(VIANEWS) – Corning Incorporated (GLW), Lake Shore Bancorp (LSBK), MEDIFAST (MED) 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 promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. Corning Incorporated (GLW)

93.07% Payout Ratio

Corning Incorporated is engaged in the display technology, optical communication, environmental technologies and specialty materials industries.

Volume

Today’s last reported volume for Corning Incorporated is 4168790, 16.57% below its average volume of 4997200.

As stated by Morningstar, Inc., the next dividend payment is on Nov 9, 2021, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 2.55%.

Corning Incorporated’s sales growth this year is expected to be 22.4% and 5% for next year.

Year-on-year quarterly revenue growth grew by 20.5%, now sitting on 13.76B for the twelve trailing months.

Corning Incorporated’s sales growth is 20.9% for the ongoing quarter and 9.2% for the next. The company’s growth estimates for the current quarter and the next is 34.9% and 11.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.26%.

Volatility

Corning Incorporated’s last day, week, and month’s current intraday variation average was 1.30%, 1.48%, and 1.68%, respectively.

Corning Incorporated’s highest amplitude of average volatility was 2.16% (day), 2.66% (last week), and 2.89% (last month), respectively.

Corning Incorporated’s Stock Yearly Top and Bottom Value

Corning Incorporated’s stock is valued at $36.83 at 08:23 EST, way under its 52-week high of $46.82 and above its 52-week low of $34.81.

Corning Incorporated’s Moving Average

Corning Incorporated’s worth is under its 50-day moving average of $37.64 and below its 200-day moving average of $40.64.

2. Lake Shore Bancorp (LSBK)

56.07% Payout Ratio

Lake Shore Bancorp, Inc. is the saving and loan holding bank for Lake Shore Savings Bank, which provides banking products, and services.

Volume

Today’s last reported volume for Lake Shore Bancorp is 2579, 82.64% above its average volume of 1412.

As maintained by Morningstar, Inc., the next dividend payment is on Jul 31, 2022, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 5.15%.

Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 25.38M 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 7.48%.

Volatility

Lake Shore Bancorp’s last day, week, and month’s current intraday variation average was 0.58%, 0.40%, and 0.35%, respectively.

Lake Shore Bancorp’s highest amplitude of average volatility was 0.94% (day), 0.82% (last week), and 0.39% (last month), respectively.

Lake Shore Bancorp’s Stock Yearly Top and Bottom Value

Lake Shore Bancorp’s stock is valued at $13.98 at 08:23 EST, under its 52-week high of $15.26 and above its 52-week low of $13.20.

Lake Shore Bancorp’s Moving Average

Lake Shore Bancorp’s value is below its 50-day moving average of $14.06 and below its 200-day moving average of $14.71.

3. MEDIFAST (MED)

42.08% Payout Ratio

Medifast, Inc., via its subsidiaries, produces and distributes healthy living and weight loss products and other nutritional products throughout the United States.

Volume

Today’s last reported volume for MEDIFAST is 128439, 2.89% above its average volume of 124820.

As stated by Morningstar, Inc., the next dividend payment is on Jun 26, 2022, the estimated forward annual dividend rate is 6.56 and the estimated forward annual dividend yield is 3.8%.

MEDIFAST’s sales growth this year is anticipated to be 19.5% and 14.2% for next year.

Year-on-year quarterly revenue growth grew by 22.6%, now sitting on 1.6B for the twelve trailing months.

MEDIFAST’s sales growth for the next quarter is 17%. The company’s growth estimates for the present quarter and the next is negative 15.4% and 23.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 84.29%.

Volatility

MEDIFAST’s last day, week, and month’s current intraday variation average was 2.03%, 1.39%, and 1.71%, respectively.

MEDIFAST’s highest amplitude of average volatility was 3.65% (day), 3.30% (last week), and 3.47% (last month), respectively.

MEDIFAST’s Stock Yearly Top and Bottom Value

MEDIFAST’s stock is valued at $172.53 at 08:23 EST, way below its 52-week high of $295.38 and way higher than its 52-week low of $154.67.

MEDIFAST’s Moving Average

MEDIFAST’s worth is under its 50-day moving average of $176.71 and under its 200-day moving average of $190.43.

4. Aon plc (AON)

32.48% Payout Ratio

Aon plc is a global professional services company that provides solutions and advice to clients focusing on risks, retirement and health.

Volume

Today’s last reported volume for Aon plc is 925760, 4.64% below its average volume of 970886.

As stated by Morningstar, Inc., the next dividend payment is on Apr 28, 2022, the estimated forward annual dividend rate is 2.24 and the estimated forward annual dividend yield is 0.8%.

Aon plc’s sales growth this year is anticipated to be 4.8% and 5.6% for next year.

Year-on-year quarterly revenue growth grew by 4.1%, now sitting on 12.34B for the twelve trailing months.

The company’s growth estimates for the current quarter and the next is 12.2% and 17.8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 50.35%.

Volatility

Aon plc’s last day, week, and month’s current intraday variation average was 0.59%, 1.33%, and 1.09%, respectively.

Aon plc’s highest amplitude of average volatility was 2.38% (day), 2.53% (last week), and 2.31% (last month), respectively.

Aon plc’s Stock Yearly Top and Bottom Value

Aon plc’s stock is valued at $291.15 at 08:23 EST, way below its 52-week high of $341.98 and way above its 52-week low of $245.50.

Aon plc’s Moving Average

Aon plc’s value is above its 50-day moving average of $268.97 and under its 200-day moving average of $291.42.

LEAVE A REPLY

Please enter your comment!
Please enter your name here