New Residential Investment, Open Text Corporation, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – New Residential Investment (NRZ), Open Text Corporation (OTEX), Magna International (MGA) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
New Residential Investment (NRZ) 9.21% 2023-02-26 03:17:26
Open Text Corporation (OTEX) 3.35% 2023-02-08 02:23:18
Magna International (MGA) 2.79% 2023-02-26 08:23:50
Schnitzer Steel Industries (SCHN) 2.52% 2023-02-08 22:44:16

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. New Residential Investment (NRZ) – Dividend Yield: 9.21%

New Residential Investment’s last close was $7.17, 39.29% below its 52-week high of $11.81. Intraday change was 0%.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.32%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 153.8%, now sitting on 3.01B for the twelve trailing months.

Moving Average

New Residential Investment’s worth is below its 50-day moving average of $10.47 and below its 200-day moving average of $10.77.

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2. Open Text Corporation (OTEX) – Dividend Yield: 3.35%

Open Text Corporation’s last close was $34.75, 24.82% below its 52-week high of $46.22. Intraday change was -0.29%.

Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.

Earnings Per Share

As for profitability, Open Text Corporation has a trailing twelve months EPS of $0.33.

PE Ratio

Open Text Corporation has a trailing twelve months price to earnings ratio of 104.98. Meaning, the purchaser of the share is investing $104.98 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 9.77%.

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3. Magna International (MGA) – Dividend Yield: 2.79%

Magna International’s last close was $53.80, 28.8% below its 52-week high of $75.56. Intraday change was -1.53%.

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Earnings Per Share

As for profitability, Magna International has a trailing twelve months EPS of $2.52.

PE Ratio

Magna International has a trailing twelve months price to earnings ratio of 21.38. Meaning, the purchaser of the share is investing $21.38 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 8.76%.

Yearly Top and Bottom Value

Magna International’s stock is valued at $53.89 at 09:15 EST, way under its 52-week high of $75.56 and way above its 52-week low of $45.58.

More news about Magna International.

4. Schnitzer Steel Industries (SCHN) – Dividend Yield: 2.52%

Schnitzer Steel Industries’s last close was $32.11, 46.21% under its 52-week high of $59.70. Intraday change was -5.78%.

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 50 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies. In addition, it produces various finished steel products using ferrous recycled metal and other raw materials, as well as semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. Further, the company sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors; and finished steel customers are primarily steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and major farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.

Earnings Per Share

As for profitability, Schnitzer Steel Industries has a trailing twelve months EPS of $2.04.

PE Ratio

Schnitzer Steel Industries has a trailing twelve months price to earnings ratio of 15.74. Meaning, the purchaser of the share is investing $15.74 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 19.14%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 8, 2022, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 2.52%.

More news about Schnitzer Steel Industries.

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