(VIANEWS) – CubeSmart (CUBE), TriplePoint Venture Growth BDC Corp. (TPVG), Johnson & Johnson (JNJ) are the highest payout ratio stocks on this list.

We have gathered information about 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 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. CubeSmart (CUBE)

155.81% Payout Ratio

CubeSmart is a self-administered and self-managed real estate investment trust.

Volume

Today’s last reported volume for CubeSmart is 167803 which is 83.53% below its average volume of 1018550.

As stated by Morningstar, Inc., the next dividend payment is on Jun 29, 2021, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 2.79%.

CubeSmart’s sales growth this year is expected to be 13.7% and 0.8% for next year.

Year-on-year quarterly revenue growth grew by 15.3%, now sitting on 704.54M for the twelve trailing months.

CubeSmart’s sales growth is 16.5% for the present quarter and 12.1% for the next. The company’s growth estimates for the current quarter and the next is 5% and negative -12.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.61%.

Volatility

CubeSmart’s last day, week, and month’s current volatility was 0.47%, 0.84%, and 1.03%, respectively.

CubeSmart’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.48% (day), 1.64% (last week), and 1.57% (last month), respectively.

CubeSmart’s Stock Yearly Top and Bottom Value

CubeSmart’s stock is valued at $49.59 at 08:23 EST, under its 52-week high of $49.79 and way above its 52-week low of $27.99.

CubeSmart’s Moving Average

CubeSmart’s worth is above its 50-day moving average of $47.41 and way above its 200-day moving average of $41.04.

Previous days news about CubeSmart (CUBE)

According to Zacks Investment Research on Wednesday, 28 July, "We now look forward to the earnings releases of other REITs like Digital Realty Trust, Inc. (DLR Quick QuoteDLR – Free Report) , Cousins Properties (CUZ Quick QuoteCUZ – Free Report) and CubeSmart (CUBE Quick QuoteCUBE – Free Report) . "

2. TriplePoint Venture Growth BDC Corp. (TPVG)

84.21% Payout Ratio

TriplePoint Venture Growth BDC Corp is a business development company specializing investments in growth stage.

Volume

Today’s last reported volume for TriplePoint Venture Growth BDC Corp. is 103167 which is 38.24% below its average volume of 167039.

According to Morningstar, Inc., the next dividend payment is on Jun 14, 2021, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 9.43%.

TriplePoint Venture Growth BDC Corp.’s sales growth this year is anticipated to be negative 3% and 10.2% for next year.

Year-on-year quarterly revenue growth declined by 3.2%, now sitting on 89.13M for the twelve trailing months.

TriplePoint Venture Growth BDC Corp.’s sales growth for the current quarter is negative 6.9%. The company’s growth estimates for the present quarter and the next is negative 13.2% and negative -12.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.12%.

Volatility

TriplePoint Venture Growth BDC Corp.’s last day, week, and month’s current volatility was 0.06%, 1.09%, and 1.14%, respectively.

TriplePoint Venture Growth BDC Corp.’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.58% (day), 2.22% (last week), and 2.30% (last month), respectively.

TriplePoint Venture Growth BDC Corp.’s Stock Yearly Top and Bottom Value

TriplePoint Venture Growth BDC Corp.’s stock is valued at $15.86 at 08:23 EST, below its 52-week high of $16.80 and way above its 52-week low of $10.35.

TriplePoint Venture Growth BDC Corp.’s Moving Average

TriplePoint Venture Growth BDC Corp.’s worth is higher than its 50-day moving average of $15.70 and higher than its 200-day moving average of $14.87.

3. Johnson & Johnson (JNJ)

71.38% Payout Ratio

Johnson & Johnson researches and develops, manufactures, and sells various products in the health care field worldwide.

Volume

Today’s last reported volume for Johnson & Johnson is 5440210 which is 18.4% below its average volume of 6667220.

As maintained by Morningstar, Inc., the next dividend payment is on May 23, 2021, the estimated forward annual dividend rate is 4.24 and the estimated forward annual dividend yield is 2.52%.

Johnson & Johnson’s sales growth this year is expected to be 10.5% and 7% for next year.

