(VIANEWS) - Mesabi Trust (MSB), New Residential Investment (NRZ), Nuveen Massachusetts Premium Income Municipal Fund (NMT) 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 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. Mesabi Trust (MSB)
76.04% Payout Ratio
Mesabi Trust, a royalty trust, engages in the iron ore mining business in the United States.
Volume
Today's last reported volume for Mesabi Trust is 14893, 55.43% below its average volume of 33420.
As maintained by Morningstar, Inc., the next dividend payment is on Jul 28, 2021, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 5.25%.
Year-on-year quarterly revenue growth grew by 333.5%, now sitting on 33.18M 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 311.97%.
Volatility
Mesabi Trust's last day, week, and month's current volatility was 1.08%, 1.89%, and 1.46%, respectively.
Mesabi Trust's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.29% (day), 3.04% (last week), and 3.23% (last month), respectively.
Mesabi Trust's Stock Yearly Top and Bottom Value
Mesabi Trust's stock is valued at $34.19 at 02:23 EST, way under its 52-week high of $39.61 and way higher than its 52-week low of $19.12.
Mesabi Trust's Moving Average
Mesabi Trust's value is under its 50-day moving average of $34.82 and higher than its 200-day moving average of $33.40.2. New Residential Investment (NRZ)
70.71% Payout Ratio
New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States.
Volume
Today's last reported volume for New Residential Investment is 2933930, 43.99% below its average volume of 5238310.
As maintained by Morningstar, Inc., the next dividend payment is on Jun 30, 2021, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 8.17%.
New Residential Investment's sales growth this year is anticipated to be negative 13.4% and a negative 3.5% for next year.
Year-on-year quarterly revenue growth grew by 39.5%, now sitting on 2.26B for the twelve trailing months.
New Residential Investment's sales growth for the current quarter is 128.3%. The company's growth estimates for the ongoing quarter and the next is negative 8.8% and 6.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.29%.
Volatility
New Residential Investment's last day, week, and month's current volatility was 0.82%, 0.89%, and 1.31%, respectively.
New Residential Investment's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.08% (day), 1.70% (last week), and 2.25% (last month), respectively.
New Residential Investment's Stock Yearly Top and Bottom Value
New Residential Investment's stock is valued at $9.73 at 02:23 EST, way below its 52-week high of $11.48 and way higher than its 52-week low of $7.11.
New Residential Investment's Moving Average
New Residential Investment's worth is below its 50-day moving average of $9.86 and below its 200-day moving average of $10.38.3. Nuveen Massachusetts Premium Income Municipal Fund (NMT)
43.45% Payout Ratio
Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.
Volume
Today's last reported volume for Nuveen Massachusetts Premium Income Municipal Fund is 20813, 163.35% above its average volume of 7903.
As maintained by Morningstar, Inc., the next dividend payment is on Aug 11, 2021, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 3.63%.
Year-on-year quarterly revenue growth declined by 5.3%, now sitting on 7.48M 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 8.41%.
Volatility
Nuveen Massachusetts Premium Income Municipal Fund's last day, week, and month's current volatility was 0.13%, 0.20%, and 0.42%, respectively.
Nuveen Massachusetts Premium Income Municipal Fund's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.46% (day), 1.36% (last week), and 0.85% (last month), respectively.
Nuveen Massachusetts Premium Income Municipal Fund's Stock Yearly Top and Bottom Value
Nuveen Massachusetts Premium Income Municipal Fund's stock is valued at $15.18 at 02:23 EST, under its 52-week high of $15.84 and way above its 52-week low of $13.60.
Nuveen Massachusetts Premium Income Municipal Fund's Moving Average
Nuveen Massachusetts Premium Income Municipal Fund's value is below its 50-day moving average of $15.29 and higher than its 200-day moving average of $14.83.4. Assurant (AIZ)
36.44% Payout Ratio
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific.
Volume
Today's last reported volume for Assurant is 212071, 39.93% below its average volume of 353090.
As claimed by Morningstar, Inc., the next dividend payment is on May 27, 2021, the estimated forward annual dividend rate is 2.64 and the estimated forward annual dividend yield is 1.7%.
Assurant's sales growth this year is anticipated to be negative 2.4% and 6.6% for next year.
Year-on-year quarterly revenue growth declined by 0.7%, now sitting on 10.07B for the twelve trailing months.
Assurant's sales growth for the next quarter is negative 0.7%. The company's growth estimates for the ongoing quarter and the next is negative 12% and 73.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 7.9%.
Volatility
Assurant's last day, week, and month's current volatility was 0.50%, 0.86%, and 0.86%, respectively.
Assurant's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.70% (day), 1.42% (last week), and 1.73% (last month), respectively.
Assurant's Stock Yearly Top and Bottom Value
Assurant's stock is valued at $167.48 at 02:23 EST, under its 52-week high of $168.08 and way above its 52-week low of $116.11.