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Western Asset Mortgage Defined Opportunity Fund, Duke Energy, Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Western Asset Mortgage Defined Opportunity Fund (DMO), Duke Energy (DUK), Colony Bankcorp (CBAN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Western Asset Mortgage Defined Opportunity Fund (DMO) 13.03% 2023-10-09 13:17:05
Duke Energy (DUK) 4.65% 2023-10-12 12:19:26
Colony Bankcorp (CBAN) 4.51% 2023-09-26 19:43:07
Mizuho Financial Group (MFG) 3.64% 2023-10-12 12:20:54
Berkshire Hills Bancorp (BHLB) 3.53% 2023-10-08 19:09:05
Nuveen Massachusetts Premium Income Municipal Fund (NMT) 3.31% 2023-10-11 21:06:05
Smith & Nephew (SNN) 3.19% 2023-10-12 12:21:52
Western Alliance Bancorporation (WAL) 3.1% 2023-09-25 15:06:07
Heidrick & Struggles International (HSII) 2.43% 2023-09-28 15:46:07
Primo Water Corporation (PRMW) 2.3% 2023-09-30 09:10:06

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. Western Asset Mortgage Defined Opportunity Fund (DMO) – Dividend Yield: 13.03%

Western Asset Mortgage Defined Opportunity Fund’s last close was $10.59, 9.18% under its 52-week high of $11.66. Intraday change was 0.24%.

Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Mortgage Defined Opportunity Fund has a trailing twelve months EPS of $-0.02.

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 -0.22%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 37.1%, now sitting on 19.44M for the twelve trailing months.

More news about Western Asset Mortgage Defined Opportunity Fund.

2. Duke Energy (DUK) – Dividend Yield: 4.65%

Duke Energy’s last close was $89.87, 15.56% under its 52-week high of $106.43. Intraday change was -1.93%.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments, Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel to generate electricity. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Duke Energy has a trailing twelve months EPS of $4.72.

PE Ratio

Duke Energy has a trailing twelve months price to earnings ratio of 18.67. Meaning, the purchaser of the share is investing $18.67 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 7.34%.

Volume

Today’s last reported volume for Duke Energy is 1354040 which is 57.72% below its average volume of 3203020.

Yearly Top and Bottom Value

Duke Energy’s stock is valued at $88.14 at 17:15 EST, way under its 52-week high of $106.43 and higher than its 52-week low of $83.06.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Duke Energy’s EBITDA is 50.42.

More news about Duke Energy.

3. Colony Bankcorp (CBAN) – Dividend Yield: 4.51%

Colony Bankcorp’s last close was $9.76, 32.55% under its 52-week high of $14.47. Intraday change was 0.31%.

Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers various deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans. In addition, the company offers internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of January 20, 2022, it operated 39 locations throughout Georgia. The company was founded in 1975 and is headquartered in Fitzgerald, Georgia.

Earnings Per Share

As for profitability, Colony Bankcorp has a trailing twelve months EPS of $1.21.

PE Ratio

Colony Bankcorp has a trailing twelve months price to earnings ratio of 8.07. Meaning, the purchaser of the share is investing $8.07 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 8.92%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 7, 2023, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 4.51%.

More news about Colony Bankcorp.

4. Mizuho Financial Group (MFG) – Dividend Yield: 3.64%

Mizuho Financial Group’s last close was $3.41, 7.84% below its 52-week high of $3.70. Intraday change was 0.29%.

Mizuho Financial Group, Inc., together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments. The company provides deposit products; syndicated, housing, and card loans; business matching services; and advisory services related to overseas expansions, and mergers and acquisitions-related services. It also offers consulting services, including asset management and asset succession; payroll services; and sells lottery tickets issued by prefectures and ordinance-designated cities. In addition, it offers fund management, underwriting of equity and bonds, risk hedging products, etc. for corporate customers; solutions based on capital management, business strategy, and financial strategy; real estate services; advisory services and solutions, such as advice on proposals on various investment products to financial institutions; and financial services that include funding support and public bonds underwriting. Further, the company offers corporate finance and transaction banking srvices; sales and trading services; investment products; pension funds; and ALM and investment services, including stable capital raising and balance sheet management, as well as management of fixed income, equity, and other securities portfolios. Additionally, the company provides online banking, cash management solutions, currency transaction, trade finance, custody, yen correspondence settlement, and research and consulting services; trust, securitization and structured finance, and stock transfers; and private banking and information technology-related services. Mizuho Financial Group, Inc. was founded in 2000 and is headquartered in Tokyo, Japan.

