(VIANEWS) – MainStay DefinedTerm Municipal Opportunities Fund (MMD), Umpqua Holdings Corporation (UMPQ), Dana Holding Corporation (DAN) are the highest payout ratio stocks on this list.

We have congregated 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. MainStay DefinedTerm Municipal Opportunities Fund (MMD)

79.07% Payout Ratio

The MainStay DefinedTerm Muni Opportunities Fund, a fixed-income mutual fund that is closed-ended and managed by New York Life Investment Management LLC, was launched in 2005.

Volume

Today’s last reported volume for MainStay DefinedTerm Municipal Opportunities Fund is 57288, 39.62% below its average volume of 94888.

As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2022, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 5.44%.

Year-on-year quarterly revenue growth declined by 7.4%, now sitting on 36.06M 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 6.16%.

Volatility

MainStay DefinedTerm Municipal Opportunities Fund’s last day, week, and month’s current intraday variation average was 0.43%, 0.83%, and 1.12%, respectively.

MainStay DefinedTerm Municipal Opportunities Fund’s highest amplitude of average volatility was 1.56% (day), 1.52% (last week), and 2.28% (last month), respectively.

MainStay DefinedTerm Municipal Opportunities Fund’s Stock Yearly Top and Bottom Value

MainStay DefinedTerm Municipal Opportunities Fund’s stock is valued at $18.75 at 14:23 EST, way below its 52-week high of $23.15 and way higher than its 52-week low of $16.82.

MainStay DefinedTerm Municipal Opportunities Fund’s Moving Average

MainStay DefinedTerm Municipal Opportunities Fund’s value is higher than its 50-day moving average of $17.96 and under its 200-day moving average of $20.29.

2. Umpqua Holdings Corporation (UMPQ)

45.65% Payout Ratio

Umpqua Holdings Corporation is the holding company for Umpqua Bank, which provides retail and commercial banking services as well as brokerage services.

Volume

Today’s last reported volume for Umpqua Holdings Corporation is 1072340, 33.64% below its average volume of 1616190.

As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 5.03%.

Umpqua Holdings Corporation’s sales growth this year is expected to be 23.5% and 30.5% for next year.

Year-on-year quarterly revenue growth declined by 8%, now sitting on 1.29B for the twelve trailing months.

Umpqua Holdings Corporation’s sales growth is negative 7% for the ongoing quarter and 56.5% for the next. The company’s growth estimates for the present quarter and the next is negative 26.4% and negative -32.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.26%.

Volatility

Umpqua Holdings Corporation’s last day, week, and month’s current intraday variation average was 1.98%, 2.01%, and 2.07%, respectively.

Umpqua Holdings Corporation’s highest amplitude of average volatility was 3.24% (day), 3.24% (last week), and 3.51% (last month), respectively.

Umpqua Holdings Corporation’s Stock Yearly Top and Bottom Value

Umpqua Holdings Corporation’s stock is valued at $16.91 at 14:23 EST, way under its 52-week high of $22.06 and higher than its 52-week low of $16.34.

Umpqua Holdings Corporation’s Moving Average

Umpqua Holdings Corporation’s value is under its 50-day moving average of $18.07 and way under its 200-day moving average of $19.69.

3. Dana Holding Corporation (DAN)

40.4% Payout Ratio

Dana Incorporated offers power-conveyance solutions and energy management for machinery and vehicles in North America and Europe.

Volume

Today’s last reported volume for Dana Holding Corporation is 403129, 75.43% below its average volume of 1640950.

As stated by Morningstar, Inc., the next dividend payment is on May 4, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 2.42%.

Dana Holding Corporation’s sales growth this year is anticipated to be 12.9% and 7.3% for next year.

Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 9.16B for the twelve trailing months.

Dana Holding Corporation’s sales growth is 10.3% for the ongoing quarter and 25.8% for the next. The company’s growth estimates for the present quarter and the next is negative 54.2% 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 7.17%.

Volatility

Dana Holding Corporation’s last day, week, and month’s current intraday variation average was 2.11%, 2.93%, and 2.85%, respectively.

Dana Holding Corporation’s highest amplitude of average volatility was 4.35% (day), 4.43% (last week), and 4.92% (last month), respectively.

Dana Holding Corporation’s Stock Yearly Top and Bottom Value

Dana Holding Corporation’s stock is valued at $17.08 at 14:23 EST, way under its 52-week high of $28.20 and way above its 52-week low of $13.50.

Dana Holding Corporation’s Moving Average

Dana Holding Corporation’s worth is above its 50-day moving average of $15.85 and way under its 200-day moving average of $20.65.

4. Blackrock Global Blackrock Global Opportunities Equity Trust (BOE)

40.21% Payout Ratio

BlackRock Enhanced Global Dividend Trust, a closed-ended equity mutual fund, was launched by BlackRock, Inc. BlackRock Advisors, LLC, and BlackRock International Limited co-manage the fund.

Volume

Today’s last reported volume for Blackrock Global Blackrock Global Opportunities Equity Trust is 95950, 44.28% below its average volume of 172217.

As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 7.09%.

Year-on-year quarterly revenue growth declined by 16.4%, now sitting on 19.63M 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 14.61%.

Volatility

Blackrock Global Blackrock Global Opportunities Equity Trust’s last day, week, and month’s current intraday variation average was 1.04%, 0.92%, and 1.14%, respectively.

Blackrock Global Blackrock Global Opportunities Equity Trust’s highest amplitude of average volatility was 2.38% (day), 1.48% (last week), and 1.92% (last month), respectively.

Blackrock Global Blackrock Global Opportunities Equity Trust’s Stock Yearly Top and Bottom Value

Blackrock Global Blackrock Global Opportunities Equity Trust’s stock is valued at $10.56 at 14:23 EST, way under its 52-week high of $12.82 and higher than its 52-week low of $9.75.

Blackrock Global Blackrock Global Opportunities Equity Trust’s Moving Average

Blackrock Global Blackrock Global Opportunities Equity Trust’s worth is below its 50-day moving average of $10.78 and below its 200-day moving average of $11.65.

5. Mercantile Bank Corporation (MBWM)

33.8% Payout Ratio

Mercantile Bank Corporation is the bank holding company of Mercantile Bank of Michigan. It provides retail and commercial banking services to small and medium-sized companies and individuals throughout the United States.

Volume

Today’s last reported volume for Mercantile Bank Corporation is 9381, 79.95% below its average volume of 46793.

According to Morningstar, Inc., the next dividend payment is on Jun 1, 2022, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 3.98%.

Mercantile Bank Corporation’s sales growth this year is anticipated to be negative 2.7% and 11.2% for next year.

Year-on-year quarterly revenue growth declined by 6.2%, now sitting on 181.35M for the twelve trailing months.

Mercantile Bank Corporation’s sales growth is 4.1% for the ongoing quarter and 10.4% for the next. The company’s growth estimates for the current quarter and the next is negative 31.3% and negative -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 12.82%.

Volatility

Mercantile Bank Corporation’s last day, week, and month’s current intraday variation average was 1.01%, 1.77%, and 1.39%, respectively.

Mercantile Bank Corporation’s highest amplitude of average volatility was 1.84% (day), 2.60% (last week), and 2.87% (last month), respectively.

Mercantile Bank Corporation’s Stock Yearly Top and Bottom Value

Mercantile Bank Corporation’s stock is valued at $30.76 at 14:23 EST, way below its 52-week high of $40.01 and above its 52-week low of $28.51.

Mercantile Bank Corporation’s Moving Average

Mercantile Bank Corporation’s worth is under its 50-day moving average of $33.82 and way below its 200-day moving average of $34.53.

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