(VIANEWS) – First Trust High Income Long Short Fund (FSD), Pinnacle West Capital Corporation (PNW), Fulton Financial Corporation (FULT) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| First Trust High Income Long Short Fund (FSD) | 12.26% | 2024-07-03 07:47:06 |
| Pinnacle West Capital Corporation (PNW) | 4.66% | 2024-07-05 11:23:06 |
| Fulton Financial Corporation (FULT) | 4.19% | 2024-06-21 09:23:07 |
| Middlefield Banc Corp. (MBCN) | 3.62% | 2024-06-22 13:14:05 |
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. First Trust High Income Long Short Fund (FSD) – Dividend Yield: 12.26%
First Trust High Income Long Short Fund’s last close was $12.24, 1.13% below its 52-week high of $12.38. Intraday change was 0.16%.
First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, First Trust High Income Long Short Fund has a trailing twelve months EPS of $0.57.
PE Ratio
First Trust High Income Long Short Fund has a trailing twelve months price to earnings ratio of 21.47. Meaning, the purchaser of the share is investing $21.47 for every dollar of annual earnings.
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2. Pinnacle West Capital Corporation (PNW) – Dividend Yield: 4.66%
Pinnacle West Capital Corporation’s last close was $75.52, 12.22% under its 52-week high of $86.03. Intraday change was 0.12%.
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Pinnacle West Capital Corporation has a trailing twelve months EPS of $4.59.
PE Ratio
Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 16.47. Meaning, the purchaser of the share is investing $16.47 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 8.64%.
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3. Fulton Financial Corporation (FULT) – Dividend Yield: 4.19%
Fulton Financial Corporation’s last close was $16.23, 8.2% under its 52-week high of $17.68. Intraday change was 0.15%.
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.61.
PE Ratio
Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 10.1. Meaning, the purchaser of the share is investing $10.1 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 10.34%.
Moving Average
Fulton Financial Corporation’s worth is under its 50-day moving average of $16.29 and higher than its 200-day moving average of $14.99.
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4. Middlefield Banc Corp. (MBCN) – Dividend Yield: 3.62%
Middlefield Banc Corp.’s last close was $21.74, 41.24% under its 52-week high of $37.00. Intraday change was -1.81%.
Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021. The bank operates 16 full-service banking centers and an LPL Financial® brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio. Additional information is available at www.middlefieldbank.bank.
Earnings Per Share
As for profitability, Middlefield Banc Corp. has a trailing twelve months EPS of $2.05.
PE Ratio
Middlefield Banc Corp. has a trailing twelve months price to earnings ratio of 10.6. Meaning, the purchaser of the share is investing $10.6 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 8.3%.
Moving Average
Middlefield Banc Corp.’s value is below its 50-day moving average of $22.21 and way below its 200-day moving average of $25.94.
Sales Growth
Middlefield Banc Corp.’s sales growth is negative 11% for the ongoing quarter and negative 7.1% for the next.
Yearly Top and Bottom Value
Middlefield Banc Corp.’s stock is valued at $21.74 at 10:15 EST, way under its 52-week high of $37.00 and above its 52-week low of $20.61.
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