(VIANEWS) – Cementos Pacasmayo S.A.A. (CPAC), Watsco (WSO), Nuveen New York Dividend Advantage Municipal Fund (NAN) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio at the moment. 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. Cementos Pacasmayo S.A.A. (CPAC)

283.66% Payout Ratio

Cementos Pacasmayo S.A.A., a cement company, produces, distributes, and sells cement and cement-related materials in Peru.

Volume

Today’s last reported volume for Cementos Pacasmayo S.A.A. is 4327, 76.28% below its average volume of 18247.

As maintained by Morningstar, Inc., the next dividend payment is on Jun 20, 2021, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 16.32%.

Cementos Pacasmayo S.A.A.’s sales growth this year is anticipated to be 10.1% and 3.9% for next year.

Year-on-year quarterly revenue growth grew by 24.5%, now sitting on 1.89B for the twelve trailing months.

Cementos Pacasmayo S.A.A.’s sales growth for the current quarter is 236.2%. The company’s growth estimates for the present quarter and the next is 125% and negative -53.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.58%.

Volatility

Cementos Pacasmayo S.A.A.’s last day, week, and month’s current intraday variation average was 1.15%, 1.07%, and 2.03%, respectively.

Cementos Pacasmayo S.A.A.’s highest amplitude of average volatility was 1.30% (day), 3.41% (last week), and 3.75% (last month), respectively.

Cementos Pacasmayo S.A.A.’s Stock Yearly Top and Bottom Value

Cementos Pacasmayo S.A.A.’s stock is valued at $5.88 at 13:23 EST, way under its 52-week high of $9.02 and way higher than its 52-week low of $5.11.

Cementos Pacasmayo S.A.A.’s Moving Average

Cementos Pacasmayo S.A.A.’s value is below its 50-day moving average of $6.20 and under its 200-day moving average of $6.50.

2. Watsco (WSO)

74.95% Payout Ratio

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico.

Volume

Today’s last reported volume for Watsco is 23618, 80.73% below its average volume of 122598.

According to Morningstar, Inc., the next dividend payment is on Oct 13, 2021, the estimated forward annual dividend rate is 7.8 and the estimated forward annual dividend yield is 2.49%.

Watsco’s sales growth this year is expected to be 21.2% and 4.9% for next year.

Year-on-year quarterly revenue growth grew by 16%, now sitting on 5.92B for the twelve trailing months.

Watsco’s sales growth for the current quarter is 16.4%. The company’s growth estimates for the ongoing quarter and the next is 46.5% and 5.8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.99%.

Volatility

Watsco’s last day, week, and month’s current intraday variation average was 2.75%, 1.37%, and 1.27%, respectively.

Watsco’s highest amplitude of average volatility was 4.36% (day), 2.30% (last week), and 2.23% (last month), respectively.

Watsco’s Stock Yearly Top and Bottom Value

Watsco’s stock is valued at $310.30 at 13:23 EST, under its 52-week high of $318.98 and way higher than its 52-week low of $224.25.

Watsco’s Moving Average

Watsco’s worth is above its 50-day moving average of $301.64 and higher than its 200-day moving average of $286.53.

3. Nuveen New York Dividend Advantage Municipal Fund (NAN)

59.43% Payout Ratio

Nuveen New York Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.

Volume

Today’s last reported volume for Nuveen New York Dividend Advantage Municipal Fund is 32351, 3.13% above its average volume of 31369.

As maintained by Morningstar, Inc., the next dividend payment is on Dec 13, 2021, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 3.94%.

Year-on-year quarterly revenue growth declined by 11.8%, now sitting on 26.4M 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 6.7%.

Volatility

Nuveen New York Dividend Advantage Municipal Fund’s last day, week, and month’s current intraday variation average was 0.74%, 0.37%, and 0.55%, respectively.

Nuveen New York Dividend Advantage Municipal Fund’s highest amplitude of average volatility was 1.77% (day), 0.76% (last week), and 0.94% (last month), respectively.

Nuveen New York Dividend Advantage Municipal Fund’s Stock Yearly Top and Bottom Value

Nuveen New York Dividend Advantage Municipal Fund’s stock is valued at $14.79 at 13:23 EST, below its 52-week high of $15.69 and higher than its 52-week low of $13.77.

