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Prudential Financial, Independent Bank Corporation, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Prudential Financial (PRU), Independent Bank Corporation (IBCP), PIMCO New York Municipal Income Fund III (PYN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Prudential Financial (PRU) 5.75% 2023-06-26 13:59:52
Independent Bank Corporation (IBCP) 5.02% 2023-06-13 11:08:08
PIMCO New York Municipal Income Fund III (PYN) 4.73% 2023-06-09 09:14:08
Kite Realty Group Trust (KRG) 4.64% 2023-06-25 19:10:08
Sonoco Products Company (SON) 3.21% 2023-06-09 19:23:08
Sun Communities (SUI) 2.97% 2023-06-26 14:50:59
Hibbett Sports (HIBB) 2.75% 2023-06-13 07:23:08
Steven Madden, Ltd. (SHOO) 2.45% 2023-06-15 17:11:07
Cardinal Health (CAH) 2.16% 2023-06-26 13:54:21

A little less 2K companies listed in the Nasdaq and NYSE pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. Prudential Financial (PRU) – Dividend Yield: 5.75%

Prudential Financial’s last close was $83.89, 24.4% below its 52-week high of $110.96. Intraday change was 1.66%.

Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, and International Businesses segments. The company offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. It also provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee and membership benefits plans, as well as sells accidental death and dismemberment, and other supplemental health solutions; and provides plan administration services in connection with its insurance coverages. In addition, the company develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and agent channels. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

Earnings Per Share

As for profitability, Prudential Financial has a trailing twelve months EPS of $1.33.

PE Ratio

Prudential Financial has a trailing twelve months price to earnings ratio of 64.12. Meaning, the purchaser of the share is investing $64.12 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 1.35%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 79.9% and 51.2%, respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Prudential Financial’s stock is considered to be overbought (>=80).

Volatility

Prudential Financial’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.93%, a positive 0.26%, and a positive 1.25%.

Prudential Financial’s highest amplitude of average volatility was 1.13% (last week), 1.35% (last month), and 1.25% (last quarter).

More news about Prudential Financial.

2. Independent Bank Corporation (IBCP) – Dividend Yield: 5.02%

Independent Bank Corporation’s last close was $18.30, 26.71% below its 52-week high of $24.97. Intraday change was 1.53%.

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Earnings Per Share

As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.74.

PE Ratio

Independent Bank Corporation has a trailing twelve months price to earnings ratio of 6.78. Meaning, the purchaser of the share is investing $6.78 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 16.14%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 12.5%, now sitting on 199.44M for the twelve trailing months.

More news about Independent Bank Corporation.

3. PIMCO New York Municipal Income Fund III (PYN) – Dividend Yield: 4.73%

PIMCO New York Municipal Income Fund III’s last close was $6.20, 32.09% below its 52-week high of $9.13. Intraday change was 0.24%.

PIMCO New York Municipal Income Fund III is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Co LLC. It invests in fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in a portfolio of New York municipal bonds, and other municipal bonds and notes; New York variable rate notes and other variable rate notes; New York variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO New York Municipal Income Fund III was on October 31, 2002 and is domiciled in United States.

Earnings Per Share

As for profitability, PIMCO New York Municipal Income Fund III has a trailing twelve months EPS of $-2.11.

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 -15.41%.

Moving Average

PIMCO New York Municipal Income Fund III’s value is under its 50-day moving average of $6.31 and below its 200-day moving average of $6.84.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10.9%, now sitting on 3.15M for the twelve trailing months.

Yearly Top and Bottom Value

PIMCO New York Municipal Income Fund III’s stock is valued at $6.19 at 20:15 EST, way under its 52-week high of $9.13 and higher than its 52-week low of $6.01.

Volume

Today’s last reported volume for PIMCO New York Municipal Income Fund III is 414 which is 96.82% below its average volume of 13033.

More news about PIMCO New York Municipal Income Fund III.

4. Kite Realty Group Trust (KRG) – Dividend Yield: 4.64%

Kite Realty Group Trust’s last close was $20.70, 10.39% under its 52-week high of $23.10. Intraday change was -0.91%.

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.

Earnings Per Share

As for profitability, Kite Realty Group Trust has a trailing twelve months EPS of $0.04.

PE Ratio

Kite Realty Group Trust has a trailing twelve months price to earnings ratio of 517.5. Meaning, the purchaser of the share is investing $517.5 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 0.26%.

Volume

Today’s last reported volume for Kite Realty Group Trust is 2014770 which is 42.54% above its average volume of 1413460.

Sales Growth

Kite Realty Group Trust’s sales growth for the next quarter is 1.3%.

More news about Kite Realty Group Trust.

5. Sonoco Products Company (SON) – Dividend Yield: 3.21%

Sonoco Products Company’s last close was $62.94, 4.59% under its 52-week high of $65.97. Intraday change was -0.6%.

Sonoco Products Company, together with its subsidiaries, manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through two segments: Consumer Packaging and Industrial Paper Packaging. The Consumer Packaging segment round and shaped rigid paper containers; metal and peelable membrane ends and closures; thermoformed plastic trays and containers; printed flexible packaging; and global brand artwork management. The Industrial Paper Packaging segment provides fiber-based tubes, cones, and cores; fiber-based construction tubes; fiber-based protective packaging and components; wooden, metal, and composite wire and cable, as well as reels and spools; and recycled paperboard, corrugating medium, recovered paper, and material recycling services. Sonoco Products Company offers thermoformed rigid plastic trays and devices; custom-engineered molded foam protective packaging and components; temperature-assured packaging; injection molded and extruded containers, spools, and parts; retail security packaging, including printed backer cards, thermoformed blisters, and heat-sealing equipment; and paper amenities. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.

