Fidus Investment Corporation, Magellan Midstream Partners L.P. Limited Partnership, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Fidus Investment Corporation (FDUS), Magellan Midstream Partners L.P. Limited Partnership (MMP), GlaxoSmithKline (GSK) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Fidus Investment Corporation (FDUS) 10.1% 2023-07-17 13:08:09
Magellan Midstream Partners L.P. Limited Partnership (MMP) 6.55% 2023-07-13 11:06:08
GlaxoSmithKline (GSK) 3.9% 2023-07-24 13:41:14
Westamerica Bancorporation (WABC) 3.72% 2023-07-21 10:41:08
OFG Bancorp (OFG) 3.12% 2023-07-13 23:49:09
CNO Financial Group (CNO) 2.54% 2023-07-11 07:10:08
Sonic Automotive (SAH) 2.25% 2023-07-14 15:14:08

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. Fidus Investment Corporation (FDUS) – Dividend Yield: 10.1%

Fidus Investment Corporation’s last close was $20.10, 5.41% under its 52-week high of $21.25. Intraday change was 1.19%.

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.

Earnings Per Share

As for profitability, Fidus Investment Corporation has a trailing twelve months EPS of $1.6.

PE Ratio

Fidus Investment Corporation has a trailing twelve months price to earnings ratio of 12.71. Meaning, the purchaser of the share is investing $12.71 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 8.16%.

Yearly Top and Bottom Value

Fidus Investment Corporation’s stock is valued at $20.34 at 10:15 EST, under its 52-week high of $21.25 and way above its 52-week low of $16.70.

Volume

Today’s last reported volume for Fidus Investment Corporation is 49955 which is 31.97% below its average volume of 73439.

Revenue Growth

Year-on-year quarterly revenue growth grew by 41.6%, now sitting on 102.67M for the twelve trailing months.

Sales Growth

Fidus Investment Corporation’s sales growth is 38.9% for the ongoing quarter and 18.2% for the next.

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2. Magellan Midstream Partners L.P. Limited Partnership (MMP) – Dividend Yield: 6.55%

Magellan Midstream Partners L.P. Limited Partnership’s last close was $64.00, 0.91% below its 52-week high of $64.59. Intraday change was 0.75%.

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates through Refined Products, Crude Oil, and Marine Storage segments. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent refiners and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, bio-fuel producers, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. The company also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners, marketers, traders, and other end users of petroleum products. As of December 31, 2019, it had 9,800-mile refined products pipeline system with 53 terminals, as well as 25 independent terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 35 million barrels; and 6 marine terminals with an aggregate storage capacity of approximately 31 million barrels. Magellan Midstream Partners, L.P. was founded in 2000 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months EPS of $4.68.

PE Ratio

Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months price to earnings ratio of 13.78. Meaning, the purchaser of the share is investing $13.78 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 55.74%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 28.9%, now sitting on 3.4B for the twelve trailing months.

Sales Growth

Magellan Midstream Partners L.P. Limited Partnership’s sales growth is 8.4% for the present quarter and 14.4% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 4, 2023, the estimated forward annual dividend rate is 4.19 and the estimated forward annual dividend yield is 6.55%.

More news about Magellan Midstream Partners L.P. Limited Partnership.

3. GlaxoSmithKline (GSK) – Dividend Yield: 3.9%

GlaxoSmithKline’s last close was $35.73, 18.24% below its 52-week high of $43.70. Intraday change was 0.01%.

GSK plc, together with its subsidiaries, engages in the research, development and manufacture of vaccines and specialty medicines to prevent and treat disease in the United Kingdom, the United States, and internationally. It operates through four segments: Pharmaceuticals, Pharmaceuticals R&D, Vaccines, and Consumer Healthcare. The company offers pharmaceutical products comprising medicines in the therapeutic areas, such as infectious disease, HIV, immunology and respiratory, and oncology. The company was formerly known as GlaxoSmithKline plc and changed its name to GSK plc in May 2022. GSK plc was founded in 1715 and is based in Brentford, the United Kingdom.

Earnings Per Share

As for profitability, GlaxoSmithKline has a trailing twelve months EPS of $2.81.

PE Ratio

GlaxoSmithKline has a trailing twelve months price to earnings ratio of 12.72. Meaning, the purchaser of the share is investing $12.72 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 28.17%.

