(VIANEWS) – Advent Claymore Convertible Securities and Income Fund (AVK), Companhia Paranaense de Energia (ELP), PIMCO New York Municipal Income Fund III (PYN) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Advent Claymore Convertible Securities and Income Fund (AVK) | 12.75% | 2023-12-18 19:42:06 |
| Companhia Paranaense de Energia (ELP) | 6.79% | 2023-12-19 23:10:06 |
| PIMCO New York Municipal Income Fund III (PYN) | 5.1% | 2023-12-04 16:55:26 |
| Independent Bank Corporation (IBCP) | 3.95% | 2023-12-08 23:13:06 |
| Lakeland Financial Corporation (LKFN) | 3.02% | 2023-12-09 11:48:08 |
| Targa Resources (TRGP) | 2.24% | 2023-12-05 11:47:07 |
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. Advent Claymore Convertible Securities and Income Fund (AVK) – Dividend Yield: 12.75%
Advent Claymore Convertible Securities and Income Fund’s last close was $11.04, 16.3% under its 52-week high of $13.19. Intraday change was 0.09%.
Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Advent Claymore Convertible Securities and Income Fund has a trailing twelve months EPS of $-1.13.
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 -8.24%.
Moving Average
Advent Claymore Convertible Securities and Income Fund’s worth is higher than its 50-day moving average of $10.14 and under its 200-day moving average of $11.11.
More news about Advent Claymore Convertible Securities and Income Fund.
2. Companhia Paranaense de Energia (ELP) – Dividend Yield: 6.79%
Companhia Paranaense de Energia’s last close was $10.15, 0.49% below its 52-week high of $10.20. Intraday change was 2.22%.
Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and trading of energy to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. The company operates through Power generation and transmission, Power distribution, Gas, and Power sale segments. It is also involved in the piped natural gas distribution. As of December 31, 2021, the company operated 20 hydroelectric plants, 30 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,957 megawatts; and owned and operated 3,638 km of transmission lines and 204,957 km of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
Earnings Per Share
As for profitability, Companhia Paranaense de Energia has a trailing twelve months EPS of $0.15.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 67.67. Meaning, the purchaser of the share is investing $67.67 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 9.71%.
Yearly Top and Bottom Value
Companhia Paranaense de Energia’s stock is valued at $10.15 at 18:15 EST, under its 52-week high of $10.20 and way higher than its 52-week low of $6.01.
Volatility
Companhia Paranaense de Energia’s last week, last month’s, and last quarter’s current intraday variation average was 1.72%, 0.41%, and 1.61%.
Companhia Paranaense de Energia’s highest amplitude of average volatility was 1.72% (last week), 1.18% (last month), and 1.61% (last quarter).
More news about Companhia Paranaense de Energia.
3. PIMCO New York Municipal Income Fund III (PYN) – Dividend Yield: 5.1%
PIMCO New York Municipal Income Fund III’s last close was $5.84, 32.8% below its 52-week high of $8.69. Intraday change was 0.38%.
PIMCO New York Municipal Income Fund III is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Co LLC. It invests in fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in a portfolio of New York municipal bonds, and other municipal bonds and notes; New York variable rate notes and other variable rate notes; New York variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO New York Municipal Income Fund III was on October 31, 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, PIMCO New York Municipal Income Fund III has a trailing twelve months EPS of $0.18.
PE Ratio
PIMCO New York Municipal Income Fund III has a trailing twelve months price to earnings ratio of 32.56. Meaning, the purchaser of the share is investing $32.56 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 -15.41%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 9, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 5.1%.
More news about PIMCO New York Municipal Income Fund III.
4. Independent Bank Corporation (IBCP) – Dividend Yield: 3.95%
Independent Bank Corporation’s last close was $23.28, 5.86% under its 52-week high of $24.73. Intraday change was 1.04%.
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.84.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 8.2. Meaning, the purchaser of the share is investing $8.2 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 17.08%.
Volume
Today’s last reported volume for Independent Bank Corporation is 39018 which is 35.66% below its average volume of 60647.
More news about Independent Bank Corporation.
5. Lakeland Financial Corporation (LKFN) – Dividend Yield: 3.02%
Lakeland Financial Corporation’s last close was $60.86, 21.03% below its 52-week high of $77.07. Intraday change was 0.31%.
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2020, the company operated 50 offices in fifteen counties, including 44 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.
Earnings Per Share
As for profitability, Lakeland Financial Corporation has a trailing twelve months EPS of $3.5.
PE Ratio
Lakeland Financial Corporation has a trailing twelve months price to earnings ratio of 17.39. Meaning, the purchaser of the share is investing $17.39 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 16.74%.
Yearly Top and Bottom Value
Lakeland Financial Corporation’s stock is valued at $60.86 at 18:15 EST, way below its 52-week high of $77.07 and way higher than its 52-week low of $43.05.
Volume
Today’s last reported volume for Lakeland Financial Corporation is 85498 which is 23.98% below its average volume of 112478.
Sales Growth
Lakeland Financial Corporation’s sales growth is 2.4% for the current quarter and negative 4% for the next.
More news about Lakeland Financial Corporation.
6. Targa Resources (TRGP) – Dividend Yield: 2.24%
Targa Resources’s last close was $89.31, 2.33% under its 52-week high of $91.44. Intraday change was -1.63%.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2022, it leased and managed approximately 606 railcars; 122 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Targa Resources has a trailing twelve months EPS of $3.81.
PE Ratio
Targa Resources has a trailing twelve months price to earnings ratio of 23.06. Meaning, the purchaser of the share is investing $23.06 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 35.52%.
Yearly Top and Bottom Value
Targa Resources’s stock is valued at $87.86 at 18:15 EST, below its 52-week high of $91.44 and way higher than its 52-week low of $64.85.
Sales Growth
Targa Resources’s sales growth is negative 17.2% for the current quarter and negative 1.9% for the next.
More news about Targa Resources.
