(VIANEWS) – Franklin Universal Trust (FT), Erie Indemnity Company (ERIE), Rogers Communication (RCI) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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. Franklin Universal Trust (FT)

103.78% Payout Ratio

Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States.

Volume

Today’s last reported volume for Franklin Universal Trust is 23386, 45.67% below its average volume of 43048.

As maintained by Morningstar, Inc., the next dividend payment is on Sep 28, 2021, the estimated forward annual dividend rate is 0.51 and the estimated forward annual dividend yield is 6.22%.

Year-on-year quarterly revenue growth declined by 1%, now sitting on 15.4M 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 4.38%.

Franklin Universal Trust’s Stock Yearly Top and Bottom Value

Franklin Universal Trust’s stock is valued at $8.21 at 02:23 EST, below its 52-week high of $8.65 and way above its 52-week low of $6.78.

Franklin Universal Trust’s Moving Average

Franklin Universal Trust’s worth is under its 50-day moving average of $8.46 and higher than its 200-day moving average of $8.15.

2. Erie Indemnity Company (ERIE)

69.81% 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 45956, 33.39% below its average volume of 68993.

According to Morningstar, Inc., the next dividend payment is on Oct 3, 2021, the estimated forward annual dividend rate is 4.14 and the estimated forward annual dividend yield is 2.17%.

Erie Indemnity Company’s sales growth this year is anticipated to be 3.7% and 3.9% for next year.

Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 2.57B for the twelve trailing months.

Erie Indemnity Company’s sales growth for the next quarter is 4.4%. The company’s growth estimates for the ongoing quarter and the next is negative 5.8% and negative -2.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.98%.

Volatility

Erie Indemnity Company’s last day, week, and month’s current volatility was 1.68%, 1.34%, and 1.14%, respectively.

Erie Indemnity Company’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.41% (day), 2.21% (last week), and 2.27% (last month), respectively.

Erie Indemnity Company’s Stock Yearly Top and Bottom Value

Erie Indemnity Company’s stock is valued at $190.38 at 02:23 EST, way below its 52-week high of $266.77 and way above its 52-week low of $168.87.

Erie Indemnity Company’s Moving Average

Erie Indemnity Company’s worth is higher than its 50-day moving average of $179.67 and below its 200-day moving average of $194.42.

3. Rogers Communication (RCI)

63.49% Payout Ratio

Rogers Communications Inc. operates as a communications and media company in Canada.

Volume

Today’s last reported volume for Rogers Communication is 263134, 20.12% below its average volume of 329421.

As stated by Morningstar, Inc., the next dividend payment is on Jun 8, 2021, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 3.15%.

Rogers Communication’s sales growth this year is anticipated to be 3.5% and 3.3% for next year.

Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 13.99B for the twelve trailing months.

Rogers Communication’s sales growth is 5% for the ongoing quarter and 3.7% for the next. The company’s growth estimates for the ongoing quarter and the next is 20% and 6.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.8%.

Volatility

Rogers Communication’s last day, week, and month’s current volatility was 0.06%, 0.41%, and 0.87%, respectively.

Rogers Communication’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.79% (day), 1.01% (last week), and 1.30% (last month), respectively.

Rogers Communication’s Stock Yearly Top and Bottom Value

Rogers Communication’s stock is valued at $46.56 at 02:23 EST, way below its 52-week high of $53.90 and way higher than its 52-week low of $39.42.

Rogers Communication’s Moving Average

Rogers Communication’s value is under its 50-day moving average of $48.86 and below its 200-day moving average of $50.24.

4. Standard Register Company (SR)

53.93% Payout Ratio

Spire Inc., through its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States.

Volume

Today’s last reported volume for Standard Register Company is 154901, 48.17% below its average volume of 298913.

As maintained by Morningstar, Inc., the next dividend payment is on Sep 8, 2021, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 4.08%.

Standard Register Company’s sales growth this year is expected to be 12.6% and a negative 3.6% for next year.

Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 2.2B for the twelve trailing months.

Standard Register Company’s sales growth for the current quarter is 0.4%. The company’s growth estimates for the present quarter is negative 97.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.97%.

Volatility

Standard Register Company’s last day, week, and month’s current volatility was 0.24%, 0.63%, and 1.35%, respectively.

Standard Register Company’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.15% (day), 2.12% (last week), and 2.32% (last month), respectively.

Standard Register Company’s Stock Yearly Top and Bottom Value

Standard Register Company’s stock is valued at $63.75 at 02:23 EST, way below its 52-week high of $77.95 and way higher than its 52-week low of $53.66.

Standard Register Company’s Moving Average

Standard Register Company’s value is under its 50-day moving average of $64.21 and way under its 200-day moving average of $71.18.

5. MGE Energy (MGEE)

50.68% Payout Ratio

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin.

Volume

Today’s last reported volume for MGE Energy is 30060, 54.27% below its average volume of 65746.

As stated by Morningstar, Inc., the next dividend payment is on Aug 30, 2021, the estimated forward annual dividend rate is 1.55 and the estimated forward annual dividend yield is 1.97%.

MGE Energy’s sales growth this year is expected to be 7% and 4.3% for next year.

Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 556.27M for the twelve trailing months.

MGE Energy’s sales growth is negative 4.4% for the current quarter and 26.8% for the next. The company’s growth estimates for the ongoing quarter and the next is 2.3% and negative -6.8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.74%.

Volatility

MGE Energy’s last day, week, and month’s current volatility was 1.06%, 0.97%, and 1.45%, respectively.

MGE Energy’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.25% (day), 2.11% (last week), and 2.20% (last month), respectively.

MGE Energy’s Stock Yearly Top and Bottom Value

MGE Energy’s stock is valued at $74.51 at 02:23 EST, way under its 52-week high of $82.95 and way above its 52-week low of $63.00.

MGE Energy’s Moving Average

MGE Energy’s worth is under its 50-day moving average of $77.91 and below its 200-day moving average of $76.19.

6. State Street Corporation (STT)

33.12% Payout Ratio

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide.

Volume

Today’s last reported volume for State Street Corporation is 1653690, 24.47% below its average volume of 2189520.

As claimed by Morningstar, Inc., the next dividend payment is on Sep 29, 2021, the estimated forward annual dividend rate is 2.28 and the estimated forward annual dividend yield is 2.63%.

State Street Corporation’s sales growth this year is anticipated to be 1.8% and 3.7% for next year.

Year-on-year quarterly revenue growth grew by 5.7%, now sitting on 11.71B for the twelve trailing months.

State Street Corporation’s sales growth for the next quarter is 2.6%. The company’s growth estimates for the ongoing quarter and the next is 33.1% and 18.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.49%.

Volatility

State Street Corporation’s last day, week, and month’s current volatility was 0.25%, 1.27%, and 1.94%, respectively.

State Street Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.06% (day), 2.39% (last week), and 2.52% (last month), respectively.

State Street Corporation’s Stock Yearly Top and Bottom Value

State Street Corporation’s stock is valued at $90.63 at 02:23 EST, below its 52-week high of $94.64 and way higher than its 52-week low of $57.16.

State Street Corporation’s Moving Average

State Street Corporation’s value is above its 50-day moving average of $88.22 and above its 200-day moving average of $85.52.

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