(VIANEWS) – Ares Management L.P. (ARES), Lamar Advertising Company (LAMR), PIMCO California Municipal Income Fund III (PZC) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to 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. Ares Management L.P. (ARES)

109.87% Payout Ratio

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia.

Volume

Today’s last reported volume for Ares Management L.P. is 317991 which is 68.58% below its average volume of 1012050.

As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2021, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 2.9%.

Ares Management L.P.’s sales growth this year is anticipated to be 3.2% and 23.8% for next year.

Year-on-year quarterly revenue growth grew by 4810%, now sitting on 2.41B for the twelve trailing months.

Ares Management L.P.’s sales growth is 23.9% for the current quarter and negative 0.1% for the next. The company’s growth estimates for the present quarter and the next is 30.8% and 18.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 28.18%.

Volatility

Ares Management L.P.’s last day, week, and month’s current volatility was 0.33%, 1.99%, and 1.64%, respectively.

Ares Management 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 1.07% (day), 2.78% (last week), and 2.61% (last month), respectively.

Ares Management L.P.’s Stock Yearly Top and Bottom Value

Ares Management L.P.’s stock is valued at $63.95 at 20:23 EST, under its 52-week high of $65.65 and way above its 52-week low of $38.13.

Ares Management L.P.’s Moving Average

Ares Management L.P.’s worth is above its 50-day moving average of $59.65 and way above its 200-day moving average of $53.58.

2. Lamar Advertising Company (LAMR)

94.14% Payout Ratio

Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 357,500 displays across the United States and Canada.

Volume

Today’s last reported volume for Lamar Advertising Company is 415816 which is 3.14% below its average volume of 429285.

As stated by Morningstar, Inc., the next dividend payment is on Jun 17, 2021, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 2.85%.

Lamar Advertising Company’s sales growth this year is anticipated to be 7.3% and 5.6% for next year.

Year-on-year quarterly revenue growth declined by 8.8%, now sitting on 1.53B for the twelve trailing months.

Lamar Advertising Company’s sales growth is 23.1% for the ongoing quarter and 16.3% for the next. The company’s growth estimates for the ongoing quarter and the next is 177.4% and 51.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.8%.

Volatility

Lamar Advertising Company’s last day, week, and month’s current volatility was 0.72%, 0.77%, and 1.28%, respectively.

Lamar Advertising Company’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.05% (day), 2.00% (last week), and 2.57% (last month), respectively.

Lamar Advertising Company’s Stock Yearly Top and Bottom Value

Lamar Advertising Company’s stock is valued at $104.80 at 20:23 EST, under its 52-week high of $108.75 and way above its 52-week low of $59.78.

Lamar Advertising Company’s Moving Average

Lamar Advertising Company’s value is below its 50-day moving average of $105.15 and higher than its 200-day moving average of $95.43.

3. PIMCO California Municipal Income Fund III (PZC)

81.43% Payout Ratio

PIMCO California Municipal Income Fund III is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC.

Volume

Today’s last reported volume for PIMCO California Municipal Income Fund III is 24143 which is 8.09% below its average volume of 26269.

As claimed by Morningstar, Inc., the next dividend payment is on Jul 8, 2021, the estimated forward annual dividend rate is 0.46 and the estimated forward annual dividend yield is 3.91%.

Year-on-year quarterly revenue growth declined by 8.3%, now sitting on 15.31M 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 4.17%.

Volatility

PIMCO California Municipal Income Fund III’s last day, week, and month’s current volatility was 1.08%, 0.48%, and 0.54%, respectively.

PIMCO California Municipal Income Fund III’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.35% (day), 0.55% (last week), and 0.93% (last month), respectively.

PIMCO California Municipal Income Fund III’s Stock Yearly Top and Bottom Value

PIMCO California Municipal Income Fund III’s stock is valued at $11.59 at 20:23 EST, under its 52-week high of $11.77 and way above its 52-week low of $9.91.

PIMCO California Municipal Income Fund III’s Moving Average

PIMCO California Municipal Income Fund III’s worth is above its 50-day moving average of $11.34 and above its 200-day moving average of $10.78.

4. CenterPoint Energy (CNP)

48.41% Payout Ratio

CenterPoint Energy, Inc. operates as a public utility holding company in the United States.

Volume

Today’s last reported volume for CenterPoint Energy is 3991580 which is 35.82% below its average volume of 6219320.

As claimed by Morningstar, Inc., the next dividend payment is on May 18, 2021, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 2.57%.

CenterPoint Energy’s sales growth this year is expected to be 8.2% and 0.5% for next year.

Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 7.8B for the twelve trailing months.

CenterPoint Energy’s sales growth for the current quarter is 3.7%. The company’s growth estimates for the current quarter and the next is 14.3% and negative -2.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.52%.

Volatility

CenterPoint Energy’s last day, week, and month’s current volatility was 0.68%, 0.66%, and 0.99%, respectively.

CenterPoint Energy’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.41% (day), 1.39% (last week), and 2.07% (last month), respectively.

CenterPoint Energy’s Stock Yearly Top and Bottom Value

CenterPoint Energy’s stock is valued at $24.68 at 20:23 EST, below its 52-week high of $26.18 and way higher than its 52-week low of $18.40.

CenterPoint Energy’s Moving Average

CenterPoint Energy’s worth is under its 50-day moving average of $25.17 and higher than its 200-day moving average of $23.02.

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