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PIMCO Municipal Income Fund III, Federated Premier Municipal Income Fund Federated Premier Municipal Income Fund, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – PIMCO Municipal Income Fund III (PMX), Federated Premier Municipal Income Fund Federated Premier Municipal Income Fund (FMN), SpartanNash Company (SPTN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
PIMCO Municipal Income Fund III (PMX) 5.25% 2023-12-22 13:09:06
Federated Premier Municipal Income Fund Federated Premier Municipal Income Fund (FMN) 3.86% 2023-12-20 07:17:05
SpartanNash Company (SPTN) 3.71% 2023-12-29 04:44:06
Enterprise Bancorp (EBTC) 2.75% 2023-12-25 16:44:05

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. PIMCO Municipal Income Fund III (PMX) – Dividend Yield: 5.25%

PIMCO Municipal Income Fund III’s last close was $7.54, 16.13% under its 52-week high of $8.99. Intraday change was 0.12%.

PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in in municipal bonds that pay interest that is exempt from federal income tax. PIMCO Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States.

Earnings Per Share

As for profitability, PIMCO Municipal Income Fund III has a trailing twelve months EPS of $0.01.

PE Ratio

PIMCO Municipal Income Fund III has a trailing twelve months price to earnings ratio of 754.9. Meaning, the purchaser of the share is investing $754.9 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 1.66%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 11.2%, now sitting on 23.01M for the twelve trailing months.

More news about PIMCO Municipal Income Fund III.

2. Federated Premier Municipal Income Fund Federated Premier Municipal Income Fund (FMN) – Dividend Yield: 3.86%

Federated Premier Municipal Income Fund Federated Premier Municipal Income Fund’s last close was $10.88, 4.48% below its 52-week high of $11.39. Intraday change was 0.65%.

Federated Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. It benchmarks the performance of its portfolio against S&P Municipal Bond Index. Federated Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.

Earnings Per Share

As for profitability, Federated Premier Municipal Income Fund Federated Premier Municipal Income Fund has a trailing twelve months EPS of $-0.45.

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 -3.62%.

Volume

Today’s last reported volume for Federated Premier Municipal Income Fund Federated Premier Municipal Income Fund is 25849 which is 31.53% below its average volume of 37755.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 20, 2023, the estimated forward annual dividend rate is 0.42 and the estimated forward annual dividend yield is 3.86%.

More news about Federated Premier Municipal Income Fund Federated Premier Municipal Income Fund.

3. SpartanNash Company (SPTN) – Dividend Yield: 3.71%

SpartanNash Company’s last close was $23.15, 28.46% under its 52-week high of $32.36. Intraday change was -0.09%.

SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 68,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to 160 military commissaries and approximately 400 exchanges located in 39 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood markets. As of March 11, 2021, it operated 154 supermarkets, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. SpartanNash Company also markets and distributes private brand items primarily under the Our Family brand name. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.

Earnings Per Share

As for profitability, SpartanNash Company has a trailing twelve months EPS of $1.22.

PE Ratio

SpartanNash Company has a trailing twelve months price to earnings ratio of 18.98. Meaning, the purchaser of the share is investing $18.98 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 5.47%.

More news about SpartanNash Company.

4. Enterprise Bancorp (EBTC) – Dividend Yield: 2.75%

Enterprise Bancorp’s last close was $33.40, 8.92% under its 52-week high of $36.67. Intraday change was 0.88%.

Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company that provides commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans, as well as home equity loans and lines of credit. In addition, the company offers cash management services; wealth advisory and management services that include customized investment management and trust services to individuals, family groups, commercial businesses, trusts, foundations, non-profit organizations, and endowments; brokerage and management services to individual investors; insurance services; and voice, online, and mobile banking services. As of January 27, 2022, it had 26 full-service branches located in the Massachusetts communities of Acton, Andover, Billerica, Chelmsford, Dracut, Fitchburg, Lawrence, Leominster, Lexington, Lowell, Methuen, North Andover, Tewksbury, Tyngsborough, and Westford; and in the New Hampshire communities of Derry, Hudson, Nashua, Pelham, Salem, and Windham. The company was founded in 1989 and is headquartered in Lowell, Massachusetts.

Earnings Per Share

As for profitability, Enterprise Bancorp has a trailing twelve months EPS of $3.48.

PE Ratio

Enterprise Bancorp has a trailing twelve months price to earnings ratio of 9.6. Meaning, the purchaser of the share is investing $9.6 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 14.85%.

Moving Average

Enterprise Bancorp’s worth is way above its 50-day moving average of $27.76 and way above its 200-day moving average of $28.94.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 8, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 2.75%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.8%, now sitting on 166.39M for the twelve trailing months.

More news about Enterprise Bancorp.

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