Plains Group Holdings, L.P., First Interstate BancSystem, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Plains Group Holdings, L.P. (PAGP), First Interstate BancSystem (FIBK), Medallion Financial Corp. (MFIN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Plains Group Holdings, L.P. (PAGP) 7.3% 2024-06-17 07:23:06
First Interstate BancSystem (FIBK) 7.24% 2024-06-21 05:13:06
Medallion Financial Corp. (MFIN) 4.82% 2024-06-10 23:09:06
Pinnacle West Capital Corporation (PNW) 4.6% 2024-06-17 13:11:05

Close to 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. Plains Group Holdings, L.P. (PAGP) – Dividend Yield: 7.3%

Plains Group Holdings, L.P.’s last close was $17.40, 11.99% below its 52-week high of $19.77. Intraday change was -1.36%.

Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). The company engages in the transportation of crude oil and NGLs on pipelines, gathering systems, and trucks. It engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. The company offers logistics services to producers, refiners, and other customers. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was incorporated in 2013 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Plains Group Holdings, L.P. has a trailing twelve months EPS of $0.87.

PE Ratio

Plains Group Holdings, L.P. has a trailing twelve months price to earnings ratio of 20. Meaning, the purchaser of the share is investing $20 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 8.89%.

Moving Average

Plains Group Holdings, L.P.’s worth is below its 50-day moving average of $18.35 and higher than its 200-day moving average of $16.84.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 30, 2024, the estimated forward annual dividend rate is 1.27 and the estimated forward annual dividend yield is 7.3%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.8%, now sitting on 48.37B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 12% and 120%, respectively.

More news about Plains Group Holdings, L.P..

2. First Interstate BancSystem (FIBK) – Dividend Yield: 7.24%

First Interstate BancSystem’s last close was $25.96, 20.22% under its 52-week high of $32.54. Intraday change was 0.12%.

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.

PE Ratio

First Interstate BancSystem has a trailing twelve months price to earnings ratio of 10.34. Meaning, the purchaser of the share is investing $10.34 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 8.15%.

Yearly Top and Bottom Value

First Interstate BancSystem’s stock is valued at $25.96 at 17:15 EST, way under its 52-week high of $32.54 and way above its 52-week low of $20.81.

More news about First Interstate BancSystem.

3. Medallion Financial Corp. (MFIN) – Dividend Yield: 4.82%

Medallion Financial Corp.’s last close was $8.28, 21.07% under its 52-week high of $10.49. Intraday change was 0%.

Medallion Financial Corp., together with its subsidiaries, operates as a specialty finance company in the United States. It operates in four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Taxi Medallion Lending. The company offers loans that finance consumer purchases of recreational vehicles, boats, and other consumer recreational equipment; consumer financing for window, siding, and roof replacement, swimming pool installations, and other home improvement projects; senior and subordinated loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and taxi medallion loans to individuals and small to mid-size businesses. It also provides debt, mezzanine, and equity investment capital to companies in various commercial industries; and raises deposits and conducts other banking activities. Medallion Financial Corp. was incorporated in 1995 and is headquartered in New York City, New York.

Earnings Per Share

As for profitability, Medallion Financial Corp. has a trailing twelve months EPS of $2.12.

PE Ratio

Medallion Financial Corp. has a trailing twelve months price to earnings ratio of 3.91. Meaning, the purchaser of the share is investing $3.91 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 14.07%.

More news about Medallion Financial Corp..

4. Pinnacle West Capital Corporation (PNW) – Dividend Yield: 4.6%

Pinnacle West Capital Corporation’s last close was $76.49, 11.09% below its 52-week high of $86.03. Intraday change was 0.08%.

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Pinnacle West Capital Corporation has a trailing twelve months EPS of $4.59.

PE Ratio

Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 16.68. Meaning, the purchaser of the share is investing $16.68 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 8.64%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.7%, now sitting on 4.7B for the twelve trailing months.

More news about Pinnacle West Capital Corporation.

Leave a Reply

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