(VIANEWS) – Nuveen Multi (JMM), Cross Timbers Royalty Trust (CRT), Accenture (ACN) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio at the moment. 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 researching 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. Nuveen Multi (JMM)

243.85% Payout Ratio

Nuveen Multi-Market Income Fund 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 Multi is 934, 84.39% below its average volume of 5987.

As claimed by Morningstar, Inc., the next dividend payment is on Jul 13, 2021, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 4.8%.

Year-on-year quarterly revenue growth declined by 21.4%, now sitting on 3.99M 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 1.67%.

Volatility

Nuveen Multi’s last day, week, and month’s current volatility was 0.13%, 0.16%, and 0.45%, respectively.

Nuveen Multi’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.40% (day), 0.49% (last week), and 0.95% (last month), respectively.

Nuveen Multi’s Stock Yearly Top and Bottom Value

Nuveen Multi’s stock is valued at $7.48 at 14:23 EST, under its 52-week high of $7.71 and way higher than its 52-week low of $6.42.

Nuveen Multi’s Moving Average

Nuveen Multi’s worth is higher than its 50-day moving average of $7.47 and above its 200-day moving average of $7.42.

2. Cross Timbers Royalty Trust (CRT)

100% Payout Ratio

Cross Timbers Royalty Trust operates as an express trust in the United States.

Volume

Today’s last reported volume for Cross Timbers Royalty Trust is 43167, 0.46% above its average volume of 42968.

As maintained by Morningstar, Inc., the next dividend payment is on Oct 27, 2021, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 7.39%.

Year-on-year quarterly revenue growth grew by 42.6%, now sitting on 5.18M 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 80.66%.

Volatility

Cross Timbers Royalty Trust’s last day, week, and month’s current volatility was 2.11%, 2.02%, and 2.08%, respectively.

Cross Timbers Royalty Trust’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.90% (day), 7.77% (last week), and 4.77% (last month), respectively.

Cross Timbers Royalty Trust’s Stock Yearly Top and Bottom Value

Cross Timbers Royalty Trust’s stock is valued at $13.74 at 14:23 EST, way below its 52-week high of $15.50 and way higher than its 52-week low of $6.42.

Cross Timbers Royalty Trust’s Moving Average

Cross Timbers Royalty Trust’s worth is under its 50-day moving average of $13.98 and way higher than its 200-day moving average of $11.58.

3. Accenture (ACN)

38.44% Payout Ratio

Accenture plc provides consulting, technology, and outsourcing services worldwide.

Volume

Today’s last reported volume for Accenture is 717572, 60.07% below its average volume of 1797100.

As claimed by Morningstar, Inc., the next dividend payment is on Jul 13, 2021, the estimated forward annual dividend rate is 3.52 and the estimated forward annual dividend yield is 1.05%.

Accenture’s sales growth this year is anticipated to be 14% and 10% for next year.

Year-on-year quarterly revenue growth grew by 20.7%, now sitting on 47.95B for the twelve trailing months.

Accenture’s sales growth for the current quarter is 23.9%. The company’s growth estimates for the present quarter and the next is 10.1% and 15.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 32.21%.

Volatility

Accenture’s last day, week, and month’s current volatility was 1.92%, 1.15%, and 1.43%, respectively.

Accenture’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.04% (day), 1.43% (last week), and 1.58% (last month), respectively.

Accenture’s Stock Yearly Top and Bottom Value

Accenture’s stock is valued at $356.58 at 14:23 EST, above its 52-week high of $353.40.

Accenture’s Moving Average

Accenture’s value is higher than its 50-day moving average of $335.17 and way above its 200-day moving average of $309.06.

Previous days news about Accenture (ACN)

  • According to VentureBeat on Wednesday, 20 October, "SkyHive Technologies, a company developing workforce planning software, today announced that it closed a $40 million series B round led by holding company Eldridge Industries LLC, with participation from Allegis Cyber, Accenture Ventures, Workday Ventures, and the Partnership Fund For New York City. "
  • According to Bloomberg Quint on Friday, 22 October, "It’s hired consultancy Accenture Plc to help with the work, according to two of the people.", "Spokesmen for Liberty Global and Telefonica declined to comment, and a representative for Accenture didn’t respond to requests for comment."
  • According to Benzinga on Thursday, 21 October, "The nomination of an executive of Mr. Pagani’s caliber as Chairman comes in the wake of the company’s 2nd quarter announcement of the hiring of Michael Redding, co-founder and former managing director of Accenture Ventures, as CTO, and speaks to the company’s growing profile and confidence."

4. Lakeland Financial Corporation (LKFN)

34.5% Payout Ratio

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services.

Volume

Today’s last reported volume for Lakeland Financial Corporation is 68632, 75.12% below its average volume of 275952.

As stated by Morningstar, Inc., the next dividend payment is on Jul 21, 2021, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 1.92%.

Lakeland Financial Corporation’s sales growth this year is expected to be 7.8% and a negative 0.7% for next year.

Year-on-year quarterly revenue growth grew by 25.5%, now sitting on 218.31M for the twelve trailing months.

Lakeland Financial Corporation’s sales growth is 6.5% for the current quarter and 1.9% for the next. The company’s growth estimates for the present quarter and the next is 4.5% and negative -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 14.59%.

Volatility

Lakeland Financial Corporation’s last day, week, and month’s current volatility was 1.50%, 0.93%, and 1.16%, respectively.

Lakeland Financial Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.92% (day), 3.62% (last week), and 2.67% (last month), respectively.

Lakeland Financial Corporation’s Stock Yearly Top and Bottom Value

Lakeland Financial Corporation’s stock is valued at $77.26 at 14:23 EST, below its 52-week high of $77.76 and way above its 52-week low of $46.49.

Lakeland Financial Corporation’s Moving Average

Lakeland Financial Corporation’s value is way higher than its 50-day moving average of $69.61 and way above its 200-day moving average of $65.49.

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