(VIANEWS) - Blackstone GSO Long Short Credit Income Fund (BGX), Gray Communications Systems (GTN), Provident Financial Services (PFS) 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 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. Blackstone GSO Long Short Credit Income Fund (BGX)
74.27% Payout Ratio
The Blackstone / GSO Long Short Credit Income Fund, a closed-ended fixed-income mutual fund that was launched by The Blackstone Group LP is Blackstone / GSO Long Credit Income Fund. GSO/Blackstone Debt Funds Management LLC manages the fund. The fund can be invested in both fixed-income markets in the United States by taking long or short positions. This fund invests in stocks from companies that operate across diverse sectors. The fund invests primarily in fixed-income and loans of corporate issuers. This includes first and second lien secured loan, and high yield corporate debt securities with varying maturities. It invests in securities that are not considered investment-grade. To create its portfolio, it uses fundamental analysis and a credit-driven research approach. It compares its portfolio's performance to a composite index that includes 70% S&P/LSTA Loan Index and 30% Barclays US High Yield Index. The fund was previously known as Blackstone/GSO Dynamic Credit Income Fund. Blackstone/GSO Long-Short Credit Income Fund is a new entity that was established on 22 October 2010. Its headquarters are in the United States.
Volume
Today's last reported volume for Blackstone GSO Long Short Credit Income Fund is 25670, 43.93% below its average volume of 45787.
As claimed by Morningstar, Inc., the next dividend payment is on Aug 22, 2022, the estimated forward annual dividend rate is 0.94 and the estimated forward annual dividend yield is 7.77%.
Volatility
Blackstone GSO Long Short Credit Income Fund's last day, week, and month's current intraday variation average was 0.57%, 0.82%, and 0.79%, respectively.
Blackstone GSO Long Short Credit Income Fund's highest amplitude of average volatility was 0.90% (day), 1.02% (last week), and 1.08% (last month), respectively.
Blackstone GSO Long Short Credit Income Fund's Stock Yearly Top and Bottom Value
Blackstone GSO Long Short Credit Income Fund's stock is valued at $12.30 at 02:23 EST, way under its 52-week high of $15.59 and higher than its 52-week low of $11.36.
Blackstone GSO Long Short Credit Income Fund's Moving Average
Blackstone GSO Long Short Credit Income Fund's value is higher than its 50-day moving average of $11.90 and under its 200-day moving average of $13.35.2. Gray Communications Systems (GTN)
49.23% Payout Ratio
Gray Television, Inc., an American television broadcasting company, operates and owns television stations in America. It also broadcasts digital secondary channels that are affiliated to ABC, CBS and FOX. The Network, and local weather channels in different markets. It is involved in video programming, digital marketing and businesses such as Raycom Sports and Tupelo-Raycom; production of PowerNation content and programs. It owned or operated 93 TV markets as of February 21st 2020. Gray Communications Systems, Inc. was the company's former name. Gray Television, Inc. took over its operations in August 2002. Gray Television, Inc. was established in Atlanta, Georgia in 1897.
Volume
Today's last reported volume for Gray Communications Systems is 447393, 48.21% below its average volume of 863967.
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2022, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 1.65%.
Gray Communications Systems's sales growth this year is expected to be 57.1% and a negative 9.3% for next year.
Year-on-year quarterly revenue growth grew by 52%, now sitting on 2.7B for the twelve trailing months.
The company's growth estimates for the present quarter and the next is 218.5% and 612.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.63%.
Volatility
Gray Communications Systems's last day, week, and month's current intraday variation average was 2.95%, 1.60%, and 1.93%, respectively.
Gray Communications Systems's highest amplitude of average volatility was 2.57% (day), 2.36% (last week), and 3.14% (last month), respectively.
Gray Communications Systems's Stock Yearly Top and Bottom Value
Gray Communications Systems's stock is valued at $20.22 at 02:23 EST, way below its 52-week high of $25.24 and way above its 52-week low of $16.13.
