(VIANEWS) – Blackstone GSO Long Short Credit Income Fund (BGX), ABB Ltd (ABB), Invesco Bond Fund (VBF) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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)

301.54% Payout Ratio

Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP.

Volume

Today’s last reported volume for Blackstone GSO Long Short Credit Income Fund is 70359, 67.46% above its average volume of 42015.

As stated by Morningstar, Inc., the next dividend payment is on Aug 22, 2021, the estimated forward annual dividend rate is 0.97 and the estimated forward annual dividend yield is 6.63%.

Volatility

Blackstone GSO Long Short Credit Income Fund’s last day, week, and month’s current volatility was 1.04%, 0.48%, and 0.45%, respectively.

Blackstone GSO Long Short Credit 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 1.43% (day), 0.90% (last week), and 0.82% (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 $15.48 at 01:23 EST, under its 52-week high of $15.59 and way above its 52-week low of $12.87.

Blackstone GSO Long Short Credit Income Fund’s Moving Average

Blackstone GSO Long Short Credit Income Fund’s worth is higher than its 50-day moving average of $15.19 and above its 200-day moving average of $14.80.

2. ABB Ltd (ABB)

198.71% Payout Ratio

Volume

Today’s last reported volume for ABB Ltd is 754815, 43.22% below its average volume of 1329420.

As maintained by Morningstar, Inc., the next dividend payment is on Mar 28, 2021, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 2.36%.

ABB Ltd’s sales growth this year is anticipated to be 13.5% and 5.5% for next year.

Year-on-year quarterly revenue growth grew by 21%, now sitting on 28.11B for the twelve trailing months.

ABB Ltd’s sales growth is 13.5% for the current quarter and 9.8% for the next. The company’s growth estimates for the present quarter and the next is 90.5% and 57.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.18%.

Volatility

ABB Ltd’s last day, week, and month’s current volatility was 0.61%, 1.14%, and 1.43%, respectively.

ABB Ltd’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.67% (day), 0.96% (last week), and 0.96% (last month), respectively.

ABB Ltd’s Stock Yearly Top and Bottom Value

ABB Ltd’s stock is valued at $34.88 at 01:23 EST, under its 52-week high of $38.03 and way higher than its 52-week low of $26.31.

ABB Ltd’s Moving Average

ABB Ltd’s value is higher than its 50-day moving average of $33.80 and under its 200-day moving average of $34.92.

3. Invesco Bond Fund (VBF)

58.54% Payout Ratio

Invesco Bond Fund is a close ended fixed income mutual fund launched by Invesco Ltd.

Volume

Today’s last reported volume for Invesco Bond Fund is 27697, 13.02% above its average volume of 24506.

According to Morningstar, Inc., the next dividend payment is on Mar 13, 2018, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 3.34%.

Year-on-year quarterly revenue growth declined by 8.4%, now sitting on 9.33M 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 5.9%.

Volatility

Invesco Bond Fund’s last day, week, and month’s current volatility was 0.39%, 0.32%, and 0.84%, respectively.

Invesco Bond Fund’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.54% (day), 0.83% (last week), and 1.32% (last month), respectively.

Invesco Bond Fund’s Stock Yearly Top and Bottom Value

Invesco Bond Fund’s stock is valued at $20.41 at 01:23 EST, below its 52-week high of $21.78 and higher than its 52-week low of $19.15.

Invesco Bond Fund’s Moving Average

Invesco Bond Fund’s value is under its 50-day moving average of $20.69 and under its 200-day moving average of $20.45.

4. Western Asset Mortgage Defined Opportunity Fund (DMO)

57.98% Payout Ratio

Western Asset Mortgage 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 Mortgage Defined Opportunity Fund is 16864, 51.22% below its average volume of 34576.

As maintained by Morningstar, Inc., the next dividend payment is on Sep 21, 2021, the estimated forward annual dividend rate is 1.35 and the estimated forward annual dividend yield is 8.39%.

Year-on-year quarterly revenue growth declined by 29%, now sitting on 14.68M for the twelve trailing months.

Volatility

Western Asset Mortgage Defined Opportunity Fund’s last day, week, and month’s current volatility was 0.06%, 0.43%, and 0.53%, respectively.

Western Asset Mortgage 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 0.88% (day), 1.11% (last week), and 1.15% (last month), respectively.

Western Asset Mortgage Defined Opportunity Fund’s Stock Yearly Top and Bottom Value

Western Asset Mortgage Defined Opportunity Fund’s stock is valued at $16.04 at 01:23 EST, under its 52-week high of $16.29 and way higher than its 52-week low of $13.16.

Western Asset Mortgage Defined Opportunity Fund’s Moving Average

Western Asset Mortgage Defined Opportunity Fund’s worth is above its 50-day moving average of $15.88 and higher than its 200-day moving average of $15.58.

5. American States Water Company (AWR)

53.6% Payout Ratio

American States Water Company, through its subsidiaries, provides water and electric services to residential, industrial, and other customers in the United States.

Volume

Today’s last reported volume for American States Water Company is 151479, 7.17% below its average volume of 163195.

As stated by Morningstar, Inc., the next dividend payment is on Aug 12, 2021, the estimated forward annual dividend rate is 1.46 and the estimated forward annual dividend yield is 1.61%.

American States Water Company’s sales growth this year is expected to be 4% and 3.7% for next year.

Year-on-year quarterly revenue growth grew by 5.9%, now sitting on 503.36M for the twelve trailing months.

American States Water Company’s sales growth is negative 1.2% for the present quarter and 5.5% for the next. The company’s growth estimates for the ongoing quarter and the next is 4.2% and negative -20.4%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.43%.

Volatility

American States Water Company’s last day, week, and month’s current volatility was 1.02%, 1.32%, and 0.91%, respectively.

American States Water Company’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.03% (day), 2.45% (last week), and 1.76% (last month), respectively.

American States Water Company’s Stock Yearly Top and Bottom Value

American States Water Company’s stock is valued at $93.32 at 01:23 EST, below its 52-week high of $94.96 and way above its 52-week low of $70.07.

American States Water Company’s Moving Average

American States Water Company’s value is higher than its 50-day moving average of $89.03 and higher than its 200-day moving average of $85.43.

6. Old Point Financial Corporation (OPOF)

38.71% Payout Ratio

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia.

Volume

Today’s last reported volume for Old Point Financial Corporation is 2046, 53.75% below its average volume of 4424.

As stated by Morningstar, Inc., the next dividend payment is on Aug 30, 2021, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 2.43%.

Year-on-year quarterly revenue growth grew by 4.2%, now sitting on 51.67M 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 5.51%.

Volatility

Old Point Financial Corporation’s last day, week, and month’s current volatility was 1.22%, 1.23%, and 1.41%, respectively.

Old Point Financial Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.22% (day), 2.40% (last week), and 2.07% (last month), respectively.

Old Point Financial Corporation’s Stock Yearly Top and Bottom Value

Old Point Financial Corporation’s stock is valued at $22.44 at 01:23 EST, way under its 52-week high of $26.26 and way above its 52-week low of $16.00.

Old Point Financial Corporation’s Moving Average

Old Point Financial Corporation’s worth is above its 50-day moving average of $21.32 and above its 200-day moving average of $22.41.

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