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Prudential Short Duration High Yield Fund, CrossAmerica Partners LP, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Prudential Short Duration High Yield Fund (ISD), CrossAmerica Partners LP (CAPL), Sandy Spring Bancorp (SASR) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Prudential Short Duration High Yield Fund (ISD) 11.28% 2024-02-11 21:09:06
CrossAmerica Partners LP (CAPL) 9.4% 2024-02-10 07:47:06
Sandy Spring Bancorp (SASR) 6% 2024-02-19 17:06:06
Star Gas Partners, L.P. (SGU) 5.74% 2024-02-13 19:13:05
Black Hills Corporation (BKH) 5.04% 2024-02-10 04:17:05
Safety Insurance Group (SAFT) 4.13% 2024-02-19 16:23:05
ESSA Bancorp (ESSA) 3.22% 2024-02-16 21:15:06
Cummins (CMI) 2.55% 2024-02-25 03:18:55
Astrazeneca (AZN) 2.2% 2024-02-25 03:15:13

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. Prudential Short Duration High Yield Fund (ISD) – Dividend Yield: 11.28%

Prudential Short Duration High Yield Fund’s last close was $12.71, 1.24% below its 52-week high of $12.87. Intraday change was -0.31%.

Prudential Short Duration High Yield Fund, Inc. is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services). It seeks to invest in securities across all maturities, while attempting to maintain a weighted average portfolio duration of three years or less. The fund employs fundamental analysis to make its investments. It does not invest in municipal debt obligations, asset backed securities, or mortgage backed securities. Prudential Short Duration High Yield Fund, Inc. was formed on April 30, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Prudential Short Duration High Yield Fund has a trailing twelve months EPS of $0.61.

PE Ratio

Prudential Short Duration High Yield Fund has a trailing twelve months price to earnings ratio of 20.84. Meaning, the purchaser of the share is investing $20.84 for every dollar of annual earnings.

Moving Average

Prudential Short Duration High Yield Fund’s value is above its 50-day moving average of $12.46 and above its 200-day moving average of $12.16.

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2. CrossAmerica Partners LP (CAPL) – Dividend Yield: 9.4%

CrossAmerica Partners LP’s last close was $22.34, 7.65% under its 52-week high of $24.19. Intraday change was -0.4%.

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of March 1, 2021, the company distributed fuel to approximately 1,700 locations; and owned or leased approximately 1,100 sites. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. CrossAmerica Partners LP was founded in 1992 and is based in Allentown, Pennsylvania.

Earnings Per Share

As for profitability, CrossAmerica Partners LP has a trailing twelve months EPS of $1.06.

PE Ratio

CrossAmerica Partners LP has a trailing twelve months price to earnings ratio of 21.08. Meaning, the purchaser of the share is investing $21.08 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 65.07%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 48.8% and positive 400% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

CrossAmerica Partners LP’s EBITDA is 40.18.

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3. Sandy Spring Bancorp (SASR) – Dividend Yield: 6%

Sandy Spring Bancorp’s last close was $22.68, 34.01% below its 52-week high of $34.37. Intraday change was -1.78%.

Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities, such as commercial, personal, and medical liability lines. The Investment Management segment offers investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. It also provides personal trust and wealth management services. The company operates a network of approximately 50 locations in Maryland, Northern Virginia, and Washington D.C. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.

Earnings Per Share

As for profitability, Sandy Spring Bancorp has a trailing twelve months EPS of $2.73.

PE Ratio

Sandy Spring Bancorp has a trailing twelve months price to earnings ratio of 8.31. Meaning, the purchaser of the share is investing $8.31 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%.

Volume

Today’s last reported volume for Sandy Spring Bancorp is 190323 which is 3.71% below its average volume of 197660.

Yearly Top and Bottom Value

Sandy Spring Bancorp’s stock is valued at $22.68 at 19:15 EST, way below its 52-week high of $34.37 and way above its 52-week low of $19.27.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.7%, now sitting on 439.19M for the twelve trailing months.

More news about Sandy Spring Bancorp.

4. Star Gas Partners, L.P. (SGU) – Dividend Yield: 5.74%

Star Gas Partners, L.P.’s last close was $10.76, 29.3% under its 52-week high of $15.22. Intraday change was -4.95%.

Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis, as well as provide plumbing services; and installs maintains, and repairs heating and air conditioning equipment. As of September 30, 2022, the company served approximately 415,900 full service residential and commercial home heating oil and propane customers and 75,900 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers. Kestrel Heat, LLC operates as the general partner of the company. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.

Earnings Per Share

As for profitability, Star Gas Partners, L.P. has a trailing twelve months EPS of $0.8.

PE Ratio

Star Gas Partners, L.P. has a trailing twelve months price to earnings ratio of 13.45. Meaning, the purchaser of the share is investing $13.45 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 11.78%.

More news about Star Gas Partners, L.P..