Gray Communications Systems's Moving Average
Gray Communications Systems's value is way higher than its 50-day moving average of $18.36 and under its 200-day moving average of $20.40.3. Provident Financial Services (PFS)
45.67% Payout Ratio
Provident Financial Services, Inc. is the holding company of Provident Bank. It provides banking services for individuals, families, businesses, and small business owners in the United States. Deposit products offered by the company include checking, savings, interest bearing checking, money market deposits, certificate of deposit accounts and IRA products. The company's loan portfolio includes commercial real estate loans secured by multi-family apartments, office buildings and retail or industrial properties. It also offers fixed-rate and adjustable rate mortgage loans. Commercial construction loans are available. Consumer loans include home equity loans and home equity lines, as well as personal and vehicle loans. It also provides cash management services, including remote deposit capture and payroll origination. Escrow account management and online and mobile banking are available. It also offers wealth management services, including trust and estate administration and financial planning. The company also sells annuities and insurance products. It is also a real-estate investment trust that acquires mortgage loans and other real property assets. Additionally, it manages and sales properties purchased through foreclosure. It had 83 fully-service branches in New Jersey and Pennsylvania as of December 31, 2019. It was established in Jersey City in New Jersey in 1839.
Volume
Today's last reported volume for Provident Financial Services is 245068, 16.76% below its average volume of 294425.
As stated by Morningstar, Inc., the next dividend payment is on Aug 10, 2022, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 4.01%.
Provident Financial Services's sales growth this year is anticipated to be 11.8% and 10.6% for next year.
Year-on-year quarterly revenue growth declined by 4.4%, now sitting on 462.86M for the twelve trailing months.
Provident Financial Services's sales growth for the next quarter is 16.2%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.67%.
Volatility
Provident Financial Services's last day, week, and month's current intraday variation average was 1.46%, 1.16%, and 0.87%, respectively.
Provident Financial Services's highest amplitude of average volatility was 2.13% (day), 1.49% (last week), and 1.55% (last month), respectively.
Provident Financial Services's Stock Yearly Top and Bottom Value
Provident Financial Services's stock is valued at $23.96 at 02:23 EST, below its 52-week high of $26.20 and way higher than its 52-week low of $21.26.
Provident Financial Services's Moving Average
Provident Financial Services's worth is above its 50-day moving average of $23.42 and above its 200-day moving average of $23.50.4. Mid Penn Bancorp (MPB)
36.87% Payout Ratio
Mid Penn Bancorp, Inc. is the bank holding firm for Mid Penn Bank. It provides commercial banking services to individuals, corporations, partnerships, nonprofit organizations, and non-profits. It offers different time- and demand deposit options, such as checking, savings, club, money market deposits accounts, certificates, deposit and IRAs. The company also offers a variety of loan products, including mortgage and home equity loans as well as secured and unsecure commercial and consumer loans. Lines of credit are available, along with lines of credit and construction financing. It also has loans for non-profit organizations, local governments, farmers, small businesses, and loans to community development. The company also offers secure deposit boxes, trust and wealth management and online banking. It had 36 full-service retail locations that offered banking services as of December 31, 2020 in Berks and Bucks, Chesters, Cumberlands, Dauphins Fayette Lancaster, Luzerne Montgomery Northumberland Schuylkill and Westmoreland Counties, Pennsylvania. It was established in Millersburg in Pennsylvania in 1868.
Volume
Today's last reported volume for Mid Penn Bancorp is 15890, 30.39% below its average volume of 22830.
As claimed by Morningstar, Inc., the next dividend payment is on Aug 8, 2022, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 2.79%.
Mid Penn Bancorp's sales growth this year is expected to be 26.7% and 9% for next year.
Year-on-year quarterly revenue growth grew by 24.1%, now sitting on 145.3M for the twelve trailing months.
Mid Penn Bancorp's sales growth is 43% for the ongoing quarter and 33.9% for the next. The company's growth estimates for the ongoing quarter and the next is negative 3.5% and 1800%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 8.12%.
Volatility
Mid Penn Bancorp's last day, week, and month's current intraday variation average was 1.01%, 1.30%, and 1.17%, respectively.
Mid Penn Bancorp's highest amplitude of average volatility was 2.24% (day), 1.92% (last week), and 2.46% (last month), respectively.
Mid Penn Bancorp's Stock Yearly Top and Bottom Value
Mid Penn Bancorp's stock is valued at $28.80 at 02:23 EST, way below its 52-week high of $33.89 and way above its 52-week low of $24.81.