On May 19, NiSource Inc. (NYSE:NI) has evolved as the stock of the future that warrants a significantly strong dividend yield of 4% from the previous $0.25/share per quarter. NI currently vouches to pay its investors $1.04/share on a yearly basis, as mere dividends. NI had, in the past decade, been in the news as its dividend payouts soared near the 0.30 mark. Recent achievements and moderately poised revenue generation have aided NI redeem its stake and solicit higher dividend payout to the investors, of $0.26/share per quarter, payable from August 20, 2014. NiSource Inc. (NYSE:NI) recently announced their per-share earnings of $0.82 and $1.23 billion revenues in Q1. NI’s earnings plummeted up from $0.69/share in Q1-2014; its revenues rose from $1.78 billion in Q1-2013 to $2.32 billion in Q1-2014. The company has also announced an annualized dividend of $1.00/share, payable quarterly. NI has a P/E ratio of 21.35 and a market capitalization estimating to $11.637 billion. NiSource Inc. (NYSE:NI) net profit margin is 14.00% and weekly performance is 2.76%. On last trading day company shares ended up $37.19. Analysts mean target price for the company is $36.75. NiSource Inc. (NYSE:NI) distance from 50-day simple moving average (SMA50) is 4.50%.
Fortis Inc. and UNS Energy (NYSE:UNS) have agreed to provide customer bill credits totaling $30 million over five years, as well as additional capital and enhanced consumer protections, as part of a settlement filed with the Arizona Corporation Commission (ACC) regarding Fortis’ proposed acquisition of UNS Energy. UNS Energy Corp (NYSE:UNS) shares fell -0.02% in last trading session and ended the day on $60.51. Gross Margin is 80.90% and its return on assets is 3.10%. UNS Energy Corp (NYSE:UNS) quarterly performance is 0.82%.
On May 20, AmeriGas Partners, L.P. (NYSE:APU), one of the premier retail propane marketers in the U.S, announced their detailed earnings and market overview in Q1-2014, recently. Currently, the company possesses a market capitalization of 4.3 billion and Enterprise Value or EV of approximately 6 billion. AmeriGas Partners, L.P. (NYSE:APU) has fared quite well, enhancing its EPS of $1.61/share in Q2-2013 to $1.71/share in Q2-2014. The revenues in Q2-2014 stood at $1.49 billion, swinging higher YoY, than in Q2-2013 by a significant 27%. Coming off a modestly strong quarter, the company announced about their annualized dividend payouts of $3.52 to the stakeholders; this breaks down to $0.88/share per quarter. There has been significant yields in dividend payout by 7.83%, from $0.84 in Q2-2013. AmeriGas Partners, L.P. (NYSE:APU) shares moved down -0.40% in last trading session and was closed at $46.88, while trading in range of $46.78 – $47.30. AmeriGas Partners, L.P. (NYSE:APU) year to date (YTD) performance is 9.38%.
New Jersey Resources Corp (NYSE:NJR) VP Deborah G. Zilai sold 3,375 shares of New Jersey Resources Corp stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $52.54, for a total value of $177,322.50. Following the completion of the transaction, the vice president now directly owns 30,460 shares of the company’s stock, valued at approximately $1,600,368. New Jersey Resources Corp (NYSE:NJR) ended the last trading day at $53.39. Company weekly volatility is calculated as 1.71% and price to cash ratio as 224.99. New Jersey Resources Corp (NYSE:NJR) showed a positive weekly performance of 4.50%.
NRG Yield (NYSE:NYLD) broke out of a base-on-base pattern, clearing the 44.61 buy point. But volume was well below average. The thermal energy company has posted declining operating earnings the past two quarters, but still has a 98 IBD Composite Rating. NRG Yield Inc (NYSE:NYLD) net profit margin is 6.40% and weekly performance is 4.02%. On last trading day company shares ended up $44.76. Analysts mean target price for the company is $45.88. NRG Yield Inc (NYSE:NYLD) distance from 50-day simple moving average (SMA50) is 7.32%.
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