(VIANEWS) – Southern Company (SO), Nuveen Floating Rate Income Fund (JFR), Pimco New York Municipal Income Fund II (PNI) 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. Southern Company (SO)

122.79% Payout Ratio

Through its subsidiaries, the Southern Company engages in generation, transmission and distribution of electric power.

Volume

Today’s last reported volume for Southern Company is 3849730, 21.1% below its average volume of 4879600.

As stated by Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 2.72 and the estimated forward annual dividend yield is 3.69%.

Southern Company’s sales growth this year is anticipated to be 4.2% and 1.6% for next year.

Year-on-year quarterly revenue growth grew by 12.5%, now sitting on 23.85B for the twelve trailing months.

Southern Company’s sales growth is 4.3% for the ongoing quarter and 7.9% for the next. The company’s growth estimates for the ongoing quarter and the next is negative 3.6% and 7.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.57%.

Volatility

Southern Company’s last day, week, and month’s current intraday variation average was 0.92%, 1.11%, and 1.16%, respectively.

Southern Company’s highest amplitude of average volatility was 1.68% (day), 2.25% (last week), and 1.88% (last month), respectively.

Southern Company’s Stock Yearly Top and Bottom Value

Southern Company’s stock is valued at $77.94 at 08:23 EST, above its 52-week high of $77.24.

Southern Company’s Moving Average

Southern Company’s worth is above its 50-day moving average of $72.90 and way higher than its 200-day moving average of $68.00.

2. Nuveen Floating Rate Income Fund (JFR)

80.93% Payout Ratio

Nuveen Floating Rate Income Fund, a closed-ended fixed income mutual fund, was launched in 2011 by Nuveen Investments, Inc. The fund is managed by Symphony Asset Management LLC and Nuveen Fund Advisors LLC.

Volume

Today’s last reported volume for Nuveen Floating Rate Income Fund is 204401, 6.69% below its average volume of 219069.

According to Morningstar, Inc., the next dividend payment is on Apr 12, 2022, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 8.23%.

Year-on-year quarterly revenue growth declined by 4.6%, now sitting on 42.4M 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 8.37%.

Volatility

Nuveen Floating Rate Income Fund’s last day, week, and month’s current intraday variation average was 1.05%, 1.58%, and 0.79%, respectively.

Nuveen Floating Rate Income Fund’s highest amplitude of average volatility was 2.59% (day), 2.26% (last week), and 1.64% (last month), respectively.

Nuveen Floating Rate Income Fund’s Stock Yearly Top and Bottom Value

Nuveen Floating Rate Income Fund’s stock is valued at $8.55 at 08:23 EST, way below its 52-week high of $10.65 and higher than its 52-week low of $8.16.

Nuveen Floating Rate Income Fund’s Moving Average

Nuveen Floating Rate Income Fund’s value is above its 50-day moving average of $8.51 and way below its 200-day moving average of $9.67.

3. Pimco New York Municipal Income Fund II (PNI)

75.08% Payout Ratio

PIMCO New York Municipal income Fund II was launched by Pacific Investment Management Company LLC and is managed by them.

Volume

Today’s last reported volume for Pimco New York Municipal Income Fund II is 4912, 78.44% below its average volume of 22791.

As stated by Morningstar, Inc., the next dividend payment is on Jul 7, 2022, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 5.25%.

Year-on-year quarterly revenue growth declined by 9.6%, now sitting on 7.45M 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 3.8%.

Volatility

Pimco New York Municipal Income Fund II’s last day, week, and month’s current intraday variation average was 0.87%, 1.01%, and 1.24%, respectively.

Pimco New York Municipal Income Fund II’s highest amplitude of average volatility was 1.97% (day), 2.22% (last week), and 2.28% (last month), respectively.

Pimco New York Municipal Income Fund II’s Stock Yearly Top and Bottom Value

Pimco New York Municipal Income Fund II’s stock is valued at $9.10 at 08:23 EST, way below its 52-week high of $12.19 and above its 52-week low of $8.30.

