(VIANEWS) - Open Text Corporation (OTEX), Comerica Incorporated (CMA), First Trust MLP and Energy Income Fund (FEI) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn't a promise 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 investigating 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. Open Text Corporation (OTEX)
49.34% Payout Ratio
Open Text Corporation designs, develops and markets information management solutions and software. OpenText Information Management Software Platform, Carbonite products and Webroot are some of its offerings. OpenText Digital Experience Platform, OpenText Developer Cloud and key API services. The company also offers Discovery platform which provides unstructured and forensic data analytics. It also offers support services, such as software updates, knowledge bases, discussion, product information and an online platform to submit and review problems. Consulting and learning services are available for the integration, training and implementation of licensed products as well as cloud-based services. It serves companies and public sector agencies as well as small and medium-sized business owners and consumers across Canada, the United States and Europe. Strategic partnerships include SAP SE, Google Cloud and Amazon AWS. Microsoft Corporation, Oracle Corporation. Salesforce.com Corporation. Accenture plc. ATOS. Capgemini Technology Services SAS. Cognizant Technology Solutions U.S. Corp. Deloitte Consulting LLP. Tata Consultancy Services. It was founded in 1991, and its headquarters are in Waterloo in Canada.
Volume
Today's last reported volume for Open Text Corporation is 1046270, 77.04% above its average volume of 590958.
As maintained by Morningstar, Inc., the next dividend payment is on Jun 1, 2022, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 2.16%.
Open Text Corporation's sales growth this year is expected to be 6.1% and 4.7% for next year.
Year-on-year quarterly revenue growth grew by 5.9%, now sitting on 3.48B for the twelve trailing months.
Open Text Corporation's sales growth is 4.3% for the current quarter and 6.4% for the next. The company's growth estimates for the next quarter is 1.9%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.78%.
Volatility
Open Text Corporation's last day, week, and month's current intraday variation average was 3.93%, 5.20%, and 2.52%, respectively.
Open Text Corporation's highest amplitude of average volatility was 4.15% (day), 4.33% (last week), and 2.77% (last month), respectively.
Open Text Corporation's Stock Yearly Top and Bottom Value
Open Text Corporation's stock is valued at $30.29 at 20:23 EST, way under its 52-week high of $55.01 and higher than its 52-week low of $29.88.
Open Text Corporation's Moving Average
Open Text Corporation's worth is way under its 50-day moving average of $38.39 and way below its 200-day moving average of $42.19.2. Comerica Incorporated (CMA)
39.53% Payout Ratio
Through its subsidiaries, Comerica Incorporated offers a variety of financial services and products. The bank operates in three segments: Commercial Bank, Retail Bank and Wealth Management. Commercial Bank offers a variety of products and services. These include commercial loans, lines of credit and deposits. Cash management, capital markets products, international trade financing, letters of credit and foreign exchange management. Loan syndication for small, middle-market businesses and multinational corporations. Retail Bank provides financial services such as mortgage loan origination, consumer deposit collection, and consumer lending. The segment offers a variety of consumer products, including installment loans and credit cards, student loans and home equity lines, residential mortgage loans and commercial products for micro-businesses. Wealth Management offers products and services that include fiduciary and private banking as well as retirement planning, investment management, advisory and investment banking. The company also offers annuity products as well as long-term, life and disability insurance products. It also manages asset and liability management and the Securities portfolio. It is present in Texas, California and Michigan as well as Arizona, Florida, Florida, Canada, and Florida. The original name of the company was DETROITBANK Corporation. In July 1982, Comerica Incorporated took over that title. Comerica Incorporated is located in Dallas, Texas.
Volume
Today's last reported volume for Comerica Incorporated is 1447260, 46.53% above its average volume of 987648.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 2.72 and the estimated forward annual dividend yield is 3.36%.
Comerica Incorporated's sales growth this year is expected to be 16.9% and 14.3% for next year.
Year-on-year quarterly revenue growth declined by 7.4%, now sitting on 3.1B for the twelve trailing months.
Comerica Incorporated's sales growth for the next quarter is 31.9%. The company's growth estimates for the ongoing quarter and the next is 31.1% and 59%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 13.09%.
