(VIANEWS) - Invesco Pennsylvania Value Municipal Income Trust (VPV), Harrison (K.J.) & Partners, Inc. (AEE), TrustCo Bank Corp NY (TRST) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. 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 researching 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 Pennsylvania Value Municipal Income Trust (VPV)
395.47% Payout Ratio
Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd.
Volume
Today's last reported volume for Invesco Pennsylvania Value Municipal Income Trust is 19513, 44.76% below its average volume of 35325.
As claimed by Morningstar, Inc., the next dividend payment is on Mar 13, 2018, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.5%.
Year-on-year quarterly revenue growth declined by 14.2%, now sitting on 20.41M 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 1.06%.
Volatility
Invesco Pennsylvania Value Municipal Income Trust's last day, week, and month's current volatility was 0.07%, 0.18%, and 0.24%, respectively.
Invesco Pennsylvania Value 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 0.45% (day), 0.59% (last week), and 0.78% (last month), respectively.
Invesco Pennsylvania Value Municipal Income Trust's Stock Yearly Top and Bottom Value
Invesco Pennsylvania Value Municipal Income Trust's stock is valued at $13.33 at 08:23 EST, under its 52-week high of $13.80 and way above its 52-week low of $11.80.
Invesco Pennsylvania Value Municipal Income Trust's Moving Average
Invesco Pennsylvania Value Municipal Income Trust's worth is below its 50-day moving average of $13.52 and higher than its 200-day moving average of $13.27.2. Harrison (K.J.) & Partners, Inc. (AEE)
57.97% Payout Ratio
Volume
Today's last reported volume for Harrison (K.J.) & Partners, Inc. is 1057530, 0.78% below its average volume of 1065840.
According to Morningstar, Inc., the next dividend payment is on Sep 6, 2021, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 2.58%.
Harrison (K.J.) & Partners, Inc.'s sales growth this year is anticipated to be 6.1% and 4.4% for next year.
Year-on-year quarterly revenue growth grew by 5.5%, now sitting on 5.74B for the twelve trailing months.
Harrison (K.J.) & Partners, Inc.'s sales growth is 7.9% for the ongoing quarter and 5.9% for the next. The company's growth estimates for the present quarter is 8.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 10.4%.
Volatility
Harrison (K.J.) & Partners, Inc.'s last day, week, and month's current volatility was 0.99%, 0.77%, and 0.65%, respectively.
Harrison (K.J.) & Partners, Inc.'s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.17% (day), 1.32% (last week), and 1.25% (last month), respectively.
Harrison (K.J.) & Partners, Inc.'s Stock Yearly Top and Bottom Value
Harrison (K.J.) & Partners, Inc.'s stock is valued at $83.57 at 08:23 EST, below its 52-week high of $90.77 and way higher than its 52-week low of $69.79.
Harrison (K.J.) & Partners, Inc.'s Moving Average
Harrison (K.J.) & Partners, Inc.'s worth is below its 50-day moving average of $87.34 and higher than its 200-day moving average of $83.45.3. TrustCo Bank Corp NY (TRST)
46.64% Payout Ratio
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations.
Volume
Today's last reported volume for TrustCo Bank Corp NY is 70927, 26.15% below its average volume of 96045.
As stated by Morningstar, Inc., the next dividend payment is on Sep 1, 2021, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 4.37%.
TrustCo Bank Corp NY's sales growth this year is anticipated to be 4.3% and 2.8% for next year.
Year-on-year quarterly revenue growth grew by 14.6%, now sitting on 173.15M for the twelve trailing months.
TrustCo Bank Corp NY's sales growth is 4.5% for the ongoing quarter and 2.5% for the next. The company's growth estimates for the current quarter is negative 1.4%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.97%.
Volatility
TrustCo Bank Corp NY's last day, week, and month's current volatility was 1.07%, 1.40%, and 0.95%, respectively.
TrustCo Bank Corp NY's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.44% (day), 2.66% (last week), and 2.06% (last month), respectively.
TrustCo Bank Corp NY's Stock Yearly Top and Bottom Value
TrustCo Bank Corp NY's stock is valued at $31.19 at 08:23 EST, way under its 52-week high of $41.47 and way higher than its 52-week low of $25.95.
TrustCo Bank Corp NY's Moving Average
TrustCo Bank Corp NY's worth is below its 50-day moving average of $32.21 and way below its 200-day moving average of $35.22.Previous days news about TrustCo Bank Corp NY (TRST)
- According to Benzinga on Thursday, 23 September, "GLENVILLE, N.Y., Sept. 23, 2021 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (the "Company") (NASDAQ:TRST) announces that on September 21, 2021Curtis N. Powell was elected to the Board of Directors of the Company and its subsidiary, Trustco Bank."
4. New Mountain Finance Corporation (NMFC)
43.01% Payout Ratio
New Mountain Finance Corporation is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities.
Volume
Today's last reported volume for New Mountain Finance Corporation is 209393, 38.48% below its average volume of 340385.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 14, 2021, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 8.95%.
New Mountain Finance Corporation's sales growth this year is expected to be negative 2.2% and a negative 0.2% for next year.
Year-on-year quarterly revenue growth grew by 0.9%, now sitting on 267.93M for the twelve trailing months.
New Mountain Finance Corporation's sales growth is 2.8% for the ongoing quarter and negative 1.6% for the next. The company's growth estimates for the next quarter is 87.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 23.58%.
Volatility
New Mountain Finance Corporation's last day, week, and month's current volatility was 1.15%, 0.88%, and 0.99%, respectively.
New Mountain Finance Corporation's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.69% (day), 1.82% (last week), and 1.68% (last month), respectively.
New Mountain Finance Corporation's Stock Yearly Top and Bottom Value
New Mountain Finance Corporation's stock is valued at $13.40 at 08:23 EST, below its 52-week high of $13.75 and way above its 52-week low of $8.94.
New Mountain Finance Corporation's Moving Average
New Mountain Finance Corporation's value is higher than its 50-day moving average of $13.36 and higher than its 200-day moving average of $13.15.5. Jerash Holdings (JRSH)
42.55% Payout Ratio
Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear.
Volume
Today's last reported volume for Jerash Holdings is 21987, 29.03% below its average volume of 30982.
As maintained by Morningstar, Inc., the next dividend payment is on Aug 15, 2021, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 2.58%.
Jerash Holdings's sales growth this year is anticipated to be 30.9% and 10.1% for next year.
Year-on-year quarterly revenue growth grew by 59.8%, now sitting on 101.4M for the twelve trailing months.
The company's growth estimates for the ongoing quarter and the next is 39.1% and 300%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.31%.
Volatility
Jerash Holdings's last day, week, and month's current volatility was 0.13%, 1.73%, and 0.80%, respectively.
Jerash Holdings's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 6.49% (day), 4.62% (last week), and 2.90% (last month), respectively.
Jerash Holdings's Stock Yearly Top and Bottom Value
Jerash Holdings's stock is valued at $7.81 at 08:23 EST, below its 52-week high of $8.29 and way higher than its 52-week low of $4.45.