(VIANEWS) – The RMR Group (RMR), Avnet (AVT), John Hancock (HPI) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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. The RMR Group (RMR)

89.94% Payout Ratio

The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States.

Volume

Today’s last reported volume for The RMR Group is 60352, 41.09% below its average volume of 102465.

As claimed by Morningstar, Inc., the next dividend payment is on Sep 1, 2021, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 4.5%.

The RMR Group’s sales growth this year is expected to be negative 1.1% and 2.9% for next year.

Year-on-year quarterly revenue growth grew by 15.9%, now sitting on 169.04M for the twelve trailing months.

The RMR Group’s sales growth for the current quarter is negative 0.2%. The company’s growth estimates for the ongoing quarter and the next is 28.9% and 14.8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.85%.

Volatility

The RMR Group’s last day, week, and month’s current volatility was 1.98%, 1.34%, and 1.44%, respectively.

The RMR Group’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.39% (day), 2.75% (last week), and 2.16% (last month), respectively.

The RMR Group’s Stock Yearly Top and Bottom Value

The RMR Group’s stock is valued at $34.90 at 02:23 EST, way under its 52-week high of $47.12 and way higher than its 52-week low of $25.10.

The RMR Group’s Moving Average

The RMR Group’s worth is higher than its 50-day moving average of $33.99 and under its 200-day moving average of $38.33.

2. Avnet (AVT)

44.04% Payout Ratio

Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components.

Volume

Today’s last reported volume for Avnet is 465155, 19.74% below its average volume of 579623.

As maintained by Morningstar, Inc., the next dividend payment is on Sep 2, 2021, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 2.52%.

Avnet’s sales growth this year is expected to be 8.1% and 2.2% for next year.

Year-on-year quarterly revenue growth grew by 25.7%, now sitting on 19.53B for the twelve trailing months.

Avnet’s sales growth for the current quarter is 11.9%. The company’s growth estimates for the present quarter and the next is 200% and 127.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.95%.

Volatility

Avnet’s last day, week, and month’s current volatility was 0.11%, 0.42%, and 1.10%, respectively.

Avnet’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.20% (day), 1.89% (last week), and 2.28% (last month), respectively.

Avnet’s Stock Yearly Top and Bottom Value

Avnet’s stock is valued at $37.84 at 02:23 EST, way under its 52-week high of $45.43 and way above its 52-week low of $24.30.

Avnet’s Moving Average

Avnet’s value is higher than its 50-day moving average of $37.69 and under its 200-day moving average of $40.85.

3. John Hancock (HPI)

38.39% Payout Ratio

John Hancock Preferred Income Fund is a closed ended balanced mutual fund launched and managed by John Hancock Investment Management LLC.

Volume

Today’s last reported volume for John Hancock is 57555, 72.67% above its average volume of 33331.

As maintained by Morningstar, Inc., the next dividend payment is on Oct 7, 2021, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 6.79%.

Year-on-year quarterly revenue growth declined by 3.2%, now sitting on 44.8M 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 19.69%.

Volatility

John Hancock’s last day, week, and month’s current volatility was 0.55%, 0.33%, and 0.49%, respectively.

John Hancock’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.74% (day), 0.55% (last week), and 0.80% (last month), respectively.

John Hancock’s Stock Yearly Top and Bottom Value

John Hancock’s stock is valued at $21.82 at 02:23 EST, below its 52-week high of $22.00 and way above its 52-week low of $17.89.

John Hancock’s Moving Average

John Hancock’s worth is higher than its 50-day moving average of $21.59 and above its 200-day moving average of $21.37.

4. ChoiceOne Financial Services (COFS)

34.96% Payout Ratio

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank and Lakestone Bank & Trust that provides community banking services to corporations, partnerships, and individuals in Michigan.

Volume

Today’s last reported volume for ChoiceOne Financial Services is 2440, 58.92% below its average volume of 5941.

As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2021, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 4.04%.

Year-on-year quarterly revenue growth grew by 8.2%, now sitting on 76.96M 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 8.91%.

Volatility

ChoiceOne Financial Services’s last day, week, and month’s current volatility was 0.76%, 0.70%, and 0.51%, respectively.

ChoiceOne Financial Services’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 5.66% (day), 3.20% (last week), and 1.95% (last month), respectively.

ChoiceOne Financial Services’s Stock Yearly Top and Bottom Value

ChoiceOne Financial Services’s stock is valued at $25.05 at 02:23 EST, way below its 52-week high of $32.80 and way higher than its 52-week low of $22.76.

ChoiceOne Financial Services’s Moving Average

ChoiceOne Financial Services’s worth is higher than its 50-day moving average of $24.90 and above its 200-day moving average of $24.66.

LEAVE A REPLY

Please enter your comment!
Please enter your name here