Devon Energy, Diamondback Energy, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Devon Energy (DVN), Diamondback Energy (FANG), First Guaranty Bancshares (FGBI) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Devon Energy (DVN) 9.22% 2023-07-21 13:41:40
Diamondback Energy (FANG) 6.52% 2023-07-21 13:54:19
First Guaranty Bancshares (FGBI) 5.58% 2023-07-06 11:47:08
Independent Bank Corporation (IBCP) 5.19% 2023-07-18 05:13:07
Invesco Quality Municipal Income Trust (IQI) 4.99% 2023-07-12 19:23:07
Golar LNG Limited (GLNG) 4.26% 2023-07-17 21:11:07
AllianceBernstein National Municipalome Fund (AFB) 3.68% 2023-07-10 07:49:09
Mid (MAA) 3.59% 2023-07-21 14:04:18
Cedar Fair, L.P. (FUN) 3.06% 2023-07-12 04:43:07

Close to 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. Devon Energy (DVN) – Dividend Yield: 9.22%

Devon Energy’s last close was $52.26, 33.7% under its 52-week high of $78.82. Intraday change was 1.82%.

Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Earnings Per Share

As for profitability, Devon Energy has a trailing twelve months EPS of $9.17.

PE Ratio

Devon Energy has a trailing twelve months price to earnings ratio of 5.71. Meaning, the purchaser of the share is investing $5.71 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 58.87%.

Sales Growth

Devon Energy’s sales growth is negative 31.6% for the present quarter and negative 21% for the next.

Volatility

Devon Energy’s last week, last month’s, and last quarter’s current intraday variation average was 1.26%, 0.27%, and 1.66%.

Devon Energy’s highest amplitude of average volatility was 1.26% (last week), 1.41% (last month), and 1.66% (last quarter).

Earnings Before Interest, Taxes, Depreciation, and Amortization

Devon Energy’s EBITDA is 19.67.

More news about Devon Energy.

2. Diamondback Energy (FANG) – Dividend Yield: 6.52%

Diamondback Energy’s last close was $141.24, 16.4% under its 52-week high of $168.95. Intraday change was 1.19%.

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns, operates, develops, and acquires midstream infrastructure assets, including 770 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Earnings Per Share

As for profitability, Diamondback Energy has a trailing twelve months EPS of $24.14.

PE Ratio

Diamondback Energy has a trailing twelve months price to earnings ratio of 5.87. Meaning, the purchaser of the share is investing $5.87 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 30.06%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 20.2%, now sitting on 8.62B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 9.09 and the estimated forward annual dividend yield is 6.52%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 38.2% and a negative 28.4%, respectively.

More news about Diamondback Energy.

3. First Guaranty Bancshares (FGBI) – Dividend Yield: 5.58%

First Guaranty Bancshares’s last close was $12.00, 54.32% under its 52-week high of $26.27. Intraday change was 0.67%.

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 34 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

Earnings Per Share

As for profitability, First Guaranty Bancshares has a trailing twelve months EPS of $2.2.

PE Ratio

First Guaranty Bancshares has a trailing twelve months price to earnings ratio of 5.49. Meaning, the purchaser of the share is investing $5.49 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%.

Sales Growth

First Guaranty Bancshares’s sales growth is negative 14.1% for the current quarter and negative 11.8% for the next.

More news about First Guaranty Bancshares.

4. Independent Bank Corporation (IBCP) – Dividend Yield: 5.19%

Independent Bank Corporation’s last close was $18.13, 27.39% under its 52-week high of $24.97. Intraday change was 2.37%.

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Earnings Per Share

As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.74.

PE Ratio

Independent Bank Corporation has a trailing twelve months price to earnings ratio of 6.62. Meaning, the purchaser of the share is investing $6.62 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 16.14%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 3.3% and a negative 24.7%, respectively.

Volatility

Independent Bank Corporation’s last week, last month’s, and last quarter’s current intraday variation average was 2.37%, 0.33%, and 2.17%.

Independent Bank Corporation’s highest amplitude of average volatility was 2.37% (last week), 1.65% (last month), and 2.17% (last quarter).

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 3, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 5.19%.

Yearly Top and Bottom Value

Independent Bank Corporation’s stock is valued at $18.13 at 03:15 EST, way under its 52-week high of $24.97 and way higher than its 52-week low of $14.90.

More news about Independent Bank Corporation.

5. Invesco Quality Municipal Income Trust (IQI) – Dividend Yield: 4.99%

Invesco Quality Municipal Income Trust’s last close was $9.68, 11.19% below its 52-week high of $10.90. Intraday change was 0.83%.

Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, and municipal commercial paper. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously known as Morgan Stanley Quality Municipal Income Trust. Invesco Quality Municipal Income Trust was formed on September 29, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Quality Municipal Income Trust has a trailing twelve months EPS of $-1.66.

