(VIANEWS) – Plains Group Holdings, L.P. (PAGP), VOC Energy Trust Units of Beneficial Interest (VOC), Pioneer Municipal High Income Advantage Trust (MAV) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio as yet. 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 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. Plains Group Holdings, L.P. (PAGP)

153.19% Payout Ratio

Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada.

Volume

Today’s last reported volume for Plains Group Holdings, L.P. is 2060400 which is 15.4% below its average volume of 2435520.

As maintained by Morningstar, Inc., the next dividend payment is on Jul 28, 2021, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 6.45%.

Plains Group Holdings, L.P.’s sales growth this year is expected to be 19.4% and a negative 1.1% for next year.

Year-on-year quarterly revenue growth grew by 1.4%, now sitting on 23.4B for the twelve trailing months.

Plains Group Holdings, L.P.’s sales growth is 112.3% for the ongoing quarter and 23.4% for the next. The company’s growth estimates for the present quarter and the next is 144.4% and 155.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.66%.

Volatility

Plains Group Holdings, L.P.’s last day, week, and month’s current volatility was 0.37%, 1.08%, and 1.59%, respectively.

Plains Group Holdings, L.P.’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.50% (day), 2.44% (last week), and 3.39% (last month), respectively.

Plains Group Holdings, L.P.’s Stock Yearly Top and Bottom Value

Plains Group Holdings, L.P.’s stock is valued at $11.08 at 23:23 EST, way under its 52-week high of $12.96 and way higher than its 52-week low of $5.46.

Plains Group Holdings, L.P.’s Moving Average

Plains Group Holdings, L.P.’s worth is below its 50-day moving average of $11.88 and way higher than its 200-day moving average of $10.06.

2. VOC Energy Trust Units of Beneficial Interest (VOC)

100% Payout Ratio

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas.

Volume

Today’s last reported volume for VOC Energy Trust Units of Beneficial Interest is 67367 which is 34.93% below its average volume of 103524.

As claimed by Morningstar, Inc., the next dividend payment is on Apr 28, 2021, the estimated forward annual dividend rate is 0.27 and the estimated forward annual dividend yield is 5.46%.

Year-on-year quarterly revenue growth declined by 73.2%, now sitting on 3.49M 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 12.83%.

Volatility

VOC Energy Trust Units of Beneficial Interest’s last day, week, and month’s current volatility was 1.27%, 3.69%, and 2.49%, respectively.

VOC Energy Trust Units of Beneficial Interest’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.05% (day), 6.75% (last week), and 4.71% (last month), respectively.

VOC Energy Trust Units of Beneficial Interest’s Stock Yearly Top and Bottom Value

VOC Energy Trust Units of Beneficial Interest’s stock is valued at $4.94 at 23:23 EST, below its 52-week high of $5.15 and way higher than its 52-week low of $1.26.

VOC Energy Trust Units of Beneficial Interest’s Moving Average

VOC Energy Trust Units of Beneficial Interest’s value is way higher than its 50-day moving average of $4.43 and way higher than its 200-day moving average of $3.53.

3. Pioneer Municipal High Income Advantage Trust (MAV)

60.79% Payout Ratio

Pioneer Municipal High Income Advantage Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States.

Volume

Today’s last reported volume for Pioneer Municipal High Income Advantage Trust is 37954 which is 43.63% below its average volume of 67330.

As maintained by Morningstar, Inc., the next dividend payment is on Jul 19, 2021, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.67%.

Year-on-year quarterly revenue growth declined by 6.6%, now sitting on 17.81M 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 4.98%.

Volatility

Pioneer Municipal High Income Advantage Trust’s last day, week, and month’s current volatility was 0.17%, 0.23%, and 0.34%, respectively.

Pioneer Municipal High Income Advantage Trust’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.17% (day), 0.58% (last week), and 0.66% (last month), respectively.

Pioneer Municipal High Income Advantage Trust’s Stock Yearly Top and Bottom Value

Pioneer Municipal High Income Advantage Trust’s stock is valued at $12.96 at 23:23 EST, under its 52-week high of $12.98 and way higher than its 52-week low of $10.72.

Pioneer Municipal High Income Advantage Trust’s Moving Average

Pioneer Municipal High Income Advantage Trust’s value is above its 50-day moving average of $12.27 and higher than its 200-day moving average of $11.97.

4. NextEra Energy Partners, LP (NEP)

44.7% Payout Ratio

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States.

