Ecopetrol S.A., Dreyfus Strategic Municipals, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ecopetrol S.A. (EC), Dreyfus Strategic Municipals (LEO), Paychex (PAYX) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Ecopetrol S.A. (EC) 35.56% 2023-06-23 09:06:24
Dreyfus Strategic Municipals (LEO) 4.51% 2023-06-08 03:14:07
Paychex (PAYX) 3.14% 2023-06-21 13:36:05
Sonic Automotive (SAH) 2.6% 2023-06-09 15:14:08

A little less 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. Ecopetrol S.A. (EC) – Dividend Yield: 35.56%

Ecopetrol S.A.’s last close was $10.48, 40.45% below its 52-week high of $17.60. Intraday change was -1.43%.

Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2022, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, and South America. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is headquartered in Bogotá, Colombia.

Earnings Per Share

As for profitability, Ecopetrol S.A. has a trailing twelve months EPS of $3.54.

PE Ratio

Ecopetrol S.A. has a trailing twelve months price to earnings ratio of 2.92. Meaning, the purchaser of the share is investing $2.92 for every dollar of annual earnings.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 26.3% and a negative 59.2%, respectively.

More news about Ecopetrol S.A..

2. Dreyfus Strategic Municipals (LEO) – Dividend Yield: 4.51%

Dreyfus Strategic Municipals’s last close was $6.09, 13.98% below its 52-week high of $7.08. Intraday change was -0.49%.

BNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Strategic Municipals, Inc. BNY Mellon Strategic Municipals, Inc. was formed on September 23, 1987 and is domiciled in the United States.

Earnings Per Share

As for profitability, Dreyfus Strategic Municipals has a trailing twelve months EPS of $-0.53.

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 -20.23%.

Volume

Today’s last reported volume for Dreyfus Strategic Municipals is 74907 which is 40.18% below its average volume of 125226.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 30.18M for the twelve trailing months.

More news about Dreyfus Strategic Municipals.

3. Paychex (PAYX) – Dividend Yield: 3.14%

Paychex’s last close was $111.27, 20.22% below its 52-week high of $139.47. Intraday change was 1.02%.

Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

Earnings Per Share

As for profitability, Paychex has a trailing twelve months EPS of $4.15.

PE Ratio

Paychex has a trailing twelve months price to earnings ratio of 27.32. Meaning, the purchaser of the share is investing $27.32 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 44.96%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Paychex’s EBITDA is 64.41.

Sales Growth

Paychex’s sales growth is 6.8% for the current quarter and 7.9% for the next.

Yearly Top and Bottom Value

Paychex’s stock is valued at $113.38 at 10:15 EST, way under its 52-week high of $139.47 and higher than its 52-week low of $104.09.

More news about Paychex.

4. Sonic Automotive (SAH) – Dividend Yield: 2.6%

Sonic Automotive’s last close was $46.69, 25.01% under its 52-week high of $62.26. Intraday change was -1.99%.

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. Sonic Automotive, Inc. was incorporated in 1997 and is based in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Sonic Automotive has a trailing twelve months EPS of $1.19.

PE Ratio

Sonic Automotive has a trailing twelve months price to earnings ratio of 38.45. Meaning, the purchaser of the share is investing $38.45 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 3.91%.

More news about Sonic Automotive.

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