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Investcorp Credit Management BDC, DoubleLine Income Solutions Fund, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Investcorp Credit Management BDC (ICMB), DoubleLine Income Solutions Fund (DSL), Lazard LTD (LAZ) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Investcorp Credit Management BDC (ICMB) 14.59% 2024-05-23 07:48:06
DoubleLine Income Solutions Fund (DSL) 12.75% 2024-05-27 23:07:05
Lazard LTD (LAZ) 4.86% 2024-05-29 11:10:06
Lakeland Bancorp (LBAI) 4.32% 2024-05-17 15:13:05
Newmont Mining (NEM) 2.38% 2024-05-26 03:18:42

Almost 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. Investcorp Credit Management BDC (ICMB) – Dividend Yield: 14.59%

Investcorp Credit Management BDC’s last close was $3.26, 27.56% below its 52-week high of $4.50. Intraday change was 0.31%.

CM Finance Inc. is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions. The fund primarily invests in cable and satellites; consumer services; healthcare equipment and services; industrials; information technology; telecommunication services; and utilities sectors. The fund seeks to invest in companies with EBITDA more than $15 million. The fund is based in New York, New York.

Earnings Per Share

As for profitability, Investcorp Credit Management BDC has a trailing twelve months EPS of $-0.26.

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 -4.22%.

More news about Investcorp Credit Management BDC.

2. DoubleLine Income Solutions Fund (DSL) – Dividend Yield: 12.75%

DoubleLine Income Solutions Fund’s last close was $12.51, 3.47% under its 52-week high of $12.96. Intraday change was 0%.

DoubleLine Funds – DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises. DoubleLine Funds – DoubleLine Income Solutions Fund is domiciled in the United States.

Earnings Per Share

As for profitability, DoubleLine Income Solutions Fund has a trailing twelve months EPS of $-2.06.

Yearly Top and Bottom Value

DoubleLine Income Solutions Fund’s stock is valued at $12.51 at 10:15 EST, below its 52-week high of $12.96 and way above its 52-week low of $10.22.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Oct 11, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 12.75%.

Volume

Today’s last reported volume for DoubleLine Income Solutions Fund is 252744 which is 34.01% below its average volume of 383009.

Moving Average

DoubleLine Income Solutions Fund’s worth is above its 50-day moving average of $12.47 and higher than its 200-day moving average of $12.09.

More news about DoubleLine Income Solutions Fund.

3. Lazard LTD (LAZ) – Dividend Yield: 4.86%

Lazard LTD’s last close was $41.15, 2.58% under its 52-week high of $42.24. Intraday change was -1.94%.

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, capital advisory, restructurings, shareholder advisory, sovereign advisory, capital raising, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Lazard LTD has a trailing twelve months EPS of $-0.28.

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 -0.33%.

Volume

Today’s last reported volume for Lazard LTD is 263814 which is 71.68% below its average volume of 931708.

Sales Growth

Lazard LTD’s sales growth is 5.2% for the present quarter and 19.7% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 40.8%, now sitting on 2.74B for the twelve trailing months.

More news about Lazard LTD.

4. Lakeland Bancorp (LBAI) – Dividend Yield: 4.32%

Lakeland Bancorp’s last close was $13.43, 16.06% below its 52-week high of $16.00. Intraday change was 1.13%.

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company is also involved in lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, Small Business Administration loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, the company provides consumer banking services, which include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, it offers investment advisory services for individuals and businesses; and securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. The company was incorporated in 1989 and is headquartered in Oak Ridge, New Jersey.

Earnings Per Share

As for profitability, Lakeland Bancorp has a trailing twelve months EPS of $1.29.

PE Ratio

Lakeland Bancorp has a trailing twelve months price to earnings ratio of 10.41. Meaning, the purchaser of the share is investing $10.41 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 7.35%.

Sales Growth

Lakeland Bancorp’s sales growth is negative 12.6% for the ongoing quarter and negative 5.7% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.3%, now sitting on 289.81M for the twelve trailing months.

More news about Lakeland Bancorp.

5. Newmont Mining (NEM) – Dividend Yield: 2.38%

Newmont Mining’s last close was $41.89, 8.78% below its 52-week high of $45.92. Intraday change was -1.1%.

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.

Earnings Per Share

As for profitability, Newmont Mining has a trailing twelve months EPS of $-3.

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 -10.98%.

Volume

Today’s last reported volume for Newmont Mining is 24200300 which is 68.44% above its average volume of 14366700.

Sales Growth

Newmont Mining’s sales growth for the next quarter is 87.3%.

More news about Newmont Mining.

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