(VIANEWS) – Gabelli Utility Trust (GUT), Provident Financial Services (PFS), Corning Incorporated (GLW) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Gabelli Utility Trust (GUT) | 9.9% | 2024-05-28 19:13:05 |
| Provident Financial Services (PFS) | 6.72% | 2024-05-30 13:17:06 |
| Corning Incorporated (GLW) | 3.01% | 2024-06-09 03:13:17 |
| Johnson Controls (JCI) | 2.12% | 2024-06-09 03:17:39 |
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. Gabelli Utility Trust (GUT) – Dividend Yield: 9.9%
Gabelli Utility Trust’s last close was $6.00, 16.32% below its 52-week high of $7.17. Intraday change was -0.99%.
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.
Earnings Per Share
As for profitability, Gabelli Utility Trust has a trailing twelve months EPS of $-0.14.
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 -3.64%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.6%, now sitting on 11.17M for the twelve trailing months.
Volume
Today’s last reported volume for Gabelli Utility Trust is 168200 which is 15.4% above its average volume of 145745.
Moving Average
Gabelli Utility Trust’s worth is above its 50-day moving average of $5.67 and above its 200-day moving average of $5.81.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 12, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 9.9%.
More news about Gabelli Utility Trust.
2. Provident Financial Services (PFS) – Dividend Yield: 6.72%
Provident Financial Services’s last close was $14.28, 27.22% below its 52-week high of $19.62. Intraday change was 0.63%.
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
Earnings Per Share
As for profitability, Provident Financial Services has a trailing twelve months EPS of $1.6.
PE Ratio
Provident Financial Services has a trailing twelve months price to earnings ratio of 8.98. Meaning, the purchaser of the share is investing $8.98 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 7.19%.
Moving Average
Provident Financial Services’s worth is below its 50-day moving average of $14.92 and under its 200-day moving average of $15.67.
Yearly Top and Bottom Value
Provident Financial Services’s stock is valued at $14.37 at 17:15 EST, way below its 52-week high of $19.62 and above its 52-week low of $13.21.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 6.72%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.2%, now sitting on 441.2M for the twelve trailing months.
More news about Provident Financial Services.
3. Corning Incorporated (GLW) – Dividend Yield: 3.01%
Corning Incorporated’s last close was $37.35, 0.19% above its 52-week high of $37.28. Intraday change was -2.42%.
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
Earnings Per Share
As for profitability, Corning Incorporated has a trailing twelve months EPS of $0.68.
PE Ratio
Corning Incorporated has a trailing twelve months price to earnings ratio of 46.31. Meaning, the purchaser of the share is investing $46.31 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 5.74%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.01%.
More news about Corning Incorporated.
4. Johnson Controls (JCI) – Dividend Yield: 2.12%
Johnson Controls’s last close was $70.55, 4.96% under its 52-week high of $74.23. Intraday change was 0.18%.
Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products. The company designs, sells, installs, and services heating, ventilating, air conditioning, controls, building management, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and fire protection and security products for commercial, industrial, retail, small business, institutional, and governmental customers. It also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven smart building solutions to non-residential building and industrial applications. In addition, the company offers control software and software services for residential and commercial applications. Johnson Controls International plc was incorporated in 1885 and is headquartered in Cork, Ireland.
Earnings Per Share
As for profitability, Johnson Controls has a trailing twelve months EPS of $2.69.
PE Ratio
Johnson Controls has a trailing twelve months price to earnings ratio of 24.27. Meaning, the purchaser of the share is investing $24.27 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 11.04%.
More news about Johnson Controls.
