Headlines

Invesco Trust For Investment Grade Municipals, PotlatchDeltic Corporation, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Invesco Trust for Investment Grade Municipals (VGM), PotlatchDeltic Corporation (PCH), Territorial Bancorp (TBNK) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Invesco Trust for Investment Grade Municipals (VGM) 4.86% 2024-05-13 21:23:06
PotlatchDeltic Corporation (PCH) 4.11% 2024-05-18 13:07:09
Territorial Bancorp (TBNK) 4% 2024-05-19 15:15:05
American Tower (AMT) 3.49% 2024-05-26 03:14:39
Corning Incorporated (GLW) 3.09% 2024-05-26 03:16:13
California Water Service Group (CWT) 2.23% 2024-05-27 19:11:06

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. Invesco Trust for Investment Grade Municipals (VGM) – Dividend Yield: 4.86%

Invesco Trust for Investment Grade Municipals’s last close was $9.78, 2.59% below its 52-week high of $10.04. Intraday change was -0.61%.

Invesco Trust for Investment Grade 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 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 Municipals. Invesco Trust for Investment Grade Municipals was formed on January 24, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Trust for Investment Grade Municipals has a trailing twelve months EPS of $0.01.

PE Ratio

Invesco Trust for Investment Grade Municipals has a trailing twelve months price to earnings ratio of 978. Meaning, the purchaser of the share is investing $978 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 negative -0.01%.

Moving Average

Invesco Trust for Investment Grade Municipals’s value is above its 50-day moving average of $9.73 and above its 200-day moving average of $9.42.

Revenue Growth

Year-on-year quarterly revenue growth declined by 0.1%, now sitting on 44.36M for the twelve trailing months.

Yearly Top and Bottom Value

Invesco Trust for Investment Grade Municipals’s stock is valued at $9.78 at 20:15 EST, below its 52-week high of $10.04 and way above its 52-week low of $8.15.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 15, 2024, the estimated forward annual dividend rate is 0.47 and the estimated forward annual dividend yield is 4.86%.

More news about Invesco Trust for Investment Grade Municipals.

2. PotlatchDeltic Corporation (PCH) – Dividend Yield: 4.11%

PotlatchDeltic Corporation’s last close was $43.83, 19.49% under its 52-week high of $54.44. Intraday change was -0.43%.

PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance.

Earnings Per Share

As for profitability, PotlatchDeltic Corporation has a trailing twelve months EPS of $0.57.

PE Ratio

PotlatchDeltic Corporation has a trailing twelve months price to earnings ratio of 76.89. Meaning, the purchaser of the share is investing $76.89 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 2.08%.

More news about PotlatchDeltic Corporation.

3. Territorial Bancorp (TBNK) – Dividend Yield: 4%

Territorial Bancorp’s last close was $8.49, 41.45% below its 52-week high of $14.50. Intraday change was 0.12%.

Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.

Earnings Per Share

As for profitability, Territorial Bancorp has a trailing twelve months EPS of $0.25.

PE Ratio

Territorial Bancorp has a trailing twelve months price to earnings ratio of 33.96. Meaning, the purchaser of the share is investing $33.96 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 1.98%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 31.5%, now sitting on 45.1M for the twelve trailing months.

More news about Territorial Bancorp.

4. American Tower (AMT) – Dividend Yield: 3.49%

American Tower’s last close was $185.93, 15.14% under its 52-week high of $219.10. Intraday change was 0.31%.

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.

Earnings Per Share

As for profitability, American Tower has a trailing twelve months EPS of $3.18.

PE Ratio

American Tower has a trailing twelve months price to earnings ratio of 56.35. Meaning, the purchaser of the share is investing $56.35 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 17.23%.

Sales Growth

American Tower’s sales growth is 1.6% for the current quarter and 3% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.4%, now sitting on 11.21B for the twelve trailing months.

More news about American Tower.

5. Corning Incorporated (GLW) – Dividend Yield: 3.09%

Corning Incorporated’s last close was $36.28, 1.41% under its 52-week high of $36.80. Intraday change was -2.42%.

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

Earnings Per Share

As for profitability, Corning Incorporated has a trailing twelve months EPS of $0.68.

PE Ratio

Corning Incorporated has a trailing twelve months price to earnings ratio of 46.31. Meaning, the purchaser of the share is investing $46.31 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 5.74%.

Yearly Top and Bottom Value

Corning Incorporated’s stock is valued at $31.49 at 20:15 EST, way under its 52-week high of $36.80 and way higher than its 52-week low of $25.26.

More news about Corning Incorporated.

6. California Water Service Group (CWT) – Dividend Yield: 2.23%

California Water Service Group’s last close was $50.29, 13.74% under its 52-week high of $58.30. Intraday change was -1.6%.

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, California Water Service Group has a trailing twelve months EPS of $2.52.

PE Ratio

California Water Service Group has a trailing twelve months price to earnings ratio of 19.96. Meaning, the purchaser of the share is investing $19.96 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 10.34%.

Yearly Top and Bottom Value

California Water Service Group’s stock is valued at $50.29 at 20:15 EST, way below its 52-week high of $58.30 and way above its 52-week low of $43.50.

Volume

Today’s last reported volume for California Water Service Group is 272854 which is 30.65% below its average volume of 393451.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 3, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 2.23%.

More news about California Water Service Group.

Leave a Reply

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