(VIANEWS) – Permian Basin Royalty Trust (PBT), Novartis AG (NVS), Magic Software Enterprises Ltd. (MGIC) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a guarantee 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. Permian Basin Royalty Trust (PBT)

98.22% Payout Ratio

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States.

Volume

Today’s last reported volume for Permian Basin Royalty Trust is 88135 which is 24.74% below its average volume of 117108.

As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2021, the estimated forward annual dividend rate is 0.21 and the estimated forward annual dividend yield is 3.96%.

Year-on-year quarterly revenue growth declined by 66%, now sitting on 7.92M 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 1751.05%.

Volatility

Permian Basin Royalty Trust’s last day, week, and month’s current volatility was 2.63%, 2.28%, and 1.92%, respectively.

Permian Basin 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 3.13% (day), 3.24% (last week), and 2.97% (last month), respectively.

Permian Basin Royalty Trust’s Stock Yearly Top and Bottom Value

Permian Basin Royalty Trust’s stock is valued at $5.47 at 14:23 EST, below its 52-week high of $5.65 and way above its 52-week low of $2.11.

Permian Basin Royalty Trust’s Moving Average

Permian Basin Royalty Trust’s worth is way above its 50-day moving average of $4.91 and way above its 200-day moving average of $4.18.

2. Novartis AG (NVS)

91.93% Payout Ratio

Novartis AG researches, develops, manufactures, and markets healthcare products worldwide.

Volume

Today’s last reported volume for Novartis AG is 1031310 which is 43.47% below its average volume of 1824480.

As claimed by Morningstar, Inc., the next dividend payment is on Mar 3, 2021, the estimated forward annual dividend rate is 3.2 and the estimated forward annual dividend yield is 3.51%.

Novartis AG’s sales growth this year is expected to be 6.5% and 4.2% for next year.

Year-on-year quarterly revenue growth declined by 0.1%, now sitting on 49.88B for the twelve trailing months.

Novartis AG’s sales growth is 5% for the current quarter and 6.3% for the next. The company’s growth estimates for the ongoing quarter and the next is 10.3% and 7.2%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.67%.

Volatility

Novartis AG’s last day, week, and month’s current volatility was 0.45%, 0.42%, and 0.68%, respectively.

Novartis AG’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.80% (day), 0.81% (last week), and 0.83% (last month), respectively.

Novartis AG’s Stock Yearly Top and Bottom Value

Novartis AG’s stock is valued at $92.74 at 14:23 EST, below its 52-week high of $98.52 and way higher than its 52-week low of $77.04.

Novartis AG’s Moving Average

Novartis AG’s worth is above its 50-day moving average of $91.15 and higher than its 200-day moving average of $89.55.

3. Magic Software Enterprises Ltd. (MGIC)

89.42% Payout Ratio

Magic Software Enterprises Ltd.

Volume

Today’s last reported volume for Magic Software Enterprises Ltd. is 40348 which is 11.67% above its average volume of 36131.

As claimed by Morningstar, Inc., the next dividend payment is on Mar 23, 2021, the estimated forward annual dividend rate is 0.39 and the estimated forward annual dividend yield is 2.49%.

Magic Software Enterprises Ltd.’s sales growth this year is expected to be 16.6% and 8.1% for next year.

Year-on-year quarterly revenue growth grew by 25.9%, now sitting on 393.28M for the twelve trailing months.

Magic Software Enterprises Ltd.’s sales growth is 20.7% for the ongoing quarter and 22.4% for the next. The company’s growth estimates for the ongoing quarter and the next is 23.5% and 15.8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.28%.

Volatility

Magic Software Enterprises Ltd.’s last day, week, and month’s current volatility was 0.67%, 1.01%, and 1.41%, respectively.

Magic Software Enterprises Ltd.’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.04% (day), 1.74% (last week), and 2.50% (last month), respectively.

Magic Software Enterprises Ltd.’s Stock Yearly Top and Bottom Value

Magic Software Enterprises Ltd.’s stock is valued at $17.11 at 14:23 EST, under its 52-week high of $18.35 and way above its 52-week low of $10.94.

Magic Software Enterprises Ltd.’s Moving Average

Magic Software Enterprises Ltd.’s value is above its 50-day moving average of $16.03 and higher than its 200-day moving average of $16.22.

4. Global Payments (GPN)

36.62% Payout Ratio

Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments in North America, Europe, the Asia-Pacific, and Latin America.

Volume

Today’s last reported volume for Global Payments is 1716400 which is 23.42% above its average volume of 1390690.

As stated by Morningstar, Inc., the next dividend payment is on Jun 9, 2021, the estimated forward annual dividend rate is 0.78 and the estimated forward annual dividend yield is 0.41%.

Global Payments’s sales growth this year is anticipated to be 12.8% and 9.6% for next year.

Year-on-year quarterly revenue growth grew by 4.5%, now sitting on 7.51B for the twelve trailing months.

Global Payments’s sales growth is 21.9% for the present quarter and 12.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 44.3% and 24.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.4%.

Volatility

Global Payments’s last day, week, and month’s current volatility was 2.06%, 1.17%, and 0.88%, respectively.

Global Payments’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.21% (day), 1.36% (last week), and 1.61% (last month), respectively.

Global Payments’s Stock Yearly Top and Bottom Value

Global Payments’s stock is valued at $190.37 at 14:23 EST, way below its 52-week high of $220.81 and way higher than its 52-week low of $153.33.

Global Payments’s Moving Average

Global Payments’s value is under its 50-day moving average of $192.60 and under its 200-day moving average of $200.34.

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