Alliance Resource Partners, L.P., Gabelli Equity Trust, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Alliance Resource Partners, L.P. (ARLP), Gabelli Equity Trust (GAB), Pimco Global Stocksplus & Income Fund (PGP) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Alliance Resource Partners, L.P. (ARLP) 11.71% 2024-08-29 19:46:06
Gabelli Equity Trust (GAB) 10.91% 2024-08-25 19:49:05
Pimco Global Stocksplus & Income Fund (PGP) 10.36% 2024-08-27 21:07:05
Tenaris S.A. (TS) 4.3% 2024-08-28 21:10:05
S&T Bancorp (STBA) 3.07% 2024-09-03 17:12:06

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. Alliance Resource Partners, L.P. (ARLP) – Dividend Yield: 11.71%

Alliance Resource Partners, L.P.’s last close was $23.92, 8.74% under its 52-week high of $26.21. Intraday change was 0%.

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. It produces a range of thermal and metallurgical coal with sulfur and heat contents. The company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, it leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and buys and resells coal, as well as owns mineral and royalty interests in approximately 1.5 million gross acres of oil and gas producing regions primarily in the Permian, Anadarko, and Williston Basins. Further, the company offers various mining technology products and services, including data network, communication and tracking systems, mining proximity detection systems, industrial collision avoidance systems, and data and analytics software. As of December 31, 2021, it had approximately 547.1 million tons of proven and probable coal mineral reserves, as well as 1.17 billion tons of measured, indicated, and inferred coal mineral resources in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, Alliance Resource Partners, L.P. has a trailing twelve months EPS of $4.04.

PE Ratio

Alliance Resource Partners, L.P. has a trailing twelve months price to earnings ratio of 5.92. Meaning, the purchaser of the share is investing $5.92 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 28.66%.

Volume

Today’s last reported volume for Alliance Resource Partners, L.P. is 172404 which is 50.73% below its average volume of 349931.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 7, 2024, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 11.71%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.6%, now sitting on 2.51B for the twelve trailing months.

More news about Alliance Resource Partners, L.P..

2. Gabelli Equity Trust (GAB) – Dividend Yield: 10.91%

Gabelli Equity Trust’s last close was $5.50, 4.18% under its 52-week high of $5.74. Intraday change was 1.66%.

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.

Earnings Per Share

As for profitability, Gabelli Equity Trust has a trailing twelve months EPS of $0.78.

PE Ratio

Gabelli Equity Trust has a trailing twelve months price to earnings ratio of 7.05. Meaning, the purchaser of the share is investing $7.05 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 12.24%.

Volume

Today’s last reported volume for Gabelli Equity Trust is 555236 which is 3.65% below its average volume of 576309.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 10.91%.

Moving Average

Gabelli Equity Trust’s worth is above its 50-day moving average of $5.32 and higher than its 200-day moving average of $5.29.

Yearly Top and Bottom Value

Gabelli Equity Trust’s stock is valued at $5.50 at 10:15 EST, below its 52-week high of $5.74 and way above its 52-week low of $4.56.

More news about Gabelli Equity Trust.

3. Pimco Global Stocksplus & Income Fund (PGP) – Dividend Yield: 10.36%

Pimco Global Stocksplus & Income Fund’s last close was $8.04, 0.74% below its 52-week high of $8.10. Intraday change was 0.63%.

PIMCO Global Stocksplus & Income Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options. It invests in mortgage-related, government, corporate and other debt securities of U.S. and non-U.S. issuers and emerging market bonds. The fund invests in investment grade securities with a low- to intermediate-average duration. It invests in stocks of companies across diversified sectors. PIMCO Global Stocksplus & Income Fund was formed on April 30, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pimco Global Stocksplus & Income Fund has a trailing twelve months EPS of $1.37.

PE Ratio

Pimco Global Stocksplus & Income Fund has a trailing twelve months price to earnings ratio of 5.87. Meaning, the purchaser of the share is investing $5.87 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 11.75%.

Moving Average

Pimco Global Stocksplus & Income Fund’s worth is above its 50-day moving average of $7.64 and above its 200-day moving average of $7.46.

Volume

Today’s last reported volume for Pimco Global Stocksplus & Income Fund is 74011 which is 54.05% above its average volume of 48042.

Yearly Top and Bottom Value

Pimco Global Stocksplus & Income Fund’s stock is valued at $8.04 at 10:15 EST, below its 52-week high of $8.10 and way above its 52-week low of $5.83.

More news about Pimco Global Stocksplus & Income Fund.

4. Tenaris S.A. (TS) – Dividend Yield: 4.3%

Tenaris S.A.’s last close was $27.91, 31.48% under its 52-week high of $40.73. Intraday change was -0.75%.

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 $4.68.

PE Ratio

Tenaris S.A. has a trailing twelve months price to earnings ratio of 5.96. Meaning, the purchaser of the share is investing $5.96 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 17.07%.

Sales Growth

Tenaris S.A.’s sales growth is negative 15.3% for the current quarter and negative 15.8% for the next.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 4.3%.

More news about Tenaris S.A..

5. S&T Bancorp (STBA) – Dividend Yield: 3.07%

S&T Bancorp’s last close was $42.97, 6.16% below its 52-week high of $45.79. Intraday change was -0.91%.

S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business banking, Commercial Construction, Consumer Real Estate, and Other Consumer. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions. In addition, the company distributes life insurance and long-term disability income insurance products, as well as offers title insurance agency services to commercial customers. As of December 31, 2020, it operated 76 banking branches and 5 loan production offices located in Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.

Earnings Per Share

As for profitability, S&T Bancorp has a trailing twelve months EPS of $3.53.

PE Ratio

S&T Bancorp has a trailing twelve months price to earnings ratio of 12.06. Meaning, the purchaser of the share is investing $12.06 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 10.74%.

Volume

Today’s last reported volume for S&T Bancorp is 151773 which is 5.67% below its average volume of 160906.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 6.9% and a negative 17.7%, respectively.

Yearly Top and Bottom Value

S&T Bancorp’s stock is valued at $42.58 at 10:15 EST, under its 52-week high of $45.79 and way above its 52-week low of $24.51.

Moving Average

S&T Bancorp’s value is above its 50-day moving average of $38.89 and way above its 200-day moving average of $33.25.

More news about S&T Bancorp.

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