Stock Price Classification

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

Volatility

GlaxoSmithKline’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.66%, a negative 0.08%, and a positive 0.92%.

GlaxoSmithKline’s highest amplitude of average volatility was 0.69% (last week), 0.77% (last month), and 0.92% (last quarter).

More news about GlaxoSmithKline.

4. Westamerica Bancorporation (WABC) – Dividend Yield: 3.72%

Westamerica Bancorporation’s last close was $45.93, 28.08% below its 52-week high of $63.86. Intraday change was -0.14%.

Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as other loans primarily consisting of indirect automobile loans. Westamerica Bancorporation operates through 79 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1972 and is headquartered in San Rafael, California.

Earnings Per Share

As for profitability, Westamerica Bancorporation has a trailing twelve months EPS of $5.29.

PE Ratio

Westamerica Bancorporation 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.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.8%.

More news about Westamerica Bancorporation.

5. OFG Bancorp (OFG) – Dividend Yield: 3.12%

OFG Bancorp’s last close was $28.41, 6.91% below its 52-week high of $30.52. Intraday change was 0.78%.

OFG Bancorp, a financial holding company, provides various banking and financial services. It operates in three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending; financial planning; and corporate and individual trust services. It also provides securities brokerage services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; separately-managed accounts and mutual fund asset allocation programs; and pension administration, trust, and other financial services. In addition, the company involves in insurance agency business; administration of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and money market instruments; and management and participation in public offerings and private placements of debt and equity securities. Further, it offers investment brokerage, investment banking, and money and interest rate risk management, as well as derivatives and borrowings activities. The company operates through a network of 55 branches in Puerto Rico and 2 branches in USVI. OFG Bancorp was founded in 1964 and is based in San Juan, Puerto Rico.

Earnings Per Share

As for profitability, OFG Bancorp has a trailing twelve months EPS of $3.64.

PE Ratio

OFG Bancorp has a trailing twelve months price to earnings ratio of 7.8. Meaning, the purchaser of the share is investing $7.8 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 16.43%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14.9%, now sitting on 609.71M for the twelve trailing months.

Volume

Today’s last reported volume for OFG Bancorp is 187352 which is 23.45% below its average volume of 244772.

More news about OFG Bancorp.

6. CNO Financial Group (CNO) – Dividend Yield: 2.54%

CNO Financial Group’s last close was $23.60, 10.44% under its 52-week high of $26.35. Intraday change was -0.76%.

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face. The company also focuses on worksite and group sales for businesses, associations, and other membership groups by interacting with customers at their place of employment. In addition, it provides fixed index annuities; fixed interest annuities, including fixed rate single and flexible premium deferred annuities; single premium immediate annuities; supplemental health products, such as specified disease, accident, and hospital indemnity products; and long-term care plans primarily to retirees and older self-employed individuals in the middle-income market. Further, the company offers universal life and other interest-sensitive life products; and traditional life policies that include whole life, graded benefit life, term life, and single premium whole life products, as well as graded benefit life insurance products. CNO Financial Group, Inc. markets its products under the Bankers Life, Washington National, and Colonial Penn brand names. The company sells its products through agents, independent producers, and direct marketing. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana.

Earnings Per Share

As for profitability, CNO Financial Group has a trailing twelve months EPS of $1.85.

PE Ratio

CNO Financial Group has a trailing twelve months price to earnings ratio of 12.76. Meaning, the purchaser of the share is investing $12.76 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 7.43%.

Moving Average

CNO Financial Group’s worth is higher than its 50-day moving average of $22.51 and above its 200-day moving average of $22.43.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 17.6% and positive 53.1% for the next.

Yearly Top and Bottom Value

CNO Financial Group’s stock is valued at $23.60 at 10:15 EST, way under its 52-week high of $26.35 and way above its 52-week low of $16.56.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.3%, now sitting on 3.74B for the twelve trailing months.

More news about CNO Financial Group.

7. Sonic Automotive (SAH) – Dividend Yield: 2.25%

Sonic Automotive’s last close was $51.67, 17.01% below its 52-week high of $62.26. Intraday change was -1.55%.

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 42.75. Meaning, the purchaser of the share is investing $42.75 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%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 2.25%.

More news about Sonic Automotive.

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