(VIANEWS) – AllianzGI Equity & Convertible Income Fund (NIE), Delaware Investments Dividend & Income Fund (DDF), Westamerica Bancorporation (WABC) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 distribute them.

When researching 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. AllianzGI Equity & Convertible Income Fund (NIE)

122.16% Payout Ratio

AllianzGI Equity & Convertible Income Fund, a closed-ended equity mutual fund that was launched by Allianz Global Investors Fund Management LLC is now managed. Allianz Global Investors U.S. LLC co-manages the fund. The fund invests in American public equity markets. It invests in stock of diverse companies. The fund invests primarily in companies with growth stocks. It also holds income-producing convertible securities. The fund uses fundamental analysis to focus on factors such as above-average earnings growth and high returns on invested capital. A healthy or improving balance sheets, strong competitive advantages and the development of new technologies for its investments. Formerly known as AGIC Equity & Convertible Income Fund, the fund is now called AllianzGI Equity & Convertible Income Fund. AllianzGI Equity & Convertible Income Fund is a US-based fund that was established on February 27, 2007.

Volume

Today’s last reported volume for AllianzGI Equity & Convertible Income Fund is 86695, 10.44% below its average volume of 96808.

As maintained by Morningstar, Inc., the next dividend payment is on Sep 8, 2022, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 8.64%.

Volatility

AllianzGI Equity & Convertible Income Fund’s last day, week, and month’s current intraday variation average was 2.59%, 1.22%, and 1.00%, respectively.

AllianzGI Equity & Convertible Income Fund’s highest amplitude of average volatility was 2.94% (day), 1.36% (last week), and 1.60% (last month), respectively.

AllianzGI Equity & Convertible Income Fund’s Stock Yearly Top and Bottom Value

AllianzGI Equity & Convertible Income Fund’s stock is valued at $22.80 at 08:23 EST, way under its 52-week high of $32.27 and way above its 52-week low of $19.82.

AllianzGI Equity & Convertible Income Fund’s Moving Average

AllianzGI Equity & Convertible Income Fund’s worth is above its 50-day moving average of $22.19 and way under its 200-day moving average of $25.62.

2. Delaware Investments Dividend & Income Fund (DDF)

62.23% Payout Ratio

Delaware Investments Dividend and Income Fund, Inc., is an equity mutual fund that’s closed-ended. It was launched by Delaware Management Holdings, Inc. Delaware Management Company manages it. It invests in the United States’ public equity markets. The fund invests in stocks from companies that operate across diverse sectors. It invests primarily in large-cap dividend paying stocks with high value. The fund benchmarks its performance against the S&P 500 Index, the Lipper Closed End Income and Preferred Stock Fonds Average. Delaware Investments Dividend and Income Fund, Inc., was established March 26, 1993 and is based in the United States.

Volume

Today’s last reported volume for Delaware Investments Dividend & Income Fund is 9098, 64.58% below its average volume of 25691.

As stated by Morningstar, Inc., the next dividend payment is on Jul 20, 2022, the estimated forward annual dividend rate is 1.1 and the estimated forward annual dividend yield is 11.64%.

Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 3.31M 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 17.35%.

Volatility

Delaware Investments Dividend & Income Fund’s last day, week, and month’s current intraday variation average was 1.16%, 1.44%, and 0.97%, respectively.

Delaware Investments Dividend & Income Fund’s highest amplitude of average volatility was 1.86% (day), 2.14% (last week), and 1.61% (last month), respectively.

Delaware Investments Dividend & Income Fund’s Stock Yearly Top and Bottom Value

Delaware Investments Dividend & Income Fund’s stock is valued at $8.86 at 08:23 EST, way below its 52-week high of $11.94 and higher than its 52-week low of $8.29.

Delaware Investments Dividend & Income Fund’s Moving Average

Delaware Investments Dividend & Income Fund’s worth is below its 50-day moving average of $8.98 and way under its 200-day moving average of $10.23.

3. Westamerica Bancorporation (WABC)

48.97% Payout Ratio

Westamerica Bancorporation is a holding bank for Westamerica Bank. It provides various banking services and products to individuals and businesses. It accepts deposits from all types, such as checking and retail savings accounts as well as certificates. The company’s loan portfolio includes residential, commercial and residential real property, construction and consumer loans. It also offers loans that primarily include indirect auto loans. Westamerica Bancorporation has 79 branches in 21 California counties. The former name of the company was Independent Bankshares Corporation. In 1983, it changed its name from Westamerica Bancorporation. Westamerica Bancorporation is located in San Rafael in California. It was established in 1972.

