(VIANEWS) - Trinity Industries (TRN), PIMCO California Municipal Income Fund (PCQ), Putnam High Income Securities Fund (PCF) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio at the moment. 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 investigating 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. Trinity Industries (TRN)
149.15% Payout Ratio
Trinity Industries, Inc. offers North American rail transport products and services, under the TrinityRail brand. The company operates two segments: Railcar Leasing and Management Services Group and Rail Products Group. Railcar Leasing and Management Services Group is a segment that leases tank and freight railcars. It also originates and manages railcar leasing for third-party investors and offers fleet management and maintenance services. It had a fleet totaling 106,970 leased or owned railcars as of December 31, 2021. The segment is used by railroad and industrial shippers, as well as companies that operate in the fields of agriculture, construction, metals and energy. Rail Products Group manufactures tank and freight railcars that can transport various liquids and gases. It also offers maintenance and modification of railcars. This section serves railways and leasing companies as well as industrial shippers who transport products to markets in agriculture, construction, metals and energy. The company sells and leases its products and services via independent sales reps and sales staff. Trinity Industries, Inc., was founded in 1933. It is located in Dallas, Texas.
Volume
Today's last reported volume for Trinity Industries is 22441, 97.47% below its average volume of 889072.
According to Morningstar, Inc., the next dividend payment is on Jul 13, 2022, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.37%.
Trinity Industries's sales growth this year is anticipated to be 54.2% and 25.9% for next year.
Year-on-year quarterly revenue growth grew by 42.1%, now sitting on 1.78B for the twelve trailing months.
Trinity Industries's sales growth is 35.5% for the current quarter and 64.6% for the next. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.04%.
Volatility
Trinity Industries's last day, week, and month's current intraday variation average was 1.19%, 1.68%, and 1.87%, respectively.
Trinity Industries's highest amplitude of average volatility was 1.62% (day), 2.75% (last week), and 3.06% (last month), respectively.
Trinity Industries's Stock Yearly Top and Bottom Value
Trinity Industries's stock is valued at $27.45 at 02:23 EST, way below its 52-week high of $35.35 and way higher than its 52-week low of $20.94.
Trinity Industries's Moving Average
Trinity Industries's value is way higher than its 50-day moving average of $24.40 and under its 200-day moving average of $28.14.2. PIMCO California Municipal Income Fund (PCQ)
134.48% Payout Ratio
PIMCO California Municipal income Fund is an closed-ended fixed income mutual fund that was launched by Allianz Global Investors Fund Management LLC. Pacific Investment Management Company LLC co-manages the fund. It invests in the fixed-income markets of the United States. The fund invests in stocks from companies that operate across multiple sectors. This fund invests primarily in municipal bonds. PIMCO California Municipal Income Fund was established on June 29, 2001, and is based in New York.
Volume
Today's last reported volume for PIMCO California Municipal Income Fund is 12090, 58.45% below its average volume of 29098.
As maintained by Morningstar, Inc., the next dividend payment is on Aug 9, 2022, the estimated forward annual dividend rate is 0.78 and the estimated forward annual dividend yield is 5.19%.
Year-on-year quarterly revenue growth declined by 2.8%, now sitting on 17.31M 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 2.8%.
Volatility
PIMCO California Municipal Income Fund's last day, week, and month's current intraday variation average was 0.67%, 0.56%, and 0.67%, respectively.
PIMCO California Municipal Income Fund's highest amplitude of average volatility was 0.80% (day), 1.24% (last week), and 1.45% (last month), respectively.
PIMCO California Municipal Income Fund's Stock Yearly Top and Bottom Value
PIMCO California Municipal Income Fund's stock is valued at $15.04 at 02:23 EST, way under its 52-week high of $20.19 and way above its 52-week low of $13.40.
PIMCO California Municipal Income Fund's Moving Average
PIMCO California Municipal Income Fund's value is under its 50-day moving average of $15.23 and under its 200-day moving average of $16.35.3. Putnam High Income Securities Fund (PCF)
108.35% Payout Ratio
Putnam Investment Management, LLC launched the High Income Securities Fund, a closed-ended, balanced income mutual fund. Putnam Investments Limited co-manages the fund. The fund invests in fixed income markets in the United States. It invests in stocks from companies that operate across diverse sectors. The fund invests both in convertible preferred stock and bonds. It benchmarks its portfolio performance against a composite index that includes 50% JPMorgan Developed High Yield Index, 50% BofA Merrill Lynch AllConvertibles Speculative Q Index. This fund, formerly called Putnam High Income Securities Fund High Income Securities Fund, was established on July 9, 1987. It is currently domiciled in the United States.
Volume
Today's last reported volume for Putnam High Income Securities Fund is 165223, 113.87% above its average volume of 77251.
As claimed by Morningstar, Inc., the next dividend payment is on Sep 19, 2022, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 12.05%.
Year-on-year quarterly revenue growth grew by 63.9%, now sitting on 3.61M 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 7.08%.
Volatility
Putnam High Income Securities Fund's last day, week, and month's current intraday variation average was 1.65%, 0.76%, and 0.70%, respectively.
Putnam High Income Securities Fund's highest amplitude of average volatility was 2.63% (day), 1.69% (last week), and 1.35% (last month), respectively.
Putnam High Income Securities Fund's Stock Yearly Top and Bottom Value
Putnam High Income Securities Fund's stock is valued at $7.27 at 02:23 EST, way under its 52-week high of $10.09 and above its 52-week low of $7.11.
Putnam High Income Securities Fund's Moving Average
Putnam High Income Securities Fund's value is below its 50-day moving average of $7.57 and below its 200-day moving average of $8.02.4. Ames National Corporation (ATLO)
44.68% Payout Ratio
Ames National Corporation is a multibank holding company. It provides services and products in central and north-central Iowa's Polk, Marshall and Story counties. It accepts deposits of all types, including savings and checking accounts, as well as time deposits such money market accounts or certificates of deposit. The company also offers loans such as loans to short-term, medium-term, commercial, agricultural, or residential real estate. It can also provide loans for equipment, vehicles, home improvements, personal loans, lines of credit, lines of credit, lines of credit, lines of credit, loans for agricultural, business, and other purposes. The company also offers merchant credit card processing and cash management. It can wire transfer and deposit payroll, secure deposit boxes, equipment, vehicle, and home improvement loans. Additionally, it provides automated/video-teller machine access and drafts to various accounts. It also offers investment and farm management services as well as custodial and custodial services to individuals, non-profit organisations, and businesses. Ames National Corporation was established in 1903. It is located in Ames, Iowa.
Volume
Today's last reported volume for Ames National Corporation is 5712, 66.58% below its average volume of 17093.
According to Morningstar, Inc., the next dividend payment is on Jul 28, 2022, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 4.85%.
Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 65.13M 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 11.62%.
Volatility
Ames National Corporation's last day, week, and month's current intraday variation average was 0.54%, 0.29%, and 0.27%, respectively.
Ames National Corporation's highest amplitude of average volatility was 1.31% (day), 1.45% (last week), and 1.88% (last month), respectively.
Ames National Corporation's Stock Yearly Top and Bottom Value
Ames National Corporation's stock is valued at $22.28 at 02:23 EST, way under its 52-week high of $25.55 and higher than its 52-week low of $21.81.