(VIANEWS) – Western Asset High Yield Defined Opportunity Fund (HYI), Blackrock Debt Strategies Fund (DSU), UNIVERSAL INSURANCE HOLDINGS (UVE) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Western Asset High Yield Defined Opportunity Fund (HYI) | 9.04% | 2023-02-21 06:23:17 |
| Blackrock Debt Strategies Fund (DSU) | 8.51% | 2023-02-20 03:46:19 |
| UNIVERSAL INSURANCE HOLDINGS (UVE) | 6.67% | 2023-02-03 11:48:19 |
| Packaging Corporation of America (PKG) | 3.61% | 2023-02-02 07:15:23 |
| Colony Bankcorp (CBAN) | 3.4% | 2023-02-04 21:07:12 |
| PNM Resources (PNM) | 3.03% | 2023-02-02 08:23:18 |
| Paychex (PAYX) | 2.75% | 2023-02-22 15:37:04 |
| Argan (AGX) | 2.51% | 2023-02-18 23:09:09 |
| Air Products and Chemicals (APD) | 2.44% | 2023-02-22 15:54:32 |
| First Bancorp (FBNC) | 2.07% | 2023-02-22 15:56:19 |
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. Western Asset High Yield Defined Opportunity Fund (HYI) – Dividend Yield: 9.04%
Western Asset High Yield Defined Opportunity Fund’s last close was $12.21, 14.68% under its 52-week high of $14.31. Intraday change was -0.21%.
Western Asset High Yield Defined Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited. It invests fixed income markets across the globe. The fund invests in high-yield corporate fixed income securities with varying maturities. It invests in below investment grade fixed income securities. Western Asset High Yield Defined Opportunity Fund Inc. was formed on July 20, 2010 and is domiciled in the United States.
Moving Average
Western Asset High Yield Defined Opportunity Fund’s value is below its 50-day moving average of $12.39 and below its 200-day moving average of $12.30.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 16, 2023, the estimated forward annual dividend rate is 1.13 and the estimated forward annual dividend yield is 9.04%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Western Asset High Yield Defined Opportunity Fund’s stock is considered to be overbought (>=80).
More news about Western Asset High Yield Defined Opportunity Fund.
2. Blackrock Debt Strategies Fund (DSU) – Dividend Yield: 8.51%
Blackrock Debt Strategies Fund’s last close was $9.87, 8.53% under its 52-week high of $10.79. Intraday change was 0.1%.
BlackRock Debt Strategies Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of companies' debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services (BBB or lower by S&P's or Baa or lower by Moody's) or unrated debt instruments, which are in the judgment of the investment adviser of equivalent quality. It was formerly known as Debt Strategies Fund Inc. BlackRock Debt Strategies Fund, Inc. was formed on March 27, 1998 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Debt Strategies Fund has a trailing twelve months EPS of $0.01.
PE Ratio
Blackrock Debt Strategies Fund has a trailing twelve months price to earnings ratio of 658. Meaning, the purchaser of the share is investing $658 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 negative -7.15%.
More news about Blackrock Debt Strategies Fund.
3. UNIVERSAL INSURANCE HOLDINGS (UVE) – Dividend Yield: 6.67%
UNIVERSAL INSURANCE HOLDINGS’s last close was $12.65, 27.92% under its 52-week high of $17.55. Intraday change was 1.19%.
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners' insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.
Earnings Per Share
As for profitability, UNIVERSAL INSURANCE HOLDINGS has a trailing twelve months EPS of $0.81.
PE Ratio
UNIVERSAL INSURANCE HOLDINGS has a trailing twelve months price to earnings ratio of 15.88. Meaning, the purchaser of the share is investing $15.88 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 negative -25.3%.
Volume
Today’s last reported volume for UNIVERSAL INSURANCE HOLDINGS is 25438 which is 87.46% below its average volume of 202904.
More news about UNIVERSAL INSURANCE HOLDINGS.
4. Packaging Corporation of America (PKG) – Dividend Yield: 3.61%
Packaging Corporation of America’s last close was $142.15, 15.64% under its 52-week high of $168.50. Intraday change was -0.39%.
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication-based papers, such as cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Earnings Per Share
As for profitability, Packaging Corporation of America has a trailing twelve months EPS of $11.05.
PE Ratio
Packaging Corporation of America has a trailing twelve months price to earnings ratio of 12.86. Meaning, the purchaser of the share is investing $12.86 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 27.18%.
Volume
Today’s last reported volume for Packaging Corporation of America is 877349 which is 23.58% above its average volume of 709895.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 15, 2022, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 3.61%.
Moving Average
Packaging Corporation of America’s value is above its 50-day moving average of $132.93 and above its 200-day moving average of $136.94.
More news about Packaging Corporation of America.
5. Colony Bankcorp (CBAN) – Dividend Yield: 3.4%
Colony Bankcorp’s last close was $13.35, 29.74% below its 52-week high of $19.00. Intraday change was 0.75%.
Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers various deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans. In addition, the company offers internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of January 20, 2022, it operated 39 locations throughout Georgia. The company was founded in 1975 and is headquartered in Fitzgerald, Georgia.
Earnings Per Share
As for profitability, Colony Bankcorp has a trailing twelve months EPS of $1.14.
PE Ratio
Colony Bankcorp has a trailing twelve months price to earnings ratio of 11.71. Meaning, the purchaser of the share is investing $11.71 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 8.73%.
Volume
Today’s last reported volume for Colony Bankcorp is 41204 which is 4.11% below its average volume of 42973.
More news about Colony Bankcorp.
6. PNM Resources (PNM) – Dividend Yield: 3.03%
PNM Resources’s last close was $49.25, 0.71% under its 52-week high of $49.60. Intraday change was -0.46%.
PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2018, this segment had owned or leased facilities with a total net generation capacity of 2,102 megawatts; and owned 3,206 miles of electric transmission lines, 6,067 miles of distribution overhead lines, 5,885 miles of underground distribution lines, and 255 substations. It also owns and leases office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2018, this segment owned 997 miles of overhead electric transmission lines, 7,151 miles of overhead distribution lines, 1,260 miles of underground distribution lines, and 122 substations. It also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 782,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1917 and is headquartered in Albuquerque, New Mexico.
Earnings Per Share
As for profitability, PNM Resources has a trailing twelve months EPS of $2.51.
PE Ratio
PNM Resources has a trailing twelve months price to earnings ratio of 19.66. Meaning, the purchaser of the share is investing $19.66 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 7.84%.
Moving Average
PNM Resources’s value is above its 50-day moving average of $48.98 and above its 200-day moving average of $47.53.
Sales Growth
PNM Resources’s sales growth is negative 2.2% for the present quarter and negative 43.6% for the next.
Yearly Top and Bottom Value
PNM Resources’s stock is valued at $49.25 at 19:15 EST, under its 52-week high of $49.60 and way higher than its 52-week low of $43.43.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.2%, now sitting on 1.93B for the twelve trailing months.
More news about PNM Resources.
7. Paychex (PAYX) – Dividend Yield: 2.75%
Paychex’s last close was $110.68, 22.01% under its 52-week high of $141.92. Intraday change was -0.65%.
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
Earnings Per Share
As for profitability, Paychex has a trailing twelve months EPS of $2.92.
PE Ratio
Paychex has a trailing twelve months price to earnings ratio of 37.94. Meaning, the purchaser of the share is investing $37.94 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 46.37%.
Yearly Top and Bottom Value
Paychex’s stock is valued at $110.79 at 19:15 EST, way under its 52-week high of $141.92 and above its 52-week low of $105.66.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 7, 2023, the estimated forward annual dividend rate is 3.16 and the estimated forward annual dividend yield is 2.75%.
Volatility
Paychex’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.11%, a negative 0.27%, and a positive 1.32%.
Paychex’s highest amplitude of average volatility was 1.16% (last week), 1.42% (last month), and 1.32% (last quarter).
More news about Paychex.
8. Argan (AGX) – Dividend Yield: 2.51%
Argan’s last close was $39.88, 5.39% below its 52-week high of $42.15. Intraday change was 0.63%.
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction (EPC) contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and steel pipe and vessel fabrication services for forest products, power, energy, large fertilizer, EPC, mining, and petrochemical companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structuring, cabling, terminations, and connectivity that offers the physical transport for high speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was founded in 1961 and is headquartered in Rockville, Maryland.
Earnings Per Share
As for profitability, Argan has a trailing twelve months EPS of $1.5.
PE Ratio
Argan has a trailing twelve months price to earnings ratio of 26.59. Meaning, the purchaser of the share is investing $26.59 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 6.16%.
More news about Argan.
9. Air Products and Chemicals (APD) – Dividend Yield: 2.44%
Air Products and Chemicals’s last close was $277.51, 15.54% below its 52-week high of $328.56. Intraday change was 0.14%.
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, manufacturing, electronics, magnetic resonance imaging, energy production, medical, food, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.
Earnings Per Share
As for profitability, Air Products and Chemicals has a trailing twelve months EPS of $8.51.
PE Ratio
Air Products and Chemicals has a trailing twelve months price to earnings ratio of 32.65. Meaning, the purchaser of the share is investing $32.65 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 15.84%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Air Products and Chemicals’s stock is considered to be overbought (>=80).
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 10.5% and 10.7%, respectively.
More news about Air Products and Chemicals.
10. First Bancorp (FBNC) – Dividend Yield: 2.07%
First Bancorp’s last close was $40.08, 18.2% under its 52-week high of $49.00. Intraday change was -2.58%.
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.
Earnings Per Share
As for profitability, First Bancorp has a trailing twelve months EPS of $3.18.
PE Ratio
First Bancorp has a trailing twelve months price to earnings ratio of 12.57. Meaning, the purchaser of the share is investing $12.57 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 12.99%.
Moving Average
First Bancorp’s worth is under its 50-day moving average of $41.99 and above its 200-day moving average of $39.62.
More news about First Bancorp.