Earnings Per Share

As for profitability, Sonoco Products Company has a trailing twelve months EPS of $5.05.

PE Ratio

Sonoco Products Company has a trailing twelve months price to earnings ratio of 12.46. Meaning, the purchaser of the share is investing $12.46 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 24.23%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Sonoco Products Company’s EBITDA is 1.3.

More news about Sonoco Products Company.

6. Sun Communities (SUI) – Dividend Yield: 2.97%

Sun Communities’s last close was $125.13, 27.53% under its 52-week high of $172.67. Intraday change was 2.19%.

Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2022, the Company owned, operated, or had an interest in a portfolio of 669 developed MH, RV and Marina properties comprising over 179,700 developed sites and approximately 47,800 wet slips and dry storage spaces in the United States, the United Kingdom and Canada.

Earnings Per Share

As for profitability, Sun Communities has a trailing twelve months EPS of $1.75.

PE Ratio

Sun Communities has a trailing twelve months price to earnings ratio of 73.07. Meaning, the purchaser of the share is investing $73.07 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 3.18%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Sun Communities’s EBITDA is 7.51.

Moving Average

Sun Communities’s value is below its 50-day moving average of $133.34 and below its 200-day moving average of $139.95.

Volatility

Sun Communities’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.90%, a negative 0.16%, and a positive 1.06%.

Sun Communities’s highest amplitude of average volatility was 1.90% (last week), 1.26% (last month), and 1.06% (last quarter).

Sales Growth

Sun Communities’s sales growth is 2.8% for the ongoing quarter and 6.8% for the next.

More news about Sun Communities.

7. Hibbett Sports (HIBB) – Dividend Yield: 2.75%

Hibbett Sports’s last close was $37.63, 50.08% below its 52-week high of $75.38. Intraday change was 3.52%.

Hibbett, Inc. together with its subsidiaries, engages in the retail of athletic-inspired fashion products in small and mid-sized communities in the United States. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories. As of January 29, 2022, the company operated approximately 1,096 retail stores, which include 900 Hibbett Sports stores, 179 City Gear stores, and 17 Sports Additions athletic shoe stores. It also sells its products through online channels. Hibbett, Inc. was founded in 1945 and is headquartered in Birmingham, Alabama.

Earnings Per Share

As for profitability, Hibbett Sports has a trailing twelve months EPS of $8.97.

PE Ratio

Hibbett Sports has a trailing twelve months price to earnings ratio of 4.2. Meaning, the purchaser of the share is investing $4.2 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 35.34%.

More news about Hibbett Sports.

8. Steven Madden, Ltd. (SHOO) – Dividend Yield: 2.45%

Steven Madden, Ltd.’s last close was $34.22, 9.59% below its 52-week high of $37.85. Intraday change was 0.73%.

Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories, and apparel for women, men, and children in the United States and internationally. Its Wholesale Footwear segment provides footwear under the Steve Madden, Steven by Steve Madden, Madden Girl, BB Dakota, Dolce Vita, DV Dolce Vita, Betsey Johnson, GREATS, Blondo, Anne Klein, Mad Love, Superga, Madden NYC, and COOL Planet brands, as well as private label footwear. The company's Wholesale Accessories/Apparel segment offers handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories under the Steve Madden, BB Dakota, Anne Klein, Betsey Johnson, Cejon, Madden NYC, and Dolce Vita brands, as well as private label handbag and accessories to department stores, mass merchants, off-price retailers, online retailers, specialty stores, and independent stores. Its Direct-to-Consumer segment operates Steve Madden and Superga full-price retail stores, Steve Madden outlet stores, and Steve Madden shop-in-shops, as well as digital e-commerce websites, including SteveMadden.com, DolceVita.com, betseyjohnson.com, Blondo.com, GREATS.com, and Superga-USA.com. The company's Licensing segment licenses its Steve Madden, Madden Girl, and Betsey Johnson trademarks. Its First Cost segment operates as a buying agent for footwear products under private labels for national chains, specialty retailers, and value-priced retailers. As of December 31, 2021, it owned and operated 214 brick-and-mortar retail stores that included 147 Steve Madden full-price stores, 66 Steve Madden outlet stores, and 1 Superga store, as well as 6 e-commerce websites. Steven Madden, Ltd. was incorporated in 1990 and is headquartered in Long Island City, New York.

Earnings Per Share

As for profitability, Steven Madden, Ltd. has a trailing twelve months EPS of $2.31.

PE Ratio

Steven Madden, Ltd. has a trailing twelve months price to earnings ratio of 14.92. Meaning, the purchaser of the share is investing $14.92 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 21.34%.

Yearly Top and Bottom Value

Steven Madden, Ltd.’s stock is valued at $34.47 at 20:15 EST, below its 52-week high of $37.85 and way higher than its 52-week low of $26.36.

More news about Steven Madden, Ltd..

9. Cardinal Health (CAH) – Dividend Yield: 2.16%

Cardinal Health’s last close was $91.72, 1.26% under its 52-week high of $92.89. Intraday change was 0.84%.

Cardinal Health, Inc. operates as an integrated 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 offers medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers, as well as 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.

Earnings Per Share

As for profitability, Cardinal Health has a trailing twelve months EPS of $1.7.

PE Ratio

Cardinal Health has a trailing twelve months price to earnings ratio of 54.41. Meaning, the purchaser of the share is investing $54.41 for every dollar of annual earnings.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 29, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 2.16%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.6%, now sitting on 198.66B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Cardinal Health’s EBITDA is 0.12.

More news about Cardinal Health.

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