(VIANEWS) - Xerox Corporation (XRX), TCW Strategic Income Fund (TSI), BlackRock Credit Allocation Income Trust (BTZ) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio so far. 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. Xerox Corporation (XRX)
71.43% Payout Ratio
Volume
Today's last reported volume for Xerox Corporation is 2513710, 26.09% above its average volume of 1993540.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 28, 2021, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 4.44%.
Xerox Corporation's sales growth this year is expected to be 3.6% and a negative 1.7% for next year.
Year-on-year quarterly revenue growth grew by 22.4%, now sitting on 7.2B for the twelve trailing months.
Xerox Corporation's sales growth is 2.8% for the ongoing quarter and 1.3% for the next. The company's growth estimates for the present quarter and the next is negative 8.3% and 17.2%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.3%.
Volatility
Xerox Corporation's last day, week, and month's current volatility was 2.13%, 1.15%, and 1.53%, respectively.
Xerox Corporation's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.31% (day), 1.89% (last week), and 2.69% (last month), respectively.
Xerox Corporation's Stock Yearly Top and Bottom Value
Xerox Corporation's stock is valued at $20.76 at 08:23 EST, way under its 52-week high of $26.96 and way higher than its 52-week low of $17.05.
Xerox Corporation's Moving Average
Xerox Corporation's worth is way under its 50-day moving average of $23.23 and way below its 200-day moving average of $24.10.2. TCW Strategic Income Fund (TSI)
68.78% Payout Ratio
TCW Strategic Income Fund, Inc. is a close-ended balanced mutual fund launched by The TCW Group, Inc. The fund is managed by TCW Investment Management Company.
Volume
Today's last reported volume for TCW Strategic Income Fund is 82772, 0.68% above its average volume of 82209.
As claimed by Morningstar, Inc., the next dividend payment is on Jun 28, 2021, the estimated forward annual dividend rate is 0.21 and the estimated forward annual dividend yield is 3.63%.
Year-on-year quarterly revenue growth declined by 17.6%, now sitting on 16.34M 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 6.72%.
Volatility
TCW Strategic Income Fund's last day, week, and month's current volatility was 0.35%, 0.49%, and 0.36%, respectively.
TCW Strategic Income Fund's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.88% (day), 1.57% (last week), and 1.02% (last month), respectively.
TCW Strategic Income Fund's Stock Yearly Top and Bottom Value
TCW Strategic Income Fund's stock is valued at $5.76 at 08:23 EST, under its 52-week high of $5.96 and above its 52-week low of $5.44.
TCW Strategic Income Fund's Moving Average
TCW Strategic Income Fund's worth is under its 50-day moving average of $5.86 and under its 200-day moving average of $5.78.3. BlackRock Credit Allocation Income Trust (BTZ)
57.53% Payout Ratio
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited.
Volume
Today's last reported volume for BlackRock Credit Allocation Income Trust is 178270, 15.17% below its average volume of 210160.
As maintained by Morningstar, Inc., the next dividend payment is on Jul 13, 2021, the estimated forward annual dividend rate is 1.01 and the estimated forward annual dividend yield is 6.49%.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 10.76%.
Volatility
BlackRock Credit Allocation Income Trust's last day, week, and month's current volatility was 0.52%, 0.43%, and 0.28%, respectively.
BlackRock Credit Allocation Income Trust's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.05% (day), 0.98% (last week), and 0.69% (last month), respectively.
BlackRock Credit Allocation Income Trust's Stock Yearly Top and Bottom Value
BlackRock Credit Allocation Income Trust's stock is valued at $15.29 at 08:23 EST, below its 52-week high of $15.95 and way above its 52-week low of $13.66.
BlackRock Credit Allocation Income Trust's Moving Average
BlackRock Credit Allocation Income Trust's value is below its 50-day moving average of $15.46 and above its 200-day moving average of $15.06.4. Citrix Systems (CTXS)
49.83% Payout Ratio
Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide.
