Kayne Anderson MLP Investment Company, Sasol Ltd., Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Kayne Anderson MLP Investment Company (KYN), Sasol Ltd. (SSL), Suburban Propane Partners, L.P. (SPH) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Kayne Anderson MLP Investment Company (KYN) 9.85% 2023-03-29 11:06:08
Sasol Ltd. (SSL) 9.05% 2023-03-31 05:15:06
Suburban Propane Partners, L.P. (SPH) 8.25% 2023-03-31 04:42:18
Eaton Vance Tax (ETO) 7.11% 2023-03-28 05:23:19
First Merchants Corporation (FRME) 2.99% 2023-04-03 07:48:17

Close to 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. Kayne Anderson MLP Investment Company (KYN) – Dividend Yield: 9.85%

Kayne Anderson MLP Investment Company’s last close was $8.25, 16.07% under its 52-week high of $9.83. Intraday change was 1.03%.

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector. The fund primarily invests in energy-related master limited partnerships. Kayne Anderson MLP Investment Company was formed on June 4, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Kayne Anderson MLP Investment Company has a trailing twelve months EPS of $2.51.

PE Ratio

Kayne Anderson MLP Investment Company has a trailing twelve months price to earnings ratio of 3.32. Meaning, the purchaser of the share is investing $3.32 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 25.12%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 5, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 9.85%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 63.7%, now sitting on 57M for the twelve trailing months.

Volume

Today’s last reported volume for Kayne Anderson MLP Investment Company is 179587 which is 63.61% below its average volume of 493611.

Yearly Top and Bottom Value

Kayne Anderson MLP Investment Company’s stock is valued at $8.34 at 10:15 EST, way under its 52-week high of $9.83 and higher than its 52-week low of $7.76.

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2. Sasol Ltd. (SSL) – Dividend Yield: 9.05%

Sasol Ltd.’s last close was $13.73, 51.6% under its 52-week high of $28.37. Intraday change was 1.18%.

Sasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through six segments: Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia. It offers acetate, acrylate monomer, ammonia, carbon, chlor alkali, explosive, fertilizer, glycol ether, hydrocarbon blend, inorganic, ketone, mining, polymer, and wax chemicals, as well as lacquer thinners, light alcohols, and phenolics or cresylic acids. The company also markets and sells brick, electrical, engine, hand, non-ferrous, and window cleaners, as well as parts wash products and super soaps; degreasers; bitumen, fuel oils, lubricants, motor fuels, and gas-to-liquid fuels; and other fuels, such as illuminating paraffin, light cycle and distillate oils, light straight run fuels, and synthetic paraffinic kerosene. In addition, it wholesales diesel and petrol; operates coal mines; offers engineering services; and develops lower carbon solutions. Further, the company explores, develops, produces, markets, and distributes natural gas and related products through pipelines. It serves adhesive, agriculture and forestry, automotive and transportation, aviation, burner fuel, chemical, construction and material, corrosion protection, electrical and electronic, flavor and fragrance, furniture, health and medical, household and consumer goods, industrial product, lubricant, manufacturing, mining, packaging, paint and coating, personal care, pharmaceutical, plastic and polymer, publishing and ink, pulp and paper, rubber and tyre, specialty graphite, steel and foundry, textile and leather, water treatment, and other industries. Sasol Limited was founded in 1950 and is headquartered in Johannesburg, South Africa.

Earnings Per Share

As for profitability, Sasol Ltd. has a trailing twelve months EPS of $3.39.

PE Ratio

Sasol Ltd. has a trailing twelve months price to earnings ratio of 4.05. Meaning, the purchaser of the share is investing $4.05 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 21.52%.

Yearly Top and Bottom Value

Sasol Ltd.’s stock is valued at $13.73 at 10:15 EST, way below its 52-week high of $28.37 and way above its 52-week low of $12.00.

Moving Average

Sasol Ltd.’s value is way under its 50-day moving average of $15.38 and way below its 200-day moving average of $17.70.

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3. Suburban Propane Partners, L.P. (SPH) – Dividend Yield: 8.25%

Suburban Propane Partners, L.P.’s last close was $15.22, 14.25% below its 52-week high of $17.75. Intraday change was -0.07%.

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels. The company operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 24, 2022, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 42 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is based in Whippany, New Jersey.

Earnings Per Share

As for profitability, Suburban Propane Partners, L.P. has a trailing twelve months EPS of $0.94.

PE Ratio

Suburban Propane Partners, L.P. has a trailing twelve months price to earnings ratio of 16.21. Meaning, the purchaser of the share is investing $16.21 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 34.5%.

Moving Average

Suburban Propane Partners, L.P.’s worth is below its 50-day moving average of $15.44 and under its 200-day moving average of $15.85.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1443.8% and 200%, respectively.

Sales Growth

Suburban Propane Partners, L.P.’s sales growth is negative 4.1% for the present quarter and negative 15.8% for the next.

More news about Suburban Propane Partners, L.P..

4. Eaton Vance Tax (ETO) – Dividend Yield: 7.11%

Eaton Vance Tax’s last close was $21.27, 30.76% under its 52-week high of $30.72. Intraday change was 0.93%.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund was formed on April 30, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.4.

PE Ratio

Eaton Vance Tax has a trailing twelve months price to earnings ratio of 53.7. Meaning, the purchaser of the share is investing $53.7 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 -27.36%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 20, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 7.11%.

Yearly Top and Bottom Value

Eaton Vance Tax’s stock is valued at $21.26 at 10:15 EST, way below its 52-week high of $30.72 and above its 52-week low of $19.57.

Revenue Growth

Year-on-year quarterly revenue growth grew by 26%, now sitting on 18.24M for the twelve trailing months.

Moving Average

Eaton Vance Tax’s worth is below its 50-day moving average of $22.18 and under its 200-day moving average of $22.64.

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5. First Merchants Corporation (FRME) – Dividend Yield: 2.99%

First Merchants Corporation’s last close was $32.95, 26.84% below its 52-week high of $45.04. Intraday change was 0.37%.

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Earnings Per Share

As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.03.

PE Ratio

First Merchants Corporation has a trailing twelve months price to earnings ratio of 10.87. Meaning, the purchaser of the share is investing $10.87 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 11.25%.

More news about First Merchants Corporation.

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