(VIANEWS) - Broadcom (AVGO), Kingstone Companies (KINS), The York Water Company (YORW) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio as yet. 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 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. Broadcom (AVGO)
104.07% Payout Ratio
Broadcom Inc. designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.
Volume
Today's last reported volume for Broadcom is 1269410, 21.75% below its average volume of 1622290.
According to Morningstar, Inc., the next dividend payment is on Sep 20, 2021, the estimated forward annual dividend rate is 14.4 and the estimated forward annual dividend yield is 2.82%.
Broadcom's sales growth this year is expected to be 14.7% and 7% for next year.
Year-on-year quarterly revenue growth grew by 16.4%, now sitting on 26.51B for the twelve trailing months.
Broadcom's sales growth for the current quarter is 13.8%. The company's growth estimates for the current quarter and the next is 21.9% and 14.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 25.32%.
Volatility
Broadcom's last day, week, and month's current intraday variation average was 0.45%, 0.99%, and 1.02%, respectively.
Broadcom's highest amplitude of average volatility was 1.40% (day), 1.70% (last week), and 1.67% (last month), respectively.
Broadcom's Stock Yearly Top and Bottom Value
Broadcom's stock is valued at $568.77 at 01:23 EST, above its 52-week high of $563.89.
Broadcom's Moving Average
Broadcom's worth is way above its 50-day moving average of $512.26 and way higher than its 200-day moving average of $483.36.Previous days news about Broadcom (AVGO)
- According to CNBC on Sunday, 14 November, "Meeks lists Broadcom and Microchip Technology as examples of companies that successfully adapted their order processes prior to the depths of Covid-19.", "Disclosure: Meeks owns Apple, Microsoft, Alphabet, Meta Platforms, Amazon, Broadcom Technology, Microchip, Taiwan Semiconductor, Applied Materials."
- According to Bloomberg Quint on Tuesday, 16 November, "Other customers, including Broadcom Inc., MediaTek Inc. and Marvell Technology Group Ltd., have been supportive of the transaction."
2. Kingstone Companies (KINS)
61.54% Payout Ratio
Kingstone Companies, Inc., through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products to individuals in New York.
Volume
Today's last reported volume for Kingstone Companies is 1573, 90.41% below its average volume of 16403.
As stated by Morningstar, Inc., the next dividend payment is on Aug 29, 2021, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 2.35%.
Kingstone Companies's sales growth this year is anticipated to be 13.6% and 6.4% for next year.
Year-on-year quarterly revenue growth grew by 14.2%, now sitting on 149.53M for the twelve trailing months.
Kingstone Companies's sales growth is 42.4% for the current quarter and negative 17.8% for the next. The company's growth estimates for the present quarter and the next is 211.1% and negative -20%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 3.14%.
Volatility
Kingstone Companies's last day, week, and month's current intraday variation average was 1.25%, 1.87%, and 2.06%, respectively.
Kingstone Companies's highest amplitude of average volatility was 1.59% (day), 4.97% (last week), and 3.97% (last month), respectively.
Kingstone Companies's Stock Yearly Top and Bottom Value
Kingstone Companies's stock is valued at $5.59 at 01:23 EST, way under its 52-week high of $8.98 and way higher than its 52-week low of $5.04.
Kingstone Companies's Moving Average
Kingstone Companies's value is under its 50-day moving average of $6.17 and way under its 200-day moving average of $7.33.3. The York Water Company (YORW)
59.02% Payout Ratio
The York Water Company impounds, purifies, and distributes drinking water.
Volume
Today's last reported volume for The York Water Company is 15260, 63.52% below its average volume of 41832.
According to Morningstar, Inc., the next dividend payment is on Sep 28, 2021, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 1.52%.
The York Water Company's sales growth this year is anticipated to be 2% and 2.1% for next year.
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 54.78M for the twelve trailing months.
The York Water Company's sales growth is 4.5% for the ongoing quarter and 7% for the next. The company's growth estimates for the next quarter is 7.1%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.43%.
Volatility
The York Water Company's last day, week, and month's current intraday variation average was 0.26%, 1.11%, and 0.92%, respectively.
The York Water Company's highest amplitude of average volatility was 2.35% (day), 2.67% (last week), and 2.29% (last month), respectively.
The York Water Company's Stock Yearly Top and Bottom Value
The York Water Company's stock is valued at $48.93 at 01:23 EST, below its 52-week high of $53.77 and way higher than its 52-week low of $40.70.
The York Water Company's Moving Average
The York Water Company's worth is higher than its 50-day moving average of $46.72 and above its 200-day moving average of $48.27.4. Formula Systems (FORTY)
37.55% Payout Ratio
Formula Systems (1985) Ltd., through its subsidiaries, provides software, proprietary and non-proprietary software, and software product marketing and support services in Israel and internationally.
Volume
Today's last reported volume for Formula Systems is 423, 92.11% below its average volume of 5367.
As maintained by Morningstar, Inc., the next dividend payment is on Feb 16, 2021, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 1.5%.
Year-on-year quarterly revenue growth grew by 22.8%, now sitting on 2.04B 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 12.11%.
Volatility
Formula Systems's last day, week, and month's current intraday variation average was 1.41%, 1.89%, and 1.64%, respectively.
Formula Systems's highest amplitude of average volatility was 2.95% (day), 7.31% (last week), and 3.84% (last month), respectively.
Formula Systems's Stock Yearly Top and Bottom Value
Formula Systems's stock is valued at $119.90 at 01:23 EST, way below its 52-week high of $142.00 and way above its 52-week low of $75.30.