(VIANEWS) - Vodafone (VOD), Madison Covered Call & Equity Strategy Fund (MCN), Capitol Federal Financial (CFFN) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up until now. The payout ratio in itself isn't a promise 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. Vodafone (VOD)
2408.43% Payout Ratio
Vodafone Group Plc engages in telecommunication services in Europe and internationally.
Volume
Today's last reported volume for Vodafone is 2181720, 40.34% below its average volume of 3657520.
According to Morningstar, Inc., the next dividend payment is on Jun 23, 2021, the estimated forward annual dividend rate is 1.06 and the estimated forward annual dividend yield is 6.52%.
News about Vodafone (VOD) today
- According to today's article on Bloomberg Quint, "AGR relief will result in $11 billion cash flow savings till FY25 for Vodafone Idea and will cut its urgency to raise tariffs.", "According to Vodafone Idea (Vi), the measures would help support a competitive and sustainable telecom sector in the country."
- Telecom package - ‘equity option’ increases going concern visibility for vodafone idea: icici securities. According to today's article on Bloomberg Quint, "In worst case, we believe this could pave way for Vodafone Idea to become majority owned by the government, thus, increasing going concern visibility.", "We believe tariff hike should happen sooner as relief package entirely does not address Vodafone Idea's cashflow requirements, and even for raising funds, tariff hike remains critical."
Year-on-year quarterly revenue growth declined by 2.8%, now sitting on 43.81B 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 0.89%.
Volatility
Vodafone's last day, week, and month's current volatility was 0.53%, 0.40%, and 0.51%, respectively.
Vodafone's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.65% (day), 0.80% (last week), and 0.97% (last month), respectively.
Vodafone's Stock Yearly Top and Bottom Value
Vodafone's stock is valued at $16.17 at 08:23 EST, way under its 52-week high of $20.36 and way above its 52-week low of $13.14.
Vodafone's Moving Average
Vodafone's value is below its 50-day moving average of $16.81 and below its 200-day moving average of $17.90.Previous days news about Vodafone (VOD)
- According to Bloomberg Quint on Wednesday, 15 September, "The cabinet approved relief measures for India's telecommunications industry that has in the past decade narrowed to just three players-Bharti Airtel Ltd., Reliance Jio and Vodafone Idea Ltd.-with the last one in distress."
- According to Bloomberg Quint on Wednesday, 15 September, "I think from a future perspective, these are great clarities for the industry but the Vodafone problem may need much more! ", "However, for Vodafone Idea it is a different situation, and one has to wait and see what impact this will have. "
2. Madison Covered Call & Equity Strategy Fund (MCN)
156.52% Payout Ratio
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC.
Volume
Today's last reported volume for Madison Covered Call & Equity Strategy Fund is 51234, 2.52% below its average volume of 52563.
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2021, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 8.96%.
Year-on-year quarterly revenue growth declined by 37.4%, now sitting on 2.36M 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 6.34%.
Volatility
Madison Covered Call & Equity Strategy Fund's last day, week, and month's current volatility was 0.84%, 0.63%, and 0.62%, respectively.
Madison Covered Call & Equity Strategy Fund's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.20% (day), 1.11% (last week), and 1.00% (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 $8.35 at 08:23 EST, below its 52-week high of $8.49 and way higher than its 52-week low of $5.70.
Madison Covered Call & Equity Strategy Fund's Moving Average
Madison Covered Call & Equity Strategy Fund's worth is above its 50-day moving average of $8.16 and above its 200-day moving average of $7.97.3. Capitol Federal Financial (CFFN)
59.65% Payout Ratio
Capitol Federal Financial, Inc. operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States.
Volume
Today's last reported volume for Capitol Federal Financial is 130527, 70.37% below its average volume of 440539.
As claimed by Morningstar, Inc., the next dividend payment is on Jun 9, 2021, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 2.89%.
Capitol Federal Financial's sales growth this year is expected to be negative 9% and 3.1% for next year.
Year-on-year quarterly revenue growth grew by 87.2%, now sitting on 210.32M for the twelve trailing months.
Capitol Federal Financial's sales growth for the current quarter is negative 6.2%. The company's growth estimates for the current quarter and the next is negative 7.7% and negative -14.3%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 6.01%.
