(VIANEWS) – Invesco Quality Municipal Income Trust (IQI), Broadcom (AVGO), Ellington Residential Mortgage REIT (EARN) are the highest payout ratio stocks on this list.

We have gathered 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 researching 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. Invesco Quality Municipal Income Trust (IQI)

678.67% Payout Ratio

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

Volume

Today’s last reported volume for Invesco Quality Municipal Income Trust is 51174, 32.82% below its average volume of 76176.

According to Morningstar, Inc., the next dividend payment is on Mar 13, 2018, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 4.43%.

Year-on-year quarterly revenue growth declined by 6.4%, now sitting on 44.68M 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 0.61%.

Volatility

Invesco Quality Municipal Income Trust’s last day, week, and month’s current volatility was 0.44%, 0.42%, and 0.43%, respectively.

Invesco Quality 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 0.88% (day), 0.73% (last week), and 0.78% (last month), respectively.

Invesco Quality Municipal Income Trust’s Stock Yearly Top and Bottom Value

Invesco Quality Municipal Income Trust’s stock is valued at $13.79 at 02:23 EST, below its 52-week high of $13.98 and way above its 52-week low of $12.06.

Invesco Quality Municipal Income Trust’s Moving Average

Invesco Quality Municipal Income Trust’s worth is above its 50-day moving average of $13.62 and higher than its 200-day moving average of $13.20.

2. Broadcom (AVGO)

127.32% Payout Ratio

Broadcom Inc. designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.

Volume

Today’s last reported volume for Broadcom is 569893, 65.23% below its average volume of 1639410.

According to Morningstar, Inc., the next dividend payment is on Jun 20, 2021, the estimated forward annual dividend rate is 14.4 and the estimated forward annual dividend yield is 3.09%.

Broadcom’s sales growth this year is expected to be 14.1% and 5.7% for next year.

Year-on-year quarterly revenue growth grew by 15.1%, now sitting on 25.55B for the twelve trailing months.

Broadcom’s sales growth for the next quarter is 11.6%. The company’s growth estimates for the current quarter and the next is 26.9% and 17.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.38%.

Volatility

Broadcom’s last day, week, and month’s current volatility was 0.46%, 0.25%, and 0.82%, respectively.

Broadcom’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.84% (day), 1.25% (last week), and 1.86% (last month), respectively.

Broadcom’s Stock Yearly Top and Bottom Value

Broadcom’s stock is valued at $484.68 at 02:23 EST, below its 52-week high of $495.14 and way higher than its 52-week low of $322.76.

Broadcom’s Moving Average

Broadcom’s value is higher than its 50-day moving average of $476.26 and higher than its 200-day moving average of $467.42.

3. Ellington Residential Mortgage REIT (EARN)

126.67% Payout Ratio

Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets.

Volume

Today’s last reported volume for Ellington Residential Mortgage REIT is 104419, 58.04% below its average volume of 248912.

As maintained by Morningstar, Inc., the next dividend payment is on Jun 28, 2021, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 10.75%.

Year-on-year quarterly revenue growth grew by 2120.2%, now sitting on 28.77M for the twelve trailing months.

Ellington Residential Mortgage REIT’s sales growth is 84.4% for the current quarter and negative 21.4% for the next. The company’s growth estimates for the current quarter and the next is 23.1% and negative -20.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.95%.

Volatility

Ellington Residential Mortgage REIT’s last day, week, and month’s current volatility was 1.00%, 0.74%, and 1.19%, respectively.

Ellington Residential Mortgage REIT’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.27% (day), 1.82% (last week), and 2.21% (last month), respectively.

Ellington Residential Mortgage REIT’s Stock Yearly Top and Bottom Value

Ellington Residential Mortgage REIT’s stock is valued at $11.16 at 02:23 EST, way below its 52-week high of $13.92 and higher than its 52-week low of $10.56.

Ellington Residential Mortgage REIT’s Moving Average

Ellington Residential Mortgage REIT’s worth is under its 50-day moving average of $11.48 and below its 200-day moving average of $12.15.

4. North European Oil Royality Trust (NRT)

90.32% Payout Ratio

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany.

Volume

Today’s last reported volume for North European Oil Royality Trust is 15055, 47.7% below its average volume of 28790.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 11, 2021, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 8.17%.

Year-on-year quarterly revenue growth grew by 9.7%, now sitting on 3.43M 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 1965.81%.

Volatility

North European Oil Royality Trust’s last day, week, and month’s current volatility was 0.82%, 1.33%, and 2.64%, respectively.

North European Oil Royality Trust’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.01% (day), 4.19% (last week), and 4.18% (last month), respectively.

North European Oil Royality Trust’s Stock Yearly Top and Bottom Value

North European Oil Royality Trust’s stock is valued at $7.40 at 02:23 EST, under its 52-week high of $7.80 and way higher than its 52-week low of $2.78.

North European Oil Royality Trust’s Moving Average

North European Oil Royality Trust’s worth is above its 50-day moving average of $7.01 and way above its 200-day moving average of $5.44.

5. Franklin Resources (BEN)

57.02% Payout Ratio

Franklin Resources, Inc. is a publicly owned asset management holding company.

Volume

Today’s last reported volume for Franklin Resources is 2853130, 0.88% above its average volume of 2828110.

According to Morningstar, Inc., the next dividend payment is on Jun 28, 2021, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.54%.

Franklin Resources’s sales growth this year is anticipated to be 47.6% and 1.5% for next year.

Year-on-year quarterly revenue growth grew by 87.1%, now sitting on 7.95B for the twelve trailing months.

Franklin Resources’s sales growth for the next quarter is 24.1%. The company’s growth estimates for the present quarter and the next is 14.3% and 53.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.22%.

Volatility

Franklin Resources’s last day, week, and month’s current volatility was 2.00%, 1.54%, and 1.80%, respectively.

Franklin Resources’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.79% (day), 2.75% (last week), and 2.77% (last month), respectively.

Franklin Resources’s Stock Yearly Top and Bottom Value

Franklin Resources’s stock is valued at $31.66 at 02:23 EST, way under its 52-week high of $35.94 and way higher than its 52-week low of $17.97.

Franklin Resources’s Moving Average

Franklin Resources’s value is higher than its 50-day moving average of $30.91 and higher than its 200-day moving average of $30.32.

6. MDU Resources Group (MDU)

40.38% Payout Ratio

MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States.

Volume

Today’s last reported volume for MDU Resources Group is 1179540, 24.77% above its average volume of 945355.

As stated by Morningstar, Inc., the next dividend payment is on Jun 8, 2021, the estimated forward annual dividend rate is 0.85 and the estimated forward annual dividend yield is 2.76%.

MDU Resources Group’s sales growth this year is expected to be 7.5% and 5.5% for next year.

Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 5.56B for the twelve trailing months.

MDU Resources Group’s sales growth is 9.1% for the present quarter and 31.1% for the next. The company’s growth estimates for the current quarter and the next is 6% and 6.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.05%.

Volatility

MDU Resources Group’s last day, week, and month’s current volatility was 2.21%, 1.08%, and 0.94%, respectively.

MDU Resources Group’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.16% (day), 2.81% (last week), and 2.08% (last month), respectively.

MDU Resources Group’s Stock Yearly Top and Bottom Value

MDU Resources Group’s stock is valued at $32.88 at 02:23 EST, below its 52-week high of $35.02 and way above its 52-week low of $21.41.

MDU Resources Group’s Moving Average

MDU Resources Group’s worth is higher than its 50-day moving average of $31.49 and higher than its 200-day moving average of $31.28.

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