(VIANEWS) – Patterson Companies (PDCO), Albemarle (ALB), China Life Insurance Company Limited (LFC) 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. Patterson Companies (PDCO)

64.6% Payout Ratio

Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada.

Volume

Today’s last reported volume for Patterson Companies is 463017 which is 56.07% below its average volume of 1053880.

As maintained by Morningstar, Inc., the next dividend payment is on Jul 21, 2021, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 3.43%.

Patterson Companies’s sales growth this year is anticipated to be 4.8% and 2.8% for next year.

Year-on-year quarterly revenue growth grew by 21.4%, now sitting on 5.91B for the twelve trailing months.

The company’s growth estimates for the ongoing quarter and the next is 12.1% and negative -19%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.22%.

Volatility

Patterson Companies’s last day, week, and month’s current volatility was 1.20%, 0.71%, and 0.93%, respectively.

Patterson Companies’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.80% (day), 1.88% (last week), and 2.18% (last month), respectively.

Patterson Companies’s Stock Yearly Top and Bottom Value

Patterson Companies’s stock is valued at $31.13 at 14:23 EST, way under its 52-week high of $37.37 and way above its 52-week low of $22.15.

Patterson Companies’s Moving Average

Patterson Companies’s worth is under its 50-day moving average of $31.56 and below its 200-day moving average of $32.53.

2. Albemarle (ALB)

46.12% Payout Ratio

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide.

Volume

Today’s last reported volume for Albemarle is 833770 which is 19.66% below its average volume of 1037840.

As maintained by Morningstar, Inc., the next dividend payment is on Jun 9, 2021, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 0.89%.

News about Albemarle (ALB) today

According to today’s article on Bloomberg Quint, "The earnings cycle also brings numbers from the world’s top lithium producer, Albemarle Corp., and a clutch of Japan’s storied commodities giants. "

Albemarle’s sales growth this year is anticipated to be 3.6% and 15.2% for next year.

Year-on-year quarterly revenue growth grew by 12.2%, now sitting on 3.22B for the twelve trailing months.

Albemarle’s sales growth is 3.2% for the present quarter and 3% for the next. The company’s growth estimates for the ongoing quarter and the next is negative 3.5% and negative -26.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.83%.

Volatility

Albemarle’s last day, week, and month’s current volatility was 1.59%, 2.85%, and 2.39%, respectively.

Albemarle’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.02% (day), 4.03% (last week), and 4.08% (last month), respectively.

Albemarle’s Stock Yearly Top and Bottom Value

Albemarle’s stock is valued at $207.36 at 14:23 EST, below its 52-week high of $211.00 and way above its 52-week low of $79.06.

Albemarle’s Moving Average

Albemarle’s value is way above its 50-day moving average of $173.85 and way higher than its 200-day moving average of $163.23.

3. China Life Insurance Company Limited (LFC)

41.33% Payout Ratio

China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China.

Volume

Today’s last reported volume for China Life Insurance Company Limited is 434084 which is 50.23% below its average volume of 872182.

According to Morningstar, Inc., the next dividend payment is on Jul 5, 2021, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 5.49%.

Year-on-year quarterly revenue growth grew by 10.5%, now sitting on 847.72B 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 14.1%.

Volatility

China Life Insurance Company Limited’s last day, week, and month’s current volatility was 0.72%, 1.88%, and 1.62%, respectively.

China Life Insurance Company Limited’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.45% (day), 1.42% (last week), and 1.30% (last month), respectively.

China Life Insurance Company Limited’s Stock Yearly Top and Bottom Value

China Life Insurance Company Limited’s stock is valued at $8.45 at 14:23 EST, way below its 52-week high of $12.99 and above its 52-week low of $8.36.

China Life Insurance Company Limited’s Moving Average

China Life Insurance Company Limited’s worth is way below its 50-day moving average of $9.56 and way under its 200-day moving average of $10.33.

4. Archer (ADM)

39.4% Payout Ratio

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally.

Volume

Today’s last reported volume for Archer is 1324450 which is 47.99% below its average volume of 2546700.

As stated by Morningstar, Inc., the next dividend payment is on May 17, 2021, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 2.41%.

Archer’s sales growth this year is expected to be 11.5% and 1.8% for next year.

Year-on-year quarterly revenue growth grew by 26.2%, now sitting on 68.28B for the twelve trailing months.

Archer’s sales growth is 9.8% for the current quarter and 1.2% for the next. The company’s growth estimates for the present quarter and the next is 15.3% and 2.2%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.42%.

Volatility

Archer’s last day, week, and month’s current volatility was 0.20%, 0.73%, and 0.91%, respectively.

Archer’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.53% (day), 2.06% (last week), and 1.75% (last month), respectively.

Archer’s Stock Yearly Top and Bottom Value

Archer’s stock is valued at $59.56 at 14:23 EST, way below its 52-week high of $69.30 and way above its 52-week low of $42.03.

Archer’s Moving Average

Archer’s value is below its 50-day moving average of $61.37 and above its 200-day moving average of $59.44.

5. Calamos Convertible and High Income Fund (CHY)

33.33% Payout Ratio

Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC.

Volume

Today’s last reported volume for Calamos Convertible and High Income Fund is 103884 which is 32.61% below its average volume of 154157.

According to Morningstar, Inc., the next dividend payment is on Jun 10, 2021, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 7.39%.

Year-on-year quarterly revenue growth declined by 1.9%, now sitting on 57.13M 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 51.38%.

Volatility

Calamos Convertible and High Income Fund’s last day, week, and month’s current volatility was 0.50%, 0.80%, and 0.89%, respectively.

Calamos Convertible and High Income Fund’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.76% (day), 1.43% (last week), and 1.27% (last month), respectively.

Calamos Convertible and High Income Fund’s Stock Yearly Top and Bottom Value

Calamos Convertible and High Income Fund’s stock is valued at $15.91 at 14:23 EST, under its 52-week high of $16.49 and way above its 52-week low of $11.21.

Calamos Convertible and High Income Fund’s Moving Average

Calamos Convertible and High Income Fund’s value is under its 50-day moving average of $16.05 and higher than its 200-day moving average of $15.51.

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