(VIANEWS) – TriplePoint Venture Growth BDC Corp. (TPVG), Madison Covered Call & Equity Strategy Fund (MCN), San Juan Basin Royalty Trust (SJT) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| TriplePoint Venture Growth BDC Corp. (TPVG) | 17.17% | 2024-04-07 15:47:06 |
| Madison Covered Call & Equity Strategy Fund (MCN) | 9.6% | 2024-04-05 22:55:12 |
| San Juan Basin Royalty Trust (SJT) | 7.69% | 2024-04-07 07:13:05 |
| Huntington Bancshares (HBAN) | 4.59% | 2024-04-12 09:12:56 |
| Forward Air Corporation (FWRD) | 3.2% | 2024-04-10 17:09:30 |
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. TriplePoint Venture Growth BDC Corp. (TPVG) – Dividend Yield: 17.17%
TriplePoint Venture Growth BDC Corp.’s last close was $9.25, 27.17% below its 52-week high of $12.70. Intraday change was 0.87%.
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
Earnings Per Share
As for profitability, TriplePoint Venture Growth BDC Corp. has a trailing twelve months EPS of $-1.12.
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 -10.39%.
Sales Growth
TriplePoint Venture Growth BDC Corp.’s sales growth is negative 9.3% for the present quarter and negative 12.1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 17% and a negative 17%, respectively.
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2. Madison Covered Call & Equity Strategy Fund (MCN) – Dividend Yield: 9.6%
Madison Covered Call & Equity Strategy Fund’s last close was $7.20, 16.28% under its 52-week high of $8.60. Intraday change was 0.14%.
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments. It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Madison Covered Call & Equity Strategy Fund has a trailing twelve months EPS of $0.73.
PE Ratio
Madison Covered Call & Equity Strategy Fund has a trailing twelve months price to earnings ratio of 9.86. Meaning, the purchaser of the share is investing $9.86 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 10.3%.
More news about Madison Covered Call & Equity Strategy Fund.
3. San Juan Basin Royalty Trust (SJT) – Dividend Yield: 7.69%
San Juan Basin Royalty Trust’s last close was $5.51, 50.27% under its 52-week high of $11.08. Intraday change was 1.1%.
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland's oil and natural gas interests (the Subject Interests) in properties located in the San Juan Basin in northwestern New Mexico. The Subject Interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico, as well as 1,140.0 net wells. BBVA USA serves as the trustee of the San Juan Basin Royalty Trust. The company was founded in 1980 and is based in Houston, Texas.
Earnings Per Share
As for profitability, San Juan Basin Royalty Trust has a trailing twelve months EPS of $1.11.
PE Ratio
San Juan Basin Royalty Trust has a trailing twelve months price to earnings ratio of 4.96. Meaning, the purchaser of the share is investing $4.96 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 2596.5%.
Volume
Today’s last reported volume for San Juan Basin Royalty Trust is 392477 which is 16.07% above its average volume of 338111.
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4. Huntington Bancshares (HBAN) – Dividend Yield: 4.59%
Huntington Bancshares’s last close was $13.49, 2.03% below its 52-week high of $13.77. Intraday change was -1.06%.
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. It also provides 24-hour grace, asterisk-free checking, money scout, $50 safety zone, standby cash, early pay, instant access, savings goal getter, and Huntington heads up; digitally powered consumer and business financial solutions to consumer lending, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans, as well as dealer finance loans and deposits; and private banking, wealth management and legacy planning through investment and portfolio management, fiduciary administration and trust, institutional custody, and full-service retail brokerage investment services. The company offers equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions, as well as Huntington ChoicePay. In addition, it offers lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, and global services; and corporate risk management, institutional sales and trading, debt and equity issuance, and additional advisory services. The company offers its products through a network of channels, including branches and ATMs, online and mobile banking, and through customer call centers to customers in middle market banking, corporate, specialty, and government banking, asset finance, commercial real estate banking, and capital markets. The company was founded in 1866 and is headquartered in Columbus, Ohio.
Earnings Per Share
As for profitability, Huntington Bancshares has a trailing twelve months EPS of $1.24.
PE Ratio
Huntington Bancshares has a trailing twelve months price to earnings ratio of 10.76. Meaning, the purchaser of the share is investing $10.76 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 10.61%.
More news about Huntington Bancshares.
5. Forward Air Corporation (FWRD) – Dividend Yield: 3.2%
Forward Air Corporation’s last close was $30.01, 75.28% under its 52-week high of $121.38. Intraday change was -4.87%.
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Earnings Per Share
As for profitability, Forward Air Corporation has a trailing twelve months EPS of $1.64.
PE Ratio
Forward Air Corporation has a trailing twelve months price to earnings ratio of 17.41. Meaning, the purchaser of the share is investing $17.41 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 5.82%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 21, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 3.2%.
Volume
Today’s last reported volume for Forward Air Corporation is 914065 which is 9.05% below its average volume of 1005090.
Moving Average
Forward Air Corporation’s value is way below its 50-day moving average of $34.94 and way under its 200-day moving average of $65.81.
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