(VIANEWS) - Nuveen Massachusetts Premium Income Municipal Fund (NMT), Capital Southwest Corporation (CSWC), Independent Bank Corp. (INDB) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio as yet. 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 issue 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. Nuveen Massachusetts Premium Income Municipal Fund (NMT)
102.45% Payout Ratio
Nuveen Investments, Inc. launched the Nuveen Massachusetts Quality Municipal Income Fund, a closed-end fixed income mutual fund. Nuveen Asset Management, LLC, and Nuveen Fund Advisors LLC co-manage the fund.
Volume
Today's last reported volume for Nuveen Massachusetts Premium Income Municipal Fund is 17754, 2.49% below its average volume of 18209.
As maintained by Morningstar, Inc., the next dividend payment is on Apr 12, 2022, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 4.42%.
Year-on-year quarterly revenue growth declined by 8.4%, now sitting on 7.16M 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 3.51%.
Volatility
Nuveen Massachusetts Premium Income Municipal Fund's last day, week, and month's current intraday variation average was 1.20%, 0.57%, and 0.85%, respectively.
Nuveen Massachusetts Premium Income Municipal Fund's highest amplitude of average volatility was 1.62% (day), 0.87% (last week), and 1.14% (last month), respectively.
Nuveen Massachusetts Premium Income Municipal Fund's Stock Yearly Top and Bottom Value
Nuveen Massachusetts Premium Income Municipal Fund's stock is valued at $11.84 at 14:23 EST, way below its 52-week high of $16.00 and higher than its 52-week low of $11.22.
Nuveen Massachusetts Premium Income Municipal Fund's Moving Average
Nuveen Massachusetts Premium Income Municipal Fund's value is above its 50-day moving average of $11.78 and way below its 200-day moving average of $13.61.2. Capital Southwest Corporation (CSWC)
97.33% Payout Ratio
Capital Southwest Corporation, a business development firm, specializes in venture capital and credit, as well as private equity, in mid-market companies, mezzanine and mature ventures.
Volume
Today's last reported volume for Capital Southwest Corporation is 16089, 92.25% below its average volume of 207605.
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2022, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 10.14%.
Capital Southwest Corporation's sales growth this year is expected to be 17.5% and 17.4% for next year.
Year-on-year quarterly revenue growth grew by 22.5%, now sitting on 82.22M for the twelve trailing months.
Capital Southwest Corporation's sales growth for the current quarter is 22.2%. The company's growth estimates for the ongoing quarter and the next is 11.6% and 11.6%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.31%.
Volatility
Capital Southwest Corporation's last day, week, and month's current intraday variation average was 1.07%, 1.22%, and 1.73%, respectively.
Capital Southwest Corporation's highest amplitude of average volatility was 1.77% (day), 2.33% (last week), and 2.73% (last month), respectively.
Capital Southwest Corporation's Stock Yearly Top and Bottom Value
Capital Southwest Corporation's stock is valued at $18.79 at 14:23 EST, way below its 52-week high of $28.41 and higher than its 52-week low of $17.79.
Capital Southwest Corporation's Moving Average
Capital Southwest Corporation's worth is way below its 50-day moving average of $21.17 and way below its 200-day moving average of $24.33.3. Independent Bank Corp. (INDB)
58.56% Payout Ratio
Independent Bank Corp. is the bank holding firm for Rockland Trust Company. It provides commercial banking services and products to small and medium-sized businesses, primarily in Massachusetts.
Volume
Today's last reported volume for Independent Bank Corp. is 169514, 14.03% below its average volume of 197190.
As maintained by Morningstar, Inc., the next dividend payment is on Mar 24, 2022, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 2.66%.
Independent Bank Corp.'s sales growth this year is expected to be 39.7% and 9.8% for next year.
Year-on-year quarterly revenue growth grew by 34.4%, now sitting on 531.44M for the twelve trailing months.
Independent Bank Corp.'s sales growth is 41.1% for the current quarter and 48.7% for the next. The company's growth estimates for the ongoing quarter and the next is 9.6% and 5.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.66%.
Volatility
Independent Bank Corp.'s last day, week, and month's current intraday variation average was 0.01%, 0.47%, and 0.95%, respectively.
Independent Bank Corp.'s highest amplitude of average volatility was 1.24% (day), 1.53% (last week), and 2.18% (last month), respectively.
Independent Bank Corp.'s Stock Yearly Top and Bottom Value
Independent Bank Corp.'s stock is valued at $79.95 at 14:23 EST, way under its 52-week high of $93.52 and way above its 52-week low of $68.14.
