(VIANEWS) - New Germany Fund (GF), Allete (ALE), Nuveen Municipal Value Fund (NUV) 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 promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. New Germany Fund (GF)
1008.86% Payout Ratio
Deutsche Investment Management Americas Inc. launched the New Germany Fund Inc., a closed-ended equity mutual fund. Deutsche Asset Management International GmbH manages the fund.
Volume
Today's last reported volume for New Germany Fund is 23251, 18.93% above its average volume of 19549.
According to Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 5.64 and the estimated forward annual dividend yield is 64.51%.
Year-on-year quarterly revenue growth declined by 11.5%, now sitting on 3.37M 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 3.09%.
Volatility
New Germany Fund's last day, week, and month's current intraday variation average was 0.11%, 2.21%, and 1.47%, respectively.
New Germany Fund's highest amplitude of average volatility was 0.92% (day), 1.97% (last week), and 1.78% (last month), respectively.
New Germany Fund's Stock Yearly Top and Bottom Value
New Germany Fund's stock is valued at $8.75 at 02:23 EST, way below its 52-week high of $21.37 and higher than its 52-week low of $8.74.
New Germany Fund's Moving Average
New Germany Fund's value is way below its 50-day moving average of $10.03 and way under its 200-day moving average of $14.92.2. Allete (ALE)
72.99% Payout Ratio
ALLETE, Inc. is an energy company.
Volume
Today's last reported volume for Allete is 1118380, 195% above its average volume of 379103.
As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 4.54%.
Allete's sales growth this year is anticipated to be 2.4% and 1.7% for next year.
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 1.46B for the twelve trailing months.
Allete's sales growth for the current quarter is 5.4%. The company's growth estimates for the present quarter and the next is 37.7% and 56.6%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.7%.
Volatility
Allete's last day, week, and month's current intraday variation average was 0.85%, 2.08%, and 1.02%, respectively.
Allete's highest amplitude of average volatility was 4.36% (day), 3.68% (last week), and 2.45% (last month), respectively.
Allete's Stock Yearly Top and Bottom Value
Allete's stock is valued at $57.28 at 02:23 EST, way under its 52-week high of $73.10 and higher than its 52-week low of $56.55.
Allete's Moving Average
Allete's value is under its 50-day moving average of $61.34 and below its 200-day moving average of $62.84.3. Nuveen Municipal Value Fund (NUV)
71.4% Payout Ratio
Nuveen Municipal Value Fund, Inc., a closed-ended mutual fund that provides fixed income, was launched by Nuveen Investments, Inc. Nuveen Asset Management, LLC, and Nuveen Fund Advisors LLC co-manage the fund.
Volume
Today's last reported volume for Nuveen Municipal Value Fund is 288558, 49.72% below its average volume of 573907.
As claimed by Morningstar, Inc., the next dividend payment is on Apr 12, 2022, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 3.64%.
Year-on-year quarterly revenue growth declined by 6%, now sitting on 83.45M 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 4.66%.
Volatility
Nuveen Municipal Value Fund's last day, week, and month's current intraday variation average was 0.98%, 0.58%, and 0.69%, respectively.
Nuveen Municipal Value Fund's highest amplitude of average volatility was 0.98% (day), 1.47% (last week), and 1.38% (last month), respectively.
Nuveen Municipal Value Fund's Stock Yearly Top and Bottom Value
Nuveen Municipal Value Fund's stock is valued at $9.23 at 02:23 EST, way below its 52-week high of $11.94 and higher than its 52-week low of $8.70.
Nuveen Municipal Value Fund's Moving Average
Nuveen Municipal Value Fund's worth is higher than its 50-day moving average of $9.19 and way under its 200-day moving average of $10.27.4. Cass Information Systems (CASS)
52.13% Payout Ratio
Cass Information Systems, Inc. offers payment processing and information services for manufacturing, distribution, retail and other businesses in the United States.
Volume
Today's last reported volume for Cass Information Systems is 40975, 38.96% below its average volume of 67131.
As stated by Morningstar, Inc., the next dividend payment is on Jun 1, 2022, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.29%.
Year-on-year quarterly revenue growth grew by 15.5%, now sitting on 160.89M 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 12.5%.
Volatility
Cass Information Systems's last day, week, and month's current intraday variation average was 2.49%, 0.74%, and 1.33%, respectively.
Cass Information Systems's highest amplitude of average volatility was 2.24% (day), 2.32% (last week), and 3.37% (last month), respectively.
Cass Information Systems's Stock Yearly Top and Bottom Value
Cass Information Systems's stock is valued at $34.94 at 02:24 EST, way below its 52-week high of $48.21 and above its 52-week low of $31.85.
Cass Information Systems's Moving Average
Cass Information Systems's value is below its 50-day moving average of $36.79 and way under its 200-day moving average of $40.48.5. James Hardie Industries plc (JHX)
35.4% Payout Ratio
James Hardie Industries plc and its affiliates manufacture and sell fiber cement siding products and backer boards primarily in America, Canada, Australia and New Zealand.
Volume
Today's last reported volume for James Hardie Industries plc is 49495, 28.69% below its average volume of 69414.
As stated by Morningstar, Inc., the next dividend payment is on Nov 17, 2021, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 1.46%.
Year-on-year quarterly revenue growth grew by 21.9%, now sitting on 3.45B 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 39.47%.
Volatility
James Hardie Industries plc's last day, week, and month's current intraday variation average was 2.08%, 1.76%, and 2.49%, respectively.
James Hardie Industries plc's highest amplitude of average volatility was 1.71% (day), 2.17% (last week), and 2.77% (last month), respectively.
James Hardie Industries plc's Stock Yearly Top and Bottom Value
James Hardie Industries plc's stock is valued at $24.57 at 02:24 EST, way under its 52-week high of $41.85 and above its 52-week low of $24.44.