(VIANEWS) - Guggenheim Credit Allocation Fund (GGM), Permian Basin Royalty Trust (PBT), The RMR Group (RMR) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio so far. 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 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. Guggenheim Credit Allocation Fund (GGM)
122.92% Payout Ratio
Guggenheim Credit Allocation Fund is a closed ended fixed income mutual fund launched and managed by Guggenheim Partners Investment Management, LLC.
Volume
Today's last reported volume for Guggenheim Credit Allocation Fund is 43120, 30.85% below its average volume of 62363.
As stated by Morningstar, Inc., the next dividend payment is on Jul 13, 2021, the estimated forward annual dividend rate is 2.18 and the estimated forward annual dividend yield is 10.21%.
Volatility
Guggenheim Credit Allocation Fund's last day, week, and month's current volatility was 0.60%, 0.70%, and 0.56%, respectively.
Guggenheim Credit Allocation Fund's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.50% (day), 1.28% (last week), and 1.11% (last month), respectively.
Guggenheim Credit Allocation Fund's Stock Yearly Top and Bottom Value
Guggenheim Credit Allocation Fund's stock is valued at $21.91 at 20:23 EST, under its 52-week high of $22.07 and way higher than its 52-week low of $17.51.
Guggenheim Credit Allocation Fund's Moving Average
Guggenheim Credit Allocation Fund's worth is higher than its 50-day moving average of $21.63 and above its 200-day moving average of $21.19.Previous days news about Guggenheim Credit Allocation Fund (GGM)
- According to Benzinga on Tuesday, 14 September, "NEW YORK, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Guggenheim Investments announced today that shareholders approved the mergers (each, a "Merger" and together, the "Mergers") of Guggenheim Enhanced Equity Income Fund (NYSE:GPM) and Guggenheim Credit Allocation Fund (NYSE:GGM) with and into Guggenheim Strategic Opportunities Fund (NYSE:GOF), each a closed-end fund (each, a "Fund" and together, the "Funds"). "
2. Permian Basin Royalty Trust (PBT)
98.22% Payout Ratio
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States.
Volume
Today's last reported volume for Permian Basin Royalty Trust is 8213, 92.54% below its average volume of 110223.
As claimed by Morningstar, Inc., the next dividend payment is on Jun 28, 2021, the estimated forward annual dividend rate is 0.21 and the estimated forward annual dividend yield is 4.07%.
Year-on-year quarterly revenue growth declined by 66%, now sitting on 7.92M 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 1751.05%.
Volatility
Permian Basin Royalty Trust's last day, week, and month's current volatility was 1.13%, 0.84%, and 1.38%, respectively.
Permian Basin 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 3.63% (day), 2.53% (last week), and 3.16% (last month), respectively.
Permian Basin Royalty Trust's Stock Yearly Top and Bottom Value
Permian Basin Royalty Trust's stock is valued at $5.26 at 20:23 EST, below its 52-week high of $5.71 and way higher than its 52-week low of $2.11.
Permian Basin Royalty Trust's Moving Average
Permian Basin Royalty Trust's worth is under its 50-day moving average of $5.29 and way above its 200-day moving average of $4.69.3. The RMR Group (RMR)
89.94% Payout Ratio
The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States.
Volume
Today's last reported volume for The RMR Group is 114035, 10.84% above its average volume of 102882.
According to Morningstar, Inc., the next dividend payment is on Sep 1, 2021, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 4.5%.
The RMR Group's sales growth this year is anticipated to be negative 1.1% and 2.9% for next year.
Year-on-year quarterly revenue growth grew by 15.9%, now sitting on 169.04M for the twelve trailing months.
The RMR Group's sales growth for the current quarter is negative 0.2%. The company's growth estimates for the ongoing quarter and the next is 28.9% and 14.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.85%.
Volatility
The RMR Group's last day, week, and month's current volatility was 0.33%, 1.79%, and 2.89%, respectively.
The RMR Group's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.76% (day), 3.62% (last week), and 3.31% (last month), respectively.
The RMR Group's Stock Yearly Top and Bottom Value
The RMR Group's stock is valued at $33.91 at 20:23 EST, way below its 52-week high of $47.12 and way above its 52-week low of $25.10.
The RMR Group's Moving Average
The RMR Group's value is way under its 50-day moving average of $39.25 and way below its 200-day moving average of $39.62.4. Prudential Financial (PRU)
66.62% Payout Ratio
Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services.
