Cato Corporation, Sinclair Broadcast Group, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Cato Corporation (CATO), Sinclair Broadcast Group (SBGI), Gladstone Investment Corporation (GAIN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Cato Corporation (CATO) 8.77% 2023-09-03 07:07:13
Sinclair Broadcast Group (SBGI) 7.69% 2023-08-26 03:10:06
Gladstone Investment Corporation (GAIN) 7.67% 2023-08-23 13:14:07
American Electric Power Company (AEP) 4.28% 2023-09-03 03:15:07
Nuveen New York Dividend Advantage Municipal Fund (NAN) 4.16% 2023-08-19 03:49:07
PotlatchDeltic Corporation (PCH) 3.84% 2023-08-25 11:06:07
Hersha Hospitality Trust (HT) 3.09% 2023-08-18 04:23:09
McDonald’s (MCD) 2.16% 2023-09-03 03:25:14

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. Cato Corporation (CATO) – Dividend Yield: 8.77%

Cato Corporation’s last close was $7.70, 36.42% below its 52-week high of $12.11. Intraday change was -0.65%.

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce Websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce Websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. As of January 30, 2021, the company operated 1,330 stores in 33 states. It also provides credit card services to its customers, as well as layaway plans for customers who agree to make periodic payments. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Cato Corporation has a trailing twelve months EPS of $-0.08.

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 -0.8%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.1%, now sitting on 730.6M for the twelve trailing months.

Stock Price Classification

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

More news about Cato Corporation.

2. Sinclair Broadcast Group (SBGI) – Dividend Yield: 7.69%

Sinclair Broadcast Group’s last close was $12.36, 46.93% under its 52-week high of $23.29. Intraday change was -4.92%.

Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events. The company also owns and operates Tennis Channel, a cable network, which includes coverage of various tennis' top tournaments and original professional sports and tennis lifestyle shows; the Tennis Channel International streaming service; Tennis Magazine, the sport's print publication; and Tennis.com, an online tennis platform. Further, it owns and operates various networks carried on distribution platforms, including Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; Stadium, a professional sports highlights and college games network; STIRR, an ad-supported DTC streaming app; and NewsON, an ad-supported app that provides access to live or on-demand local news broadcasts, including non-Sinclair affiliate partners. Additionally, the company provides technical services to the broadcast industry; and owns various non-media related investments, such as private equity, mezzanine financing, and real estate investments. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.

Earnings Per Share

As for profitability, Sinclair Broadcast Group has a trailing twelve months EPS of $2.97.

PE Ratio

Sinclair Broadcast Group has a trailing twelve months price to earnings ratio of 4.16. Meaning, the purchaser of the share is investing $4.16 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 26.8%.

Volume

Today’s last reported volume for Sinclair Broadcast Group is 628512 which is 9.67% below its average volume of 695838.

Moving Average

Sinclair Broadcast Group’s value is under its 50-day moving average of $13.65 and way under its 200-day moving average of $16.38.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Sinclair Broadcast Group’s EBITDA is 1.33.

More news about Sinclair Broadcast Group.

3. Gladstone Investment Corporation (GAIN) – Dividend Yield: 7.67%

Gladstone Investment Corporation’s last close was $12.51, 15.76% below its 52-week high of $14.85. Intraday change was 1.52%.

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.

Earnings Per Share

As for profitability, Gladstone Investment Corporation has a trailing twelve months EPS of $0.97.

PE Ratio

Gladstone Investment Corporation has a trailing twelve months price to earnings ratio of 13.09. Meaning, the purchaser of the share is investing $13.09 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 7.32%.

Moving Average

Gladstone Investment Corporation’s value is below its 50-day moving average of $13.19 and below its 200-day moving average of $13.36.

Volume

Today’s last reported volume for Gladstone Investment Corporation is 43348 which is 62.03% below its average volume of 114169.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 5, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 7.67%.

More news about Gladstone Investment Corporation.

4. American Electric Power Company (AEP) – Dividend Yield: 4.28%

American Electric Power Company’s last close was $77.52, 26.59% below its 52-week high of $105.60. Intraday change was -0.42%.

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.

Earnings Per Share

As for profitability, American Electric Power Company has a trailing twelve months EPS of $3.84.