Volume

Today’s last reported volume for Westamerica Bancorporation is 53105, 52.53% below its average volume of 111887.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 4, 2022, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 3%.

Westamerica Bancorporation’s sales growth this year is expected to be 11% and 12.7% for next year.

Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 221.61M for the twelve trailing months.

Westamerica Bancorporation’s sales growth is 15.5% for the ongoing quarter and 22.7% for the next. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.57%.

Volatility

Westamerica Bancorporation’s last day, week, and month’s current intraday variation average was 0.09%, 1.04%, and 0.86%, respectively.

Westamerica Bancorporation’s highest amplitude of average volatility was 2.26% (day), 2.52% (last week), and 1.73% (last month), respectively.

Westamerica Bancorporation’s Stock Yearly Top and Bottom Value

Westamerica Bancorporation’s stock is valued at $55.49 at 08:23 EST, way under its 52-week high of $63.43 and higher than its 52-week low of $53.24.

Westamerica Bancorporation’s Moving Average

Westamerica Bancorporation’s value is below its 50-day moving average of $57.77 and under its 200-day moving average of $58.45.

4. RPM International (RPM)

41.69% Payout Ratio

RPM International Inc. produces and sells specialty chemicals worldwide. RPM International Inc. manufactures and sells specialty chemicals for the industrial, special, and consumer markets. You can also find polymer flooring, fiberglass reinforced plastic shapes, corrosion-control coatings, containment liner, soundproofing and insulation products. In addition, it offers fluorescent colorants and pigments; shellac-based-specialty and marine coatings; fire and water damage restoration, and carpet cleaning and disinfecting products; fuel additives; wood treatments, furniture finishes, and touch-up products; and nail enamels, polishes, and coating components. It also offers specialty products to DIYers and paint contractors, such as deck and fence restoration products and metallic and faux finishes coatings. Exterior wood deck and concrete restoration system, flooring finishes and hobby paints are all available. It was established in 1947 in Medina Ohio.

Volume

Today’s last reported volume for RPM International is 632386, 5.8% above its average volume of 597670.

As stated by Morningstar, Inc., the next dividend payment is on Jul 13, 2022, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 1.73%.

RPM International’s sales growth this year is expected to be 8.3% and 4% for next year.

Year-on-year quarterly revenue growth grew by 13.7%, now sitting on 6.71B 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 26.43%.

Volatility

RPM International’s last day, week, and month’s current intraday variation average was 3.13%, 2.18%, and 1.38%, respectively.

RPM International’s highest amplitude of average volatility was 3.19% (day), 2.38% (last week), and 1.99% (last month), respectively.

RPM International’s Stock Yearly Top and Bottom Value

RPM International’s stock is valued at $94.86 at 08:23 EST, below its 52-week high of $101.48 and way higher than its 52-week low of $74.56.

RPM International’s Moving Average

RPM International’s worth is way higher than its 50-day moving average of $85.96 and higher than its 200-day moving average of $87.48.

5. International General Insurance Holdings Ltd. (IGIC)

32.71% Payout Ratio

International General Insurance Holdings Ltd. offers reinsurance and specialty insurance solutions around the world. It operates in three segments, Specialty Long-tail and Specialty Shorttail. The company offers specialty insurance products for energy, property and construction, as well as services to ports and terminals. It also provides services in general aviation, policyholder casualty and financial institutions. It was established in Amman in Jordan in 2001.

Volume

Today’s last reported volume for International General Insurance Holdings Ltd. is 29223, 60.62% above its average volume of 18193.

As maintained by Morningstar, Inc., the next dividend payment is on Jun 2, 2022, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 4.97%.

International General Insurance Holdings Ltd.’s sales growth this year is anticipated to be 27.5% and 8.5% for next year.

Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 380.72M for the twelve trailing months.

The company’s growth estimates for the current quarter and the next is 77.8% and 6.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.44%.

Volatility

International General Insurance Holdings Ltd.’s last day, week, and month’s current intraday variation average was 1.05%, 0.55%, and 0.59%, respectively.

International General Insurance Holdings Ltd.’s highest amplitude of average volatility was 0.65% (day), 0.81% (last week), and 1.22% (last month), respectively.

International General Insurance Holdings Ltd.’s Stock Yearly Top and Bottom Value

International General Insurance Holdings Ltd.’s stock is valued at $7.73 at 08:23 EST, way below its 52-week high of $9.43 and way above its 52-week low of $6.72.

International General Insurance Holdings Ltd.’s Moving Average

International General Insurance Holdings Ltd.’s worth is above its 50-day moving average of $7.61 and above its 200-day moving average of $7.69.

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