Prospect Capital Corporation, Comp Energetica De Minas Gerais, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Prospect Capital Corporation (PSEC), Comp Energetica de Minas Gerais (CIG), Gladstone Commercial Corporation (GOODN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Prospect Capital Corporation (PSEC) 12.86% 2024-07-11 11:49:07
Comp Energetica de Minas Gerais (CIG) 9.54% 2024-07-20 05:15:06
Gladstone Commercial Corporation (GOODN) 7.77% 2024-07-09 10:42:05
Provident Financial Services (PFS) 6.6% 2024-07-05 09:08:06
Blackrock MuniYield Pennsylvania Quality Fund (MPA) 6.32% 2024-07-04 15:48:06
Steelcase (SCS) 3.09% 2024-07-05 20:23:06

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. Prospect Capital Corporation (PSEC) – Dividend Yield: 12.86%

Prospect Capital Corporation’s last close was $5.60, 16.29% under its 52-week high of $6.69. Intraday change was -0.27%.

Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, senior and secured term loans, unitranche debt, first-lien and second lien, private debt, private equity, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. It also focuses on investing in small-sized and medium-sized private companies rather than large public companies. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. It fund also co-invests for larger deals. The fund seeks control acquisitions by providing multiple levels of the capital structure. The fund focuses on sole, agented, club, or syndicated deals.

Earnings Per Share

As for profitability, Prospect Capital Corporation has a trailing twelve months EPS of $0.3.

PE Ratio

Prospect Capital Corporation has a trailing twelve months price to earnings ratio of 18.62. Meaning, the purchaser of the share is investing $18.62 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 4.62%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jul 29, 2024, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 12.86%.

Volume

Today’s last reported volume for Prospect Capital Corporation is 834992 which is 46.87% below its average volume of 1571800.

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2. Comp Energetica de Minas Gerais (CIG) – Dividend Yield: 9.54%

Comp Energetica de Minas Gerais’s last close was $1.86, 12.07% below its 52-week high of $2.12. Intraday change was -3.63%.

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

Earnings Per Share

As for profitability, Comp Energetica de Minas Gerais has a trailing twelve months EPS of $0.37.

PE Ratio

Comp Energetica de Minas Gerais has a trailing twelve months price to earnings ratio of 5.03. Meaning, the purchaser of the share is investing $5.03 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 22.9%.

Volume

Today’s last reported volume for Comp Energetica de Minas Gerais is 1333810 which is 28.8% below its average volume of 1873390.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 37.26B for the twelve trailing months.

Moving Average

Comp Energetica de Minas Gerais’s value is below its 50-day moving average of $1.90 and higher than its 200-day moving average of $1.84.

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3. Gladstone Commercial Corporation (GOODN) – Dividend Yield: 7.77%

Gladstone Commercial Corporation’s last close was $21.31, 13.58% below its 52-week high of $24.66. Intraday change was -0.33%.

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.

Earnings Per Share

As for profitability, Gladstone Commercial Corporation has a trailing twelve months EPS of $-0.03.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.56%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 1.66 and the estimated forward annual dividend yield is 7.77%.

More news about Gladstone Commercial Corporation.

4. Provident Financial Services (PFS) – Dividend Yield: 6.6%

Provident Financial Services’s last close was $14.54, 25.89% below its 52-week high of $19.62. Intraday change was -0.07%.

Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.

Earnings Per Share

As for profitability, Provident Financial Services has a trailing twelve months EPS of $1.6.

PE Ratio

Provident Financial Services has a trailing twelve months price to earnings ratio of 9.08. Meaning, the purchaser of the share is investing $9.08 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 7.19%.

Volume

Today’s last reported volume for Provident Financial Services is 42112 which is 96.59% below its average volume of 1237110.

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5. Blackrock MuniYield Pennsylvania Quality Fund (MPA) – Dividend Yield: 6.32%

Blackrock MuniYield Pennsylvania Quality Fund’s last close was $12.54, 2.18% below its 52-week high of $12.82. Intraday change was -0.79%.

BlackRock MuniYield Pennsylvania Quality Fund is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes. The fund also invests in short-term investments and other bonds. BlackRock MuniYield Pennsylvania Quality Fund was formed in November 4, 1992 and is domiciled in United States.

Earnings Per Share

As for profitability, Blackrock MuniYield Pennsylvania Quality Fund has a trailing twelve months EPS of $0.23.

PE Ratio

Blackrock MuniYield Pennsylvania Quality Fund has a trailing twelve months price to earnings ratio of 54.52. Meaning, the purchaser of the share is investing $54.52 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 1.51%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 0.79 and the estimated forward annual dividend yield is 6.32%.

More news about Blackrock MuniYield Pennsylvania Quality Fund.

6. Steelcase (SCS) – Dividend Yield: 3.09%

Steelcase’s last close was $12.82, 11.83% below its 52-week high of $14.54. Intraday change was -0.93%.

Steelcase Inc. provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobile power, and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles and surface imaging products for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was incorporated in 1912 and is headquartered in Grand Rapids, Michigan.

Earnings Per Share

As for profitability, Steelcase has a trailing twelve months EPS of $0.76.

PE Ratio

Steelcase has a trailing twelve months price to earnings ratio of 16.87. Meaning, the purchaser of the share is investing $16.87 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 10.63%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jul 3, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 3.09%.

More news about Steelcase.

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