(VIANEWS) – NewJersey Resources Corporation (NJR), Erie Indemnity Company (ERIE), The Hershey Company (HSY) 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. NewJersey Resources Corporation (NJR)

90.26% Payout Ratio

New Jersey Resources Corporation is an energy services holding firm that provides gas distribution and energy services, as well as retail and wholesale.

Volume

Today’s last reported volume for NewJersey Resources Corporation is 2904100, 427.45% above its average volume of 550590.

As stated by Morningstar, Inc., the next dividend payment is on Mar 14, 2022, the estimated forward annual dividend rate is 1.45 and the estimated forward annual dividend yield is 3.19%.

NewJersey Resources Corporation’s sales growth this year is anticipated to be negative 8.3% and 6.9% for next year.

Year-on-year quarterly revenue growth grew by 48.8%, now sitting on 2.38B for the twelve trailing months.

The company’s growth estimates for the present quarter and the next is 56.5% and negative -21.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.68%.

Volatility

NewJersey Resources Corporation’s last day, week, and month’s current intraday variation average was 2.32%, 1.29%, and 1.15%, respectively.

NewJersey Resources Corporation’s highest amplitude of average volatility was 3.14% (day), 2.85% (last week), and 2.40% (last month), respectively.

NewJersey Resources Corporation’s Stock Yearly Top and Bottom Value

NewJersey Resources Corporation’s stock is valued at $43.16 at 20:23 EST, under its 52-week high of $47.50 and way above its 52-week low of $34.41.

NewJersey Resources Corporation’s Moving Average

NewJersey Resources Corporation’s worth is below its 50-day moving average of $44.51 and above its 200-day moving average of $39.95.

2. Erie Indemnity Company (ERIE)

70.89% Payout Ratio

Erie Indemnity Company acts as an attorney-in-fact managing the Erie Insurance Exchange subscribers in the United States.

Volume

Today’s last reported volume for Erie Indemnity Company is 133508, 65.57% above its average volume of 80631.

As stated by Morningstar, Inc., the next dividend payment is on Jan 3, 2022, the estimated forward annual dividend rate is 4.44 and the estimated forward annual dividend yield is 2.4%.

Erie Indemnity Company’s sales growth this year is anticipated to be 3.7% and 4% for next year.

Year-on-year quarterly revenue growth grew by 5.3%, now sitting on 2.61B for the twelve trailing months.

Erie Indemnity Company’s sales growth is 3.7% for the current quarter and 3.7% for the next. The company’s growth estimates for the present quarter and the next is negative 1.7% and 2.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.12%.

Volatility

Erie Indemnity Company’s last day, week, and month’s current intraday variation average was 4.52%, 1.18%, and 1.15%, respectively.

Erie Indemnity Company’s highest amplitude of average volatility was 4.50% (day), 2.19% (last week), and 2.10% (last month), respectively.

Erie Indemnity Company’s Stock Yearly Top and Bottom Value

Erie Indemnity Company’s stock is valued at $178.67 at 20:23 EST, way below its 52-week high of $234.96 and higher than its 52-week low of $164.19.

Erie Indemnity Company’s Moving Average

Erie Indemnity Company’s value is below its 50-day moving average of $178.77 and under its 200-day moving average of $186.97.

3. The Hershey Company (HSY)

46.74% Payout Ratio

Together with its affiliates, The Hershey Company manufactures and markets confectionery products.

Volume

Today’s last reported volume for The Hershey Company is 1141290, 6.64% above its average volume of 1070200.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 18, 2021, the estimated forward annual dividend rate is 3.6 and the estimated forward annual dividend yield is 2.06%.

The Hershey Company’s sales growth this year is anticipated to be 7.7% and 2.8% for next year.

Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 8.69B for the twelve trailing months.

The Hershey Company’s sales growth is 5.8% for the current quarter and 1.7% for the next. The company’s growth estimates for the current quarter and the next is 6.5% and 2.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 71.3%.

Volatility

The Hershey Company’s last day, week, and month’s current intraday variation average was 3.79%, 3.23%, and 1.83%, respectively.

The Hershey Company’s highest amplitude of average volatility was 5.58% (day), 4.81% (last week), and 2.88% (last month), respectively.

The Hershey Company’s Stock Yearly Top and Bottom Value

The Hershey Company’s stock is valued at $220.24 at 20:23 EST, way higher than its 52-week high of $186.77.

The Hershey Company’s Moving Average

The Hershey Company’s worth is way higher than its 50-day moving average of $178.86 and way higher than its 200-day moving average of $172.56.

4. BlackRock Long (BTA)

42.01% Payout Ratio

BlackRock Long-Term Municipal Advantage Trust, a fixed income mutual fund with closed ends, was launched by BlackRock, Inc. BlackRock Advisors, LLC manages it.

Volume

Today’s last reported volume for BlackRock Long is 44762, 35.06% below its average volume of 68929.

As stated by Morningstar, Inc., the next dividend payment is on Apr 12, 2022, the estimated forward annual dividend rate is 0.65 and the estimated forward annual dividend yield is 6.33%.

Year-on-year quarterly revenue growth declined by 0.3%, now sitting on 11.96M 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 11.58%.

Volatility

BlackRock Long’s last day, week, and month’s current intraday variation average was 1.26%, 0.75%, and 1.09%, respectively.

BlackRock Long’s highest amplitude of average volatility was 1.65% (day), 1.43% (last week), and 1.80% (last month), respectively.

BlackRock Long’s Stock Yearly Top and Bottom Value

BlackRock Long’s stock is valued at $10.43 at 20:23 EST, way under its 52-week high of $15.44 and above its 52-week low of $10.32.

BlackRock Long’s Moving Average

BlackRock Long’s value is below its 50-day moving average of $11.52 and way under its 200-day moving average of $13.22.

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