Ecopetrol S.A., Pioneer High Income Trust, Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ecopetrol S.A. (EC), Pioneer High Income Trust (PHT), Guggenheim Build America Bonds Managed Duration Trust (GBAB) have the highest dividend yield stocks on this list.

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. Ecopetrol S.A. (EC) – Dividend Yield: 31.08%

Ecopetrol S.A.’s last close was $10.75, 12.96% under its 52-week high of $12.35. Intraday change was 1.81%.

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 $3.72.

PE Ratio

Ecopetrol S.A. has a trailing twelve months price to earnings ratio of 2.94. Meaning, the purchaser of the share is investing $2.94 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 36.9%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 25, 2023, the estimated forward annual dividend rate is 3.31 and the estimated forward annual dividend yield is 31.08%.

Volume

Today’s last reported volume for Ecopetrol S.A. is 777878 which is 59.11% below its average volume of 1902640.

Sales Growth

Ecopetrol S.A.’s sales growth is negative 22.3% for the current quarter and negative 23% for the next.

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2. Pioneer High Income Trust (PHT) – Dividend Yield: 10.21%

Pioneer High Income Trust’s last close was $6.85, 9.03% under its 52-week high of $7.53. Intraday change was 0.29%.

Pioneer High Income Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities. It seeks to invest in bonds that are rated BBB- or lower by Standard and Poor's or a similar national rating service. The fund benchmarks the performance of its portfolio against the Bank of America Merrill Lynch High Yield Master II Index. Pioneer High Income Trust was formed on April 25, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pioneer High Income Trust has a trailing twelve months EPS of $-0.61.

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 -7.32%.

Moving Average

Pioneer High Income Trust’s worth is higher than its 50-day moving average of $6.69 and higher than its 200-day moving average of $6.71.

Yearly Top and Bottom Value

Pioneer High Income Trust’s stock is valued at $6.85 at 17:15 EST, under its 52-week high of $7.53 and higher than its 52-week low of $6.23.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Pioneer High Income Trust’s stock is considered to be oversold (<=20).

Volatility

Pioneer High Income Trust’s last week, last month’s, and last quarter’s current intraday variation average was 0.67%, 0.10%, and 0.55%.

Pioneer High Income Trust’s highest amplitude of average volatility was 0.67% (last week), 0.48% (last month), and 0.55% (last quarter).

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3. Guggenheim Build America Bonds Managed Duration Trust (GBAB) – Dividend Yield: 9.41%

Guggenheim Build America Bonds Managed Duration Trust’s last close was $16.28, 14.99% under its 52-week high of $19.15. Intraday change was 0.93%.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of taxable municipal securities known as Build America Bonds. It was formerly known as Guggenheim Taxable Municipal Managed Duration Trust. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust was formed on October 26, 2010 and is domiciled in United States.

Earnings Per Share

As for profitability, Guggenheim Build America Bonds Managed Duration Trust has a trailing twelve months EPS of $-5.38.

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4. MFS Charter Income Trust (MCR) – Dividend Yield: 8.8%

MFS Charter Income Trust’s last close was $6.21, 12.41% under its 52-week high of $7.09. Intraday change was 0.81%.

MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S. or foreign issuers, or debt instruments of issuers located in emerging market countries. The fund employs a combination of fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmarks the performance of its portfolio against a combination of the Barclays U.S. High-Yield Corporate Bond 2% Issuer Capped Index, MFS Charter Income Trust Blended Index, Barclays U.S. Credit Bond Index, Barclays U.S. Government/Mortgage Bond Index, Citigroup World Government Bond Non-Dollar Hedged Index, and JPMorgan Emerging Markets Bond Index Global. MFS Charter Income Trust was formed on July 20, 1989 and is domiciled in the United States.

Earnings Per Share

As for profitability, MFS Charter Income Trust has a trailing twelve months EPS of $-0.87.

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 -11.61%.

Moving Average

MFS Charter Income Trust’s worth is higher than its 50-day moving average of $6.17 and under its 200-day moving average of $6.34.

Yearly Top and Bottom Value

MFS Charter Income Trust’s stock is valued at $6.21 at 17:15 EST, way below its 52-week high of $7.09 and higher than its 52-week low of $5.81.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.4%, now sitting on 19.29M for the twelve trailing months.

Volume

Today’s last reported volume for MFS Charter Income Trust is 84077 which is 20.84% above its average volume of 69577.

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5. TransCanada (TRP) – Dividend Yield: 7.18%

TransCanada’s last close was $38.51, 30.61% below its 52-week high of $55.50. Intraday change was -0.45%.

