Cato Corporation, Solar Capital Ltd., Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Cato Corporation (CATO), Solar Capital Ltd. (SLRC), Pimco Corporate & Income Strategy Fund (PCN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Cato Corporation (CATO) 14.02% 2024-08-07 01:09:04
Solar Capital Ltd. (SLRC) 10.68% 2024-08-16 19:06:05
Pimco Corporate & Income Strategy Fund (PCN) 10.15% 2024-08-10 03:12:06
Southside Bancshares (SBSI) 4.61% 2024-08-16 13:23:06
Independent Bank Corp. (INDB) 3.93% 2024-08-14 12:23:05
Bank OZK (OZK) 3.83% 2024-08-22 01:09:05
NiSource (NI) 3.41% 2024-08-09 19:14:05
Phibro Animal Health Corporation (PAHC) 2.76% 2024-08-15 19:15:05
Sealed Air Corporation (SEE) 2.42% 2024-08-10 14:09:27

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: 14.02%

Cato Corporation’s last close was $4.85, 43.47% under its 52-week high of $8.58. Intraday change was -2.02%.

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 $-0.85.

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 -8.21%.

More news about Cato Corporation.

2. Solar Capital Ltd. (SLRC) – Dividend Yield: 10.68%

Solar Capital Ltd.’s last close was $15.36, 8.41% under its 52-week high of $16.77. Intraday change was 0%.

Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. The fund primarily invests in United States. The fund's investments generally range between $5 million and $100 million. The fund invests in companies with revenues between $50 million and $1 billion and EBITDA between $15 million and $100 million. It invests in the form of senior secured loans, mezzanine loans, and equity securities. It may also seek investments in thinly traded public companies and also make secondary investments. The fund makes non-control equity investments. It primarily exits within three years of the initial capital commitment.

Earnings Per Share

As for profitability, Solar Capital Ltd. has a trailing twelve months EPS of $1.87.

PE Ratio

Solar Capital Ltd. has a trailing twelve months price to earnings ratio of 8.21. Meaning, the purchaser of the share is investing $8.21 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 10.3%.

Yearly Top and Bottom Value

Solar Capital Ltd.’s stock is valued at $15.36 at 10:15 EST, under its 52-week high of $16.77 and way above its 52-week low of $13.93.

Volume

Today’s last reported volume for Solar Capital Ltd. is 134372 which is 0.59% above its average volume of 133575.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 2.4% and a drop 2.3% for the next.

More news about Solar Capital Ltd..

3. Pimco Corporate & Income Strategy Fund (PCN) – Dividend Yield: 10.15%

Pimco Corporate & Income Strategy Fund’s last close was $13.30, 6.54% below its 52-week high of $14.23. Intraday change was 0.38%.

PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income 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 the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in fixed income securities such as treasury bonds, corporate notes, U.S. government agency securities, mortgage backed and asset-backed securities. The fund employs fundamental analysis with a top-down security selection process to create its portfolio. The fund was formerly known as PIMCO Corporate Income Fund. PIMCO Corporate & Income Strategy Fund was formed on October 17, 2001 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pimco Corporate & Income Strategy Fund has a trailing twelve months EPS of $1.48.

PE Ratio

Pimco Corporate & Income Strategy Fund has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing $8.99 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 7.59%.

Moving Average

Pimco Corporate & Income Strategy Fund’s worth is under its 50-day moving average of $13.34 and above its 200-day moving average of $12.99.

Volume

Today’s last reported volume for Pimco Corporate & Income Strategy Fund is 181204 which is 12.33% below its average volume of 206708.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 12, 2024, the estimated forward annual dividend rate is 1.35 and the estimated forward annual dividend yield is 10.15%.

More news about Pimco Corporate & Income Strategy Fund.

4. Southside Bancshares (SBSI) – Dividend Yield: 4.61%

Southside Bancshares’s last close was $31.93, 11.55% below its 52-week high of $36.10. Intraday change was 1.1%.

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Earnings Per Share

As for profitability, Southside Bancshares has a trailing twelve months EPS of $2.7.

PE Ratio

Southside Bancshares has a trailing twelve months price to earnings ratio of 11.96. Meaning, the purchaser of the share is investing $11.96 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 10.46%.

More news about Southside Bancshares.

5. Independent Bank Corp. (INDB) – Dividend Yield: 3.93%

Independent Bank Corp.’s last close was $58.02, 15.61% below its 52-week high of $68.75. Intraday change was -1.07%.

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. It accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial and industrial, commercial real estate and construction, small business, and consumer real estate. In addition, it provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Earnings Per Share

As for profitability, Independent Bank Corp. has a trailing twelve months EPS of $4.97.

PE Ratio

Independent Bank Corp. has a trailing twelve months price to earnings ratio of 11.55. Meaning, the purchaser of the share is investing $11.55 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 7.44%.

