(VIANEWS) – Lake Shore Bancorp (LSBK), Prudential Global Short Duration High Yield Fund (GHY), John Hancock Tax (HTY) 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 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. Lake Shore Bancorp (LSBK)

55.79% Payout Ratio

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services.

Volume

Today’s last reported volume for Lake Shore Bancorp is 186, 86.21% below its average volume of 1349.

According to Morningstar, Inc., the next dividend payment is on Nov 7, 2021, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.67%.

Year-on-year quarterly revenue growth grew by 21.7%, now sitting on 23.85M 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 6.55%.

Lake Shore Bancorp’s Stock Yearly Top and Bottom Value

Lake Shore Bancorp’s stock is valued at $14.76 at 13:23 EST, under its 52-week high of $16.00 and way higher than its 52-week low of $12.90.

Lake Shore Bancorp’s Moving Average

Lake Shore Bancorp’s worth is under its 50-day moving average of $15.08 and below its 200-day moving average of $14.93.

2. Prudential Global Short Duration High Yield Fund (GHY)

51.01% Payout Ratio

PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC.

Volume

Today’s last reported volume for Prudential Global Short Duration High Yield Fund is 93980, 24.38% below its average volume of 124291.

As maintained by Morningstar, Inc., the next dividend payment is on Feb 9, 2022, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 8.36%.

Volatility

Prudential Global Short Duration High Yield Fund’s last day, week, and month’s current intraday variation average was 0.27%, 0.76%, and 0.48%, respectively.

Prudential Global Short Duration High Yield Fund’s highest amplitude of average volatility was 1.15% (day), 1.40% (last week), and 1.09% (last month), respectively.

Prudential Global Short Duration High Yield Fund’s Stock Yearly Top and Bottom Value

Prudential Global Short Duration High Yield Fund’s stock is valued at $14.75 at 13:23 EST, below its 52-week high of $16.10 and higher than its 52-week low of $14.43.

Prudential Global Short Duration High Yield Fund’s Moving Average

Prudential Global Short Duration High Yield Fund’s worth is below its 50-day moving average of $15.17 and below its 200-day moving average of $15.45.

3. John Hancock Tax (HTY)

48.12% Payout Ratio

John Hancock Investments – John Hancock Tax-Advantaged Global Shareholder Yield Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC.

Volume

Today’s last reported volume for John Hancock Tax is 49432, 17.7% below its average volume of 60067.

As stated by Morningstar, Inc., the next dividend payment is on Dec 9, 2021, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 9.57%.

Volatility

John Hancock Tax’s last day, week, and month’s current intraday variation average was 2.61%, 0.88%, and 0.77%, respectively.

John Hancock Tax’s highest amplitude of average volatility was 2.76% (day), 1.75% (last week), and 1.50% (last month), respectively.

John Hancock Tax’s Stock Yearly Top and Bottom Value

John Hancock Tax’s stock is valued at $6.52 at 13:23 EST, below its 52-week high of $7.04 and way above its 52-week low of $5.53.

John Hancock Tax’s Moving Average

John Hancock Tax’s worth is higher than its 50-day moving average of $6.51 and below its 200-day moving average of $6.59.

4. OceanFirst Financial Corp. (OCFC)

35.05% Payout Ratio

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services.

Volume

Today’s last reported volume for OceanFirst Financial Corp. is 340689, 38.94% above its average volume of 245192.

As stated by Morningstar, Inc., the next dividend payment is on Nov 4, 2021, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 2.95%.

OceanFirst Financial Corp.’s sales growth this year is anticipated to be negative 2.6% and 20.2% for next year.

Year-on-year quarterly revenue growth grew by 83.1%, now sitting on 391.93M for the twelve trailing months.

OceanFirst Financial Corp.’s sales growth is 4.4% for the present quarter and 8.2% for the next. The company’s growth estimates for the ongoing quarter and the next is 12.8% and 2.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.1%.

Volatility

OceanFirst Financial Corp.’s last day, week, and month’s current intraday variation average was 1.20%, 1.32%, and 0.99%, respectively.

OceanFirst Financial Corp.’s highest amplitude of average volatility was 2.33% (day), 2.09% (last week), and 2.36% (last month), respectively.

OceanFirst Financial Corp.’s Stock Yearly Top and Bottom Value

OceanFirst Financial Corp.’s stock is valued at $23.70 at 13:23 EST, below its 52-week high of $25.76 and way above its 52-week low of $18.06.

OceanFirst Financial Corp.’s Moving Average

OceanFirst Financial Corp.’s worth is higher than its 50-day moving average of $21.89 and above its 200-day moving average of $21.65.

Previous days news about OceanFirst Financial Corp. (OCFC)

  • Oceanfirst financial corp. declares quarterly cash dividend for series A preferred stock. According to Benzinga on Friday, 21 January, "RED BANK, N.J., Jan. 21, 2022 (GLOBE NEWSWIRE) — OceanFirst Financial Corp. (NASDAQ:"OCFC"), (the "Company"), announced that its Board of Directors has declared a quarterly cash dividend of $0.4375 per share for every depositary share, representing 1/40th interest in the Series A Preferred Stock, payable on February15, 2022 to stockholders of record on January31, 2022."

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