Valley National Bancorp, GAMCO Natural Resources, Gold & Income Trust, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Valley National Bancorp (VLYPP), GAMCO Natural Resources, Gold & Income Trust (GNT), Dominion Resources (D) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Valley National Bancorp (VLYPP) 7.59% 2024-01-22 09:10:06
GAMCO Natural Resources, Gold & Income Trust (GNT) 7.35% 2024-01-24 22:42:05
Dominion Resources (D) 5.86% 2024-02-01 15:54:16
Golar LNG Limited (GLNG) 4.44% 2024-01-30 16:42:06
Principal Financial Group (PFG) 3.33% 2024-02-01 15:51:54
Deutsche Bank (DB) 2.48% 2024-02-01 15:19:50

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. Valley National Bancorp (VLYPP) – Dividend Yield: 7.59%

Valley National Bancorp’s last close was $20.58, 19.14% below its 52-week high of $25.45. Intraday change was 0.39%.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.

Earnings Per Share

As for profitability, Valley National Bancorp has a trailing twelve months EPS of $1.11.

PE Ratio

Valley National Bancorp has a trailing twelve months price to earnings ratio of 18.54. Meaning, the purchaser of the share is investing $18.54 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 9.37%.

Yearly Top and Bottom Value

Valley National Bancorp’s stock is valued at $20.58 at 16:15 EST, way under its 52-week high of $25.45 and way above its 52-week low of $13.73.

More news about Valley National Bancorp.

2. GAMCO Natural Resources, Gold & Income Trust (GNT) – Dividend Yield: 7.35%

GAMCO Natural Resources, Gold & Income Trust’s last close was $4.95, 8.33% under its 52-week high of $5.40. Intraday change was 0.41%.

GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities. It focuses on factors such as recent prices of comparable securities that are publicly traded, reliable prices of securities not publicly traded, the use of valuation models, current analyst reports, valuing the income or cash flow of the issuer, or cost if the preceding factors do not apply to create its portfolio. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Dow Jones U.S. Basic Materials Index, and S&P Global Agribusiness Equity Index. The fund was formerly known as Gabelli Natural Resources, Gold & Income Trust. GAMCO Natural Resources, Gold & Income Trust was formed on January 27, 2011 and is domiciled in the United States.

Earnings Per Share

As for profitability, GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months EPS of $0.95.

PE Ratio

GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months price to earnings ratio of 5.21. Meaning, the purchaser of the share is investing $5.21 for every dollar of annual earnings.

Yearly Top and Bottom Value

GAMCO Natural Resources, Gold & Income Trust’s stock is valued at $4.95 at 16:15 EST, under its 52-week high of $5.40 and above its 52-week low of $4.59.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 7.35%.

Volume

Today’s last reported volume for GAMCO Natural Resources, Gold & Income Trust is 40611 which is 13.99% below its average volume of 47222.

More news about GAMCO Natural Resources, Gold & Income Trust.

3. Dominion Resources (D) – Dividend Yield: 5.86%

Dominion Resources’s last close was $45.72, 28.2% below its 52-week high of $63.68. Intraday change was 2.08%.

Dominion Energy, Inc. produces and distributes energy in the United States. It operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.7 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment is involved in the regulated natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.0 million residential, commercial and industrial customers. It also has nonregulated renewable natural gas facilities in operation. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 782,000 customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 435,000 residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the nonregulated long-term contracted renewable electric generation and solar generation facility development operations; and gas transportation, LNG import, and storage operations, as well as in the liquefaction facility. As of December 31, 2022, the company's portfolio of assets included approximately 31.0 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 78,500 miles of electric distribution lines; and 93,500 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.

Earnings Per Share

As for profitability, Dominion Resources has a trailing twelve months EPS of $3.01.

PE Ratio

Dominion Resources has a trailing twelve months price to earnings ratio of 15.5. Meaning, the purchaser of the share is investing $15.5 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 9.15%.

Moving Average

Dominion Resources’s worth is below its 50-day moving average of $47.00 and under its 200-day moving average of $49.05.

More news about Dominion Resources.

4. Golar LNG Limited (GLNG) – Dividend Yield: 4.44%

Golar LNG Limited’s last close was $22.52, 10.14% below its 52-week high of $25.06. Intraday change was 0.18%.

Golar LNG Limited designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. It operates through Shipping and FLNG segments. The company engages in the operation and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels. As of December 31, 2021, it operated nine LNG carriers, one FSRU, and three FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Golar LNG Limited has a trailing twelve months EPS of $0.51.

PE Ratio

Golar LNG Limited has a trailing twelve months price to earnings ratio of 44.24. Meaning, the purchaser of the share is investing $44.24 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 3.36%.

Yearly Top and Bottom Value

Golar LNG Limited’s stock is valued at $22.56 at 16:15 EST, under its 52-week high of $25.06 and way higher than its 52-week low of $19.62.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Golar LNG Limited’s stock is considered to be overbought (>=80).

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5. Principal Financial Group (PFG) – Dividend Yield: 3.33%

Principal Financial Group’s last close was $79.10, 15.73% below its 52-week high of $93.87. Intraday change was -1.95%.

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products, as well as trust and custody services. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.

Earnings Per Share

As for profitability, Principal Financial Group has a trailing twelve months EPS of $6.38.

PE Ratio

Principal Financial Group has a trailing twelve months price to earnings ratio of 12.16. Meaning, the purchaser of the share is investing $12.16 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 15.18%.

More news about Principal Financial Group.

6. Deutsche Bank (DB) – Dividend Yield: 2.48%

Deutsche bank smashes profit estimates and boosts shareholder returnsPre-tax profit at 5.7 billion is at a high, we grew year-on-year despite some items that in this year created some noise, but what’s really exciting is the momentum we see in the business, Deutsche Bank CFO James von Moltke told CNBC on Thursday., As part of a 2.5 billion euro operational efficiency program, Deutsche Bank said it expects to cut 3,500 jobs, mainly in non-client-facing areas.

Deutsche Bank’s last close was $12.85, 8.35% under its 52-week high of $14.02. Intraday change was 5.88%.

Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions. The company's Investment Bank segment offers debt origination, merger and acquisitions, and equity advisory services. Its Private Bank segment provides payment and account services, and credit and deposit products, as well as investment advice products, such as environmental, social, and governance products. This segment also provides banking, wealth management services, postal and parcel services; and offers support in planning, managing and investing wealth, financing personal and business interests, and servicing institutional and corporate needs. The company's Asset Management segment provides investment solutions, such as alternative investments, which include real estate, infrastructure, private equity, liquid real assets, and sustainable investments; and various other services, including insurance and pension solutions, asset liability management, portfolio management solutions, and asset allocation advisory to individuals and institutions. Deutsche Bank Aktiengesellschaft was founded in 1870 and is based in Frankfurt am Main, Germany.

Earnings Per Share

As for profitability, Deutsche Bank has a trailing twelve months EPS of $2.44.

PE Ratio

Deutsche Bank has a trailing twelve months price to earnings ratio of 5.58. Meaning, the purchaser of the share is investing $5.58 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 7.51%.

Yearly Top and Bottom Value

Deutsche Bank’s stock is valued at $13.60 at 16:15 EST, under its 52-week high of $14.02 and way higher than its 52-week low of $8.85.

More news about Deutsche Bank.

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