Altria Group, Rand Capital Corporation, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Altria Group (MO), Rand Capital Corporation (RAND), Edison International (EIX) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Altria Group (MO) 9.32% 2023-10-06 12:57:11
Rand Capital Corporation (RAND) 7.35% 2023-09-30 13:42:07
Edison International (EIX) 4.66% 2023-10-06 12:20:20
Summit State Bank (SSBI) 3.07% 2023-10-01 03:48:07
eBay (EBAY) 2.29% 2023-10-06 12:11:55

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. Altria Group (MO) – Dividend Yield: 9.32%

Altria Group’s last close was $41.99, 12.72% below its 52-week high of $48.11. Intraday change was 0.08%.

Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; moist smokeless tobacco products and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; and on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. The company was founded in 1822 and is headquartered in Richmond, Virginia.

Earnings Per Share

As for profitability, Altria Group has a trailing twelve months EPS of $3.85.

PE Ratio

Altria Group has a trailing twelve months price to earnings ratio of 10.92. Meaning, the purchaser of the share is investing $10.92 for every dollar of annual earnings.

Yearly Top and Bottom Value

Altria Group’s stock is valued at $42.03 at 20:15 EST, way below its 52-week high of $48.11 and higher than its 52-week low of $40.74.

More news about Altria Group.

2. Rand Capital Corporation (RAND) – Dividend Yield: 7.35%

Rand Capital Corporation’s last close was $13.17, 22.16% below its 52-week high of $16.92. Intraday change was -2.95%.

Rand Capital Corporation is a business development company and regulated investment company specializing in private equity investments. The firm prefers to make investments through equity or debt instruments in lower middle market and in small to medium-sized privately held companies. It generally lends to more mature companies. The firm does not prefer to invest in real estate sector. It invests in companies that are engaged in the exploitation of new or unique products, technologies, or services. The firm invests in healthcare, consumer products, manufacturing, software, and professional services. It seeks to invest in companies based in the Western and Upstate New York region and its surrounding states with focus on Buffalo and Niagara region. The firm may invest in region within three to five hour drives from Western New York including Canada. It typically invests between $0.5 million and $1.5 million and the total investment in rounds is between $1 million and $5 million. The firm seeks to invest up to maximum of $3 million total per company as part of follow-on investments. It invest in startups and companies having annual revenue up to $10 million. It invest companies having EBITDA up to $5 million. The firm Follow-on investment(s) up to a targeted maximum of $2 million to $3 million total per company. The firm frequently participate three investment round. The firm seeks to be a lead investor in companies within its geographical area and participates in syndicate/co-invest with other investors outside it. It prefers to invest in businesses that are unique or possess proprietary right. The firm prefers to be a minority investor and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period of five to seven years. Rand Capital Corporation was founded in 1969 and is based in Buffalo, New York.

Earnings Per Share

As for profitability, Rand Capital Corporation has a trailing twelve months EPS of $2.48.

PE Ratio

Rand Capital Corporation has a trailing twelve months price to earnings ratio of 5.31. Meaning, the purchaser of the share is investing $5.31 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 10.53%.

Yearly Top and Bottom Value

Rand Capital Corporation’s stock is valued at $13.17 at 20:15 EST, way below its 52-week high of $16.92 and above its 52-week low of $12.62.

Revenue Growth

Year-on-year quarterly revenue growth grew by 34.2%, now sitting on 6.95M for the twelve trailing months.

Moving Average

Rand Capital Corporation’s worth is below its 50-day moving average of $13.53 and under its 200-day moving average of $13.52.

Volume

Today’s last reported volume for Rand Capital Corporation is 1210 which is 111.9% above its average volume of 571.

More news about Rand Capital Corporation.

3. Edison International (EIX) – Dividend Yield: 4.66%

Edison International’s last close was $62.06, 17.16% under its 52-week high of $74.92. Intraday change was 1.29%.

Edison International, through its subsidiaries, generates and distributes electric power. The company supplies electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. It also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. The company's transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 substations. Edison International was founded in 1886 and is headquartered in Rosemead, California.

Earnings Per Share

As for profitability, Edison International has a trailing twelve months EPS of $2.48.

PE Ratio

Edison International has a trailing twelve months price to earnings ratio of 24.79. Meaning, the purchaser of the share is investing $24.79 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 5.38%.

More news about Edison International.

4. Summit State Bank (SSBI) – Dividend Yield: 3.07%

Summit State Bank’s last close was $16.04, 14.09% below its 52-week high of $18.67. Intraday change was 2.71%.

Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, individual retirement, and other retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; and home equity lines of credit, as well as term loans, credit lines to individuals, equipment loans, and business lines of credit. Its loan products also comprise loans for accounts receivable and inventory financing, loans to agriculture-related businesses, and equipment and expansion financing programs. In addition, the company provides Internet and telephone banking; and other services, such as banking by appointment, online banking, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier, safe deposit boxes, night depository facilities, notary, travelers checks, lockbox, and banking by mail. Further, it offers cash management and electronic bill payment services. The company operates through five depository offices located in Santa Rosa, Rohnert Park, Healdsburg, and Petaluma, as well as loan production offices in Roseville, California and Scottsdale, Arizona. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California.

Earnings Per Share

As for profitability, Summit State Bank has a trailing twelve months EPS of $2.34.

PE Ratio

Summit State Bank has a trailing twelve months price to earnings ratio of 6.86. Meaning, the purchaser of the share is investing $6.86 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 17.46%.

More news about Summit State Bank.

5. eBay (EBAY) – Dividend Yield: 2.29%

eBay’s last close was $43.01, 17.65% under its 52-week high of $52.23. Intraday change was 1.06%.

eBay Inc. operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company's marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, and sell various products. The company was founded in 1995 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, eBay has a trailing twelve months EPS of $2.35.

PE Ratio

eBay has a trailing twelve months price to earnings ratio of 18.32. Meaning, the purchaser of the share is investing $18.32 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 25.53%.

Stock Price Classification

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

More news about eBay.

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