(VIANEWS) – PNM Resources (PNM), Novo Nordisk A/S (NVO), Southside Bancshares (SBSI) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a promise 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. PNM Resources (PNM)

58.85% Payout Ratio

Through its subsidiaries, PNM Resources, Inc. engages in energy-related business in the United States.

Volume

Today’s last reported volume for PNM Resources is 72915, 88.36% below its average volume of 626455.

As claimed by Morningstar, Inc., the next dividend payment is on Apr 27, 2022, the estimated forward annual dividend rate is 1.39 and the estimated forward annual dividend yield is 2.96%.

PNM Resources’s sales growth this year is expected to be 2.3% and 4.1% for next year.

Year-on-year quarterly revenue growth grew by 21.8%, now sitting on 1.86B for the twelve trailing months.

PNM Resources’s sales growth for the next quarter is 3.4%. The company’s growth estimates for the current quarter and the next is negative 3.6% and negative -3.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.78%.

Volatility

PNM Resources’s last day, week, and month’s current intraday variation average was 0.53%, 0.48%, and 0.70%, respectively.

PNM Resources’s highest amplitude of average volatility was 1.01% (day), 0.85% (last week), and 1.33% (last month), respectively.

PNM Resources’s Stock Yearly Top and Bottom Value

PNM Resources’s stock is valued at $47.01 at 20:23 EST, below its 52-week high of $50.11 and higher than its 52-week low of $43.43.

PNM Resources’s Moving Average

PNM Resources’s value is above its 50-day moving average of $46.80 and higher than its 200-day moving average of $46.82.

2. Novo Nordisk A/S (NVO)

47.46% Payout Ratio

Novo Nordisk A/S is a global healthcare company that specializes in research, development and manufacture of pharmaceutical products.

Volume

Today’s last reported volume for Novo Nordisk A/S is 977618, 30.25% below its average volume of 1401730.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 15, 2021, the estimated forward annual dividend rate is 1.47 and the estimated forward annual dividend yield is 1.45%.

Novo Nordisk A/S’s sales growth this year is anticipated to be 7.3% and 8.3% for next year.

Year-on-year quarterly revenue growth grew by 10.1%, now sitting on 129.91B for the twelve trailing months.

Novo Nordisk A/S’s sales growth is 7.9% for the ongoing quarter and 11.2% for the next. The company’s growth estimates for the ongoing quarter and the next is 6.9% and 12.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 70.63%.

Volatility

Novo Nordisk A/S’s last day, week, and month’s current intraday variation average was 0.77%, 0.93%, and 1.55%, respectively.

Novo Nordisk A/S’s highest amplitude of average volatility was 1.20% (day), 1.29% (last week), and 1.72% (last month), respectively.

Novo Nordisk A/S’s Stock Yearly Top and Bottom Value

Novo Nordisk A/S’s stock is valued at $116.95 at 20:23 EST, above its 52-week high of $115.95.

Novo Nordisk A/S’s Moving Average

Novo Nordisk A/S’s worth is above its 50-day moving average of $107.59 and way above its 200-day moving average of $90.32.

3. Southside Bancshares (SBSI)

41.56% Payout Ratio

Southside Bancshares, Inc. is the bank holding company of Southside Bank. It provides financial services for individuals, businesses, municipalities, as well as nonprofits.

Volume

Today’s last reported volume for Southside Bancshares is 73752, 27.8% below its average volume of 102157.

As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2022, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 3.7%.

Southside Bancshares’s sales growth this year is expected to be 13% and 3.9% for next year.

Year-on-year quarterly revenue growth declined by 15.3%, now sitting on 245.12M for the twelve trailing months.

The company’s growth estimates for the current quarter and the next is 15.4% and negative -12.2%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.7%.

Volatility

Southside Bancshares’s last day, week, and month’s current intraday variation average was 1.41%, 0.87%, and 0.90%, respectively.

Southside Bancshares’s highest amplitude of average volatility was 1.26% (day), 1.56% (last week), and 1.93% (last month), respectively.

Southside Bancshares’s Stock Yearly Top and Bottom Value

Southside Bancshares’s stock is valued at $36.20 at 20:23 EST, way under its 52-week high of $45.36 and above its 52-week low of $34.52.

Southside Bancshares’s Moving Average

Southside Bancshares’s worth is below its 50-day moving average of $38.37 and way under its 200-day moving average of $40.61.

4. Schlumberger (SLB)

34.01% Payout Ratio

Schlumberger Limited provides technology to support the global oil and gas industry.

Volume

Today’s last reported volume for Schlumberger is 8949810, 36.04% below its average volume of 13995000.

According to Morningstar, Inc., the next dividend payment is on May 30, 2022, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.72%.

Schlumberger’s sales growth this year is expected to be 19.2% and 14.2% for next year.

Year-on-year quarterly revenue growth grew by 14.1%, now sitting on 23.67B for the twelve trailing months.

Schlumberger’s sales growth for the next quarter is 22.1%. The company’s growth estimates for the present quarter and the next is 42.3% and 53.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.93%.

Volatility

Schlumberger’s last day, week, and month’s current intraday variation average was 1.60%, 2.75%, and 2.39%, respectively.

Schlumberger’s highest amplitude of average volatility was 5.85% (day), 4.69% (last week), and 3.71% (last month), respectively.

Schlumberger’s Stock Yearly Top and Bottom Value

Schlumberger’s stock is valued at $36.52 at 20:23 EST, way under its 52-week high of $49.83 and way higher than its 52-week low of $25.90.

Schlumberger’s Moving Average

Schlumberger’s worth is way below its 50-day moving average of $41.50 and under its 200-day moving average of $36.93.

5. Cohen & Steers Infrastructure Fund (UTF)

33.76% Payout Ratio

Cohen & Steers Infrastructure Fund, Inc., is a closed end equity fund that was launched by Cohen & Steers, Inc. Cohen & Steers Capital Management, Inc. manages the fund. The fund invests in the United States’ public equity markets.

Volume

Today’s last reported volume for Cohen & Steers Infrastructure Fund is 45081, 71.02% below its average volume of 155583.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 15, 2022, the estimated forward annual dividend rate is 1.86 and the estimated forward annual dividend yield is 7.16%.

Year-on-year quarterly revenue growth grew by 28.8%, now sitting on 106.87M 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 20.76%.

Volatility

Cohen & Steers Infrastructure Fund’s last day, week, and month’s current intraday variation average was 0.39%, 0.76%, and 1.08%, respectively.

Cohen & Steers Infrastructure Fund’s highest amplitude of average volatility was 1.39% (day), 1.69% (last week), and 1.94% (last month), respectively.

Cohen & Steers Infrastructure Fund’s Stock Yearly Top and Bottom Value

Cohen & Steers Infrastructure Fund’s stock is valued at $26.45 at 20:23 EST, way below its 52-week high of $29.85 and way higher than its 52-week low of $22.90.

Cohen & Steers Infrastructure Fund’s Moving Average

Cohen & Steers Infrastructure Fund’s worth is higher than its 50-day moving average of $25.91 and below its 200-day moving average of $27.21.