(VIANEWS) – Shinhan Financial Group (SHG), Invesco Quality Municipal Income Trust (IQI), Costamare (CMRE) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Shinhan Financial Group (SHG) | 6.64% | 2023-10-19 12:58:44 |
| Invesco Quality Municipal Income Trust (IQI) | 5.16% | 2023-10-10 19:23:06 |
| Costamare (CMRE) | 4.78% | 2023-10-09 05:15:05 |
| Plug Power (PLUG) | 4.56% | 2023-10-19 12:14:08 |
| TriCo Bancshares (TCBK) | 3.79% | 2023-10-19 05:10:05 |
Almost 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. Shinhan Financial Group (SHG) – Dividend Yield: 6.64%
Shinhan Financial Group’s last close was $26.59, 27.43% below its 52-week high of $36.64. Intraday change was -0.32%.
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers real estate trust, investment advisory, venture capital, non-life insurance, trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.
Earnings Per Share
As for profitability, Shinhan Financial Group has a trailing twelve months EPS of $6.3.
PE Ratio
Shinhan Financial Group has a trailing twelve months price to earnings ratio of 4.21. Meaning, the purchaser of the share is investing $4.21 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 8.88%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.9%, now sitting on 26.54T for the twelve trailing months.
More news about Shinhan Financial Group.
2. Invesco Quality Municipal Income Trust (IQI) – Dividend Yield: 5.16%
Invesco Quality Municipal Income Trust’s last close was $8.41, 18.98% under its 52-week high of $10.38. Intraday change was 0.84%.
Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, and municipal commercial paper. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously known as Morgan Stanley Quality Municipal Income Trust. Invesco Quality Municipal Income Trust was formed on September 29, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Quality Municipal Income Trust has a trailing twelve months EPS of $-1.67.
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 -14.07%.
Yearly Top and Bottom Value
Invesco Quality Municipal Income Trust’s stock is valued at $8.41 at 17:15 EST, way below its 52-week high of $10.38 and higher than its 52-week low of $8.23.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.9%, now sitting on 41.38M for the twelve trailing months.
More news about Invesco Quality Municipal Income Trust.
3. Costamare (CMRE) – Dividend Yield: 4.78%
Costamare’s last close was $9.41, 20.59% under its 52-week high of $11.85. Intraday change was 0.97%.
Costamare Inc. owns and charters containerships to liner companies worldwide. As of June 14, 2021, it had a fleet of 81 containerships with a total capacity of approximately 581,000 twenty foot equivalent units and 16 dry bulk vessels with a total capacity of approximately 932,000 DWT. The company was founded in 1974 and is based in Monaco.
Earnings Per Share
As for profitability, Costamare has a trailing twelve months EPS of $4.08.
PE Ratio
Costamare has a trailing twelve months price to earnings ratio of 2.31. Meaning, the purchaser of the share is investing $2.31 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 24.98%.
Moving Average
Costamare’s value is below its 50-day moving average of $10.22 and under its 200-day moving average of $9.64.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 18, 2023, the estimated forward annual dividend rate is 0.46 and the estimated forward annual dividend yield is 4.78%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Costamare’s EBITDA is 19.92.
More news about Costamare.
4. Plug Power (PLUG) – Dividend Yield: 4.56%
Plug Power’s last close was $7.00, 64.56% below its 52-week high of $19.75. Intraday change was -1.71%.
Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including liquid green hydrogen production, storage and handling, transportation, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; Liquefaction systems; and Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.
Earnings Per Share
As for profitability, Plug Power has a trailing twelve months EPS of $-1.43.
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 -20.73%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Plug Power’s EBITDA is -26.37.
Sales Growth
Plug Power’s sales growth is 5.1% for the ongoing quarter and 127.3% for the next.
More news about Plug Power.
5. TriCo Bancshares (TCBK) – Dividend Yield: 3.79%
TriCo Bancshares’s last close was $31.47, 46.32% below its 52-week high of $58.62. Intraday change was -2.18%.
TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services. It operates 66 traditional branches, 7 in-store branches, and 2 loan production offices in northern and central California. The company was incorporated in 1974 and is headquartered in Chico, California.
Earnings Per Share
As for profitability, TriCo Bancshares has a trailing twelve months EPS of $4.03.
PE Ratio
TriCo Bancshares has a trailing twelve months price to earnings ratio of 7.81. Meaning, the purchaser of the share is investing $7.81 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 12.59%.
Yearly Top and Bottom Value
TriCo Bancshares’s stock is valued at $31.47 at 17:15 EST, way under its 52-week high of $58.62 and higher than its 52-week low of $28.66.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 6, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 3.79%.
Moving Average
TriCo Bancshares’s value is below its 50-day moving average of $33.42 and way under its 200-day moving average of $39.08.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.7%, now sitting on 413.62M for the twelve trailing months.
More news about TriCo Bancshares.
