(VIANEWS) – New Germany Fund (GF), MPLX LP (MPLX), Nuveen Floating Rate Income Fund (JFR) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio up until now. 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 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. New Germany Fund (GF)

160.79% Payout Ratio

Deutsche Investment Management Americas Inc. launched the New Germany Fund Inc., a closed-ended equity mutual fund. Deutsche Asset Management International GmbH manages the fund. The fund invests on the German public equity markets. It invests in stock of companies that operate across diverse sectors. The fund invests primarily in stocks of mid- and small cap companies. It benchmarks its portfolio’s performance against the Midcap Market Performance Index. The New Germany Fund Inc. was established on January 16, 1990. It is based in Germany.

Volume

Today’s last reported volume for New Germany Fund is 8677, 60.37% below its average volume of 21898.

As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 1.66 and the estimated forward annual dividend yield is 19.62%.

Year-on-year quarterly revenue growth declined by 11.5%, now sitting on 3.37M 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 3.09%.

Volatility

New Germany Fund’s last day, week, and month’s current intraday variation average was 3.12%, 1.88%, and 1.40%, respectively.

New Germany Fund’s highest amplitude of average volatility was 1.01% (day), 2.32% (last week), and 1.71% (last month), respectively.

New Germany Fund’s Stock Yearly Top and Bottom Value

New Germany Fund’s stock is valued at $7.93 at 20:23 EST, way below its 52-week high of $21.37 and higher than its 52-week low of $7.61.

New Germany Fund’s Moving Average

New Germany Fund’s value is below its 50-day moving average of $8.25 and way under its 200-day moving average of $11.57.

2. MPLX LP (MPLX)

94.09% Payout Ratio

MPLX LP is a midstream infrastructure operator and logistics asset owner primarily in the United States. The company operates in two areas: Logistics and Storage and Gathering and Processing. It is engaged in gathering, transport, fractionation and exchange of natural gases; as well as gathering, storage and transportation of refined oil. The company also operates inland marine operations, which include transportation of light, heavy, crude oil and renewable fuels. It owns and manages boats, barges and marine repair facilities located along the Ohio River. The company also operates terminals for receiving, storage, addingitization, handling and redelivery refined petroleum products via rail, sea, and over-the road modes. MPLX GP LLC is the general partner for MPLX LP. It was founded in 2012, and has its headquarters in Findlay in Ohio. MPLX LP is a Marathon Petroleum Corporation subsidiary.

Volume

Today’s last reported volume for MPLX LP is 608266, 60.26% below its average volume of 1530740.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 3, 2022, the estimated forward annual dividend rate is 2.82 and the estimated forward annual dividend yield is 8.67%.

MPLX LP’s sales growth this year is anticipated to be 3.8% and a negative 1.5% for next year.

Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 9.95B for the twelve trailing months.

MPLX LP’s sales growth for the current quarter is 8.2%. The company’s growth estimates for the present quarter and the next is 22.7% and 12.2%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.84%.

Volatility

MPLX LP’s last day, week, and month’s current intraday variation average was 0.09%, 0.73%, and 0.86%, respectively.

MPLX LP’s highest amplitude of average volatility was 2.46% (day), 2.06% (last week), and 1.91% (last month), respectively.

MPLX LP’s Stock Yearly Top and Bottom Value

MPLX LP’s stock is valued at $32.42 at 20:23 EST, under its 52-week high of $35.49 and way higher than its 52-week low of $27.43.

MPLX LP’s Moving Average

MPLX LP’s worth is above its 50-day moving average of $31.83 and above its 200-day moving average of $31.66.

3. Nuveen Floating Rate Income Fund (JFR)

80.93% Payout Ratio

Nuveen Floating Rate Income Fund, a closed-ended fixed income mutual fund, was launched in 2011 by Nuveen Investments, Inc. The fund is managed by Symphony Asset Management LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of America. The fund invests mainly in senior loans at adjustable rates, both secured and unsecure. Nuveen Floating Rate Income Fund, which was established March 24, 2004, is based in the United States.

Volume

Today’s last reported volume for Nuveen Floating Rate Income Fund is 8388, 94.55% below its average volume of 153932.

As stated by Morningstar, Inc., the next dividend payment is on May 11, 2022, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 7.87%.

Year-on-year quarterly revenue growth declined by 4.6%, now sitting on 42.4M 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 8.37%.

Volatility

Nuveen Floating Rate Income Fund’s last day, week, and month’s current intraday variation average was 0.93%, 0.74%, and 0.72%, respectively.

Nuveen Floating Rate Income Fund’s highest amplitude of average volatility was 1.28% (day), 1.21% (last week), and 1.32% (last month), respectively.

Nuveen Floating Rate Income Fund’s Stock Yearly Top and Bottom Value

Nuveen Floating Rate Income Fund’s stock is valued at $8.71 at 20:23 EST, way below its 52-week high of $10.65 and above its 52-week low of $8.16.

