Air T, Uniti Group, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Air T (AIRTP), Uniti Group (UNIT), The First Bancshares (FBMS) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Air T (AIRTP) 12.46% 2023-12-12 10:43:06
Uniti Group (UNIT) 10.85% 2023-12-17 21:15:10
The First Bancshares (FBMS) 3.31% 2023-12-08 05:15:06
Tenaris S.A. (TS) 3.12% 2023-12-05 13:07:06
Infosys Limited (INFY) 2.42% 2023-12-21 12:20:54

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. Air T (AIRTP) – Dividend Yield: 12.46%

Air T’s last close was $16.05, 33.71% below its 52-week high of $24.21. Intraday change was 2.8%.

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2021, this segment had 66 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

Earnings Per Share

As for profitability, Air T has a trailing twelve months EPS of $0.34.

PE Ratio

Air T has a trailing twelve months price to earnings ratio of 49.11. Meaning, the purchaser of the share is investing $49.11 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 negative -39.28%.

More news about Air T.

2. Uniti Group (UNIT) – Dividend Yield: 10.85%

Uniti Group’s last close was $5.55, 19.1% under its 52-week high of $6.86. Intraday change was -3.14%.

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of June 30, 2020, Uniti owns 6.5 million fiber strand miles and other communications real estate throughout the United States.

Earnings Per Share

As for profitability, Uniti Group has a trailing twelve months EPS of $-0.15.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 1.15B for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 10.85%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 56.5% and positive 250% for the next.

Yearly Top and Bottom Value

Uniti Group’s stock is valued at $5.55 at 04:15 EST, way under its 52-week high of $6.86 and way higher than its 52-week low of $2.94.

More news about Uniti Group.

3. The First Bancshares (FBMS) – Dividend Yield: 3.31%

The First Bancshares’s last close was $27.13, 20.32% under its 52-week high of $34.05. Intraday change was 1.65%.

The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts. The company also provides commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, as well as secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans. In addition, it originates loans to purchase existing residential homes or construct new homes, and to refinance existing mortgages; and provides financial and wealth management services. Further, the company offers internet banking services, automated teller machines, voice response telephone inquiry services, commercial sweep accounts, cash management services, safe deposit boxes, merchant, mobile deposit, direct deposit of payroll and social security checks, automatic drafts for various accounts, and credit card services. It primarily serves small to medium-sized businesses, professional concerns, individuals, associations, organizations, and governmental authorities. As of December 31, 2021, the company operated 90 locations in Mississippi, Alabama, Florida, Georgia, and Louisiana. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.

Earnings Per Share

As for profitability, The First Bancshares has a trailing twelve months EPS of $2.71.

PE Ratio

The First Bancshares has a trailing twelve months price to earnings ratio of 10.01. Meaning, the purchaser of the share is investing $10.01 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 10.63%.

More news about The First Bancshares.

4. Tenaris S.A. (TS) – Dividend Yield: 3.12%

Tenaris S.A.’s last close was $34.67, 8.76% below its 52-week high of $38.00. Intraday change was -0.85%.

Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products and related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, line pipes, cold-drawn pipes, and premium joints and couplings; and coiled tubing products for oil and gas drilling and workovers, and subsea pipelines. It also manufactures sucker rods used in oil extraction activities and tubes for plumbing and construction applications; and offers oilfield/hydraulic fracturing services and energy and raw materials, and financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was founded in 2001 and is based in Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.à r.l.

Earnings Per Share

As for profitability, Tenaris S.A. has a trailing twelve months EPS of $6.08.

PE Ratio

Tenaris S.A. has a trailing twelve months price to earnings ratio of 5.65. Meaning, the purchaser of the share is investing $5.65 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 24.32%.

Moving Average

Tenaris S.A.’s value is higher than its 50-day moving average of $33.00 and way higher than its 200-day moving average of $30.96.

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5. Infosys Limited (INFY) – Dividend Yield: 2.42%

Infosys Limited’s last close was $18.42, 8.59% below its 52-week high of $20.15. Intraday change was -0.65%.

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application management and application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support, and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, and Stater digital platforms; and Infosys McCamish, an insurance platform. It serves enterprises in the financial services and insurance, manufacturing, retail, consumer packaged goods, logistics, energy, utilities, resources, services, communications, telecom OEM, media, hi-tech, and life sciences and healthcare industries. The company has a collaboration with Microsoft to accelerate and democratize industry-wide adoption of generative AI; and strategic collaboration with Amazon Web Services Inc to deliver technology transformation and industry specific solutions to financial organizations. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.

Earnings Per Share

As for profitability, Infosys Limited has a trailing twelve months EPS of $0.73.

PE Ratio

Infosys Limited has a trailing twelve months price to earnings ratio of 25.07. Meaning, the purchaser of the share is investing $25.07 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 30.74%.

More news about Infosys Limited.

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