Year-on-year quarterly revenue growth grew by 7.9%, now sitting on 84.21B for the twelve trailing months.

Johnson & Johnson’s sales growth for the current quarter is 26%. The company’s growth estimates for the ongoing quarter and the next is 35.3% and 9.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.78%.

Volatility

Johnson & Johnson’s last day, week, and month’s current volatility was 0.28%, 0.43%, and 0.56%, respectively.

Johnson & Johnson’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.76% (day), 1.04% (last week), and 1.17% (last month), respectively.

Johnson & Johnson’s Stock Yearly Top and Bottom Value

Johnson & Johnson’s stock is valued at $172.18 at 08:23 EST, below its 52-week high of $173.65 and way above its 52-week low of $133.65.

Johnson & Johnson’s Moving Average

Johnson & Johnson’s value is above its 50-day moving average of $166.66 and higher than its 200-day moving average of $164.53.

Previous days news about Johnson & Johnson (JNJ)

According to Business Insider on Monday, 26 July, "Separate stock-trade disclosures indicate that Boozman sold Pfizer stock on January 22 and Johnson & Johnson stock on May 3, although it’s unclear whether he sold all of his shares or only a portion."

According to Bloomberg Quint on Sunday, 25 July, "The country has issued more than 6.3 million vaccines so far, and will have enough shots to last until the end of the year, with 31 million doses from Johnson & Johnson and Pfizer Inc. expected to arrive within in the next three months. "

4. Otter Tail Corporation (OTTR)

60.73% Payout Ratio

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States.

Volume

Today’s last reported volume for Otter Tail Corporation is 60145 which is 43.64% below its average volume of 106722.

As stated by Morningstar, Inc., the next dividend payment is on May 12, 2021, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 3.14%.

Otter Tail Corporation’s sales growth this year is expected to be 9.1% and 5.1% for next year.

Year-on-year quarterly revenue growth grew by 11.5%, now sitting on 917.07M for the twelve trailing months.

The company’s growth estimates for the ongoing quarter and the next is 28.6% and negative -12.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.08%.

Volatility

Otter Tail Corporation’s last day, week, and month’s current volatility was 1.84%, 1.80%, and 1.05%, respectively.

Otter Tail Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.61% (day), 2.62% (last week), and 1.94% (last month), respectively.

Otter Tail Corporation’s Stock Yearly Top and Bottom Value

Otter Tail Corporation’s stock is valued at $49.94 at 08:23 EST, under its 52-week high of $51.19 and way above its 52-week low of $35.36.

Otter Tail Corporation’s Moving Average

Otter Tail Corporation’s worth is above its 50-day moving average of $48.98 and higher than its 200-day moving average of $45.86.

5. Hamilton Lane Incorporated (HLNE)

44.48% Payout Ratio

Hamilton Lane Incorporated is an investment firm specializing in direct and fund of fund investments.

Volume

Today’s last reported volume for Hamilton Lane Incorporated is 98437 which is 33.72% below its average volume of 148517.

As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2021, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 1.55%.

Hamilton Lane Incorporated’s sales growth this year is anticipated to be 4.5% and 13.1% for next year.

Year-on-year quarterly revenue growth grew by 33.7%, now sitting on 341.64M for the twelve trailing months.

Hamilton Lane Incorporated’s sales growth for the current quarter is 19.4%. The company’s growth estimates for the current quarter and the next is 392.3% and negative -17.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 40.79%.

Volatility

Hamilton Lane Incorporated’s last day, week, and month’s current volatility was 2.53%, 0.78%, and 1.40%, respectively.

Hamilton Lane Incorporated’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.37% (day), 1.88% (last week), and 2.41% (last month), respectively.

Hamilton Lane Incorporated’s Stock Yearly Top and Bottom Value

Hamilton Lane Incorporated’s stock is valued at $90.85 at 08:23 EST, below its 52-week high of $97.48 and way above its 52-week low of $59.64.

Hamilton Lane Incorporated’s Moving Average

Hamilton Lane Incorporated’s value is under its 50-day moving average of $91.05 and above its 200-day moving average of $88.44.

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