Volume

Today’s last reported volume for NextEra Energy Partners, LP is 507288 which is 9.1% below its average volume of 558050.

As claimed by Morningstar, Inc., the next dividend payment is on May 4, 2021, the estimated forward annual dividend rate is 2.55 and the estimated forward annual dividend yield is 3.41%.

NextEra Energy Partners, LP’s sales growth this year is expected to be 51.2% and 14.4% for next year.

Year-on-year quarterly revenue growth grew by 16%, now sitting on 951M for the twelve trailing months.

NextEra Energy Partners, LP’s sales growth is 3% for the ongoing quarter and 53.5% for the next. The company’s growth estimates for the ongoing quarter and the next is negative 11.6% and negative -15.8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.62%.

Volatility

NextEra Energy Partners, LP’s last day, week, and month’s current volatility was 1.30%, 1.30%, and 1.49%, respectively.

NextEra Energy Partners, LP’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.08% (day), 2.27% (last week), and 2.76% (last month), respectively.

NextEra Energy Partners, LP’s Stock Yearly Top and Bottom Value

NextEra Energy Partners, LP’s stock is valued at $75.51 at 23:23 EST, way below its 52-week high of $88.29 and way above its 52-week low of $54.33.

NextEra Energy Partners, LP’s Moving Average

NextEra Energy Partners, LP’s worth is above its 50-day moving average of $73.07 and higher than its 200-day moving average of $74.03.

Previous days news about NextEra Energy Partners, LP (NEP)

According to Zacks Investment Research on Thursday, 15 July, "A few other top-ranked stocks in the same industry are Clearway Energy, Inc. (CWEN Quick QuoteCWEN – Free Report) , NextEra Energy Partners, LP (NEP Quick QuoteNEP – Free Report) and Equinor ASA (EQNR Quick QuoteEQNR – Free Report) , all flaunting the same Zacks Rank as Covanta Holding at present. "

5. Churchill Downs (CHDN)

34.36% Payout Ratio

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States.

Volume

Today’s last reported volume for Churchill Downs is 164694 which is 53.34% below its average volume of 352961.

As stated by Morningstar, Inc., the next dividend payment is on Dec 2, 2020, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 0.34%.

Churchill Downs’s sales growth this year is anticipated to be 46.6% and 17.3% for next year.

Year-on-year quarterly revenue growth grew by 28.2%, now sitting on 1.13B for the twelve trailing months.

Churchill Downs’s sales growth for the current quarter is 299%. The company’s growth estimates for the ongoing quarter and the next is 575.5% and 8.4%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.58%.

Volatility

Churchill Downs’s last day, week, and month’s current volatility was 1.74%, 1.41%, and 1.83%, respectively.

Churchill Downs’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.89% (day), 2.64% (last week), and 3.33% (last month), respectively.

Churchill Downs’s Stock Yearly Top and Bottom Value

Churchill Downs’s stock is valued at $184.02 at 23:23 EST, way under its 52-week high of $258.32 and way above its 52-week low of $124.13.

Churchill Downs’s Moving Average

Churchill Downs’s value is under its 50-day moving average of $197.56 and way under its 200-day moving average of $210.92.

6. First Merchants Corporation (FRME)

34.32% Payout Ratio

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services.

Volume

Today’s last reported volume for First Merchants Corporation is 133280 which is 21.64% below its average volume of 170095.

As claimed by Morningstar, Inc., the next dividend payment is on Jun 2, 2021, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 2.82%.

First Merchants Corporation’s sales growth this year is expected to be 6.5% and 0.3% for next year.

Year-on-year quarterly revenue growth grew by 19.8%, now sitting on 453.98M for the twelve trailing months.

First Merchants Corporation’s sales growth is 9.8% for the current quarter and 9.4% for the next. The company’s growth estimates for the current quarter and the next is 48.4% and 31.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.14%.

Volatility

First Merchants Corporation’s last day, week, and month’s current volatility was 0.41%, 1.62%, and 1.45%, respectively.

First Merchants Corporation’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.77% (day), 3.08% (last week), and 2.91% (last month), respectively.

First Merchants Corporation’s Stock Yearly Top and Bottom Value

First Merchants Corporation’s stock is valued at $40.74 at 23:23 EST, way below its 52-week high of $50.65 and way higher than its 52-week low of $21.51.

First Merchants Corporation’s Moving Average

First Merchants Corporation’s value is under its 50-day moving average of $43.61 and below its 200-day moving average of $43.89.

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