(VIANEWS) – First Trust High Income Long Short Fund (FSD), Apollo Investment Corporation (AINV), BlackRock Credit Allocation Income Trust (BTZ) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio up to now. 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 distribute 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. First Trust High Income Long Short Fund (FSD)
70.32% Payout Ratio
First Trust High Income Short/Long Fund, a closed-end fixed-income mutual fund managed by First Trust Advisors L.P. MacKay Shields LLC co-manages it.
Volume
Today’s last reported volume for First Trust High Income Long Short Fund is 67230, 43.97% below its average volume of 119996.
As maintained by Morningstar, Inc., the next dividend payment is on May 1, 2022, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 10.52%.
Volatility
First Trust High Income Long Short Fund’s last day, week, and month’s current intraday variation average was 0.25%, 0.30%, and 0.97%, respectively.
First Trust High Income Long Short Fund’s highest amplitude of average volatility was 1.34% (day), 1.44% (last week), and 1.51% (last month), respectively.
First Trust High Income Long Short Fund’s Stock Yearly Top and Bottom Value
First Trust High Income Long Short Fund’s stock is valued at $12.01 at 20:23 EST, way below its 52-week high of $16.16 and higher than its 52-week low of $11.85.
First Trust High Income Long Short Fund’s Moving Average
First Trust High Income Long Short Fund’s worth is under its 50-day moving average of $13.01 and way under its 200-day moving average of $14.80.
2. Apollo Investment Corporation (AINV)
66.67% Payout Ratio
Apollo Investment Corporation, a non-diversified, closed-end management investment company, is managed externally and has chosen to be classified as a business developer company (“A”BDCA”) by the Investment Company Act of 1940. This company specializes in private equity investments, including recapitalizations, growth capital refinancing, leveraged buyouts and acquisitions.
Volume
Today’s last reported volume for Apollo Investment Corporation is 303142, 13.2% below its average volume of 349260.
As maintained by Morningstar, Inc., the next dividend payment is on Mar 17, 2022, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 9.98%.
Apollo Investment Corporation’s sales growth this year is expected to be negative 2.1% and 3.4% for next year.
Year-on-year quarterly revenue growth grew by 1.1%, now sitting on 209.24M for the twelve trailing months.
Apollo Investment Corporation’s sales growth is 6.2% for the ongoing quarter and 4.7% for the next. The company’s growth estimates for the current quarter and the next is negative 12.8% and negative -10.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.81%.
Volatility
Apollo Investment Corporation’s last day, week, and month’s current intraday variation average was 2.58%, 1.45%, and 1.02%, respectively.
Apollo Investment Corporation’s highest amplitude of average volatility was 2.74% (day), 2.65% (last week), and 1.94% (last month), respectively.
Apollo Investment Corporation’s Stock Yearly Top and Bottom Value
Apollo Investment Corporation’s stock is valued at $12.74 at 20:23 EST, way under its 52-week high of $15.27 and higher than its 52-week low of $11.75.
Apollo Investment Corporation’s Moving Average
Apollo Investment Corporation’s value is under its 50-day moving average of $13.20 and under its 200-day moving average of $13.29.
3. BlackRock Credit Allocation Income Trust (BTZ)
47.05% Payout Ratio
BlackRock Credit Allocation Income Trust, a closed-ended balanced mutual fund, was launched in 2008 by BlackRock, Inc. BlackRock Advisors, LLC, and BlackRock (Singapore Limited co-manage the fund.
Volume
Today’s last reported volume for BlackRock Credit Allocation Income Trust is 184376, 43.32% below its average volume of 325323.
As stated by Morningstar, Inc., the next dividend payment is on Feb 13, 2022, the estimated forward annual dividend rate is 1.01 and the estimated forward annual dividend yield is 7.85%.
Year-on-year quarterly revenue growth declined by 4%, now sitting on 96.41M for the twelve trailing months.
Volatility
BlackRock Credit Allocation Income Trust’s last day, week, and month’s current intraday variation average was 0.90%, 0.48%, and 0.82%, respectively.
BlackRock Credit Allocation Income Trust’s highest amplitude of average volatility was 1.00% (day), 1.37% (last week), and 1.36% (last month), respectively.
BlackRock Credit Allocation Income Trust’s Stock Yearly Top and Bottom Value
BlackRock Credit Allocation Income Trust’s stock is valued at $11.07 at 20:23 EST, way below its 52-week high of $15.95 and above its 52-week low of $11.05.
BlackRock Credit Allocation Income Trust’s Moving Average
BlackRock Credit Allocation Income Trust’s value is under its 50-day moving average of $12.05 and way below its 200-day moving average of $14.10.
4. Cohen & Steers Closed (FOF)
43.32% Payout Ratio
Cohen & Steers Closed End Opportunity Fund, Inc., is a fund that was launched by Cohen & Steers Inc. Cohen & Steers Capital Management, Inc. manages it. It invests in equity market funds.
Volume
Today’s last reported volume for Cohen & Steers Closed is 95084, 3.59% above its average volume of 91781.
As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2022, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 9.59%.
Volatility
Cohen & Steers Closed’s last day, week, and month’s current intraday variation average was 2.39%, 2.00%, and 1.40%, respectively.
Cohen & Steers Closed’s highest amplitude of average volatility was 2.27% (day), 3.01% (last week), and 2.32% (last month), respectively.
Cohen & Steers Closed’s Stock Yearly Top and Bottom Value
Cohen & Steers Closed’s stock is valued at $11.25 at 20:23 EST, way under its 52-week high of $15.78 and higher than its 52-week low of $10.46.
Cohen & Steers Closed’s Moving Average
Cohen & Steers Closed’s value is under its 50-day moving average of $12.17 and way below its 200-day moving average of $13.62.
