DNP Select Income Fund, United Bankshares, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – DNP Select Income Fund (DNP), United Bankshares (UBSI), CNB Financial Corporation (CCNE) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
DNP Select Income Fund (DNP) 7.72% 2023-06-24 10:07:14
United Bankshares (UBSI) 4.87% 2023-07-03 21:08:09
CNB Financial Corporation (CCNE) 3.98% 2023-06-29 13:17:08
Cullen/Frost Bankers (CFR) 3.31% 2023-06-23 23:12:08
Genuine Parts Company (GPC) 2.3% 2023-07-10 12:46:28

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. DNP Select Income Fund (DNP) – Dividend Yield: 7.72%

DNP Select Income Fund’s last close was $10.12, 14.53% below its 52-week high of $11.84. Intraday change was 0.2%.

DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds. It seeks to invest in stocks of companies operating in the Utility sector. The fund invests in stocks of companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P 500 Utilities Index and Barclays Capital U.S. Utility Bond Index. DNP Select Income Fund Inc. was formed on November 26, 1986 and is domiciled in the United States.

Earnings Per Share

As for profitability, DNP Select Income Fund has a trailing twelve months EPS of $-0.01.

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 -0.69%.

Volume

Today’s last reported volume for DNP Select Income Fund is 465063 which is 11.09% below its average volume of 523114.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 0.78 and the estimated forward annual dividend yield is 7.72%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 0.6%, now sitting on 133.43M for the twelve trailing months.

More news about DNP Select Income Fund.

2. United Bankshares (UBSI) – Dividend Yield: 4.87%

United Bankshares’s last close was $30.28, 31.42% under its 52-week high of $44.15. Intraday change was 2.06%.

United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, credit card, commercial, and floor plan loans; and credit card and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. As of January 28, 2021, the company operated 230 offices in West Virginia, Virginia, Ohio, Pennsylvania, Maryland, North Carolina, South Carolina, Georgia, and Washington, D.C. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.

Earnings Per Share

As for profitability, United Bankshares has a trailing twelve months EPS of $2.97.

PE Ratio

United Bankshares has a trailing twelve months price to earnings ratio of 10.2. Meaning, the purchaser of the share is investing $10.2 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 8.61%.

More news about United Bankshares.

3. CNB Financial Corporation (CCNE) – Dividend Yield: 3.98%

CNB Financial Corporation’s last close was $17.90, 37.19% under its 52-week high of $28.50. Intraday change was 1.51%.

CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services. It also provides wealth and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services. In addition, the company invests in debt and equity securities; sells nonproprietary annuities and other insurance products; and small balance unsecured loans and secured loans primarily collateralized by automobiles and equipment. As of February 8, 2022, the company operated a private banking division; three loan production office; one drive-up office; and 45 full-service offices in Pennsylvania, Ohio, New York, and Virginia. CNB Financial Corporation was founded in 1865 and is headquartered in Clearfield, Pennsylvania.

Earnings Per Share

As for profitability, CNB Financial Corporation has a trailing twelve months EPS of $3.15.

PE Ratio

CNB Financial Corporation has a trailing twelve months price to earnings ratio of 5.77. Meaning, the purchaser of the share is investing $5.77 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 13.25%.

More news about CNB Financial Corporation.

4. Cullen/Frost Bankers (CFR) – Dividend Yield: 3.31%

Cullen/Frost Bankers’s last close was $103.57, 35.51% below its 52-week high of $160.60. Intraday change was -1.58%.

Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that offers commercial and consumer banking services in Texas. It operates in two segments, Banking and Frost Wealth Advisors. The company offers commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds, and foreign exchange services. Further, it acts as a correspondent for approximately 176 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and supports international business activities. Additionally, the company offers insurance and securities brokerage services; holds securities for investment purposes; and provides loans to qualified borrowers, as well as investment management services to Frost-managed mutual funds, institutions, and individuals. It operates approximately 155 financial centers and 1,200 ATMs. The company serves energy, manufacturing, services, construction, retail, telecommunications, health care, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.

Earnings Per Share

As for profitability, Cullen/Frost Bankers has a trailing twelve months EPS of $10.01.

PE Ratio

Cullen/Frost Bankers has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing $10.35 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 18.16%.

Yearly Top and Bottom Value

Cullen/Frost Bankers’s stock is valued at $103.57 at 03:15 EST, way under its 52-week high of $160.60 and way higher than its 52-week low of $92.55.

Sales Growth

Cullen/Frost Bankers’s sales growth is 23% for the current quarter and 14.6% for the next.

More news about Cullen/Frost Bankers.

5. Genuine Parts Company (GPC) – Dividend Yield: 2.3%

Genuine Parts Company’s last close was $166.88, 11.11% under its 52-week high of $187.73. Intraday change was 1.06%.

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates through Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and accessory and supply items used by various automotive aftermarket customers, such as repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals. It also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation and robotics, hoses, hydraulic and pneumatic components, industrial and safety supplies, and material handling products for original equipment manufacturer, as well as maintenance, repair, and operation customers in equipment and machinery, food and beverage, forest product, primary metal, pulp and paper, mining, automotive, oil and gas, petrochemical, pharmaceutical, power generation, alternative energy, government, transportation, ports, and other industries. In addition, the company provides various services and repairs comprising gearbox and fluid power and process pump assembly and repair, hydraulic drive shaft repair, electrical panel assembly and repair, hose and gasket manufacture and assembly. It operates in the United States, Canada, France, the United Kingdom, Ireland, Germany, Poland, the Netherlands, Belgium, Spain, Portugal, Australia, New Zealand, Mexico, Indonesia, and Singapore. Genuine Parts Company was incorporated in 1928 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Genuine Parts Company has a trailing twelve months EPS of $8.73.

PE Ratio

Genuine Parts Company has a trailing twelve months price to earnings ratio of 19.15. Meaning, the purchaser of the share is investing $19.15 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 32.88%.

Moving Average

Genuine Parts Company’s value is higher than its 50-day moving average of $163.19 and under its 200-day moving average of $167.93.

More news about Genuine Parts Company.

Leave a Reply

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