(VIANEWS) – Broadcom (AVGOP), Avista Corporation (AVA), South Jersey Industries (SJI) have the highest dividend yield stocks on this list.

Rank Financial Asset Price Change Forward Dividend Yield Updated (EST)
1 Broadcom (AVGOP) 1406.70 -2.58% 4.83% 2022-09-30 09:02:29
2 Avista Corporation (AVA) 38.95 -2.67% 4.16% 2022-09-28 04:42:14
3 South Jersey Industries (SJI) 34.52 -0.17% 3.62% 2022-09-14 07:44:16
4 Hawaiian Electric Industries (HE) 35.44 -2.98% 3.31% 2022-09-30 03:47:14
5 Merck (MRK) 86.40 -0.27% 3.09% 2022-09-30 14:50:21
6 Hurco Companies (HURC) 23.78 -1.33% 2.52% 2022-09-18 01:55:13

A little less 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. Broadcom (AVGOP) – Dividend Yield: 4.83%

Broadcom’s last close was $1,406.70, 33% below its 52-week high of $2,099.51.

Broadcom Inc. develops and sells semiconductor products. It focuses on analog and digital III-V products and complex digital and mixed signals complementary metal oxide semiconductor based designs. It operates two business segments: Semiconductor Solutions, and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing merchant silicon products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic transmitter and receiver components. It also sells RF front-end modules, power amplifiers, filters, as well as global positioning system/global satellite system SoCs. The company’s products can be used for a variety of purposes, such as enterprise and data centre networking, home connectivity and set-top boxes; broadband access; telecommunication equipment; smartphones and base station, storage and servers, factory automation and power generation, and electronic displays. Broadcom Inc. was founded in 2018, and its headquarters are in San Jose, California.

Earnings Per Share

As for profitability, Broadcom has a trailing twelve months EPS of $15.

PE Ratio

Broadcom has a trailing twelve months price to earnings ratio of 93.78. Meaning,
the purchaser of the share is investing $93.78 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 39.71%.

More news about Broadcom.

2. Avista Corporation (AVA) – Dividend Yield: 4.16%

Avista Corporation’s last close was $38.95, 16.95% under its 52-week high of $46.90.

Avista Corporation is an electric and natural-gas utility company. Avista Utilities is one segment, while AEL&P is the other. Avista Utilities provides electricity distribution and transmission and natural gas distribution in some parts of eastern Washington. The wholesale sale and purchase of natural gas and electricity is also part of this segment. AEL&P provides electric service to approximately 17,000 residents of Juneau and its borough, Alaska. It generates electricity using hydro, thermal and wind power plants. It provided electricity service to over 400,000 customers as of February 24, 2021 and natural gas services to 3667,000. The company also invests in venture funds, real estate, and other types of investments. Avista Corporation was founded in Spokane in Washington in 1889.

Earnings Per Share

As for profitability, Avista Corporation has a trailing twelve months EPS of $1.9.

PE Ratio

Avista Corporation has a trailing twelve months price to earnings ratio of 20.5. Meaning,
the purchaser of the share is investing $20.5 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 7.01%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 25, 2022, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 4.16%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Avista Corporation’s stock is considered to be overbought (>=80).

Sales Growth

Avista Corporation’s sales growth for the current quarter is 3.9%.

More news about Avista Corporation.

3. South Jersey Industries (SJI) – Dividend Yield: 3.62%

South Jersey Industries’s last close was $34.52, 2.27% below its 52-week high of $35.32.

South Jersey Industries, Inc., and its subsidiaries, provide energy-related services and products. It is involved in natural gas purchase, transportation, and sales. The company also offers natural gas transportation capacity and wholesale natural gas sales to commercial and residential customers. It can also transport natural gas directly from suppliers or producers to its customers. The company served approximately 404,886 customers from southern New Jersey, including commercial and residential customers. It had 146.7 miles of transmission line and 6771 mile of distribution network mains as of December 31, 2020. It also markets commodity and storage natural gas transportation assets, as well as energy marketers and electric and gas utilities. The company also owns and manages rooftop solar-generation facilities. It also owns the Marcellus Shale oil, gas, mineral rights and natural gas in Pennsylvania. The company acquires and sells natural gas to end-users. Folsom is the headquarters of this company, which was established in 1910.

