(VIANEWS) – Invesco Value Municipal Income Trust (IIM), Cyclacel Pharmaceuticals (CYCCP), Paychex (PAYX) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Invesco Value Municipal Income Trust (IIM) | 5.05% | 2024-03-18 10:17:06 |
| Cyclacel Pharmaceuticals (CYCCP) | 3.24% | 2024-03-23 01:09:07 |
| Paychex (PAYX) | 2.95% | 2024-03-24 03:11:28 |
| Automatic Data Processing (ADP) | 2.31% | 2024-03-24 03:07:11 |
| Commerce Bancshares (CBSH) | 2.08% | 2024-03-22 11:08:08 |
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. Invesco Value Municipal Income Trust (IIM) – Dividend Yield: 5.05%
Invesco Value Municipal Income Trust’s last close was $11.78, 4.38% below its 52-week high of $12.32. Intraday change was 0.51%.
Invesco Value Municipal Income Trust 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 previously known as Invesco Insured Municipal Income Trust. Invesco Value Municipal Income Trust was formed on February 26, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Value Municipal Income Trust has a trailing twelve months EPS of $0.02.
PE Ratio
Invesco Value Municipal Income Trust has a trailing twelve months price to earnings ratio of 592. Meaning, the purchaser of the share is investing $592 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 0.15%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 5.05%.
Yearly Top and Bottom Value
Invesco Value Municipal Income Trust’s stock is valued at $11.84 at 20:15 EST, below its 52-week high of $12.32 and way above its 52-week low of $9.94.
More news about Invesco Value Municipal Income Trust.
2. Cyclacel Pharmaceuticals (CYCCP) – Dividend Yield: 3.24%
Cyclacel Pharmaceuticals’s last close was $18.50, 16.67% below its 52-week high of $22.20. Intraday change was 7.12%.
Cyclacel Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops medicines for the treatment of cancer and other proliferative diseases. The company's oncology development programs include fadraciclib, a cyclin dependent kinase Inhibitors (CDK) that is in Phase I clinical trial for the treatment of solid tumors, as well as in combination with venetoclax to treat relapsed or refractory chronic lymphocytic leukemia; and CYC140, a polo-like kinase inhibitor program, which is in Phase I clinical trial for the treatment of advanced leukemias. Its oncology development programs also comprise Sapacitabine, an orally available prodrug of CNDAC, which is a novel nucleoside analog. In addition, the company's oncology development programs include seliciclib, a CDK inhibitor. It has a clinical collaboration agreement with the University of Texas MD Anderson Cancer Center to clinically evaluate the safety and efficacy of three cyclacel medicines in patients with hematological malignancies, including chronic lymphocytic leukemias, acute myeloid leukemias, myelodysplastic syndromes, and other advanced leukemias. Cyclacel Pharmaceuticals, Inc. was founded in 1992 and is headquartered in Berkeley Heights, New Jersey.
Earnings Per Share
As for profitability, Cyclacel Pharmaceuticals has a trailing twelve months EPS of $-2.05.
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 -272.63%.
Moving Average
Cyclacel Pharmaceuticals’s worth is below its 50-day moving average of $19.20 and way higher than its 200-day moving average of $14.76.
Volume
Today’s last reported volume for Cyclacel Pharmaceuticals is 1706 which is 20.31% above its average volume of 1418.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 19, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 3.24%.
More news about Cyclacel Pharmaceuticals.
3. Paychex (PAYX) – Dividend Yield: 2.95%
Paychex’s last close was $122.33, 5.68% below its 52-week high of $129.70. Intraday change was -1.22%.
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
Earnings Per Share
As for profitability, Paychex has a trailing twelve months EPS of $4.5.
PE Ratio
Paychex has a trailing twelve months price to earnings ratio of 26.85. Meaning, the purchaser of the share is investing $26.85 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 48.43%.
Yearly Top and Bottom Value
Paychex’s stock is valued at $120.84 at 20:15 EST, under its 52-week high of $129.70 and way above its 52-week low of $104.09.
Moving Average
Paychex’s value is below its 50-day moving average of $121.24 and above its 200-day moving average of $118.72.
Volatility
Paychex’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.75%, a negative 0.05%, and a positive 0.60%.
Paychex’s highest amplitude of average volatility was 0.75% (last week), 0.56% (last month), and 0.60% (last quarter).
More news about Paychex.
4. Automatic Data Processing (ADP) – Dividend Yield: 2.31%
Automatic Data Processing’s last close was $247.61, 3.59% under its 52-week high of $256.84. Intraday change was -0.54%.
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $8.59.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 28.83. Meaning, the purchaser of the share is investing $28.83 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 97.38%.
Sales Growth
Automatic Data Processing’s sales growth for the next quarter is 6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Automatic Data Processing’s EBITDA is 5.73.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 7, 2024, the estimated forward annual dividend rate is 5.6 and the estimated forward annual dividend yield is 2.31%.
More news about Automatic Data Processing.
5. Commerce Bancshares (CBSH) – Dividend Yield: 2.08%
Commerce Bancshares’s last close was $51.84, 13.38% under its 52-week high of $59.85. Intraday change was -1.18%.
Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. It operates through a network of 287 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.
Earnings Per Share
As for profitability, Commerce Bancshares has a trailing twelve months EPS of $3.64.
PE Ratio
Commerce Bancshares has a trailing twelve months price to earnings ratio of 14.07. Meaning, the purchaser of the share is investing $14.07 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 17.82%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 6, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 2.08%.
More news about Commerce Bancshares.
