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Micron Technology And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Petroleo Brasileiro (PBR), Banco Santander (BSAC), Gilead Sciences (GILD) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 distribute them.

When researching 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. Petroleo Brasileiro (PBR)

97.43% Payout Ratio

Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. It also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. In addition, the company produces biodiesel and its co-products, and ethanol; and distributes oil products. Further, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. – Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.

Earnings Per Share

As for profitability, Petroleo Brasileiro has a trailing twelve months EPS of $5.2.

PE Ratio

Petroleo Brasileiro has a trailing twelve months price to earnings ratio of 2.68. Meaning, the purchaser of the share is investing $2.68 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 43.44%.

Sales Growth

Petroleo Brasileiro’s sales growth is negative 30.2% for the current quarter and negative 16.8% for the next.

2. Banco Santander (BSAC)

67.01% Payout Ratio

Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Corporate Investment Banking segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. It also provides mutual funds, insurance and stock brokerage, foreign exchange, leasing, factoring, financial consulting, investment management, foreign trade and mortgage financing, treasury, and transactional services, as well as specialized services to finance projects for the real estate industry. In addition, the company offers short-term financing and fund raising, and brokerage services, as well as derivatives, securitization, and other tailor-made products. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. As of December 31, 2020, the company operated 358 branches, which include 220 under the Santander brand name, 19 under the Select brand name, 32 specialized branches for the middle market, and 28 as auxiliary and payment centers, as well as 1,199 ATMs. Banco Santander-Chile was incorporated in 1977 and is headquartered in Santiago, Chile.

Earnings Per Share

As for profitability, Banco Santander has a trailing twelve months EPS of $1.82.

PE Ratio

Banco Santander has a trailing twelve months price to earnings ratio of 10.08. Meaning, the purchaser of the share is investing $10.08 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 18.06%.

3. Gilead Sciences (GILD)

66.52% 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, and Atripla products for the treatment of HIV/AIDS; Veklury, an injection for intravenous use, for the treatment of coronavirus disease 2019; and Epclusa, Harvoni, Vosevi, Vemlidy, and Viread for the treatment of viral hepatitis. It also offers Yescarta, Tecartus, Trodelvy, and Zydelig 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. Gilead Sciences, Inc. has collaboration agreements with Arcus Biosciences, Inc.; Merck & Co, Inc.; Pionyr Immunotherapeutics Inc.; Tizona Therapeutics, Inc.; Tango Therapeutics, Inc.; Jounce Therapeutics, Inc.; Galapagos NV; Janssen Sciences Ireland Unlimited Company; Japan Tobacco, Inc.; Dragonfly Therapeutics, Inc.; and Merck & Co, Inc. 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 $4.41.

PE Ratio

Gilead Sciences has a trailing twelve months price to earnings ratio of 17.46. Meaning, the purchaser of the share is investing $17.46 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 27.11%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.6%, now sitting on 27.04B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Gilead Sciences’s EBITDA is 4.29.

Moving Average

Gilead Sciences’s worth is under its 50-day moving average of $79.67 and under its 200-day moving average of $79.23.

Previous days news about Gilead Sciences (GILD)

  • According to Zacks on Thursday, 29 June, "The healthcare space has been less intriguing than other areas of the economy with notable stocks like Bristol Myers (BMY Quick QuoteBMY – Free Report) ), Gilead Sciences (GILD Quick QuoteGILD – Free Report) ), and Pfizer (PFE Quick QuotePFE – Free Report) ) all down sharply this year."
  • According to Zacks on Friday, 30 June, "Most of the fund’s holdings were in companies like Philip Morris Internation (2.8%), Gilead Sciences Inc (2.2%) and Pfizer Inc (1.9%) as of Jan 31, 2023."

4. SS&C Technologies Holdings (SSNC)

34.33% Payout Ratio

SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions include portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions comprising claims adjudication, benefit management, care management, and business intelligence solutions. Its products and services allow professionals in the financial services and healthcare industries to automate complex business processes and are instrumental in helping its clients to manage information processing requirements. The company's software-enabled services include SS&C GlobeOp, Global Investor and Distribution Solutions, Bluedoor, SS&C Retirement Solutions, Black Diamond Wealth Platform, CRM Solutions, Advent Managed Services, Advent Data Solutions, ALPS Advisors, and Virtual Data Rooms, as well as pharmacy, healthcare administration, and health outcomes optimization solutions. Its software products comprise portfolio/investment accounting and analytics software, portfolio management software, trading software, automation solutions, and banking and lending solutions, as well as research, analytics, risk, and training solutions. The company also provides professional services, including consulting and implementation services to assist clients; and product support services. It operates in the United States; the United Kingdom; Europe, the Middle East, and Africa; the Asia Pacific and Japan; Canada; and the Americas. The company was founded in 1986 and is headquartered in Windsor, Connecticut.

Earnings Per Share

As for profitability, SS&C Technologies Holdings has a trailing twelve months EPS of $2.33.

PE Ratio

SS&C Technologies Holdings has a trailing twelve months price to earnings ratio of 26.09. Meaning, the purchaser of the share is investing $26.09 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 9.75%.

5. First Merchants Corporation (FRME)

32.24% Payout Ratio

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Earnings Per Share

As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.97.

PE Ratio

First Merchants Corporation has a trailing twelve months price to earnings ratio of 7.17. Meaning, the purchaser of the share is investing $7.17 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 12.09%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 65.1% and a drop 5.6% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 31.9%, now sitting on 652.33M for the twelve trailing months.

6. Micron Technology (MU)

31.56% Payout Ratio

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

Earnings Per Share

As for profitability, Micron Technology has a trailing twelve months EPS of $1.41.

PE Ratio

Micron Technology has a trailing twelve months price to earnings ratio of 45.07. Meaning, the purchaser of the share is investing $45.07 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 3.39%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Micron Technology’s EBITDA is -264.17.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 160.6% and a negative 171.7%, respectively.

Previous days news about Micron Technology (MU)

  • According to Zacks on Thursday, 29 June, "Stocks recently featured in the blog include: NVIDIA Corp. (NVDA Quick QuoteNVDA – Free Report) , Advanced Micro Devices (AMD Quick QuoteAMD – Free Report) , Micron Technology (MU Quick QuoteMU – Free Report) and Intel (INTC Quick QuoteINTC – Free Report) .", "In May 2023, the Cyberspace Administration of China imposed a trade restriction on selling Micron Technology products in key domestic industries on national security concerns. "
  • According to Zacks on Wednesday, 28 June, "In May 2023, the Cyberspace Administration of China imposed a trade restriction on selling Micron Technology (MU Quick QuoteMU – Free Report) products in key domestic industries on national security concerns. "
  • The zacks analyst blog highlights Texas Instruments, regeneron pharmaceuticals, Micron Technology, fedex and arista networks. According to Zacks on Thursday, 29 June, "The complete response letter for the application seeking approval of aflibercept 8 mg was a setback.(You can read the full research report on Regeneron here >>>)Shares of Micron Technology were in line with the Zacks Semiconductor Memory industry over the past year (+20.2% vs. +20.2%). ", "Bit shipments for the DRAM and NAND memory chips may decline in the near-term as PC makers are adjusting their inventory due to weakened demand.(You can read the full research report on Micron Technology here >>>)Other noteworthy reports we are featuring today include FedEx Corp. and Arista Networks, Inc."

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