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,700 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, and Texas. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

Earnings Per Share

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

PE Ratio

TransCanada has a trailing twelve months price to earnings ratio of 32.21. Meaning, the purchaser of the share is investing $32.21 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 5.11%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TransCanada’s EBITDA is 36.53.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 2.81 and the estimated forward annual dividend yield is 7.18%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TransCanada’s stock is considered to be overbought (>=80).

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6. Xerox Corporation (XRX) – Dividend Yield: 6.4%

Xerox Corporation’s last close was $15.72, 18.97% under its 52-week high of $19.40. Intraday change was 0.92%.

Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the Americas, Europe, the Middle East, Africa, India, and internationally. It offers workplace solutions, including desktop monochrome, and color and multifunction printers; digital printing presses and light production devices, and solutions; and digital services that leverage workflow automation, personalization and communication software, content management solutions, and digitization services. The company also provides graphic communications and production solutions; and IT services, end user computing devices, network infrastructure, communications technology, and a range of managed IT solutions, such as technology product support, professional engineering, and commercial robotic process automation; and provides finance for the sale of Xerox, non-Xerox office, and IT services equipment. In addition, it provides FreeFlow a portfolio of software solutions for the automation and integration to the processing of print job comprises file preparation, final production, and electronic publishing. Further, the company sells paper products and wide-format systems, licensing, as well as standalone software such as CareAR, DocuShare, and XMPie. The company sells its products and services directly to its customers through its direct sales force, as well as through independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. Xerox Holdings Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

Earnings Per Share

As for profitability, Xerox Corporation has a trailing twelve months EPS of $-1.3.

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 -4.79%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 7.15B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Xerox Corporation’s stock is considered to be overbought (>=80).

Sales Growth

Xerox Corporation’s sales growth is 0.6% for the ongoing quarter and negative 1.7% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 130.8% and 68.4%, respectively.

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7. 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8%, now sitting on 1.05B for the twelve trailing months.

Moving Average

United Bankshares’s worth is below its 50-day moving average of $30.78 and way below its 200-day moving average of $37.08.

Yearly Top and Bottom Value

United Bankshares’s stock is valued at $30.28 at 17:15 EST, way under its 52-week high of $44.15 and higher than its 52-week low of $27.68.

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8. Greenhill & Co. (GHL) – Dividend Yield: 2.73%

Greenhill & Co.’s last close was $14.74, 1.54% below its 52-week high of $14.97. Intraday change was 0.34%.

Greenhill & Co., Inc., an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutional investors, and governments worldwide. The company offers advisory services related to mergers and acquisitions, divestitures, restructurings, financings, private capital raising, and other similar transactions. It also advises clients on strategic matters, including activist shareholder defense, special committee projects, licensing deals, and joint ventures; and valuation, negotiation tactics, industry dynamics, structuring alternatives, and timing and pricing of transactions, as well as financing alternatives. In addition, the company provides restructuring advisory services to debtors, creditors, governments, and other stakeholders, and acquirers of distressed companies and assets; and advice on restructuring alternatives, capital structures, and sales or recapitalizations. Further, it assists clients in identifying and capitalizing on incremental sources of value; and on court-assisted reorganizations by developing and seeking approval for plans of reorganization, as well as the implementation of such plans. Additionally, the company advises on private placements of debt and structured equity, refinancing of existing debt facilities, negotiating the modification, and amendment of covenants, as well as acts as an independent advisor. It also offers financial advisory services to pension funds, endowments, and other institutional investors on transactions involving alternative assets; and advice to alternative asset fund sponsors for private capital raising, financing, restructuring, liquidity options, valuation, and related services. The company was founded in 1996 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Greenhill & Co. has a trailing twelve months EPS of $-0.46.

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 -11.94%.

Volume

Today’s last reported volume for Greenhill & Co. is 114119 which is 57.12% below its average volume of 266180.

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9. Artesian Resources Corporation (ARTNA) – Dividend Yield: 2.36%

Artesian Resources Corporation’s last close was $48.20, 23.49% below its 52-week high of $63.00. Intraday change was -0.9%.

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Earnings Per Share

As for profitability, Artesian Resources Corporation has a trailing twelve months EPS of $1.81.

PE Ratio

Artesian Resources Corporation has a trailing twelve months price to earnings ratio of 26.63. Meaning, the purchaser of the share is investing $26.63 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 9.32%.

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10. Patrick Industries (PATK) – Dividend Yield: 2.28%

Patrick Industries’s last close was $80.00, 1.83% under its 52-week high of $81.49. Intraday change was 0.73%.

Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.

Earnings Per Share

As for profitability, Patrick Industries has a trailing twelve months EPS of $10.23.

PE Ratio

Patrick Industries has a trailing twelve months price to earnings ratio of 7.82. Meaning, the purchaser of the share is investing $7.82 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 27.76%.

Volume

Today’s last reported volume for Patrick Industries is 74846 which is 48.57% below its average volume of 145535.

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