AGNC Investment Corp., Valley National Bancorp, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – AGNC Investment Corp. (AGNC), Valley National Bancorp (VLYPO), OUTFRONT Media (OUT) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
AGNC Investment Corp. (AGNC) 14.5% 2024-01-10 19:14:05
Valley National Bancorp (VLYPO) 9.43% 2024-01-04 19:47:05
OUTFRONT Media (OUT) 8.73% 2024-01-08 22:44:05
Public Service Enterprise Group (PEG) 3.78% 2024-01-17 12:21:40
Greif (GEF) 3.24% 2024-01-07 03:46:06
Randgold (GOLD) 2.27% 2024-01-17 12:12:40

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. AGNC Investment Corp. (AGNC) – Dividend Yield: 14.5%

AGNC Investment Corp.’s last close was $9.93, 18.94% below its 52-week high of $12.25. Intraday change was -0.2%.

AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency. The company funds its investments primarily through collateralized borrowings structured as repurchase agreements. It has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as American Capital Agency Corp. and changed its name to AGNC Investment Corp. in September 2016. AGNC Investment Corp. was incorporated in 2008 and is headquartered in Bethesda, Maryland.

Earnings Per Share

As for profitability, AGNC Investment Corp. has a trailing twelve months EPS of $0.48.

PE Ratio

AGNC Investment Corp. has a trailing twelve months price to earnings ratio of 20.69. Meaning, the purchaser of the share is investing $20.69 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 4.14%.

Sales Growth

AGNC Investment Corp.’s sales growth is 1411.5% for the current quarter and negative 577.9% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 21.6% and a negative 21.4%, respectively.

More news about AGNC Investment Corp..

2. Valley National Bancorp (VLYPO) – Dividend Yield: 9.43%

Valley National Bancorp’s last close was $23.92, 6.71% under its 52-week high of $25.64. Intraday change was 0.89%.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.

Earnings Per Share

As for profitability, Valley National Bancorp has a trailing twelve months EPS of $1.11.

PE Ratio

Valley National Bancorp has a trailing twelve months price to earnings ratio of 21.55. Meaning, the purchaser of the share is investing $21.55 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 9.37%.

Volume

Today’s last reported volume for Valley National Bancorp is 26676 which is 89.15% above its average volume of 14103.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Dec 12, 2023, the estimated forward annual dividend rate is 2.24 and the estimated forward annual dividend yield is 9.43%.

Yearly Top and Bottom Value

Valley National Bancorp’s stock is valued at $23.92 at 09:15 EST, under its 52-week high of $25.64 and way higher than its 52-week low of $15.11.

More news about Valley National Bancorp.

3. OUTFRONT Media (OUT) – Dividend Yield: 8.73%

OUTFRONT Media’s last close was $14.16, 34.6% below its 52-week high of $21.65. Intraday change was 2.98%.

OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.

Earnings Per Share

As for profitability, OUTFRONT Media has a trailing twelve months EPS of $-2.67.

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 -42.17%.

Sales Growth

OUTFRONT Media’s sales growth is 0.2% for the ongoing quarter and 2.7% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

OUTFRONT Media’s EBITDA is 56.42.

Volume

Today’s last reported volume for OUTFRONT Media is 1614470 which is 48.29% below its average volume of 3122680.

Yearly Top and Bottom Value

OUTFRONT Media’s stock is valued at $14.16 at 09:15 EST, way below its 52-week high of $21.65 and way above its 52-week low of $8.18.

More news about OUTFRONT Media.

4. Public Service Enterprise Group (PEG) – Dividend Yield: 3.78%

Public Service Enterprise Group’s last close was $58.81, 10.16% under its 52-week high of $65.46. Intraday change was -0.71%.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2022, it had electric transmission and distribution system of 25,000 circuit miles and 864,000 poles; 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.

Earnings Per Share

As for profitability, Public Service Enterprise Group has a trailing twelve months EPS of $5.61.

PE Ratio

Public Service Enterprise Group has a trailing twelve months price to earnings ratio of 10.51. Meaning, the purchaser of the share is investing $10.51 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 19.74%.

Stock Price Classification

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

Yearly Top and Bottom Value

Public Service Enterprise Group’s stock is valued at $58.95 at 09:15 EST, under its 52-week high of $65.46 and higher than its 52-week low of $53.71.

Volume

Today’s last reported volume for Public Service Enterprise Group is 840694 which is 71.59% below its average volume of 2960100.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 17.2% and positive 2.2% for the next.

More news about Public Service Enterprise Group.

5. Greif (GEF) – Dividend Yield: 3.24%

Greif’s last close was $64.18, 15.55% below its 52-week high of $76.00. Intraday change was -0.36%.

Greif, Inc. engages in the production and sale of industrial packaging products and services worldwide. It operates through three segments: Global Industrial Packaging; Paper Packaging & Services; and Land Management. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries. This segment also offers flexible intermediate bulk containers and related services. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. This segment's corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, automotive components, books, and furniture, as well as various other applications. The Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2022, this segment owned approximately 175,000 acres of timber properties in the southeastern United States. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio.

Earnings Per Share

As for profitability, Greif has a trailing twelve months EPS of $6.15.

PE Ratio

Greif has a trailing twelve months price to earnings ratio of 10.44. Meaning, the purchaser of the share is investing $10.44 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 19.33%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 55.7% and a negative 41.8%, respectively.

Moving Average

Greif’s value is below its 50-day moving average of $66.09 and under its 200-day moving average of $66.75.

More news about Greif.

6. Randgold (GOLD) – Dividend Yield: 2.27%

Randgold’s last close was $15.56, 25.01% under its 52-week high of $20.75. Intraday change was -2.63%.

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas, Asia, and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Randgold has a trailing twelve months EPS of $0.03.

PE Ratio

Randgold has a trailing twelve months price to earnings ratio of 518. Meaning, the purchaser of the share is investing $518 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 1.69%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.3%, now sitting on 11.11B for the twelve trailing months.

Yearly Top and Bottom Value

Randgold’s stock is valued at $15.54 at 09:15 EST, way under its 52-week high of $20.75 and way above its 52-week low of $13.82.

Sales Growth

Randgold’s sales growth is 12.6% for the present quarter and 11.2% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Randgold’s EBITDA is 18.84.

More news about Randgold.

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