(VIANEWS) - StoneCastle Financial Corp (BANX), BlackRock New York Municipal Income Trust (BNY), Nike (NKE) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up until 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. StoneCastle Financial Corp (BANX)
128.81% Payout Ratio
StoneCastle Financial Corp. is a closed ended balanced mutual fund launched and managed by StoneCastle Asset Management LLC.
Volume
Today's last reported volume for StoneCastle Financial Corp is 8501 which is 56.6% below its average volume of 19587.
As maintained by Morningstar, Inc., the next dividend payment is on Jun 17, 2021, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 6.92%.
StoneCastle Financial Corp's sales growth this year is anticipated to be 7.4% and 9.7% for next year.
Year-on-year quarterly revenue growth grew by 11.9%, now sitting on 17.09M for the twelve trailing months.
StoneCastle Financial Corp's sales growth for the next quarter is 7.2%. The company's growth estimates for the current quarter and the next is 2.4% and 4.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 20.62%.
Volatility
StoneCastle Financial Corp's last day, week, and month's current volatility was 0.41%, 0.70%, and 0.91%, respectively.
StoneCastle Financial Corp's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.48% (day), 1.79% (last week), and 1.82% (last month), respectively.
StoneCastle Financial Corp's Stock Yearly Top and Bottom Value
StoneCastle Financial Corp's stock is valued at $21.95 at 08:23 EST, below its 52-week high of $22.67 and way higher than its 52-week low of $16.04.
StoneCastle Financial Corp's Moving Average
StoneCastle Financial Corp's worth is above its 50-day moving average of $21.78 and higher than its 200-day moving average of $20.49.2. BlackRock New York Municipal Income Trust (BNY)
101.52% Payout Ratio
BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC.
Volume
Today's last reported volume for BlackRock New York Municipal Income Trust is 45005 which is 41.81% below its average volume of 77340.
According to Morningstar, Inc., the next dividend payment is on Jun 13, 2021, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 4.48%.
Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 12.31M 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 3.1%.
Volatility
BlackRock New York Municipal Income Trust's last day, week, and month's current volatility was 0.54%, 0.26%, and 0.40%, respectively.
BlackRock New York Municipal Income Trust's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.75% (day), 0.56% (last week), and 0.94% (last month), respectively.
BlackRock New York Municipal Income Trust's Stock Yearly Top and Bottom Value
BlackRock New York Municipal Income Trust's stock is valued at $15.14 at 08:23 EST, below its 52-week high of $16.50 and way above its 52-week low of $13.25.
BlackRock New York Municipal Income Trust's Moving Average
BlackRock New York Municipal Income Trust's worth is above its 50-day moving average of $14.89 and above its 200-day moving average of $14.89.3. Nike (NKE)
48.83% Payout Ratio
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.
Volume
Today's last reported volume for Nike is 6333540 which is 14.45% below its average volume of 7403140.
According to Morningstar, Inc., the next dividend payment is on May 27, 2021, the estimated forward annual dividend rate is 1.1 and the estimated forward annual dividend yield is 0.83%.
Nike's sales growth this year is expected to be 13% and 9.8% for next year.
Year-on-year quarterly revenue growth grew by 2.5%, now sitting on 38.51B for the twelve trailing months.
The company's growth estimates for the current quarter and the next is 17.9% and 29.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 32.69%.
Volatility
Nike's last day, week, and month's current volatility was 1.10%, 1.60%, and 1.61%, respectively.
Nike's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.48% (day), 1.89% (last week), and 1.74% (last month), respectively.
Nike's Stock Yearly Top and Bottom Value
Nike's stock is valued at $160.11 at 08:23 EST, below its 52-week high of $160.44 and way above its 52-week low of $95.11.
Nike's Moving Average
Nike's value is way above its 50-day moving average of $137.10 and way higher than its 200-day moving average of $137.41.Previous days news about Nike (NKE)
According to CNBC on Monday, 5 July, "Meanwhile, executives for sportswear brands Nike and Adidas have been more optimistic about growth in the market in earnings call comments in the last two months."
