Uniti Group, Verizon, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Uniti Group (UNIT), Verizon (VZ), ConAgra Foods (CAG) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Uniti Group (UNIT) 12.66% 2023-11-12 11:07:09
Verizon (VZ) 7.34% 2023-11-27 13:00:23
ConAgra Foods (CAG) 4.91% 2023-11-27 12:53:31
Nuveen Municipal Income Fund (NMI) 4.27% 2023-11-16 13:41:06

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. Uniti Group (UNIT) – Dividend Yield: 12.66%

Uniti Group’s last close was $4.74, 41.04% under its 52-week high of $8.04. Intraday change was -0.84%.

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of June 30, 2020, Uniti owns 6.5 million fiber strand miles and other communications real estate throughout the United States.

Earnings Per Share

As for profitability, Uniti Group has a trailing twelve months EPS of $-0.15.

Volume

Today’s last reported volume for Uniti Group is 1172690 which is 39.76% below its average volume of 1946920.

More news about Uniti Group.

2. Verizon (VZ) – Dividend Yield: 7.34%

Verizon’s last close was $37.41, 12.14% below its 52-week high of $42.58. Intraday change was -0.16%.

Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Verizon has a trailing twelve months EPS of $4.97.

PE Ratio

Verizon has a trailing twelve months price to earnings ratio of 7.52. Meaning, the purchaser of the share is investing $7.52 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 22.75%.

Stock Price Classification

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

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 16% and a negative 12.5%, respectively.

Sales Growth

Verizon’s sales growth is negative 9.9% for the current quarter and negative 6.1% for the next.

Volatility

Verizon’s last week, last month’s, and last quarter’s current intraday variation average was 0.85%, 0.62%, and 1.08%.

Verizon’s highest amplitude of average volatility was 0.85% (last week), 0.84% (last month), and 1.08% (last quarter).

More news about Verizon.

3. ConAgra Foods (CAG) – Dividend Yield: 4.91%

ConAgra Foods’s last close was $28.49, 31.02% under its 52-week high of $41.30. Intraday change was -1.08%.

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, ConAgra Foods has a trailing twelve months EPS of $2.25.

PE Ratio

ConAgra Foods has a trailing twelve months price to earnings ratio of 12.52. Meaning, the purchaser of the share is investing $12.52 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 12.33%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ConAgra Foods’s EBITDA is 1.86.

More news about ConAgra Foods.

4. Nuveen Municipal Income Fund (NMI) – Dividend Yield: 4.27%

Nuveen Municipal Income Fund’s last close was $8.85, 16.59% below its 52-week high of $10.61. Intraday change was 0.87%.

Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations issued by state and local government authorities. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.

Earnings Per Share

As for profitability, Nuveen Municipal Income Fund has a trailing twelve months EPS of $0.05.

PE Ratio

Nuveen Municipal Income Fund has a trailing twelve months price to earnings ratio of 178.54. Meaning, the purchaser of the share is investing $178.54 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 0.61%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 4.41M for the twelve trailing months.

Yearly Top and Bottom Value

Nuveen Municipal Income Fund’s stock is valued at $8.93 at 01:15 EST, way below its 52-week high of $10.61 and above its 52-week low of $8.30.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 4.27%.

More news about Nuveen Municipal Income Fund.

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