PennyMac Mortgage Investment Trust, The RMR Group, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – PennyMac Mortgage Investment Trust (PMT), The RMR Group (RMR), Gray Communications Systems (GTN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
PennyMac Mortgage Investment Trust (PMT) 11.6% 2024-06-17 12:23:06
The RMR Group (RMR) 7.8% 2024-06-12 04:41:05
Gray Communications Systems (GTN) 6.5% 2024-06-15 16:55:12
EnLink Midstream, LLC (ENLC) 4.1% 2024-06-15 01:55:11
Bunge Limited Bunge Limited (BG) 2.64% 2024-06-14 01:12:06
Cracker Barrel Old Country Store (CBRL) 2.31% 2024-06-20 01:06:06

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. PennyMac Mortgage Investment Trust (PMT) – Dividend Yield: 11.6%

PennyMac Mortgage Investment Trust’s last close was $13.79, 13.22% below its 52-week high of $15.89. Intraday change was 0.22%.

PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. It operates through four segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production, and Corporate. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.

Earnings Per Share

As for profitability, PennyMac Mortgage Investment Trust has a trailing twelve months EPS of $1.52.

PE Ratio

PennyMac Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 9.09. Meaning, the purchaser of the share is investing $9.09 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 9.49%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 125% and a drop 27.5% for the next.

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2. The RMR Group (RMR) – Dividend Yield: 7.8%

The RMR Group’s last close was $23.17, 19.6% under its 52-week high of $28.82. Intraday change was 0.39%.

The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. The company provides management services to its four publicly traded real estate investment trusts and three real estate operating companies. It also provides investment advisory services. The company was formerly known as REIT Management & Research Inc. and changed its name to The RMR Group Inc. in September 2015. The RMR Group Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.

Earnings Per Share

As for profitability, The RMR Group has a trailing twelve months EPS of $2.71.

PE Ratio

The RMR Group has a trailing twelve months price to earnings ratio of 8.55. Meaning, the purchaser of the share is investing $8.55 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 24.51%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 19, 2024, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 7.8%.

Moving Average

The RMR Group’s value is below its 50-day moving average of $23.53 and below its 200-day moving average of $24.46.

Yearly Top and Bottom Value

The RMR Group’s stock is valued at $23.17 at 17:15 EST, way below its 52-week high of $28.82 and above its 52-week low of $21.60.

Volume

Today’s last reported volume for The RMR Group is 49591 which is 39.94% below its average volume of 82570.

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3. Gray Communications Systems (GTN) – Dividend Yield: 6.5%

Gray Communications Systems’s last close was $4.92, 53.98% under its 52-week high of $10.69. Intraday change was -3.72%.

Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve 113 television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Gray Communications Systems has a trailing twelve months EPS of $-0.12.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.59%.

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4. EnLink Midstream, LLC (ENLC) – Dividend Yield: 4.1%

EnLink Midstream, LLC’s last close was $12.94, 8.74% under its 52-week high of $14.18. Intraday change was -2.19%.

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $0.35.

PE Ratio

EnLink Midstream, LLC has a trailing twelve months price to earnings ratio of 36.97. Meaning, the purchaser of the share is investing $36.97 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 11.37%.

Moving Average

EnLink Midstream, LLC’s worth is under its 50-day moving average of $13.32 and above its 200-day moving average of $12.71.

Sales Growth

EnLink Midstream, LLC’s sales growth for the next quarter is 4.8%.

Yearly Top and Bottom Value

EnLink Midstream, LLC’s stock is valued at $12.94 at 17:15 EST, below its 52-week high of $14.18 and way higher than its 52-week low of $9.52.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 6.8B for the twelve trailing months.

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5. Bunge Limited Bunge Limited (BG) – Dividend Yield: 2.64%

Bunge Limited Bunge Limited’s last close was $103.14, 11.54% under its 52-week high of $116.59. Intraday change was -2.15%.

Bunge Limited operates as an agribusiness and food company worldwide. It operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Fertilizer, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains primarily wheat and corn; and vegetable oils and protein meals. It provides its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing companies; and for industrial and biodiesel production applications. The Edible Oil Products segment provides packaged and bulk oils and fats, including cooking oils, shortenings, margarines, mayonnaise, and others for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. The Milling Products segment offers wheat flours and bakery mixes; corn milling products that include dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; and whole grain and fiber ingredients. The Fertilizer segment offers nitrogen, phosphate, and potassium fertilizers; and SSP, ammonia, ammonium thiosulfate, monoammonium phosphate, diammonium phosphate, triple superphosphate, urea, urea-ammonium nitrate, ammonium sulfate, and potassium chloride. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. The company was founded in 1818 and is headquartered in St. Louis, Missouri.

Earnings Per Share

As for profitability, Bunge Limited Bunge Limited has a trailing twelve months EPS of $12.4.

PE Ratio

Bunge Limited Bunge Limited has a trailing twelve months price to earnings ratio of 8.32. Meaning, the purchaser of the share is investing $8.32 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 17.35%.

Moving Average

Bunge Limited Bunge Limited’s worth is below its 50-day moving average of $104.90 and above its 200-day moving average of $102.27.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 54.8% and a negative 29.1%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 19, 2024, the estimated forward annual dividend rate is 2.72 and the estimated forward annual dividend yield is 2.64%.

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6. Cracker Barrel Old Country Store (CBRL) – Dividend Yield: 2.31%

Cracker Barrel Old Country Store’s last close was $43.26, 56.13% under its 52-week high of $98.60. Intraday change was -3.78%.

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company's Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. The company's gift shops comprise various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, cookware, and various other gift items, as well as various candies, preserves, and other food items. As of September 14, 2022, it operated 664 Cracker Barrel stores in 45 states. The company was incorporated in 1969 and is headquartered in Lebanon, Tennessee.

Earnings Per Share

As for profitability, Cracker Barrel Old Country Store has a trailing twelve months EPS of $2.7.

PE Ratio

Cracker Barrel Old Country Store has a trailing twelve months price to earnings ratio of 16.02. Meaning, the purchaser of the share is investing $16.02 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 13.38%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cracker Barrel Old Country Store’s stock is considered to be overbought (>=80).

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