Ellington Financial LLC, Caesarstone Ltd., Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ellington Financial LLC (EFC), Caesarstone Ltd. (CSTE), Verizon (VZ) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Ellington Financial LLC (EFC) 14.38% 2023-05-02 05:15:11
Caesarstone Ltd. (CSTE) 9.54% 2023-04-20 01:41:08
Verizon (VZ) 6.72% 2023-05-02 13:46:25
PIMCO California Municipal Income Fund III (PZC) 4.5% 2023-04-17 04:17:07
Consolidated Edison (ED) 3.59% 2023-05-02 14:55:01
Phibro Animal Health Corporation (PAHC) 3.02% 2023-04-22 19:43:07

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. Ellington Financial LLC (EFC) – Dividend Yield: 14.38%

Ellington Financial LLC’s last close was $12.52, 25.83% below its 52-week high of $16.88. Intraday change was -1.96%.

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; commercial mortgage loans and other commercial real estate debt; and residential mortgage loans. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; equity investments in mortgage originators; and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was founded in 2007 and is based in Old Greenwich, Connecticut.

Earnings Per Share

As for profitability, Ellington Financial LLC has a trailing twelve months EPS of $-1.43.

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 -5.57%.

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2. Caesarstone Ltd. (CSTE) – Dividend Yield: 9.54%

Caesarstone Ltd.’s last close was $3.56, 66.76% below its 52-week high of $10.71. Intraday change was -3.26%.

Caesarstone Ltd., together with its subsidiaries, develops, manufactures, and markets engineered quartz surfaces under the Caesarstone brand in the United States, Australia, Canada, Latin America, Asia, Israel, Europe, the Middle East, and Africa. The company's engineered quartz slabs are primarily used as kitchen countertops in the renovation and remodeling construction end markets, as well as in new buildings construction market. Its products are also used in other applications, such as vanity tops, wall panels, back splashes, floor tiles, stairs, furniture, and other interior and exterior surfaces that are used in various residential and non-residential applications. The company also offers porcelain products under the Lioli brand for flooring and cladding applications, as well as resells natural stones, and fabrication and installation accessories. It sells its products directly to fabricators, sub-distributors, and resellers; and indirectly through a network of independent distributors. The company was formerly known as Caesarstone Sdot Yam Ltd. and changed its name to Caesarstone Ltd. in June 2016. Caesarstone Ltd. was founded in 1987 and is headquartered in MP Menashe, Israel.

Earnings Per Share

As for profitability, Caesarstone Ltd. 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 -12.11%.

Yearly Top and Bottom Value

Caesarstone Ltd.’s stock is valued at $3.56 at 20:15 EST, way under its 52-week high of $10.71 and above its 52-week low of $3.53.

Volume

Today’s last reported volume for Caesarstone Ltd. is 105202 which is 11.45% below its average volume of 118811.

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3. Verizon (VZ) – Dividend Yield: 6.72%

Verizon’s last close was $38.71, 25.81% under its 52-week high of $52.18. Intraday change was -2.67%.

Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Verizon has a trailing twelve months EPS of $5.14.

PE Ratio

Verizon has a trailing twelve months price to earnings ratio of 7.33. Meaning, the purchaser of the share is investing $7.33 for every dollar of annual earnings.

More news about Verizon.

4. PIMCO California Municipal Income Fund III (PZC) – Dividend Yield: 4.5%

PIMCO California Municipal Income Fund III’s last close was $7.87, 12.65% below its 52-week high of $9.01. Intraday change was 0.51%.

PIMCO California Municipal Income Fund III is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors. Its investment portfolio include California municipal bonds, and other municipal bonds and notes; California variable rate notes and other variable rate notes; California variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO California Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States.

Earnings Per Share

As for profitability, PIMCO California Municipal Income Fund III has a trailing twelve months EPS of $-2.04.

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 -14.65%.

More news about PIMCO California Municipal Income Fund III.

5. Consolidated Edison (ED) – Dividend Yield: 3.59%

Consolidated Edison’s last close was $99.11, 3.03% below its 52-week high of $102.21. Intraday change was -0.29%.

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 3.6 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 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as 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 $4.66.

PE Ratio

Consolidated Edison has a trailing twelve months price to earnings ratio of 21.21. Meaning, the purchaser of the share is investing $21.21 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 7.8%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.3%, now sitting on 15.05B for the twelve trailing months.

Yearly Top and Bottom Value

Consolidated Edison’s stock is valued at $98.82 at 20:15 EST, below its 52-week high of $102.21 and way higher than its 52-week low of $78.10.

More news about Consolidated Edison.

6. Phibro Animal Health Corporation (PAHC) – Dividend Yield: 3.02%

Phibro Animal Health Corporation’s last close was $15.89, 22.64% below its 52-week high of $20.54. Intraday change was 1.79%.

Phibro Animal Health Corporation develops, manufactures, and supplies a range of animal health and mineral nutrition products for livestock primarily in the United States. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets products for a range of food animals, including poultry, swine, beef and dairy cattle, and aquaculture. Its animal health products also comprise antibacterials that are biological or chemical products used in the animal health industry to treat or to prevent bacterial diseases; anticoccidials primarily used to prevent and control the disease coccidiosis in poultry and cattle; anthelmintics to treat infestations of parasitic intestinal worms; and anti-bloat treatment products for cattle to control bloat in animals grazing on legume or wheat-pasture. In addition, the company offers nutritional specialty products, which enhance nutrition to help improve health and performance; and vaccines to prevent diseases primarily for the poultry and swine markets. Further, it manufactures and markets formulations and concentrations of trace minerals, such as zinc, manganese, copper, iron, and other compounds; and various specialty ingredients for use in the personal care, industrial chemical, and chemical catalyst industries. The company sells its animal health and mineral nutrition products through local sales offices to integrated poultry, swine, and cattle integrators, as well as through commercial animal feed manufacturers, wholesalers, and distributors. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was formerly known as Philipp Brothers Chemicals, Inc. and changed its name to Phibro Animal Health Corporation in July 2003. Phibro Animal Health Corporation was incorporated in 2014 and is headquartered in Teaneck, New Jersey.

Earnings Per Share

As for profitability, Phibro Animal Health Corporation has a trailing twelve months EPS of $0.89.

PE Ratio

Phibro Animal Health Corporation has a trailing twelve months price to earnings ratio of 17.85. Meaning, the purchaser of the share is investing $17.85 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 14.28%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 3.02%.

Sales Growth

Phibro Animal Health Corporation’s sales growth is 3.3% for the ongoing quarter and 1.6% for the next.

More news about Phibro Animal Health Corporation.

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