(VIANEWS) – MFS Intermediate Income Trust (MIN), TrustCo Bank Corp NY (TRST), City Holding Company (CHCO) 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 guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. MFS Intermediate Income Trust (MIN)
223.77% Payout Ratio
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company.
Volume
Today’s last reported volume for MFS Intermediate Income Trust is 238616, 36.73% below its average volume of 377152.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2021, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 8.69%.
Year-on-year quarterly revenue growth declined by 12.1%, now sitting on 12.94M for the twelve trailing months.
Volatility
MFS Intermediate Income Trust’s last day, week, and month’s current intraday variation average was 0.84%, 0.50%, and 0.47%, respectively.
MFS Intermediate Income Trust’s highest amplitude of average volatility was 0.84% (day), 0.89% (last week), and 0.90% (last month), respectively.
MFS Intermediate Income Trust’s Stock Yearly Top and Bottom Value
MFS Intermediate Income Trust’s stock is valued at $3.57 at 01:23 EST, below its 52-week high of $3.84 and higher than its 52-week low of $3.55.
MFS Intermediate Income Trust’s Moving Average
MFS Intermediate Income Trust’s worth is below its 50-day moving average of $3.61 and below its 200-day moving average of $3.67.
2. TrustCo Bank Corp NY (TRST)
46.64% Payout Ratio
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations.
Volume
Today’s last reported volume for TrustCo Bank Corp NY is 9663, 87.81% below its average volume of 79292.
As stated by Morningstar, Inc., the next dividend payment is on Sep 1, 2021, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 4.09%.
TrustCo Bank Corp NY’s sales growth this year is anticipated to be 4.3% and 2.8% for next year.
Year-on-year quarterly revenue growth grew by 14.6%, now sitting on 173.15M for the twelve trailing months.
TrustCo Bank Corp NY’s sales growth is 4.5% for the ongoing quarter and 2.5% for the next. The company’s growth estimates for the present quarter is 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 9.97%.
Volatility
TrustCo Bank Corp NY’s last day, week, and month’s current intraday variation average was 0.46%, 0.44%, and 1.05%, respectively.
TrustCo Bank Corp NY’s highest amplitude of average volatility was 1.55% (day), 2.60% (last week), and 2.84% (last month), respectively.
TrustCo Bank Corp NY’s Stock Yearly Top and Bottom Value
TrustCo Bank Corp NY’s stock is valued at $33.01 at 01:23 EST, way under its 52-week high of $41.47 and way higher than its 52-week low of $29.78.
TrustCo Bank Corp NY’s Moving Average
TrustCo Bank Corp NY’s worth is below its 50-day moving average of $33.28 and under its 200-day moving average of $34.53.
3. City Holding Company (CHCO)
43.31% Payout Ratio
City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust and investment management, and other financial solutions in the United States.
Volume
Today’s last reported volume for City Holding Company is 312611, 508.59% above its average volume of 51366.
According to Morningstar, Inc., the next dividend payment is on Jul 13, 2021, the estimated forward annual dividend rate is 2.32 and the estimated forward annual dividend yield is 3.1%.
City Holding Company’s sales growth this year is anticipated to be negative 7% and 1.4% for next year.
Year-on-year quarterly revenue growth grew by 11.5%, now sitting on 221.34M for the twelve trailing months.
City Holding Company’s sales growth for the next quarter is negative 0.5%. The company’s growth estimates for the present quarter and the next is negative 0.8% and negative -12.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.14%.
Volatility
City Holding Company’s last day, week, and month’s current intraday variation average was 0.68%, 1.10%, and 1.13%, respectively.
City Holding Company’s highest amplitude of average volatility was 3.18% (day), 2.74% (last week), and 2.48% (last month), respectively.
City Holding Company’s Stock Yearly Top and Bottom Value
City Holding Company’s stock is valued at $81.11 at 01:23 EST, below its 52-week high of $88.49 and way above its 52-week low of $66.85.
City Holding Company’s Moving Average
City Holding Company’s worth is above its 50-day moving average of $80.20 and higher than its 200-day moving average of $78.71.
4. First Bancorp (FNLC)
30.62% Payout Ratio
The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.
Volume
Today’s last reported volume for First Bancorp is 13229, 23.74% below its average volume of 17349.
As claimed by Morningstar, Inc., the next dividend payment is on Oct 7, 2021, the estimated forward annual dividend rate is 1.28 and the estimated forward annual dividend yield is 4.18%.
Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 80.29M 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 14.71%.
Volatility
First Bancorp’s last day, week, and month’s current intraday variation average was 0.77%, 1.73%, and 1.86%, respectively.
First Bancorp’s highest amplitude of average volatility was 2.32% (day), 4.02% (last week), and 3.94% (last month), respectively.
First Bancorp’s Stock Yearly Top and Bottom Value
First Bancorp’s stock is valued at $29.80 at 01:23 EST, under its 52-week high of $32.63 and way higher than its 52-week low of $23.40.
First Bancorp’s Moving Average
First Bancorp’s value is below its 50-day moving average of $30.32 and above its 200-day moving average of $29.64.
5. Star Gas Partners, L.P. (SGU)
30.22% Payout Ratio
Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States.
Volume
Today’s last reported volume for Star Gas Partners, L.P. is 73801, 52.46% above its average volume of 48406.
As maintained by Morningstar, Inc., the next dividend payment is on Oct 28, 2021, the estimated forward annual dividend rate is 0.57 and the estimated forward annual dividend yield is 5.45%.
Year-on-year quarterly revenue growth grew by 29.1%, now sitting on 1.5B 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 32.86%.
Volatility
Star Gas Partners, L.P.’s last day, week, and month’s current intraday variation average was 1.05%, 1.03%, and 1.81%, respectively.
Star Gas Partners, L.P.’s highest amplitude of average volatility was 1.91% (day), 2.49% (last week), and 3.18% (last month), respectively.
Star Gas Partners, L.P.’s Stock Yearly Top and Bottom Value
Star Gas Partners, L.P.’s stock is valued at $10.50 at 01:23 EST, way below its 52-week high of $12.03 and way above its 52-week low of $9.07.
Star Gas Partners, L.P.’s Moving Average
Star Gas Partners, L.P.’s worth is below its 50-day moving average of $10.75 and below its 200-day moving average of $10.78.
