(VIANEWS) – Phillips 66 (PSX), Canon (CAJ), Pimco California Municipal Income Fund II (PCK) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio so far. 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 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. Phillips 66 (PSX)
121.89% Payout Ratio
Phillips 66 is an energy logistics and manufacturing company.
Volume
Today’s last reported volume for Phillips 66 is 4225830, 9.29% below its average volume of 4658760.
As claimed by Morningstar, Inc., the next dividend payment is on Feb 17, 2022, the estimated forward annual dividend rate is 3.68 and the estimated forward annual dividend yield is 4.37%.
Phillips 66’s sales growth this year is anticipated to be 66.7% and 4.7% for next year.
Year-on-year quarterly revenue growth grew by 98.9%, now sitting on 111.48B for the twelve trailing months.
Phillips 66’s sales growth is 74.7% for the ongoing quarter and 35.7% for the next. The company’s growth estimates for the current quarter and the next is 245.7% and 210.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.39%.
Volatility
Phillips 66’s last day, week, and month’s current intraday variation average was 0.54%, 2.40%, and 2.17%, respectively.
Phillips 66’s highest amplitude of average volatility was 2.87% (day), 3.27% (last week), and 3.64% (last month), respectively.
Phillips 66’s Stock Yearly Top and Bottom Value
Phillips 66’s stock is valued at $94.11 at 08:23 EST, below its 52-week high of $94.34 and way above its 52-week low of $63.19.
Phillips 66’s Moving Average
Phillips 66’s value is way above its 50-day moving average of $83.27 and way above its 200-day moving average of $77.79.
Previous days news about Phillips 66 (PSX)
- According to Bloomberg Quint on Monday, 2 May, "I think the focus is going to be on operating well and being in the market and able to take advantage of the margins that are available," Jeff Dietert, Phillips 66 vice president of investor relations, said Friday during an earnings call."
2. Canon (CAJ)
49.03% Payout Ratio
Canon Inc. produces and sells office multifunction device (MFDs), plain-paper copying machines and laser/inkjet printers. It also makes and sells cameras, diagnostic equipment and lithography equipment.
Volume
Today’s last reported volume for Canon is 418456, 76.21% above its average volume of 237465.
As stated by Morningstar, Inc., the next dividend payment is on Jun 27, 2021, the estimated forward annual dividend rate is 0.77 and the estimated forward annual dividend yield is 3.23%.
Canon’s sales growth this year is expected to be 10.5% and a negative 1.6% for next year.
Year-on-year quarterly revenue growth grew by 31%, now sitting on 3.43T for the twelve trailing months.
Canon’s sales growth is 18.3% for the present quarter and negative 1.4% for the next. The company’s growth estimates for the ongoing quarter and the next is 157.1% and 4.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.68%.
Volatility
Canon’s last day, week, and month’s current intraday variation average was 2.01%, 1.99%, and 1.32%, respectively.
Canon’s highest amplitude of average volatility was 3.44% (day), 4.02% (last week), and 2.55% (last month), respectively.
Canon’s Stock Yearly Top and Bottom Value
Canon’s stock is valued at $22.84 at 08:23 EST, way below its 52-week high of $25.94 and way above its 52-week low of $18.17.
Canon’s Moving Average
Canon’s worth is below its 50-day moving average of $23.24 and below its 200-day moving average of $23.39.
3. Pimco California Municipal Income Fund II (PCK)
45.18% Payout Ratio
PIMCO California Municipal income Fund II, a closed-ended fixed income mutual fund that was launched by Allianz Global Investors Fund Management LLC.
Volume
Today’s last reported volume for Pimco California Municipal Income Fund II is 97239, 3.13% above its average volume of 94286.
As claimed by Morningstar, Inc., the next dividend payment is on Jan 11, 2022, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 4.04%.
Year-on-year quarterly revenue growth declined by 16.3%, now sitting on 17.94M 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 4.51%.
Volatility
Pimco California Municipal Income Fund II’s last day, week, and month’s current intraday variation average was 0.88%, 0.61%, and 0.85%, respectively.
Pimco California Municipal Income Fund II’s highest amplitude of average volatility was 1.61% (day), 1.88% (last week), and 2.32% (last month), respectively.
Pimco California Municipal Income Fund II’s Stock Yearly Top and Bottom Value
Pimco California Municipal Income Fund II’s stock is valued at $6.84 at 08:23 EST, way below its 52-week high of $9.88 and above its 52-week low of $6.76.
Pimco California Municipal Income Fund II’s Moving Average
Pimco California Municipal Income Fund II’s worth is way below its 50-day moving average of $7.65 and way below its 200-day moving average of $8.99.
4. WesBanco (WSBC)
37.39% Payout Ratio
WesBanco, Inc. is the bank holding firm for WesBanco Bank, Inc., which provides retail banking, corporate lending, brokerage, mortgage banking, and other insurance services.
Volume
Today’s last reported volume for WesBanco is 187782, 30.57% below its average volume of 270473.
As stated by Morningstar, Inc., the next dividend payment is on Mar 9, 2022, the estimated forward annual dividend rate is 1.33 and the estimated forward annual dividend yield is 3.95%.
WesBanco’s sales growth this year is expected to be negative 4.8% and 6% for next year.
Year-on-year quarterly revenue growth grew by 1.3%, now sitting on 654.99M for the twelve trailing months.
WesBanco’s sales growth is negative 12.9% for the current quarter and negative 9% for the next. The company’s growth estimates for the present quarter and the next is negative 40% and negative -37.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.89%.
Volatility
WesBanco’s last day, week, and month’s current intraday variation average was 2.55%, 1.89%, and 1.24%, respectively.
WesBanco’s highest amplitude of average volatility was 3.27% (day), 2.38% (last week), and 2.44% (last month), respectively.
WesBanco’s Stock Yearly Top and Bottom Value
WesBanco’s stock is valued at $33.66 at 08:23 EST, way under its 52-week high of $39.87 and way higher than its 52-week low of $30.21.
WesBanco’s Moving Average
WesBanco’s worth is below its 50-day moving average of $35.06 and under its 200-day moving average of $34.71.