Earnings Per Share

As for profitability, Mizuho Financial Group has a trailing twelve months EPS of $0.34.

PE Ratio

Mizuho Financial Group has a trailing twelve months price to earnings ratio of 10.06. Meaning, the purchaser of the share is investing $10.06 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 6.95%.

Volume

Today’s last reported volume for Mizuho Financial Group is 271665 which is 51.86% below its average volume of 564339.

Yearly Top and Bottom Value

Mizuho Financial Group’s stock is valued at $3.42 at 17:15 EST, below its 52-week high of $3.70 and way above its 52-week low of $2.10.

More news about Mizuho Financial Group.

5. Berkshire Hills Bancorp (BHLB) – Dividend Yield: 3.53%

Berkshire Hills Bancorp’s last close was $20.37, 35.6% under its 52-week high of $31.63. Intraday change was 0.25%.

Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. Further, the company, through its subsidiary, Berkshire Insurance Group, Inc., provides personal and commercial property, and casualty insurance; employee benefits insurance; and life, health, and financial services insurance products. It serves personal, commercial, not- profit, and municipal deposit customers. As of December 31, 2020, the company operated 130 full-service branches in Massachusetts, New York, Connecticut, Vermont, Central New Jersey, and Eastern Pennsylvania. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, Berkshire Hills Bancorp has a trailing twelve months EPS of $2.28.

PE Ratio

Berkshire Hills Bancorp has a trailing twelve months price to earnings ratio of 8.93. Meaning, the purchaser of the share is investing $8.93 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 10.14%.

Yearly Top and Bottom Value

Berkshire Hills Bancorp’s stock is valued at $20.37 at 17:15 EST, way below its 52-week high of $31.63 and way above its 52-week low of $18.07.

More news about Berkshire Hills Bancorp.

6. Nuveen Massachusetts Premium Income Municipal Fund (NMT) – Dividend Yield: 3.31%

Nuveen Massachusetts Premium Income Municipal Fund’s last close was $9.48, 16.48% below its 52-week high of $11.35. Intraday change was 0.64%.

Nuveen Massachusetts Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes. It seeks to invest in investment grade securities that are rated Baa/BBB or above by S&P, Moody's, or Fitch. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) Massachusetts Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen Massachusetts Premium Income Municipal Fund. Nuveen Massachusetts Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen Massachusetts Premium Income Municipal Fund has a trailing twelve months EPS of $-0.4.

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 -3.16%.

Moving Average

Nuveen Massachusetts Premium Income Municipal Fund’s worth is under its 50-day moving average of $9.95 and under its 200-day moving average of $10.43.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Oct 11, 2023, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 3.31%.

Volume

Today’s last reported volume for Nuveen Massachusetts Premium Income Municipal Fund is 93953 which is 397% above its average volume of 18904.

More news about Nuveen Massachusetts Premium Income Municipal Fund.

7. Smith & Nephew (SNN) – Dividend Yield: 3.19%

Smith & Nephew’s last close was $23.12, 30.13% under its 52-week high of $33.09. Intraday change was -1.15%.

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom and internationally. The company operates through three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. The company offers knee implant products for knee replacement procedures; hip implants for revision procedures; and trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures. It also provides sports medicine joint repair products, including instruments, technologies, and implants to perform minimally invasive surgery of the joints, such as the repair of soft tissue injuries and degenerative conditions of the shoulder, knee, hip, and small joints. In addition, the company offers arthroscopic enabling technologies comprising fluid management equipment for surgical access, high-definition cameras, digital image capture, scopes, light sources, and monitors to assist with visualization inside the joints, radio frequency, electromechanical and mechanical tissue resection devices, and hand instruments for removing damaged tissue; and ear, nose, and throat solutions. Further, it provides advanced wound care products for the treatment and prevention of acute and chronic wounds, which comprise leg wounds, diabetic and pressure ulcers, burns, and post-operative wounds; advanced wound bioactives, such as biologics and other bioactive technologies for debridement and dermal repair/regeneration, as well as regenerative medicine products, including skin, bone graft, and articular cartilage substitutes; and advanced wound devices, such as traditional and single-use negative pressure wound therapy, and hydrosurgery systems. It primarily serves the healthcare providers. Smith & Nephew plc was founded in 1856 and is headquartered in Watford, the United Kingdom.

