Covanta Holding Corporation (CVA), Ares Dynamic Credit Allocation Fund (ARDC), Ares Capital (ARCC) are the highest payout ratio stocks on this list.

We have collected information about stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.

1. Covanta Holding Corporation (CVA)

800% Payout Ratio

Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and Canada.

According to Morningstar, Inc., the next dividend payment is on Mar 23, 2021, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 2.14%.

Covanta Holding Corporation’s sales growth this year is anticipated to be 6.3% and 1% for next year.

Year-on-year quarterly revenue growth grew by 6.4%, now sitting on 1.93B for the twelve trailing months.

Covanta Holding Corporation’s sales growth is 10% for the present quarter and 4.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 110% and 275%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.02%.

Volatility

Covanta Holding Corporation’s last day, week, and month’s current volatility was 1.47%, 1.87%, and 1.50%, respectively.

Covanta Holding Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.40% (day), 2.27% (last week), and 2.46% (last month), respectively.

Covanta Holding Corporation’s Stock Yearly Top and Bottom Value

Covanta Holding Corporation’s stock is valued at $15.14 at 23:23 EST, under its 52-week high of $15.60 and way higher than its 52-week low of $7.44.

Covanta Holding Corporation’s Moving Average

Covanta Holding Corporation’s value is above its 50-day moving average of $14.15 and way above its 200-day moving average of $13.48.

2. Ares Dynamic Credit Allocation Fund (ARDC)

363.64% Payout Ratio

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC.

According to Morningstar, Inc., the next dividend payment is on Apr 15, 2021, the estimated forward annual dividend rate is 1.17 and the estimated forward annual dividend yield is 7.63%.

Volatility

Ares Dynamic Credit Allocation Fund’s last day, week, and month’s current volatility was 0.72%, 0.55%, and 0.31%, respectively.

Ares Dynamic Credit Allocation Fund’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.52% (day), 0.79% (last week), and 0.68% (last month), respectively.

Ares Dynamic Credit Allocation Fund’s Stock Yearly Top and Bottom Value

Ares Dynamic Credit Allocation Fund’s stock is valued at $15.49 at 23:23 EST, below its 52-week high of $15.61 and way above its 52-week low of $10.10.

Ares Dynamic Credit Allocation Fund’s Moving Average

Ares Dynamic Credit Allocation Fund’s worth is higher than its 50-day moving average of $14.97 and way above its 200-day moving average of $13.95.

3. Ares Capital (ARCC)

46.65% Payout Ratio

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies.

According to Morningstar, Inc., the next dividend payment is on Jun 13, 2021, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 8.42%.

Year-on-year quarterly revenue growth grew by 5.7%, now sitting on 1.53B 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 20.67%.

Volatility

Ares Capital’s last day, week, and month’s current volatility was 2.57%, 1.73%, and 0.96%, respectively.

Ares Capital’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.29% (day), 2.30% (last week), and 1.58% (last month), respectively.

Ares Capital’s Stock Yearly Top and Bottom Value

Ares Capital’s stock is valued at $18.91 at 23:23 EST, under its 52-week high of $19.26 and way higher than its 52-week low of $10.51.

Ares Capital’s Moving Average

Ares Capital’s value is higher than its 50-day moving average of $18.49 and way higher than its 200-day moving average of $16.53.

4. Lazard Global Total Return and Income Fund (LGI)

46.27% Payout Ratio

Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC.

As claimed by Morningstar, Inc., the next dividend payment is on May 6, 2021, the estimated forward annual dividend rate is 1.38 and the estimated forward annual dividend yield is 6.84%.

Year-on-year quarterly revenue growth grew by 0.1%, now sitting on 5.46M 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 14.61%.

Volatility

Lazard Global Total Return and Income Fund’s last day, week, and month’s current volatility was 1.41%, 1.05%, and 0.70%, respectively.

Lazard Global Total Return and Income Fund’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.00% (day), 2.35% (last week), and 1.70% (last month), respectively.

Lazard Global Total Return and Income Fund’s Stock Yearly Top and Bottom Value

Lazard Global Total Return and Income Fund’s stock is valued at $20.19 at 23:23 EST, below its 52-week high of $20.66 and way higher than its 52-week low of $12.96.

Lazard Global Total Return and Income Fund’s Moving Average

Lazard Global Total Return and Income Fund’s value is above its 50-day moving average of $19.92 and way above its 200-day moving average of $18.35.

5. Blackrock Core Bond Trust Blackrock Core Bond Trust (BHK)

42.1% Payout Ratio

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC.

According to Morningstar, Inc., the next dividend payment is on May 12, 2021, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 5.7%.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.27%.

Volatility

Blackrock Core Bond Trust Blackrock Core Bond Trust’s last day, week, and month’s current volatility was 0.06%, 0.29%, and 0.44%, respectively.

Blackrock Core Bond Trust Blackrock Core Bond Trust’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.89% (day), 1.18% (last week), and 1.11% (last month), respectively.

Blackrock Core Bond Trust Blackrock Core Bond Trust’s Stock Yearly Top and Bottom Value

Blackrock Core Bond Trust Blackrock Core Bond Trust’s stock is valued at $15.70 at 23:23 EST, under its 52-week high of $16.59 and above its 52-week low of $14.53.

Blackrock Core Bond Trust Blackrock Core Bond Trust’s Moving Average

Blackrock Core Bond Trust Blackrock Core Bond Trust’s value is under its 50-day moving average of $15.76 and under its 200-day moving average of $15.87.

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