(VIANEWS) – MFS High Income Municipal Trust (CXE), Ares Capital (ARCC), Dana Holding Corporation (DAN) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to 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. MFS High Income Municipal Trust (CXE)

60.38% Payout Ratio

MFS High Income Municipal Trust, a closed-ended fixed income mutual trust launched by Massachusetts Financial Services Company and managed by them.

Volume

Today’s last reported volume for MFS High Income Municipal Trust is 100273, 29.15% below its average volume of 141531.

According to Morningstar, Inc., the next dividend payment is on Apr 18, 2022, the estimated forward annual dividend rate is 0.23 and the estimated forward annual dividend yield is 5.81%.

Year-on-year quarterly revenue growth declined by 8%, now sitting on 10.41M 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 7.55%.

Volatility

MFS High Income Municipal Trust’s last day, week, and month’s current intraday variation average was 2.07%, 1.08%, and 0.92%, respectively.

MFS High Income Municipal Trust’s highest amplitude of average volatility was 3.36% (day), 3.08% (last week), and 2.16% (last month), respectively.

MFS High Income Municipal Trust’s Stock Yearly Top and Bottom Value

MFS High Income Municipal Trust’s stock is valued at $3.95 at 08:23 EST, way under its 52-week high of $5.52 and above its 52-week low of $3.86.

MFS High Income Municipal Trust’s Moving Average

MFS High Income Municipal Trust’s worth is under its 50-day moving average of $4.15 and way below its 200-day moving average of $4.83.

2. Ares Capital (ARCC)

53.42% Payout Ratio

Ares Capital Corporation, a business development firm, specializes in the acquisition, recapitalization and restructuring of middle-market companies.

Volume

Today’s last reported volume for Ares Capital is 3662730, 6.62% below its average volume of 3922680.

As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2022, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 8.75%.

Ares Capital’s sales growth this year is expected to be negative 29.5% and 8.9% for next year.

Year-on-year quarterly revenue growth grew by 12.8%, now sitting on 1.87B for the twelve trailing months.

Ares Capital’s sales growth is 1.8% for the ongoing quarter and 7.9% for the next. The company’s growth estimates for the ongoing quarter and the next is negative 15.1% and 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 16.52%.

Volatility

Ares Capital’s last day, week, and month’s current intraday variation average was 2.37%, 2.35%, and 2.01%, respectively.

Ares Capital’s highest amplitude of average volatility was 4.72% (day), 3.77% (last week), and 3.13% (last month), respectively.

Ares Capital’s Stock Yearly Top and Bottom Value

Ares Capital’s stock is valued at $19.84 at 08:23 EST, way under its 52-week high of $23.00 and way above its 52-week low of $17.79.

Ares Capital’s Moving Average

Ares Capital’s worth is under its 50-day moving average of $20.55 and under its 200-day moving average of $20.77.

3. Dana Holding Corporation (DAN)

40.4% Payout Ratio

Dana Incorporated offers power-conveyance solutions and energy management for machinery and vehicles in North America and Europe.

Volume

Today’s last reported volume for Dana Holding Corporation is 763801, 55.19% below its average volume of 1704850.

According to Morningstar, Inc., the next dividend payment is on May 4, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 2.62%.

Dana Holding Corporation’s sales growth this year is anticipated to be 12.5% and 6.7% for next year.

Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 9.16B for the twelve trailing months.

Dana Holding Corporation’s sales growth is 10.1% for the present quarter and 24.7% for the next. The company’s growth estimates for the present quarter and the next is negative 52.5% and 22%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.17%.

Volatility

Dana Holding Corporation’s last day, week, and month’s current intraday variation average was 2.76%, 2.29%, and 2.62%, respectively.

Dana Holding Corporation’s highest amplitude of average volatility was 4.11% (day), 5.47% (last week), and 5.05% (last month), respectively.

Dana Holding Corporation’s Stock Yearly Top and Bottom Value

Dana Holding Corporation’s stock is valued at $14.86 at 08:23 EST, way under its 52-week high of $28.20 and way above its 52-week low of $13.50.

Dana Holding Corporation’s Moving Average

Dana Holding Corporation’s worth is under its 50-day moving average of $16.14 and way below its 200-day moving average of $21.09.

