(VIANEWS) – MFS Investment Grade Municipal Trust (CXH), Nuveen Municipal Value Fund (NUV), Illinois Tool Works (ITW) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.
1. MFS Investment Grade Municipal Trust (CXH)
82.47% Payout Ratio
MFS Investment Grade Municipal, a fixed-income mutual fund with close ends, was launched by Massachusetts Financial Services Company and is managed by them.
Volume
Today’s last reported volume for MFS Investment Grade Municipal Trust is 3971, 82.81% below its average volume of 23101.
As stated by Morningstar, Inc., the next dividend payment is on Mar 14, 2022, the estimated forward annual dividend rate is 0.43 and the estimated forward annual dividend yield is 4.66%.
Year-on-year quarterly revenue growth declined by 9.3%, now sitting on 5.46M 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 5.03%.
Volatility
MFS Investment Grade Municipal Trust’s last day, week, and month’s current intraday variation average was 0.86%, 0.68%, and 0.55%, respectively.
MFS Investment Grade Municipal Trust’s highest amplitude of average volatility was 1.61% (day), 1.24% (last week), and 1.09% (last month), respectively.
MFS Investment Grade Municipal Trust’s Stock Yearly Top and Bottom Value
MFS Investment Grade Municipal Trust’s stock is valued at $8.12 at 14:23 EST, way under its 52-week high of $10.74 and above its 52-week low of $8.05.
MFS Investment Grade Municipal Trust’s Moving Average
MFS Investment Grade Municipal Trust’s value is under its 50-day moving average of $8.79 and way under its 200-day moving average of $9.74.
2. Nuveen Municipal Value Fund (NUV)
71.4% Payout Ratio
Nuveen Municipal Value Fund, Inc., a closed-ended mutual fund that provides fixed income, was launched by Nuveen Investments, Inc. Nuveen Asset Management, LLC, and Nuveen Fund Advisors LLC co-manage the fund.
Volume
Today’s last reported volume for Nuveen Municipal Value Fund is 521596, 7.13% below its average volume of 561672.
As claimed by Morningstar, Inc., the next dividend payment is on Mar 13, 2022, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 3.59%.
Year-on-year quarterly revenue growth declined by 6%, now sitting on 83.45M 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 4.66%.
Volatility
Nuveen Municipal Value Fund’s last day, week, and month’s current intraday variation average was 0.53%, 0.45%, and 0.43%, respectively.
Nuveen Municipal Value Fund’s highest amplitude of average volatility was 1.29% (day), 1.03% (last week), and 0.93% (last month), respectively.
Nuveen Municipal Value Fund’s Stock Yearly Top and Bottom Value
Nuveen Municipal Value Fund’s stock is valued at $9.40 at 14:23 EST, way under its 52-week high of $11.94 and higher than its 52-week low of $9.27.
Nuveen Municipal Value Fund’s Moving Average
Nuveen Municipal Value Fund’s worth is under its 50-day moving average of $9.77 and way below its 200-day moving average of $10.84.
3. Illinois Tool Works (ITW)
53.95% Payout Ratio
Illinois Tool Works Inc. produces and sells equipment and industrial products around the world.
Volume
Today’s last reported volume for Illinois Tool Works is 983032, 13.82% below its average volume of 1140770.
According to Morningstar, Inc., the next dividend payment is on Dec 29, 2021, the estimated forward annual dividend rate is 4.88 and the estimated forward annual dividend yield is 1.98%.
Illinois Tool Works’s sales growth this year is anticipated to be 13.7% and 7.3% for next year.
Year-on-year quarterly revenue growth grew by 7.5%, now sitting on 14.25B for the twelve trailing months.
Illinois Tool Works’s sales growth is 1.4% for the ongoing quarter and 5.3% for the next. The company’s growth estimates for the present quarter and the next is negative 6.9% and 4.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 88.11%.
Volatility
Illinois Tool Works’s last day, week, and month’s current intraday variation average was 1.15%, 1.64%, and 1.23%, respectively.
Illinois Tool Works’s highest amplitude of average volatility was 2.31% (day), 2.42% (last week), and 2.13% (last month), respectively.
Illinois Tool Works’s Stock Yearly Top and Bottom Value
Illinois Tool Works’s stock is valued at $199.34 at 14:23 EST, under its 52-week low of $201.86.
Illinois Tool Works’s Moving Average
Illinois Tool Works’s value is under its 50-day moving average of $215.40 and way below its 200-day moving average of $226.59.
4. Progress Software Corporation (PRGS)
39.77% Payout Ratio
Progress Software Corporation creates business software.
Volume
Today’s last reported volume for Progress Software Corporation is 395866, 20.87% above its average volume of 327491.
As maintained by Morningstar, Inc., the next dividend payment is on Feb 27, 2022, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.63%.
Progress Software Corporation’s sales growth this year is anticipated to be 20.7% and 11.1% for next year.
Year-on-year quarterly revenue growth grew by 14.5%, now sitting on 531.31M for the twelve trailing months.
Progress Software Corporation’s sales growth for the current quarter is 5.8%. The company’s growth estimates for the present quarter and the next is negative 18.7% and 3.2%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.68%.
Volatility
Progress Software Corporation’s last day, week, and month’s current intraday variation average was 0.02%, 1.18%, and 1.19%, respectively.
Progress Software Corporation’s highest amplitude of average volatility was 2.50% (day), 2.40% (last week), and 2.42% (last month), respectively.
Progress Software Corporation’s Stock Yearly Top and Bottom Value
Progress Software Corporation’s stock is valued at $46.94 at 14:23 EST, way under its 52-week high of $53.99 and way above its 52-week low of $41.68.
Progress Software Corporation’s Moving Average
Progress Software Corporation’s worth is higher than its 50-day moving average of $44.77 and above its 200-day moving average of $46.92.