5. Black Hills Corporation (BKH) – Dividend Yield: 5.04%

Black Hills Corporation’s last close was $51.62, 22.78% below its 52-week high of $66.85. Intraday change was 0.72%.

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through four segments: Electric Utilities, Gas Utilities, Power Generation, and Mining. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 216,000 electric customers in Colorado, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 992 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,083,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,774 miles of intrastate gas transmission pipelines; 41,838 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 49,000 horsepower of compression and 560 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal-fired generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

Earnings Per Share

As for profitability, Black Hills Corporation has a trailing twelve months EPS of $3.91.

PE Ratio

Black Hills Corporation has a trailing twelve months price to earnings ratio of 13.2. Meaning, the purchaser of the share is investing $13.2 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 8.69%.

More news about Black Hills Corporation.

6. Safety Insurance Group (SAFT) – Dividend Yield: 4.13%

Safety Insurance Group’s last close was $87.16, 1.76% under its 52-week high of $88.72. Intraday change was 0.4%.

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella and business owner policies, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, Safety Insurance Group has a trailing twelve months EPS of $2.12.

PE Ratio

Safety Insurance Group has a trailing twelve months price to earnings ratio of 41.11. Meaning, the purchaser of the share is investing $41.11 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 4.02%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 3.6 and the estimated forward annual dividend yield is 4.13%.

More news about Safety Insurance Group.

7. ESSA Bancorp (ESSA) – Dividend Yield: 3.22%

ESSA Bancorp’s last close was $18.65, 10.64% below its 52-week high of $20.87. Intraday change was 0.05%.

ESSA Bancorp, Inc. operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts. Its loan portfolio includes first mortgage loans for the purchase, construction, or refinancing of one- to four-family residential real estate property; commercial real estate loans; home equity loans and lines of credit; and commercial and other consumer loans, as well as loans secured by deposits and personal unsecured loans. In addition, the company offers insurance benefits consulting services, such as health insurance, life insurance, short term and long term disability, dental, vision, 401(K) retirement planning, and individual health products, as well as asset management and trust, and investment services. As of September 30, 2021, it operated 21 community offices, including seven offices in Monroe County, three offices in Lehigh County, five offices in Northampton County, one office in Lackawanna County, one office in Luzerne County, one office in Chester County, two offices in Delaware County, and one office in Montgomery County, Pennsylvania. The company was founded in 1916 and is headquartered in Stroudsburg, Pennsylvania.

Earnings Per Share

As for profitability, ESSA Bancorp has a trailing twelve months EPS of $1.86.

PE Ratio

ESSA Bancorp has a trailing twelve months price to earnings ratio of 10.03. Meaning, the purchaser of the share is investing $10.03 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 8.26%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 14, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 3.22%.

More news about ESSA Bancorp.

8. Cummins (CMI) – Dividend Yield: 2.55%

Cummins’s last close was $263.97, 2.12% below its 52-week high of $269.70. Intraday change was 0.14%.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines. It provides power generation systems, horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, and electric power generation systems, and batteries. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Earnings Per Share

As for profitability, Cummins has a trailing twelve months EPS of $5.15.

PE Ratio

Cummins has a trailing twelve months price to earnings ratio of 51.12. Meaning, the purchaser of the share is investing $51.12 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 8.35%.

More news about Cummins.

9. Astrazeneca (AZN) – Dividend Yield: 2.2%

Astrazeneca’s last close was $64.13, 16.24% below its 52-week high of $76.56. Intraday change was 2.59%.

AstraZeneca PLC, a biopharmaceutical company, focuses on the discovery, development, manufacture, and commercialization of prescription medicines. The company's marketed products include Tagrisso, Imfinzi, Lynparza, Calquence, Enhertu, Orpathys, Truqap, Zoladex, Faslodex, Farxiga, Brilinta, Lokelma, Roxadustat, Andexxa, Crestor, Seloken, Onglyza, Bydureon, Fasenra, Breztri, Symbicort, Saphnelo, Tezspire, Pulmicort, Bevespi, and Daliresp for cardiovascular, renal, metabolism, and oncology. Its marketed products also comprise Vaxzevria, Beyfortus, Synagis, FluMist, Soliris, Ultomiris, Strensiq, Koselugo, and Kanuma for covid-19 and rare disease. The company serves primary care and specialty care physicians through distributors and local representative offices in the United Kingdom, rest of Europe, the Americas, Asia, Africa, and Australasia. It has a collaboration agreement with Neurimmune AG to develop and commercialize NI006. The company was formerly known as Zeneca Group PLC and changed its name to AstraZeneca PLC in April 1999. AstraZeneca PLC was incorporated in 1992 and is headquartered in Cambridge, the United Kingdom.

Earnings Per Share

As for profitability, Astrazeneca has a trailing twelve months EPS of $1.9.

PE Ratio

Astrazeneca has a trailing twelve months price to earnings ratio of 34.63. Meaning, the purchaser of the share is investing $34.63 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 15.64%.

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