(VIANEWS) – PennyMac Mortgage Investment Trust (PMT), Genesis Energy, L.P. (GEL), Ares Management L.P. (ARES) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| PennyMac Mortgage Investment Trust (PMT) | 13.14% | 2023-10-12 07:23:05 |
| Genesis Energy, L.P. (GEL) | 6.04% | 2023-10-10 07:07:05 |
| Ares Management L.P. (ARES) | 2.69% | 2023-10-08 11:49:06 |
| Exelixis (EXEL) | 2.47% | 2023-10-15 17:14:06 |
| American States Water Company (AWR) | 2.05% | 2023-10-08 15:09:07 |
Almost 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. PennyMac Mortgage Investment Trust (PMT) – Dividend Yield: 13.14%
PennyMac Mortgage Investment Trust’s last close was $12.36, 21.67% under its 52-week high of $15.78. Intraday change was 1.48%.
PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. It operates through four segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production, and Corporate. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.
Earnings Per Share
As for profitability, PennyMac Mortgage Investment Trust has a trailing twelve months EPS of $0.61.
PE Ratio
PennyMac Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 20.26. Meaning, the purchaser of the share is investing $20.26 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 5.09%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 11, 2023, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 13.14%.
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2. Genesis Energy, L.P. (GEL) – Dividend Yield: 6.04%
Genesis Energy, L.P.’s last close was $10.23, 15.8% below its 52-week high of $12.15. Intraday change was 3.33%.
Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company's Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deepwater pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico. This segment owns interests in approximately 1,422 miles of crude oil pipelines located offshore in the Gulf of Mexico. Its Sodium Minerals and Sulfur Services segment offers sulfur-extraction services to refining operations; and operates storage and transportation assets. This segment provides services to ten refining operations; and sells sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of base metals. Its Onshore Facilities and Transportation segment offers onshore facilities and transportation services to Gulf Coast crude oil refineries and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products. It operates trucks, trailers, railcars, and terminals and tankage with 4.2 million barrels of storage capacity in various locations along the Gulf Coast. This segment also transports crude oil. It owns four onshore crude oil pipeline systems with approximately 450 miles of pipe in Alabama, Florida, Louisiana, Mississippi, and Texas; and four operational crude oil rail unloading facilities in Baton Rouge, Raceland, and Louisiana, as well as Walnut Hill, Florida and Natchez, Mississippi. Its Marine Transportation segment offers waterborne transportation of petroleum and crude oil in North America. This segment owns a fleet of 91 barges with a combined transportation capacity of 3.2 million barrels; and 42 push/tow boats. In addition, the company produces natural soda ash. Genesis Energy, LLC serves as a general partner of the company. The company was incorporated in 1996 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Genesis Energy, L.P. has a trailing twelve months EPS of $0.03.
PE Ratio
Genesis Energy, L.P. has a trailing twelve months price to earnings ratio of 341. Meaning, the purchaser of the share is investing $341 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 6.54%.
Sales Growth
Genesis Energy, L.P.’s sales growth is negative 44.7% for the present quarter and negative 43.8% for the next.
Yearly Top and Bottom Value
Genesis Energy, L.P.’s stock is valued at $10.23 at 20:15 EST, way below its 52-week high of $12.15 and way above its 52-week low of $8.05.
Volume
Today’s last reported volume for Genesis Energy, L.P. is 314191 which is 50.76% below its average volume of 638100.
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3. Ares Management L.P. (ARES) – Dividend Yield: 2.69%
Ares Management L.P.’s last close was $108.42, 1.05% under its 52-week high of $109.57. Intraday change was 2.34%.
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
Earnings Per Share
As for profitability, Ares Management L.P. has a trailing twelve months EPS of $1.66.
PE Ratio
Ares Management L.P. has a trailing twelve months price to earnings ratio of 65.31. Meaning, the purchaser of the share is investing $65.31 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 16.04%.
Yearly Top and Bottom Value
Ares Management L.P.’s stock is valued at $108.42 at 20:15 EST, below its 52-week high of $109.57 and way higher than its 52-week low of $58.60.
Revenue Growth
Year-on-year quarterly revenue growth grew by 81.8%, now sitting on 3.65B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 17.3% and 0.8%, respectively.
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4. Exelixis (EXEL) – Dividend Yield: 2.47%
Exelixis’s last close was $21.36, 6.32% below its 52-week high of $22.80. Intraday change was 0.56%.
Exelixis, Inc., an oncology-focused biotechnology company, focuses on the discovery, development, and commercialization of new medicines to treat cancers in the United States. The company's products include CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of patients with progressive and metastatic medullary thyroid cancer. Its CABOMETYX and COMETRIQ are derived from cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, RET, and VEGF receptors. The company also offers COTELLIC, an inhibitor of MEK as a combination regimen to treat advanced melanoma; and MINNEBRO, an oral non-steroidal selective blocker of the mineralocorticoid receptor for the treatment of hypertension in Japan. In addition, it is developing XL092, an oral tyrosine kinase inhibitor that targets VEGF receptors, MET, AXL, MER, and other kinases implicated in growth and spread of cancer; XB002, an antibody-drug conjugate composed of human mAb against tissue factor (TF) for the treatment of advanced solid tumors; XL102, an orally bioavailable cyclin-dependent kinase 7 (CDK7) inhibitor for the treatment of advanced or metastatic solid tumors; and XB002 for the treatment of non-hodgkin's lymphoma. Exelixis, Inc. has research collaborations and license agreements with Ipsen Pharma SAS; Takeda Pharmaceutical Company Ltd.; F. Hoffmann-La Roche Ltd.; Redwood Bioscience, Inc.; R.P. Scherer Technologies, LLC; Catalent Pharma Solutions, Inc.; NBE Therapeutics AG; Aurigene Discovery Technologies Limited; Iconic Therapeutics, Inc.; Invenra, Inc.; StemSynergy Therapeutics, Inc.; Genentech, Inc.; Bristol-Myers Squibb Company; and Daiichi Sankyo Company, Limited. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was incorporated in 1994 and is headquartered in Alameda, California.
Earnings Per Share
As for profitability, Exelixis has a trailing twelve months EPS of $0.5.
PE Ratio
Exelixis has a trailing twelve months price to earnings ratio of 42.72. Meaning, the purchaser of the share is investing $42.72 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 6.68%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Exelixis’s EBITDA is 59.53.
Yearly Top and Bottom Value
Exelixis’s stock is valued at $21.36 at 20:15 EST, below its 52-week high of $22.80 and way above its 52-week low of $15.32.
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5. American States Water Company (AWR) – Dividend Yield: 2.05%
American States Water Company’s last close was $79.31, 21.09% below its 52-week high of $100.51. Intraday change was 0.19%.
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2020, it provided water service to approximately 261,796 customers located throughout 10 counties in the State of California; and distributed electricity to approximately 24,545 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Earnings Per Share
As for profitability, American States Water Company has a trailing twelve months EPS of $3.16.
PE Ratio
American States Water Company has a trailing twelve months price to earnings ratio of 25.1. Meaning, the purchaser of the share is investing $25.1 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 16.17%.
Sales Growth
American States Water Company’s sales growth is 6.3% for the current quarter and 5.3% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 1.62 and the estimated forward annual dividend yield is 2.05%.
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