(VIANEWS) - BlackRock New York Municipal Income Trust (BNY), NewJersey Resources Corporation (NJR), Texas Instruments (TXN) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio so far. 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 distribute them.
When investigating 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. BlackRock New York Municipal Income Trust (BNY)
101.52% Payout Ratio
BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC.
Volume
Today's last reported volume for BlackRock New York Municipal Income Trust is 52916, 16.77% above its average volume of 45315.
As stated by Morningstar, Inc., the next dividend payment is on Aug 12, 2021, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 4.44%.
Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 12.31M 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 3.1%.
Volatility
BlackRock New York Municipal Income Trust's last day, week, and month's current volatility was 0.26%, 0.25%, and 0.36%, respectively.
BlackRock New York Municipal Income Trust's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.12% (day), 0.73% (last week), and 0.87% (last month), respectively.
BlackRock New York Municipal Income Trust's Stock Yearly Top and Bottom Value
BlackRock New York Municipal Income Trust's stock is valued at $15.30 at 14:23 EST, under its 52-week high of $16.50 and way above its 52-week low of $13.25.
BlackRock New York Municipal Income Trust's Moving Average
BlackRock New York Municipal Income Trust's value is above its 50-day moving average of $15.27 and higher than its 200-day moving average of $15.08.2. NewJersey Resources Corporation (NJR)
70.37% Payout Ratio
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services.
Volume
Today's last reported volume for NewJersey Resources Corporation is 441296, 5.53% below its average volume of 467131.
As maintained by Morningstar, Inc., the next dividend payment is on Sep 16, 2021, the estimated forward annual dividend rate is 1.33 and the estimated forward annual dividend yield is 3.58%.
NewJersey Resources Corporation's sales growth this year is anticipated to be 5.7% and 0.3% for next year.
Year-on-year quarterly revenue growth grew by 23%, now sitting on 2.02B for the twelve trailing months.
NewJersey Resources Corporation's sales growth for the next quarter is negative 5.9%. The company's growth estimates for the present quarter and the next is negative 100% and negative -87.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 10.37%.
Volatility
NewJersey Resources Corporation's last day, week, and month's current volatility was 1.34%, 0.88%, and 0.94%, respectively.
NewJersey Resources Corporation's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.85% (day), 1.57% (last week), and 2.06% (last month), respectively.
NewJersey Resources Corporation's Stock Yearly Top and Bottom Value
NewJersey Resources Corporation's stock is valued at $37.19 at 14:23 EST, way under its 52-week high of $44.41 and way above its 52-week low of $25.87.
NewJersey Resources Corporation's Moving Average
NewJersey Resources Corporation's value is below its 50-day moving average of $38.59 and below its 200-day moving average of $40.61.3. Texas Instruments (TXN)
55.23% Payout Ratio
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide.
Volume
Today's last reported volume for Texas Instruments is 2248160, 37.12% below its average volume of 3575340.
As claimed by Morningstar, Inc., the next dividend payment is on Jul 22, 2021, the estimated forward annual dividend rate is 4.08 and the estimated forward annual dividend yield is 2.2%.
Texas Instruments's sales growth this year is anticipated to be 23.9% and 4% for next year.
Year-on-year quarterly revenue growth grew by 41.4%, now sitting on 16.76B for the twelve trailing months.
Texas Instruments's sales growth is 35% for the ongoing quarter and 8.3% for the next. The company's growth estimates for the current quarter and the next is 40.7% and 16.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 71.55%.
Volatility
Texas Instruments's last day, week, and month's current volatility was 1.36%, 0.63%, and 0.67%, respectively.
Texas Instruments's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.46% (day), 1.24% (last week), and 1.51% (last month), respectively.
Texas Instruments's Stock Yearly Top and Bottom Value
Texas Instruments's stock is valued at $191.43 at 14:23 EST, under its 52-week high of $197.58 and way higher than its 52-week low of $134.12.
Texas Instruments's Moving Average
Texas Instruments's worth is above its 50-day moving average of $188.73 and above its 200-day moving average of $185.14.4. The Gabelli Healthcare & Wellness Trust (GRX)
42.03% Payout Ratio
The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC.
Volume
Today's last reported volume for The Gabelli Healthcare & Wellness Trust is 41399, 22.89% above its average volume of 33687.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 14, 2021, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.42%.
Volatility
The Gabelli Healthcare & Wellness Trust's last day, week, and month's current volatility was 0.59%, 0.50%, and 0.42%, respectively.
The Gabelli Healthcare & Wellness Trust's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.96% (day), 0.94% (last week), and 1.06% (last month), respectively.
The Gabelli Healthcare & Wellness Trust's Stock Yearly Top and Bottom Value
The Gabelli Healthcare & Wellness Trust's stock is valued at $13.66 at 14:23 EST, below its 52-week high of $13.73 and way higher than its 52-week low of $9.88.
The Gabelli Healthcare & Wellness Trust's Moving Average
The Gabelli Healthcare & Wellness Trust's value is above its 50-day moving average of $13.46 and higher than its 200-day moving average of $13.03.5. Nuveen Intermediate Duration Municipal Term Fund (NID)
32.31% Payout Ratio
Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC.
Volume
Today's last reported volume for Nuveen Intermediate Duration Municipal Term Fund is 72359, 25.78% above its average volume of 57525.
According to Morningstar, Inc., the next dividend payment is on Aug 11, 2021, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.74%.
Volatility
Nuveen Intermediate Duration Municipal Term Fund's last day, week, and month's current volatility was 0.20%, 0.36%, and 0.33%, respectively.
Nuveen Intermediate Duration Municipal Term Fund's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.88% (day), 0.64% (last week), and 0.62% (last month), respectively.
Nuveen Intermediate Duration Municipal Term Fund's Stock Yearly Top and Bottom Value
Nuveen Intermediate Duration Municipal Term Fund's stock is valued at $14.90 at 14:23 EST, under its 52-week high of $15.00 and way above its 52-week low of $13.10.