(VIANEWS) – New Germany Fund (GF), Avista Corporation (AVA), Mesabi Trust (MSB) 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 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. New Germany Fund (GF)

160.79% Payout Ratio

Deutsche Investment Management Americas Inc. launched the New Germany Fund Inc., a closed-ended equity mutual fund. Deutsche Asset Management International GmbH manages the fund.

Volume

Today’s last reported volume for New Germany Fund is 8200, 56.37% below its average volume of 18798.

As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 1.66 and the estimated forward annual dividend yield is 19.62%.

Year-on-year quarterly revenue growth declined by 11.5%, now sitting on 3.37M 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 3.09%.

Volatility

New Germany Fund’s last day, week, and month’s current intraday variation average was 0.69%, 0.98%, and 1.52%, respectively.

New Germany Fund’s highest amplitude of average volatility was 1.03% (day), 1.50% (last week), and 1.83% (last month), respectively.

New Germany Fund’s Stock Yearly Top and Bottom Value

New Germany Fund’s stock is valued at $8.77 at 14:25 EST, way below its 52-week high of $21.37 and way higher than its 52-week low of $7.64.

New Germany Fund’s Moving Average

New Germany Fund’s value is above its 50-day moving average of $8.76 and way below its 200-day moving average of $12.93.

2. Avista Corporation (AVA)

83.33% Payout Ratio

Avista Corporation is an electric and natural-gas utility company.

Volume

Today’s last reported volume for Avista Corporation is 396803, 9.95% below its average volume of 440667.

According to Morningstar, Inc., the next dividend payment is on May 25, 2022, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 4.18%.

Avista Corporation’s sales growth this year is anticipated to be 2.9% and 6.3% for next year.

Year-on-year quarterly revenue growth grew by 26.9%, now sitting on 1.57B for the twelve trailing months.

Avista Corporation’s sales growth for the next quarter is negative 5.4%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.88%.

Volatility

Avista Corporation’s last day, week, and month’s current intraday variation average was 2.26%, 1.66%, and 1.06%, respectively.

Avista Corporation’s highest amplitude of average volatility was 3.78% (day), 2.81% (last week), and 1.96% (last month), respectively.

Avista Corporation’s Stock Yearly Top and Bottom Value

Avista Corporation’s stock is valued at $42.07 at 14:26 EST, way below its 52-week high of $46.90 and way above its 52-week low of $37.73.

Avista Corporation’s Moving Average

Avista Corporation’s value is below its 50-day moving average of $42.20 and below its 200-day moving average of $42.54.

3. Mesabi Trust (MSB)

76.46% Payout Ratio

Mesabi Trust is a trust that pays royalty to engage in iron ore mining in the United States.

Volume

Today’s last reported volume for Mesabi Trust is 46264, 26.62% below its average volume of 63054.

As claimed by Morningstar, Inc., the next dividend payment is on Jul 27, 2022, the estimated forward annual dividend rate is 5.05 and the estimated forward annual dividend yield is 18.95%.

Year-on-year quarterly revenue growth grew by 51%, now sitting on 76.25M 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 334.49%.

Volatility

Mesabi Trust’s last day, week, and month’s current intraday variation average was 1.58%, 2.20%, and 2.74%, respectively.

Mesabi Trust’s highest amplitude of average volatility was 2.72% (day), 3.76% (last week), and 4.50% (last month), respectively.

Mesabi Trust’s Stock Yearly Top and Bottom Value

Mesabi Trust’s stock is valued at $27.07 at 14:27 EST, way under its 52-week high of $37.36 and way above its 52-week low of $20.02.

Mesabi Trust’s Moving Average

Mesabi Trust’s value is higher than its 50-day moving average of $26.72 and above its 200-day moving average of $26.38.

4. Eagle Bancorp Montana (EBMT)

31.85% Payout Ratio

Eagle Bancorp Montana, Inc. is the bank holding company of Opportunity Bank of Montana. It provides various banking services and products to Montana’s small business and individual customers.

Volume

Today’s last reported volume for Eagle Bancorp Montana is 6230, 19.35% below its average volume of 7725.

According to Morningstar, Inc., the next dividend payment is on Aug 10, 2022, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 2.83%.

Eagle Bancorp Montana’s sales growth this year is expected to be 36.8% and 19.7% for next year.

Year-on-year quarterly revenue growth declined by 0.7%, now sitting on 88.91M for the twelve trailing months.

Eagle Bancorp Montana’s sales growth is 46.2% for the present quarter and 69.9% for the next. The company’s growth estimates for the current quarter and the next is negative 21.9% and 123.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.63%.

Volatility

Eagle Bancorp Montana’s last day, week, and month’s current intraday variation average was 1.30%, 0.75%, and 0.67%, respectively.

Eagle Bancorp Montana’s highest amplitude of average volatility was 1.94% (day), 1.58% (last week), and 1.38% (last month), respectively.

Eagle Bancorp Montana’s Stock Yearly Top and Bottom Value

Eagle Bancorp Montana’s stock is valued at $19.45 at 14:28 EST, way below its 52-week high of $24.74 and above its 52-week low of $18.69.

Eagle Bancorp Montana’s Moving Average

Eagle Bancorp Montana’s worth is below its 50-day moving average of $19.47 and below its 200-day moving average of $21.41.

5. Greif (GEF)

30.85% Payout Ratio

Greif, Inc. manufactures and sells worldwide industrial packaging products.

Volume

Today’s last reported volume for Greif is 41803, 82.01% below its average volume of 232474.

As claimed by Morningstar, Inc., the next dividend payment is on Jun 15, 2022, the estimated forward annual dividend rate is 1.84 and the estimated forward annual dividend yield is 2.61%.

Greif’s sales growth this year is anticipated to be 16.1% and a negative 3.2% for next year.

Year-on-year quarterly revenue growth grew by 24.4%, now sitting on 6.3B for the twelve trailing months.

Greif’s sales growth for the next quarter is 3%. The company’s growth estimates for the current quarter and the next is 3.6% and negative -0.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.46%.

Volatility

Greif’s last day, week, and month’s current intraday variation average was 1.68%, 1.11%, and 1.25%, respectively.

Greif’s highest amplitude of average volatility was 2.43% (day), 1.97% (last week), and 2.28% (last month), respectively.

Greif’s Stock Yearly Top and Bottom Value

Greif’s stock is valued at $69.64 at 14:28 EST, under its 52-week high of $72.00 and way above its 52-week low of $53.65.

Greif’s Moving Average

Greif’s worth is higher than its 50-day moving average of $63.76 and way above its 200-day moving average of $62.09.

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