(VIANEWS) - Gabelli Convertible and Income Securities Fund (GCV), Newmont Mining (NEM), Nuveen Municipal Income Fund (NMI) 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 issue 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. Gabelli Convertible and Income Securities Fund (GCV)
441.67% Payout Ratio
GAMCO Investors, Inc. launched the Gabelli Convertible and Income Securities Fund Inc., a closed-ended, balanced mutual fund. Gabelli Funds, LLC manages the fund.
Volume
Today's last reported volume for Gabelli Convertible and Income Securities Fund is 27289, 14.69% above its average volume of 23793.
As maintained by Morningstar, Inc., the next dividend payment is on Mar 15, 2022, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 8.2%.
Year-on-year quarterly revenue growth declined by 29.1%, now sitting on 2.45M 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 1.53%.
Volatility
Gabelli Convertible and Income Securities Fund's last day, week, and month's current intraday variation average was 0.93%, 1.37%, and 2.33%, respectively.
Gabelli Convertible and Income Securities Fund's highest amplitude of average volatility was 5.86% (day), 3.40% (last week), and 4.43% (last month), respectively.
Gabelli Convertible and Income Securities Fund's Stock Yearly Top and Bottom Value
Gabelli Convertible and Income Securities Fund's stock is valued at $5.42 at 02:23 EST, way under its 52-week high of $7.21 and above its 52-week low of $5.02.
Gabelli Convertible and Income Securities Fund's Moving Average
Gabelli Convertible and Income Securities Fund's value is under its 50-day moving average of $5.75 and way below its 200-day moving average of $6.20.2. Newmont Mining (NEM)
174.6% Payout Ratio
Newmont Corporation engages in the production and exploration of gold, copper, silver, zinc, and lead.
Volume
Today's last reported volume for Newmont Mining is 4899880, 24.05% below its average volume of 6451500.
As stated by Morningstar, Inc., the next dividend payment is on May 31, 2022, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 3.37%.
Newmont Mining's sales growth this year is anticipated to be 9.9% and 0.4% for next year.
Year-on-year quarterly revenue growth grew by 5.3%, now sitting on 12.37B for the twelve trailing months.
The company's growth estimates for the next quarter is 54.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 0.31%.
Volatility
Newmont Mining's last day, week, and month's current intraday variation average was 0.48%, 2.61%, and 1.71%, respectively.
Newmont Mining's highest amplitude of average volatility was 3.30% (day), 3.52% (last week), and 3.23% (last month), respectively.
Newmont Mining's Stock Yearly Top and Bottom Value
Newmont Mining's stock is valued at $54.54 at 02:24 EST, way below its 52-week high of $86.37 and higher than its 52-week low of $52.60.
Newmont Mining's Moving Average
Newmont Mining's value is way below its 50-day moving average of $67.55 and way under its 200-day moving average of $64.33.3. Nuveen Municipal Income Fund (NMI)
65.79% Payout Ratio
Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.
Volume
Today's last reported volume for Nuveen Municipal Income Fund is 8752, 63.3% below its average volume of 23853.
According to Morningstar, Inc., the next dividend payment is on May 11, 2022, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 3.24%.
Year-on-year quarterly revenue growth declined by 5.3%, now sitting on 4.31M 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 4.85%.
Volatility
Nuveen Municipal Income Fund's last day, week, and month's current intraday variation average was 0.11%, 0.67%, and 0.56%, respectively.
Nuveen Municipal Income Fund's highest amplitude of average volatility was 1.59% (day), 1.15% (last week), and 1.16% (last month), respectively.
Nuveen Municipal Income Fund's Stock Yearly Top and Bottom Value
Nuveen Municipal Income Fund's stock is valued at $9.45 at 02:24 EST, way under its 52-week high of $12.83 and higher than its 52-week low of $8.98.
Nuveen Municipal Income Fund's Moving Average
Nuveen Municipal Income Fund's value is higher than its 50-day moving average of $9.36 and way below its 200-day moving average of $10.63.4. Cass Information Systems (CASS)
52.13% Payout Ratio
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States.
Volume
Today's last reported volume for Cass Information Systems is 33614, 38.63% below its average volume of 54775.
As claimed by Morningstar, Inc., the next dividend payment is on Jun 1, 2022, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.33%.
Year-on-year quarterly revenue growth grew by 15.5%, now sitting on 160.89M 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 12.5%.
Volatility
Cass Information Systems's last day, week, and month's current intraday variation average was 0.09%, 0.78%, and 1.43%, respectively.
Cass Information Systems's highest amplitude of average volatility was 1.68% (day), 2.93% (last week), and 2.97% (last month), respectively.
Cass Information Systems's Stock Yearly Top and Bottom Value
Cass Information Systems's stock is valued at $33.65 at 02:24 EST, way below its 52-week high of $46.26 and higher than its 52-week low of $31.85.