(VIANEWS) – TransCanada (TRP), Myers Industries (MYE), Xylem (XYL) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee 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. TransCanada (TRP)

105.41% Payout Ratio

TC Energy Corporation is an American energy infrastructure firm.

Volume

Today’s last reported volume for TransCanada is 931465, 43.91% below its average volume of 1660900.

As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2022, the estimated forward annual dividend rate is 2.81 and the estimated forward annual dividend yield is 5.07%.

TransCanada’s sales growth this year is expected to be 4.6% and 5.5% for next year.

Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 13.51B for the twelve trailing months.

TransCanada’s sales growth is 5.6% for the current quarter and 5.2% for the next. The company’s growth estimates for the current quarter and the next is negative 10.6% and negative -1.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.46%.

Volatility

TransCanada’s last day, week, and month’s current intraday variation average was 0.72%, 1.40%, and 0.88%, respectively.

TransCanada’s highest amplitude of average volatility was 1.54% (day), 2.09% (last week), and 1.58% (last month), respectively.

TransCanada’s Stock Yearly Top and Bottom Value

TransCanada’s stock is valued at $56.94 at 20:23 EST, under its 52-week high of $59.38 and way higher than its 52-week low of $44.77.

TransCanada’s Moving Average

TransCanada’s worth is above its 50-day moving average of $56.74 and higher than its 200-day moving average of $52.10.

2. Myers Industries (MYE)

45.38% Payout Ratio

Myers Industries, Inc. produces and sells polymer products in America and abroad.

Volume

Today’s last reported volume for Myers Industries is 81736, 47.63% below its average volume of 156101.

According to Morningstar, Inc., the next dividend payment is on Mar 15, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 2.29%.

Myers Industries’s sales growth this year is expected to be 14.7% and 5.9% for next year.

Year-on-year quarterly revenue growth grew by 45.2%, now sitting on 761.44M for the twelve trailing months.

Myers Industries’s sales growth for the current quarter is 16.1%. The company’s growth estimates for the ongoing quarter and the next is 31% and 52.2%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.83%.

Volatility

Myers Industries’s last day, week, and month’s current intraday variation average was 0.16%, 1.83%, and 2.10%, respectively.

Myers Industries’s highest amplitude of average volatility was 1.08% (day), 2.46% (last week), and 3.75% (last month), respectively.

Myers Industries’s Stock Yearly Top and Bottom Value

Myers Industries’s stock is valued at $25.08 at 20:23 EST, below its 52-week high of $25.24 and way above its 52-week low of $15.82.

Myers Industries’s Moving Average

Myers Industries’s worth is way above its 50-day moving average of $22.31 and way above its 200-day moving average of $20.28.

3. Xylem (XYL)

43.14% Payout Ratio

Xylem Inc. designs, produces, and services engineered products for water and wastewater applications throughout the United States and Europe.

Volume

Today’s last reported volume for Xylem is 715088, 42.29% below its average volume of 1239230.

As stated by Morningstar, Inc., the next dividend payment is on Nov 21, 2021, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 0.9%.

Xylem’s sales growth this year is expected to be 10.4% and 6.2% for next year.

Year-on-year quarterly revenue growth grew by 3.7%, now sitting on 5.25B for the twelve trailing months.

Xylem’s sales growth is 8.1% for the current quarter and 5.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 3.2% and 2.5%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.46%.

Volatility

Xylem’s last day, week, and month’s current intraday variation average was 3.22%, 2.22%, and 1.52%, respectively.

Xylem’s highest amplitude of average volatility was 2.28% (day), 2.08% (last week), and 2.18% (last month), respectively.

Xylem’s Stock Yearly Top and Bottom Value

Xylem’s stock is valued at $80.42 at 20:23 EST, way under its 52-week low of $94.63.

Xylem’s Moving Average

Xylem’s value is way below its 50-day moving average of $125.77 and way under its 200-day moving average of $120.36.

4. Randgold (GOLD)

33.94% Payout Ratio

Barrick Gold Corporation is engaged in exploration, mining development, production and sales of copper and gold properties.

Volume

Today’s last reported volume for Randgold is 19745800, 6.44% above its average volume of 18549900.

As claimed by Morningstar, Inc., the next dividend payment is on May 25, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 1.96%.

Randgold’s sales growth this year is anticipated to be negative 2.8% and a negative 0.1% for next year.

Year-on-year quarterly revenue growth grew by 0.9%, now sitting on 11.99B for the twelve trailing months.

Randgold’s sales growth is negative 10.1% for the present quarter and negative 0.7% for the next. The company’s growth estimates for the current quarter and the next is negative 24.4% and negative -5.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.27%.

Volatility

Randgold’s last day, week, and month’s current intraday variation average was 4.68%, 2.03%, and 1.65%, respectively.

Randgold’s highest amplitude of average volatility was 7.41% (day), 3.35% (last week), and 2.76% (last month), respectively.

Randgold’s Stock Yearly Top and Bottom Value

Randgold’s stock is valued at $21.06 at 20:23 EST, way under its 52-week high of $26.07 and way above its 52-week low of $17.27.

Randgold’s Moving Average

Randgold’s worth is under its 50-day moving average of $22.42 and higher than its 200-day moving average of $20.62.

5. Cintas Corporation (CTAS)

31.86% Payout Ratio

Cintas Corporation offers corporate identity uniforms as well as related services, primarily in North America and Latin America.

Volume

Today’s last reported volume for Cintas Corporation is 282949, 43.49% below its average volume of 500709.

As stated by Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 3.8 and the estimated forward annual dividend yield is 1.01%.

Cintas Corporation’s sales growth this year is expected to be 9.4% and 7.1% for next year.

Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 7.62B for the twelve trailing months.

Cintas Corporation’s sales growth for the current quarter is 9.3%. The company’s growth estimates for the present quarter and the next is 8.5% and 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 34.01%.

Volatility

Cintas Corporation’s last day, week, and month’s current intraday variation average was 4.31%, 1.89%, and 1.68%, respectively.

Cintas Corporation’s highest amplitude of average volatility was 2.88% (day), 2.30% (last week), and 2.44% (last month), respectively.

Cintas Corporation’s Stock Yearly Top and Bottom Value

Cintas Corporation’s stock is valued at $376.14 at 20:23 EST, way below its 52-week high of $461.44 and above its 52-week low of $350.18.

Cintas Corporation’s Moving Average

Cintas Corporation’s worth is below its 50-day moving average of $397.37 and below its 200-day moving average of $405.17.

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