(VIANEWS) – Apollo Tactical Income Fund (AIF), Blackrock MuniHoldings Fund (MHD), Open Text Corporation (OTEX) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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. Apollo Tactical Income Fund (AIF)

79.29% Payout Ratio

Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC.

Volume

Today’s last reported volume for Apollo Tactical Income Fund is 33296, 52.11% below its average volume of 69535.

As stated by Morningstar, Inc., the next dividend payment is on Feb 15, 2022, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 7.1%.

Year-on-year quarterly revenue growth declined by 6.2%, now sitting on 20.62M 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 7.75%.

Volatility

Apollo Tactical Income Fund’s last day, week, and month’s current intraday variation average was 0.28%, 0.58%, and 0.71%, respectively.

Apollo Tactical Income Fund’s highest amplitude of average volatility was 0.42% (day), 1.07% (last week), and 1.16% (last month), respectively.

Apollo Tactical Income Fund’s Stock Yearly Top and Bottom Value

Apollo Tactical Income Fund’s stock is valued at $14.39 at 14:23 EST, way under its 52-week high of $16.12 and above its 52-week low of $14.22.

Apollo Tactical Income Fund’s Moving Average

Apollo Tactical Income Fund’s worth is below its 50-day moving average of $15.17 and below its 200-day moving average of $15.49.

Previous days news about Apollo Tactical Income Fund (AIF)

  • Apollo tactical income fund inc. declares March 2022 monthly distribution of $0.085 per share. According to Benzinga on Friday, 11 March, "NEW YORK, March 11, 2022 (GLOBE NEWSWIRE) — AIF – Apollo Tactical Income Fund Inc. (the "Fund") today announced the declaration of its distribution for the month of March 2022 of $0.085 per common share, payable on the date noted below."

2. Blackrock MuniHoldings Fund (MHD)

74.78% Payout Ratio

BlackRock MuniHoldings Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC.

Volume

Today’s last reported volume for Blackrock MuniHoldings Fund is 79932, 30.31% below its average volume of 114701.

As maintained by Morningstar, Inc., the next dividend payment is on Mar 13, 2022, the estimated forward annual dividend rate is 0.73 and the estimated forward annual dividend yield is 5.01%.

Year-on-year quarterly revenue growth grew by 260.8%, now sitting on 40.06M 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 5.54%.

Volatility

Blackrock MuniHoldings Fund’s last day, week, and month’s current intraday variation average was 0.21%, 0.39%, and 0.59%, respectively.

Blackrock MuniHoldings Fund’s highest amplitude of average volatility was 0.62% (day), 0.87% (last week), and 0.99% (last month), respectively.

Blackrock MuniHoldings Fund’s Stock Yearly Top and Bottom Value

Blackrock MuniHoldings Fund’s stock is valued at $14.50 at 14:23 EST, way below its 52-week high of $17.50 and higher than its 52-week low of $14.44.

Blackrock MuniHoldings Fund’s Moving Average

Blackrock MuniHoldings Fund’s value is below its 50-day moving average of $15.35 and way under its 200-day moving average of $16.44.

3. Open Text Corporation (OTEX)

66.4% Payout Ratio

Open Text Corporation provides a suite of software products and services.

Volume

Today’s last reported volume for Open Text Corporation is 532416, 12.95% below its average volume of 611666.

As stated by Morningstar, Inc., the next dividend payment is on Dec 1, 2021, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 1.89%.

Open Text Corporation’s sales growth this year is anticipated to be 3.9% and 2.5% for next year.

Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 3.41B 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 8.2%.

Volatility

Open Text Corporation’s last day, week, and month’s current intraday variation average was 1.68%, 1.19%, and 1.51%, respectively.

Open Text Corporation’s highest amplitude of average volatility was 2.49% (day), 3.08% (last week), and 2.51% (last month), respectively.

Open Text Corporation’s Stock Yearly Top and Bottom Value

Open Text Corporation’s stock is valued at $42.78 at 14:23 EST, way under its 52-week high of $55.25 and above its 52-week low of $40.96.

Open Text Corporation’s Moving Average

Open Text Corporation’s worth is below its 50-day moving average of $45.84 and way under its 200-day moving average of $49.31.

