Prospect Capital Corporation, Public Service Enterprise Group, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Prospect Capital Corporation (PSEC), Public Service Enterprise Group (PEG), NBT Bancorp (NBTB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Prospect Capital Corporation (PSEC) 11.34% 2023-08-08 01:07:07
Public Service Enterprise Group (PEG) 3.61% 2023-08-07 13:20:52
NBT Bancorp (NBTB) 3.23% 2023-08-07 07:12:07
First Community Corporation (FCCO) 2.86% 2023-08-04 09:06:08

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. Prospect Capital Corporation (PSEC) – Dividend Yield: 11.34%

Prospect Capital Corporation’s last close was $6.35, 22.47% under its 52-week high of $8.19. Intraday change was 0.32%.

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 $-0.56.

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 -3.16%.

More news about Prospect Capital Corporation.

2. Public Service Enterprise Group (PEG) – Dividend Yield: 3.61%

Public Service Enterprise Group’s last close was $60.50, 13.5% below its 52-week high of $69.94. Intraday change was 0.26%.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2022, it had electric transmission and distribution system of 25,000 circuit miles and 864,000 poles; 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.

Earnings Per Share

As for profitability, Public Service Enterprise Group has a trailing twelve months EPS of $4.64.

PE Ratio

Public Service Enterprise Group has a trailing twelve months price to earnings ratio of 13.09. Meaning, the purchaser of the share is investing $13.09 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 16.38%.

Volume

Today’s last reported volume for Public Service Enterprise Group is 879576 which is 63.27% below its average volume of 2395110.

Sales Growth

Public Service Enterprise Group’s sales growth is negative 6% for the ongoing quarter and 2.5% for the next.

Yearly Top and Bottom Value

Public Service Enterprise Group’s stock is valued at $60.76 at 03:15 EST, way under its 52-week high of $69.94 and way above its 52-week low of $52.51.

Revenue Growth

Year-on-year quarterly revenue growth grew by 62.3%, now sitting on 11.24B for the twelve trailing months.

More news about Public Service Enterprise Group.

3. NBT Bancorp (NBTB) – Dividend Yield: 3.23%

NBT Bancorp’s last close was $37.19, 23.6% below its 52-week high of $48.68. Intraday change was 0.11%.

NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

Earnings Per Share

As for profitability, NBT Bancorp has a trailing twelve months EPS of $3.4.

PE Ratio

NBT Bancorp has a trailing twelve months price to earnings ratio of 10.94. Meaning, the purchaser of the share is investing $10.94 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 11.57%.

Volatility

NBT Bancorp’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.28%, a positive 0.76%, and a positive 1.74%.

NBT Bancorp’s highest amplitude of average volatility was 0.37% (last week), 1.30% (last month), and 1.74% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NBT Bancorp’s stock is considered to be oversold (<=20).

More news about NBT Bancorp.

4. First Community Corporation (FCCO) – Dividend Yield: 2.86%

First Community Corporation’s last close was $19.64, 11.73% below its 52-week high of $22.25. Intraday change was 0.46%.

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that consist of secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides other banking services, which include online banking, internet banking, cash management, safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. It operates 21 full-service offices located in the Lexington County, Richland County, Newberry County, Kershaw County, Greenville County, Anderson County, Pickens County, and Aiken County, South Carolina; and Richmond County and Columbia County, Georgia. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.

Earnings Per Share

As for profitability, First Community Corporation has a trailing twelve months EPS of $1.94.

PE Ratio

First Community Corporation has a trailing twelve months price to earnings ratio of 10.17. Meaning, the purchaser of the share is investing $10.17 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 12.23%.

Yearly Top and Bottom Value

First Community Corporation’s stock is valued at $19.73 at 03:15 EST, way below its 52-week high of $22.25 and way above its 52-week low of $16.30.

Moving Average

First Community Corporation’s worth is way above its 50-day moving average of $17.85 and higher than its 200-day moving average of $19.36.

More news about First Community Corporation.

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