Headlines

Petroleo Brasileiro, Western Asset Managed Municipals Fund, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Petroleo Brasileiro (PBR), Western Asset Managed Municipals Fund (MMU), Huntsman Corporation (HUN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Petroleo Brasileiro (PBR) 11.24% 2024-06-16 03:18:51
Western Asset Managed Municipals Fund (MMU) 6.34% 2024-06-16 16:17:06
Huntsman Corporation (HUN) 4.3% 2024-06-15 22:55:11
Cathay General Bancorp (CATY) 3.69% 2024-06-02 01:11:05
American Water Works (AWK) 2.37% 2024-06-16 03:20:12

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. Petroleo Brasileiro (PBR) – Dividend Yield: 11.24%

Petroleo Brasileiro’s last close was $13.59, 24.12% under its 52-week high of $17.91. Intraday change was -1.75%.

Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, acquisition, and exports of crude oil; and production of fertilizers, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; renewable energy businesses; low carbon services; and natural gas processing business, as well as production of biodiesel and its co-products. The company also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. In addition, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. – Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.

Earnings Per Share

As for profitability, Petroleo Brasileiro has a trailing twelve months EPS of $3.82.

PE Ratio

Petroleo Brasileiro has a trailing twelve months price to earnings ratio of 4.12. Meaning, the purchaser of the share is investing $4.12 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 27.21%.

Volume

Today’s last reported volume for Petroleo Brasileiro is 21750200 which is 7.32% above its average volume of 20265300.

More news about Petroleo Brasileiro.

2. Western Asset Managed Municipals Fund (MMU) – Dividend Yield: 6.34%

Western Asset Managed Municipals Fund’s last close was $10.32, 1.24% under its 52-week high of $10.45. Intraday change was 0.58%.

Western Asset Managed Municipals Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax. It invests primarily in investment grade municipal securities. The fund employs intensive proprietary research to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Municipal Bond Index. The fund was formerly known as Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc. was formed on June 26, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Managed Municipals Fund has a trailing twelve months EPS of $0.44.

PE Ratio

Western Asset Managed Municipals Fund has a trailing twelve months price to earnings ratio of 23.45. Meaning, the purchaser of the share is investing $23.45 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 4.69%.

Volume

Today’s last reported volume for Western Asset Managed Municipals Fund is 146196 which is 0.6% above its average volume of 145315.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 21, 2024, the estimated forward annual dividend rate is 0.65 and the estimated forward annual dividend yield is 6.34%.

Moving Average

Western Asset Managed Municipals Fund’s worth is higher than its 50-day moving average of $10.09 and higher than its 200-day moving average of $9.83.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.6%, now sitting on 32.02M for the twelve trailing months.

More news about Western Asset Managed Municipals Fund.

3. Huntsman Corporation (HUN) – Dividend Yield: 4.3%

Huntsman Corporation’s last close was $23.26, 22.21% under its 52-week high of $29.90. Intraday change was -2.64%.

Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates through four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyols, thermoplastic polyurethane, propylene oxide, and methyl tertiary-butyl ether products. The Performance Products segment manufactures amines and maleic anhydrides, including ethylene oxide, propylene oxide, glycols, ethylene dichloride, caustic soda, ammonia, hydrogen, methylamines, and acrylonitrile. The Advanced Materials segment offers epoxy, acrylic, polyurethane, and acrylonitrile-butadiene-based polymer formulations; high performance thermoset resins, curing agents and toughening agents, and carbon nanotubes additives; and base liquid and solid resins. The Textile Effects segment provides textile chemicals and dyes. The company's products are used in a range of applications, including adhesives, aerospace, automotive, construction products, durable and non-durable consumer products, electronics, insulation, medical, packaging, coatings and construction, power generation, refining, synthetic fiber, textile chemicals, and dye industries. Huntsman Corporation was founded in 1970 and is headquartered in The Woodlands, Texas.

Earnings Per Share

As for profitability, Huntsman Corporation has a trailing twelve months EPS of $-0.45.

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 -0.68%.

More news about Huntsman Corporation.

4. Cathay General Bancorp (CATY) – Dividend Yield: 3.69%

Cathay General Bancorp’s last close was $36.84, 19.42% below its 52-week high of $45.72. Intraday change was 1.21%.

Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Cathay General Bancorp has a trailing twelve months EPS of $4.52.

PE Ratio

Cathay General Bancorp has a trailing twelve months price to earnings ratio of 8.15. Meaning, the purchaser of the share is investing $8.15 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 12.39%.

Volume

Today’s last reported volume for Cathay General Bancorp is 334888 which is 10.4% below its average volume of 373790.

More news about Cathay General Bancorp.

5. American Water Works (AWK) – Dividend Yield: 2.37%

American Water Works’s last close was $129.30, 14.5% under its 52-week high of $151.22. Intraday change was -1.06%.

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides water and wastewater services on military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 540 groundwater treatment plants; 175 wastewater treatment plants; 53,700 miles of transmission, distribution, and collection mains and pipes; 1,200 groundwater wells; 1,700 water and wastewater pumping stations; 1,100 treated water storage facilities; and 74 dams. The company was founded in 1886 and is headquartered in Camden, New Jersey.

Earnings Per Share

As for profitability, American Water Works has a trailing twelve months EPS of $4.9.

PE Ratio

American Water Works has a trailing twelve months price to earnings ratio of 23.79. Meaning, the purchaser of the share is investing $23.79 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 9.81%.

Sales Growth

American Water Works’s sales growth for the next quarter is 6%.

More news about American Water Works.

Leave a Reply

Your email address will not be published. Required fields are marked *