(VIANEWS) – Enbridge (ENB), First Interstate BancSystem (FIBK), Huntington Bancshares (HBAN) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio up to now. 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. Enbridge (ENB)

116.84% Payout Ratio

Enbridge Inc. is an American energy infrastructure company.

Volume

Today’s last reported volume for Enbridge is 6033790, 72.55% above its average volume of 3496790.

As stated by Morningstar, Inc., the next dividend payment is on Aug 11, 2022, the estimated forward annual dividend rate is 2.68 and the estimated forward annual dividend yield is 5.96%.

Enbridge’s sales growth this year is expected to be 7.4% and 1.3% for next year.

Year-on-year quarterly revenue growth grew by 20.7%, now sitting on 52.3B for the twelve trailing months.

Enbridge’s sales growth for the next quarter is 10.9%. The company’s growth estimates for the ongoing quarter and the next is 3.8% and 14.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.41%.

Volatility

Enbridge’s last day, week, and month’s current intraday variation average was 0.91%, 0.97%, and 1.04%, respectively.

Enbridge’s highest amplitude of average volatility was 1.09% (day), 1.13% (last week), and 1.55% (last month), respectively.

Enbridge’s Stock Yearly Top and Bottom Value

Enbridge’s stock is valued at $44.26 at 02:23 EST, under its 52-week high of $47.67 and way above its 52-week low of $36.21.

Enbridge’s Moving Average

Enbridge’s value is above its 50-day moving average of $43.51 and higher than its 200-day moving average of $42.62.

2. First Interstate BancSystem (FIBK)

85.42% Payout Ratio

First Interstate BancSystem, Inc. is the bank holding company of First Interstate Bank. It provides a range of services and products in banking across the United States.

Volume

Today’s last reported volume for First Interstate BancSystem is 787700, 0.17% below its average volume of 789062.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 7, 2022, the estimated forward annual dividend rate is 1.64 and the estimated forward annual dividend yield is 4.06%.

First Interstate BancSystem’s sales growth this year is anticipated to be 72.6% and 12.5% for next year.

Year-on-year quarterly revenue growth grew by 88.6%, now sitting on 786M for the twelve trailing months.

First Interstate BancSystem’s sales growth is 75.9% for the current quarter and 89.1% for the next. The company’s growth estimates for the ongoing quarter and the next is 15.8% and 14.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.92%.

Volatility

First Interstate BancSystem’s last day, week, and month’s current intraday variation average was 0.52%, 0.70%, and 0.73%, respectively.

First Interstate BancSystem’s highest amplitude of average volatility was 2.82% (day), 2.44% (last week), and 2.22% (last month), respectively.

First Interstate BancSystem’s Stock Yearly Top and Bottom Value

First Interstate BancSystem’s stock is valued at $40.23 at 02:23 EST, way below its 52-week high of $45.91 and way above its 52-week low of $32.40.

First Interstate BancSystem’s Moving Average

First Interstate BancSystem’s value is higher than its 50-day moving average of $37.59 and higher than its 200-day moving average of $38.79.

3. Huntington Bancshares (HBAN)

53.95% Payout Ratio

Huntington Bancshares Incorporated is a holding firm for Huntington National Bank. It provides mortgage, commercial and small-business banking services.

Volume

Today’s last reported volume for Huntington Bancshares is 11192300, 8.44% below its average volume of 12225100.

As stated by Morningstar, Inc., the next dividend payment is on Sep 15, 2022, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 4.67%.

Huntington Bancshares’s sales growth this year is anticipated to be 17.9% and 5.8% for next year.

Year-on-year quarterly revenue growth grew by 56%, now sitting on 6.76B for the twelve trailing months.

Huntington Bancshares’s sales growth for the next quarter is 12.6%. The company’s growth estimates for the ongoing quarter and the next is 77.3% and 50%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.26%.

Volatility

Huntington Bancshares’s last day, week, and month’s current intraday variation average was 1.65%, 1.28%, and 1.72%, respectively.

Huntington Bancshares’s highest amplitude of average volatility was 2.06% (day), 1.91% (last week), and 2.47% (last month), respectively.

Huntington Bancshares’s Stock Yearly Top and Bottom Value

Huntington Bancshares’s stock is valued at $14.20 at 02:23 EST, way under its 52-week high of $17.79 and way higher than its 52-week low of $11.67.

Huntington Bancshares’s Moving Average

Huntington Bancshares’s value is way above its 50-day moving average of $12.81 and under its 200-day moving average of $14.57.

4. Middlesex Water Company (MSEX)

47.67% Payout Ratio

Middlesex Water Company operates and owns regulated wastewater and water utilities.

Volume

Today’s last reported volume for Middlesex Water Company is 177379, 75.77% above its average volume of 100911.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 10, 2022, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 1.22%.

Middlesex Water Company’s sales growth this year is expected to be 17.2% and 4.7% for next year.

Year-on-year quarterly revenue growth grew by 11.2%, now sitting on 146.8M for the twelve trailing months.

Middlesex Water Company’s sales growth is 11.7% for the current quarter and 7.3% for the next. The company’s growth estimates for the ongoing quarter and the next is 12.9% and 32.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.42%.

Volatility

Middlesex Water Company’s last day, week, and month’s current intraday variation average was 0.21%, 1.50%, and 1.23%, respectively.

Middlesex Water Company’s highest amplitude of average volatility was 2.20% (day), 2.23% (last week), and 2.35% (last month), respectively.

Middlesex Water Company’s Stock Yearly Top and Bottom Value

Middlesex Water Company’s stock is valued at $95.11 at 02:23 EST, way below its 52-week high of $121.43 and way higher than its 52-week low of $75.77.

Middlesex Water Company’s Moving Average

Middlesex Water Company’s worth is above its 50-day moving average of $87.04 and under its 200-day moving average of $98.22.

5. Mercantile Bank Corporation (MBWM)

38.61% Payout Ratio

Mercantile Bank Corporation is the bank holding company of Mercantile Bank of Michigan. It provides retail and commercial banking services to small and medium-sized companies and individuals throughout the United States.

Volume

Today’s last reported volume for Mercantile Bank Corporation is 33988, 7% below its average volume of 36548.

As stated by Morningstar, Inc., the next dividend payment is on Aug 31, 2022, the estimated forward annual dividend rate is 1.28 and the estimated forward annual dividend yield is 3.61%.

Mercantile Bank Corporation’s sales growth this year is expected to be 0.6% and 14.8% for next year.

Year-on-year quarterly revenue growth declined by 14.3%, now sitting on 174.39M for the twelve trailing months.

Mercantile Bank Corporation’s sales growth is 15.1% for the current quarter and 14.6% for the next. The company’s growth estimates for the present quarter and the next is 2.1% and 19.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.33%.

Volatility

Mercantile Bank Corporation’s last day, week, and month’s current intraday variation average was 0.31%, 1.10%, and 1.23%, respectively.

Mercantile Bank Corporation’s highest amplitude of average volatility was 0.91% (day), 1.18% (last week), and 2.17% (last month), respectively.

Mercantile Bank Corporation’s Stock Yearly Top and Bottom Value

Mercantile Bank Corporation’s stock is valued at $35.44 at 02:23 EST, way under its 52-week high of $40.01 and way higher than its 52-week low of $29.11.

Mercantile Bank Corporation’s Moving Average

Mercantile Bank Corporation’s worth is higher than its 50-day moving average of $32.29 and higher than its 200-day moving average of $34.71.

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