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John Hancock, TPG Specialty Lending, Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – John Hancock (HPI), TPG Specialty Lending (TSLX), National Retail Properties (NNN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
John Hancock (HPI) 9.74% 2023-12-03 01:06:06
TPG Specialty Lending (TSLX) 8.82% 2023-11-17 23:46:06
National Retail Properties (NNN) 5.79% 2023-11-16 15:07:06
Southside Bancshares (SBSI) 5% 2023-11-23 11:15:05
PNC Financial Services Group (PNC) 4.39% 2023-12-03 03:17:54
Independent Bank Corporation (IBCP) 4.16% 2023-11-21 07:14:05
Novartis AG (NVS) 3.57% 2023-12-03 03:19:14
John Hancock Income Securities Trust (JHS) 3.25% 2023-12-03 06:23:06
NRG Energy (NRG) 3.12% 2023-12-03 03:19:08
Juniper Networks (JNPR) 3.08% 2023-12-03 07:09:24

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. John Hancock (HPI) – Dividend Yield: 9.74%

John Hancock’s last close was $15.21, 16.84% under its 52-week high of $18.29. Intraday change was 0.07%.

John Hancock Preferred Income Fund is a closed ended balanced 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 and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund was formed on August 27, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, John Hancock has a trailing twelve months EPS of $-1.2.

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 -7.17%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 9, 2023, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 9.74%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 46.95M for the twelve trailing months.

Yearly Top and Bottom Value

John Hancock’s stock is valued at $15.21 at 04:15 EST, way under its 52-week high of $18.29 and way higher than its 52-week low of $12.85.

More news about John Hancock.

2. TPG Specialty Lending (TSLX) – Dividend Yield: 8.82%

TPG Specialty Lending’s last close was $20.97, 1.13% under its 52-week high of $21.21. Intraday change was 0.48%.

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.

Earnings Per Share

As for profitability, TPG Specialty Lending has a trailing twelve months EPS of $2.61.

PE Ratio

TPG Specialty Lending has a trailing twelve months price to earnings ratio of 8.03. Meaning, the purchaser of the share is investing $8.03 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 15.43%.

More news about TPG Specialty Lending.

3. National Retail Properties (NNN) – Dividend Yield: 5.79%

National Retail Properties’s last close was $39.00, 19.1% under its 52-week high of $48.21. Intraday change was 0.41%.

NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of March 31, 2023, the company owned 3,449 properties in 49 states with a gross leasable area of approximately 35.3 million square feet and with a weighted average remaining lease term of 10.3 years. NNN is one of only three publicly traded REITs to have increased annual dividends for 33 or more consecutive years.

Earnings Per Share

As for profitability, National Retail Properties has a trailing twelve months EPS of $2.13.

PE Ratio

National Retail Properties has a trailing twelve months price to earnings ratio of 18.38. Meaning, the purchaser of the share is investing $18.38 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 9.46%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

National Retail Properties’s EBITDA is 13.9.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6%, now sitting on 810.4M for the twelve trailing months.

Sales Growth

National Retail Properties’s sales growth is 4.7% for the ongoing quarter and 6% for the next.

More news about National Retail Properties.

4. Southside Bancshares (SBSI) – Dividend Yield: 5%

Southside Bancshares’s last close was $27.98, 30.71% under its 52-week high of $40.38. Intraday change was -0.46%.

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Earnings Per Share

As for profitability, Southside Bancshares has a trailing twelve months EPS of $3.11.

PE Ratio

Southside Bancshares has a trailing twelve months price to earnings ratio of 9. Meaning, the purchaser of the share is investing $9 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 13.51%.

Yearly Top and Bottom Value

Southside Bancshares’s stock is valued at $27.98 at 04:15 EST, way below its 52-week high of $40.38 and way higher than its 52-week low of $25.38.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 23% and a negative 24.1%, respectively.

More news about Southside Bancshares.

5. PNC Financial Services Group (PNC) – Dividend Yield: 4.39%

PNC Financial Services Group’s last close was $139.00, 17.79% below its 52-week high of $169.07. Intraday change was 2.6%.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; securities underwriting, loan syndications, customer-related trading, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, PNC Financial Services Group has a trailing twelve months EPS of $14.4.

