(VIANEWS) - Western Asset Emerging Markets Income Fund (EMD), Broadridge Financial Solutions (BR), Garmin (GRMN) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio up until 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 issue 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. Western Asset Emerging Markets Income Fund (EMD)
149.36% Payout Ratio
Western Asset Emerging Markets Debt Fund Inc. is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Volume
Today's last reported volume for Western Asset Emerging Markets Income Fund is 49095 which is 70.33% below its average volume of 165468.
As maintained by Morningstar, Inc., the next dividend payment is on Aug 22, 2021, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 7.74%.
Year-on-year quarterly revenue growth declined by 25.3%, now sitting on 74.73M 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 4.99%.
Volatility
Western Asset Emerging Markets Income Fund's last day, week, and month's current volatility was 0.50%, 0.32%, and 0.61%, respectively.
Western Asset Emerging Markets 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 0.29% (day), 0.90% (last week), and 1.13% (last month), respectively.
Western Asset Emerging Markets Income Fund's Stock Yearly Top and Bottom Value
Western Asset Emerging Markets Income Fund's stock is valued at $14.05 at 02:23 EST, under its 52-week high of $14.30 and way above its 52-week low of $11.90.
Western Asset Emerging Markets Income Fund's Moving Average
Western Asset Emerging Markets Income Fund's value is higher than its 50-day moving average of $13.95 and higher than its 200-day moving average of $13.68.2. Broadridge Financial Solutions (BR)
51.48% Payout Ratio
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide.
Volume
Today's last reported volume for Broadridge Financial Solutions is 382014 which is 19.89% below its average volume of 476884.
As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2021, the estimated forward annual dividend rate is 2.3 and the estimated forward annual dividend yield is 1.44%.
Broadridge Financial Solutions's sales growth this year is expected to be 9.1% and 7.7% for next year.
Year-on-year quarterly revenue growth grew by 11.2%, now sitting on 4.82B for the twelve trailing months.
Broadridge Financial Solutions's sales growth for the current quarter is 8.2%. The company's growth estimates for the present quarter and the next is 1.9% and negative -9.2%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 37.02%.
Volatility
Broadridge Financial Solutions's last day, week, and month's current volatility was 0.59%, 0.50%, and 0.79%, respectively.
Broadridge Financial Solutions'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), 1.01% (last week), and 1.23% (last month), respectively.
Broadridge Financial Solutions's Stock Yearly Top and Bottom Value
Broadridge Financial Solutions's stock is valued at $174.99 at 02:23 EST, higher than its 52-week high of $173.87.
Broadridge Financial Solutions's Moving Average
Broadridge Financial Solutions's value is higher than its 50-day moving average of $165.89 and way above its 200-day moving average of $156.18.3. Garmin (GRMN)
44.61% Payout Ratio
Garmin Ltd.
Volume
Today's last reported volume for Garmin is 612197 which is 1.47% above its average volume of 603355.
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2021, the estimated forward annual dividend rate is 2.68 and the estimated forward annual dividend yield is 1.8%.
Garmin's sales growth this year is expected to be 12.4% and 8% for next year.
Year-on-year quarterly revenue growth grew by 25.3%, now sitting on 4.4B for the twelve trailing months.
Garmin's sales growth is 27.7% for the ongoing quarter and 2.9% for the next. The company's growth estimates for the current quarter and the next is 38.5% and negative -15.2%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 19.74%.
Volatility
Garmin's last day, week, and month's current volatility was 0.39%, 1.11%, and 0.90%, respectively.
Garmin'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), 1.86% (last week), and 1.46% (last month), respectively.
Garmin's Stock Yearly Top and Bottom Value
Garmin's stock is valued at $160.98 at 02:23 EST, below its 52-week high of $161.00 and way above its 52-week low of $91.84.
Garmin's Moving Average
Garmin's value is above its 50-day moving average of $147.57 and way above its 200-day moving average of $136.12.Previous days news about Garmin (GRMN)
According to Zacks Investment Research on Tuesday, 3 August, "For instance, Garmin in February landed an agreement with Joby Aviation for tech to help create "scalable air taxi services." GRMN has posted five straight years of revenue growth, including 11% top-line expansion last year and a 12% pop in FY19.", "Along with its more retail-focused products, Garmin sells high-end fish finders, advanced radars and systems for boats and airplanes, and other technology and navigation equipment. "
4. International Bancshares Corporation (IBOC)
38.06% Payout Ratio
International Bancshares Corporation, a multibank financial holding company, provides commercial and retail banking services.
Volume
Today's last reported volume for International Bancshares Corporation is 160031 which is 29.21% below its average volume of 226071.
As maintained by Morningstar, Inc., the next dividend payment is on Feb 3, 2021, the estimated forward annual dividend rate is 1.1 and the estimated forward annual dividend yield is 2.79%.
Year-on-year quarterly revenue growth grew by 4.1%, now sitting on 498.01M 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 8.45%.
Volatility
International Bancshares Corporation's last day, week, and month's current volatility was 0.87%, 1.49%, and 1.92%, respectively.
International Bancshares Corporation's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.54% (day), 2.85% (last week), and 3.01% (last month), respectively.
International Bancshares Corporation's Stock Yearly Top and Bottom Value
International Bancshares Corporation's stock is valued at $39.08 at 02:23 EST, way under its 52-week high of $53.06 and way higher than its 52-week low of $25.21.