(VIANEWS) – Air T (AIRTP), Invesco Trust for Investment Grade Municipals (VGM), Blackrock MuniYield Fund (MYD) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Air T (AIRTP) | 8.68% | 2023-04-07 10:44:13 |
| Invesco Trust for Investment Grade Municipals (VGM) | 4.57% | 2023-03-31 19:41:26 |
| Blackrock MuniYield Fund (MYD) | 4.41% | 2023-03-29 23:46:16 |
| Pimco California Municipal Income Fund II (PCK) | 3.98% | 2023-03-30 11:47:18 |
| Ardmore Shipping Corporation (ASC) | 3.02% | 2023-03-26 21:08:08 |
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. Air T (AIRTP) – Dividend Yield: 8.68%
Air T’s last close was $21.30, 12.2% under its 52-week high of $24.26. Intraday change was 0%.
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2021, this segment had 66 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.
Earnings Per Share
As for profitability, Air T has a trailing twelve months EPS of $0.34.
PE Ratio
Air T has a trailing twelve months price to earnings ratio of 63.39. Meaning, the purchaser of the share is investing $63.39 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 5.46%.
Yearly Top and Bottom Value
Air T’s stock is valued at $21.30 at 20:15 EST, way under its 52-week high of $24.26 and way higher than its 52-week low of $19.10.
More news about Air T.
2. Invesco Trust for Investment Grade Municipals (VGM) – Dividend Yield: 4.57%
Invesco Trust for Investment Grade Municipals’s last close was $9.94, 16.33% below its 52-week high of $11.88. Intraday change was 1.12%.
Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals was formed on January 24, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Trust for Investment Grade Municipals has a trailing twelve months EPS of $0.31.
PE Ratio
Invesco Trust for Investment Grade Municipals has a trailing twelve months price to earnings ratio of 31.66. Meaning, the purchaser of the share is investing $31.66 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 negative -17.64%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 13, 2023, the estimated forward annual dividend rate is 0.47 and the estimated forward annual dividend yield is 4.57%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.3%, now sitting on 43.87M for the twelve trailing months.
Yearly Top and Bottom Value
Invesco Trust for Investment Grade Municipals’s stock is valued at $9.94 at 20:15 EST, way under its 52-week high of $11.88 and way above its 52-week low of $9.00.
More news about Invesco Trust for Investment Grade Municipals.
3. Blackrock MuniYield Fund (MYD) – Dividend Yield: 4.41%
Blackrock MuniYield Fund ‘s last close was $10.48, 17.87% under its 52-week high of $12.76. Intraday change was 0.1%.
BlackRock MuniYield Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes. BlackRock MuniYield Fund, Inc. was formed on November 29, 1991 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniYield Fund has a trailing twelve months EPS of $0.3.
PE Ratio
Blackrock MuniYield Fund has a trailing twelve months price to earnings ratio of 35.05. Meaning, the purchaser of the share is investing $35.05 for every dollar of annual earnings.
Volume
Today’s last reported volume for Blackrock MuniYield Fund is 94604 which is 3.95% below its average volume of 98503.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 13, 2023, the estimated forward annual dividend rate is 0.49 and the estimated forward annual dividend yield is 4.41%.
More news about Blackrock MuniYield Fund .
4. Pimco California Municipal Income Fund II (PCK) – Dividend Yield: 3.98%
Pimco California Municipal Income Fund II’s last close was $6.06, 21.91% under its 52-week high of $7.76. Intraday change was 0.72%.
PIMCO California Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal fixed-income securities. Its portfolio of investments include investments in California municipal bonds and notes, other municipal bonds and notes, call and put options written, California variable rate notes, other variable rate notes, corporate notes, California variable rate demand note, and U.S. treasury bills. PIMCO California Municipal Income Fund II was formed in June 28, 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, Pimco California Municipal Income Fund II has a trailing twelve months EPS of $0.55.
PE Ratio
Pimco California Municipal Income Fund II has a trailing twelve months price to earnings ratio of 11.18. Meaning, the purchaser of the share is investing $11.18 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 2.76%.
Yearly Top and Bottom Value
Pimco California Municipal Income Fund II’s stock is valued at $6.10 at 20:15 EST, way under its 52-week high of $7.76 and higher than its 52-week low of $5.91.
Volume
Today’s last reported volume for Pimco California Municipal Income Fund II is 52765 which is 46.79% below its average volume of 99175.
Moving Average
Pimco California Municipal Income Fund II’s value is below its 50-day moving average of $6.21 and under its 200-day moving average of $6.66.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 9, 2023, the estimated forward annual dividend rate is 0.26 and the estimated forward annual dividend yield is 3.98%.
More news about Pimco California Municipal Income Fund II.
5. Ardmore Shipping Corporation (ASC) – Dividend Yield: 3.02%
Ardmore Shipping Corporation’s last close was $14.97, 22.87% below its 52-week high of $19.41. Intraday change was 0.34%.
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
Earnings Per Share
As for profitability, Ardmore Shipping Corporation has a trailing twelve months EPS of $3.53.
PE Ratio
Ardmore Shipping Corporation has a trailing twelve months price to earnings ratio of 4.24. Meaning, the purchaser of the share is investing $4.24 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 33.15%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 3700% and a drop 48.1% for the next.
Volume
Today’s last reported volume for Ardmore Shipping Corporation is 653985 which is 34.31% below its average volume of 995645.
Revenue Growth
Year-on-year quarterly revenue growth grew by 153.2%, now sitting on 445.74M for the twelve trailing months.
Yearly Top and Bottom Value
Ardmore Shipping Corporation’s stock is valued at $14.97 at 20:15 EST, way under its 52-week high of $19.41 and way higher than its 52-week low of $4.21.
More news about Ardmore Shipping Corporation.
