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SLM Corporation, Diamondback Energy, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – SLM Corporation (SLMBP), Diamondback Energy (FANG), PCB Bancorp (PCB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
SLM Corporation (SLMBP) 10.31% 2023-12-29 01:43:06
Diamondback Energy (FANG) 5.15% 2024-01-03 12:12:13
PCB Bancorp (PCB) 4% 2024-01-03 07:23:06
Paramount Group (PGRE) 3.48% 2023-12-22 11:07:06

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. SLM Corporation (SLMBP) – Dividend Yield: 10.31%

SLM Corporation’s last close was $68.01, 3.37% under its 52-week high of $70.38. Intraday change was -0.64%.

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Earnings Per Share

As for profitability, SLM Corporation has a trailing twelve months EPS of $2.14.

PE Ratio

SLM Corporation has a trailing twelve months price to earnings ratio of 31.71. Meaning, the purchaser of the share is investing $31.71 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 17.77%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 30, 2023, the estimated forward annual dividend rate is 7.01 and the estimated forward annual dividend yield is 10.31%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 18%, now sitting on 1.08B for the twelve trailing months.

More news about SLM Corporation.

2. Diamondback Energy (FANG) – Dividend Yield: 5.15%

Diamondback Energy’s last close was $157.01, 8.4% under its 52-week high of $171.40. Intraday change was 0.92%.

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns, operates, develops, and acquires midstream infrastructure assets, including 770 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Earnings Per Share

As for profitability, Diamondback Energy has a trailing twelve months EPS of $17.64.

PE Ratio

Diamondback Energy has a trailing twelve months price to earnings ratio of 8.98. Meaning, the purchaser of the share is investing $8.98 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 21.26%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 7.99 and the estimated forward annual dividend yield is 5.15%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 8.3%, now sitting on 7.74B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 1.7% and 21.5%, respectively.

More news about Diamondback Energy.

3. PCB Bancorp (PCB) – Dividend Yield: 4%

PCB Bancorp’s last close was $18.07, 6.9% below its 52-week high of $19.41. Intraday change was -1.95%.

PCB Bancorp operates as the bank holding company for PCB Bank that provides various banking products and services to small to medium-sized businesses, individuals, and professionals in Southern California. The company offers demand, savings, money market, and time deposits, as well as certificates of deposit; and trade finance, remote deposit capture, courier deposit services, positive pay services, zero balance accounts, and sweep accounts. It also provides real estate loans, including commercial and residential, Small Business Administration (SBA) property, and construction loans; commercial and industrial loans, such as commercial term and lines of credit, SBA commercial term, and SBA Paycheck Protection Program loans; and other consumer loans comprising automobile secured loans and personal loans. In addition, the company offers access to account balances, online transfers, and online bill payment and electronic delivery of customer statements; and mobile banking solutions that include remote check deposit and mobile bill pay. Further, it provides automated teller machines; and banking by telephone, mail, personal appointment, debit cards, direct deposit, and cashier's checks, as well as treasury management, wire transfer, and automated clearing house services. The company operates through a network of full-service branches in Los Angeles and Orange counties, California; Carrollton and Dallas, Texas; and Englewood Cliffs and Palisade Park, New Jersey, and Bayside, New York. It also operates loan production offices in Los Angeles and Orange Counties, California; Annandale, Virginia; Atlanta, Georgia; Bellevue, Washington; Aurora, Colorado; and Carrollton, Texas. The company was formerly known as Pacific City Financial Corporation and changed its name to PCB Bancorp in July 2019. PCB Bancorp was founded in 2003 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, PCB Bancorp has a trailing twelve months EPS of $2.29.

PE Ratio

PCB Bancorp has a trailing twelve months price to earnings ratio of 7.89. Meaning, the purchaser of the share is investing $7.89 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 9.93%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 7, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 4%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.2%, now sitting on 102.09M for the twelve trailing months.

Sales Growth

PCB Bancorp’s sales growth is negative 6.2% for the present quarter and negative 2.7% for the next.

Yearly Top and Bottom Value

PCB Bancorp’s stock is valued at $18.07 at 19:15 EST, under its 52-week high of $19.41 and way higher than its 52-week low of $12.86.

More news about PCB Bancorp.

4. Paramount Group (PGRE) – Dividend Yield: 3.48%

Paramount Group’s last close was $5.25, 22.11% under its 52-week high of $6.74. Intraday change was -0.19%.

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

Earnings Per Share

As for profitability, Paramount Group has a trailing twelve months EPS of $-0.42.

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 -3.19%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Paramount Group’s EBITDA is 6.19.

Yearly Top and Bottom Value

Paramount Group’s stock is valued at $5.24 at 19:15 EST, way under its 52-week high of $6.74 and way above its 52-week low of $3.90.

More news about Paramount Group.

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