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XOMA Corporation, Edison International, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – XOMA Corporation (XOMA), Edison International (EIX), Mid (MAA) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
XOMA Corporation (XOMA) 9.27% 2024-03-27 13:23:07
Edison International (EIX) 4.5% 2024-04-08 15:19:51
Mid (MAA) 4.36% 2024-04-08 15:21:08
PNM Resources (PNM) 4.17% 2024-04-06 21:13:05
Enterprise Bancorp (EBTC) 3.87% 2024-03-23 07:41:07

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. XOMA Corporation (XOMA) – Dividend Yield: 9.27%

XOMA Corporation’s last close was $23.15, 13.72% under its 52-week high of $26.83. Intraday change was -0.37%.

XOMA Corporation, a biotech royalty aggregator, discovers and develops therapeutic candidates in the United States, Europe, and the Asia Pacific. The company has a pipeline of monoclonal antibodies and technologies to license to pharmaceutical and biotechnology companies to further their clinical development. Its proprietary product candidates include PTH1R program, an anti-parathyroid receptor pipeline to address unmet medical needs, including primary hyperparathyroidism and humoral hypercalcemia of malignancy; XMetA, an insulin receptor-activating antibody to provide long-acting reduction of hyperglycemia in Type 2 diabetic patients; and X213, an allosteric inhibitor of prolactin action;. The company also licenses antibody discovery, optimization, and development technologies. It has research and development collaboration agreements with Novartis Vaccines and Diagnostics, Inc.; Novartis Pharma AG; Novartis International Pharmaceutical Ltd.; Rezolute, Inc.; Takeda Pharmaceutical Company Limited; and Cadila Healthcare Limited. XOMA Corporation was incorporated in 1981 and is headquartered in Emeryville, California.

Earnings Per Share

As for profitability, XOMA Corporation has a trailing twelve months EPS of $-4.04.

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 -38.39%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 19.4% and a drop 22% for the next.

Sales Growth

XOMA Corporation’s sales growth is 289% for the present quarter and 48.4% for the next.

More news about XOMA Corporation.

2. Edison International (EIX) – Dividend Yield: 4.5%

Edison International’s last close was $70.82, 5.47% under its 52-week high of $74.92. Intraday change was -0.2%.

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 distribution substations. The company was founded in 1886 and is based in Rosemead, California.

Earnings Per Share

As for profitability, Edison International has a trailing twelve months EPS of $3.11.

PE Ratio

Edison International has a trailing twelve months price to earnings ratio of 22.73. Meaning, the purchaser of the share is investing $22.73 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 6.75%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Edison International’s EBITDA is 3.87.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 3.12 and the estimated forward annual dividend yield is 4.5%.

More news about Edison International.

3. Mid (MAA) – Dividend Yield: 4.36%

Mid’s last close was $127.10, 19.79% below its 52-week high of $158.46. Intraday change was 4.42%.

MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of December 31, 2023, MAA had ownership interest in 102,662 apartment units, including communities currently in development, across 16 states and the District of Columbia.

Earnings Per Share

As for profitability, Mid has a trailing twelve months EPS of $4.72.

PE Ratio

Mid has a trailing twelve months price to earnings ratio of 28.12. Meaning, the purchaser of the share is investing $28.12 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 9.11%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jan 11, 2024, the estimated forward annual dividend rate is 5.88 and the estimated forward annual dividend yield is 4.36%.

Stock Price Classification

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

More news about Mid.

4. PNM Resources (PNM) – Dividend Yield: 4.17%

PNM Resources’s last close was $37.20, 24.21% below its 52-week high of $49.08. Intraday change was 0.05%.

PNM Resources, Inc., through its subsidiaries, provides electricity and electric services 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 engages in the generation, transmission, and distribution of electricity. The segment owns and leases communication, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is headquartered in Albuquerque, New Mexico.

Earnings Per Share

As for profitability, PNM Resources has a trailing twelve months EPS of $1.02.

PE Ratio

PNM Resources has a trailing twelve months price to earnings ratio of 36.47. Meaning, the purchaser of the share is investing $36.47 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 4.56%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

PNM Resources’s EBITDA is 122.36.

More news about PNM Resources.

5. Enterprise Bancorp (EBTC) – Dividend Yield: 3.87%

Enterprise Bancorp’s last close was $24.83, 27.18% below its 52-week high of $34.10. Intraday change was -3.39%.

Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company that provides commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans, as well as home equity loans and lines of credit. In addition, the company offers cash management services; wealth advisory and management services that include customized investment management and trust services to individuals, family groups, commercial businesses, trusts, foundations, non-profit organizations, and endowments; brokerage and management services to individual investors; insurance services; and voice, online, and mobile banking services. As of January 27, 2022, it had 26 full-service branches located in the Massachusetts communities of Acton, Andover, Billerica, Chelmsford, Dracut, Fitchburg, Lawrence, Leominster, Lexington, Lowell, Methuen, North Andover, Tewksbury, Tyngsborough, and Westford; and in the New Hampshire communities of Derry, Hudson, Nashua, Pelham, Salem, and Windham. The company was founded in 1989 and is headquartered in Lowell, Massachusetts.

Earnings Per Share

As for profitability, Enterprise Bancorp has a trailing twelve months EPS of $3.11.

PE Ratio

Enterprise Bancorp has a trailing twelve months price to earnings ratio of 7.98. Meaning, the purchaser of the share is investing $7.98 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 12.45%.

More news about Enterprise Bancorp.

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