(VIANEWS) – Solar Capital Ltd. (SLRC), Allete (ALE), CMS Energy (CMS) are the highest payout ratio stocks on this list.

We have gathered information regarding stocks with the highest payout ratio so far. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. Solar Capital Ltd. (SLRC)

96.72% Payout Ratio

Solar Capital Ltd.

Volume

Today’s last reported volume for Solar Capital Ltd. is 104064, 21.41% below its average volume of 132425.

According to Morningstar, Inc., the next dividend payment is on Dec 14, 2021, the estimated forward annual dividend rate is 1.64 and the estimated forward annual dividend yield is 8.74%.

Solar Capital Ltd.’s sales growth this year is anticipated to be 15.7% and 12.2% for next year.

Year-on-year quarterly revenue growth grew by 11.5%, now sitting on 134.99M for the twelve trailing months.

Solar Capital Ltd.’s sales growth is 19.2% for the present quarter and 6.8% for the next. The company’s growth estimates for the current quarter and the next is 8.6% and 2.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.41%.

Volatility

Solar Capital Ltd.’s last day, week, and month’s current intraday variation average was 0.74%, 0.59%, and 1.11%, respectively.

Solar Capital Ltd.’s highest amplitude of average volatility was 1.05% (day), 1.50% (last week), and 1.97% (last month), respectively.

Solar Capital Ltd.’s Stock Yearly Top and Bottom Value

Solar Capital Ltd.’s stock is valued at $19.01 at 13:23 EST, below its 52-week high of $20.05 and way higher than its 52-week low of $17.12.

Solar Capital Ltd.’s Moving Average

Solar Capital Ltd.’s value is higher than its 50-day moving average of $18.93 and above its 200-day moving average of $18.98.

2. Allete (ALE)

77.73% Payout Ratio

ALLETE, Inc. operates as an energy company.

Volume

Today’s last reported volume for Allete is 23007, 92.15% below its average volume of 293127.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 12, 2021, the estimated forward annual dividend rate is 2.52 and the estimated forward annual dividend yield is 4.07%.

Allete’s sales growth this year is anticipated to be 8.8% and 3.7% for next year.

Year-on-year quarterly revenue growth grew by 38%, now sitting on 1.29B for the twelve trailing months.

Allete’s sales growth is 2.5% for the present quarter and 2.3% for the next. The company’s growth estimates for the ongoing quarter and the next is negative 7.7% and 1.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.51%.

Volatility

Allete’s last day, week, and month’s current intraday variation average was 0.84%, 0.60%, and 1.00%, respectively.

Allete’s highest amplitude of average volatility was 1.35% (day), 1.31% (last week), and 1.89% (last month), respectively.

Allete’s Stock Yearly Top and Bottom Value

Allete’s stock is valued at $64.65 at 13:23 EST, way below its 52-week high of $73.10 and way above its 52-week low of $56.84.

Allete’s Moving Average

Allete’s worth is higher than its 50-day moving average of $62.97 and below its 200-day moving average of $66.70.

3. CMS Energy (CMS)

60.09% Payout Ratio

CMS Energy Corporation operates as an energy company primarily in Michigan.

Volume

Today’s last reported volume for CMS Energy is 321131, 74.19% below its average volume of 1244580.

As claimed by Morningstar, Inc., the next dividend payment is on Nov 3, 2021, the estimated forward annual dividend rate is 1.74 and the estimated forward annual dividend yield is 2.89%.

CMS Energy’s sales growth this year is expected to be 4.6% and 1% for next year.

Year-on-year quarterly revenue growth grew by 14.5%, now sitting on 7.29B for the twelve trailing months.

CMS Energy’s sales growth for the next quarter is 1.6%. The company’s growth estimates for the current quarter and the next is negative 22.1% and negative -17.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.91%.

Volatility

CMS Energy’s last day, week, and month’s current intraday variation average was 0.97%, 0.71%, and 0.51%, respectively.

