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TriplePoint Venture Growth BDC Corp., Eaton Vance Tax, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – TriplePoint Venture Growth BDC Corp. (TPVG), Eaton Vance Tax (ETG), LTC Properties (LTC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
TriplePoint Venture Growth BDC Corp. (TPVG) 13.26% 2023-04-17 22:42:07
Eaton Vance Tax (ETG) 7.38% 2023-04-14 19:12:07
LTC Properties (LTC) 6.61% 2023-04-15 23:49:07
Canadian Imperial Bank of Commerce (CM) 5.77% 2023-04-21 13:39:30
International Paper Company (IP) 5.08% 2023-04-21 14:51:46
PCB Bancorp (PCB) 4.42% 2023-04-11 05:06:08
Southern Company (SO) 3.78% 2023-04-21 13:45:28
Otter Tail Corporation (OTTR) 2.48% 2023-04-05 07:15:15

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. TriplePoint Venture Growth BDC Corp. (TPVG) – Dividend Yield: 13.26%

TriplePoint Venture Growth BDC Corp.’s last close was $12.13, 31.35% below its 52-week high of $17.67. Intraday change was 1%.

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.

Earnings Per Share

As for profitability, TriplePoint Venture Growth BDC Corp. has a trailing twelve months EPS of $-0.61.

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 -4.7%.

Volume

Today’s last reported volume for TriplePoint Venture Growth BDC Corp. is 136020 which is 43.54% below its average volume of 240944.

More news about TriplePoint Venture Growth BDC Corp..

2. Eaton Vance Tax (ETG) – Dividend Yield: 7.38%

Eaton Vance Tax’s last close was $16.27, 19.73% below its 52-week high of $20.27. Intraday change was -0.06%.

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying value stocks of companies. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Advantaged Global Dividend Income Fund was formed on November 14, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $-5.1.

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 -26.08%.

Yearly Top and Bottom Value

Eaton Vance Tax’s stock is valued at $16.27 at 03:15 EST, way under its 52-week high of $20.27 and way above its 52-week low of $14.37.

More news about Eaton Vance Tax.

3. LTC Properties (LTC) – Dividend Yield: 6.61%

LTC Properties’s last close was $34.48, 24.2% below its 52-week high of $45.49. Intraday change was -0.72%.

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 180 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

Earnings Per Share

As for profitability, LTC Properties has a trailing twelve months EPS of $2.48.

PE Ratio

LTC Properties has a trailing twelve months price to earnings ratio of 13.9. Meaning, the purchaser of the share is investing $13.9 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 12.61%.

More news about LTC Properties.

4. Canadian Imperial Bank of Commerce (CM) – Dividend Yield: 5.77%

Canadian Imperial Bank of Commerce’s last close was $42.66, 28.65% under its 52-week high of $59.79. Intraday change was -1.43%.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; investment and insurance services; and credit cards, as well as mobile, online, and overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and private wealth, and international banking services; foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Canadian Imperial Bank of Commerce has a trailing twelve months EPS of $3.8.

PE Ratio

Canadian Imperial Bank of Commerce has a trailing twelve months price to earnings ratio of 11.2. Meaning, the purchaser of the share is investing $11.2 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 9.89%.

Moving Average

Canadian Imperial Bank of Commerce’s value is under its 50-day moving average of $43.93 and under its 200-day moving average of $45.50.

Sales Growth

Canadian Imperial Bank of Commerce’s sales growth is 5.2% for the ongoing quarter and 4.8% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 8% and a negative 4.4%, respectively.

Volatility

Canadian Imperial Bank of Commerce’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.12%, a positive 0.17%, and a positive 0.94%.

Canadian Imperial Bank of Commerce’s highest amplitude of average volatility was 0.32% (last week), 0.56% (last month), and 0.94% (last quarter).

More news about Canadian Imperial Bank of Commerce.

5. International Paper Company (IP) – Dividend Yield: 5.08%

International Paper Company’s last close was $36.04, 28.25% below its 52-week high of $50.23. Intraday change was -1.37%.

International Paper Company produces renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through Industrial Packaging and Global Cellulose Fibers segment. The company's Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. Its Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings applications. In addition, it sells its products directly to end users and converters, as well as through agents, resellers, and distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

Earnings Per Share

As for profitability, International Paper Company has a trailing twelve months EPS of $4.74.