4. Valley National Bancorp (VLY)

39.64% Payout Ratio

Valley National Bancorp is the holding company of Valley National Bank, which provides financial services in the areas of insurance and wealth management.

Volume

Today’s last reported volume for Valley National Bancorp is 2220640, 12.82% below its average volume of 2547450.

As maintained by Morningstar, Inc., the next dividend payment is on Mar 13, 2022, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 3.76%.

Valley National Bancorp’s sales growth this year is expected to be 26% and 15.1% for next year.

Year-on-year quarterly revenue growth grew by 12.2%, now sitting on 1.36B for the twelve trailing months.

Valley National Bancorp’s sales growth is 27.6% for the present quarter and 42.4% for the next. The company’s growth estimates for the current quarter and the next is negative 6.7% and 3.3%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.73%.

Volatility

Valley National Bancorp’s last day, week, and month’s current intraday variation average was 0.17%, 0.65%, and 1.46%, respectively.

Valley National Bancorp’s highest amplitude of average volatility was 1.98% (day), 2.81% (last week), and 2.91% (last month), respectively.

Valley National Bancorp’s Stock Yearly Top and Bottom Value

Valley National Bancorp’s stock is valued at $11.69 at 08:24 EST, way under its 52-week high of $15.10 and higher than its 52-week low of $11.41.

Valley National Bancorp’s Moving Average

Valley National Bancorp’s worth is under its 50-day moving average of $12.73 and way under its 200-day moving average of $13.44.

5. Waste Connections (WCN)

33.47% Payout Ratio

Waste Connections, Inc. offers waste collection, disposal, disposal, recycling and other services throughout the United States.

Volume

Today’s last reported volume for Waste Connections is 429443, 63.09% below its average volume of 1163580.

As stated by Morningstar, Inc., the next dividend payment is on Aug 16, 2021, the estimated forward annual dividend rate is 0.82 and the estimated forward annual dividend yield is 0.64%.

Waste Connections’s sales growth this year is anticipated to be 10.6% and 7.9% for next year.

Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 5.72B for the twelve trailing months.

Waste Connections’s sales growth for the next quarter is 9.5%. The company’s growth estimates for the present quarter and the next is 18.1% and 17.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.37%.

Volatility

Waste Connections’s last day, week, and month’s current intraday variation average was 1.69%, 1.39%, and 1.03%, respectively.

Waste Connections’s highest amplitude of average volatility was 1.46% (day), 1.42% (last week), and 1.51% (last month), respectively.

Waste Connections’s Stock Yearly Top and Bottom Value

Waste Connections’s stock is valued at $128.40 at 08:24 EST, below its 52-week high of $138.82 and way higher than its 52-week low of $97.02.

Waste Connections’s Moving Average

Waste Connections’s value is below its 50-day moving average of $133.26 and above its 200-day moving average of $123.70.

6. Hillenbrand (HI)

32.4% Payout Ratio

Hillenbrand, Inc. is an industrial company that offers diversified services in the United States as well as internationally.

Volume

Today’s last reported volume for Hillenbrand is 475453, 16.44% above its average volume of 408313.

As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2022, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 2.1%.

Hillenbrand’s sales growth this year is expected to be 2.1% and 1.8% for next year.

Year-on-year quarterly revenue growth grew by 5.2%, now sitting on 2.9B for the twelve trailing months.

Hillenbrand’s sales growth for the next quarter is negative 0.5%. The company’s growth estimates for the ongoing quarter and the next is 2.4% and 8%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.5%.

Volatility

Hillenbrand’s last day, week, and month’s current intraday variation average was 3.84%, 1.46%, and 1.79%, respectively.

Hillenbrand’s highest amplitude of average volatility was 2.57% (day), 2.90% (last week), and 3.06% (last month), respectively.

Hillenbrand’s Stock Yearly Top and Bottom Value

Hillenbrand’s stock is valued at $43.01 at 08:24 EST, way below its 52-week high of $54.15 and higher than its 52-week low of $40.03.

Hillenbrand’s Moving Average

Hillenbrand’s worth is below its 50-day moving average of $43.32 and under its 200-day moving average of $45.87.

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