(VIANEWS) - Invesco Trust for Investment Grade New York Municipals (VTN), Macerich Company (MAC), Auburn National Bancorporation (AUBN) 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 promise 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 Trust for Investment Grade New York Municipals (VTN)
2858% Payout Ratio
Invesco Trust for Investment Grade New York Municipals was launched in 2012 by Invesco Ltd. It is closed-ended, fixed income mutual fund. Invesco Advisers, Inc., INVESCO Asset Management Japan Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management Canada Ltd., Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc. manage the fund. The fund invests in fixed income markets across the United States. It invests primarily in New York's investment-grade municipal securities, which includes municipal bonds, municipal commercial papers, and lease obligations. To create its portfolio, it combines fundamental analysis and a bottom-up security selection process. The former name of the fund was Invesco Van Kampen trust for investment grade New York municipals. Invesco Trust for Investment Grade New York Municipals, which was established on March 27, 1992, is based in the United States.
Volume
Today's last reported volume for Invesco Trust for Investment Grade New York Municipals is 27582, 20.15% below its average volume of 34545.
According to Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 0.51 and the estimated forward annual dividend yield is 4.86%.
Year-on-year quarterly revenue growth declined by 10.6%, now sitting on 14.84M 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 0.17%.
Volatility
Invesco Trust for Investment Grade New York Municipals's last day, week, and month's current intraday variation average was 1.17%, 0.52%, and 0.69%, respectively.
Invesco Trust for Investment Grade New York Municipals's highest amplitude of average volatility was 1.17% (day), 1.32% (last week), and 1.42% (last month), respectively.
Invesco Trust for Investment Grade New York Municipals's Stock Yearly Top and Bottom Value
Invesco Trust for Investment Grade New York Municipals's stock is valued at $10.27 at 08:23 EST, way below its 52-week high of $13.94 and higher than its 52-week low of $10.06.
Invesco Trust for Investment Grade New York Municipals's Moving Average
Invesco Trust for Investment Grade New York Municipals's value is under its 50-day moving average of $10.83 and way below its 200-day moving average of $11.63.2. Macerich Company (MAC)
250% Payout Ratio
Macerich, a fully-integrated, self-managed, and self-administered trust in real estate investing, focuses on acquisition, leasing and management of regional malls across the United States. Macerich owns 51,000,000 square feet of real property, mainly in 47 regional malls. Macerich is a specialist in retail property development in some of the most desirable, densely populated areas in America. He has a significant presence on the West Coast, Arizona, Chicago, and Metro New York-DC corridor. Macerich is a leader in sustainability and has been ranked #1 GRESB in North American Retail Sector (2015-2019).
Volume
Today's last reported volume for Macerich Company is 1723240, 25.17% below its average volume of 2303150.
As maintained by Morningstar, Inc., the next dividend payment is on Aug 17, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 6.09%.
Macerich Company's sales growth this year is expected to be negative 5.8% and 2.6% for next year.
Year-on-year quarterly revenue growth declined by 10.6%, now sitting on 837.61M for the twelve trailing months.
Macerich Company's sales growth is negative 3.8% for the present quarter and negative 2.8% for the next. The company's growth estimates for the current quarter and the next is negative 104% and 150%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1.07%.
Volatility
Macerich Company's last day, week, and month's current intraday variation average was 0.91%, 1.78%, and 1.92%, respectively.
Macerich Company's highest amplitude of average volatility was 2.95% (day), 3.32% (last week), and 3.25% (last month), respectively.
Macerich Company's Stock Yearly Top and Bottom Value
Macerich Company's stock is valued at $9.95 at 08:24 EST, way under its 52-week high of $22.88 and way higher than its 52-week low of $8.42.
Macerich Company's Moving Average
Macerich Company's value is below its 50-day moving average of $10.03 and way below its 200-day moving average of $13.60.3. Auburn National Bancorporation (AUBN)
48.61% Payout Ratio
Auburn National Bancorporation, Inc. is the bank holding firm for AuburnBank, which provides various banking services and products in East Alabama. Deposit products offered by the company include transaction, saving, and checking deposit accounts. Certificates of deposit are also available. The company also offers commercial, financial and agricultural loan products, residential mortgage loans services, as well as other financial services. The company also offers safe deposit boxes, online banking and bill payment; automated teller services, debit cards, online banking and electronic billing. The company has seven branches that provide full service in Auburn, Opelika and Notasulga as well as an office for loan production in Phenix City. Auburn National Bancorporation, Inc., was established in 1907, and has its headquarters in Auburn, Alabama.
Volume
Today's last reported volume for Auburn National Bancorporation is 5365, 81.18% above its average volume of 2961.
As stated by Morningstar, Inc., the next dividend payment is on Jun 8, 2022, the estimated forward annual dividend rate is 1.06 and the estimated forward annual dividend yield is 3.9%.
Year-on-year quarterly revenue growth declined by 6%, now sitting on 28.51M for the twelve trailing months.
Volatility
Auburn National Bancorporation's last day, week, and month's current intraday variation average was 1.62%, 2.11%, and 1.43%, respectively.
Auburn National Bancorporation's highest amplitude of average volatility was 2.71% (day), 3.31% (last week), and 1.71% (last month), respectively.
Auburn National Bancorporation's Stock Yearly Top and Bottom Value
Auburn National Bancorporation's stock is valued at $24.73 at 08:24 EST, below its 52-week low of $24.73.
Auburn National Bancorporation's Moving Average
Auburn National Bancorporation's value is below its 50-day moving average of $27.18 and way below its 200-day moving average of $30.73.4. Richmond Mutual Bancorporation (RMBI)
30.39% Payout Ratio
Richmond Mutual Bancorporation, Inc. is a holding firm for First Bank Richmond, which provides various banking services. It accepts deposits from various sources, such as savings, demand, or money market accounts. The company also provides a variety of loans products such as commercial, multifamily, industrial, commercial, development, residential, mortgage loans and consumer loans. The company also offers lease financing services. It provides fee-based services that include trust and estate administration and investment management. Retirement plan administration and private banking services. The company operates 12 full-service and 1 limited-service bank offices, with 7 full-service and 1 limited-service locations in Indiana and 5 offices situated in Ohio. Two offices are in Sidney, Ohio, two in Centerville and two in Richmond. One full-service branch office is located in Richmond and the other four in Shelbyville. There are also two additional offices in Indiana, Indiana, Shelbyville and two in Ohio. Richmond Mutual Bancorporation, Inc. is an Indiana-based bank founded in 1887.
Volume
Today's last reported volume for Richmond Mutual Bancorporation is 268, 95.42% below its average volume of 5855.
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 2.9%.
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 44.83M 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 7.65%.
Volatility
Richmond Mutual Bancorporation's last day, week, and month's current intraday variation average was 1.02%, 0.51%, and 0.75%, respectively.
Richmond Mutual Bancorporation's highest amplitude of average volatility was 1.69% (day), 0.86% (last week), and 1.17% (last month), respectively.
Richmond Mutual Bancorporation's Stock Yearly Top and Bottom Value
Richmond Mutual Bancorporation's stock is valued at $13.77 at 08:25 EST, way below its 52-week high of $18.16 and above its 52-week low of $13.01.