(VIANEWS) - Cogent Communications Holdings (CCOI), Marine Petroleum Trust (MARPS), MFS High Income Municipal Trust (CXE) are the highest payout ratio stocks on this list.
We have gathered information about 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 issue 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. Cogent Communications Holdings (CCOI)
639.58% Payout Ratio
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa.
Volume
Today's last reported volume for Cogent Communications Holdings is 592469, 77.96% above its average volume of 332912.
As stated by Morningstar, Inc., the next dividend payment is on Nov 17, 2021, the estimated forward annual dividend rate is 3.32 and the estimated forward annual dividend yield is 4.61%.
Cogent Communications Holdings's sales growth this year is expected to be 4.1% and 4.5% for next year.
Year-on-year quarterly revenue growth grew by 1.8%, now sitting on 570.48M for the twelve trailing months.
Cogent Communications Holdings's sales growth is 3.6% for the ongoing quarter and 3.2% for the next. The company's growth estimates for the current quarter and the next is 250% and negative -43.9%.
Volatility
Cogent Communications Holdings's last day, week, and month's current intraday variation average was 5.80%, 2.42%, and 1.68%, respectively.
Cogent Communications Holdings's highest amplitude of average volatility was 6.72% (day), 4.43% (last week), and 3.16% (last month), respectively.
Cogent Communications Holdings's Stock Yearly Top and Bottom Value
Cogent Communications Holdings's stock is valued at $64.00 at 07:23 EST, way below its 52-week high of $80.50 and way above its 52-week low of $56.80.
Cogent Communications Holdings's Moving Average
Cogent Communications Holdings's worth is under its 50-day moving average of $66.72 and way under its 200-day moving average of $73.09.2. Marine Petroleum Trust (MARPS)
73.65% Payout Ratio
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States.
Volume
Today's last reported volume for Marine Petroleum Trust is 25894, 41.52% below its average volume of 44285.
As stated by Morningstar, Inc., the next dividend payment is on Nov 28, 2021, the estimated forward annual dividend rate is 0.22 and the estimated forward annual dividend yield is 4.93%.
Year-on-year quarterly revenue growth grew by 326.7%, now sitting on 562.37k 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 35.73%.
Volatility
Marine Petroleum Trust's last day, week, and month's current intraday variation average was 2.68%, 4.89%, and 3.45%, respectively.
Marine Petroleum Trust's highest amplitude of average volatility was 9.17% (day), 12.09% (last week), and 9.49% (last month), respectively.
Marine Petroleum Trust's Stock Yearly Top and Bottom Value
Marine Petroleum Trust's stock is valued at $5.03 at 07:23 EST, way under its 52-week high of $8.68 and way higher than its 52-week low of $3.75.
Marine Petroleum Trust's Moving Average
Marine Petroleum Trust's value is higher than its 50-day moving average of $4.58 and above its 200-day moving average of $4.59.3. MFS High Income Municipal Trust (CXE)
60.38% Payout Ratio
MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company.
Volume
Today's last reported volume for MFS High Income Municipal Trust is 96130, 23.69% below its average volume of 125983.
As maintained by Morningstar, Inc., the next dividend payment is on Feb 14, 2022, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 5.15%.
Year-on-year quarterly revenue growth declined by 8%, now sitting on 10.41M 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 7.55%.
Volatility
MFS High Income Municipal Trust's last day, week, and month's current intraday variation average was 2.27%, 1.08%, and 0.84%, respectively.
MFS High Income Municipal Trust's highest amplitude of average volatility was 2.05% (day), 1.97% (last week), and 1.54% (last month), respectively.
MFS High Income Municipal Trust's Stock Yearly Top and Bottom Value
MFS High Income Municipal Trust's stock is valued at $4.40 at 07:23 EST, below its 52-week low of $4.40.
MFS High Income Municipal Trust's Moving Average
MFS High Income Municipal Trust's worth is under its 50-day moving average of $4.71 and way under its 200-day moving average of $5.11.4. Bank Nova Scotia Halifax (BNS)
50.35% Payout Ratio
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.
Volume
Today's last reported volume for Bank Nova Scotia Halifax is 1480940, 21.82% below its average volume of 1894310.
As claimed by Morningstar, Inc., the next dividend payment is on Oct 3, 2021, the estimated forward annual dividend rate is 2.86 and the estimated forward annual dividend yield is 4.64%.
Bank Nova Scotia Halifax's sales growth this year is expected to be 5.4% and 7.9% for next year.
Year-on-year quarterly revenue growth grew by 32.8%, now sitting on 28.28B for the twelve trailing months.
Bank Nova Scotia Halifax's sales growth is 5.5% for the current quarter and 3.9% for the next. The company's growth estimates for the current quarter and the next is 3.1% and 3.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 13.02%.
Volatility
Bank Nova Scotia Halifax's last day, week, and month's current intraday variation average was 0.14%, 0.78%, and 1.56%, respectively.
Bank Nova Scotia Halifax's highest amplitude of average volatility was 2.08% (day), 1.95% (last week), and 2.36% (last month), respectively.
Bank Nova Scotia Halifax's Stock Yearly Top and Bottom Value
Bank Nova Scotia Halifax's stock is valued at $72.01 at 07:23 EST, higher than its 52-week high of $68.02.