Independent Bank Corp.'s Moving Average
Independent Bank Corp.'s value is above its 50-day moving average of $79.82 and below its 200-day moving average of $82.07.4. Principal Financial Group (PFG)
43.22% Payout Ratio
Principal Financial Group, Inc. offers retirement, asset management, insurance products and services for individuals, businesses, and institutions worldwide.
Volume
Today's last reported volume for Principal Financial Group is 451766, 74.06% below its average volume of 1742220.
As claimed by Morningstar, Inc., the next dividend payment is on May 31, 2022, the estimated forward annual dividend rate is 2.56 and the estimated forward annual dividend yield is 3.66%.
Principal Financial Group's sales growth this year is anticipated to be negative 8.1% and 6.8% for next year.
Year-on-year quarterly revenue growth grew by 8.7%, now sitting on 14.26B for the twelve trailing months.
Principal Financial Group's sales growth is negative 4.6% for the ongoing quarter and negative 0.2% for the next. The company's growth estimates for the current quarter and the next is negative 7.1% and 1.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 10.55%.
Volatility
Principal Financial Group's last day, week, and month's current intraday variation average was 1.56%, 1.23%, and 1.52%, respectively.
Principal Financial Group's highest amplitude of average volatility was 1.58% (day), 2.27% (last week), and 2.44% (last month), respectively.
Principal Financial Group's Stock Yearly Top and Bottom Value
Principal Financial Group's stock is valued at $64.09 at 14:23 EST, way below its 52-week high of $80.36 and higher than its 52-week low of $60.61.
Principal Financial Group's Moving Average
Principal Financial Group's value is under its 50-day moving average of $67.65 and under its 200-day moving average of $70.46.5. Provident Financial Holdings (PROV)
42.11% Payout Ratio
Provident Financial Holdings, Inc. is the holding company of Provident Savings Bank, F.S.B. Provides community banking services for consumers as well as small- to medium-sized business owners in Southern California's Inland Empire.
Volume
Today's last reported volume for Provident Financial Holdings is 170, 97.63% below its average volume of 7198.
According to Morningstar, Inc., the next dividend payment is on May 17, 2022, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.86%.
Provident Financial Holdings's sales growth this year is anticipated to be 0.8% and 7.3% for next year.
Year-on-year quarterly revenue growth grew by 5%, now sitting on 38.08M for the twelve trailing months.
Provident Financial Holdings's sales growth is 3.3% for the ongoing quarter and 5.7% for the next. The company's growth estimates for the present quarter and the next is negative 50% and negative -31.4%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 7.87%.
Volatility
Provident Financial Holdings's last day, week, and month's current intraday variation average was 1.77%, 0.83%, and 1.15%, respectively.
Provident Financial Holdings's highest amplitude of average volatility was 2.47% (day), 1.11% (last week), and 1.55% (last month), respectively.
Provident Financial Holdings's Stock Yearly Top and Bottom Value
Provident Financial Holdings's stock is valued at $14.55 at 14:23 EST, way under its 52-week high of $18.25 and above its 52-week low of $13.76.
Provident Financial Holdings's Moving Average
Provident Financial Holdings's value is below its 50-day moving average of $14.65 and below its 200-day moving average of $16.11.6. Lakeland Bancorp (LBAI)
32.73% Payout Ratio
Lakeland Bancorp, Inc. is the bank holding company of Lakeland Bank. It offers a variety of banking products and services to individuals as well as small and medium-sized businesses.
Volume
Today's last reported volume for Lakeland Bancorp is 80208, 57.41% below its average volume of 188351.
As maintained by Morningstar, Inc., the next dividend payment is on May 5, 2022, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 3.96%.
Lakeland Bancorp's sales growth this year is anticipated to be 28.4% and 8.7% for next year.
Year-on-year quarterly revenue growth grew by 8.9%, now sitting on 273.86M for the twelve trailing months.
Lakeland Bancorp's sales growth for the next quarter is 30.7%. The company's growth estimates for the ongoing quarter and the next is negative 18.9% and negative -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 9.45%.
Volatility
Lakeland Bancorp's last day, week, and month's current intraday variation average was 0.27%, 0.65%, and 1.22%, respectively.
Lakeland Bancorp's highest amplitude of average volatility was 1.99% (day), 1.91% (last week), and 2.46% (last month), respectively.
Lakeland Bancorp's Stock Yearly Top and Bottom Value
Lakeland Bancorp's stock is valued at $14.60 at 14:23 EST, way below its 52-week high of $20.69 and above its 52-week low of $14.40.