Chimera Investment Corporation, Edison International, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Chimera Investment Corporation (CIM), Edison International (EIX), Dreyfus Municipal Bond Infrastructure Fund (DMB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Chimera Investment Corporation (CIM) 10.71% 2024-04-21 15:09:05
Edison International (EIX) 4.45% 2024-04-28 03:18:30
Dreyfus Municipal Bond Infrastructure Fund (DMB) 3.6% 2024-04-21 23:47:05
Consolidated Edison (ED) 3.57% 2024-04-28 03:18:26

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. Chimera Investment Corporation (CIM) – Dividend Yield: 10.71%

Chimera Investment Corporation’s last close was $4.11, 36.67% below its 52-week high of $6.49. Intraday change was 2.24%.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2007 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Chimera Investment Corporation has a trailing twelve months EPS of $0.23.

PE Ratio

Chimera Investment Corporation has a trailing twelve months price to earnings ratio of 17.87. Meaning, the purchaser of the share is investing $17.87 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 4.83%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 5, 2024, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 10.71%.

Volume

Today’s last reported volume for Chimera Investment Corporation is 1360310 which is 29.2% below its average volume of 1921530.

Moving Average

Chimera Investment Corporation’s worth is under its 50-day moving average of $4.38 and way under its 200-day moving average of $5.10.

More news about Chimera Investment Corporation.

2. Edison International (EIX) – Dividend Yield: 4.45%

Edison International’s last close was $71.06, 5.15% below its 52-week high of $74.92. Intraday change was -0.31%.

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 distribution substations. The company was founded in 1886 and is based in Rosemead, California.

Earnings Per Share

As for profitability, Edison International has a trailing twelve months EPS of $3.11.

PE Ratio

Edison International has a trailing twelve months price to earnings ratio of 22.07. Meaning, the purchaser of the share is investing $22.07 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 6.75%.

More news about Edison International.

3. Dreyfus Municipal Bond Infrastructure Fund (DMB) – Dividend Yield: 3.6%

Dreyfus Municipal Bond Infrastructure Fund’s last close was $9.99, 15.27% under its 52-week high of $11.79. Intraday change was 0%.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities. The fund invests its bonds issued by infrastructure sector including transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors which are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody's with an effective duration of up to 14 years. It employs fundamental and quantitative analysis with a bottom-up security picking approach by focusing on factors such as the relative value and attractiveness of various sectors and securities to seek to exploit pricing inefficiencies in the municipal bond market, actively trading among various sectors based on their apparent values, general economic and monetary conditions, prevailing interest rates and the condition of the general money market and the municipal bond market, the size of a particular offering, the maturity of the obligation, and the rating of the issue to create its portfolio. The fund was formerly known as Dreyfus Municipal Bond Infrastructure Fund, Inc. BNY Mellon Municipal Bond Infrastructure Fund, Inc. was formed on April 25, 2013 and is domiciled in the United States.

Earnings Per Share

As for profitability, Dreyfus Municipal Bond Infrastructure Fund has a trailing twelve months EPS of $-0.24.

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 -1.52%.

Moving Average

Dreyfus Municipal Bond Infrastructure Fund’s value is below its 50-day moving average of $10.27 and below its 200-day moving average of $10.27.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.6%, now sitting on 15.33M for the twelve trailing months.

More news about Dreyfus Municipal Bond Infrastructure Fund.

4. Consolidated Edison (ED) – Dividend Yield: 3.57%

Consolidated Edison’s last close was $94.40, 6.01% under its 52-week high of $100.44. Intraday change was 0.09%.

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.2 million customers in southeastern New York. In addition, it operates 545 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 90,051 in-service line transformers; 3,788 pole miles of overhead distribution lines; and 2,314 miles of underground distribution lines, as well as 4,363 miles of mains and 380,870 service lines for natural gas distribution. Further, the company invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.

Earnings Per Share

As for profitability, Consolidated Edison has a trailing twelve months EPS of $7.21.

PE Ratio

Consolidated Edison has a trailing twelve months price to earnings ratio of 12.29. Meaning, the purchaser of the share is investing $12.29 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 11.97%.

Sales Growth

Consolidated Edison’s sales growth is negative 0.1% for the current quarter and 7.1% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 14.6%, now sitting on 14.66B for the twelve trailing months.

Volume

Today’s last reported volume for Consolidated Edison is 1057010 which is 39.45% below its average volume of 1745940.

More news about Consolidated Edison.

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