(VIANEWS) – Gabelli Convertible and Income Securities Fund (GCV), Eli Lilly and Company (LLY), First Busey Corporation (BUSE) 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 promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. Gabelli Convertible and Income Securities Fund (GCV)

441.67% Payout Ratio

GAMCO Investors, Inc. launched the Gabelli Convertible and Income Securities Fund Inc., a closed-ended, balanced mutual fund. Gabelli Funds, LLC manages the fund.

Volume

Today’s last reported volume for Gabelli Convertible and Income Securities Fund is 15405, 45.6% below its average volume of 28323.

As maintained by Morningstar, Inc., the next dividend payment is on Mar 15, 2022, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 8.2%.

Year-on-year quarterly revenue growth declined by 29.1%, now sitting on 2.45M 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

Gabelli Convertible and Income Securities Fund’s last day, week, and month’s current intraday variation average was 0.17%, 1.06%, and 1.20%, respectively.

Gabelli Convertible and Income Securities Fund’s highest amplitude of average volatility was 3.44% (day), 4.20% (last week), and 2.59% (last month), respectively.

Gabelli Convertible and Income Securities Fund’s Stock Yearly Top and Bottom Value

Gabelli Convertible and Income Securities Fund’s stock is valued at $5.89 at 20:23 EST, way under its 52-week high of $7.21 and above its 52-week low of $5.62.

Gabelli Convertible and Income Securities Fund’s Moving Average

Gabelli Convertible and Income Securities Fund’s value is under its 50-day moving average of $6.12 and below its 200-day moving average of $6.34.

2. Eli Lilly and Company (LLY)

50.23% Payout Ratio

Eli Lilly and Company develops, manufactures and markets pharmaceutical products around the world.

Volume

Today’s last reported volume for Eli Lilly and Company is 1583060, 46.65% below its average volume of 2967840.

According to Morningstar, Inc., the next dividend payment is on Feb 13, 2022, the estimated forward annual dividend rate is 3.92 and the estimated forward annual dividend yield is 1.51%.

Year-on-year quarterly revenue growth grew by 18%, now sitting on 27.76B 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 92.24%.

Volatility

Eli Lilly and Company’s last day, week, and month’s current intraday variation average was 0.11%, 0.71%, and 1.23%, respectively.

Eli Lilly and Company’s highest amplitude of average volatility was 2.51% (day), 2.25% (last week), and 2.38% (last month), respectively.

Eli Lilly and Company’s Stock Yearly Top and Bottom Value

Eli Lilly and Company’s stock is valued at $294.47 at 20:23 EST, below its 52-week high of $314.00 and way higher than its 52-week low of $193.11.

Eli Lilly and Company’s Moving Average

Eli Lilly and Company’s worth is above its 50-day moving average of $287.92 and way higher than its 200-day moving average of $260.30.

3. First Busey Corporation (BUSE)

41.55% Payout Ratio

First Busey Corporation is the bank holding firm for Busey Bank. It provides commercial and retail banking products to individuals, corporations, institutions, and government customers throughout the United States.

Volume

Today’s last reported volume for First Busey Corporation is 171162, 5.29% above its average volume of 162548.

As claimed by Morningstar, Inc., the next dividend payment is on Oct 20, 2021, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.17%.

First Busey Corporation’s sales growth this year is expected to be 0.4% and 2.3% for next year.

Year-on-year quarterly revenue growth grew by 9.7%, now sitting on 409.21M for the twelve trailing months.

First Busey Corporation’s sales growth is 1.2% for the present quarter and 6.6% for the next. The company’s growth estimates for the current quarter and the next is 5.8% and negative -26.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.41%.

Volatility

First Busey Corporation’s last day, week, and month’s current intraday variation average was 2.04%, 2.13%, and 1.54%, respectively.

First Busey Corporation’s highest amplitude of average volatility was 2.98% (day), 3.49% (last week), and 3.71% (last month), respectively.

First Busey Corporation’s Stock Yearly Top and Bottom Value

First Busey Corporation’s stock is valued at $23.47 at 20:23 EST, way below its 52-week high of $29.73 and way higher than its 52-week low of $21.00.

First Busey Corporation’s Moving Average

First Busey Corporation’s worth is below its 50-day moving average of $25.56 and below its 200-day moving average of $25.78.

4. MiX Telematics Limited (MIXT)

35.33% Payout Ratio

MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model.

Volume

Today’s last reported volume for MiX Telematics Limited is 16072, 56.21% below its average volume of 36709.

As stated by Morningstar, Inc., the next dividend payment is on Nov 17, 2021, the estimated forward annual dividend rate is 0.27 and the estimated forward annual dividend yield is 2.25%.

MiX Telematics Limited’s sales growth this year is anticipated to be 12.5% and 8.2% for next year.

Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 139.42M for the twelve trailing months.

MiX Telematics Limited’s sales growth is negative 2.5% for the current quarter and 5% for the next. The company’s growth estimates for the present quarter is negative 64.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.7%.

Volatility

MiX Telematics Limited’s last day, week, and month’s current intraday variation average was 2.41%, 2.38%, and 2.20%, respectively.

MiX Telematics Limited’s highest amplitude of average volatility was 7.59% (day), 4.62% (last week), and 4.59% (last month), respectively.

MiX Telematics Limited’s Stock Yearly Top and Bottom Value

MiX Telematics Limited’s stock is valued at $11.05 at 20:23 EST, way below its 52-week high of $16.79 and higher than its 52-week low of $10.10.

MiX Telematics Limited’s Moving Average

MiX Telematics Limited’s worth is under its 50-day moving average of $11.43 and under its 200-day moving average of $12.24.

5. HSBC (HSBC)

33.33% Payout Ratio

HSBC Holdings plc offers banking services and products worldwide.

Volume

Today’s last reported volume for HSBC is 3109310, 18.22% below its average volume of 3802250.

As stated by Morningstar, Inc., the next dividend payment is on Aug 18, 2021, the estimated forward annual dividend rate is 1.1 and the estimated forward annual dividend yield is 4.27%.

Year-on-year quarterly revenue growth grew by 39.3%, now sitting on 47.99B 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 5.67%.

Volatility

HSBC’s last day, week, and month’s current intraday variation average was 2.05%, 1.69%, and 1.79%, respectively.

HSBC’s highest amplitude of average volatility was 1.09% (day), 1.25% (last week), and 1.94% (last month), respectively.

HSBC’s Stock Yearly Top and Bottom Value

HSBC’s stock is valued at $30.54 at 20:23 EST, under its 52-week high of $32.43 and way above its 52-week low of $24.31.

HSBC’s Moving Average

HSBC’s value is above its 50-day moving average of $29.16 and higher than its 200-day moving average of $29.01.

Previous days news about HSBC (HSBC)

  • The USD should be stronger for longer – HSBC. According to FXStreet on Tuesday, 17 May, "The Russia-Ukraine conflict, ongoing global supply disruptions, and China’s growth challenges point to further USD strength but China’s pronounced policy stimuli would probably help offset some of these strong USD forces, economists at HSBC report."

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