(VIANEWS) – Invesco Municipal Trust (VKQ), Ritchie Bros. Auctioneers Incorporated (RBA), Independent Bank Corp. (INDB) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.

1. Invesco Municipal Trust (VKQ)

507% Payout Ratio

Invesco Municipal Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd.

Volume

Today’s last reported volume for Invesco Municipal Trust is 86569, 15.88% above its average volume of 74704.

As maintained by Morningstar, Inc., the next dividend payment is on Mar 13, 2018, the estimated forward annual dividend rate is 0.63 and the estimated forward annual dividend yield is 4.46%.

Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 47.63M 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 0.86%.

Volatility

Invesco Municipal Trust’s last day, week, and month’s current volatility was 0.50%, 0.44%, and 0.26%, respectively.

Invesco Municipal Trust’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.64% (day), 0.79% (last week), and 0.63% (last month), respectively.

Invesco Municipal Trust’s Stock Yearly Top and Bottom Value

Invesco Municipal Trust’s stock is valued at $13.78 at 14:23 EST, below its 52-week high of $14.15 and way higher than its 52-week low of $11.86.

Invesco Municipal Trust’s Moving Average

Invesco Municipal Trust’s value is below its 50-day moving average of $13.89 and higher than its 200-day moving average of $13.53.

2. Ritchie Bros. Auctioneers Incorporated (RBA)

54.43% Payout Ratio

Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services.

Volume

Today’s last reported volume for Ritchie Bros. Auctioneers Incorporated is 204273, 53.52% below its average volume of 439573.

As maintained by Morningstar, Inc., the next dividend payment is on May 24, 2021, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 1.48%.

Ritchie Bros. Auctioneers Incorporated’s sales growth this year is expected to be 5.9% and 11.3% for next year.

Year-on-year quarterly revenue growth grew by 21.3%, now sitting on 1.44B for the twelve trailing months.

Ritchie Bros. Auctioneers Incorporated’s sales growth is negative 1.8% for the present quarter and 4.9% for the next. The company’s growth estimates for the ongoing quarter and the next is negative 25% and 14.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.93%.

Volatility

Ritchie Bros. Auctioneers Incorporated’s last day, week, and month’s current volatility was 1.55%, 1.32%, and 1.07%, respectively.

Ritchie Bros. Auctioneers Incorporated’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.47% (day), 1.72% (last week), and 2.30% (last month), respectively.

Ritchie Bros. Auctioneers Incorporated’s Stock Yearly Top and Bottom Value

Ritchie Bros. Auctioneers Incorporated’s stock is valued at $63.76 at 14:23 EST, way below its 52-week high of $78.64 and way higher than its 52-week low of $50.61.

Ritchie Bros. Auctioneers Incorporated’s Moving Average

Ritchie Bros. Auctioneers Incorporated’s value is above its 50-day moving average of $61.29 and higher than its 200-day moving average of $60.21.

3. 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 98356, 46.91% below its average volume of 185273.

According to 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 2.66%.

Independent Bank Corp.’s sales growth this year is anticipated to be 3.1% and 35.3% 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 5.1% for the present quarter and 15.1% for the next. The company’s growth estimates for the ongoing quarter and the next is negative 3.8% and negative -7.7%. 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 0.77%, 0.78%, and 1.12%, 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 1.73% (day), 1.99% (last week), and 2.13% (last month), respectively.

Independent Bank Corp.’s Stock Yearly Top and Bottom Value

Independent Bank Corp.’s stock is valued at $69.43 at 14:23 EST, way below 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 below its 50-day moving average of $74.40 and way under its 200-day moving average of $79.39.

4. First Community Corporation (FCCO)

31.17% Payout Ratio

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals.

Volume

Today’s last reported volume for First Community Corporation is 1686, 94.71% below its average volume of 31884.

As stated by Morningstar, Inc., the next dividend payment is on May 2, 2021, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 2.4%.

First Community Corporation’s sales growth this year is expected to be 7.4% and 1.6% for next year.

Year-on-year quarterly revenue growth grew by 21.4%, now sitting on 52.23M for the twelve trailing months.

First Community Corporation’s sales growth for the next quarter is 2.3%. The company’s growth estimates for the current quarter is 54.8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.99%.

Volatility

First Community Corporation’s last day, week, and month’s current volatility was 6.23%, 1.90%, and 1.53%, respectively.

First Community Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.31% (day), 2.21% (last week), and 2.98% (last month), respectively.

First Community Corporation’s Stock Yearly Top and Bottom Value

First Community Corporation’s stock is valued at $19.10 at 14:23 EST, way below its 52-week high of $22.00 and way higher than its 52-week low of $12.95.

First Community Corporation’s Moving Average

First Community Corporation’s worth is under its 50-day moving average of $20.39 and below its 200-day moving average of $19.88.

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