PE Ratio

International Paper Company has a trailing twelve months price to earnings ratio of 7.61. Meaning, the purchaser of the share is investing $7.61 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 19.81%.

Volume

Today’s last reported volume for International Paper Company is 1414800 which is 53.73% below its average volume of 3057920.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 15, 2023, the estimated forward annual dividend rate is 1.85 and the estimated forward annual dividend yield is 5.08%.

Sales Growth

International Paper Company’s sales growth is negative 4.9% for the present quarter and negative 5.6% for the next.

More news about International Paper Company.

6. PCB Bancorp (PCB) – Dividend Yield: 4.42%

PCB Bancorp’s last close was $13.60, 39.5% under its 52-week high of $22.48. Intraday change was 0.15%.

PCB Bancorp operates as the bank holding company for Pacific City Bank that provides various banking products and services to individuals, and small and middle market businesses in Southern California. The company offers demand, savings, money market, and time deposits, as well as certificates of deposit; and remote deposit capture, courier deposit services, positive pay services, zero balance accounts, and sweep accounts. It also provides real estate loans, commercial and industrial loans, automobile secured loans, unsecured lines of credit, term loans, and personal loans for various business customers, including manufacturing, wholesale and retail trade, hospitality, etc. In addition, the company offers automated teller machines, debit cards, direct deposits, and cashier's checks, as well as treasury management, wire transfer, and automated clearing house services; cash management services; and online, mobile, telephone, mail, and personal appointment banking services. It operates through a network of 11 full-service branches in Los Angeles and Orange counties, California; and a full-service branch in Englewood Cliffs, New Jersey, and Bayside, New York. The company also operates 9 loan production offices located in Irvine, Artesia, and Los Angeles, California; Annandale, Virginia; Chicago, Illinois; Bellevue, Washington; Aurora, Colorado; Carrollton, Texas; and New York, New York. 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 $2.31.

PE Ratio

PCB Bancorp has a trailing twelve months price to earnings ratio of 5.89. Meaning, the purchaser of the share is investing $5.89 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 11.82%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.4%, now sitting on 100.53M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 29.9% and a negative 25%, respectively.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 8, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.42%.

Volume

Today’s last reported volume for PCB Bancorp is 19377 which is 66.39% below its average volume of 57653.

Previous days news about PCB Bancorp

  • PCB bancorp (pcb) Q1 earnings top estimates. According to Zacks on Friday, 21 April, "While PCB Bancorp has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"

More news about PCB Bancorp.

7. Southern Company (SO) – Dividend Yield: 3.78%

Southern Company’s last close was $73.61, 8.64% below its 52-week high of $80.57. Intraday change was 0.86%.

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.8 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Southern Company has a trailing twelve months EPS of $3.26.

PE Ratio

Southern Company has a trailing twelve months price to earnings ratio of 22.59. Meaning, the purchaser of the share is investing $22.59 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 10.19%.

More news about Southern Company.

8. Otter Tail Corporation (OTTR) – Dividend Yield: 2.48%

Otter Tail Corporation’s last close was $69.64, 15.55% under its 52-week high of $82.46. Intraday change was -1.49%.

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. The company's Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc. markets. This segment generates electricity through coal, wind and hydro, and natural gas. It serves approximately 133,000 residential, industrial, and other commercial customers. Its Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components, and extruded raw material stock for recreational vehicle, agricultural, construction, lawn and garden, and industrial and energy equipment industries. It also manufactures clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries. The company's Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses. This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.

Earnings Per Share

As for profitability, Otter Tail Corporation has a trailing twelve months EPS of $6.78.

PE Ratio

Otter Tail Corporation has a trailing twelve months price to earnings ratio of 10.27. Meaning, the purchaser of the share is investing $10.27 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 25.74%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Otter Tail Corporation’s EBITDA is 39.54.

Yearly Top and Bottom Value

Otter Tail Corporation’s stock is valued at $69.64 at 03:15 EST, way below its 52-week high of $82.46 and way higher than its 52-week low of $52.60.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 12, 2023, the estimated forward annual dividend rate is 1.75 and the estimated forward annual dividend yield is 2.48%.

Volume

Today’s last reported volume for Otter Tail Corporation is 157769 which is 63.85% below its average volume of 436429.

More news about Otter Tail Corporation.

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