TORM Plc, Devon Energy, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – TORM plc (TRMD), Devon Energy (DVN), ADTRAN (ADTN) have the highest dividend yield stocks on this list.

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. TORM plc (TRMD) – Dividend Yield: 17.37%

TORM plc’s last close was $33.63, 9.38% below its 52-week high of $37.11. Intraday change was -1.06%.

TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, TORM plc has a trailing twelve months EPS of $8.1.

PE Ratio

TORM plc has a trailing twelve months price to earnings ratio of 4.15. Meaning, the purchaser of the share is investing $4.15 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 46.55%.

Yearly Top and Bottom Value

TORM plc’s stock is valued at $33.63 at 09:15 EST, below its 52-week high of $37.11 and way higher than its 52-week low of $22.31.

Revenue Growth

Year-on-year quarterly revenue growth declined by 20.1%, now sitting on 1.58B for the twelve trailing months.

Moving Average

TORM plc’s value is higher than its 50-day moving average of $31.61 and way higher than its 200-day moving average of $28.13.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 20, 2023, the estimated forward annual dividend rate is 5.84 and the estimated forward annual dividend yield is 17.37%.

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2. Devon Energy (DVN) – Dividend Yield: 6.54%

Devon Energy’s last close was $43.88, 23.19% under its 52-week high of $57.13. Intraday change was -0.31%.

Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Earnings Per Share

As for profitability, Devon Energy has a trailing twelve months EPS of $5.87.

PE Ratio

Devon Energy has a trailing twelve months price to earnings ratio of 7.47. Meaning, the purchaser of the share is investing $7.47 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 33.57%.

Sales Growth

Devon Energy’s sales growth is negative 16.8% for the ongoing quarter and negative 15.2% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Dec 14, 2023, the estimated forward annual dividend rate is 2.87 and the estimated forward annual dividend yield is 6.54%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 21.7% and a negative 21.9%, respectively.

Yearly Top and Bottom Value

Devon Energy’s stock is valued at $43.83 at 09:15 EST, way below its 52-week high of $57.13 and above its 52-week low of $40.47.

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3. ADTRAN (ADTN) – Dividend Yield: 5.61%

ADTRAN’s last close was $6.43, 64.26% under its 52-week high of $17.99. Intraday change was 3.71%.

ADTRAN Holdings, Inc., through its subsidiaries, provides end-to-end fiber networking solutions for communications service provider, enterprises, and government customers in the United States, Germany, the United Kingdom, Mexico, and internationally. It operates through two segments, Network Solutions, and Services & Support. The company offers fiber access and fiber to the node platforms; transceivers, cables, and other miscellaneous materials; passive optical network optical line terminals; fiber to the distribution point Gfast distribution point units; cabinet and outside plant enclosures and services; packet optical transports; fixed wireless access platforms; and network management and subscriber services, and control and orchestration software. It also provides broadband customer premises solutions, ethernet switches and routers, residential gateways, cloud-based software-as-a-service management platforms, virtual wireless local area networks, Internet of Things gateways, pre-sale and post-sale technical support, and multi-gigabit mesh Wi-Fi gateways. In addition, the company offers time division multiplexed and asynchronous transfer mode-based aggregation systems and customer devices; and high-bit-rate and asymmetric digital subscriber line, and other technologies. Further, it provides other access and aggregation, subscriber and experience, and traditional and other products, software, and services. Additionally, the company engages in the provision of planning, engineering, program management, maintenance, installation, and commissioning services to implement customer network solutions; and customer devices solutions into consumer, small business, and enterprise locations. ADTRAN Holdings, Inc. is headquartered in Huntsville, Alabama.

Earnings Per Share

As for profitability, ADTRAN has a trailing twelve months EPS of $-1.1.

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 -10.2%.

Yearly Top and Bottom Value

ADTRAN’s stock is valued at $6.43 at 09:15 EST, way under its 52-week high of $17.99 and way higher than its 52-week low of $4.91.

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4. Deutsche Municiple Income Trust (KTF) – Dividend Yield: 3.45%

Deutsche Municiple Income Trust’s last close was $9.06, 0.66% below its 52-week high of $9.12. Intraday change was 0.44%.

Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax. It seeks to invest in securities that are rated Baa or BBB or better by Moody's or S&P. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as DWS Municipal Income Trust. Deutsche Municipal Income Trust was formed on October 20, 1988 and is domiciled in the United States.

Earnings Per Share

As for profitability, Deutsche Municiple Income Trust has a trailing twelve months EPS of $0.39.

PE Ratio

Deutsche Municiple Income Trust has a trailing twelve months price to earnings ratio of 23.23. Meaning, the purchaser of the share is investing $23.23 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 3.93%.

Moving Average

Deutsche Municiple Income Trust’s worth is above its 50-day moving average of $8.86 and higher than its 200-day moving average of $8.45.

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5. East West Bancorp (EWBC) – Dividend Yield: 3.06%

East West Bancorp’s last close was $71.89, 7.5% below its 52-week high of $77.72. Intraday change was -1.75%.

East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. Its loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, and equipment financing, as well as financing services to clients needing a financial bridge to facilitate their business transactions between the United States and China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. As of January 27, 2022, it operated approximately 120 locations in the United States and China; full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.

Earnings Per Share

As for profitability, East West Bancorp has a trailing twelve months EPS of $8.18.

