(VIANEWS) – Chimera Investment Corporation (CIM), AllianzGI Equity & Convertible Income Fund (NIE), San Juan Basin Royalty Trust (SJT) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Chimera Investment Corporation (CIM) | 10.38% | 2024-05-09 17:14:05 |
| AllianzGI Equity & Convertible Income Fund (NIE) | 10.15% | 2024-05-12 05:15:05 |
| San Juan Basin Royalty Trust (SJT) | 8.13% | 2024-05-13 05:09:05 |
| Avista Corporation (AVA) | 5.17% | 2024-05-26 23:07:05 |
| Mercury General Corporation (MCY) | 2.21% | 2024-05-11 19:23:05 |
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. Chimera Investment Corporation (CIM) – Dividend Yield: 10.38%
Chimera Investment Corporation’s last close was $4.24, 34.67% under its 52-week high of $6.49. Intraday change was 11.08%.
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2007 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Chimera Investment Corporation has a trailing twelve months EPS of $0.23.
PE Ratio
Chimera Investment Corporation has a trailing twelve months price to earnings ratio of 20.48. Meaning, the purchaser of the share is investing $20.48 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 4.83%.
More news about Chimera Investment Corporation.
2. AllianzGI Equity & Convertible Income Fund (NIE) – Dividend Yield: 10.15%
AllianzGI Equity & Convertible Income Fund’s last close was $22.17, 2.76% below its 52-week high of $22.80. Intraday change was -0.58%.
Virtus Equity & Convertible Income Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity & Convertible Income Fund. Virtus Equity & Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, AllianzGI Equity & Convertible Income Fund has a trailing twelve months EPS of $-3.86.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 8, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 10.15%.
More news about AllianzGI Equity & Convertible Income Fund.
3. San Juan Basin Royalty Trust (SJT) – Dividend Yield: 8.13%
San Juan Basin Royalty Trust’s last close was $4.22, 50.87% below its 52-week high of $8.59. Intraday change was -4.52%.
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 3.8. Meaning, the purchaser of the share is investing $3.8 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 1804.9%.
Moving Average
San Juan Basin Royalty Trust’s worth is way under its 50-day moving average of $5.03 and way under its 200-day moving average of $6.05.
Yearly Top and Bottom Value
San Juan Basin Royalty Trust’s stock is valued at $4.22 at 03:15 EST, way under its 52-week high of $8.59 and higher than its 52-week low of $4.01.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 29, 2024, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 8.13%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 93.7%, now sitting on 39.44M for the twelve trailing months.
More news about San Juan Basin Royalty Trust.
4. Avista Corporation (AVA) – Dividend Yield: 5.17%
Avista Corporation’s last close was $36.78, 13.78% below its 52-week high of $42.66. Intraday change was 0.19%.
Avista Corporation operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to 17,000 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydro, thermal, and wind facilities. As of February 24, 2021, it provided electric service to 400,000 customers and natural gas to 367,000 customers. In addition, the company engages in the venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.
Earnings Per Share
As for profitability, Avista Corporation has a trailing twelve months EPS of $2.42.
PE Ratio
Avista Corporation has a trailing twelve months price to earnings ratio of 15.2. Meaning, the purchaser of the share is investing $15.2 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 7.66%.
Volume
Today’s last reported volume for Avista Corporation is 253960 which is 45.77% below its average volume of 468312.
Yearly Top and Bottom Value
Avista Corporation’s stock is valued at $36.78 at 03:15 EST, way under its 52-week high of $42.66 and way higher than its 52-week low of $30.53.
More news about Avista Corporation.
5. Mercury General Corporation (MCY) – Dividend Yield: 2.21%
Mercury General Corporation’s last close was $57.56, 1.01% under its 52-week high of $58.15. Intraday change was -0.76%.
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, fire, and umbrella insurance. The company's automobile insurance products cover collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners' insurance products cover dwelling, liability, personal property, fire, and other hazards. It sells its policies through a network of independent agents, 100% owned insurance agents, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. The company was founded in 1961 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Mercury General Corporation has a trailing twelve months EPS of $3.89.
PE Ratio
Mercury General Corporation has a trailing twelve months price to earnings ratio of 14.8. Meaning, the purchaser of the share is investing $14.8 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 14.04%.
Moving Average
Mercury General Corporation’s value is way above its 50-day moving average of $51.52 and way higher than its 200-day moving average of $39.18.
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