(VIANEWS) – Enbridge (ENB), Good Life Advisors, LLC (ABB), Gulf Coast Ultra Deep Royalty Trust (GULTU) 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 investigating 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. Enbridge (ENB)

218.92% Payout Ratio

Enbridge Inc. operates as an energy infrastructure company in Canada and the United States.

Volume

Today’s last reported volume for Enbridge is 2966880, 11.65% below its average volume of 3358140.

As stated by Morningstar, Inc., the next dividend payment is on Feb 10, 2021, the estimated forward annual dividend rate is 2.63 and the estimated forward annual dividend yield is 6.75%.

Enbridge’s sales growth this year is anticipated to be 6.7% and 5.5% for next year.

Year-on-year quarterly revenue growth declined by 19%, now sitting on 39.09B for the twelve trailing months.

Enbridge’s sales growth is 15.6% for the present quarter and 8.4% for the next. The company’s growth estimates for the current quarter and the next is 22.2% and 54.8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.11%.

Volatility

Enbridge’s last day, week, and month’s current volatility was 0.53%, 0.52%, and 0.98%, respectively.

Enbridge’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.91% (day), 0.95% (last week), and 1.29% (last month), respectively.

Enbridge’s Stock Yearly Top and Bottom Value

Enbridge’s stock is valued at $39.52 at 20:23 EST, below its 52-week high of $41.13 and way higher than its 52-week low of $26.97.

Enbridge’s Moving Average

Enbridge’s value is above its 50-day moving average of $39.38 and higher than its 200-day moving average of $38.68.

Previous days news about Enbridge (ENB)

  • According to Bloomberg Quint on Sunday, 19 September, "Stocks to watch: Suncor Energy Inc. (+16%), Cenovus Energy Inc. (+42%), Pembina Pipeline Corp. (+33%), Enbridge Inc. (+24%), Brookfield Renewable Partners LP (-10%) and TransAlta Corp. (+33%)."
  • Enbridge oil-sands pipeline bottleneck eases before line 3 start. According to Bloomberg Quint on Monday, 20 September, "The decline comes as Enbridge prepares to start operation of its new Line 3 replacement pipeline, that will boost export capacity to the U.S."

2. Good Life Advisors, LLC (ABB)

198.71% Payout Ratio

Volume

Today’s last reported volume for Good Life Advisors, LLC is 1327280, 8.16% above its average volume of 1227130.

As maintained by Morningstar, Inc., the next dividend payment is on Mar 28, 2021, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 2.36%.

Good Life Advisors, LLC’s sales growth this year is expected to be 13.5% and 5.5% for next year.

Year-on-year quarterly revenue growth grew by 21%, now sitting on 28.11B for the twelve trailing months.

Good Life Advisors, LLC’s sales growth is 13.5% for the ongoing quarter and 9.8% for the next. The company’s growth estimates for the ongoing quarter and the next is 90.5% and 57.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.18%.

Volatility

Good Life Advisors, LLC’s last day, week, and month’s current volatility was 0.43%, 0.72%, and 0.66%, respectively.

Good Life Advisors, LLC’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.10% (day), 0.91% (last week), and 0.82% (last month), respectively.

Good Life Advisors, LLC’s Stock Yearly Top and Bottom Value

Good Life Advisors, LLC’s stock is valued at $35.20 at 20:23 EST, below its 52-week high of $38.03 and way above its 52-week low of $24.07.

Good Life Advisors, LLC’s Moving Average

Good Life Advisors, LLC’s value is below its 50-day moving average of $37.05 and above its 200-day moving average of $34.37.

3. Gulf Coast Ultra Deep Royalty Trust (GULTU)

73.9% Payout Ratio

Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust.

Volume

Today’s last reported volume for Gulf Coast Ultra Deep Royalty Trust is 79872, 31.76% above its average volume of 60619.

As claimed by Morningstar, Inc., the next dividend payment is on Jul 28, 2021, the estimated forward annual dividend yield is 3.13%.

Year-on-year quarterly revenue growth grew by 19.9%, now sitting on 808.01k 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 19.75%.

Volatility

Gulf Coast Ultra Deep Royalty Trust’s last day, week, and month’s current volatility was 4.00%, 4.25%, and 5.47%, respectively.

Gulf Coast Ultra Deep Royalty Trust’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 12.50% (day), 15.79% (last week), and 11.02% (last month), respectively.

Gulf Coast Ultra Deep Royalty Trust’s Stock Yearly Top and Bottom Value

Gulf Coast Ultra Deep Royalty Trust’s stock is valued at $0.02 at 20:23 EST, way below its 52-week high of $0.05 and way higher than its 52-week low of $0.01.

Gulf Coast Ultra Deep Royalty Trust’s Moving Average

Gulf Coast Ultra Deep Royalty Trust’s worth is way below its 50-day moving average of $0.02 and way under its 200-day moving average of $0.03.

4. VALE (VALE)

59.88% Payout Ratio

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally.

Volume

Today’s last reported volume for VALE is 51652300, 98.09% above its average volume of 26074900.

As claimed by Morningstar, Inc., the next dividend payment is on Jun 23, 2021, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 3.9%.

VALE’s sales growth this year is expected to be 55.9% and a negative 12.8% for next year.

Year-on-year quarterly revenue growth grew by 121.8%, now sitting on 246.58B for the twelve trailing months.

VALE’s sales growth is 74.5% for the present quarter and 17.4% for the next. The company’s growth estimates for the current quarter and the next is 169.5% and 664.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 29.06%.

Volatility

VALE’s last day, week, and month’s current volatility was 6.92%, 2.98%, and 2.04%, respectively.

VALE’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.33% (day), 2.70% (last week), and 2.48% (last month), respectively.

VALE’s Stock Yearly Top and Bottom Value

VALE’s stock is valued at $16.42 at 20:23 EST, way below its 52-week high of $23.18 and way higher than its 52-week low of $10.29.

VALE’s Moving Average

VALE’s value is way below its 50-day moving average of $19.06 and way under its 200-day moving average of $20.14.

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