Top 4 Dividend Yield Stocks in the Basic Material Sector
By:NewsyStocks   Wednesday, August 17, 2021 3:46 PM



1.)    Great Northern Iron Ore Properties (NYSE: GNI) is at the top of the list with a dividend yield of 11.32 percent. The company is a conventional non-voting trust, and it owns and leases mineral and non-mineral lands on the Mesabi Iron Range in northeastern Minnesota. The company has a market capitalization of $159 million and an enterprise value of $154.9 million. In the last year, the stock has given a return of 2.7 percent to its shareholders. The company is trading at a P/E of 7.66, below the industry's average P/E of 8.05. For the trailing 12 months the company has reported net income of $20.85 million, or $13.90 per share. The company operates at a profit margin of 85.44 percent and an operating margin of 85.35 percent. The company has a cash balance of $4.84 million, and it does not have any debt. The stock trades with a beta of 0.4, indicating that the stock is less volatile than the broader market. GNI was trading higher by 0.92 percent to $107.40 on Wednesday.

2.)    Mesabi Trust (NYSE: MSB) conserves and protects the trust estate and  collects and distributes income and proceeds from the trust's certificate holders after the payment of, or provision for, expenses and liabilities. The company has a total market capitalization of $331.54 million and has a dividend yield of 9.23 percent. In the last year the stock has given a return of 4 percent to its shareholders. The company is trading at a P/E of 10.79, below the industry's average P/E of 13.50. For the trailing 12 months the company has reported net income of $30.74 million, or $2.34 per share. The company operates at a profit margin of 97.20 percent and an operating margin of 97.36 percent. The company has a cash balance of $1.19 million, and it does not have any debt. The stock trades with a beta of 1.90, indicating that the stock is risky as it is more volatile than the broader market. MSB was up 1.03 percent to $25.53 today.

3.)    Terra Nitrogen Co. LP (NYSE: TNH) produces and distributes nitrogen fertilizer products to agricultural and industrial customers. The company has a total market capitalization of $3.2 billion and has a dividend yield of 8.74 percent. In the last year the stock has given a return of 85.5 percent to its stockholders. The company is trading at a P/E of 8.97, below the industry's average P/E of 11.91. For the trailing 12 months the company has reported net income of $350.80 million, or $18.77 per share. The company operates at a profit margin of 52.09 percent and an operating margin of 52.12 percent. The company has a cash balance of $152.50 million, and it does not have any debt. The stock trades with a beta of 0.36, indicating that the stock is less volatile than the broader market. TNH was trading higher by 0.98 percent to $170 on Wednesday.

4.)    Southern Copper Corporation (NYSE: SCCO) engages in mining, smelting, and refining mineral properties in Peru, Mexico, and Chile. The company has a total market capitalization of $25.90 billion and has a dividend yield of 8.13 percent. In the last year the stock has given a return of 0.4 percent to its stockholders. The company is trading at a P/E of 12.69, below the industry's average P/E of 16.69. For the trailing 12 months the company has reported net income of $1.99 billion, or $2.35 per share. The company operates at a profit margin of 26.47 percent and an operating margin of 50.92 percent. The company has a cash balance of $1.68 billion, and has a total debt of $2.75 billion. The stock trades with a beta of 1.60, indicating that the stock is risky as it is more volatile than the broader market. SCCO was up 4.87 percent to $31.22 a share.


 

Sponsors

Advertisement


Advertisement