PE Ratio

East West Bancorp has a trailing twelve months price to earnings ratio of 8.79. Meaning, the purchaser of the share is investing $8.79 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 17.95%.

Volume

Today’s last reported volume for East West Bancorp is 766505 which is 31.93% below its average volume of 1126210.

Sales Growth

East West Bancorp’s sales growth is negative 3.7% for the present quarter and negative 4.4% for the next.

Yearly Top and Bottom Value

East West Bancorp’s stock is valued at $71.89 at 09:15 EST, below its 52-week high of $77.72 and way higher than its 52-week low of $33.86.

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6. Qiagen N.V. (QGEN) – Dividend Yield: 2.94%

Qiagen N.V.’s last close was $43.06, 9.73% under its 52-week high of $47.70. Intraday change was 0.8%.

QIAGEN N.V. offers sample to insight solutions that transform biological materials into molecular insights worldwide. The company provides primary sample technology consumables, such as nucleic stabilization and purification kits for primary sample materials, manual and automated processing for genotyping, gene expression, and viral and bacterial analysis, as well as silica membranes and magnetic bead technologies; secondary sample technology consumables, including kits and components for purification of nucleic acids from secondary sample materials; and instruments for nucleic acid purification and accessories. It also provides interferon-gamma release assay for TB testing, and assays for post-transplant testing and viral load monitoring; assays for prenatal testing and detection of sexually transmitted diseases and HPV, as well as assays for analysis of genomic variants, such as mutations, insertions, deletions, and fusions; and sample to insight instruments, including one-step molecular analysis of hard-to-diagnose syndromes, and integrated PCR testing. In addition, it offers PCR consumables, such as quantitative PCR, reverse transcription, and combinations kits for analysis of gene expression, genotyping, and gene regulation instruments and technologies; human ID and forensics assay consumables, including STR assays for human ID, and assays for food contamination; PCR instruments consist of digital PCR solutions; and developed and configured OEM consumables. Further, the company provides predefined and custom NGS gene panels, library prep kits and components, and whole genome amplification; QIAGEN consumables and instruments, as well as bioinformatics solutions; and custom laboratory and genomic services. It serves molecular diagnostics, academia, pharmaceutical, and applied testing customers. It has a strategic alliance agreement with Sysmex Corporation and OncXerna Therapeutics, as well as an agreement with Mirati. The company was founded in 1986 and is headquartered in Venlo, the Netherlands.

Earnings Per Share

As for profitability, Qiagen N.V. has a trailing twelve months EPS of $1.52.

PE Ratio

Qiagen N.V. has a trailing twelve months price to earnings ratio of 28.33. Meaning, the purchaser of the share is investing $28.33 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 9.48%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 17% and a negative 1.9%, respectively.

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7. First Industrial Realty Trust (FR) – Dividend Yield: 2.73%

First Industrial Realty Trust’s last close was $54.27, 1.74% below its 52-week high of $55.23. Intraday change was 1.25%.

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.

Earnings Per Share

As for profitability, First Industrial Realty Trust has a trailing twelve months EPS of $2.07.

PE Ratio

First Industrial Realty Trust has a trailing twelve months price to earnings ratio of 26.22. Meaning, the purchaser of the share is investing $26.22 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 11.13%.

Sales Growth

First Industrial Realty Trust’s sales growth is 11% for the present quarter and 6.9% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 23.8% and a negative 19.5%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.9%, now sitting on 646.23M for the twelve trailing months.

Moving Average

First Industrial Realty Trust’s value is higher than its 50-day moving average of $51.87 and higher than its 200-day moving average of $50.29.

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8. Automatic Data Processing (ADP) – Dividend Yield: 2.21%

Automatic Data Processing’s last close was $255.87, 0.38% below its 52-week high of $256.84. Intraday change was 0.44%.

Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.

Earnings Per Share

As for profitability, Automatic Data Processing has a trailing twelve months EPS of $8.58.

PE Ratio

Automatic Data Processing has a trailing twelve months price to earnings ratio of 29.82. Meaning, the purchaser of the share is investing $29.82 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 97.38%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 10.7% and 12.2%, respectively.

Yearly Top and Bottom Value

Automatic Data Processing’s stock is valued at $255.87 at 09:15 EST, under its 52-week high of $256.84 and way above its 52-week low of $201.46.

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9. Air Lease Corporation (AL) – Dividend Yield: 2.01%

Air Lease Corporation’s last close was $42.02, 6.99% under its 52-week high of $45.18. Intraday change was 0.41%.

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2019, the company owned a fleet of 275 aircraft, including 203 narrowbody jet aircraft and 89 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Air Lease Corporation has a trailing twelve months EPS of $4.46.

PE Ratio

Air Lease Corporation has a trailing twelve months price to earnings ratio of 9.42. Meaning, the purchaser of the share is investing $9.42 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 7.99%.

Moving Average

Air Lease Corporation’s worth is above its 50-day moving average of $40.80 and above its 200-day moving average of $39.78.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Air Lease Corporation’s EBITDA is 50.87.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 2.57B for the twelve trailing months.

Yearly Top and Bottom Value

Air Lease Corporation’s stock is valued at $42.02 at 09:15 EST, under its 52-week high of $45.18 and way higher than its 52-week low of $33.33.

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