OFS Capital Corporation, Great Elm Capital Corp., Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – OFS Capital Corporation (OFS), Great Elm Capital Corp. (GECC), Alliance Resource Partners, L.P. (ARLP) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
OFS Capital Corporation (OFS) 14.74% 2024-06-23 01:17:05
Great Elm Capital Corp. (GECC) 13.69% 2024-06-27 15:48:05
Alliance Resource Partners, L.P. (ARLP) 11.69% 2024-06-19 09:14:05
Provident Financial Holdings (PROV) 4.51% 2024-06-23 11:10:05
Lamar Advertising Company (LAMR) 4.43% 2024-06-22 07:43:06
Ares Management L.P. (ARES) 2.79% 2024-07-01 15:49:10
Middlesex Water Company (MSEX) 2.53% 2024-06-22 19:09:06

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. OFS Capital Corporation (OFS) – Dividend Yield: 14.74%

OFS Capital Corporation’s last close was $9.23, 25.8% below its 52-week high of $12.44. Intraday change was -2.17%.

OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $5 million and $35 million, revenues between $10 million and $200 million, annual EBITDA more than $5 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second-lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority as well as majority stake in the investments made. It also co-invests with its partners for additional capital.

Earnings Per Share

As for profitability, OFS Capital Corporation has a trailing twelve months EPS of $-0.99.

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 -8.12%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 0.3%, now sitting on 56.89M for the twelve trailing months.

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2. Great Elm Capital Corp. (GECC) – Dividend Yield: 13.69%

Great Elm Capital Corp.’s last close was $10.23, 13.45% below its 52-week high of $11.82. Intraday change was 5.28%.

Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.

Earnings Per Share

As for profitability, Great Elm Capital Corp. has a trailing twelve months EPS of $2.21.

PE Ratio

Great Elm Capital Corp. has a trailing twelve months price to earnings ratio of 4.87. Meaning, the purchaser of the share is investing $4.87 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 15.99%.

Yearly Top and Bottom Value

Great Elm Capital Corp.’s stock is valued at $10.77 at 03:15 EST, under its 52-week high of $11.82 and way above its 52-week low of $7.65.

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3. Alliance Resource Partners, L.P. (ARLP) – Dividend Yield: 11.69%

Alliance Resource Partners, L.P.’s last close was $23.96, 6.15% below its 52-week high of $25.53. Intraday change was 2%.

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. It produces a range of thermal and metallurgical coal with sulfur and heat contents. The company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, it leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and buys and resells coal, as well as owns mineral and royalty interests in approximately 1.5 million gross acres of oil and gas producing regions primarily in the Permian, Anadarko, and Williston Basins. Further, the company offers various mining technology products and services, including data network, communication and tracking systems, mining proximity detection systems, industrial collision avoidance systems, and data and analytics software. As of December 31, 2021, it had approximately 547.1 million tons of proven and probable coal mineral reserves, as well as 1.17 billion tons of measured, indicated, and inferred coal mineral resources in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, Alliance Resource Partners, L.P. has a trailing twelve months EPS of $4.57.

PE Ratio

Alliance Resource Partners, L.P. has a trailing twelve months price to earnings ratio of 5.24. Meaning, the purchaser of the share is investing $5.24 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 33.24%.

Moving Average

Alliance Resource Partners, L.P.’s value is above its 50-day moving average of $22.71 and way above its 200-day moving average of $21.41.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 11.69%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 28.5% and a negative 28%, respectively.

More news about Alliance Resource Partners, L.P..

4. Provident Financial Holdings (PROV) – Dividend Yield: 4.51%

Provident Financial Holdings’s last close was $12.65, 17.86% under its 52-week high of $15.40. Intraday change was 1.28%.

Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. Its deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans. The company also offers investment services comprising the sale of investment products, such as annuities and mutual funds; and trustee services for real estate transactions. It operates through 12 full-service banking offices in Riverside County and one full-service banking office in San Bernardino County. The company was founded in 1956 and is based in Riverside, California.

Earnings Per Share

As for profitability, Provident Financial Holdings has a trailing twelve months EPS of $1.02.

PE Ratio

Provident Financial Holdings has a trailing twelve months price to earnings ratio of 12.4. Meaning, the purchaser of the share is investing $12.4 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 5.57%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 15, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 4.51%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9.1%, now sitting on 39.42M for the twelve trailing months.

Sales Growth

Provident Financial Holdings’s sales growth is negative 9.1% for the current quarter and negative 2.6% for the next.

Yearly Top and Bottom Value

Provident Financial Holdings’s stock is valued at $12.65 at 03:15 EST, way under its 52-week high of $15.40 and way higher than its 52-week low of $10.16.

More news about Provident Financial Holdings.

5. Lamar Advertising Company (LAMR) – Dividend Yield: 4.43%

Lamar Advertising Company’s last close was $117.31, 4.02% under its 52-week high of $122.22. Intraday change was 2.02%.

Lamar Advertising Company operates as an outdoor advertising company in North America. It operates approximately 363,000 displays across the United States and Canada. It offers advertisers a range of billboard, interstate logo, transit, and airport advertising formats helping local businesses and national brands. The company was founded in 1902 and is based in Baton Rouge, Louisiana.

Earnings Per Share

As for profitability, Lamar Advertising Company has a trailing twelve months EPS of $4.87.

PE Ratio

Lamar Advertising Company has a trailing twelve months price to earnings ratio of 24.09. Meaning, the purchaser of the share is investing $24.09 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 42.58%.

More news about Lamar Advertising Company.

6. Ares Management L.P. (ARES) – Dividend Yield: 2.79%

Ares Management L.P.’s last close was $133.28, 11.22% below its 52-week high of $150.12. Intraday change was 2.19%.

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

Earnings Per Share

As for profitability, Ares Management L.P. has a trailing twelve months EPS of $2.27.

PE Ratio

Ares Management L.P. has a trailing twelve months price to earnings ratio of 60. Meaning, the purchaser of the share is investing $60 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 24.05%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 3.72 and the estimated forward annual dividend yield is 2.79%.

Sales Growth

Ares Management L.P.’s sales growth is 13% for the ongoing quarter and 26% for the next.

Yearly Top and Bottom Value

Ares Management L.P.’s stock is valued at $136.20 at 03:15 EST, below its 52-week high of $150.12 and way above its 52-week low of $92.95.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 11.1% and 22.9%, respectively.

More news about Ares Management L.P..

7. Middlesex Water Company (MSEX) – Dividend Yield: 2.53%

Middlesex Water Company’s last close was $51.40, 39.06% under its 52-week high of $84.35. Intraday change was -0.46%.

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

Earnings Per Share

As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.02.

PE Ratio

Middlesex Water Company has a trailing twelve months price to earnings ratio of 25.45. Meaning, the purchaser of the share is investing $25.45 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 8.7%.

Sales Growth

Middlesex Water Company’s sales growth is 15.4% for the ongoing quarter and 14.6% for the next.

Yearly Top and Bottom Value

Middlesex Water Company’s stock is valued at $51.40 at 03:15 EST, way under its 52-week high of $84.35 and way above its 52-week low of $45.42.

Volume

Today’s last reported volume for Middlesex Water Company is 312690 which is 177.25% above its average volume of 112779.

More news about Middlesex Water Company.

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