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Gabelli Utility Trust, Century Aluminum Company, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Gabelli Utility Trust (GUT), Century Aluminum Company (CENX), Arrow Electronics (ARW) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Gabelli Utility Trust (GUT) 10.34% 2023-10-28 07:48:05
Century Aluminum Company (CENX) 7.01% 2023-11-01 17:08:06
Arrow Electronics (ARW) 4.1% 2023-10-26 11:14:05
Hartford Financial Services Group (HIG) 2.67% 2023-11-09 12:20:36

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. Gabelli Utility Trust (GUT) – Dividend Yield: 10.34%

Gabelli Utility Trust’s last close was $5.80, 27.23% under its 52-week high of $7.97. Intraday change was -1.36%.

The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.

Earnings Per Share

As for profitability, Gabelli Utility Trust has a trailing twelve months EPS of $-0.08.

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 -2.14%.

Yearly Top and Bottom Value

Gabelli Utility Trust’s stock is valued at $5.80 at 11:15 EST, way under its 52-week high of $7.97 and way above its 52-week low of $4.60.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 10.34%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.2%, now sitting on 10.67M for the twelve trailing months.

More news about Gabelli Utility Trust.

2. Century Aluminum Company (CENX) – Dividend Yield: 7.01%

Century Aluminum Company’s last close was $6.61, 49.04% below its 52-week high of $12.97. Intraday change was -3.18%.

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates a carbon anode production facility in the Netherlands. The company was incorporated in 1981 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Century Aluminum Company has a trailing twelve months EPS of $-1.06.

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 -22.9%.

Yearly Top and Bottom Value

Century Aluminum Company’s stock is valued at $6.40 at 11:15 EST, way under its 52-week high of $12.97 and way higher than its 52-week low of $5.70.

More news about Century Aluminum Company.

3. Arrow Electronics (ARW) – Dividend Yield: 4.1%

Arrow Electronics’s last close was $109.86, 25.48% below its 52-week high of $147.42. Intraday change was 1.29%.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, including data-center, cloud, security, and analytics solutions, as well as access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, as well as manages service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.

Earnings Per Share

As for profitability, Arrow Electronics has a trailing twelve months EPS of $19.7.

PE Ratio

Arrow Electronics has a trailing twelve months price to earnings ratio of 5.65. Meaning, the purchaser of the share is investing $5.65 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 21.91%.

More news about Arrow Electronics.

4. Hartford Financial Services Group (HIG) – Dividend Yield: 2.67%

Hartford Financial Services Group’s last close was $73.33, 7.69% below its 52-week high of $79.44. Intraday change was 0.9%.

The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.

Earnings Per Share

As for profitability, Hartford Financial Services Group has a trailing twelve months EPS of $7.27.

PE Ratio

Hartford Financial Services Group has a trailing twelve months price to earnings ratio of 10.14. Meaning, the purchaser of the share is investing $10.14 for every dollar of annual earnings.

More news about Hartford Financial Services Group.

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