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Argan And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Gilead Sciences (GILD), American Assets Trust (AAT), Middlesex Water Company (MSEX) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 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. Gilead Sciences (GILD)

838.89% Payout Ratio

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally. The company provides Biktarvy, Genvoya, Descovy, Odefsey, Truvada, Complera/ Eviplera, Stribild, Sunlencs, and Atripla products for the treatment of HIV/AIDS; Veklury, an injection for intravenous use, for the treatment of COVID-19; and Epclusa, Harvoni, Vemlidy, and Viread for the treatment of viral hepatitis. It also offers Yescarta, Tecartus, and Trodelvy products for the treatment of oncology; Letairis, an oral formulation for the treatment of pulmonary arterial hypertension; and AmBisome, a liposomal formulation for the treatment of serious invasive fungal infections. The company has collaboration agreements with Arcus Biosciences, Inc.; Merck Sharp & Dohme Corp.; Pionyr Immunotherapeutics Inc.; Tizona Therapeutics, Inc.; Galapagos NV; Janssen Sciences Ireland Unlimited Company; Japan Tobacco, Inc.; Dragonfly Therapeutics, Inc.; Arcellx, Inc.; Everest Medicines; Merck & Co, Inc.; Tentarix Biotherapeutics Inc.; and Assembly Biosciences, Inc. It also has research collaboration, option, and license agreement with Merus N.V. for the discovery of novel dual tumor-associated antigens (TAA) targeting trispecific antibodies. The company was incorporated in 1987 and is headquartered in Foster City, California.

Earnings Per Share

As for profitability, Gilead Sciences has a trailing twelve months EPS of $4.5.

PE Ratio

Gilead Sciences has a trailing twelve months price to earnings ratio of 15.13. Meaning, the purchaser of the share is investing $15.13 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 2.39%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.3%, now sitting on 27.45B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 3.08 and the estimated forward annual dividend yield is 4.49%.

Yearly Top and Bottom Value

Gilead Sciences’s stock is valued at $68.07 at 20:23 EST, way under its 52-week high of $87.87 and higher than its 52-week low of $62.07.

2. American Assets Trust (AAT)

148.88% Payout Ratio

American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.

Earnings Per Share

As for profitability, American Assets Trust has a trailing twelve months EPS of $0.89.

PE Ratio

American Assets Trust has a trailing twelve months price to earnings ratio of 25.09. Meaning, the purchaser of the share is investing $25.09 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 5.88%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 6, 2024, the estimated forward annual dividend rate is 1.34 and the estimated forward annual dividend yield is 5.99%.

3. Middlesex Water Company (MSEX)

63.12% Payout Ratio

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

Earnings Per Share

As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.02.

PE Ratio

Middlesex Water Company has a trailing twelve months price to earnings ratio of 25.45. Meaning, the purchaser of the share is investing $25.45 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 8.7%.

Yearly Top and Bottom Value

Middlesex Water Company’s stock is valued at $51.40 at 20:23 EST, way under its 52-week high of $84.35 and way above its 52-week low of $45.42.

Moving Average

Middlesex Water Company’s value is under its 50-day moving average of $52.28 and way below its 200-day moving average of $59.00.

4. The Cheesecake Factory Incorporated (CAKE)

49.32% Payout Ratio

The Cheesecake Factory Incorporated operates restaurants. It operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. As of October 27, 2022, the company owned and operated 312 restaurants in the United States and Canada under brands, including The Cheesecake Factory, North Italia, and a collection of Fox Restaurant Concepts, as well as 29 The Cheesecake Factory restaurants under licensing agreements internationally. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.

Earnings Per Share

As for profitability, The Cheesecake Factory Incorporated has a trailing twelve months EPS of $2.19.

PE Ratio

The Cheesecake Factory Incorporated has a trailing twelve months price to earnings ratio of 18.06. Meaning, the purchaser of the share is investing $18.06 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 33.69%.

Moving Average

The Cheesecake Factory Incorporated’s value is above its 50-day moving average of $36.78 and way higher than its 200-day moving average of $33.92.

Sales Growth

The Cheesecake Factory Incorporated’s sales growth is 3.4% for the present quarter and 4.5% for the next.

5. Argan (AGX)

40.93% Payout Ratio

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction (EPC) contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and steel pipe and vessel fabrication services for forest products, power, energy, large fertilizer, EPC, mining, and petrochemical companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structuring, cabling, terminations, and connectivity that offers the physical transport for high speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was founded in 1961 and is headquartered in Rockville, Maryland.

Earnings Per Share

As for profitability, Argan has a trailing twelve months EPS of $2.81.

PE Ratio

Argan has a trailing twelve months price to earnings ratio of 25.77. Meaning, the purchaser of the share is investing $25.77 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 13.35%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jul 23, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 1.64%.

6. Columbia Seligman Premium Technology Growth Fund (STK)

34.07% Payout Ratio

Columbia Seligman Premium Technology Growth Fund is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It invests in public equity markets. The fund seeks to invest in stocks of companies operating in the technology sector. It primarily invests in growth stocks of companies. It employs fundamental analysis with focus on factors like companies that have best growth prospects, trade at attractive valuations and deliver solid investment returns over time to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P North American Technology Sector Index. The fund was formerly known as Seligman Premium Technology Growth Fund, Inc. Columbia Seligman Premium Technology Growth Fund was formed on November 30, 2009 and is domiciled in the United States.

Earnings Per Share

As for profitability, Columbia Seligman Premium Technology Growth Fund has a trailing twelve months EPS of $8.53.

PE Ratio

Columbia Seligman Premium Technology Growth Fund has a trailing twelve months price to earnings ratio of 3.95. Meaning, the purchaser of the share is investing $3.95 for every dollar of annual earnings.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 11, 2023, the estimated forward annual dividend rate is 1.85 and the estimated forward annual dividend yield is 7.03%.

Moving Average

Columbia Seligman Premium Technology Growth Fund’s worth is higher than its 50-day moving average of $31.64 and way above its 200-day moving average of $30.60.

Yearly Top and Bottom Value

Columbia Seligman Premium Technology Growth Fund’s stock is valued at $33.68 at 20:23 EST, below its 52-week high of $34.31 and way higher than its 52-week low of $24.95.

Volume

Today’s last reported volume for Columbia Seligman Premium Technology Growth Fund is 22573 which is 37.63% below its average volume of 36195.

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%.

Sales Growth

1’s sales growth is 1% for the current quarter and 1% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.

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