Volatility
Capitol Federal Financial's last day, week, and month's current volatility was 0.44%, 0.68%, and 0.86%, respectively.
Capitol Federal Financial's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.33% (day), 1.36% (last week), and 1.76% (last month), respectively.
Capitol Federal Financial's Stock Yearly Top and Bottom Value
Capitol Federal Financial's stock is valued at $11.06 at 08:23 EST, way under its 52-week high of $14.38 and way higher than its 52-week low of $8.75.
Capitol Federal Financial's Moving Average
Capitol Federal Financial's value is below its 50-day moving average of $11.27 and way below its 200-day moving average of $12.41.4. Nuveen Georgia Dividend Advantage Municipal Fund 2 (NKG)
53.57% Payout Ratio
Nuveen Georgia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors, LLC and Nuveen Asset Management, LLC.
Volume
Today's last reported volume for Nuveen Georgia Dividend Advantage Municipal Fund 2 is 3377, 72.8% below its average volume of 12419.
According to Morningstar, Inc., the next dividend payment is on Sep 13, 2021, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 3.92%.
Year-on-year quarterly revenue growth declined by 3.4%, now sitting on 7.78M 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 6.91%.
Volatility
Nuveen Georgia Dividend Advantage Municipal Fund 2's last day, week, and month's current volatility was 0.15%, 0.31%, and 0.35%, respectively.
Nuveen Georgia Dividend Advantage Municipal Fund 2's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.36% (day), 0.51% (last week), and 0.50% (last month), respectively.
Nuveen Georgia Dividend Advantage Municipal Fund 2's Stock Yearly Top and Bottom Value
Nuveen Georgia Dividend Advantage Municipal Fund 2's stock is valued at $13.79 at 08:23 EST, below its 52-week high of $14.21 and way higher than its 52-week low of $11.88.
Nuveen Georgia Dividend Advantage Municipal Fund 2's Moving Average
Nuveen Georgia Dividend Advantage Municipal Fund 2's worth is below its 50-day moving average of $13.86 and higher than its 200-day moving average of $13.54.5. StoneCastle Financial Corp (BANX)
49.03% Payout Ratio
StoneCastle Financial Corp. is a closed ended balanced mutual fund launched and managed by StoneCastle Asset Management LLC.
Volume
Today's last reported volume for StoneCastle Financial Corp is 324, 96.85% below its average volume of 10304.
According to Morningstar, Inc., the next dividend payment is on Sep 19, 2021, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 7.12%.
StoneCastle Financial Corp's sales growth this year is expected to be 8.2% and 12.4% for next year.
Year-on-year quarterly revenue growth grew by 5.9%, now sitting on 17.33M for the twelve trailing months.
StoneCastle Financial Corp's sales growth is 11% for the present quarter and 4.7% for the next. The company's growth estimates for the next quarter is negative 4.3%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 14.75%.
Volatility
StoneCastle Financial Corp's last day, week, and month's current volatility was 0.23%, 0.85%, and 0.54%, respectively.
StoneCastle Financial Corp's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.38% (day), 2.64% (last week), and 2.10% (last month), respectively.
StoneCastle Financial Corp's Stock Yearly Top and Bottom Value
StoneCastle Financial Corp's stock is valued at $21.59 at 08:23 EST, under its 52-week high of $22.67 and way above its 52-week low of $17.80.
StoneCastle Financial Corp's Moving Average
StoneCastle Financial Corp's value is under its 50-day moving average of $21.87 and above its 200-day moving average of $21.16.6. Western Asset Managed Municipals Fund (MMU)
31.55% Payout Ratio
Western Asset Managed Municipals Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Volume
Today's last reported volume for Western Asset Managed Municipals Fund is 98645, 98.86% above its average volume of 49603.
As maintained by Morningstar, Inc., the next dividend payment is on Sep 21, 2021, the estimated forward annual dividend rate is 0.49 and the estimated forward annual dividend yield is 3.6%.
Year-on-year quarterly revenue growth declined by 4.8%, now sitting on 30.88M 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 11.84%.
Western Asset Managed Municipals Fund's Stock Yearly Top and Bottom Value
Western Asset Managed Municipals Fund's stock is valued at $13.50 at 08:23 EST, under its 52-week high of $13.89 and way higher than its 52-week low of $11.99.