According to Bloomberg Quint on Sunday, 4 July, "Shares of H&M, Nike Inc. and others plummeted as Chinese officials endorsed the boycotts and celebrities cut ties with brands including Adidas, New Balance and Japan's Uniqlo."
4. Independent Bank Corp. (INDB)
45.15% Payout Ratio
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts.
Volume
Today's last reported volume for Independent Bank Corp. is 131414 which is 38.04% below its average volume of 212084.
As stated by Morningstar, Inc., the next dividend payment is on Jun 24, 2021, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 2.57%.
Independent Bank Corp.'s sales growth this year is anticipated to be 2.1% and 36.8% for next year.
Year-on-year quarterly revenue growth grew by 31.3%, now sitting on 455.02M for the twelve trailing months.
Independent Bank Corp.'s sales growth is negative 1.1% for the ongoing quarter and negative 5.3% for the next. The company's growth estimates for the current quarter and the next is 42.1% and negative -4.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 8.02%.
Volatility
Independent Bank Corp.'s last day, week, and month's current volatility was 1.53%, 0.89%, and 1.43%, respectively.
Independent Bank Corp.'s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.28% (day), 2.32% (last week), and 3.03% (last month), respectively.
Independent Bank Corp.'s Stock Yearly Top and Bottom Value
Independent Bank Corp.'s stock is valued at $74.70 at 08:23 EST, way under its 52-week high of $99.85 and way higher than its 52-week low of $49.25.
Independent Bank Corp.'s Moving Average
Independent Bank Corp.'s worth is under its 50-day moving average of $78.91 and under its 200-day moving average of $81.27.5. Arthur J. Gallagher & Co. (AJG)
42.26% Payout Ratio
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, and third party claims settlement and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.
Volume
Today's last reported volume for Arthur J. Gallagher & Co. is 920222 which is 20.34% below its average volume of 1155260.
As maintained by Morningstar, Inc., the next dividend payment is on Jun 2, 2021, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 1.32%.
Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 7.08B 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 15.13%.
Volatility
Arthur J. Gallagher & Co.'s last day, week, and month's current volatility was 0.09%, 0.47%, and 0.61%, respectively.
Arthur J. Gallagher & Co.'s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.64% (day), 0.98% (last week), and 1.27% (last month), respectively.
Arthur J. Gallagher & Co.'s Stock Yearly Top and Bottom Value
Arthur J. Gallagher & Co.'s stock is valued at $140.96 at 08:23 EST, under its 52-week high of $154.03 and way above its 52-week low of $96.00.
Arthur J. Gallagher & Co.'s Moving Average
Arthur J. Gallagher & Co.'s worth is under its 50-day moving average of $143.37 and higher than its 200-day moving average of $130.79.6. Gabelli Convertible and Income Securities Fund (GCV)
30.77% Payout Ratio
The Gabelli Convertible and Income Securities Fund Inc. is a closed-ended balanced mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC.
Volume
Today's last reported volume for Gabelli Convertible and Income Securities Fund is 39194 which is 0.05% above its average volume of 39176.
According to Morningstar, Inc., the next dividend payment is on Jun 14, 2021, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 7.4%.
Year-on-year quarterly revenue growth declined by 10%, now sitting on 3.17M 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 19.37%.
Volatility
Gabelli Convertible and Income Securities Fund's last day, week, and month's current volatility was 1.10%, 1.37%, and 1.04%, respectively.
Gabelli Convertible and Income Securities Fund's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.38% (day), 1.78% (last week), and 2.20% (last month), respectively.
Gabelli Convertible and Income Securities Fund's Stock Yearly Top and Bottom Value
Gabelli Convertible and Income Securities Fund's stock is valued at $6.57 at 08:23 EST, below its 52-week high of $6.83 and way above its 52-week low of $5.08.