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Blackstone GSO Long Short Credit Income Fund, Adams Express Company, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Blackstone GSO Long Short Credit Income Fund (BGX), Adams Express Company (ADX), Cogent Communications Holdings (CCOI) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Blackstone GSO Long Short Credit Income Fund (BGX) 12.09% 2024-03-16 12:07:10
Adams Express Company (ADX) 6.81% 2024-03-16 01:23:06
Cogent Communications Holdings (CCOI) 4.91% 2024-03-04 15:09:06
Apache (APA) 3.29% 2024-03-20 14:49:29
First Industrial Realty Trust (FR) 2.84% 2024-03-17 19:09:05

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. Blackstone GSO Long Short Credit Income Fund (BGX) – Dividend Yield: 12.09%

Blackstone GSO Long Short Credit Income Fund’s last close was $12.31, 1.05% below its 52-week high of $12.44. Intraday change was 0.24%.

Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in loans and fixed-income instruments of corporate issuers, including first and second lien secured loans and high-yield corporate debt securities of varying maturities. The fund seeks to invest in securities rated below investment grade. It employs fundamental analysis using a research-driven credit approach to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of 70% S&P/LSTA Leveraged Loan Index and 30% Barclays US High Yield Index. It was formerly known as Blackstone / GSO Dynamic Credit Income Fund. Blackstone / GSO Long-Short Credit Income Fund was formed on October 22, 2010 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackstone GSO Long Short Credit Income Fund has a trailing twelve months EPS of $0.96.

PE Ratio

Blackstone GSO Long Short Credit Income Fund has a trailing twelve months price to earnings ratio of 12.82. Meaning, the purchaser of the share is investing $12.82 for every dollar of annual earnings.

More news about Blackstone GSO Long Short Credit Income Fund.

2. Adams Express Company (ADX) – Dividend Yield: 6.81%

Adams Express Company’s last close was $19.08, 2.15% under its 52-week high of $19.50. Intraday change was -0.93%.

Adams Diversified Equity Fund, Inc. is a publicly owned investment manager. The firm provides its services to investment companies. The firm invests in the public equity markets of the United States. It invests in stocks of large-cap companies across diversified sectors to make its investments. The firm employs a fundamental, technical and quantitative analysis with a bottom-up stock picking approach, while focusing on earnings growth prospects, financial strength, cash flow generation, macro-economics, capital allocation, market competition, profitability. It obtains external research to complement its in-house research to make its investments. The firm benchmarks the performance of its portfolios against the S&P 500 Index. It was formerly known as The Adams Express Company. Adams Diversified Equity Fund, Inc. was founded in 1840 and is based in Baltimore, Maryland.

Earnings Per Share

As for profitability, Adams Express Company has a trailing twelve months EPS of $4.57.

PE Ratio

Adams Express Company has a trailing twelve months price to earnings ratio of 4.18. Meaning, the purchaser of the share is investing $4.18 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 23.78%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 8, 2024, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 6.81%.

Yearly Top and Bottom Value

Adams Express Company’s stock is valued at $19.08 at 03:15 EST, under its 52-week high of $19.50 and way above its 52-week low of $14.82.

Volatility

Adams Express Company’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.94%, a positive 0.16%, and a positive 0.65%.

Adams Express Company’s highest amplitude of average volatility was 0.94% (last week), 0.67% (last month), and 0.65% (last quarter).

Moving Average

Adams Express Company’s value is higher than its 50-day moving average of $18.48 and higher than its 200-day moving average of $17.36.

More news about Adams Express Company.

3. Cogent Communications Holdings (CCOI) – Dividend Yield: 4.91%

Cogent Communications Holdings’s last close was $78.55, 8.66% below its 52-week high of $86.00. Intraday change was -6.84%.

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.

Earnings Per Share

As for profitability, Cogent Communications Holdings has a trailing twelve months EPS of $26.62.

PE Ratio

Cogent Communications Holdings has a trailing twelve months price to earnings ratio of 2.75. Meaning, the purchaser of the share is investing $2.75 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 2801.11%.

Sales Growth

Cogent Communications Holdings’s sales growth is 75.2% for the present quarter and 13% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 923.1% and a negative 104.3%, respectively.

More news about Cogent Communications Holdings.

4. Apache (APA) – Dividend Yield: 3.29%

Apache’s last close was $33.79, 26.78% under its 52-week high of $46.15. Intraday change was 1.98%.

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Apache has a trailing twelve months EPS of $9.25.

PE Ratio

Apache has a trailing twelve months price to earnings ratio of 3.65. Meaning, the purchaser of the share is investing $3.65 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 127.36%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Apache’s stock is considered to be oversold (<=20).

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5. First Industrial Realty Trust (FR) – Dividend Yield: 2.84%

First Industrial Realty Trust’s last close was $52.18, 5.52% under its 52-week high of $55.23. Intraday change was -0.72%.

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.

Earnings Per Share

As for profitability, First Industrial Realty Trust has a trailing twelve months EPS of $2.07.

PE Ratio

First Industrial Realty Trust has a trailing twelve months price to earnings ratio of 25.21. Meaning, the purchaser of the share is investing $25.21 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 11.07%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

First Industrial Realty Trust’s EBITDA is 14.83.

Sales Growth

First Industrial Realty Trust’s sales growth is 12.5% for the ongoing quarter and 8.3% for the next.

More news about First Industrial Realty Trust.

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