Volume
Today's last reported volume for Prudential Financial is 4723890, 167.02% above its average volume of 1769110.
As stated by Morningstar, Inc., the next dividend payment is on May 23, 2021, the estimated forward annual dividend rate is 4.6 and the estimated forward annual dividend yield is 4.49%.
Prudential Financial's sales growth this year is anticipated to be 3.1% and 1.1% for next year.
Year-on-year quarterly revenue growth grew by 25.9%, now sitting on 60.58B for the twelve trailing months.
Prudential Financial's sales growth is 1.4% for the present quarter and 0.2% for the next. The company's growth estimates for the current quarter and the next is negative 15.6% and negative -5.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.89%.
Volatility
Prudential Financial's last day, week, and month's current volatility was 0.13%, 0.60%, and 0.83%, respectively.
Prudential Financial's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.43% (day), 1.50% (last week), and 1.67% (last month), respectively.
Prudential Financial's Stock Yearly Top and Bottom Value
Prudential Financial's stock is valued at $103.14 at 20:23 EST, under its 52-week high of $109.17 and way higher than its 52-week low of $60.16.
Prudential Financial's Moving Average
Prudential Financial's worth is under its 50-day moving average of $104.66 and above its 200-day moving average of $100.70.5. ManpowerGroup (MAN)
52.71% Payout Ratio
ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region.
Volume
Today's last reported volume for ManpowerGroup is 262121, 26.41% below its average volume of 356234.
As stated by Morningstar, Inc., the next dividend payment is on May 27, 2021, the estimated forward annual dividend rate is 2.52 and the estimated forward annual dividend yield is 2.13%.
ManpowerGroup's sales growth this year is anticipated to be 16.5% and 5.2% for next year.
Year-on-year quarterly revenue growth grew by 41%, now sitting on 19.84B for the twelve trailing months.
ManpowerGroup's sales growth is 16.1% for the present quarter and 8% for the next. The company's growth estimates for the present quarter and the next is 58.3% and 37.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 10.53%.
Volatility
ManpowerGroup's last day, week, and month's current volatility was 1.46%, 1.13%, and 0.79%, respectively.
ManpowerGroup's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.39% (day), 1.82% (last week), and 1.83% (last month), respectively.
ManpowerGroup's Stock Yearly Top and Bottom Value
ManpowerGroup's stock is valued at $118.12 at 20:23 EST, below its 52-week high of $125.07 and way above its 52-week low of $65.04.
ManpowerGroup's Moving Average
ManpowerGroup's worth is below its 50-day moving average of $119.53 and above its 200-day moving average of $114.57.Previous days news about ManpowerGroup (MAN)
- According to Bloomberg Quint on Tuesday, 14 September, "A survey of nearly 45,000 employers across 43 countries showed 69% of employers reported difficulty filling roles, a 15-year high, according to employment-services provider ManpowerGroup Inc. At the same time, 15 countries -- focused in Europe and North America -- reported their highest hiring intentions since the survey began in 1962."
- According to VentureBeat on Monday, 13 September, "A study by ManpowerGroup found 69% of U.S. employers struggled to fill positions in 2020, with staff turnover in the U.S. IT industry ranking 13.2% - the highest among all industries."
6. Mondelez International (MDLZ)
46.59% Payout Ratio
Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products worldwide.
Volume
Today's last reported volume for Mondelez International is 14668700, 144.38% above its average volume of 6002180.
As claimed by Morningstar, Inc., the next dividend payment is on Jun 28, 2021, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 1.99%.
Mondelez International's sales growth this year is expected to be 7.6% and 4% for next year.
Year-on-year quarterly revenue growth grew by 7.9%, now sitting on 27.11B for the twelve trailing months.
Mondelez International's sales growth is 5.2% for the current quarter and 5.4% for the next. The company's growth estimates for the current quarter and the next is 12.7% and 13.4%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 14.34%.
Volatility
Mondelez International's last day, week, and month's current volatility was 0.32%, 0.40%, and 0.63%, respectively.
Mondelez International's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.41% (day), 1.10% (last week), and 1.11% (last month), respectively.
Mondelez International's Stock Yearly Top and Bottom Value
Mondelez International's stock is valued at $60.94 at 20:23 EST, below its 52-week high of $65.60 and way above its 52-week low of $52.51.