TriplePoint Venture Growth BDC Corp., Penns Woods Bancorp, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – TriplePoint Venture Growth BDC Corp. (TPVG), Penns Woods Bancorp (PWOD), Axis Capital Holdings Limited (AXS) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
TriplePoint Venture Growth BDC Corp. (TPVG) 13.45% 2023-03-31 13:07:09
Penns Woods Bancorp (PWOD) 5.44% 2023-04-05 17:09:08
Axis Capital Holdings Limited (AXS) 3.17% 2023-04-13 12:23:08
Meridian Corporation (MRBK) 3.13% 2023-04-10 15:23:16
Lakeland Financial Corporation (LKFN) 2.94% 2023-04-04 11:13:26
Fomento Economico Mexicano S.A.B. de C.V. (FMX) 2.09% 2023-04-14 13:18:14

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. TriplePoint Venture Growth BDC Corp. (TPVG) – Dividend Yield: 13.45%

TriplePoint Venture Growth BDC Corp.’s last close was $11.90, 33.45% below its 52-week high of $17.88. Intraday change was 0.67%.

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 $-0.6.

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 209030 which is 16.67% below its average volume of 250867.

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2. Penns Woods Bancorp (PWOD) – Dividend Yield: 5.44%

Penns Woods Bancorp’s last close was $23.32, 16.71% under its 52-week high of $28.00. Intraday change was -0.09%.

Penns Woods Bancorp, Inc. operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement accounts. The company also offers loan products comprising residential, commercial, and construction real estate loans; agricultural loans for the purchase or improvement of real estate; commercial loans for the acquisition and improvement of real estate, purchase of equipment, and working capital purposes; letters of credit; consumer loans, such as construction and residential mortgages, home equity loans and lines, automobile financing, personal loans and lines of credit, and overdraft and check lines; and revolving credit loans with overdraft protection. In addition, it provides securities brokerage and financial planning services, which include the sale of life insurance products, annuities, and estate planning services; property and casualty, and auto insurance products; safe deposit services; ATM services; and Internet and telephone banking services. Further, the company engages in real estate transactions and investment activities. It operates through a network of twenty-seven offices located in Clinton, Lycoming, Centre, Montour, Union, Blair, and Luzerne Counties, Pennsylvania. The company was founded in 1907 and is headquartered in Williamsport, Pennsylvania.

Earnings Per Share

As for profitability, Penns Woods Bancorp has a trailing twelve months EPS of $2.47.

PE Ratio

Penns Woods Bancorp has a trailing twelve months price to earnings ratio of 9.43. Meaning, the purchaser of the share is investing $9.43 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 10.25%.

Volume

Today’s last reported volume for Penns Woods Bancorp is 4386 which is 49.85% below its average volume of 8747.

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3. Axis Capital Holdings Limited (AXS) – Dividend Yield: 3.17%

Axis Capital Holdings Limited’s last close was $55.46, 13.33% under its 52-week high of $63.99. Intraday change was -0.12%.

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance products covering offshore energy, cargo, liability, recreational marine, fine art, specie, and hull war; and terrorism, aviation, credit and political risk, and liability insurance products. It also provides professional insurance products that cover directors' and officers' liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, cyber and privacy, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers. In addition, this segment offers accidental death, travel, and specialty health products for employer and affinity groups. The Reinsurance segment offers reinsurance products to insurance companies, including catastrophe reinsurance products; property reinsurance products covering property damage and related losses resulting from natural and man-made perils; professional lines; credit and surety; and motor liability products. This segment also provides agriculture reinsurance products; coverages for various types of construction risks and risks related to erection, testing, and commissioning of machinery and plants during the construction stage; marine and aviation reinsurance products; and personal accident, specialty health, accidental death, travel, life and disability reinsurance products. The company was founded in 2001 and is headquartered in Pembroke, Bermuda.

Earnings Per Share

As for profitability, Axis Capital Holdings Limited has a trailing twelve months EPS of $2.25.

PE Ratio

Axis Capital Holdings Limited has a trailing twelve months price to earnings ratio of 24.62. Meaning, the purchaser of the share is investing $24.62 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 4.44%.

Volume

Today’s last reported volume for Axis Capital Holdings Limited is 224478 which is 63.74% below its average volume of 619231.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 5.3% and positive 16.1% for the next.

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4. Meridian Corporation (MRBK) – Dividend Yield: 3.13%

Meridian Corporation’s last close was $12.27, 29.4% below its 52-week high of $17.38. Intraday change was 1.06%.

Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and electronic payment and cash management services. It operates through 17 offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.

Earnings Per Share

As for profitability, Meridian Corporation has a trailing twelve months EPS of $0.89.

PE Ratio

Meridian Corporation has a trailing twelve months price to earnings ratio of 2.23. Meaning, the purchaser of the share is investing $2.23 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 13.7%.

Yearly Top and Bottom Value

Meridian Corporation’s stock is valued at $12.40 at 03:15 EST, way below its 52-week high of $17.38 and higher than its 52-week low of $12.15.

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5. Lakeland Financial Corporation (LKFN) – Dividend Yield: 2.94%

Lakeland Financial Corporation’s last close was $62.51, 25.2% under its 52-week high of $83.57. Intraday change was -3.74%.

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2020, the company operated 50 offices in fifteen counties, including 44 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

Earnings Per Share

As for profitability, Lakeland Financial Corporation has a trailing twelve months EPS of $4.03.

PE Ratio

Lakeland Financial Corporation has a trailing twelve months price to earnings ratio of 14.93. Meaning, the purchaser of the share is investing $14.93 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 16.3%.

Volume

Today’s last reported volume for Lakeland Financial Corporation is 30958 which is 75.45% below its average volume of 126114.

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6. Fomento Economico Mexicano S.A.B. de C.V. (FMX) – Dividend Yield: 2.09%

Fomento Economico Mexicano S.A.B. de C.V.’s last close was $93.35, 2.57% under its 52-week high of $95.81. Intraday change was -1.18%.

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.

Earnings Per Share

As for profitability, Fomento Economico Mexicano S.A.B. de C.V. has a trailing twelve months EPS of $0.76.

PE Ratio

Fomento Economico Mexicano S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 122.27. Meaning, the purchaser of the share is investing $122.27 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 11.26%.

Moving Average

Fomento Economico Mexicano S.A.B. de C.V.’s worth is above its 50-day moving average of $87.90 and way above its 200-day moving average of $73.63.

Sales Growth

Fomento Economico Mexicano S.A.B. de C.V.’s sales growth is 22.9% for the ongoing quarter and 20.4% for the next.

Yearly Top and Bottom Value

Fomento Economico Mexicano S.A.B. de C.V.’s stock is valued at $92.93 at 03:15 EST, under its 52-week high of $95.81 and way higher than its 52-week low of $58.73.

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