(VIANEWS) – Principal Real Estate Income Fund (PGZ), Trinity Industries (TRN), Diageo (DEO) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio so far. 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. Principal Real Estate Income Fund (PGZ)

201.39% Payout Ratio

ALPS Advisers, Inc. launched the Principal Real Estate Income Fund, a closed-ended balanced mutual fund that is managed by ALPS Advisers, Inc. Principal Real Estate Investors, LLC co-manage it.

Volume

Today’s last reported volume for Principal Real Estate Income Fund is 245, 98.45% below its average volume of 15901.

As maintained by Morningstar, Inc., the next dividend payment is on Aug 15, 2022, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 10.06%.

Volatility

Principal Real Estate Income Fund’s last day, week, and month’s current intraday variation average was 0.40%, 0.64%, and 0.75%, respectively.

Principal Real Estate Income Fund’s highest amplitude of average volatility was 1.44% (day), 1.28% (last week), and 1.74% (last month), respectively.

Principal Real Estate Income Fund’s Stock Yearly Top and Bottom Value

Principal Real Estate Income Fund’s stock is valued at $12.60 at 14:23 EST, way under its 52-week high of $16.12 and higher than its 52-week low of $12.09.

Principal Real Estate Income Fund’s Moving Average

Principal Real Estate Income Fund’s worth is under its 50-day moving average of $13.00 and way below its 200-day moving average of $14.65.

2. Trinity Industries (TRN)

172% Payout Ratio

Trinity Industries, Inc. offers rail transport products and services in North America under the name TrinityRail.

Volume

Today’s last reported volume for Trinity Industries is 36970, 96.2% below its average volume of 974398.

As maintained by 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 3.87%.

Trinity Industries’s sales growth this year is expected to be 57.4% and 21% for next year.

Year-on-year quarterly revenue growth grew by 42.9%, now sitting on 1.66B for the twelve trailing months.

Trinity Industries’s sales growth is 56.1% for the present quarter and 31.1% for the next. The company’s growth estimates for the next quarter is 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 3.32%.

Volatility

Trinity Industries’s last day, week, and month’s current intraday variation average was 2.44%, 2.72%, and 2.15%, respectively.

Trinity Industries’s highest amplitude of average volatility was 2.96% (day), 3.47% (last week), and 3.37% (last month), respectively.

Trinity Industries’s Stock Yearly Top and Bottom Value

Trinity Industries’s stock is valued at $24.21 at 14:23 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 worth is above its 50-day moving average of $24.04 and way below its 200-day moving average of $28.34.

3. Diageo (DEO)

139.41% Payout Ratio

Together with its subsidiaries Diageo plc produces, markets and sells alcohol beverages.

Volume

Today’s last reported volume for Diageo is 170996, 61.23% below its average volume of 441061.

As maintained by Morningstar, Inc., the next dividend payment is on Feb 24, 2021, the estimated forward annual dividend rate is 3.73 and the estimated forward annual dividend yield is 1.92%.

Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 11.43B 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 13.41%.

Volatility

Diageo’s last day, week, and month’s current intraday variation average was 1.61%, 0.92%, and 1.31%, respectively.

Diageo’s highest amplitude of average volatility was 1.00% (day), 1.11% (last week), and 1.24% (last month), respectively.

Diageo’s Stock Yearly Top and Bottom Value

Diageo’s stock is valued at $190.09 at 14:23 EST, way below its 52-week high of $213.12 and way higher than its 52-week low of $153.67.

Diageo’s Moving Average

Diageo’s worth is below its 50-day moving average of $202.57 and under its 200-day moving average of $190.93.

4. PIMCO California Municipal Income Fund (PCQ)

134.48% Payout Ratio

PIMCO California Municipal income Fund is an open-ended fixed income mutual fund that was launched by Allianz Global Investors Fund Management LLC.

Volume

Today’s last reported volume for PIMCO California Municipal Income Fund is 13573, 64.16% below its average volume of 37881.

As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2022, the estimated forward annual dividend rate is 0.78 and the estimated forward annual dividend yield is 5.23%.

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 2.20%, 1.40%, and 1.17%, respectively.

PIMCO California Municipal Income Fund’s highest amplitude of average volatility was 1.98% (day), 1.67% (last week), and 2.17% (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 $15.33 at 14:23 EST, way below 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 worth is above its 50-day moving average of $15.20 and below its 200-day moving average of $16.84.

5. Madison Covered Call & Equity Strategy Fund (MCN)

66.67% Payout Ratio

Madison Covered Call & Equity Strategy Fund, a closed-ended equity mutual funds, was launched by Madison Investment Holdings, Inc. Madison Asset Management, LLC manages it.

Volume

Today’s last reported volume for Madison Covered Call & Equity Strategy Fund is 48220, 42.93% below its average volume of 84495.

As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2022, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 10.59%.

Year-on-year quarterly revenue growth grew by 8.9%, now sitting on 1.99M 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 14.82%.

Volatility

Madison Covered Call & Equity Strategy Fund’s last day, week, and month’s current intraday variation average was 0.44%, 0.62%, and 0.78%, respectively.

Madison Covered Call & Equity Strategy Fund’s highest amplitude of average volatility was 1.47% (day), 1.66% (last week), and 1.80% (last month), respectively.

Madison Covered Call & Equity Strategy Fund’s Stock Yearly Top and Bottom Value

Madison Covered Call & Equity Strategy Fund’s stock is valued at $6.80 at 14:23 EST, way below its 52-week high of $8.54 and higher than its 52-week low of $6.44.

Madison Covered Call & Equity Strategy Fund’s Moving Average

Madison Covered Call & Equity Strategy Fund’s value is below its 50-day moving average of $6.88 and way below its 200-day moving average of $7.62.

6. AllianzGI Convertible & Income Fund II (NCZ)

32.14% Payout Ratio

AllianzGI Convertible & Income Fund II, a closed-ended fixed income mutual fund that was launched by Allianz Global Investors Fund Management LLC.

Volume

Today’s last reported volume for AllianzGI Convertible & Income Fund II is 646730, 4.16% below its average volume of 674811.

As claimed by Morningstar, Inc., the next dividend payment is on Aug 9, 2022, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 13.68%.

Year-on-year quarterly revenue growth declined by 30.1%, now sitting on 22.02M for the twelve trailing months.

AllianzGI Convertible & Income Fund II’s Stock Yearly Top and Bottom Value

AllianzGI Convertible & Income Fund II’s stock is valued at $3.29 at 14:23 EST, way under its 52-week high of $5.51 and way above its 52-week low of $2.84.

AllianzGI Convertible & Income Fund II’s Moving Average

AllianzGI Convertible & Income Fund II’s worth is above its 50-day moving average of $3.25 and way under its 200-day moving average of $4.34.

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