PE Ratio

American Electric Power Company has a trailing twelve months price to earnings ratio of 20.6. Meaning, the purchaser of the share is investing $20.6 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 8.19%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.8%, now sitting on 19.47B for the twelve trailing months.

Stock Price Classification

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

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 8, 2023, the estimated forward annual dividend rate is 3.32 and the estimated forward annual dividend yield is 4.28%.

More news about American Electric Power Company.

5. Nuveen New York Dividend Advantage Municipal Fund (NAN) – Dividend Yield: 4.16%

Nuveen New York Dividend Advantage Municipal Fund’s last close was $10.37, 14.01% below its 52-week high of $12.06. Intraday change was -0.29%.

Nuveen New York Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in municipal bonds, with a rating of Baa or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's New York Municipal Bond Index and Standard & Poor's National Municipal Bond Index. The fund was formerly known as Nuveen New York Dividend Advantage Municipal Fund. Nuveen New York Quality Municipal Income Fund was formed on May 26, 1999 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen New York Dividend Advantage Municipal Fund has a trailing twelve months EPS of $-1.88.

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 -13.95%.

More news about Nuveen New York Dividend Advantage Municipal Fund.

6. PotlatchDeltic Corporation (PCH) – Dividend Yield: 3.84%

PotlatchDeltic Corporation’s last close was $48.35, 11.19% under its 52-week high of $54.44. Intraday change was 0.89%.

PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance.

Earnings Per Share

As for profitability, PotlatchDeltic Corporation has a trailing twelve months EPS of $0.98.

PE Ratio

PotlatchDeltic Corporation has a trailing twelve months price to earnings ratio of 49.78. Meaning, the purchaser of the share is investing $49.78 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 4.33%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

PotlatchDeltic Corporation’s EBITDA is 4.29.

Yearly Top and Bottom Value

PotlatchDeltic Corporation’s stock is valued at $48.78 at 03:15 EST, way under its 52-week high of $54.44 and way above its 52-week low of $39.10.

Moving Average

PotlatchDeltic Corporation’s worth is below its 50-day moving average of $51.44 and higher than its 200-day moving average of $48.01.

Sales Growth

PotlatchDeltic Corporation’s sales growth is negative 12.8% for the present quarter and 6.4% for the next.

More news about PotlatchDeltic Corporation.

7. Hersha Hospitality Trust (HT) – Dividend Yield: 3.09%

Hersha Hospitality Trust’s last close was $6.47, 44.03% under its 52-week high of $11.56. Intraday change was -0.31%.

Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations. The Company's 49 hotels totaling 7,774 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company's common shares are traded on The New York Stock Exchange under the ticker “HT.”

Earnings Per Share

As for profitability, Hersha Hospitality Trust has a trailing twelve months EPS of $3.15.

PE Ratio

Hersha Hospitality Trust has a trailing twelve months price to earnings ratio of 2.05. Meaning, the purchaser of the share is investing $2.05 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 24.88%.

Yearly Top and Bottom Value

Hersha Hospitality Trust’s stock is valued at $6.47 at 03:15 EST, way under its 52-week high of $11.56 and way above its 52-week low of $5.64.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 104.3% and a negative 138.7%, respectively.

Volume

Today’s last reported volume for Hersha Hospitality Trust is 315846 which is 11.68% below its average volume of 357640.

More news about Hersha Hospitality Trust.

8. McDonald’s (MCD) – Dividend Yield: 2.16%

McDonald’s’s last close was $280.94, 6.15% below its 52-week high of $299.35. Intraday change was -0.02%.

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. The company's restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, fries, salads, shakes, frozen desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including muffins, Sausages, biscuit and bagel sandwiches, oatmeal, hash browns, breakfast burritos and hotcakes. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, McDonald’s has a trailing twelve months EPS of $10.86.

PE Ratio

McDonald’s has a trailing twelve months price to earnings ratio of 26.03. Meaning, the purchaser of the share is investing $26.03 for every dollar of annual earnings.

Yearly Top and Bottom Value

McDonald’s’s stock is valued at $282.66 at 03:15 EST, below its 52-week high of $299.35 and way above its 52-week low of $230.58.

More news about McDonald’s.

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