We have congregated information concerning stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a assurance of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.

When researching a potential investment, the dividend payout ratio is a good statistic to know and anything around 60 percent is considered high.

1. TransCanada Corporation | 67.23% Payout Ratio

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.

As stated by Morningstar, Inc., the next dividend pay date is on Dec 29, 2020, the estimated forward annual dividend rate is 2.43 and the estimated forward annual dividend yield is 5.41%.

TransCanada Corporation sales growth this year is anticipated to be negative 12.2% and 30.8% for next year.

Year-on-year quarterly revenue growth grew by 2%, now sitting on N/A for the twelve trailing months.

TransCanada Corporation’s sales growth for the next quarter is a negative 10.6%. The company’s growth estimates for the current quarter and the next is 4.7% and negative -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 14.68%.

TransCanada Corporation’s stock is valued at $45.02 at 13:31 EST, way below its 52-week high of $57.92 and way higher than its 52-week low of $32.37.

TransCanada Corporation’s worth is above its 50-day moving average of $41.97 and above its 200-day moving average of $44.32.

2. MSC Industrial Direct Company, Inc. | 66.52% Payout Ratio

MSC Industrial Direct Co., Inc.

As stated by Morningstar, Inc., the next dividend pay date is on Nov 29, 2020, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.6%.

MSC Industrial Direct Company, Inc. sales growth this year is expected to be negative 0.2% and 4.9% for next year.

Year-on-year quarterly revenue growth declined by 11.3%, now sitting on 3.19B for the twelve trailing months.

MSC Industrial Direct Company, Inc.’s sales growth is a negative 0% for the current quarter and negative 1.4% for the next. The company’s growth estimates for the present quarter and the next is a negative 10.7% and 4%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.95%.

MSC Industrial Direct Company, Inc.’s stock is valued at $87.21 at 13:31 EST, under its 52-week high of $87.83 and way higher than its 52-week low of $44.93.

MSC Industrial Direct Company, Inc.’s worth is way above its 50-day moving average of $72.52 and way above its 200-day moving average of $68.52.

3. PennantPark Floating Rate Capital Ltd. | 242.55% Payout Ratio

PennantPark Floating Rate Capital Ltd. is a business development company.

As stated by Morningstar, Inc., the next dividend pay date is on Nov 15, 2020, the estimated forward annual dividend rate is 1.14 and the estimated forward annual dividend yield is 10.82%.

PennantPark Floating Rate Capital Ltd. sales growth this year is anticipated to be negative 6.4% and 5.3% for next year.

Year-on-year quarterly revenue growth declined by 8.9%, now sitting on 95.49M for the twelve trailing months.

PennantPark Floating Rate Capital Ltd.’s sales growth is a negative 10% for the ongoing quarter and negative 0% for the next. The company’s growth estimates for the current quarter and the next is a negative 6.9% and negative -10%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.76%.

PennantPark Floating Rate Capital Ltd.’s stock is valued at $10.54 at 13:31 EST, way under its 52-week high of $12.67 and way above its 52-week low of $3.34.

PennantPark Floating Rate Capital Ltd.’s worth is way above its 50-day moving average of $8.82 and way above its 200-day moving average of $8.50.

4. Comerica Incorporated | 74.66% Payout Ratio

Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Management.

As claimed by Morningstar, Inc., the next dividend pay date is on Dec 13, 2020, the estimated forward annual dividend rate is 2.72 and the estimated forward annual dividend yield is 5.39%.

Comerica Incorporated sales growth this year is anticipated to be negative 14% and a negative 3.4% for next year.

Year-on-year quarterly revenue growth declined by 12.6%, now sitting on 2.43B for the twelve trailing months.

Comerica Incorporated’s sales growth for the next quarter is a negative 6.3%. The company’s growth estimates for the ongoing quarter and the next is a negative 39.5% and 326.1%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.01%.

Comerica Incorporated’s stock is valued at $52.09 at 13:31 EST, way below its 52-week high of $73.43 and way above its 52-week low of $24.28.

Comerica Incorporated’s value is way above its 50-day moving average of $45.76 and way higher than its 200-day moving average of $39.98.

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