(VIANEWS) – Blackrock MuniHoldings New Jersey Quality Fund (MUJ), Investors Bancorp (ISBC), Mercantile Bank Corporation (MBWM) are the highest payout ratio stocks on this list.

We have congregated information regarding stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.

When investigating 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. Blackrock MuniHoldings New Jersey Quality Fund (MUJ)

105.82% Payout Ratio

BlackRock MuniHoldings New Jersey Quality Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC.

Volume

Today’s last reported volume for Blackrock MuniHoldings New Jersey Quality Fund is 36871, 11.51% above its average volume of 33065.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 12, 2021, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 4.75%.

Year-on-year quarterly revenue growth declined by 5.5%, now sitting on 30.02M 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 4.1%.

Volatility

Blackrock MuniHoldings New Jersey Quality Fund’s last day, week, and month’s current volatility was 0.06%, 0.24%, and 0.30%, respectively.

Blackrock MuniHoldings New Jersey Quality Fund’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.44% (day), 0.54% (last week), and 0.60% (last month), respectively.

Blackrock MuniHoldings New Jersey Quality Fund’s Stock Yearly Top and Bottom Value

Blackrock MuniHoldings New Jersey Quality Fund’s stock is valued at $15.87 at 08:23 EST, under its 52-week high of $16.08 and way higher than its 52-week low of $13.50.

Blackrock MuniHoldings New Jersey Quality Fund’s Moving Average

Blackrock MuniHoldings New Jersey Quality Fund’s value is higher than its 50-day moving average of $15.76 and higher than its 200-day moving average of $15.41.

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 1039020, 55.03% below its average volume of 2310810.

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 6.5% and 6.6% 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 7.7% for the current quarter and 6.4% for the next. The company’s growth estimates for the current quarter and the next is 14.8% and 10.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.48%.

Volatility

Investors Bancorp’s last day, week, and month’s current volatility was 0.28%, 1.44%, and 1.64%, 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 1.64% (day), 2.18% (last week), and 2.30% (last month), respectively.

Investors Bancorp’s Stock Yearly Top and Bottom Value

Investors Bancorp’s stock is valued at $13.90 at 08:23 EST, way under its 52-week high of $15.71 and way above its 52-week low of $6.74.

Investors Bancorp’s Moving Average

Investors Bancorp’s value is under its 50-day moving average of $13.93 and below its 200-day moving average of $14.32.

3. Mercantile Bank Corporation (MBWM)

32.39% Payout Ratio

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States.

Volume

Today’s last reported volume for Mercantile Bank Corporation is 1868, 95.85% below its average volume of 45114.

As claimed by Morningstar, Inc., the next dividend payment is on Sep 1, 2021, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 3.84%.

Mercantile Bank Corporation’s sales growth this year is expected to be 1.3% and a negative 6.4% for next year.

Year-on-year quarterly revenue growth grew by 42.9%, now sitting on 174.52M for the twelve trailing months.

Mercantile Bank Corporation’s sales growth is 4.8% for the current quarter and negative 11.3% for the next. The company’s growth estimates for the ongoing quarter and the next is 27.3% and 10.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.02%.

Volatility

Mercantile Bank Corporation’s last day, week, and month’s current volatility was 1.92%, 0.84%, and 1.11%, respectively.

Mercantile Bank Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.50% (day), 2.53% (last week), and 2.23% (last month), respectively.

Mercantile Bank Corporation’s Stock Yearly Top and Bottom Value

Mercantile Bank Corporation’s stock is valued at $30.20 at 08:23 EST, way below its 52-week high of $34.47 and way above its 52-week low of $17.09.

Mercantile Bank Corporation’s Moving Average

Mercantile Bank Corporation’s worth is under its 50-day moving average of $31.60 and below its 200-day moving average of $31.62.

4. UGI Corporation (UGI)

31.21% Payout Ratio

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally.

Volume

Today’s last reported volume for UGI Corporation is 497523, 42.13% below its average volume of 859795.

As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2021, the estimated forward annual dividend rate is 1.38 and the estimated forward annual dividend yield is 2.97%.

UGI Corporation’s sales growth this year is anticipated to be 10.1% and 6.1% for next year.

Year-on-year quarterly revenue growth grew by 15.8%, now sitting on 6.84B for the twelve trailing months.

UGI Corporation’s sales growth for the next quarter is 12.4%. The company’s growth estimates for the ongoing quarter and the next is negative 12.5% and negative -64.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.87%.

Volatility

UGI Corporation’s last day, week, and month’s current volatility was 0.58%, 0.61%, and 0.66%, respectively.

UGI Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.22% (day), 1.06% (last week), and 1.40% (last month), respectively.

UGI Corporation’s Stock Yearly Top and Bottom Value

UGI Corporation’s stock is valued at $45.93 at 08:23 EST, below its 52-week high of $48.55 and way higher than its 52-week low of $31.09.

UGI Corporation’s Moving Average

UGI Corporation’s value is under its 50-day moving average of $46.60 and above its 200-day moving average of $44.58.

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