(VIANEWS) - Leggett & Platt (LEG), Chevron (CVX), 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 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 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. Leggett & Platt (LEG)
56.76% Payout Ratio
Leggett & Platt, Incorporated manufactures, markets, and designs engineered products and components worldwide. The company operates in three main segments, including bedding products, specialized products, and furniture, flooring, and textile products. Steel rods, drawn and foam wires as well as foam chemicals and other additives are offered by the company. The company also offers mechanical and pneumatic seat support, massage systems and motors for automobile seating, as well as motors, actuators, cables, titanium, nickel and stainless-steel tubes, formed tubes and tube assemblies and flexible joint parts for fluid conveyance system; engineered hydraulics for OEMs of automotive OEMs and Tier 1 suppliers. The company also offers motion hardware and steel mechanisms for sofas, lift chairs and sleeper couches; springs for soft seating, components, and private label products for soft seating. It also offers hard-surface flooring underlayment and carpet cushion, along with structural fabrics and geo components, to manufacturers of office and upholstered furniture. It was established in Carthage in Missouri in 1883.
Volume
Today's last reported volume for Leggett & Platt is 498798, 48.55% below its average volume of 969484.
As claimed by Morningstar, Inc., the next dividend payment is on Jun 13, 2022, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 4.44%.
Leggett & Platt's sales growth this year is expected to be 4.4% and 1.8% for next year.
Year-on-year quarterly revenue growth grew by 14.9%, now sitting on 5.24B for the twelve trailing months.
Leggett & Platt's sales growth is 8.2% for the current quarter and 0.7% for the next. The company's growth estimates for the ongoing quarter and the next is 6.1% and 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 25.93%.
Volatility
Leggett & Platt's last day, week, and month's current intraday variation average was 1.36%, 1.96%, and 1.47%, respectively.
Leggett & Platt's highest amplitude of average volatility was 2.24% (day), 2.92% (last week), and 2.14% (last month), respectively.
Leggett & Platt's Stock Yearly Top and Bottom Value
Leggett & Platt's stock is valued at $38.30 at 02:24 EST, way under its 52-week high of $49.92 and way above its 52-week low of $33.19.
Leggett & Platt's Moving Average
Leggett & Platt's worth is higher than its 50-day moving average of $37.57 and below its 200-day moving average of $38.75.2. Chevron (CVX)
51.13% Payout Ratio
Through its subsidiaries, Chevron Corporation engages in global integrated energy- and chemical operations. There are two main segments to the company: Upstream and Downstream. The company's Upstream segment deals with the production, exploration, transport, and processing of crude oil and natural gases; as well as transportation and storage of natural gas. Refinery of crude oil is done by the Downstream segment. It also markets crude oil, refined products and lubricants. Transporting crude oil and refined products via pipelines, rail cars, motor vehicles, equipment and rail cars; as well as manufacturing and marketing commodity petrochemicals and plastics for industrial use and fuel additives. The company is involved in cash management, debt financing, insurance operations and real estate. The former name of the company was ChevronTexaco Corporation. In 2005, Chevron Corporation took over its operations. Chevron Corporation was established in San Ramon in California in 1879.
Volume
Today's last reported volume for Chevron is 7291740, 23.19% below its average volume of 9493670.
As maintained by Morningstar, Inc., the next dividend payment is on Aug 17, 2022, the estimated forward annual dividend rate is 5.68 and the estimated forward annual dividend yield is 3.47%.
Chevron's sales growth this year is anticipated to be 43.6% and a negative 8.1% for next year.
Year-on-year quarterly revenue growth grew by 81%, now sitting on 206.1B for the twelve trailing months.
Chevron's sales growth is 65% for the current quarter and 50.2% for the next. The company's growth estimates for the current quarter and the next is 198.2% and 73.6%.
Volatility
Chevron's last day, week, and month's current intraday variation average was 1.62%, 1.30%, and 1.30%, respectively.
Chevron's highest amplitude of average volatility was 3.37% (day), 2.34% (last week), and 2.22% (last month), respectively.
Chevron's Stock Yearly Top and Bottom Value
Chevron's stock is valued at $158.45 at 02:24 EST, way below its 52-week high of $182.40 and way above its 52-week low of $93.31.
Chevron's Moving Average
Chevron's value is above its 50-day moving average of $150.64 and above its 200-day moving average of $146.79.3. TrustCo Bank Corp NY (TRST)
39.32% Payout Ratio
TrustCo Bank Corp NY is the holding company of Trustco Bank. Trustco Bank is a federal savings bank providing personal and business banking to individuals, corporations, partnerships and companies. It accepts deposits and provides loans and investment options. The company also acts as an investment trust for real estate. It acquires and holds real estate assets including mortgage-backed securities and residential mortgage loans. The company also serves as an executor and trustee of personal estates, provides asset and wealth management and estate planning, as well as custodial and other services. It is also a trustee for various employee benefits plans and corporate pensions and profit sharing trusts. It had 148 banks and 164 automated teller machines across New York, New Jersey and Vermont as of December 31, 2020. Glenville is the headquarters of this company, which was established in 1902.
Volume
Today's last reported volume for TrustCo Bank Corp NY is 33808, 54.96% below its average volume of 75077.
As stated by Morningstar, Inc., the next dividend payment is on Jun 1, 2022, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 3.88%.
TrustCo Bank Corp NY's sales growth this year is anticipated to be 7% and 4.7% for next year.
Year-on-year quarterly revenue growth grew by 8.2%, now sitting on 188.75M for the twelve trailing months.
TrustCo Bank Corp NY's sales growth is 2.4% for the present quarter and 10.3% for the next. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.59%.
Volatility
TrustCo Bank Corp NY's last day, week, and month's current intraday variation average was 0.28%, 1.00%, and 0.98%, respectively.
TrustCo Bank Corp NY's highest amplitude of average volatility was 0.87% (day), 1.62% (last week), and 1.87% (last month), respectively.
TrustCo Bank Corp NY's Stock Yearly Top and Bottom Value
TrustCo Bank Corp NY's stock is valued at $35.99 at 02:25 EST, below its 52-week high of $37.10 and way above its 52-week low of $29.50.
TrustCo Bank Corp NY's Moving Average
TrustCo Bank Corp NY's value is way above its 50-day moving average of $32.08 and above its 200-day moving average of $32.75.4. Royce Micro (RMT)
38.89% Payout Ratio
Royce Micro-Cap Trust, Inc., a closed-ended equity mutual funds, was launched by Royce & Associates, LLC. The fund invests in American public equity markets. It invests in stocks that are owned by companies from diverse sectors. The fund invests mainly in value stocks that have a market cap of under $500 million. It benchmarks its portfolio performance against the Russell 2000 Index. Royce Micro-Cap Trust, Inc, was established on December 14, 1993. It is based in the United States.
Volume
Today's last reported volume for Royce Micro is 86418, 27.11% below its average volume of 118569.
As maintained by Morningstar, Inc., the next dividend payment is on Jun 9, 2022, the estimated forward annual dividend rate is 0.95 and the estimated forward annual dividend yield is 10.04%.
Year-on-year quarterly revenue growth grew by 219.8%, now sitting on 8.85M 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 17.22%.
Volatility
Royce Micro's last day, week, and month's current intraday variation average was 3.64%, 1.66%, and 1.16%, respectively.
Royce Micro's highest amplitude of average volatility was 4.51% (day), 2.13% (last week), and 2.03% (last month), respectively.
Royce Micro's Stock Yearly Top and Bottom Value
Royce Micro's stock is valued at $9.33 at 02:25 EST, way under its 52-week high of $12.57 and way above its 52-week low of $8.16.