(VIANEWS) – Eaton Vance Floating Rate Income Trust (EFT), NVE Corporation (NVEC), Sunoco LP (SUN) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a promise 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 researching 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. Eaton Vance Floating Rate Income Trust (EFT)

365.02% Payout Ratio

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management.

Volume

Today’s last reported volume for Eaton Vance Floating Rate Income Trust is 96383, 29.8% below its average volume of 137309.

As maintained by Morningstar, Inc., the next dividend payment is on Feb 19, 2018, the estimated forward annual dividend rate is 0.93 and the estimated forward annual dividend yield is 6.45%.

Year-on-year quarterly revenue growth declined by 27.4%, now sitting on 43.44M 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 1.53%.

Volatility

Eaton Vance Floating Rate Income Trust’s last day, week, and month’s current volatility was 2.85%, 1.61%, and 1.01%, respectively.

Eaton Vance Floating Rate Income Trust’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.93% (day), 1.34% (last week), and 1.34% (last month), respectively.

Eaton Vance Floating Rate Income Trust’s Stock Yearly Top and Bottom Value

Eaton Vance Floating Rate Income Trust’s stock is valued at $15.16 at 20:23 EST, below its 52-week high of $15.73 and way above its 52-week low of $11.85.

Eaton Vance Floating Rate Income Trust’s Moving Average

Eaton Vance Floating Rate Income Trust’s worth is above its 50-day moving average of $14.88 and higher than its 200-day moving average of $14.38.

2. NVE Corporation (NVEC)

165.29% Payout Ratio

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally.

Volume

Today’s last reported volume for NVE Corporation is 149581, 532.07% above its average volume of 23665.

As claimed by Morningstar, Inc., the next dividend payment is on May 13, 2021, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 6.03%.

Year-on-year quarterly revenue growth declined by 4.7%, now sitting on 21.37M 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 15.71%.

Volatility

NVE Corporation’s last day, week, and month’s current volatility was 0.15%, 0.68%, and 1.27%, respectively.

NVE Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.03% (day), 2.09% (last week), and 2.68% (last month), respectively.

NVE Corporation’s Stock Yearly Top and Bottom Value

NVE Corporation’s stock is valued at $65.27 at 20:23 EST, way under its 52-week high of $81.42 and way higher than its 52-week low of $46.00.

NVE Corporation’s Moving Average

NVE Corporation’s value is below its 50-day moving average of $69.74 and below its 200-day moving average of $71.45.

3. Sunoco LP (SUN)

65.26% Payout Ratio

Sunoco LP, together with its subsidiaries, engages in the distribution and retailing of motor fuels in the United States.

Volume

Today’s last reported volume for Sunoco LP is 360700, 31.33% above its average volume of 274637.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 4, 2021, the estimated forward annual dividend rate is 3.3 and the estimated forward annual dividend yield is 8.92%.

Sunoco LP’s sales growth this year is anticipated to be 51.7% and 4.5% for next year.

Year-on-year quarterly revenue growth grew by 111.2%, now sitting on 13.22B for the twelve trailing months.

Sunoco LP’s sales growth is 61.4% for the ongoing quarter and 68.5% for the next. The company’s growth estimates for the ongoing quarter and the next is 13.5% and 27.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 72.01%.

Volatility

Sunoco LP’s last day, week, and month’s current volatility was 0.78%, 0.71%, and 0.87%, respectively.

Sunoco LP’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.50% (day), 1.38% (last week), and 1.53% (last month), respectively.

Sunoco LP’s Stock Yearly Top and Bottom Value

Sunoco LP’s stock is valued at $37.01 at 20:23 EST, under its 52-week high of $39.00 and way above its 52-week low of $23.50.

Sunoco LP’s Moving Average

Sunoco LP’s value is below its 50-day moving average of $37.10 and above its 200-day moving average of $35.54.

4. Newell Rubbermaid (NWL)

54.76% Payout Ratio

Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide.

Volume

Today’s last reported volume for Newell Rubbermaid is 2278690, 0.65% below its average volume of 2293800.

According to Morningstar, Inc., the next dividend payment is on Aug 29, 2021, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.63%.

Newell Rubbermaid’s sales growth this year is expected to be 10.6% and 0.8% for next year.

Year-on-year quarterly revenue growth grew by 28.3%, now sitting on 10.39B for the twelve trailing months.

Newell Rubbermaid’s sales growth is 2.9% for the current quarter and negative 3.4% for the next. The company’s growth estimates for the current quarter and the next is negative 40.5% and negative -33.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.05%.

Volatility

Newell Rubbermaid’s last day, week, and month’s current volatility was 1.20%, 1.73%, and 1.25%, respectively.

Newell Rubbermaid’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), 2.76% (last week), and 2.06% (last month), respectively.

Newell Rubbermaid’s Stock Yearly Top and Bottom Value

Newell Rubbermaid’s stock is valued at $25.01 at 20:23 EST, way under its 52-week high of $30.10 and way higher than its 52-week low of $16.56.

Newell Rubbermaid’s Moving Average

Newell Rubbermaid’s value is below its 50-day moving average of $25.26 and under its 200-day moving average of $26.57.

5. John Hancock Hedged Equity & Income Fund (HEQ)

43.61% Payout Ratio

John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC.

Volume

Today’s last reported volume for John Hancock Hedged Equity & Income Fund is 18075, 66.1% below its average volume of 53328.

As stated by Morningstar, Inc., the next dividend payment is on Mar 8, 2018, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 8.89%.

Volatility

John Hancock Hedged Equity & Income Fund’s last day, week, and month’s current volatility was 0.54%, 0.69%, and 0.57%, respectively.

John Hancock Hedged Equity & Income Fund’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.77% (day), 1.55% (last week), and 1.24% (last month), respectively.

John Hancock Hedged Equity & Income Fund’s Stock Yearly Top and Bottom Value

John Hancock Hedged Equity & Income Fund’s stock is valued at $12.98 at 20:23 EST, under its 52-week high of $13.81 and way higher than its 52-week low of $9.72.

John Hancock Hedged Equity & Income Fund’s Moving Average

John Hancock Hedged Equity & Income Fund’s value is below its 50-day moving average of $13.35 and above its 200-day moving average of $12.80.

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