(VIANEWS) – Legg Mason BW Global Income Opportunities Fund (BWG), Erie Indemnity Company (ERIE), Novo Nordisk A/S (NVO) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio as yet. 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 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. Legg Mason BW Global Income Opportunities Fund (BWG)
124.67% Payout Ratio
Legg Mason BW Global Income Opportunities Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Volume
Today’s last reported volume for Legg Mason BW Global Income Opportunities Fund is 31270, 54.19% below its average volume of 68267.
As claimed by Morningstar, Inc., the next dividend payment is on Jan 20, 2022, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 9.24%.
Legg Mason BW Global Income Opportunities Fund’s Stock Yearly Top and Bottom Value
Legg Mason BW Global Income Opportunities Fund’s stock is valued at $11.55 at 01:23 EST, way under its 52-week high of $13.09 and higher than its 52-week low of $11.50.
Legg Mason BW Global Income Opportunities Fund’s Moving Average
Legg Mason BW Global Income Opportunities Fund’s value is below its 50-day moving average of $11.88 and below its 200-day moving average of $12.34.
2. Erie Indemnity Company (ERIE)
70.89% Payout Ratio
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.
Volume
Today’s last reported volume for Erie Indemnity Company is 1802, 97.99% below its average volume of 89880.
According to Morningstar, Inc., the next dividend payment is on Jan 3, 2022, the estimated forward annual dividend rate is 4.44 and the estimated forward annual dividend yield is 2.32%.
Erie Indemnity Company’s sales growth this year is expected to be 3.7% and 4% for next year.
Year-on-year quarterly revenue growth grew by 5.3%, now sitting on 2.61B for the twelve trailing months.
Erie Indemnity Company’s sales growth is 3.7% for the ongoing quarter and 3.7% for the next. The company’s growth estimates for the current quarter and the next is negative 1.7% and 2.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.12%.
Volatility
Erie Indemnity Company’s last day, week, and month’s current intraday variation average was 1.75%, 0.66%, and 1.02%, respectively.
Erie Indemnity Company’s highest amplitude of average volatility was 2.22% (day), 1.77% (last week), and 2.03% (last month), respectively.
Erie Indemnity Company’s Stock Yearly Top and Bottom Value
Erie Indemnity Company’s stock is valued at $189.80 at 01:23 EST, way under its 52-week high of $266.77 and way higher than its 52-week low of $168.87.
Erie Indemnity Company’s Moving Average
Erie Indemnity Company’s value is below its 50-day moving average of $203.14 and under its 200-day moving average of $196.73.
3. Novo Nordisk A/S (NVO)
47.46% Payout Ratio
Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide.
Volume
Today’s last reported volume for Novo Nordisk A/S is 999270, 17.24% below its average volume of 1207570.
As claimed by Morningstar, Inc., the next dividend payment is on Aug 15, 2021, the estimated forward annual dividend rate is 1.47 and the estimated forward annual dividend yield is 1.45%.
Novo Nordisk A/S’s sales growth this year is expected to be 7.3% and 8.3% for next year.
Year-on-year quarterly revenue growth grew by 10.1%, now sitting on 129.91B for the twelve trailing months.
Novo Nordisk A/S’s sales growth is 7.9% for the current quarter and 11.2% for the next. The company’s growth estimates for the present quarter and the next is 6.9% and 12.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 70.63%.
Volatility
Novo Nordisk A/S’s last day, week, and month’s current intraday variation average was 0.93%, 0.76%, and 0.97%, respectively.
Novo Nordisk A/S’s highest amplitude of average volatility was 1.68% (day), 1.64% (last week), and 1.75% (last month), respectively.
Novo Nordisk A/S’s Stock Yearly Top and Bottom Value
Novo Nordisk A/S’s stock is valued at $97.29 at 01:23 EST, way below its 52-week high of $115.95 and way above its 52-week low of $66.59.
Novo Nordisk A/S’s Moving Average
Novo Nordisk A/S’s worth is below its 50-day moving average of $107.59 and higher than its 200-day moving average of $90.32.
4. Church & Dwight Company (CHD)
30.41% Payout Ratio
Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products in the United States and internationally.
Volume
Today’s last reported volume for Church & Dwight Company is 1965650, 30.87% above its average volume of 1501930.
As maintained by Morningstar, Inc., the next dividend payment is on Nov 11, 2021, the estimated forward annual dividend rate is 1.01 and the estimated forward annual dividend yield is 1.15%.
Church & Dwight Company’s sales growth this year is expected to be 5.4% and 3.5% for next year.
Year-on-year quarterly revenue growth grew by 5.7%, now sitting on 5.12B for the twelve trailing months.
Church & Dwight Company’s sales growth is 6.7% for the present quarter and 5.5% for the next. The company’s growth estimates for the present quarter and the next is 1.4% and 32.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.38%.
Volatility
Church & Dwight Company’s last day, week, and month’s current intraday variation average was 0.28%, 0.68%, and 0.71%, respectively.
Church & Dwight Company’s highest amplitude of average volatility was 2.01% (day), 2.01% (last week), and 1.94% (last month), respectively.
Church & Dwight Company’s Stock Yearly Top and Bottom Value
Church & Dwight Company’s stock is valued at $102.93 at 01:23 EST, higher than its 52-week high of $96.26.
Church & Dwight Company’s Moving Average
Church & Dwight Company’s value is way above its 50-day moving average of $88.15 and way above its 200-day moving average of $85.94.
