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Avenue Income Credit Strategies Fund, John Hancock, Another 3 Companies Have A High Estimated Dividend Yield

Via News Editorial Team

December 2, 2022

Avenue Income Credit Strategies Fund, John Hancock, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) - Avenue Income Credit Strategies Fund (ACP), John Hancock (HPF), Stellus Capital Investment Corporation (SCM) have the highest dividend yield stocks on this list.

Rank Financial Asset Price Change Forward Dividend Yield Updated (EST)
1 Avenue Income Credit Strategies Fund (ACP) 6.79 0.59% 17.7% 2022-11-19 12:23:05
2 John Hancock (HPF) 15.89 1.27% 9.42% 2022-11-21 17:23:14
3 Stellus Capital Investment Corporation (SCM) 13.74 -0.07% 8.42% 2022-11-23 19:49:15
4 Pinnacle West Capital Corporation (PNW) 76.08 -0.11% 4.54% 2022-11-23 11:13:07
5 UGI Corporation (UGI) 38.94 -3.69% 3.73% 2022-11-24 11:15:07

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. Avenue Income Credit Strategies Fund (ACP) - Dividend Yield: 17.7%

Avenue Income Credit Strategies Fund's last close was $6.79, 40.18% under its 52-week high of $11.35.

Aberdeen Asset Managers Limited launched the Avenue Income Credit Strategies Fund, a closed-ended fixed income investment fund. Aberdeen Standard Investments Inc. co-manages the fund. It invests in fixed-income markets around the world. The fund primarily invests in loans and other debt instruments. Avenue Income Credit Strategies Fund was established on October 12, 2010, and is based in the United States.

Earnings per Share

Avenue Income Credit Strategies Fund's trailing 12 months EPS is $2.09.

PE Ratio

Avenue Income Credit Strategies Fund's trailing 12-month price-to-earnings ratio is 3.25. The purchaser of the shares is therefore investing $3.25 per dollar in annual earnings.

For the 12 trailing months, the company's return-on-equity, which is a measure of profitability relative to shareholders' equity, was negative at -11.11%.

More news about Avenue Income Credit Strategies Fund.

2. John Hancock (HPF) - Dividend Yield: 9.42%

John Hancock's last close was $15.69, 28.03% under its 52-week high of $21.80.

John Hancock Preferred Income Fund 2 is a closed-ended fixed income mutual fund that was launched by John Hancock Investment Management LLC. John Hancock Asset Management co-manages the fund. It invests in fixed income markets within the United States. The fund seeks investments in securities from companies that operate across multiple sectors. It invests primarily in convertible preferred securities and preferred values of companies. The fund benchmarks its performance against both the Bank of America Merrill Lynch Hybrid Preferred Securities Index (Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund II, which was established on November 29, 2002, is based in the United States.

Earnings Per Share

As for profitability, John Hancock has a trailing twelve months EPS of $-0.74.

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 -6.49%.

Volume

John Hancock's current volume is 2007, which is 40% lower than its average volume (33675).

Revenue Growth

Year-on-year quarterly revenue growth declined by 3%, now sitting on 36.33M for the twelve trailing months.

More news about John Hancock.

3. Stellus Capital Investment Corporation (SCM) - Dividend Yield: 8.42%

Stellus Capital Investment Corporation's last close was $13.74, 3.24% below its 52-week high of $14.20.

Stellus Capital Investment Corporation (Stellus Capital Investment Corporation) is a business development firm that specializes in investing in middle-market private companies. The fund invests via first lien, second lien and unitranche debt financing. Often, it also makes an equity investment. It prefers to make investments in the USA and Canada. Fund seeks companies that have an EBITDA of between $5 and $50 Million.

Earnings Per Share

As for profitability, Stellus Capital Investment Corporation has a trailing twelve months EPS of $1.04.

PE Ratio

Stellus Capital Investment Corporation has a trailing twelve months price to earnings ratio of 13.25. Meaning, the purchaser of the share is investing $13.25 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 10.68%.

More news about Stellus Capital Investment Corporation.

4. Pinnacle West Capital Corporation (PNW) - Dividend Yield: 4.54%

Pinnacle West Capital Corporation's last close was $76.16, 5.4% under its 52-week high of $80.51.

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities consist of approximately 6,192 pole miles of overhead lines and approximately 49 miles of underground lines; and distribution facilities comprise approximately 11,191 miles of overhead lines and approximately 22,092 miles of underground primary cable. The company serves approximately 1.3 million customers. It owns or leases approximately 6,316 megawatts of regulated generation capacity. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.

Earnings per Share

Pinnacle West Capital Corporation's trailing twelve-month EPS is $4.73.

PE Ratio

Pinnacle West Capital Corporation's trailing 12 months earnings to price ratio is 16.08. The purchaser of the shares is investing $16.08 per dollar in annual earnings.

For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a business, was 8.8%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.4%, now sitting on 4.11B for the twelve trailing months.

Sales Growth

Pinnacle West Capital Corporation's sales growth is negative 23.7% for the present quarter and 4.8% for the next.

More news about Pinnacle West Capital Corporation.

5. UGI Corporation (UGI) - Dividend Yield: 3.73%

UGI Corporation's last close was $38.94, 17.22% below its 52-week high of $47.04.

UGI Corporation sells, markets, stores, transports and distributes energy products and related services both in the United States as well as internationally. UGI Utilities, Midstream & Marketing and AmeriGas Propane are the four main segments of UGI Corporation. It distributes propane to approximately 1.4 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,600 propane distribution location. LPG is also distributed to commercial, industrial, residential, wholesale, automotive, and fuel customers. The company provides logistic, storage and other services for third-party LPG distributors. It also sells natural gas and liquid fuels to around 12,600 customers in 42,400 locations. The company also distributes natural gas in Pennsylvania to around 672,000 people through approximately 12,400 miles worth of gas mains. It supplies electricity to about 62,500 customers in Northeastern Pennsylvania via 2,600 miles and 14 substations. It also operates electric generation plants, including coal-fired and landfill gas-fueled, natural gas-powered, and solar-powered facilities. There are 2,600 miles of lines and 14 substations that run through the company. The company also operates natural gas pipeline and storage contract management, develops and owns gathering infrastructure and manages gas storage facilities. UGI Corporation was founded in 1991. It is located in King of Prussia in Pennsylvania.

Earnings per Share

UGI Corporation's trailing 12 months profit per share is $6.28

PE Ratio

UGI Corporation's trailing 12 months earnings to price ratio is 6.2. The purchaser of the shares is therefore investing $6.2 per dollar in annual earnings.

For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 18.62%.

Volume

The UGI Corporation's current reported volume is 1841670, which is 46.64% more than its average volume of 125830.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 3.73%.

Annual Top and Bottom Value

UGI Corporation stock was valued at $38.94 as of 19:16 EST. This is way lower than the 52-week high at $47.04 but much higher than its low 52-week of $31.19.

More news about UGI Corporation.