(VIANEWS) – Corning Incorporated (GLW), Ashland (ASH), Nuveen Global High Income Fund (JGH) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.

1. Corning Incorporated (GLW)

93.07% Payout Ratio

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide.

Volume

Today’s last reported volume for Corning Incorporated is 4444500, 7.28% above its average volume of 4142530.

As maintained by Morningstar, Inc., the next dividend payment is on Nov 9, 2021, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 2.55%.

Corning Incorporated’s sales growth this year is expected to be 22.4% and 5% for next year.

Year-on-year quarterly revenue growth grew by 20.5%, now sitting on 13.76B for the twelve trailing months.

Corning Incorporated’s sales growth is 20.9% for the present quarter and 9.2% for the next. The company’s growth estimates for the current quarter and the next is 34.9% and 11.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.26%.

Volatility

Corning Incorporated’s last day, week, and month’s current intraday variation average was 2.70%, 1.21%, and 0.93%, respectively.

Corning Incorporated’s highest amplitude of average volatility was 2.53% (day), 1.86% (last week), and 2.25% (last month), respectively.

Corning Incorporated’s Stock Yearly Top and Bottom Value

Corning Incorporated’s stock is valued at $37.09 at 07:24 EST, way below its 52-week high of $46.82 and above its 52-week low of $34.81.

Corning Incorporated’s Moving Average

Corning Incorporated’s worth is below its 50-day moving average of $37.64 and below its 200-day moving average of $40.64.

2. Ashland (ASH)

40.78% Payout Ratio

Ashland Global Holdings Inc. provides additives and specialty ingredients worldwide.

Volume

Today’s last reported volume for Ashland is 123183, 71.45% below its average volume of 431614.

According to Morningstar, Inc., the next dividend payment is on Nov 29, 2021, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 1.12%.

Ashland’s sales growth this year is anticipated to be 8.7% and 5.6% for next year.

Year-on-year quarterly revenue growth grew by 8.7%, now sitting on 2.11B for the twelve trailing months.

The company’s growth estimates for the ongoing quarter and the next is negative 5.3% and 12.4%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.98%.

Volatility

Ashland’s last day, week, and month’s current intraday variation average was 0.41%, 0.64%, and 0.93%, respectively.

Ashland’s highest amplitude of average volatility was 1.24% (day), 1.30% (last week), and 1.88% (last month), respectively.

Ashland’s Stock Yearly Top and Bottom Value

Ashland’s stock is valued at $106.39 at 07:24 EST, under its 52-week high of $110.74 and way above its 52-week low of $78.37.

Ashland’s Moving Average

Ashland’s worth is above its 50-day moving average of $102.14 and way above its 200-day moving average of $92.43.

3. Nuveen Global High Income Fund (JGH)

37.29% Payout Ratio

Nuveen Global High 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 Global High Income Fund is 83459, 49.01% above its average volume of 56006.

As stated by Morningstar, Inc., the next dividend payment is on Dec 13, 2021, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 8.54%.

Volatility

Nuveen Global High Income Fund’s last day, week, and month’s current intraday variation average was 0.19%, 0.35%, and 0.51%, respectively.

Nuveen Global High Income Fund’s highest amplitude of average volatility was 1.27% (day), 0.70% (last week), and 0.83% (last month), respectively.

Nuveen Global High Income Fund’s Stock Yearly Top and Bottom Value

Nuveen Global High Income Fund’s stock is valued at $15.88 at 07:24 EST, under its 52-week high of $16.38 and above its 52-week low of $14.97.

Nuveen Global High Income Fund’s Moving Average

Nuveen Global High Income Fund’s value is above its 50-day moving average of $15.73 and under its 200-day moving average of $15.89.

4. Citizens Financial Group (CFG)

34.82% Payout Ratio

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services in the United States.

Volume

Today’s last reported volume for Citizens Financial Group is 4880180, 15.13% above its average volume of 4238630.

As claimed by Morningstar, Inc., the next dividend payment is on Jul 28, 2021, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 3.55%.

Citizens Financial Group’s sales growth this year is expected to be negative 4.5% and 6.4% for next year.

Year-on-year quarterly revenue growth grew by 41.7%, now sitting on 6.57B for the twelve trailing months.

Citizens Financial Group’s sales growth for the next quarter is negative 1.8%. The company’s growth estimates for the present quarter and the next is 66.2% and 13.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.9%.

Volatility

Citizens Financial Group’s last day, week, and month’s current intraday variation average was 1.17%, 1.00%, and 1.47%, respectively.

Citizens Financial Group’s highest amplitude of average volatility was 3.65% (day), 2.51% (last week), and 2.39% (last month), respectively.

Citizens Financial Group’s Stock Yearly Top and Bottom Value

Citizens Financial Group’s stock is valued at $56.35 at 07:24 EST, above its 52-week high of $51.54.

Citizens Financial Group’s Moving Average

Citizens Financial Group’s value is way above its 50-day moving average of $48.66 and way above its 200-day moving average of $46.23.

Previous days news about Citizens Financial Group (CFG)

  • According to MarketWatch on Thursday, 13 January, " ; a buy rating and $32 price target for Regions Financial Corp. ; and neutral ratings on Citizens Financial Group and First Republic Bank , with price targets of $58 a share and $210 a share, respectively. "
  • Price over earnings overview: citizens financial group. According to Benzinga on Friday, 14 January, "In the current session, Citizens Financial Group Inc. (NYSE:CFG) is trading at $55.92, after a 0.39% gain. ", "Compared to the aggregate P/E ratio of the 17.07 in the Banks industry, Citizens Financial Group Inc. has a lower P/E ratio of 11.18. "

5. Cathay General Bancorp (CATY)

33.42% Payout Ratio

Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States.

Volume

Today’s last reported volume for Cathay General Bancorp is 267165, 13.52% below its average volume of 308955.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 26, 2021, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 2.78%.

Cathay General Bancorp’s sales growth this year is expected to be 8% and 5.9% for next year.

Year-on-year quarterly revenue growth grew by 19.8%, now sitting on 652.88M for the twelve trailing months.

Cathay General Bancorp’s sales growth is 11.2% for the present quarter and 9.3% for the next. The company’s growth estimates for the current quarter and the next is 28.2% and 1.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.15%.

Volatility

Cathay General Bancorp’s last day, week, and month’s current intraday variation average was 2.23%, 1.00%, and 1.15%, respectively.

Cathay General Bancorp’s highest amplitude of average volatility was 3.55% (day), 2.16% (last week), and 2.43% (last month), respectively.

Cathay General Bancorp’s Stock Yearly Top and Bottom Value

Cathay General Bancorp’s stock is valued at $44.55 at 07:24 EST, below its 52-week high of $46.43 and way above its 52-week low of $32.20.

Cathay General Bancorp’s Moving Average

Cathay General Bancorp’s worth is higher than its 50-day moving average of $43.47 and above its 200-day moving average of $41.10.

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