Nuveen New York Dividend Advantage Municipal Fund’s Moving Average

Nuveen New York Dividend Advantage Municipal Fund’s worth is higher than its 50-day moving average of $14.54 and above its 200-day moving average of $14.74.

4. Chesapeake Utilities Corporation (CPK)

40% Payout Ratio

Chesapeake Utilities Corporation operates as an energy delivery company.

Volume

Today’s last reported volume for Chesapeake Utilities Corporation is 9766, 80.75% below its average volume of 50744.

As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2021, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 1.63%.

Chesapeake Utilities Corporation’s sales growth this year is expected to be 13.1% and 7.5% for next year.

Year-on-year quarterly revenue growth grew by 25.2%, now sitting on 526.7M for the twelve trailing months.

Chesapeake Utilities Corporation’s sales growth for the next quarter is 26.2%. The company’s growth estimates for the current quarter and the next is 5.4% and 9.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.61%.

Volatility

Chesapeake Utilities Corporation’s last day, week, and month’s current intraday variation average was 0.52%, 0.65%, and 0.95%, respectively.

Chesapeake Utilities Corporation’s highest amplitude of average volatility was 1.80% (day), 1.47% (last week), and 2.21% (last month), respectively.

Chesapeake Utilities Corporation’s Stock Yearly Top and Bottom Value

Chesapeake Utilities Corporation’s stock is valued at $141.55 at 13:23 EST, below its 52-week high of $145.05 and way higher than its 52-week low of $99.64.

Chesapeake Utilities Corporation’s Moving Average

Chesapeake Utilities Corporation’s worth is higher than its 50-day moving average of $134.26 and way higher than its 200-day moving average of $125.07.

5. Tredegar Corporation (TG)

37.5% Payout Ratio

Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, PE Films, and polyester films in the United States and internationally.

Volume

Today’s last reported volume for Tredegar Corporation is 128017, 22.99% below its average volume of 166236.

As claimed by Morningstar, Inc., the next dividend payment is on Dec 15, 2021, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 4.06%.

Year-on-year quarterly revenue growth grew by 13.6%, now sitting on 797.99M 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 19.77%.

Volatility

Tredegar Corporation’s last day, week, and month’s current intraday variation average was 1.95%, 0.76%, and 1.75%, respectively.

Tredegar Corporation’s highest amplitude of average volatility was 3.02% (day), 2.34% (last week), and 3.48% (last month), respectively.

Tredegar Corporation’s Stock Yearly Top and Bottom Value

Tredegar Corporation’s stock is valued at $12.05 at 13:23 EST, way below its 52-week high of $18.39 and way above its 52-week low of $10.59.

Tredegar Corporation’s Moving Average

Tredegar Corporation’s value is above its 50-day moving average of $11.88 and below its 200-day moving average of $13.38.

6. Lakeland Financial Corporation (LKFN)

35.11% Payout Ratio

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services.

Volume

Today’s last reported volume for Lakeland Financial Corporation is 127732, 11.13% below its average volume of 143742.

As stated by Morningstar, Inc., the next dividend payment is on Oct 21, 2021, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 1.83%.

Lakeland Financial Corporation’s sales growth this year is anticipated to be 7.8% and a negative 0.7% for next year.

Year-on-year quarterly revenue growth grew by 8.3%, now sitting on 220.89M for the twelve trailing months.

Lakeland Financial Corporation’s sales growth is 6.5% for the present quarter and 1.9% for the next. The company’s growth estimates for the present quarter and the next is 4.5% and negative -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 14.55%.

Volatility

Lakeland Financial Corporation’s last day, week, and month’s current intraday variation average was 1.34%, 1.65%, and 1.30%, respectively.

Lakeland Financial Corporation’s highest amplitude of average volatility was 2.05% (day), 3.45% (last week), and 3.00% (last month), respectively.

Lakeland Financial Corporation’s Stock Yearly Top and Bottom Value

Lakeland Financial Corporation’s stock is valued at $75.86 at 13:23 EST, under its 52-week high of $79.67 and way higher than its 52-week low of $51.07.

Lakeland Financial Corporation’s Moving Average

Lakeland Financial Corporation’s value is above its 50-day moving average of $74.00 and way higher than its 200-day moving average of $67.80.

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