Gulf Coast Ultra Deep Royalty Trust, John Hancock Premium Dividend Fund, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Gulf Coast Ultra Deep Royalty Trust (GULTU), John Hancock Premium Dividend Fund (PDT), Synovus Financial Corp. (SNV) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Gulf Coast Ultra Deep Royalty Trust (GULTU) 57.91% 2023-09-28 11:14:07
John Hancock Premium Dividend Fund (PDT) 9.93% 2023-09-24 05:14:06
Synovus Financial Corp. (SNV) 5.48% 2023-09-24 19:48:07
The AES (AES) 5.27% 2023-10-10 12:52:12
Invesco Trust for Investment Grade New York Municipals (VTN) 4.06% 2023-09-25 13:41:08
Consolidated Edison (ED) 3.75% 2023-10-10 12:19:38
BlackRock Municipal Target Term Trust (BTT) 3.5% 2023-10-08 21:23:06
UNITIL Corporation (UTL) 3.47% 2023-09-25 11:06:07
Sun Communities (SUI) 3.14% 2023-10-10 12:22:12

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. Gulf Coast Ultra Deep Royalty Trust (GULTU) – Dividend Yield: 57.91%

Gulf Coast Ultra Deep Royalty Trust’s last close was $0.01, 74% under its 52-week high of $0.05. Intraday change was 0.75%.

Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. The company is based in Houston, Texas.

Earnings Per Share

As for profitability, Gulf Coast Ultra Deep Royalty Trust has a trailing twelve months EPS of $0.01.

PE Ratio

Gulf Coast Ultra Deep Royalty Trust has a trailing twelve months price to earnings ratio of 1.34. Meaning, the purchaser of the share is investing $1.34 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 263.38%.

More news about Gulf Coast Ultra Deep Royalty Trust.

2. John Hancock Premium Dividend Fund (PDT) – Dividend Yield: 9.93%

John Hancock Premium Dividend Fund’s last close was $9.89, 32.4% below its 52-week high of $14.63. Intraday change was -0.8%.

John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector. The fund primarily invests in dividend paying preferred stocks and common stocks of companies. It benchmarks the performance of its portfolio against a composite benchmark comprised of 70% Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 30% S&P 500 Utilities Index. The fund was formerly known as John Hancock Patriot Premium Dividend Fund II. John Hancock Premium Dividend Fund was formed on December 21, 1989 and is domiciled in the United States.

Earnings Per Share

As for profitability, John Hancock Premium Dividend Fund has a trailing twelve months EPS of $-1.02.

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 -7.8%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 0.99 and the estimated forward annual dividend yield is 9.93%.

More news about John Hancock Premium Dividend Fund.

3. Synovus Financial Corp. (SNV) – Dividend Yield: 5.48%

Synovus Financial Corp.’s last close was $27.83, 38.03% below its 52-week high of $44.91. Intraday change was 0.36%.

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company's commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and financial planning services, as well as provides individual investment advice on equity and other securities. As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee. The company was founded in 1888 and is headquartered in Columbus, Georgia.

Earnings Per Share

As for profitability, Synovus Financial Corp. has a trailing twelve months EPS of $5.13.

PE Ratio

Synovus Financial Corp. has a trailing twelve months price to earnings ratio of 5.42. Meaning, the purchaser of the share is investing $5.42 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 16.71%.

Moving Average

Synovus Financial Corp.’s value is way under its 50-day moving average of $31.74 and way under its 200-day moving average of $33.46.

Yearly Top and Bottom Value

Synovus Financial Corp.’s stock is valued at $27.83 at 17:15 EST, way below its 52-week high of $44.91 and way above its 52-week low of $25.19.

More news about Synovus Financial Corp..

4. The AES (AES) – Dividend Yield: 5.27%

The AES’s last close was $12.68, 57.58% below its 52-week high of $29.89. Intraday change was 2.8%.

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels and technologies to generate electricity, including coal, gas, hydro, wind, solar, and biomass; and renewables, such as energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 32,326 megawatts. It has operations in the United States, Puerto Rico, El Salvador, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.

Earnings Per Share

As for profitability, The AES has a trailing twelve months EPS of $-0.56.