Nuveen Floating Rate Income Fund’s Moving Average

Nuveen Floating Rate Income Fund’s value is higher than its 50-day moving average of $8.70 and below its 200-day moving average of $9.43.

4. Consolidated Edison (ED)

71.94% Payout Ratio

Consolidated Edison, Inc., via its subsidiaries, is involved in the regulation of electric, gas, steam delivery business in the United States. The company offers electric service to approximately 3 million people in New York City, Westchester County, and parts of Queens. It also provides gas services to about 1.1 million Manhattan and Westchester County customers. Steam is available to around 1,555 Manhattan customers. It also provides electricity to about 0.3 million customers in New York’s southeastern New York, and parts of New Jersey. The company also offers gas to about 0.1 million customers in the southeastern New York. It also operates 533 miles of transmission line; 15 substations, 64 distribution substations, 87.564 in-service transformers, 3,924 poles of overhead distribution lines and 2,291 mile of underground lines. There are also 4,350 miles and 377.971 lines that serve natural gas distribution. The company also owns and operates energy infrastructure projects and offers energy-related products to retail and wholesale customers. It also invests in gas and electric transmission projects. The company sells electricity predominantly to residential, industrial, commercial and government customers. It was established in New York in 1823.

Volume

Today’s last reported volume for Consolidated Edison is 542037, 64.53% below its average volume of 1528570.

As stated by Morningstar, Inc., the next dividend payment is on Aug 15, 2022, the estimated forward annual dividend rate is 3.16 and the estimated forward annual dividend yield is 3.18%.

Consolidated Edison’s sales growth this year is anticipated to be 3.3% and 3.7% for next year.

Year-on-year quarterly revenue growth grew by 10.4%, now sitting on 14.06B for the twelve trailing months.

Consolidated Edison’s sales growth is 4.8% for the current quarter and 3% for the next. The company’s growth estimates for the ongoing quarter and the next is 11.3% and 6.4%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.65%.

Volatility

Consolidated Edison’s last day, week, and month’s current intraday variation average was 1.09%, 1.01%, and 1.39%, respectively.

Consolidated Edison’s highest amplitude of average volatility was 1.93% (day), 1.67% (last week), and 2.00% (last month), respectively.

Consolidated Edison’s Stock Yearly Top and Bottom Value

Consolidated Edison’s stock is valued at $97.34 at 20:23 EST, under its 52-week high of $102.21 and way above its 52-week low of $71.52.

Consolidated Edison’s Moving Average

Consolidated Edison’s worth is under its 50-day moving average of $97.34 and above its 200-day moving average of $91.64.

5. MSC Industrial Direct Company (MSM)

55.66% Payout Ratio

MSC Industrial Direct Co., Inc., along with its subsidiaries, distribute metalworking, maintenance, repair, operations (MRO), products in the United States, Canada, Mexico, the United Kingdom. MRO products include cutting tools, measurement instruments, tooling parts, metalworking products and fasteners. They also sell raw materials and machinery hand, as well as safety and sanitation supplies. The company offers about 1.7 million stock-keeping units via its catalogues, brochures, and e-commerce channels including mscdirect.com, inventory management solutions, and call centers and branches. It serves its customers through its 99 branches and 12 customer fulfillment centres. The company serves machine shops and manufacturing firms up to 100 employees, government agencies, and manufacturers of all sizes. It was established in Melville in New York in 1941.

Volume

Today’s last reported volume for MSC Industrial Direct Company is 234184, 33.91% below its average volume of 354367.

As stated by Morningstar, Inc., the next dividend payment is on Jul 10, 2022, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.63%.

MSC Industrial Direct Company’s sales growth this year is expected to be 13% and 3.7% for next year.

Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 3.5B for the twelve trailing months.

MSC Industrial Direct Company’s sales growth for the current quarter is 19.9%. The company’s growth estimates for the present quarter and the next is 41.3% and 18.4%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.56%.

Volatility

MSC Industrial Direct Company’s last day, week, and month’s current intraday variation average was 0.85%, 0.77%, and 0.90%, respectively.

MSC Industrial Direct Company’s highest amplitude of average volatility was 1.10% (day), 1.56% (last week), and 1.66% (last month), respectively.

MSC Industrial Direct Company’s Stock Yearly Top and Bottom Value

MSC Industrial Direct Company’s stock is valued at $80.86 at 20:23 EST, under its 52-week high of $87.99 and way higher than its 52-week low of $71.69.

MSC Industrial Direct Company’s Moving Average

MSC Industrial Direct Company’s worth is above its 50-day moving average of $79.89 and below its 200-day moving average of $81.34.

LEAVE A REPLY

Please enter your comment!
Please enter your name here