(VIANEWS) – Plains Group Holdings, L.P. (PAGP), Allianceberstein Holding L.P. Units (AB), Midland States Bancorp (MSBI) 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 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. Plains Group Holdings, L.P. (PAGP)

4750.91% Payout Ratio

Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada.

Volume

Today’s last reported volume for Plains Group Holdings, L.P. is 1584440, 21.12% below its average volume of 2008850.

As claimed by Morningstar, Inc., the next dividend payment is on Oct 27, 2021, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 6.09%.

Plains Group Holdings, L.P.’s sales growth this year is expected to be 46.1% and a negative 1.1% for next year.

Year-on-year quarterly revenue growth grew by 207.9%, now sitting on 30.11B for the twelve trailing months.

Plains Group Holdings, L.P.’s sales growth is 58% for the present quarter and 54.4% for the next. The company’s growth estimates for the current quarter and the next is 122.2% and 327.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.66%.

Volatility

Plains Group Holdings, L.P.’s last day, week, and month’s current volatility was 0.34%, 1.05%, and 1.45%, respectively.

Plains Group Holdings, 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 1.36% (day), 1.93% (last week), and 2.84% (last month), respectively.

Plains Group Holdings, L.P.’s Stock Yearly Top and Bottom Value

Plains Group Holdings, L.P.’s stock is valued at $11.86 at 14:23 EST, under its 52-week high of $12.96 and way higher than its 52-week low of $5.78.

Plains Group Holdings, L.P.’s Moving Average

Plains Group Holdings, L.P.’s value is way above its 50-day moving average of $10.62 and way higher than its 200-day moving average of $10.62.

2. Allianceberstein Holding L.P. Units (AB)

91.39% Payout Ratio

AllianceBernstein Holding L.P. is publicly owned investment manager.

Volume

Today’s last reported volume for Allianceberstein Holding L.P. Units is 129590, 48.76% below its average volume of 252923.

According to Morningstar, Inc., the next dividend payment is on Aug 5, 2021, the estimated forward annual dividend rate is 3.38 and the estimated forward annual dividend yield is 6.48%.

Allianceberstein Holding L.P. Units’s sales growth this year is anticipated to be 20.3% and 6.2% for next year.

Year-on-year quarterly revenue growth grew by 54.1%, now sitting on 361.6M for the twelve trailing months.

Allianceberstein Holding L.P. Units’s sales growth is 19.5% for the current quarter and 7.9% for the next. The company’s growth estimates for the present quarter and the next is 24.6% and 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 21.5%.

Volatility

Allianceberstein Holding L.P. Units’s last day, week, and month’s current volatility was 0.29%, 1.33%, and 1.87%, respectively.

Allianceberstein Holding L.P. Units’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.29% (day), 1.85% (last week), and 2.48% (last month), respectively.

Allianceberstein Holding L.P. Units’s Stock Yearly Top and Bottom Value

Allianceberstein Holding L.P. Units’s stock is valued at $52.31 at 14:23 EST, under its 52-week high of $52.65 and way above its 52-week low of $28.61.

Allianceberstein Holding L.P. Units’s Moving Average

Allianceberstein Holding L.P. Units’s value is higher than its 50-day moving average of $51.00 and way higher than its 200-day moving average of $46.82.

3. Midland States Bancorp (MSBI)

63.68% Payout Ratio

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities.

Volume

Today’s last reported volume for Midland States Bancorp is 73075, 3.43% below its average volume of 75676.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 11, 2021, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 4.4%.

Midland States Bancorp’s sales growth this year is expected to be 5.2% and a negative 1.8% for next year.

Year-on-year quarterly revenue growth grew by 20.2%, now sitting on 250.56M for the twelve trailing months.

Midland States Bancorp’s sales growth is 0.4% for the current quarter and 2.1% for the next. The company’s growth estimates for the next quarter is 51.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.35%.

Volatility

Midland States Bancorp’s last day, week, and month’s current volatility was 0.92%, 1.58%, and 1.51%, respectively.

Midland States Bancorp’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.00% (day), 1.78% (last week), and 2.45% (last month), respectively.

Midland States Bancorp’s Stock Yearly Top and Bottom Value

Midland States Bancorp’s stock is valued at $25.21 at 14:23 EST, way under its 52-week high of $30.32 and way higher than its 52-week low of $13.51.

Midland States Bancorp’s Moving Average

Midland States Bancorp’s value is higher than its 50-day moving average of $24.74 and under its 200-day moving average of $26.26.

4. Oxford Lane Capital Corp. (OXLC)

30.1% Payout Ratio

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC.

Volume

Today’s last reported volume for Oxford Lane Capital Corp. is 575151, 43.92% below its average volume of 1025650.

As stated by Morningstar, Inc., the next dividend payment is on Oct 13, 2021, the estimated forward annual dividend rate is 0.81 and the estimated forward annual dividend yield is 11.31%.

Year-on-year quarterly revenue growth grew by 1.8%, now sitting on 127.35M 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 67.03%.

Volatility

Oxford Lane Capital Corp.’s last day, week, and month’s current volatility was 0.13%, 0.68%, and 0.78%, respectively.

Oxford Lane Capital Corp.’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.31% (day), 1.75% (last week), and 1.59% (last month), respectively.

Oxford Lane Capital Corp.’s Stock Yearly Top and Bottom Value

Oxford Lane Capital Corp.’s stock is valued at $7.65 at 14:23 EST, under its 52-week high of $7.88 and way higher than its 52-week low of $4.21.

Oxford Lane Capital Corp.’s Moving Average

Oxford Lane Capital Corp.’s worth is higher than its 50-day moving average of $7.28 and above its 200-day moving average of $7.15.

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