(VIANEWS) - PIMCO Municipal Income Fund III (PMX), First Midwest Bancorp (FMBI), BlackRock (BLK) 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 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. PIMCO Municipal Income Fund III (PMX)
95.17% Payout Ratio
PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC.
Volume
Today's last reported volume for PIMCO Municipal Income Fund III is 107050, 137.31% above its average volume of 45109.
According to Morningstar, Inc., the next dividend payment is on Aug 10, 2021, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 4.21%.
Year-on-year quarterly revenue growth declined by 16.2%, now sitting on 26.41M 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 3.98%.
Volatility
PIMCO Municipal Income Fund III's last day, week, and month's current volatility was 1.39%, 0.73%, and 0.52%, respectively.
PIMCO 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 3.04% (day), 1.47% (last week), and 1.08% (last month), respectively.
PIMCO Municipal Income Fund III's Stock Yearly Top and Bottom Value
PIMCO Municipal Income Fund III's stock is valued at $13.10 at 08:23 EST, under its 52-week high of $13.28 and way above its 52-week low of $11.12.
PIMCO Municipal Income Fund III's Moving Average
PIMCO Municipal Income Fund III's value is above its 50-day moving average of $12.94 and higher than its 200-day moving average of $12.48.2. First Midwest Bancorp (FMBI)
53.33% Payout Ratio
First Midwest Bancorp, Inc. operates as the bank holding company for First Midwest Bank that provides various banking products and services.
Volume
Today's last reported volume for First Midwest Bancorp is 477532, 39% below its average volume of 782896.
As stated by Morningstar, Inc., the next dividend payment is on Jun 23, 2021, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 2.77%.
First Midwest Bancorp's sales growth this year is anticipated to be 4.3% and a negative 1% for next year.
Year-on-year quarterly revenue growth grew by 26.1%, now sitting on 659.1M for the twelve trailing months.
First Midwest Bancorp's sales growth for the next quarter is 4.9%. The company's growth estimates for the current quarter and the next is 94.7% and 12.1%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.24%.
Volatility
First Midwest Bancorp's last day, week, and month's current volatility was 2.26%, 1.09%, and 1.56%, respectively.
First Midwest Bancorp's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.77% (day), 3.06% (last week), and 3.10% (last month), respectively.
First Midwest Bancorp's Stock Yearly Top and Bottom Value
First Midwest Bancorp's stock is valued at $17.66 at 08:23 EST, way below its 52-week high of $24.28 and way higher than its 52-week low of $10.38.
First Midwest Bancorp's Moving Average
First Midwest Bancorp's value is under its 50-day moving average of $19.04 and way under its 200-day moving average of $20.22.3. BlackRock (BLK)
43.57% Payout Ratio
BlackRock, Inc. is a publicly owned investment manager.
Volume
Today's last reported volume for BlackRock is 413870, 26.39% below its average volume of 562311.
According to Morningstar, Inc., the next dividend payment is on Jun 2, 2021, the estimated forward annual dividend rate is 16.52 and the estimated forward annual dividend yield is 1.91%.
BlackRock's sales growth this year is anticipated to be 16.4% and 9.6% for next year.
Year-on-year quarterly revenue growth grew by 18.5%, now sitting on 16.89B for the twelve trailing months.
BlackRock's sales growth is 25.9% for the ongoing quarter and 9.6% for the next. The company's growth estimates for the ongoing quarter and the next is 18% and 6.3%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 16.4%.
Volatility
BlackRock's last day, week, and month's current volatility was 0.82%, 0.76%, and 1.34%, respectively.
BlackRock's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.84% (day), 1.40% (last week), and 1.73% (last month), respectively.
BlackRock's Stock Yearly Top and Bottom Value
BlackRock's stock is valued at $896.09 at 08:23 EST, below its 52-week high of $920.31 and way above its 52-week low of $531.39.
BlackRock's Moving Average
BlackRock's value is higher than its 50-day moving average of $875.94 and way above its 200-day moving average of $805.15.Previous days news about BlackRock (BLK)
BlackRock delays office return to October amid variant concerns. According to Bloomberg Quint on Thursday, 5 August, "About 50% of U.S. staff have worked from a BlackRock office in the past 30 days, according to the memo."
According to The Wall Street Journal on Thursday, 5 August, "That is bigger than those of financial giants Goldman Sachs Group Inc. and BlackRock Inc. KKR's stock performance has been even stronger over that period, edging out Blackstone's by a few percentage points. "
According to Business Insider on Wednesday, 4 August, "iShares® is a registered trademark of BlackRock Fund Advisors and its affiliates.", "Without limiting any of the foregoing, in no event shall BlackRock have any liability for any special, punitive, direct, indirect or consequential damages (including lost profits) resulting from the use of the Underlying Data or any data included therein, even if notified of the possibility of such damages."
4. Barnes Group (B)
42.38% Payout Ratio
Barnes Group Inc. provides engineered products, industrial technologies, and innovative solutions in the United States and internationally.
Volume
Today's last reported volume for Barnes Group is 79615, 45.42% below its average volume of 145885.
According to Morningstar, Inc., the next dividend payment is on Aug 24, 2021, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 1.28%.
Barnes Group's sales growth this year is expected to be 11.4% and 8.8% for next year.
Year-on-year quarterly revenue growth grew by 36.4%, now sitting on 1.18B for the twelve trailing months.
Barnes Group's sales growth for the next quarter is 17.4%. The company's growth estimates for the present quarter and the next is 59.3% and 70%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.81%.
Volatility
Barnes Group's last day, week, and month's current volatility was 1.28%, 1.51%, and 1.37%, respectively.
Barnes Group's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.59% (day), 2.67% (last week), and 2.64% (last month), respectively.
Barnes Group's Stock Yearly Top and Bottom Value
Barnes Group's stock is valued at $49.87 at 08:23 EST, way under its 52-week high of $57.64 and way above its 52-week low of $33.59.
Barnes Group's Moving Average
Barnes Group's value is below its 50-day moving average of $50.31 and below its 200-day moving average of $51.65.5. Progress Software Corporation (PRGS)
41.82% Payout Ratio
Progress Software Corporation develops business applications.
Volume
Today's last reported volume for Progress Software Corporation is 188425, 49.99% below its average volume of 376825.
As claimed by Morningstar, Inc., the next dividend payment is on Aug 30, 2021, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.55%.
Progress Software Corporation's sales growth this year is expected to be 16.9% and 1.2% for next year.
Year-on-year quarterly revenue growth grew by 22%, now sitting on 475.85M for the twelve trailing months.
Progress Software Corporation's sales growth for the next quarter is 9.5%. The company's growth estimates for the current quarter and the next is 5.1% and negative -4.4%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 21.02%.
Volatility
Progress Software Corporation's last day, week, and month's current volatility was 0.93%, 1.13%, and 1.17%, respectively.
Progress Software Corporation's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.64% (day), 2.06% (last week), and 2.11% (last month), respectively.
Progress Software Corporation's Stock Yearly Top and Bottom Value
Progress Software Corporation's stock is valued at $45.71 at 08:23 EST, below its 52-week high of $49.23 and way higher than its 52-week low of $34.40.