(VIANEWS) – Morgan Stanley India Investment Fund (IIF), Canadian Imperial Bank of Commerce (CM), Safety Insurance Group (SAFT) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Morgan Stanley India Investment Fund (IIF) | 12.4% | 2024-06-16 01:08:06 |
| Canadian Imperial Bank of Commerce (CM) | 5.52% | 2024-06-16 03:16:04 |
| Safety Insurance Group (SAFT) | 4.73% | 2024-06-06 01:06:06 |
| Associated Banc (ASB) | 4.3% | 2024-06-13 19:55:28 |
| Johnson Outdoors (JOUT) | 3.88% | 2024-06-22 04:55:11 |
| UNIVERSAL INSURANCE HOLDINGS (UVE) | 3.41% | 2024-06-18 15:15:06 |
| Targa Resources (TRGP) | 2.47% | 2024-06-18 10:42:21 |
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. Morgan Stanley India Investment Fund (IIF) – Dividend Yield: 12.4%
Morgan Stanley India Investment Fund’s last close was $25.28, 0.16% below its 52-week high of $25.32. Intraday change was 0.52%.
Morgan Stanley India Investment Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the U.S. dollar adjusted BSE National Index. Morgan Stanley India Investment Fund, Inc. was formed on December 22, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Morgan Stanley India Investment Fund has a trailing twelve months EPS of $4.91.
PE Ratio
Morgan Stanley India Investment Fund has a trailing twelve months price to earnings ratio of 5.15. Meaning, the purchaser of the share is investing $5.15 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 18.83%.
More news about Morgan Stanley India Investment Fund.
2. Canadian Imperial Bank of Commerce (CM) – Dividend Yield: 5.52%
Canadian Imperial Bank of Commerce’s last close was $47.40, 7.31% under its 52-week high of $51.14. Intraday change was -1.29%.
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Canadian Imperial Bank of Commerce has a trailing twelve months EPS of $4.82.
PE Ratio
Canadian Imperial Bank of Commerce has a trailing twelve months price to earnings ratio of 9.96. Meaning, the purchaser of the share is investing $9.96 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 11.92%.
Yearly Top and Bottom Value
Canadian Imperial Bank of Commerce’s stock is valued at $48.03 at 20:15 EST, below its 52-week high of $51.14 and way above its 52-week low of $34.35.
Sales Growth
Canadian Imperial Bank of Commerce’s sales growth for the next quarter is 5.2%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 21.7B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Canadian Imperial Bank of Commerce’s stock is considered to be overbought (>=80).
More news about Canadian Imperial Bank of Commerce.
3. Safety Insurance Group (SAFT) – Dividend Yield: 4.73%
Safety Insurance Group’s last close was $76.07, 14.26% below its 52-week high of $88.72. Intraday change was -0.31%.
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella and business owner policies, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Safety Insurance Group has a trailing twelve months EPS of $3.48.
PE Ratio
Safety Insurance Group has a trailing twelve months price to earnings ratio of 21.86. Meaning, the purchaser of the share is investing $21.86 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 6.37%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25.5%, now sitting on 985.43M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 3.6 and the estimated forward annual dividend yield is 4.73%.
More news about Safety Insurance Group.
4. Associated Banc (ASB) – Dividend Yield: 4.3%
Associated Banc’s last close was $20.16, 11.46% under its 52-week high of $22.77. Intraday change was -1.47%.
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers savings, money market deposit accounts, IRA accounts, and certificates of deposit; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. This segment also provides specialized financial services comprising interest rate risk management, foreign exchange solutions, and commodity hedging; administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; fixed and variable annuities, full-service, and discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit. As of December 31, 2020, the company operated 228 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Earnings Per Share
As for profitability, Associated Banc has a trailing twelve months EPS of $0.99.
PE Ratio
Associated Banc has a trailing twelve months price to earnings ratio of 20.36. Meaning, the purchaser of the share is investing $20.36 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 3.88%.
Moving Average
Associated Banc’s value is under its 50-day moving average of $21.22 and higher than its 200-day moving average of $19.62.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.1%, now sitting on 1B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 4.3%.
Volume
Today’s last reported volume for Associated Banc is 772405 which is 33.15% below its average volume of 1155570.
More news about Associated Banc.
5. Johnson Outdoors (JOUT) – Dividend Yield: 3.88%
Johnson Outdoors’s last close was $33.95, 46.37% below its 52-week high of $63.31. Intraday change was -1.08%.
Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing. This segment sells its products under the Minn Kota, Humminbird, and Cannon brands through outdoor specialty and Internet retailers, retail store chains, original equipment manufacturers, and distributors. The Camping segment provides consumer, commercial, and military tents and accessories; camping stoves; other recreational camping products; and portable outdoor cooking systems. This segment sells its products under the Eureka! and Jetboil brands through specialty stores, sporting goods stores, internet retailers, and direct to consumers. The Watercraft Recreation segment offers kayaks, canoes, and paddles for family recreation, touring, angling, and tripping through independent specialty and outdoor retailers under Old Town and Carlisle brands. The Diving segment manufactures and markets underwater diving and snorkeling equipment, such as regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels, and accessories through independent specialty dive stores and diving magazines under the SCUBAPRO brand name. This segment also provides regular maintenance, product repair, diving education, and travel program services; and sells diving gear to dive training centers, resorts, and public safety units. It sells its products through websites. The company was founded in 1970 and is headquartered in Racine, Wisconsin.
Earnings Per Share
As for profitability, Johnson Outdoors has a trailing twelve months EPS of $0.47.
PE Ratio
Johnson Outdoors has a trailing twelve months price to earnings ratio of 72.23. Meaning, the purchaser of the share is investing $72.23 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 0.97%.
Volume
Today’s last reported volume for Johnson Outdoors is 67506 which is 13.28% above its average volume of 59590.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 11, 2024, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 3.88%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 13%, now sitting on 597.89M for the twelve trailing months.
More news about Johnson Outdoors.
6. UNIVERSAL INSURANCE HOLDINGS (UVE) – Dividend Yield: 3.41%
UNIVERSAL INSURANCE HOLDINGS’s last close was $18.79, 16.04% under its 52-week high of $22.38. Intraday change was -2.24%.
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. The company also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, a digital agency for carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.
Earnings Per Share
As for profitability, UNIVERSAL INSURANCE HOLDINGS has a trailing twelve months EPS of $2.57.
PE Ratio
UNIVERSAL INSURANCE HOLDINGS has a trailing twelve months price to earnings ratio of 7.15. Meaning, the purchaser of the share is investing $7.15 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 22.23%.
Volatility
UNIVERSAL INSURANCE HOLDINGS’s last week, last month’s, and last quarter’s current intraday variation average was a positive 2.57%, a negative 0.31%, and a positive 1.25%.
UNIVERSAL INSURANCE HOLDINGS’s highest amplitude of average volatility was 2.57% (last week), 1.50% (last month), and 1.25% (last quarter).
More news about UNIVERSAL INSURANCE HOLDINGS.
7. Targa Resources (TRGP) – Dividend Yield: 2.47%
Targa Resources’s last close was $121.60, 1.44% under its 52-week high of $123.38. Intraday change was 0%.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 30.18%.
Volatility
Targa Resources’s last week, last month’s, and last quarter’s current intraday variation average was 2.18%, 0.16%, and 0.89%.
Targa Resources’s highest amplitude of average volatility was 2.18% (last week), 1.07% (last month), and 0.89% (last quarter).
More news about Targa Resources.
