We have congregated information about stocks with the highest payout ratio so far. 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. MFS Investment Grade Municipal Trust

91.25% Payout Ratio

MFS Investment Grade Municipal is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company.

According to Morningstar, Inc., the next dividend payment is on Apr 12, 2021, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 4.51%.

Year-on-year quarterly revenue growth declined by 10.2%, now sitting on 5.94M 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 4.46%.

Volatility

MFS Investment Grade Municipal Trust’s last day, week, and month’s current volatility was 0.20%, 0.32%, and 0.35%, respectively.

MFS Investment Grade Municipal Trust’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.41% (day), 0.70% (last week), and 0.60% (last month), respectively.

MFS Investment Grade Municipal Trust’s Stock Yearly Top and Bottom Value

MFS Investment Grade Municipal Trust’s stock is valued at $9.83 at 23:23 EST, under its 52-week high of $10.55 and way above its 52-week low of $8.68.

MFS Investment Grade Municipal Trust’s Moving Average

MFS Investment Grade Municipal Trust’s value is higher than its 50-day moving average of $9.74 and higher than its 200-day moving average of $9.62.

2. ManpowerGroup

551.22% Payout Ratio

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region.

As claimed by Morningstar, Inc., the next dividend payment is on Nov 29, 2020, the estimated forward annual dividend rate is 2.34 and the estimated forward annual dividend yield is 2.28%.

ManpowerGroup’s sales growth this year is expected to be 10% and 5.8% for next year.

Year-on-year quarterly revenue growth declined by 2.7%, now sitting on 18B for the twelve trailing months.

ManpowerGroup’s sales growth is 1.3% for the present quarter and 26.6% for the next. The company’s growth estimates for the present quarter and the next is negative 17.1% and 516.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.91%.

Volatility

ManpowerGroup’s last day, week, and month’s current volatility was 1.27%, 1.75%, and 1.83%, respectively.

ManpowerGroup’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.35% (day), 2.29% (last week), and 2.93% (last month), respectively.

ManpowerGroup’s Stock Yearly Top and Bottom Value

ManpowerGroup’s stock is valued at $103.19 at 23:23 EST, below its 52-week high of $104.81 and way above its 52-week low of $56.66.

ManpowerGroup’s Moving Average

ManpowerGroup’s worth is above its 50-day moving average of $98.48 and way above its 200-day moving average of $87.74.

3. Mobile TeleSystems OJSC

87.93% Payout Ratio

Mobile TeleSystems Public Joint Stock Company provides telecommunication services primarily in Russia.

According to Morningstar, Inc., the next dividend payment is on Oct 7, 2020, the estimated forward annual dividend rate is 0.81 and the estimated forward annual dividend yield is 9.9%.

Mobile TeleSystems OJSC’s sales growth this year is anticipated to be negative 5% and 5% for next year.

Mobile TeleSystems OJSC’s sales growth is negative 4.6% for the current quarter and negative 4.5% for the next. The company’s growth estimates for the current quarter and the next is 162.5% and 57.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 177.92%.

Volatility

Mobile TeleSystems OJSC’s last day, week, and month’s current volatility was 0.12%, 0.95%, and 1.12%, respectively.

Mobile TeleSystems OJSC’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.99% (day), 0.83% (last week), and 1.36% (last month), respectively.

Mobile TeleSystems OJSC’s Stock Yearly Top and Bottom Value

Mobile TeleSystems OJSC’s stock is valued at $8.17 at 23:23 EST, way below its 52-week high of $9.81 and above its 52-week low of $7.64.

Mobile TeleSystems OJSC’s Moving Average

Mobile TeleSystems OJSC’s value is under its 50-day moving average of $8.44 and below its 200-day moving average of $8.63.

4. Mercury General Corporation

37.26% Payout Ratio

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States.

As stated by Morningstar, Inc., the next dividend payment is on Mar 15, 2021, the estimated forward annual dividend rate is 2.53 and the estimated forward annual dividend yield is 4.11%.

Mercury General Corporation’s sales growth this year is expected to be negative 0.8% and 2.4% for next year.

Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 3.78B for the twelve trailing months.

Mercury General Corporation’s sales growth is 31.6% for the ongoing quarter and negative 7% for the next. The company’s growth estimates for the ongoing quarter and the next is 14% and negative -40.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.55%.

Volatility

Mercury General Corporation’s last day, week, and month’s current volatility was 1.16%, 0.88%, and 1.24%, respectively.

Mercury General Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.88% (day), 1.90% (last week), and 2.22% (last month), respectively.

Mercury General Corporation’s Stock Yearly Top and Bottom Value

Mercury General Corporation’s stock is valued at $62.93 at 23:23 EST, below its 52-week high of $65.98 and way higher than its 52-week low of $34.12.

Mercury General Corporation’s Moving Average

Mercury General Corporation’s value is higher than its 50-day moving average of $60.72 and way higher than its 200-day moving average of $50.52.

5. Hormel Foods Corporation

58.18% Payout Ratio

Hormel Foods Corporation produces and markets various meat and food products to retail, foodservice, deli, and commercial customers in the United States and internationally.

As claimed by Morningstar, Inc., the next dividend payment is on Apr 8, 2021, the estimated forward annual dividend rate is 0.98 and the estimated forward annual dividend yield is 2.04%.

Hormel Foods Corporation’s sales growth this year is anticipated to be 5.3% and 2.3% for next year.

Year-on-year quarterly revenue growth grew by 3.2%, now sitting on 9.69B for the twelve trailing months.

Hormel Foods Corporation’s sales growth for the current quarter is 0.8%. The company’s growth estimates for the present quarter and the next is negative 2.4% and 13.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.03%.

Volatility

Hormel Foods Corporation’s last day, week, and month’s current volatility was 0.59%, 0.65%, and 0.81%, respectively.

Hormel Foods Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.45% (day), 1.49% (last week), and 1.68% (last month), respectively.

Hormel Foods Corporation’s Stock Yearly Top and Bottom Value

Hormel Foods Corporation’s stock is valued at $47.49 at 23:23 EST, way below its 52-week high of $52.97 and higher than its 52-week low of $43.45.

Hormel Foods Corporation’s Moving Average

Hormel Foods Corporation’s value is below its 50-day moving average of $47.67 and under its 200-day moving average of $48.09.

6. Cummins Inc.

43.99% Payout Ratio

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, products worldwide.

As maintained by Morningstar, Inc., the next dividend payment is on Feb 17, 2021, the estimated forward annual dividend rate is 5.4 and the estimated forward annual dividend yield is 2.08%.

Cummins Inc.’s sales growth this year is expected to be 12% and 7.1% for next year.

Year-on-year quarterly revenue growth grew by 4.5%, now sitting on 19.81B for the twelve trailing months.

Cummins Inc.’s sales growth for the current quarter is 7.3%. The company’s growth estimates for the ongoing quarter and the next is 8.5% and 82.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.75%.

Volatility

Cummins Inc.’s last day, week, and month’s current volatility was 0.52%, 1.05%, and 1.33%, respectively.

Cummins Inc.’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.41% (day), 1.96% (last week), and 2.23% (last month), respectively.

Cummins Inc.’s Stock Yearly Top and Bottom Value

Cummins Inc.’s stock is valued at $260.16 at 23:23 EST, under its 52-week high of $277.09 and way above its 52-week low of $140.93.

Cummins Inc.’s Moving Average

Cummins Inc.’s value is below its 50-day moving average of $260.30 and way above its 200-day moving average of $235.14.

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