(VIANEWS) - Gilead Sciences (GILD), Western Asset Managed Municipals Fund (MMU), Western Asset Municipal Partners Fund (MNP) are the highest payout ratio stocks on this list.
We have congregated 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 issue 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. Gilead Sciences (GILD)
79.89% Payout Ratio
Gilead Sciences, Inc. is a biopharmaceutical firm that discovers, develops, commercializes and markets medicines in areas where there are unmet medical needs in America, Europe, and around the world. Biktarvy and Genvoya products are available. The company also sells Yescarta and Tecartus products, Trodelvy and Zydelig for cell therapy and hematology patients. The company also offers Letairis, an oral treatment for pulmonary arterial hypertension, Ranexa, an oral treatment for chronic angina, and AmBisome (a liposomal treatment for serious invasive fungal infections). Gilead Sciences, Inc. is a member of the following collaborations: Arcus Biosciences, Inc., Pionyr Immunotherapeutics Inc., Tizona Therapeutics, Inc., Tango Therapeutics, Inc., Jounce Therapeutics, Inc., Galapagos NV, Janssen Sciences Ireland Unlimited Company, Japan Tobacco, Inc., Gadeta B.V., Bristol-Myers Squibb Company, Dragonfly Therapeutics, Inc., Inc., Inc., Inc. It was founded in 1987, and has its headquarters in Foster City.
Earnings Per Share
As for profitability, Gilead Sciences has a trailing twelve months EPS of $0.24.
PE Ratio
Gilead Sciences has a trailing twelve months price to earnings ratio of 282.4. Meaning, the purchaser of the share is investing $282.4 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 23.1%.Yearly Top and Bottom Value
Gilead Sciences's stock is valued at $67.78 at 08:23 EST, below its 52-week high of $74.12 and way higher than its 52-week low of $57.17.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 27.47B for the twelve trailing months.
2. Western Asset Managed Municipals Fund (MMU)
70.42% Payout Ratio
Legg Mason Partners Fund Advisor, LLC launched the closed-ended fixed income mutual fund Western Asset Managed Municipals Fund Inc. and manages it. Western Asset Management Company co-manages the fund. The fund invests in fixed income markets across the United States. It invests in income-exempt securities. The fund invests in municipal securities of investment quality. To create its portfolio, the fund uses extensive proprietary research. The fund benchmarks its portfolio's performance against the Barclays Capital Municipal Bond Index. The former name of the fund was Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc., and was established on June 26, 1992. It is currently domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Managed Municipals Fund has a trailing twelve months EPS of $0.57.
PE Ratio
Western Asset Managed Municipals Fund has a trailing twelve months price to earnings ratio of 17.04. Meaning, the purchaser of the share is investing $17.04 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.99%.Revenue Growth
Year-on-year quarterly revenue growth declined by 8.8%, now sitting on 29.5M for the twelve trailing months.
Volume
Today's last reported volume for Western Asset Managed Municipals Fund is 89563 which is 0.43% above its average volume of 89173.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 22, 2022, the estimated forward annual dividend rate is 0.47 and the estimated forward annual dividend yield is 4.25%.
3. Western Asset Municipal Partners Fund (MNP)
62.64% Payout Ratio
Legg Mason Partners Fund Advisor, LLC launched the closed-ended fixed income mutual fund Western Asset Municipal Partners Fund Inc. and manages it. Western Asset Management Company co-manages the fund. The fund invests in the fixed income markets in the United States. It invests primarily in municipal bonds that are exempt from tax and investment-grade securities. The fund benchmarks its performance against the Barclays Municipal Bond Index. It was previously known as Salomon Brothers Municipal Partners Fund. Western Asset Municipal Partners Fund Inc., which was established on January 29, 1993, is based in the United States.
Earnings Per Share
As for profitability, Western Asset Municipal Partners Fund has a trailing twelve months EPS of $0.7.
PE Ratio
Western Asset Municipal Partners Fund has a trailing twelve months price to earnings ratio of 15.9. Meaning, the purchaser of the share is investing $15.9 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.89%.Volume
Today's last reported volume for Western Asset Municipal Partners Fund is 31112 which is 44.13% above its average volume of 21585.
4. Columbia Banking System (COLB)
42.6% Payout Ratio
Columbia Banking System, Inc. is the bank holding company of Columbia State Bank. It provides a variety of banking services for small- and medium-sized companies, professionals, as well as individuals, in Washington, Oregon, Idaho. The company offers personal banking services such as non-interest or interest-bearing savings, checking, money market and certificate of deposits accounts, home mortgages and home refinances, loans for home equity and personal loans, debit and credit cards, and digital banking services. It also offers business banking products, including checking, saving, interest-bearing, money market and certificate of deposits; commercial, agricultural and builder loans; as well as loans guaranteed under the small business administration. It also offers wealth management services that include asset allocation, net wealth analysis, estate planning preservation, education funding and wealth transfer. Insurance solutions include life and disability insurance and long-term care. Individual retirement options include retirement planning, retirement income strategies and traditional and Roth individual retirement accounts. Business solutions include business retirement plans and key person insurance. The company also offers fiduciary and investment trust services such as estate settlement, personal and special need trusts, charitable management and investment agency services. It had approximately 145 branches as of December 31, 2020. It was established in 1993 in Tacoma Washington.
Earnings Per Share
As for profitability, Columbia Banking System has a trailing twelve months EPS of $2.77.
PE Ratio
Columbia Banking System has a trailing twelve months price to earnings ratio of 11.25. Meaning, the purchaser of the share is investing $11.25 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 10.1%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 13, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 3.96%.
5. Jack In The Box (JACK)
34.58% Payout Ratio
Jack in the Box Inc. franchises Jack in the Box quick service restaurants. It owned and franchised 2,241 Jack in the Box fast-service restaurants, primarily in the southern and western United States. It was established in San Diego in 1951.
Earnings Per Share
As for profitability, Jack In The Box has a trailing twelve months EPS of $5.09.
PE Ratio
Jack In The Box has a trailing twelve months price to earnings ratio of 15.02. Meaning, the purchaser of the share is investing $15.02 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth grew by 47.8%, now sitting on 1.34B for the twelve trailing months.
Yearly Top and Bottom Value
Jack In The Box's stock is valued at $76.44 at 08:23 EST, way under its 52-week high of $105.98 and way higher than its 52-week low of $54.80.
Sales Growth
Jack In The Box's sales growth for the current quarter is 40.6%.