(VIANEWS) – Alexandria Real Estate Equities (ARE), BlackRock Science and Technology Trust (BST), Cardinal Health (CAH) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio so far. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. Alexandria Real Estate Equities (ARE)
918.52% Payout Ratio
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. The trusted partner to over 800 tenants, Alexandria has a total market capitalization of $28.3 billion and an asset base in North America of 75.1 million SF as of September 30, 2023, which includes 41.5 million RSF of operating properties and 5.6 million RSF of Class A/A+ properties undergoing construction, 8.9 million RSF of near-term and intermediate-term development and redevelopment projects, and 19.1 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.
Earnings Per Share
As for profitability, Alexandria Real Estate Equities has a trailing twelve months EPS of $0.54.
PE Ratio
Alexandria Real Estate Equities has a trailing twelve months price to earnings ratio of 218.25. Meaning, the purchaser of the share is investing $218.25 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 1.24%.
2. BlackRock Science and Technology Trust (BST)
84.99% Payout Ratio
BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector. It invests in dividend paying and growth stocks of companies operating across all market capitalizations. BlackRock Science and Technology Trust was formed on 28 October, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Science and Technology Trust has a trailing twelve months EPS of $3.53.
PE Ratio
BlackRock Science and Technology Trust has a trailing twelve months price to earnings ratio of 10.34. Meaning, the purchaser of the share is investing $10.34 for every dollar of annual earnings.
Moving Average
BlackRock Science and Technology Trust’s worth is above its 50-day moving average of $34.30 and way above its 200-day moving average of $33.13.
Yearly Top and Bottom Value
BlackRock Science and Technology Trust’s stock is valued at $36.50 at 13:23 EST, way under its 52-week low of $29.62.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 9.83%.
3. Cardinal Health (CAH)
79.27% Payout Ratio
Cardinal Health, Inc. operates as a healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; repackages generic pharmaceuticals and over-the-counter healthcare products; and provides pharmacy management services to hospitals. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compressions; incontinences; nutritional delivery products; wound care products; single-use surgical drapes, gowns, and apparels; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. The segment also distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile, and non-sterile procedure kits. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.
Some better-ranked stocks from the broader medical space are Stryker Corporation (SYK Quick QuoteSYK – Free Report) , Boston Scientific (BSX Quick QuoteBSX – Free Report) and Cardinal Health (CAH Quick QuoteCAH – Free Report) .
Earnings Per Share
As for profitability, Cardinal Health has a trailing twelve months EPS of $2.52.
PE Ratio
Cardinal Health has a trailing twelve months price to earnings ratio of 42. Meaning, the purchaser of the share is investing $42 for every dollar of annual earnings.
Volume
Today’s last reported volume for Cardinal Health is 756182 which is 64.96% below its average volume of 2158600.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.6%, now sitting on 216.15B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 28, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 1.94%.
Sales Growth
Cardinal Health’s sales growth for the next quarter is 9.9%.
Previous days news about Cardinal Health (CAH)
- According to Zacks on Tuesday, 6 February, "Therefore, keeping an eye on broker-loved stocks like American Airlines (AAL Quick QuoteAAL – Free Report) , Delta Air Lines (DAL Quick QuoteDAL – Free Report) ,Cleveland-Cliffs (CLF Quick QuoteCLF – Free Report) , Best Buy (BBY Quick QuoteBBY – Free Report) and Cardinal Health (CAH Quick QuoteCAH – Free Report) is prudent."
- According to Zacks on Tuesday, 6 February, "Some better-ranked stocks in the broader medical space are Masimo (MASI Quick QuoteMASI – Free Report) , McKesson (MCK Quick QuoteMCK – Free Report) and Cardinal Health (CAH Quick QuoteCAH – Free Report) ."
4. American Electric Power Company (AEP)
76.15% Payout Ratio
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.
Earnings Per Share
As for profitability, American Electric Power Company has a trailing twelve months EPS of $4.36.
PE Ratio
American Electric Power Company has a trailing twelve months price to earnings ratio of 17.72. Meaning, the purchaser of the share is investing $17.72 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 9.06%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.3%, now sitting on 19.29B for the twelve trailing months.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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 1%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
