Solar Capital Ltd., Valley National Bancorp, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Solar Capital Ltd. (SLRC), Valley National Bancorp (VLYPP), Dreyfus High Yield Strategies Fund (DHF) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Solar Capital Ltd. (SLRC) 11.72% 2023-05-11 11:07:08
Valley National Bancorp (VLYPP) 10.27% 2023-05-18 05:15:06
Dreyfus High Yield Strategies Fund (DHF) 8.11% 2023-05-02 01:23:08
Leggett & Platt (LEG) 5.73% 2023-05-19 13:42:35
Auburn National Bancorporation (AUBN) 4.89% 2023-05-06 19:10:07
Black Hills Corporation (BKH) 3.95% 2023-05-19 05:08:08

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. Solar Capital Ltd. (SLRC) – Dividend Yield: 11.72%

Solar Capital Ltd.’s last close was $14.10, 12.96% below its 52-week high of $16.20. Intraday change was -2.27%.

Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools. The fund primarily invests in United States. The fund's investments generally range between $5 million and $100 million. The fund invests in companies with revenues between $50 million and $1 billion and EBITDA between $15 million and $100 million. It invests in the form of senior secured loans, mezzanine loans, and equity securities. It may also seek investments in thinly traded public companies and also make secondary investments. The fund makes non-control equity investments. It primarily exits within three years of the initial capital commitment.

Earnings Per Share

As for profitability, Solar Capital Ltd. has a trailing twelve months EPS of $0.35.

PE Ratio

Solar Capital Ltd. has a trailing twelve months price to earnings ratio of 39.37. Meaning, the purchaser of the share is investing $39.37 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 1.99%.

Sales Growth

Solar Capital Ltd.’s sales growth is 31.5% for the current quarter and 19.2% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 18, 2023, the estimated forward annual dividend rate is 1.64 and the estimated forward annual dividend yield is 11.72%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 16.2% and 16.2%, respectively.

Volume

Today’s last reported volume for Solar Capital Ltd. is 163331 which is 17.63% below its average volume of 198290.

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2. Valley National Bancorp (VLYPP) – Dividend Yield: 10.27%

Valley National Bancorp’s last close was $15.66, 43.77% below its 52-week high of $27.85. Intraday change was 6.97%.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.

Earnings Per Share

As for profitability, Valley National Bancorp has a trailing twelve months EPS of $1.11.

PE Ratio

Valley National Bancorp has a trailing twelve months price to earnings ratio of 14.11. Meaning, the purchaser of the share is investing $14.11 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 10.31%.

Volatility

Valley National Bancorp’s last week, last month’s, and last quarter’s current intraday variation average was a positive 3.78%, a negative 0.93%, and a positive 2.61%.

Valley National Bancorp’s highest amplitude of average volatility was 6.37% (last week), 4.29% (last month), and 2.61% (last quarter).

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3. Dreyfus High Yield Strategies Fund (DHF) – Dividend Yield: 8.11%

Dreyfus High Yield Strategies Fund’s last close was $2.22, 14.29% under its 52-week high of $2.59. Intraday change was 0%.

BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. It was formerly known as Dreyfus High Yield Strategies Fund. BNY Mellon High Yield Strategies Fund was formed in April 29, 1998 and is domiciled in the United States.

Earnings Per Share

As for profitability, Dreyfus High Yield Strategies Fund has a trailing twelve months EPS of $-0.67.

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 -23.49%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 8, 2023, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 8.11%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 12%, now sitting on 19.96M for the twelve trailing months.

Moving Average

Dreyfus High Yield Strategies Fund’s value is above its 50-day moving average of $2.19 and under its 200-day moving average of $2.25.

Volume

Today’s last reported volume for Dreyfus High Yield Strategies Fund is 343089 which is 6.63% below its average volume of 367458.

More news about Dreyfus High Yield Strategies Fund.

4. Leggett & Platt (LEG) – Dividend Yield: 5.73%

Leggett & Platt’s last close was $32.97, 21.39% below its 52-week high of $41.94. Intraday change was -1.43%.

Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, private label finished mattresses, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.

Earnings Per Share

As for profitability, Leggett & Platt has a trailing twelve months EPS of $1.96.

PE Ratio

Leggett & Platt has a trailing twelve months price to earnings ratio of 16.58. Meaning, the purchaser of the share is investing $16.58 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 16.35%.

Moving Average

Leggett & Platt’s worth is higher than its 50-day moving average of $31.68 and below its 200-day moving average of $34.47.

Stock Price Classification

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

Sales Growth

Leggett & Platt’s sales growth is negative 6.8% for the present quarter and 3.4% for the next.

More news about Leggett & Platt.

5. Auburn National Bancorporation (AUBN) – Dividend Yield: 4.89%

Auburn National Bancorporation’s last close was $21.94, 27.83% below its 52-week high of $30.40. Intraday change was -1.17%.

Auburn National Bancorporation, Inc. operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company's deposit products include checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services. In addition, the company offers automated teller services; debit cards; online banking, bill payment, and other electronic services; and safe deposit boxes. It operates through seven full-service branches in Auburn, Opelika, Notasulga, and Valley, Alabama; as well as loan production offices in Auburn and Phenix City, Alabama. Auburn National Bancorporation, Inc. was founded in 1907 and is headquartered in Auburn, Alabama.

Earnings Per Share

As for profitability, Auburn National Bancorporation has a trailing twelve months EPS of $2.93.

PE Ratio

Auburn National Bancorporation has a trailing twelve months price to earnings ratio of 7.49. Meaning, the purchaser of the share is investing $7.49 for every dollar of annual earnings.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 4.89%.

Volume

Today’s last reported volume for Auburn National Bancorporation is 879 which is 29.56% below its average volume of 1248.

Moving Average

Auburn National Bancorporation’s value is below its 50-day moving average of $23.34 and below its 200-day moving average of $24.17.

Yearly Top and Bottom Value

Auburn National Bancorporation’s stock is valued at $21.94 at 17:15 EST, way below its 52-week high of $30.40 and higher than its 52-week low of $21.77.

More news about Auburn National Bancorporation.

6. Black Hills Corporation (BKH) – Dividend Yield: 3.95%

Black Hills Corporation’s last close was $63.19, 20.79% under its 52-week high of $79.78. Intraday change was -0.22%.

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 $3.88.

PE Ratio

Black Hills Corporation has a trailing twelve months price to earnings ratio of 16.29. Meaning, the purchaser of the share is investing $16.29 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 8.67%.

Yearly Top and Bottom Value

Black Hills Corporation’s stock is valued at $63.19 at 17:15 EST, way below its 52-week high of $79.78 and above its 52-week low of $58.81.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Black Hills Corporation’s EBITDA is 3.4.

Sales Growth

Black Hills Corporation’s sales growth is 16.4% for the ongoing quarter and 42% for the next.

Moving Average

Black Hills Corporation’s worth is under its 50-day moving average of $63.76 and below its 200-day moving average of $68.29.

More news about Black Hills Corporation.

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