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 -6.13%.

Moving Average

The AES’s value is way under its 50-day moving average of $17.55 and way under its 200-day moving average of $22.18.

Stock Price Classification

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

More news about The AES.

5. Invesco Trust for Investment Grade New York Municipals (VTN) – Dividend Yield: 4.06%

Invesco Trust for Investment Grade New York Municipals’s last close was $9.45, 13.7% under its 52-week high of $10.95. Intraday change was -2.01%.

Invesco Trust for Investment Grade New York Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Trust for Investment Grade New York Municipals. Invesco Trust for Investment Grade New York Municipals was formed on March 27, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Trust for Investment Grade New York Municipals has a trailing twelve months EPS of $-1.52.

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 -11.98%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 4.06%.

More news about Invesco Trust for Investment Grade New York Municipals.

6. Consolidated Edison (ED) – Dividend Yield: 3.75%

Consolidated Edison’s last close was $87.55, 13.25% under its 52-week high of $100.92. Intraday change was 0.67%.

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 $6.97.

PE Ratio

Consolidated Edison has a trailing twelve months price to earnings ratio of 12.64. Meaning, the purchaser of the share is investing $12.64 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 11.81%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 13.8%, now sitting on 15.54B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 14, 2023, the estimated forward annual dividend rate is 3.24 and the estimated forward annual dividend yield is 3.75%.

More news about Consolidated Edison.

7. BlackRock Municipal Target Term Trust (BTT) – Dividend Yield: 3.5%

BlackRock Municipal Target Term Trust’s last close was $19.28, 14.31% below its 52-week high of $22.50. Intraday change was -0.16%.

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. It was formerly known as BlackRock Municipal Target Term Trust. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, BlackRock Municipal Target Term Trust has a trailing twelve months EPS of $-1.02.

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 -4.14%.

Volatility

BlackRock Municipal Target Term Trust’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.05%, a negative 0.28%, and a positive 0.40%.

BlackRock Municipal Target Term Trust’s highest amplitude of average volatility was 0.50% (last week), 0.49% (last month), and 0.40% (last quarter).

Yearly Top and Bottom Value

BlackRock Municipal Target Term Trust’s stock is valued at $19.28 at 17:15 EST, way under its 52-week high of $22.50 and higher than its 52-week low of $19.16.

More news about BlackRock Municipal Target Term Trust.

8. UNITIL Corporation (UTL) – Dividend Yield: 3.47%

UNITIL Corporation’s last close was $46.11, 23.9% under its 52-week high of $60.59. Intraday change was -1.13%.

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Non-Regulated. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as the greater Fitchburg area of north central Massachusetts. It also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides energy brokering and advisory services to commercial and industrial customers; and real estate management services. It serves approximately 107,700 electric customers and 86,600 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.

Earnings Per Share

As for profitability, UNITIL Corporation has a trailing twelve months EPS of $2.7.

PE Ratio

UNITIL Corporation has a trailing twelve months price to earnings ratio of 16.89. Meaning, the purchaser of the share is investing $16.89 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 9.13%.

More news about UNITIL Corporation.

9. Sun Communities (SUI) – Dividend Yield: 3.14%

Sun Communities’s last close was $117.23, 28.44% below its 52-week high of $163.83. Intraday change was -1.88%.

Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of June 30, 2023, the Company owned, operated, or had an interest in a portfolio of 671 developed MH, RV and Marina properties comprising approximately 180,060 developed sites and approximately 48,180 wet slips and dry storage spaces in the U.S., the UK and Canada.

Earnings Per Share

As for profitability, Sun Communities has a trailing twelve months EPS of $1.85.

PE Ratio

Sun Communities has a trailing twelve months price to earnings ratio of 62.18. Meaning, the purchaser of the share is investing $62.18 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 3.2%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Sun Communities’s EBITDA is 69.09.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 3.08B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 6.1% and positive 250% for the next.

Moving Average

Sun Communities’s worth is below its 50-day moving average of $122.90 and way below its 200-day moving average of $135.33.

More news about Sun Communities.

Leave a Reply

Your email address will not be published. Required fields are marked *