Yearly Top and Bottom Value

Independent Bank Corp.’s stock is valued at $57.40 at 10:15 EST, way below its 52-week high of $68.75 and way higher than its 52-week low of $44.63.

More news about Independent Bank Corp..

6. Bank OZK (OZK) – Dividend Yield: 3.83%

Bank OZK’s last close was $41.75, 20.26% under its 52-week high of $52.36. Intraday change was 1.51%.

Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. It also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural equipment, small business, lines of credit, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products. In addition, the company provides trust and wealth services, such as personal trusts, custodial accounts, investment management accounts, and retirement accounts, as well as corporate trust services, including trustee, paying agent and registered transfer agent services, and other related services. Further, it offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, merchant and commercial card, and other services, as well as zero balance and investment sweep accounts. Additionally, the company provides ATMs; telephone, online, and mobile banking services; debit and credit cards; safe deposit boxes; and other products and services, as well as processes merchant debit and credit card transactions. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.

Earnings Per Share

As for profitability, Bank OZK has a trailing twelve months EPS of $6.02.

PE Ratio

Bank OZK has a trailing twelve months price to earnings ratio of 6.94. Meaning, the purchaser of the share is investing $6.94 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 13.74%.

More news about Bank OZK.

7. NiSource (NI) – Dividend Yield: 3.41%

NiSource’s last close was $31.35, 3.18% under its 52-week high of $32.38. Intraday change was 0.97%.

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 859,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,800 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 486,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

Earnings Per Share

As for profitability, NiSource has a trailing twelve months EPS of $1.63.

PE Ratio

NiSource has a trailing twelve months price to earnings ratio of 19.23. Meaning, the purchaser of the share is investing $19.23 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 9.13%.

More news about NiSource.

8. Phibro Animal Health Corporation (PAHC) – Dividend Yield: 2.76%

Phibro Animal Health Corporation’s last close was $18.01, 7.88% below its 52-week high of $19.55. Intraday change was 3.57%.

Phibro Animal Health Corporation develops, manufactures, and supplies a range of animal health and mineral nutrition products for livestock primarily in the United States. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets products for a range of food animals, including poultry, swine, beef and dairy cattle, and aquaculture. Its animal health products also comprise antibacterials that are biological or chemical products used in the animal health industry to treat or to prevent bacterial diseases; anticoccidials primarily used to prevent and control the disease coccidiosis in poultry and cattle; anthelmintics to treat infestations of parasitic intestinal worms; and anti-bloat treatment products for cattle to control bloat in animals grazing on legume or wheat-pasture. In addition, the company offers nutritional specialty products, which enhance nutrition to help improve health and performance; and vaccines to prevent diseases primarily for the poultry and swine markets. Further, it manufactures and markets formulations and concentrations of trace minerals, such as zinc, manganese, copper, iron, and other compounds; and various specialty ingredients for use in the personal care, industrial chemical, and chemical catalyst industries. The company sells its animal health and mineral nutrition products through local sales offices to integrated poultry, swine, and cattle integrators, as well as through commercial animal feed manufacturers, wholesalers, and distributors. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was formerly known as Philipp Brothers Chemicals, Inc. and changed its name to Phibro Animal Health Corporation in July 2003. Phibro Animal Health Corporation was incorporated in 2014 and is headquartered in Teaneck, New Jersey.

Earnings Per Share

As for profitability, Phibro Animal Health Corporation has a trailing twelve months EPS of $0.33.

PE Ratio

Phibro Animal Health Corporation has a trailing twelve months price to earnings ratio of 54.58. Meaning, the purchaser of the share is investing $54.58 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 4.85%.

More news about Phibro Animal Health Corporation.

9. Sealed Air Corporation (SEE) – Dividend Yield: 2.42%

Sealed Air Corporation’s last close was $33.12, 19.49% under its 52-week high of $41.14. Intraday change was -6.86%.

Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides shrink films, bagging systems, foam, inflatable, and suspension and retention packaging solutions to protect goods to e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the SEALED AIR, BUBBLE WRAP, AUTOBAG, Instapak, and Korrvu brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, logistics partners, and e-commerce/fulfillment operations. The company was incorporated in 1960 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Sealed Air Corporation has a trailing twelve months EPS of $2.5.

PE Ratio

Sealed Air Corporation has a trailing twelve months price to earnings ratio of 13.25. Meaning, the purchaser of the share is investing $13.25 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 68.46%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.6%, now sitting on 5.43B for the twelve trailing months.

Moving Average

Sealed Air Corporation’s value is below its 50-day moving average of $36.41 and below its 200-day moving average of $35.25.

Volume

Today’s last reported volume for Sealed Air Corporation is 5133080 which is 270.2% above its average volume of 1386530.

More news about Sealed Air Corporation.

Leave a Reply

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