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 -14.07%.

Volume

Today’s last reported volume for Invesco Quality Municipal Income Trust is 66271 which is 21.68% below its average volume of 84626.

Yearly Top and Bottom Value

Invesco Quality Municipal Income Trust’s stock is valued at $9.68 at 03:15 EST, way below its 52-week high of $10.90 and way higher than its 52-week low of $8.76.

Moving Average

Invesco Quality Municipal Income Trust’s worth is above its 50-day moving average of $9.47 and higher than its 200-day moving average of $9.55.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.9%, now sitting on 41.38M for the twelve trailing months.

More news about Invesco Quality Municipal Income Trust.

6. Golar LNG Limited (GLNG) – Dividend Yield: 4.26%

Golar LNG Limited’s last close was $23.52, 23.29% below its 52-week high of $30.66. Intraday change was 0.3%.

Golar LNG Limited designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. It operates through Shipping and FLNG segments. The company engages in the operation and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels. As of December 31, 2021, it operated nine LNG carriers, one FSRU, and three FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Golar LNG Limited has a trailing twelve months EPS of $1.9.

PE Ratio

Golar LNG Limited has a trailing twelve months price to earnings ratio of 12.38. Meaning, the purchaser of the share is investing $12.38 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 11.86%.

More news about Golar LNG Limited.

7. AllianceBernstein National Municipalome Fund (AFB) – Dividend Yield: 3.68%

AllianceBernstein National Municipalome Fund’s last close was $10.65, 14.6% below its 52-week high of $12.47. Intraday change was -0.09%.

AllianceBernstein National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax. The fund seeks to invest in bonds rated Baa/BBB or higher. It employs both quantitative and fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as Alliance National Municipal Income Fund Inc. AllianceBernstein National Municipal Income Fund was formed on November 9, 2001 and is domiciled in the United States.

Earnings Per Share

As for profitability, AllianceBernstein National Municipalome Fund has a trailing twelve months EPS of $-0.1.

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 -0.84%.

Volume

Today’s last reported volume for AllianceBernstein National Municipalome Fund is 62300 which is 14.67% below its average volume of 73016.

Moving Average

AllianceBernstein National Municipalome Fund’s worth is above its 50-day moving average of $10.56 and above its 200-day moving average of $10.60.

Yearly Top and Bottom Value

AllianceBernstein National Municipalome Fund’s stock is valued at $10.65 at 03:15 EST, way below its 52-week high of $12.47 and above its 52-week low of $9.97.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.7%, now sitting on 24.32M for the twelve trailing months.

More news about AllianceBernstein National Municipalome Fund.

8. Mid (MAA) – Dividend Yield: 3.59%

Mid’s last close was $154.77, 18.61% below its 52-week high of $190.17. Intraday change was 0.87%.

MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of March 31, 2023, MAA had ownership interest in 101,986 apartment units, including communities currently in development, across 16 states and the District of Columbia.

Earnings Per Share

As for profitability, Mid has a trailing twelve months EPS of $5.72.

PE Ratio

Mid has a trailing twelve months price to earnings ratio of 27.09. Meaning, the purchaser of the share is investing $27.09 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 10.91%.

More news about Mid.

9. Cedar Fair, L.P. (FUN) – Dividend Yield: 3.06%

Cedar Fair, L.P.’s last close was $38.15, 20.44% below its 52-week high of $47.95. Intraday change was -2.05%.

Cedar Fair, L.P. owns and operates amusement and water parks, and complementary resort facilities in the United States and Canada. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm near Los Angeles, California; Canada's Wonderland near Toronto, Ontario; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Kings Dominion situated near Richmond, Virginia; California's Great America located in Santa Clara, California; Dorney Park in Pennsylvania; Worlds of Fun located in Kansas City, Missouri; Valleyfair situated near Minneapolis/St. Paul, Minnesota; Michigan's Adventure situated near Muskegon, Michigan; Schlitterbahn Waterpark & Resort New Braunfels in New Braunfels, Texas; and Schlitterbahn Waterpark Galveston in Galveston, Texas. The company also owns and operates the Castaway Bay Indoor Waterpark Resort, Hotel Breakers, Cedar Point's Express Hotel, and Sawmill Creek Resort. As of December 31, 2021, the company operated 13 amusement parks. The company was founded in 1983 and is headquartered in Sandusky, Ohio.

Earnings Per Share

As for profitability, Cedar Fair, L.P. has a trailing twelve months EPS of $4.4.

PE Ratio

Cedar Fair, L.P. has a trailing twelve months price to earnings ratio of 8.67. Meaning, the purchaser of the share is investing $8.67 for every dollar of annual earnings.

More news about Cedar Fair, L.P..

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