Earnings Per Share

As for profitability, Smith & Nephew has a trailing twelve months EPS of $0.5.

PE Ratio

Smith & Nephew has a trailing twelve months price to earnings ratio of 45.71. Meaning, the purchaser of the share is investing $45.71 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 4.1%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.2%, now sitting on 5.35B for the twelve trailing months.

Yearly Top and Bottom Value

Smith & Nephew’s stock is valued at $22.85 at 17:15 EST, way below its 52-week high of $33.09 and above its 52-week low of $21.85.

Volume

Today’s last reported volume for Smith & Nephew is 922659 which is 7.29% above its average volume of 859951.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Oct 4, 2023, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 3.19%.

More news about Smith & Nephew.

8. Western Alliance Bancorporation (WAL) – Dividend Yield: 3.1%

Western Alliance Bancorporation’s last close was $45.28, 44.22% under its 52-week high of $81.17. Intraday change was 1.92%.

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates in Commercial, Consumer Related, and Corporate & Other segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Western Alliance Bancorporation has a trailing twelve months EPS of $8.33.

PE Ratio

Western Alliance Bancorporation has a trailing twelve months price to earnings ratio of 5.54. Meaning, the purchaser of the share is investing $5.54 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 17.19%.

Moving Average

Western Alliance Bancorporation’s worth is under its 50-day moving average of $48.88 and under its 200-day moving average of $48.80.

Yearly Top and Bottom Value

Western Alliance Bancorporation’s stock is valued at $46.15 at 17:15 EST, way under its 52-week high of $81.17 and way higher than its 52-week low of $7.46.

More news about Western Alliance Bancorporation.

9. Heidrick & Struggles International (HSII) – Dividend Yield: 2.43%

Heidrick & Struggles International’s last close was $24.91, 29.13% below its 52-week high of $35.15. Intraday change was 0.96%.

Heidrick & Struggles International, Inc., together with its subsidiaries, provides executive search and consulting services to businesses and business leaders worldwide. The company enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives. It also offers consulting services, including leadership assessment, leadership, team and board development, succession planning, talent strategy, people performance, inter-team collaboration, culture shaping, and organizational transformation. The company provides its services to Fortune 1000 companies; Major U.S. and non-U.S. companies; middle market and emerging growth companies; governmental, higher education, and not-for-profit organizations; and other private and public entities. It serves range of clients through approximately 425 consultants. Heidrick & Struggles International, Inc. was founded in 1953 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Heidrick & Struggles International has a trailing twelve months EPS of $2.97.

PE Ratio

Heidrick & Struggles International has a trailing twelve months price to earnings ratio of 8.47. Meaning, the purchaser of the share is investing $8.47 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 15.42%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Heidrick & Struggles International’s EBITDA is 0.34.

More news about Heidrick & Struggles International.

10. Primo Water Corporation (PRMW) – Dividend Yield: 2.3%

Primo Water Corporation’s last close was $13.80, 16.21% below its 52-week high of $16.47. Intraday change was -0.5%.

Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, Renü, Water Event Pure Water Solutions, Canadian Springs, Labrador Source, Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands. It provides its services to residential customers, small and medium-sized businesses, and regional and national corporations and retailers. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida.

Earnings Per Share

As for profitability, Primo Water Corporation has a trailing twelve months EPS of $0.53.

PE Ratio

Primo Water Corporation has a trailing twelve months price to earnings ratio of 26.04. Meaning, the purchaser of the share is investing $26.04 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 6.76%.

More news about Primo Water Corporation.

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