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AGNC Investment Corp., Pimco Global Stocksplus & Income Fund, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – AGNC Investment Corp. (AGNC), Pimco Global Stocksplus & Income Fund (PGP), Allete (ALE) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
AGNC Investment Corp. (AGNC) 15.03% 2024-03-03 16:55:20
Pimco Global Stocksplus & Income Fund (PGP) 10.77% 2024-03-02 03:08:05
Allete (ALE) 5.02% 2024-02-27 07:43:06
Open Text Corporation (OTEX) 2.66% 2024-03-07 19:44:07
Ares Management L.P. (ARES) 2.47% 2024-02-27 10:23:06
McDonald’s Corporation (MCD) 2.28% 2024-03-15 08:23:29

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. AGNC Investment Corp. (AGNC) – Dividend Yield: 15.03%

AGNC Investment Corp.’s last close was $9.58, 11.95% under its 52-week high of $10.88. Intraday change was 0.21%.

AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency. The company funds its investments primarily through collateralized borrowings structured as repurchase agreements. It has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as American Capital Agency Corp. and changed its name to AGNC Investment Corp. in September 2016. AGNC Investment Corp. was incorporated in 2008 and is headquartered in Bethesda, Maryland.

Earnings Per Share

As for profitability, AGNC Investment Corp. has a trailing twelve months EPS of $0.05.

PE Ratio

AGNC Investment Corp. has a trailing twelve months price to earnings ratio of 191.6. Meaning, the purchaser of the share is investing $191.6 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 1.92%.

Sales Growth

AGNC Investment Corp.’s sales growth is negative 557.7% for the current quarter and 16.1% for the next.

Yearly Top and Bottom Value

AGNC Investment Corp.’s stock is valued at $9.58 at 10:15 EST, way under its 52-week high of $10.88 and way above its 52-week low of $6.81.

Revenue Growth

Year-on-year quarterly revenue growth declined by 23.5%, now sitting on 251M for the twelve trailing months.

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2. Pimco Global Stocksplus & Income Fund (PGP) – Dividend Yield: 10.77%

Pimco Global Stocksplus & Income Fund’s last close was $7.69, 1.54% below its 52-week high of $7.81. Intraday change was 1.81%.

PIMCO Global Stocksplus & Income Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options. It invests in mortgage-related, government, corporate and other debt securities of U.S. and non-U.S. issuers and emerging market bonds. The fund invests in investment grade securities with a low- to intermediate-average duration. It invests in stocks of companies across diversified sectors. PIMCO Global Stocksplus & Income Fund was formed on April 30, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pimco Global Stocksplus & Income Fund has a trailing twelve months EPS of $0.85.

PE Ratio

Pimco Global Stocksplus & Income Fund has a trailing twelve months price to earnings ratio of 9.04. Meaning, the purchaser of the share is investing $9.04 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 11.75%.

Yearly Top and Bottom Value

Pimco Global Stocksplus & Income Fund’s stock is valued at $7.69 at 10:15 EST, below its 52-week high of $7.81 and way higher than its 52-week low of $5.83.

Volume

Today’s last reported volume for Pimco Global Stocksplus & Income Fund is 34805 which is 18.29% below its average volume of 42600.

More news about Pimco Global Stocksplus & Income Fund.

3. Allete (ALE) – Dividend Yield: 5.02%

Allete’s last close was $56.22, 15.7% below its 52-week high of $66.69. Intraday change was -1.58%.

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

Earnings Per Share

As for profitability, Allete has a trailing twelve months EPS of $4.3.

PE Ratio

Allete has a trailing twelve months price to earnings ratio of 13.07. Meaning, the purchaser of the share is investing $13.07 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 5.3%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.4%, now sitting on 1.88B for the twelve trailing months.

More news about Allete.

4. Open Text Corporation (OTEX) – Dividend Yield: 2.66%

Open Text Corporation’s last close was $38.64, 15.02% below its 52-week high of $45.47. Intraday change was 2.82%.

Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.

Earnings Per Share

As for profitability, Open Text Corporation has a trailing twelve months EPS of $0.48.

PE Ratio

Open Text Corporation has a trailing twelve months price to earnings ratio of 80.5. Meaning, the purchaser of the share is investing $80.5 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 3.13%.

Volume

Today’s last reported volume for Open Text Corporation is 550771 which is 2.48% below its average volume of 564781.

Sales Growth

Open Text Corporation’s sales growth for the next quarter is 3.2%.

Moving Average

Open Text Corporation’s value is below its 50-day moving average of $40.88 and under its 200-day moving average of $39.32.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 28.8% and 56%, respectively.

More news about Open Text Corporation.

5. Ares Management L.P. (ARES) – Dividend Yield: 2.47%

Ares Management L.P.’s last close was $131.30, 5.86% below its 52-week high of $139.48. Intraday change was 0.22%.

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

Earnings Per Share

As for profitability, Ares Management L.P. has a trailing twelve months EPS of $2.42.

PE Ratio

Ares Management L.P. has a trailing twelve months price to earnings ratio of 54.38. Meaning, the purchaser of the share is investing $54.38 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 23.32%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Ares Management L.P.’s EBITDA is 70.36.

More news about Ares Management L.P..

6. McDonald’s Corporation (MCD) – Dividend Yield: 2.28%

McDonald’s Corporation’s last close was $281.73, 6.83% below its 52-week high of $302.39. Intraday change was -0.4%.

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates under various structures comprising conventional franchise, developmental license, or affiliate. McDonald's Corporation was founded in 1940 and is based in Chicago, Illinois.

Earnings Per Share

As for profitability, McDonald’s Corporation has a trailing twelve months EPS of $11.57.

PE Ratio

McDonald’s Corporation has a trailing twelve months price to earnings ratio of 24.35. Meaning, the purchaser of the share is investing $24.35 for every dollar of annual earnings.

More news about McDonald’s Corporation.

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