4. Nuveen New York Dividend Advantage Municipal Fund (NAN)

59.43% Payout Ratio

Nuveen New York Quality Municipal 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 New York Dividend Advantage Municipal Fund is 47533, 0.59% above its average volume of 47254.

According to Morningstar, Inc., the next dividend payment is on Mar 13, 2022, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 4.54%.

Year-on-year quarterly revenue growth declined by 11.8%, now sitting on 26.4M 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 6.7%.

Volatility

Nuveen New York Dividend Advantage Municipal Fund’s last day, week, and month’s current intraday variation average was 1.34%, 0.52%, and 0.67%, respectively.

Nuveen New York Dividend Advantage Municipal Fund’s highest amplitude of average volatility was 1.11% (day), 1.16% (last week), and 1.17% (last month), respectively.

Nuveen New York Dividend Advantage Municipal Fund’s Stock Yearly Top and Bottom Value

Nuveen New York Dividend Advantage Municipal Fund’s stock is valued at $12.64 at 14:23 EST, way under its 52-week high of $15.69 and higher than its 52-week low of $12.63.

Nuveen New York Dividend Advantage Municipal Fund’s Moving Average

Nuveen New York Dividend Advantage Municipal Fund’s value is below its 50-day moving average of $13.54 and way under its 200-day moving average of $14.52.

5. City Holding Company (CHCO)

41.77% Payout Ratio

City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust and investment management, and other financial solutions in the United States.

Volume

Today’s last reported volume for City Holding Company is 47073, 24.51% below its average volume of 62358.

As maintained by Morningstar, Inc., the next dividend payment is on Jan 12, 2022, the estimated forward annual dividend rate is 2.4 and the estimated forward annual dividend yield is 2.86%.

Year-on-year quarterly revenue growth grew by 7.8%, now sitting on 225.56M for the twelve trailing months.

City Holding Company’s sales growth is 1.2% for the current quarter and 0.8% for the next. The company’s growth estimates for the current quarter and the next is negative 5% and negative -7.2%. 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

City Holding Company’s last day, week, and month’s current intraday variation average was 2.81%, 1.50%, and 0.95%, respectively.

City Holding Company’s highest amplitude of average volatility was 2.20% (day), 2.35% (last week), and 2.24% (last month), respectively.

City Holding Company’s Stock Yearly Top and Bottom Value

City Holding Company’s stock is valued at $78.98 at 14:23 EST, way below its 52-week high of $88.49 and way above its 52-week low of $71.61.

City Holding Company’s Moving Average

City Holding Company’s value is below its 50-day moving average of $81.14 and above its 200-day moving average of $78.73.

6. Fulton Financial Corporation (FULT)

34.57% Payout Ratio

Fulton Financial Corporation operates as a financial holding company that provides banking and financial services to businesses and consumers.

Volume

Today’s last reported volume for Fulton Financial Corporation is 1080320, 4.22% above its average volume of 1036550.

As maintained by Morningstar, Inc., the next dividend payment is on Dec 29, 2021, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.08%.

Fulton Financial Corporation’s sales growth this year is expected to be 0.5% and 9.2% for next year.

Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 945.89M for the twelve trailing months.

Fulton Financial Corporation’s sales growth for the current quarter is negative 0.7%. The company’s growth estimates for the ongoing quarter and the next is negative 25.6% and negative -7.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.34%.

Volatility

Fulton Financial Corporation’s last day, week, and month’s current intraday variation average was 4.18%, 2.05%, and 1.23%, respectively.

Fulton Financial Corporation’s highest amplitude of average volatility was 3.46% (day), 2.88% (last week), and 2.59% (last month), respectively.

Fulton Financial Corporation’s Stock Yearly Top and Bottom Value

Fulton Financial Corporation’s stock is valued at $18.19 at 14:23 EST, below its 52-week high of $19.17 and way above its 52-week low of $14.16.

Fulton Financial Corporation’s Moving Average

Fulton Financial Corporation’s worth is above its 50-day moving average of $17.84 and above its 200-day moving average of $16.55.

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