CMS Energy’s highest amplitude of average volatility was 1.27% (day), 1.54% (last week), and 1.26% (last month), respectively.

CMS Energy’s Stock Yearly Top and Bottom Value

CMS Energy’s stock is valued at $62.94 at 13:23 EST, below its 52-week high of $66.68 and way above its 52-week low of $53.19.

CMS Energy’s Moving Average

CMS Energy’s value is above its 50-day moving average of $60.31 and higher than its 200-day moving average of $61.86.

4. Putnam Managed Municipal Income Trust (PMM)

58.18% Payout Ratio

Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC.

Volume

Today’s last reported volume for Putnam Managed Municipal Income Trust is 76566, 24.3% above its average volume of 61595.

According to Morningstar, Inc., the next dividend payment is on Jan 20, 2022, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 4.38%.

Year-on-year quarterly revenue growth declined by 3.9%, now sitting on 19.08M 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 6.66%.

Volatility

Putnam Managed Municipal Income Trust’s last day, week, and month’s current intraday variation average was 0.80%, 0.50%, and 0.63%, respectively.

Putnam Managed Municipal Income Trust’s highest amplitude of average volatility was 1.37% (day), 0.89% (last week), and 1.17% (last month), respectively.

Putnam Managed Municipal Income Trust’s Stock Yearly Top and Bottom Value

Putnam Managed Municipal Income Trust’s stock is valued at $8.77 at 13:23 EST, below its 52-week high of $8.92 and way above its 52-week low of $7.92.

Putnam Managed Municipal Income Trust’s Moving Average

Putnam Managed Municipal Income Trust’s worth is above its 50-day moving average of $8.56 and higher than its 200-day moving average of $8.51.

5. Cohen & Steers Limited Duration (LDP)

35.09% Payout Ratio

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. is a closed-ended fixed income fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in fixed income markets across the globe.

Volume

Today’s last reported volume for Cohen & Steers Limited Duration is 21404, 44.89% below its average volume of 38841.

As maintained by Morningstar, Inc., the next dividend payment is on Jan 10, 2022, the estimated forward annual dividend rate is 1.62 and the estimated forward annual dividend yield is 6.12%.

Volatility

Cohen & Steers Limited Duration’s last day, week, and month’s current intraday variation average was 0.23%, 0.51%, and 0.74%, respectively.

Cohen & Steers Limited Duration’s highest amplitude of average volatility was 0.99% (day), 1.62% (last week), and 1.33% (last month), respectively.

Cohen & Steers Limited Duration’s Stock Yearly Top and Bottom Value

Cohen & Steers Limited Duration’s stock is valued at $26.48 at 13:23 EST, under its 52-week high of $27.75 and higher than its 52-week low of $24.74.

Cohen & Steers Limited Duration’s Moving Average

Cohen & Steers Limited Duration’s worth is below its 50-day moving average of $26.86 and under its 200-day moving average of $26.89.

6. KT Corporation (KT)

33.09% Payout Ratio

KT Corporation provides telecommunications services worldwide.

Volume

Today’s last reported volume for KT Corporation is 123371, 80.83% below its average volume of 643600.

As maintained by Morningstar, Inc., the next dividend payment is on Dec 29, 2020, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 4.6%.

Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 24.27T 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 6.21%.

Volatility

KT Corporation’s last day, week, and month’s current intraday variation average was 0.64%, 1.74%, and 1.01%, respectively.

KT Corporation’s highest amplitude of average volatility was 0.72% (day), 1.60% (last week), and 1.20% (last month), respectively.

KT Corporation’s Stock Yearly Top and Bottom Value

KT Corporation’s stock is valued at $13.65 at 13:23 EST, way below its 52-week high of $15.35 and way above its 52-week low of $10.41.

KT Corporation’s Moving Average

KT Corporation’s worth is above its 50-day moving average of $13.07 and higher than its 200-day moving average of $13.58.

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