Volatility
Comerica Incorporated's last day, week, and month's current intraday variation average was 0.05%, 1.42%, and 1.27%, respectively.
Comerica Incorporated's highest amplitude of average volatility was 1.44% (day), 3.20% (last week), and 2.10% (last month), respectively.
Comerica Incorporated's Stock Yearly Top and Bottom Value
Comerica Incorporated's stock is valued at $84.57 at 20:23 EST, way below its 52-week high of $102.09 and way above its 52-week low of $70.37.
Comerica Incorporated's Moving Average
Comerica Incorporated's value is higher than its 50-day moving average of $79.24 and under its 200-day moving average of $85.22.3. First Trust MLP and Energy Income Fund (FEI)
37.5% Payout Ratio
First Trust MLP (and Energy Income Fund) is a closed-ended, balanced mutual fund that was launched by First Trust Advisors L.P. Energy Income Partners LLC co-manages the fund. The fund invests in fixed and public income markets across the United States. It invests in securities belonging to companies in the energy or energy utility sectors. The fund invests mainly in MLPs' equity and debt securities and MLP-related companies, and in dividend-paying growth stocks. First Trust MLP, Energy Income Fund were established on August 17, 2012. They are based in the United States.
Volume
Today's last reported volume for First Trust MLP and Energy Income Fund is 57491, 61.18% below its average volume of 148120.
As claimed by Morningstar, Inc., the next dividend payment is on Oct 2, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 7.25%.
Volatility
First Trust MLP and Energy Income Fund's last day, week, and month's current intraday variation average was 0.70%, 1.14%, and 1.16%, respectively.
First Trust MLP and Energy Income Fund's highest amplitude of average volatility was 1.75% (day), 1.59% (last week), and 1.96% (last month), respectively.
First Trust MLP and Energy Income Fund's Stock Yearly Top and Bottom Value
First Trust MLP and Energy Income Fund's stock is valued at $8.28 at 20:23 EST, under its 52-week high of $8.81 and way higher than its 52-week low of $6.76.
First Trust MLP and Energy Income Fund's Moving Average
First Trust MLP and Energy Income Fund's value is higher than its 50-day moving average of $8.03 and above its 200-day moving average of $7.89.4. Brookline Bancorp (BRKL)
33.56% Payout Ratio
Brookline Bancorp, Inc. is a holding company that provides commercial, business, as well as retail banking services for corporate, municipal, or retail customers throughout the United States. The deposit products it offers include money market, savings and NOW accounts, non-interest bearing demand checking, and savings. Its loan portfolio includes first mortgage loans that are secured by residential, commercial and multi-family real estate; loans to businesses comprising commercial line of credit; loans for condominium associations; loans for equipment financing for small business; funding for construction and developmental projects; home equity loans, and other consumer loans. The company also offers term loans, letters, foreign currency, cash management and investment advisory as well as online and mobile banking. It also invests in equity and debt securities. The company had 50 fully-service banks offices throughout the greater Boston area, Rhode Island, and the North Shore of Massachusetts as of December 31, 2020. Brookline Bancorp, Inc. is located in Boston, Massachusetts.
Volume
Today's last reported volume for Brookline Bancorp is 334177, 15.01% above its average volume of 290562.
According to Morningstar, Inc., the next dividend payment is on Aug 10, 2022, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 3.76%.
Brookline Bancorp's sales growth this year is expected to be 3.7% and 15% for next year.
Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 314.91M for the twelve trailing months.
Brookline Bancorp's sales growth for the next quarter is 6.7%. The company's growth estimates for the current quarter and the next is negative 5.4% and negative -16.2%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.06%.
Volatility
Brookline Bancorp's last day, week, and month's current intraday variation average was 0.81%, 1.31%, and 1.17%, respectively.
Brookline Bancorp's highest amplitude of average volatility was 2.02% (day), 1.84% (last week), and 2.13% (last month), respectively.
Brookline Bancorp's Stock Yearly Top and Bottom Value
Brookline Bancorp's stock is valued at $12.52 at 20:23 EST, way under its 52-week high of $17.74 and above its 52-week low of $12.24.