(VIANEWS) – Gabelli Utility Trust (GUT), Plains All American Pipeline, L.P. (PAA), Regency Energy Partners LP (RGP) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Gabelli Utility Trust (GUT) | 9.98% | 2024-07-03 15:11:06 |
| Plains All American Pipeline, L.P. (PAA) | 6.72% | 2024-07-05 05:23:06 |
| Regency Energy Partners LP (RGP) | 5.07% | 2024-06-29 23:48:06 |
| Mercantile Bank Corporation (MBWM) | 3.58% | 2024-07-10 11:14:05 |
| Southwest Gas Corporation (SWX) | 3.52% | 2024-07-06 03:12:05 |
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: 9.98%
Gabelli Utility Trust’s last close was $6.01, 16.18% under its 52-week high of $7.17. Intraday change was -0.5%.
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 $-0.14.
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 -3.64%.
Volume
Today’s last reported volume for Gabelli Utility Trust is 77369 which is 44.97% below its average volume of 140596.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.6%, now sitting on 11.17M for the twelve trailing months.
Moving Average
Gabelli Utility Trust’s value is higher than its 50-day moving average of $5.93 and higher than its 200-day moving average of $5.71.
More news about Gabelli Utility Trust.
2. Plains All American Pipeline, L.P. (PAA) – Dividend Yield: 6.72%
Plains All American Pipeline, L.P.’s last close was $18.90, 0.74% below its 52-week high of $19.04. Intraday change was 1.89%.
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. The Natural Gas Liquids segment provides gathering, fractionation, storage, transportation, and terminalling activities. This segment also involved in ethane, propane, normal butane, iso-butane, and natural gasoline, as well as crude oil refining processes. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
Earnings Per Share
As for profitability, Plains All American Pipeline, L.P. has a trailing twelve months EPS of $1.17.
PE Ratio
Plains All American Pipeline, L.P. has a trailing twelve months price to earnings ratio of 16.15. Meaning, the purchaser of the share is investing $16.15 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 10.16%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 31, 2024, the estimated forward annual dividend rate is 1.27 and the estimated forward annual dividend yield is 6.72%.
Moving Average
Plains All American Pipeline, L.P.’s worth is above its 50-day moving average of $17.36 and way above its 200-day moving average of $16.28.
More news about Plains All American Pipeline, L.P..
3. Regency Energy Partners LP (RGP) – Dividend Yield: 5.07%
Regency Energy Partners LP’s last close was $11.04, 35.06% below its 52-week high of $17.00. Intraday change was 0.09%.
Resources Connection, Inc. provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. It also provides transformations services comprising finance transformation, digital transformation, supply chain management, cloud migration, and data design and analytics. The company has a strategic alliance with Kotter International, Inc. to accelerate joint business development initiatives. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.
Earnings Per Share
As for profitability, Regency Energy Partners LP has a trailing twelve months EPS of $0.66.
PE Ratio
Regency Energy Partners LP has a trailing twelve months price to earnings ratio of 16.73. Meaning, the purchaser of the share is investing $16.73 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 5.43%.
Volume
Today’s last reported volume for Regency Energy Partners LP is 514487 which is 7.54% below its average volume of 556465.
Sales Growth
Regency Energy Partners LP’s sales growth for the current quarter is negative 23.8%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 19%, now sitting on 669.05M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 84.1% and a negative 15%, respectively.
More news about Regency Energy Partners LP.
4. Mercantile Bank Corporation (MBWM) – Dividend Yield: 3.58%
Mercantile Bank Corporation’s last close was $39.07, 8.76% under its 52-week high of $42.82. Intraday change was 1.48%.
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Mercantile Bank Corporation has a trailing twelve months EPS of $5.16.
PE Ratio
Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 7.68. Meaning, the purchaser of the share is investing $7.68 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 16.5%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4%, now sitting on 220.18M for the twelve trailing months.
Volatility
Mercantile Bank Corporation’s last week, last month’s, and last quarter’s current intraday variation average was 0.90%, 0.53%, and 1.48%.
Mercantile Bank Corporation’s highest amplitude of average volatility was 0.90% (last week), 1.73% (last month), and 1.48% (last quarter).
Volume
Today’s last reported volume for Mercantile Bank Corporation is 11114 which is 82.46% below its average volume of 63383.
More news about Mercantile Bank Corporation.
5. Southwest Gas Corporation (SWX) – Dividend Yield: 3.52%
Southwest Gas Corporation’s last close was $70.41, 10.27% under its 52-week high of $78.47. Intraday change was -1.37%.
Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2023, it had 2,226,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Southwest Gas Corporation has a trailing twelve months EPS of $2.68.
PE Ratio
Southwest Gas Corporation has a trailing twelve months price to earnings ratio of 26.27. Meaning, the purchaser of the share is investing $26.27 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 5.76%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 12.8% and 160%, respectively.
More news about Southwest Gas Corporation.