Pimco New York Municipal Income Fund II’s Moving Average

Pimco New York Municipal Income Fund II’s worth is higher than its 50-day moving average of $8.94 and way under its 200-day moving average of $10.14.

4. Safety Insurance Group (SAFT)

52.1% Payout Ratio

Safety Insurance Group, Inc. offers homeowner and private passenger insurances in the United States.

Volume

Today’s last reported volume for Safety Insurance Group is 72531, 2.62% below its average volume of 74485.

According to Morningstar, Inc., the next dividend payment is on May 30, 2022, the estimated forward annual dividend rate is 3.6 and the estimated forward annual dividend yield is 4.16%.

Year-on-year quarterly revenue growth declined by 12.1%, now sitting on 858.01M for the twelve trailing months.

The company’s growth estimates for the present quarter is negative 43.2%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.69%.

Volatility

Safety Insurance Group’s last day, week, and month’s current intraday variation average was 0.65%, 1.06%, and 1.16%, respectively.

Safety Insurance Group’s highest amplitude of average volatility was 1.55% (day), 2.03% (last week), and 2.33% (last month), respectively.

Safety Insurance Group’s Stock Yearly Top and Bottom Value

Safety Insurance Group’s stock is valued at $86.55 at 08:23 EST, way under its 52-week high of $99.75 and way above its 52-week low of $76.34.

Safety Insurance Group’s Moving Average

Safety Insurance Group’s value is below its 50-day moving average of $92.41 and above its 200-day moving average of $86.17.

5. Open Text Corporation (OTEX)

49.34% Payout Ratio

Open Text Corporation designs, develops and markets information management solutions and software.

Volume

Today’s last reported volume for Open Text Corporation is 297084, 50.04% below its average volume of 594688.

As maintained by Morningstar, Inc., the next dividend payment is on Jun 1, 2022, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 2.16%.

Open Text Corporation’s sales growth this year is anticipated to be 6.1% and 4.7% for next year.

Year-on-year quarterly revenue growth grew by 5.9%, now sitting on 3.48B for the twelve trailing months.

Open Text Corporation’s sales growth is 4.3% for the current quarter and 6.4% for the next. The company’s growth estimates for the next quarter is 1.9%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.78%.

Volatility

Open Text Corporation’s last day, week, and month’s current intraday variation average was 1.01%, 1.86%, and 1.40%, respectively.

Open Text Corporation’s highest amplitude of average volatility was 1.61% (day), 2.44% (last week), and 2.27% (last month), respectively.

Open Text Corporation’s Stock Yearly Top and Bottom Value

Open Text Corporation’s stock is valued at $40.90 at 08:23 EST, way below its 52-week high of $55.25 and way higher than its 52-week low of $35.04.

Open Text Corporation’s Moving Average

Open Text Corporation’s value is higher than its 50-day moving average of $39.05 and below its 200-day moving average of $43.77.

6. Mizuho Financial Group (MFG)

40.8% Payout Ratio

Mizuho Financial Group, Inc., along with its subsidiaries, is involved in trust, banking, securities, as well as other financial services internationally.

Volume

Today’s last reported volume for Mizuho Financial Group is 974389, 47.95% below its average volume of 1872230.

As stated by Morningstar, Inc., the next dividend payment is on Mar 29, 2021, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 4.51%.

Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 2.45T 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 5.3%.

Volatility

Mizuho Financial Group’s last day, week, and month’s current intraday variation average was 0.84%, 1.00%, and 1.14%, respectively.

Mizuho Financial Group’s highest amplitude of average volatility was 1.41% (day), 1.94% (last week), and 2.13% (last month), respectively.

Mizuho Financial Group’s Stock Yearly Top and Bottom Value

Mizuho Financial Group’s stock is valued at $2.36 at 08:23 EST, way below its 52-week high of $3.21 and higher than its 52-week low of $2.33.

Mizuho Financial Group’s Moving Average

Mizuho Financial Group’s value is way under its 50-day moving average of $2.66 and way below its 200-day moving average of $2.88.

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