(VIANEWS) – Orchid Island Capital (ORC), CubeSmart (CUBE), Pimco New York Municipal Income Fund II (PNI) 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 guarantee of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. Orchid Island Capital (ORC)

430.56% Payout Ratio

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States.

Volume

Today’s last reported volume for Orchid Island Capital is 8185970, 125.82% above its average volume of 3624860.

According to Morningstar, Inc., the next dividend payment is on Aug 29, 2021, the estimated forward annual dividend rate is 0.78 and the estimated forward annual dividend yield is 15.54%.

Orchid Island Capital’s sales growth this year is expected to be 190.3% and 6.3% for next year.

Orchid Island Capital’s sales growth is 74.7% for the present quarter and 36.6% for the next. The company’s growth estimates for the present quarter and the next is negative 40.5% and 8.7%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.37%.

Volatility

Orchid Island Capital’s last day, week, and month’s current volatility was 0.40%, 0.64%, and 0.39%, respectively.

Orchid Island Capital’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.01% (day), 1.09% (last week), and 0.89% (last month), respectively.

Orchid Island Capital’s Stock Yearly Top and Bottom Value

Orchid Island Capital’s stock is valued at $4.98 at 20:23 EST, way under its 52-week high of $6.22 and above its 52-week low of $4.80.

Orchid Island Capital’s Moving Average

Orchid Island Capital’s value is below its 50-day moving average of $4.99 and below its 200-day moving average of $5.19.

2. CubeSmart (CUBE)

148.35% Payout Ratio

CubeSmart is a self-administered and self-managed real estate investment trust.

Volume

Today’s last reported volume for CubeSmart is 1217470, 31.79% above its average volume of 923770.

As stated by Morningstar, Inc., the next dividend payment is on Sep 29, 2021, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 2.54%.

CubeSmart’s sales growth this year is anticipated to be 17.4% and 1.4% for next year.

Year-on-year quarterly revenue growth grew by 22%, now sitting on 740.08M for the twelve trailing months.

CubeSmart’s sales growth is 17.3% for the current quarter and 13.4% for the next. The company’s growth estimates for the current quarter and the next is 4.2% and 13.6%. The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.16%.

Volatility

CubeSmart’s last day, week, and month’s current volatility was 1.09%, 1.47%, and 1.26%, respectively.

CubeSmart’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.40% (day), 2.79% (last week), and 2.05% (last month), respectively.

CubeSmart’s Stock Yearly Top and Bottom Value

CubeSmart’s stock is valued at $55.19 at 20:23 EST, below its 52-week high of $56.64 and way above its 52-week low of $31.16.

CubeSmart’s Moving Average

CubeSmart’s worth is above its 50-day moving average of $51.49 and way higher than its 200-day moving average of $48.21.

3. Pimco New York Municipal Income Fund II (PNI)

41.79% Payout Ratio

PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC.

Volume

Today’s last reported volume for Pimco New York Municipal Income Fund II is 24827, 40.18% above its average volume of 17710.

As stated by Morningstar, Inc., the next dividend payment is on Nov 9, 2021, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 4.26%.

Year-on-year quarterly revenue growth declined by 16.3%, now sitting on 7.85M 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 6.97%.

Volatility

Pimco New York Municipal Income Fund II’s last day, week, and month’s current volatility was 0.18%, 0.30%, and 0.68%, respectively.

Pimco New York Municipal Income Fund II’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.42% (day), 1.60% (last week), and 1.95% (last month), respectively.

Pimco New York Municipal Income Fund II’s Stock Yearly Top and Bottom Value

Pimco New York Municipal Income Fund II’s stock is valued at $11.31 at 20:23 EST, under its 52-week high of $12.19 and higher than its 52-week low of $10.35.

Pimco New York Municipal Income Fund II’s Moving Average

Pimco New York Municipal Income Fund II’s value is below its 50-day moving average of $11.63 and under its 200-day moving average of $11.76.

4. ChoiceOne Financial Services (COFS)

34.96% Payout Ratio

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank and Lakestone Bank & Trust that provides community banking services to corporations, partnerships, and individuals in Michigan.

Volume

Today’s last reported volume for ChoiceOne Financial Services is 4643, 17.58% below its average volume of 5634.

According to Morningstar, Inc., the next dividend payment is on Sep 13, 2021, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 3.96%.

Year-on-year quarterly revenue growth grew by 6.5%, now sitting on 78.21M 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 9.43%.

Volatility

ChoiceOne Financial Services’s last day, week, and month’s current volatility was 0.75%, 1.09%, and 0.67%, respectively.

ChoiceOne Financial Services’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.41% (day), 2.01% (last week), and 2.06% (last month), respectively.

ChoiceOne Financial Services’s Stock Yearly Top and Bottom Value

ChoiceOne Financial Services’s stock is valued at $25.45 at 20:23 EST, way under its 52-week high of $32.80 and way above its 52-week low of $22.76.

ChoiceOne Financial Services’s Moving Average

ChoiceOne Financial Services’s value is higher than its 50-day moving average of $24.94 and above its 200-day moving average of $24.75.

5. Synovus Financial Corp. (SNV)

33.85% Payout Ratio

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services.

Volume

Today’s last reported volume for Synovus Financial Corp. is 730293, 18.17% below its average volume of 892527.

According to Morningstar, Inc., the next dividend payment is on Sep 14, 2021, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 2.96%.

Synovus Financial Corp.’s sales growth this year is anticipated to be negative 3.4% and 0.9% for next year.

Year-on-year quarterly revenue growth grew by 25.8%, now sitting on 1.95B for the twelve trailing months.

Synovus Financial Corp.’s sales growth is 4.2% for the ongoing quarter and negative 2.5% for the next. The company’s growth estimates for the ongoing quarter and the next is 21.3% and negative -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 11.96%.

Volatility

Synovus Financial Corp.’s last day, week, and month’s current volatility was 1.27%, 1.85%, and 1.34%, respectively.

Synovus 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 2.51% (day), 2.39% (last week), and 2.43% (last month), respectively.

Synovus Financial Corp.’s Stock Yearly Top and Bottom Value

Synovus Financial Corp.’s stock is valued at $47.18 at 20:23 EST, under its 52-week high of $50.51 and way higher than its 52-week low of $24.64.

Synovus Financial Corp.’s Moving Average

Synovus Financial Corp.’s worth is above its 50-day moving average of $44.43 and above its 200-day moving average of $44.84.

6. Waste Connections (WCN)

33.47% Payout Ratio

Waste Connections, Inc. provides waste collection, transfer, disposal, and recycling services in the United States and Canada.

Volume

Today’s last reported volume for Waste Connections is 478939, 27.41% below its average volume of 659875.

As claimed 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 expected 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 current 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 volatility was 2.29%, 1.48%, and 0.99%, respectively.

Waste Connections’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.81% (day), 2.73% (last week), and 1.65% (last month), respectively.

Waste Connections’s Stock Yearly Top and Bottom Value

Waste Connections’s stock is valued at $136.18 at 20:23 EST, under its 52-week high of $138.23 and way above its 52-week low of $97.02.

Waste Connections’s Moving Average

Waste Connections’s worth is above its 50-day moving average of $129.99 and above its 200-day moving average of $124.84.

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