(VIANEWS) – Suburban Propane Partners, L.P. (SPH), Western Asset Municipal High Income Fund (MHF), ABM Industries Incorporated (ABM) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Suburban Propane Partners, L.P. (SPH) | 6.53% | 2024-01-27 07:48:09 |
| Western Asset Municipal High Income Fund (MHF) | 4.01% | 2024-02-12 10:43:06 |
| ABM Industries Incorporated (ABM) | 2.23% | 2024-02-09 16:23:06 |
| Patrick Industries (PATK) | 2.19% | 2024-02-01 11:15:06 |
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. Suburban Propane Partners, L.P. (SPH) – Dividend Yield: 6.53%
Suburban Propane Partners, L.P.’s last close was $19.90, 10.88% under its 52-week high of $22.33. Intraday change was 2.52%.
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels. The company operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 24, 2022, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 42 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is based in Whippany, New Jersey.
Earnings Per Share
As for profitability, Suburban Propane Partners, L.P. has a trailing twelve months EPS of $1.92.
PE Ratio
Suburban Propane Partners, L.P. has a trailing twelve months price to earnings ratio of 10.36. Meaning, the purchaser of the share is investing $10.36 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 23.71%.
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2. Western Asset Municipal High Income Fund (MHF) – Dividend Yield: 4.01%
Western Asset Municipal High Income Fund’s last close was $6.59, 2.51% under its 52-week high of $6.76. Intraday change was 1.06%.
Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Municipal High Income Fund has a trailing twelve months EPS of $0.18.
PE Ratio
Western Asset Municipal High Income Fund has a trailing twelve months price to earnings ratio of 37. Meaning, the purchaser of the share is investing $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 2.71%.
Yearly Top and Bottom Value
Western Asset Municipal High Income Fund’s stock is valued at $6.66 at 19:15 EST, below its 52-week high of $6.76 and way higher than its 52-week low of $5.92.
Volatility
Western Asset Municipal High Income Fund’s last week, last month’s, and last quarter’s current intraday variation average was 0.15%, 0.14%, and 0.52%.
Western Asset Municipal High Income Fund’s highest amplitude of average volatility was 0.15% (last week), 0.43% (last month), and 0.52% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Western Asset Municipal High Income Fund’s stock is considered to be oversold (<=20).
Revenue Growth
Year-on-year quarterly revenue growth declined by 5.3%, now sitting on 6.7M for the twelve trailing months.
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3. ABM Industries Incorporated (ABM) – Dividend Yield: 2.23%
ABM Industries Incorporated’s last close was $40.38, 23.88% under its 52-week high of $53.05. Intraday change was -0.42%.
ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company operates through Business & Industry, Aviation, Technology & Manufacturing, Education, and Technical Solutions segments. It provides janitorial, facilities engineering, parking, custodial, landscaping and ground, and mechanical and electrical services; and vehicle maintenance and other services to rental car providers. The company was founded in 1909 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, ABM Industries Incorporated has a trailing twelve months EPS of $3.79.
PE Ratio
ABM Industries Incorporated has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing $10.61 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 14.29%.
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4. Patrick Industries (PATK) – Dividend Yield: 2.19%
Patrick Industries’s last close was $100.39, 3.78% under its 52-week high of $104.33. Intraday change was -0.68%.
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
Earnings Per Share
As for profitability, Patrick Industries has a trailing twelve months EPS of $6.8.
PE Ratio
Patrick Industries has a trailing twelve months price to earnings ratio of 14.66. Meaning, the purchaser of the share is investing $14.66 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 15.4%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Patrick Industries’s EBITDA is 28.18.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 19.6% and positive 5.9% for the next.
Yearly Top and Bottom Value
Patrick Industries’s stock is valued at $99.71 at 19:15 EST, under its 52-week high of $104.33 and way above its 52-week low of $63.57.
Sales Growth
Patrick Industries’s sales growth is negative 18.6% for the current quarter and negative 6% for the next.
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