PE Ratio

PNC Financial Services Group has a trailing twelve months price to earnings ratio of 9.54. Meaning, the purchaser of the share is investing $9.54 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 13.12%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 15, 2023, the estimated forward annual dividend rate is 6.1 and the estimated forward annual dividend yield is 4.39%.

Yearly Top and Bottom Value

PNC Financial Services Group’s stock is valued at $137.44 at 04:15 EST, way under its 52-week high of $169.07 and way above its 52-week low of $109.40.

More news about PNC Financial Services Group.

6. Independent Bank Corporation (IBCP) – Dividend Yield: 4.16%

Independent Bank Corporation’s last close was $22.14, 11.3% under its 52-week high of $24.96. Intraday change was 0.68%.

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Earnings Per Share

As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.84.

PE Ratio

Independent Bank Corporation has a trailing twelve months price to earnings ratio of 7.8. Meaning, the purchaser of the share is investing $7.8 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 17.08%.

More news about Independent Bank Corporation.

7. Novartis AG (NVS) – Dividend Yield: 3.57%

Novartis AG’s last close was $97.90, 7.3% under its 52-week high of $105.61. Intraday change was 0.26%.

Novartis AG researches, develops, manufactures, and markets healthcare products in Switzerland and internationally. The company offers prescription medicines for patients and physicians. It focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, and oncology, as well as ophthalmology and hematology. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.

Earnings Per Share

As for profitability, Novartis AG has a trailing twelve months EPS of $3.86.

PE Ratio

Novartis AG has a trailing twelve months price to earnings ratio of 25.43. Meaning, the purchaser of the share is investing $25.43 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 16.45%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 54.22B for the twelve trailing months.

More news about Novartis AG.

8. John Hancock Income Securities Trust (JHS) – Dividend Yield: 3.25%

John Hancock Income Securities Trust’s last close was $10.69, 8.63% below its 52-week high of $11.70. Intraday change was 1.81%.

John Hancock Income Securities Trust is a closed ended fixed income 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 fixed income markets of United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years. The fund benchmarks the performance of its portfolios against the Lehman Brothers Government/ Credit Bond Index. John Hancock Income Securities Trust was formed in February 14, 1973 and is domiciled in United States.

Earnings Per Share

As for profitability, John Hancock Income Securities Trust has a trailing twelve months EPS of $-0.53.

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 -4.22%.

More news about John Hancock Income Securities Trust.

9. NRG Energy (NRG) – Dividend Yield: 3.12%

NRG Energy’s last close was $47.84, 1.52% below its 52-week high of $48.58. Intraday change was 0.47%.

NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West segments. The company is involved in producing and selling electricity and related products and services to approximately residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, and energy efficiency and advisory services, as well as carbon management and specialty services. In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. Further, the company procures fuels; and sells energy, services, and products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, NRG Energy has a trailing twelve months EPS of $-7.7.

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 -41.14%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NRG Energy’s stock is considered to be oversold (<=20).

More news about NRG Energy.

10. Juniper Networks (JNPR) – Dividend Yield: 3.08%

Juniper Networks’s last close was $28.57, 17.26% below its 52-week high of $34.53. Intraday change was 0.42%.

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus environments; QFX series of core, spine, and top-of-rack data center switches; and mist access points, which provide wireless access and performance. In addition, the company offers security products comprising SRX series services gateways for the data center; Branch SRX family provides an integrated firewall and next-generation firewall; virtual firewall that delivers various features of physical firewalls; and advanced malware protection, a cloud-based service and Juniper ATP. Further, it offers Junos OS, a network operating system; Contrail networking and cloud platform, which provides an open-source and standards-based platform for SDN and NFV; Contrail Insights, an optimization and management software platform for public, private, and hybrid clouds; and Marvis Actions and AI-driven Virtual Network Assistant, which identifies the root cause of issues across the information technology, domains and automatically resolves issues. Additionally, the company provides technical support, maintenance, and professional services, as well as education and training programs. It sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the cloud, service provider, and enterprise markets. The company was founded in 1996 and is headquartered in Sunnyvale, California.

Earnings Per Share

As for profitability, Juniper Networks has a trailing twelve months EPS of $1.12.

PE Ratio

Juniper Networks has a trailing twelve months price to earnings ratio of 25.51. Meaning, the purchaser of the share is investing $25.51 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 8.45%.

More news about Juniper Networks.

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