(VIANEWS) - Coca-Cola (KO), Investors Bancorp (ISBC), Sun Life Financial (SLF) 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 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. Coca-Cola (KO)
98.8% Payout Ratio
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide.
Volume
Today's last reported volume for Coca-Cola is 10391800, 24.47% below its average volume of 13759100.
According to Morningstar, Inc., the next dividend payment is on Jun 13, 2021, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 3.12%.
Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 33.43B 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 34.28%.
Volatility
Coca-Cola's last day, week, and month's current volatility was 0.64%, 0.84%, and 0.53%, respectively.
Coca-Cola's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.84% (day), 1.30% (last week), and 0.97% (last month), respectively.
Coca-Cola's Stock Yearly Top and Bottom Value
Coca-Cola's stock is valued at $56.64 at 20:23 EST, under its 52-week high of $57.56 and way above its 52-week low of $46.97.
Coca-Cola's Moving Average
Coca-Cola's worth is above its 50-day moving average of $56.07 and higher than its 200-day moving average of $53.67.Previous days news about Coca-Cola (KO)
- According to Benzinga on Tuesday, 17 August, "With Apple (NASDAQ: AAPL), Netflix (NASDAQ: NFLX) and Coca-Cola (NYSE: KO) among their clientele, it's apparent the company knows how to drive brand performance through meaningful engagements."
- According to Benzinga on Wednesday, 18 August, "He has a proven ability to lead projects for high-profile brands and has played an integral role in collaborations with the Coca-Cola Company, WB, major video game franchises, and sports leagues. "
- According to Benzinga on Wednesday, 18 August, "Previously, Terrence served as Communications Director for U.S. Senator Reverend Warnock's (Georgia) 2020 senate campaign and is an alum of U.S. Senator Elizabeth Warren's (Massachusetts) 2020 presidential campaign, U.S. Senator Bob Casey's (Pennsylvania) 2018 senate campaign, and The Coca-Cola Company. "
- According to Bloomberg Quint on Friday, 20 August, "The company has been on an acquisition spree recently, agreeing to buy German mineral water company Hansa-Heemann in July and three of Coca-Cola Co.'s U.S. production facilities in August. "
2. Investors Bancorp (ISBC)
46.3% Payout Ratio
Investors Bancorp, Inc. operates as the bank holding company for Investors Bank that provides various banking products and services to individuals and businesses in the United States.
Volume
Today's last reported volume for Investors Bancorp is 2188480, 3.47% below its average volume of 2267160.
As claimed by Morningstar, Inc., the next dividend payment is on May 6, 2021, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.73%.
Investors Bancorp's sales growth this year is expected to be 6.8% and 7.5% for next year.
Year-on-year quarterly revenue growth grew by 30%, now sitting on 793.04M for the twelve trailing months.
Investors Bancorp's sales growth is 8% for the ongoing quarter and 7.3% for the next. The company's growth estimates for the present quarter and the next is 14.8% and 14.3%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.48%.
Volatility
Investors Bancorp's last day, week, and month's current volatility was 2.38%, 1.70%, and 2.14%, respectively.
Investors Bancorp's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.69% (day), 2.34% (last week), and 2.63% (last month), respectively.
Investors Bancorp's Stock Yearly Top and Bottom Value
Investors Bancorp's stock is valued at $13.44 at 20:23 EST, way under its 52-week high of $15.71 and way higher than its 52-week low of $6.74.
Investors Bancorp's Moving Average
Investors Bancorp's worth is under its 50-day moving average of $13.74 and below its 200-day moving average of $14.16.3. Sun Life Financial (SLF)
43.75% Payout Ratio
Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients in the United States, the United Kingdom, Canada, and internationally.
Volume
Today's last reported volume for Sun Life Financial is 2685020, 314.99% above its average volume of 647000.
As claimed by Morningstar, Inc., the next dividend payment is on May 24, 2021, the estimated forward annual dividend rate is 1.82 and the estimated forward annual dividend yield is 3.58%.
Year-on-year quarterly revenue growth declined by 76.6%, now sitting on 38.38B 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 11.94%.
Volatility
Sun Life Financial's last day, week, and month's current volatility was 1.12%, 0.80%, and 0.54%, respectively.
Sun Life Financial's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.92% (day), 0.98% (last week), and 1.11% (last month), respectively.
Sun Life Financial's Stock Yearly Top and Bottom Value
Sun Life Financial's stock is valued at $51.85 at 20:23 EST, under its 52-week high of $55.07 and way above its 52-week low of $38.53.
Sun Life Financial's Moving Average
Sun Life Financial's value is above its 50-day moving average of $51.38 and above its 200-day moving average of $51.06.Previous days news about Sun Life Financial (SLF)
- According to Benzinga on Wednesday, 18 August, "The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc."
4. MainStay DefinedTerm Municipal Opportunities Fund (MMD)
40.96% Payout Ratio
MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC.
Volume
Today's last reported volume for MainStay DefinedTerm Municipal Opportunities Fund is 49335, 42.91% above its average volume of 34520.
According to Morningstar, Inc., the next dividend payment is on Sep 13, 2021, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 4.43%.
Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 37.49M 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 12.15%.
Volatility
MainStay DefinedTerm Municipal Opportunities Fund's last day, week, and month's current volatility was 0.35%, 1.14%, and 0.85%, respectively.
MainStay DefinedTerm Municipal Opportunities Fund's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.09% (day), 1.58% (last week), and 1.21% (last month), respectively.
MainStay DefinedTerm Municipal Opportunities Fund's Stock Yearly Top and Bottom Value
MainStay DefinedTerm Municipal Opportunities Fund's stock is valued at $22.60 at 20:23 EST, under its 52-week high of $24.50 and way higher than its 52-week low of $20.39.
MainStay DefinedTerm Municipal Opportunities Fund's Moving Average
MainStay DefinedTerm Municipal Opportunities Fund's worth is higher than its 50-day moving average of $22.53 and higher than its 200-day moving average of $22.22.5. AZZ Incorporated (AZZ)
31.05% Payout Ratio
AZZ Inc. provides galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and highly engineered services to the power generation, transmission, distribution, refining, and industrial markets.
Volume
Today's last reported volume for AZZ Incorporated is 58806, 57.05% below its average volume of 136931.
According to Morningstar, Inc., the next dividend payment is on Jul 18, 2021, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 1.29%.
AZZ Incorporated's sales growth this year is anticipated to be 8.6% and 5.3% for next year.
Year-on-year quarterly revenue growth grew by 7.8%, now sitting on 855.45M for the twelve trailing months.
The company's growth estimates for the current quarter and the next is 195.2% and 20.4%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 8.86%.
Volatility
AZZ Incorporated's last day, week, and month's current volatility was 1.22%, 0.82%, and 1.03%, respectively.
AZZ Incorporated's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.62% (day), 1.97% (last week), and 2.20% (last month), respectively.
AZZ Incorporated's Stock Yearly Top and Bottom Value
AZZ Incorporated's stock is valued at $52.33 at 20:23 EST, below its 52-week high of $57.85 and way higher than its 52-week low of $32.51.