(VIANEWS) – Hormel Foods (HRL), MSC Industrial Direct Company (MSM), Cohen & Steers Closed (FOF) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio so far. 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. Hormel Foods (HRL)

61.23% Payout Ratio

Hormel Foods Corporation markets various meats and foods products for commercial, retail and foodservice customers throughout the United States as well as internationally.

Volume

Today’s last reported volume for Hormel Foods is 1418460, 28.13% below its average volume of 1973820.

As maintained by Morningstar, Inc., the next dividend payment is on Oct 14, 2021, the estimated forward annual dividend rate is 0.98 and the estimated forward annual dividend yield is 2.35%.

Hormel Foods’s sales growth this year is expected to be 16.4% and 6.9% for next year.

Year-on-year quarterly revenue growth grew by 20.2%, now sitting on 10.35B for the twelve trailing months.

Hormel Foods’s sales growth for the current quarter is 33.4%. The company’s growth estimates for the present quarter and the next is 16.3% and 17.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.19%.

Volatility

Hormel Foods’s last day, week, and month’s current intraday variation average was 0.94%, 0.92%, and 2.51%, respectively.

Hormel Foods’s highest amplitude of average volatility was 2.91% (day), 3.24% (last week), and 3.75% (last month), respectively.

Hormel Foods’s Stock Yearly Top and Bottom Value

Hormel Foods’s stock is valued at $48.25 at 08:23 EST, below its 52-week high of $50.86 and way above its 52-week low of $40.48.

Hormel Foods’s Moving Average

Hormel Foods’s value is way higher than its 50-day moving average of $42.62 and higher than its 200-day moving average of $45.59.

2. MSC Industrial Direct Company (MSM)

56.71% Payout Ratio

MSC Industrial Direct Co., Inc. distributes, along with its subsidiaries, metalworking, maintenance, repair, operations (MRO), products in the United States, Canada, Mexico, the United Kingdom.

Volume

Today’s last reported volume for MSC Industrial Direct Company is 491978, 10.62% above its average volume of 444708.

As maintained by Morningstar, Inc., the next dividend payment is on Apr 10, 2022, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.72%.

MSC Industrial Direct Company’s sales growth this year is anticipated to be 12.6% and 4.9% for next year.

Year-on-year quarterly revenue growth grew by 11.4%, now sitting on 3.41B for the twelve trailing months.

MSC Industrial Direct Company’s sales growth for the next quarter is 18.9%. The company’s growth estimates for the current quarter and the next is 22.5% and 39.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 25.25%.

Volatility

MSC Industrial Direct Company’s last day, week, and month’s current intraday variation average was 2.90%, 2.08%, and 1.69%, respectively.

MSC Industrial Direct Company’s highest amplitude of average volatility was 3.17% (day), 2.50% (last week), and 2.57% (last month), respectively.

MSC Industrial Direct Company’s Stock Yearly Top and Bottom Value

MSC Industrial Direct Company’s stock is valued at $82.66 at 08:23 EST, way below its 52-week high of $95.95 and way higher than its 52-week low of $74.20.

MSC Industrial Direct Company’s Moving Average

MSC Industrial Direct Company’s worth is under its 50-day moving average of $82.79 and below its 200-day moving average of $82.67.

3. Cohen & Steers Closed (FOF)

43.32% Payout Ratio

Cohen & Steers Closed End Opportunity Fund, Inc., is a fund that was launched by Cohen & Steers Inc. Cohen & Steers Capital Management, Inc. manages it. It invests in equity market funds.

Volume

Today’s last reported volume for Cohen & Steers Closed is 95084, 3.59% above its average volume of 91781.

As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2022, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 9.59%.

Volatility

Cohen & Steers Closed’s last day, week, and month’s current intraday variation average was 2.39%, 2.00%, and 1.40%, respectively.

Cohen & Steers Closed’s highest amplitude of average volatility was 2.27% (day), 3.01% (last week), and 2.32% (last month), respectively.

Cohen & Steers Closed’s Stock Yearly Top and Bottom Value

Cohen & Steers Closed’s stock is valued at $11.25 at 08:23 EST, way below its 52-week high of $15.78 and above its 52-week low of $10.46.

Cohen & Steers Closed’s Moving Average

Cohen & Steers Closed’s worth is below its 50-day moving average of $12.17 and way under its 200-day moving average of $13.62.

4. Sun Life Financial (SLF)

38.74% Payout Ratio

Sun Life Financial Inc. is a financial service company that provides wealth management, insurance and other services to clients both domestically and internationally.

Volume

Today’s last reported volume for Sun Life Financial is 607840, 31.99% below its average volume of 893827.

As stated by Morningstar, Inc., the next dividend payment is on Aug 23, 2021, the estimated forward annual dividend rate is 1.75 and the estimated forward annual dividend yield is 3.38%.

Sun Life Financial’s sales growth this year is anticipated to be 8.5% and 12% for next year.

Year-on-year quarterly revenue growth declined by 16.6%, now sitting on 35.86B for the twelve trailing months.

Sun Life Financial’s sales growth for the next quarter is 3.7%. The company’s growth estimates for the present quarter and the next is 21.9% and 4.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.98%.

Volatility

Sun Life Financial’s last day, week, and month’s current intraday variation average was 0.56%, 0.45%, and 1.49%, respectively.

Sun Life Financial’s highest amplitude of average volatility was 3.20% (day), 2.67% (last week), and 2.36% (last month), respectively.

Sun Life Financial’s Stock Yearly Top and Bottom Value

Sun Life Financial’s stock is valued at $48.03 at 08:23 EST, way under its 52-week high of $57.93 and way higher than its 52-week low of $42.50.

Sun Life Financial’s Moving Average

Sun Life Financial’s worth is way under its 50-day moving average of $55.51 and under its 200-day moving average of $52.81.

5. Arrow Financial Corporation (AROW)

31.13% Payout Ratio

Arrow Financial Corporation is a bank holding firm that provides both commercial and consumer banking services, as well as financial products and other services.

Volume

Today’s last reported volume for Arrow Financial Corporation is 4013, 79.01% below its average volume of 19126.

As claimed by Morningstar, Inc., the next dividend payment is on Nov 30, 2021, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 2.92%.

Arrow Financial Corporation’s sales growth this year is expected to be 8.3% and a negative 2.8% for next year.

Year-on-year quarterly revenue growth grew by 15.7%, now sitting on 142.54M for the twelve trailing months.

Arrow Financial Corporation’s sales growth is negative 1.3% for the current quarter and negative 0.8% for the next. The company’s growth estimates for the present quarter and the next is negative 7.4% and negative -15.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.18%.

Volatility

Arrow Financial Corporation’s last day, week, and month’s current intraday variation average was 0.87%, 1.48%, and 0.91%, respectively.

Arrow Financial Corporation’s highest amplitude of average volatility was 1.26% (day), 2.51% (last week), and 2.09% (last month), respectively.

Arrow Financial Corporation’s Stock Yearly Top and Bottom Value

Arrow Financial Corporation’s stock is valued at $31.65 at 08:23 EST, way under its 52-week high of $38.26 and above its 52-week low of $30.50.

Arrow Financial Corporation’s Moving Average

Arrow Financial Corporation’s worth is under its 50-day moving average of $32.81 and below its 200-day moving average of $34.95.

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