Volume
Today's last reported volume for Citrix Systems is 4004140, 172.94% above its average volume of 1467000.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 8, 2021, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 1.43%.
Citrix Systems's sales growth this year is expected to be negative 0.1% and 7.6% for next year.
Year-on-year quarterly revenue growth grew by 1.6%, now sitting on 3.16B for the twelve trailing months.
Citrix Systems's sales growth is 1.4% for the present quarter and 7% for the next. The company's growth estimates for the present quarter and the next is negative 31.2% and negative -8.9%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 364.5%.
Volatility
Citrix Systems's last day, week, and month's current volatility was 2.99%, 1.27%, and 0.70%, respectively.
Citrix Systems's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 5.56% (day), 2.31% (last week), and 1.53% (last month), respectively.
Citrix Systems's Stock Yearly Top and Bottom Value
Citrix Systems's stock is valued at $106.59 at 08:23 EST, way below its 52-week high of $146.94 and way higher than its 52-week low of $94.66.
Citrix Systems's Moving Average
Citrix Systems's worth is higher than its 50-day moving average of $104.60 and way below its 200-day moving average of $120.93.Previous days news about Citrix Systems (CTXS)
- Elliott management has a more than $1 billion stake in citrix systems. According to The Wall Street Journal on Tuesday, 7 September, "Activist hedge fund Elliott Management Corp. has a more than $1 billion stake in Citrix Systems Inc. and wants the software company to take action to boost its lagging stock price, according to people familiar with the matter."
- According to Bloomberg Quint on Friday, 10 September, "It's workplace software maker Citrix Systems Inc., which was supposed to benefit from the lockdowns."
5. WesBanco (WSBC)
38.01% Payout Ratio
WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services.
Volume
Today's last reported volume for WesBanco is 340366, 35.52% above its average volume of 251142.
According to Morningstar, Inc., the next dividend payment is on Sep 8, 2021, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 4.14%.
WesBanco's sales growth this year is expected to be negative 3.5% and a negative 4.7% for next year.
Year-on-year quarterly revenue growth grew by 92.1%, now sitting on 642.18M for the twelve trailing months.
WesBanco's sales growth is negative 5.7% for the current quarter and negative 5.5% for the next. The company's growth estimates for the current quarter and the next is 13.6% and negative -6.6%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 8.89%.
Volatility
WesBanco's last day, week, and month's current volatility was 2.01%, 1.39%, and 1.30%, respectively.
WesBanco's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.35% (day), 2.34% (last week), and 2.46% (last month), respectively.
WesBanco's Stock Yearly Top and Bottom Value
WesBanco's stock is valued at $31.88 at 08:23 EST, way under its 52-week high of $39.87 and way above its 52-week low of $19.56.
WesBanco's Moving Average
WesBanco's worth is below its 50-day moving average of $33.34 and way below its 200-day moving average of $35.64.6. STERIS (STE)
33.91% Payout Ratio
STERIS plc provides infection prevention and other procedural products and services worldwide.
Volume
Today's last reported volume for STERIS is 463419, 2.24% below its average volume of 474067.
As maintained by Morningstar, Inc., the next dividend payment is on May 26, 2021, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 0.78%.
STERIS's sales growth this year is anticipated to be 47.6% and 10.3% for next year.
Year-on-year quarterly revenue growth grew by 6.1%, now sitting on 3.11B for the twelve trailing months.
STERIS's sales growth is 44.8% for the present quarter and 59.3% for the next. The company's growth estimates for the present quarter and the next is 13.7% and 23%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 10.86%.
Volatility
STERIS's last day, week, and month's current volatility was 0.11%, 0.44%, and 0.82%, respectively.
STERIS's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.59% (day), 1.29% (last week), and 1.74% (last month), respectively.
STERIS's Stock Yearly Top and Bottom Value
STERIS's stock is valued at $209.71 at 08:23 EST, under its 52-week high of $217.15 and way above its 52-week low of $151.79.