(VIANEWS) - Steelcase (SCS), Kentucky First Federal Bancorp (KFFB), Broadcom (AVGO) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio as yet. 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. Steelcase (SCS)
1112.5% Payout Ratio
Steelcase Inc. manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products in the United States and internationally.
Volume
Today's last reported volume for Steelcase is 604563, 8.71% above its average volume of 556113.
As stated by Morningstar, Inc., the next dividend payment is on Sep 30, 2021, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 4.87%.
Steelcase's sales growth this year is anticipated to be 8.6% and 12.2% for next year.
Year-on-year quarterly revenue growth declined by 11.5%, now sitting on 2.58B for the twelve trailing months.
Steelcase's sales growth for the next quarter is 13.8%. The company's growth estimates for the current quarter and the next is 12.5% and 100%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 0.57%.
Volatility
Steelcase's last day, week, and month's current volatility was 1.93%, 1.49%, and 0.90%, respectively.
Steelcase's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.46% (day), 2.58% (last week), and 2.07% (last month), respectively.
Steelcase's Stock Yearly Top and Bottom Value
Steelcase's stock is valued at $11.90 at 14:23 EST, way under its 52-week high of $16.85 and way above its 52-week low of $10.46.
Steelcase's Moving Average
Steelcase's worth is under its 50-day moving average of $12.73 and way under its 200-day moving average of $13.84.Previous days news about Steelcase (SCS)
- Steelcase acquires spanish design company viccarbe. According to Benzinga on Wednesday, 27 October, "The company designs, manufactures, and partners with other leading organizations to provide architecture, furniture, and technology solutions - accessible through a network of channels, including over 800 Steelcase dealer locations. ", "GRAND RAPIDS, Mich., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today announced it has acquired Viccarbe Habitat, S.L., a Spanish designer of contemporary furniture for high-performance collaborative and social spaces. "
2. Kentucky First Federal Bancorp (KFFB)
181.82% Payout Ratio
Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc. that provide various banking products and services in Kentucky.
Volume
Today's last reported volume for Kentucky First Federal Bancorp is 3328, 15.74% below its average volume of 3950.
As claimed by Morningstar, Inc., the next dividend payment is on Jul 28, 2021, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 5.57%.
Year-on-year quarterly revenue growth grew by 19%, now sitting on 10.41M 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 3.49%.
Volatility
Kentucky First Federal Bancorp's last day, week, and month's current volatility was 0.57%, 0.71%, and 0.56%, respectively.
Kentucky First Federal Bancorp's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.28% (day), 1.10% (last week), and 1.12% (last month), respectively.
Kentucky First Federal Bancorp's Stock Yearly Top and Bottom Value
Kentucky First Federal Bancorp's stock is valued at $7.03 at 14:23 EST, way below its 52-week high of $8.16 and way higher than its 52-week low of $6.09.
Kentucky First Federal Bancorp's Moving Average
Kentucky First Federal Bancorp's worth is below its 50-day moving average of $7.16 and below its 200-day moving average of $7.13.3. Broadcom (AVGO)
104.07% Payout Ratio
Broadcom Inc. designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.
Volume
Today's last reported volume for Broadcom is 663515, 56.62% below its average volume of 1529700.
As maintained by Morningstar, Inc., the next dividend payment is on Sep 20, 2021, the estimated forward annual dividend rate is 14.4 and the estimated forward annual dividend yield is 2.82%.
Broadcom's sales growth this year is expected to be 14.7% and 7% for next year.
Year-on-year quarterly revenue growth grew by 16.4%, now sitting on 26.51B for the twelve trailing months.
Broadcom's sales growth for the current quarter is 13.8%. The company's growth estimates for the present quarter and the next is 21.9% and 14.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 25.32%.
Volatility
Broadcom's last day, week, and month's current volatility was 0.40%, 1.45%, and 1.06%, respectively.
Broadcom's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.65% (day), 1.91% (last week), and 1.81% (last month), respectively.
Broadcom's Stock Yearly Top and Bottom Value
Broadcom's stock is valued at $525.45 at 14:23 EST, below its 52-week high of $536.07 and way above its 52-week low of $346.66.
Broadcom's Moving Average
Broadcom's worth is higher than its 50-day moving average of $502.02 and higher than its 200-day moving average of $478.77.Previous days news about Broadcom (AVGO)
- According to Bloomberg Quint on Wednesday, 27 October, "Other customers, including Broadcom Inc., MediaTek Inc. and Marvell Technology Group Ltd., have been supportive of the transaction."
- 14-year-old mathematician discovers a new way to accelerate calculations and computing using 'antiprime' numbers; wins $25,000 top award at the broadcom masters. According to Business Insider on Friday, 29 October, "Through its world-class competitions, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Broadcom MASTERS, and its award-winning magazine,Science NewsandScience Newsfor Students, Society for Science is committed to inform, educate and inspire. ", "Rising Star Awards:In recognition of their promise as two of the youngest competitors, two Rising Stars win the opportunity to represent the U.S. as a delegate to Broadcom MASTERS International. "
4. Packaging Corporation of America (PKG)
50.96% Payout Ratio
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States.
Volume
Today's last reported volume for Packaging Corporation of America is 521472, 18.36% below its average volume of 638784.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2021, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 2.91%.
Packaging Corporation of America's sales growth this year is anticipated to be 14.1% and 4.5% for next year.
Year-on-year quarterly revenue growth grew by 18.1%, now sitting on 7.4B for the twelve trailing months.
Packaging Corporation of America's sales growth is 12.4% for the current quarter and 14.3% for the next. The company's growth estimates for the current quarter and the next is 56.4% and 24.3%.
Volatility
Packaging Corporation of America's last day, week, and month's current volatility was 1.04%, 1.13%, and 1.19%, respectively.
Packaging Corporation of America's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.73% (day), 2.67% (last week), and 2.64% (last month), respectively.
Packaging Corporation of America's Stock Yearly Top and Bottom Value
Packaging Corporation of America's stock is valued at $137.37 at 14:23 EST, way below its 52-week high of $156.54 and way above its 52-week low of $115.32.