Asset High Yield Defined Opportunity Fund (HYI)
133.29% Payout Ratio
Western Asset High Yield Defined Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Volume
Today's last reported volume for Western Asset High Yield Defined Opportunity Fund is 56301 which is 10.94% above its average volume of 50747.
As stated by Morningstar, Inc., the next dividend payment is on Jul 21, 2021, the estimated forward annual dividend rate is 1.13 and the estimated forward annual dividend yield is 7.36%.
Volatility
Western Asset High Yield Defined Opportunity Fund's last day, week, and month's current volatility was 0.39%, 0.55%, and 0.32%, respectively.
Western Asset High Yield Defined Opportunity Fund's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.58% (day), 0.87% (last week), and 0.72% (last month), respectively.
Western Asset High Yield Defined Opportunity Fund's Stock Yearly Top and Bottom Value
Western Asset High Yield Defined Opportunity Fund's stock is valued at $15.60 at 20:23 EST, under its 52-week high of $15.75 and way higher than its 52-week low of $13.83.
Western Asset High Yield Defined Opportunity Fund's Moving Average
Western Asset High Yield Defined Opportunity Fund's value is above its 50-day moving average of $15.49 and higher than its 200-day moving average of $15.37.5. Ares Management L.P. (ARES)
109.87% Payout Ratio
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia.
Volume
Today's last reported volume for Ares Management L.P. is 317991 which is 68.58% below its average volume of 1012050.
As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2021, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 2.9%.
Ares Management L.P.'s sales growth this year is anticipated to be 3.2% and 23.8% for next year.
Year-on-year quarterly revenue growth grew by 4810%, now sitting on 2.41B for the twelve trailing months.
Ares Management L.P.'s sales growth is 23.9% for the present quarter and negative 0.1% for the next. The company's growth estimates for the present quarter and the next is 30.8% and 18.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 28.18%.
Volatility
Ares Management L.P.'s last day, week, and month's current volatility was 0.33%, 1.99%, and 1.64%, respectively.
Ares Management L.P.'s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.07% (day), 2.78% (last week), and 2.61% (last month), respectively.
Ares Management L.P.'s Stock Yearly Top and Bottom Value
Ares Management L.P.'s stock is valued at $63.95 at 20:23 EST, below its 52-week high of $65.65 and way above its 52-week low of $38.13.
Ares Management L.P.'s Moving Average
Ares Management L.P.'s value is above its 50-day moving average of $59.65 and way higher than its 200-day moving average of $53.58.6. Packaging Corporation of America (PKG)
70.2% Payout Ratio
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States.
Volume
Today's last reported volume for Packaging Corporation of America is 408599 which is 25.52% below its average volume of 548617.
According to Morningstar, Inc., the next dividend payment is on Jun 13, 2021, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 2.92%.
Packaging Corporation of America's sales growth this year is anticipated to be 9.4% and 2.9% for next year.
Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 6.76B for the twelve trailing months.
Packaging Corporation of America's sales growth for the current quarter is 15.1%. The company's growth estimates for the current quarter and the next is 28.3% and 33.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 14.99%.
Volatility
Packaging Corporation of America's last day, week, and month's current volatility was 0.44%, 0.74%, and 1.08%, respectively.
Packaging Corporation of America's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.37% (day), 1.38% (last week), and 1.69% (last month), respectively.
Packaging Corporation of America's Stock Yearly Top and Bottom Value
Packaging Corporation of America's stock is valued at $137.16 at 20:23 EST, way below its 52-week high of $156.54 and way above its 52-week low of $92.02.