(VIANEWS) - NewJersey Resources Corporation (NJR), Magellan Midstream Partners L.P. Limited Partnership (MMP), Fastenal Company (FAST) are the highest payout ratio stocks on this list.
We have gathered information about 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 issue them.
When researching 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. NewJersey Resources Corporation (NJR)
111.48% Payout Ratio
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services.
Volume
Today's last reported volume for NewJersey Resources Corporation is 147927, 60.06% below its average volume of 370420.
As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2021, the estimated forward annual dividend rate is 1.45 and the estimated forward annual dividend yield is 3.59%.
NewJersey Resources Corporation's sales growth this year is expected to be negative 8.3% and 6.9% for next year.
Year-on-year quarterly revenue growth grew by 33.1%, now sitting on 2.16B for the twelve trailing months.
The company's growth estimates for the present quarter and the next is 56.5% and negative -21.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 7.2%.
Volatility
NewJersey Resources Corporation's last day, week, and month's current intraday variation average was 1.36%, 1.37%, and 1.40%, respectively.
NewJersey Resources Corporation's highest amplitude of average volatility was 3.01% (day), 2.47% (last week), and 2.29% (last month), respectively.
NewJersey Resources Corporation's Stock Yearly Top and Bottom Value
NewJersey Resources Corporation's stock is valued at $40.30 at 07:23 EST, under its 52-week high of $44.41 and way above its 52-week low of $32.48.
NewJersey Resources Corporation's Moving Average
NewJersey Resources Corporation's worth is above its 50-day moving average of $38.44 and above its 200-day moving average of $39.61.2. Magellan Midstream Partners L.P. Limited Partnership (MMP)
100.98% Payout Ratio
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States.
Volume
Today's last reported volume for Magellan Midstream Partners L.P. Limited Partnership is 1742550, 42.53% above its average volume of 1222560.
According to Morningstar, Inc., the next dividend payment is on Nov 3, 2021, the estimated forward annual dividend rate is 4.15 and the estimated forward annual dividend yield is 8.41%.
Magellan Midstream Partners L.P. Limited Partnership's sales growth this year is anticipated to be 9.9% and 3.8% for next year.
Year-on-year quarterly revenue growth grew by 10.9%, now sitting on 2.59B for the twelve trailing months.
Magellan Midstream Partners L.P. Limited Partnership's sales growth is 4.4% for the present quarter and 17.3% for the next. The company's growth estimates for the ongoing quarter and the next is 4.3% and 26.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 42.08%.
Volatility
Magellan Midstream Partners L.P. Limited Partnership's last day, week, and month's current intraday variation average was 1.28%, 1.07%, and 1.17%, respectively.
Magellan Midstream Partners L.P. Limited Partnership's highest amplitude of average volatility was 1.69% (day), 1.78% (last week), and 2.27% (last month), respectively.
Magellan Midstream Partners L.P. Limited Partnership's Stock Yearly Top and Bottom Value
Magellan Midstream Partners L.P. Limited Partnership's stock is valued at $45.14 at 07:23 EST, way below its 52-week high of $53.85 and way higher than its 52-week low of $39.93.
Magellan Midstream Partners L.P. Limited Partnership's Moving Average
Magellan Midstream Partners L.P. Limited Partnership's worth is under its 50-day moving average of $47.85 and under its 200-day moving average of $47.57.3. Fastenal Company (FAST)
70.67% Payout Ratio
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally.
Volume
Today's last reported volume for Fastenal Company is 4775980, 66.85% above its average volume of 2862330.
As stated by Morningstar, Inc., the next dividend payment is on Jul 25, 2021, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 2.01%.
Fastenal Company's sales growth this year is expected to be 4.4% and 8.8% for next year.
Year-on-year quarterly revenue growth declined by 0.1%, now sitting on 5.7B for the twelve trailing months.
Fastenal Company's sales growth for the next quarter is 5.6%. The company's growth estimates for the current quarter and the next is 7.9% and 5.9%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 30.65%.
Volatility
Fastenal Company's last day, week, and month's current intraday variation average was 2.27%, 1.20%, and 0.80%, respectively.
