BRT Realty Trust, Best Buy Co., Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – BRT Realty Trust (BRT), Best Buy Co. (BBY), Western Asset Managed Municipals Fund (MMU) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
BRT Realty Trust (BRT) 5.41% 2023-06-05 21:10:07
Best Buy Co. (BBY) 4.95% 2023-06-21 14:25:23
Western Asset Managed Municipals Fund (MMU) 4.44% 2023-06-08 11:09:08
Banc of California (BANC) 3.64% 2023-06-05 15:48:08
Corning Incorporated (GLW) 3.51% 2023-06-21 14:27:23
Allstate (ALL) 3.17% 2023-06-21 13:37:46

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. BRT Realty Trust (BRT) – Dividend Yield: 5.41%

BRT Realty Trust’s last close was $19.10, 25.59% under its 52-week high of $25.67. Intraday change was -0.83%.

BRT is a real estate investment trust that owns, operates and develops multi-family properties.

Earnings Per Share

As for profitability, BRT Realty Trust has a trailing twelve months EPS of $1.91.

PE Ratio

BRT Realty Trust has a trailing twelve months price to earnings ratio of 10. Meaning, the purchaser of the share is investing $10 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 15.08%.

More news about BRT Realty Trust.

2. Best Buy Co. (BBY) – Dividend Yield: 4.95%

Best Buy Co.’s last close was $78.82, 15.54% under its 52-week high of $93.32. Intraday change was 0.74%.

Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Earnings Per Share

As for profitability, Best Buy Co. has a trailing twelve months EPS of $5.91.

PE Ratio

Best Buy Co. has a trailing twelve months price to earnings ratio of 13.43. Meaning, the purchaser of the share is investing $13.43 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 47.55%.

More news about Best Buy Co..

3. Western Asset Managed Municipals Fund (MMU) – Dividend Yield: 4.44%

Western Asset Managed Municipals Fund’s last close was $9.97, 11.14% under its 52-week high of $11.22. Intraday change was 0.4%.

Western Asset Managed Municipals Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax. It invests primarily in investment grade municipal securities. The fund employs intensive proprietary research to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Municipal Bond Index. The fund was formerly known as Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc. was formed on June 26, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Managed Municipals Fund has a trailing twelve months EPS of $-2.14.

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 -15.98%.

More news about Western Asset Managed Municipals Fund.

4. Banc of California (BANC) – Dividend Yield: 3.64%

Banc of California’s last close was $11.69, 38.89% below its 52-week high of $19.13. Intraday change was -1.97%.

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company offers deposit products, including checking, savings, money market, retirement, and interest-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and other consumer loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and internet banking services; and master demand accounts, interest rate swaps, and safe deposit boxes. Further, it invests in collateralized loan obligations, agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. As of December 31, 2020, the company operated 29 full-service branches in Southern California. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California.

Earnings Per Share

As for profitability, Banc of California has a trailing twelve months EPS of $1.64.

PE Ratio

Banc of California has a trailing twelve months price to earnings ratio of 6.99. Meaning, the purchaser of the share is investing $6.99 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 9.57%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 3.64%.

Sales Growth

Banc of California’s sales growth is negative 7.1% for the current quarter and negative 10.9% for the next.

More news about Banc of California.

5. Corning Incorporated (GLW) – Dividend Yield: 3.51%

Corning Incorporated’s last close was $34.90, 7.5% below its 52-week high of $37.73. Intraday change was -1.2%.

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. 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, Falcon, Pyrex, and Axygen brands. Corning Incorporated was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. The company 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 $1.06.

PE Ratio

Corning Incorporated has a trailing twelve months price to earnings ratio of 32.53. Meaning, the purchaser of the share is investing $32.53 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 7.84%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Corning Incorporated’s stock is considered to be oversold (<=20).

Sales Growth

Corning Incorporated’s sales growth is negative 7.3% for the current quarter and 1.3% for the next.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.51%.

Moving Average

Corning Incorporated’s value is above its 50-day moving average of $32.57 and above its 200-day moving average of $33.18.

More news about Corning Incorporated.

6. Allstate (ALL) – Dividend Yield: 3.17%

Allstate’s last close was $108.61, 23.59% under its 52-week high of $142.15. Intraday change was -1%.

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products under the Allstate and Encompass brand names. The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance products, including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; towing, jump-start, lockout, fuel delivery, and tire change services; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. This segment offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance. It sells its products through agents, independent agents, call centers, retailers, voluntary benefits brokers, strategic partners, financial specialists, wholesale partners, and affinity groups, as well as through online and mobile applications. The company was founded in 1931 and is headquartered in Northbrook, Illinois.

Earnings Per Share

As for profitability, Allstate has a trailing twelve months EPS of $-8.6.

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 -11.53%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Allstate’s EBITDA is 0.74.

Volume

Today’s last reported volume for Allstate is 1481660 which is 21.57% below its average volume of 1889360.

Moving Average

Allstate’s worth is under its 50-day moving average of $114.28 and way below its 200-day moving average of $124.49.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 36.8% and positive 185.9% for the next.

More news about Allstate.

Leave a Reply

Your email address will not be published. Required fields are marked *