Earnings Per Share

As for profitability, South Jersey Industries has a trailing twelve months EPS of $1.62.

PE Ratio

South Jersey Industries has a trailing twelve months price to earnings ratio of 21.35. Meaning,
the purchaser of the share is investing $21.35 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 4.53%.

More news about South Jersey Industries.

4. Hawaiian Electric Industries (HE) – Dividend Yield: 3.31%

Hawaiian Electric Industries’s last close was $35.44, 20.75% below its 52-week high of $44.72.

Hawaiian Electric Industries, Inc., and its subsidiaries, is involved in electric utility business, as well as banking, primarily in Hawaii. Electric Utility is the company’s segment. It generates, purchases, transmits, distributes, and sells electric energy. The company’s potential energy sources are wind, solar photovoltaic and geothermal. The segment sells and distributes electricity in Oahu and Hawaii. It also serves resorts, military installations and agriculture operations. The bank’s Bank segment offers financial and banking services. This includes checking and savings accounts, savings and mortgage products. Loans include residential, commercial, commercial, construction, development and multifamily real estate. Consumer loans can also be offered. The segment has 49 branches. There are 6 Maui branches, 34 Oahu branches and 5 Hawaii branches. 3 Kauai branches, 1 Molokai branch, and 4 Maui branches. Its other segment invests in infrastructure and non-regulated renewable energy in Hawaii. Hawaiian Electric Industries Inc. was established in Honolulu in Hawaii in 1891.

Earnings Per Share

As for profitability, Hawaiian Electric Industries has a trailing twelve months EPS of $1.81.

PE Ratio

Hawaiian Electric Industries has a trailing twelve months price to earnings ratio of 19.58. Meaning,
the purchaser of the share is investing $19.58 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 10.69%.

Moving Average

Hawaiian Electric Industries’s worth is way under its 50-day moving average of $40.35 and way under its 200-day moving average of $41.33.

Revenue Growth

Year-on-year quarterly revenue growth grew by 22.1%, now sitting on 2.99B for the twelve trailing months.

More news about Hawaiian Electric Industries.

5. Merck (MRK) – Dividend Yield: 3.09%

Merck’s last close was $86.12, 10.03% under its 52-week high of $95.72.

Merck & Co., Inc. is a global healthcare provider. The company operates in two areas: Pharmaceutical and Animal Health. It offers pharmaceutical products for human health in areas such as oncology and hospital acute care. Animal Health develops and manufactures veterinary vaccines and other health products. It also offers digitally connected traceability and identification solutions. The company serves pharmacies, government agencies, drug retailers, hospitals, as well as managed healthcare providers such as hospital benefit managers and health maintenance organizations. It also assists veterinarians and doctors, distributors of physicians, and animal producers. AstraZeneca PLC, Bayer AG, Eisai Co., Ltd., Ridgeback Biotherapeutics, and Gilead Sciences, Inc. collaborate with the company to develop long-acting HIV treatments. Merck & Co., Inc. is a New Jersey-based company that was established in 1891.

Earnings Per Share

As for profitability, Merck has a trailing twelve months EPS of $2.77.

PE Ratio

Merck has a trailing twelve months price to earnings ratio of 31.2. Meaning,
the purchaser of the share is investing $31.2 for every dollar of annual earnings.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 6.3% and a drop 10% for the next.

More news about Merck.

6. Hurco Companies (HURC) – Dividend Yield: 2.52%

Hurco Companies’s last close was $23.78, 32.35% under its 52-week high of $35.15.

Hurco Companies, Inc., a technology company, develops, produces, and markets computerized machines to the global metal cutting sector. Its main products are general-purpose, computerized machine tools such as turning and vertical machining centers. The company also offers computer control systems, and software to support press brake applications. The company also offers components for machine tools, automation integration equipment and solutions to job shops. It also provides software options, control upgrades and accessories, replacement parts, and customer support. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. It sells products under its Hurco, Milltronics and Takumi brand through both independent distributors and direct sales representatives. Hurco Companies, Inc. is located in Indianapolis, Indiana.

Earnings Per Share

As for profitability, Hurco Companies has a trailing twelve months EPS of $1.32.

PE Ratio

Hurco Companies has a trailing twelve months price to earnings ratio of 18.02. Meaning,
the purchaser of the share is investing $18.02 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 3.81%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 29, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 2.52%.

More news about Hurco Companies.

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