Fastenal Company's highest amplitude of average volatility was 3.10% (day), 1.62% (last week), and 1.77% (last month), respectively.
Fastenal Company's Stock Yearly Top and Bottom Value
Fastenal Company's stock is valued at $62.05 at 07:23 EST, under its 52-week high of $64.18 and way above its 52-week low of $43.37.
Fastenal Company's Moving Average
Fastenal Company's value is above its 50-day moving average of $57.98 and way above its 200-day moving average of $53.89.4. Reynolds Consumer Products (REYN)
57.59% Payout Ratio
Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally.
Volume
Today's last reported volume for Reynolds Consumer Products is 227786, 38.39% below its average volume of 369733.
According to Morningstar, Inc., the next dividend payment is on Nov 14, 2021, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.09%.
Reynolds Consumer Products's sales growth this year is expected to be 8.9% and 7.2% for next year.
Year-on-year quarterly revenue growth grew by 10%, now sitting on 3.42B for the twelve trailing months.
Reynolds Consumer Products's sales growth is 14.4% for the current quarter and 11.8% for the next. The company's growth estimates for the present quarter and the next is negative 15.8% and negative -19.4%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 20.46%.
Volatility
Reynolds Consumer Products's last day, week, and month's current intraday variation average was 0.81%, 1.09%, and 0.88%, respectively.
Reynolds Consumer Products's highest amplitude of average volatility was 1.43% (day), 1.49% (last week), and 1.53% (last month), respectively.
Reynolds Consumer Products's Stock Yearly Top and Bottom Value
Reynolds Consumer Products's stock is valued at $29.75 at 07:23 EST, under its 52-week high of $32.19 and way higher than its 52-week low of $26.50.
Reynolds Consumer Products's Moving Average
Reynolds Consumer Products's worth is above its 50-day moving average of $28.77 and higher than its 200-day moving average of $29.32.5. Voya Global Equity Dividend and Premium Opportunity Fund (IGD)
41.03% Payout Ratio
Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC.
Volume
Today's last reported volume for Voya Global Equity Dividend and Premium Opportunity Fund is 189035, 28.91% below its average volume of 265920.
As stated by Morningstar, Inc., the next dividend payment is on Nov 30, 2021, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 8.01%.
Year-on-year quarterly revenue growth declined by 6.8%, now sitting on 16.04M 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 19.1%.
Volatility
Voya Global Equity Dividend and Premium Opportunity Fund's last day, week, and month's current intraday variation average was 1.34%, 0.64%, and 0.79%, respectively.
Voya Global Equity Dividend and Premium Opportunity Fund's highest amplitude of average volatility was 1.50% (day), 1.44% (last week), and 1.31% (last month), respectively.
Voya Global Equity Dividend and Premium Opportunity Fund's Stock Yearly Top and Bottom Value
Voya Global Equity Dividend and Premium Opportunity Fund's stock is valued at $6.07 at 07:23 EST, under its 52-week high of $6.25 and way higher than its 52-week low of $5.13.
Voya Global Equity Dividend and Premium Opportunity Fund's Moving Average
Voya Global Equity Dividend and Premium Opportunity Fund's value is higher than its 50-day moving average of $5.99 and above its 200-day moving average of $5.94.6. Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest (PHD)
32.96% Payout Ratio
Pioneer Floating Rate Trust is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States.
Volume
Today's last reported volume for Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest is 36403, 2.06% below its average volume of 37171.
According to Morningstar, Inc., the next dividend payment is on Dec 9, 2021, the estimated forward annual dividend rate is 0.69 and the estimated forward annual dividend yield is 5.68%.
Year-on-year quarterly revenue growth declined by 53.1%, now sitting on 17.55M 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 22.05%.
Volatility
Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest's last day, week, and month's current intraday variation average was 0.75%, 0.52%, and 0.63%, respectively.
Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest's highest amplitude of average volatility was 1.41% (day), 1.10% (last week), and 1.12% (last month), respectively.
Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest's Stock Yearly Top and Bottom Value
Pioneer Floating Rate Trust Pioneer Floating Rate Trust Shares of Beneficial Interest's stock is valued at $12.05 at 07:23 EST, under its 52-week high of $12.21 and way above its 52-week low of $10.11.