Rio Tinto, United Bankshares, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Rio Tinto (RIO), United Bankshares (UBSI), Novartis AG (NVS) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Rio Tinto (RIO) 8.02% 2023-05-16 14:51:07
United Bankshares (UBSI) 4.92% 2023-05-11 23:12:06
Novartis AG (NVS) 3.39% 2023-05-16 13:43:29
Hamilton Lane Incorporated (HLNE) 2.49% 2023-05-15 01:23:08
American Financial Group (AFG) 2.05% 2023-04-30 21:23:08

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. Rio Tinto (RIO) – Dividend Yield: 8.02%

Rio Tinto’s last close was $61.41, 23.73% below its 52-week high of $80.52. Intraday change was -2.43%.

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. It offers aluminum, copper, iron ore, diamonds, gold, borates, titanium dioxide, salt, silver, molybdenum, and lithium. The company also owns and operates open pit and underground mines, refineries, smelters, and concentrator facilities, as well as power stations, research, and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, Rio Tinto has a trailing twelve months EPS of $7.62.

PE Ratio

Rio Tinto has a trailing twelve months price to earnings ratio of 8.06. Meaning, the purchaser of the share is investing $8.06 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 24.02%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 4.92 and the estimated forward annual dividend yield is 8.02%.

Moving Average

Rio Tinto’s value is under its 50-day moving average of $66.36 and under its 200-day moving average of $65.01.

Volume

Today’s last reported volume for Rio Tinto is 2382900 which is 31.9% below its average volume of 3499350.

Volatility

Rio Tinto’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.15%, a negative 0.55%, and a positive 1.73%.

Rio Tinto’s highest amplitude of average volatility was 1.81% (last week), 1.60% (last month), and 1.73% (last quarter).

More news about Rio Tinto.

2. United Bankshares (UBSI) – Dividend Yield: 4.92%

United Bankshares’s last close was $28.07, 36.42% under its 52-week high of $44.15. Intraday change was -3.04%.

United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, credit card, commercial, and floor plan loans; and credit card and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. As of January 28, 2021, the company operated 230 offices in West Virginia, Virginia, Ohio, Pennsylvania, Maryland, North Carolina, South Carolina, Georgia, and Washington, D.C. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.

Earnings Per Share

As for profitability, United Bankshares has a trailing twelve months EPS of $2.9.

PE Ratio

United Bankshares has a trailing twelve months price to earnings ratio of 9.68. Meaning, the purchaser of the share is investing $9.68 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 8.61%.

Sales Growth

United Bankshares’s sales growth is 2.8% for the ongoing quarter and 0.4% for the next.

More news about United Bankshares.

3. Novartis AG (NVS) – Dividend Yield: 3.39%

Novartis AG’s last close was $102.81, 2.61% under its 52-week high of $105.56. Intraday change was -0.15%.

Novartis AG researches, develops, manufactures, and markets healthcare products in Switzerland and internationally. The company operates through two segments: Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and physicians. It also provides cardiovascular, ophthalmology, neuroscience, immunology, hematology, and solid tumor products. The Sandoz segment develops, manufactures, and markets finished dosage forms of small molecule pharmaceuticals to third parties. It also provides protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services; and anti-infectives, such as active pharmaceutical ingredients and intermediates primarily antibiotics. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.

Earnings Per Share

As for profitability, Novartis AG has a trailing twelve months EPS of $3.26.

PE Ratio

Novartis AG has a trailing twelve months price to earnings ratio of 31.59. Meaning, the purchaser of the share is investing $31.59 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 12.35%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 3.5 and the estimated forward annual dividend yield is 3.39%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Novartis AG’s stock is considered to be overbought (>=80).

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 52.22B for the twelve trailing months.

More news about Novartis AG.

4. Hamilton Lane Incorporated (HLNE) – Dividend Yield: 2.49%

Hamilton Lane Incorporated’s last close was $64.19, 20.98% below its 52-week high of $81.23. Intraday change was -0.63%.

Hamilton Lane Incorporated is an investment firm specializing in direct and fund of fund investments. It provides following services: separate accounts (customized to each individual client and structured as single client vehicles); specialized strategies (fund-of-funds, secondaries, co-investments, taft-hartley, distribution management); advisory relationships (including due diligence, strategic portfolio planning, monitoring and reporting services); and reporting and analytics solutions. For direct investments, the firm invests in early, mid and late venture, mature companies, growth equity, emerging growth, distressed debt, later stage, turnarounds, bridge financing, mezzanine financing, and buyouts in middle market companies. For fund of fund investments, it invests in mezzanine, venture capital, private equity, turnaround, secondary investments, real estate, and special situation funds. The firm invests in real estate investments. It also invest in technology, healthcare, education, natural resources, energy and essential consumer goods sectors, cleantech, and environment, community development, and financial empowerment. It invests in private equity markets in North America, Latin America, United States, Western Europe, Middle East, Africa, United Kingdom, Asia, Japan, and Australia. The firm prefer to invest $1 million to $100 million in companies. It prefers to have majority stake in companies. Hamilton Lane Incorporated was founded in 1991 and is based in Philadelphia, Pennsylvania with additional offices across Europe, North America, and Asia.

Earnings Per Share

As for profitability, Hamilton Lane Incorporated has a trailing twelve months EPS of $2.58.

PE Ratio

Hamilton Lane Incorporated has a trailing twelve months price to earnings ratio of 24.88. Meaning, the purchaser of the share is investing $24.88 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 27.32%.

Yearly Top and Bottom Value

Hamilton Lane Incorporated’s stock is valued at $64.19 at 10:15 EST, way under its 52-week high of $81.23 and way higher than its 52-week low of $55.81.

Revenue Growth

Year-on-year quarterly revenue growth grew by 38.6%, now sitting on 516.86M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 11.2% and a negative 9.8%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Hamilton Lane Incorporated’s EBITDA is 67.45.

More news about Hamilton Lane Incorporated.

5. American Financial Group (AFG) – Dividend Yield: 2.05%

American Financial Group’s last close was $122.73, 18.71% under its 52-week high of $150.98. Intraday change was 1.04%.

American Financial Group, Inc., an insurance holding company, provides property and casualty insurance products in the United States. The company operates through three segments: Property and Casualty Insurance, Annuity, and Other. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks, inland and ocean marine, agricultural-related products, and other commercial property coverages; specialty casualty insurance, including primarily excess and surplus, general liability, executive and professional liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers' compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, surety and fidelity products, and trade credit insurance. The company sells its property and casualty insurance products through independent insurance agents and brokers, as well as through employee agents. It also provides traditional fixed, fixed-indexed, and variable-indexed annuities to the retail, financial institutions, registered investment advisor, and education markets. In addition, the company engages in the commercial real estate operations in Cincinnati, Whitefield, New Hampshire, Chesapeake Bay, Charleston, and Palm Beach. American Financial Group, Inc. was founded in 1872 and is headquartered in Cincinnati, Ohio.

Earnings Per Share

As for profitability, American Financial Group has a trailing twelve months EPS of $10.53.

PE Ratio

American Financial Group has a trailing twelve months price to earnings ratio of 11.66. Meaning, the purchaser of the share is investing $11.66 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 19.82%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 17.4% and positive 0.7% for the next.

Sales Growth

American Financial Group’s sales growth is 20.1% for the current quarter and 15.5% for the next.

Moving Average

American Financial Group’s value is below its 50-day moving average of $123.82 and below its 200-day moving average of $132.03.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.5%, now sitting on 6.81B for the twelve trailing months.

More news about American Financial Group.

Leave a Reply

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