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PennantPark Floating Rate Capital Ltd., Viper Energy Partners LP, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – PennantPark Floating Rate Capital Ltd. (PFLT), Viper Energy Partners LP (VNOM), Nuveen New York Select Tax (NXN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
PennantPark Floating Rate Capital Ltd. (PFLT) 11.03% 2024-08-15 23:07:06
Viper Energy Partners LP (VNOM) 5.04% 2024-08-17 11:06:05
Nuveen New York Select Tax (NXN) 4.21% 2024-08-27 15:14:06
Sunstone Hotel Investors Sunstone Hotel Investors (SHO) 3.52% 2024-08-28 09:15:06
Univest Financial Corporation (UVSP) 3.22% 2024-08-17 08:23:06
Mid Penn Bancorp (MPB) 2.65% 2024-09-02 03:11:05

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. PennantPark Floating Rate Capital Ltd. (PFLT) – Dividend Yield: 11.03%

PennantPark Floating Rate Capital Ltd.’s last close was $11.27, 10.77% below its 52-week high of $12.63. Intraday change was 1.08%.

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.

Earnings Per Share

As for profitability, PennantPark Floating Rate Capital Ltd. has a trailing twelve months EPS of $1.66.

PE Ratio

PennantPark Floating Rate Capital Ltd. has a trailing twelve months price to earnings ratio of 6.79. Meaning, the purchaser of the share is investing $6.79 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 13.83%.

Moving Average

PennantPark Floating Rate Capital Ltd.’s value is under its 50-day moving average of $11.36 and under its 200-day moving average of $11.36.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 16, 2024, the estimated forward annual dividend rate is 1.23 and the estimated forward annual dividend yield is 11.03%.

Yearly Top and Bottom Value

PennantPark Floating Rate Capital Ltd.’s stock is valued at $11.27 at 10:15 EST, way below its 52-week high of $12.63 and way above its 52-week low of $9.69.

More news about PennantPark Floating Rate Capital Ltd..

2. Viper Energy Partners LP (VNOM) – Dividend Yield: 5.04%

Viper Energy Partners LP’s last close was $46.85, 1.76% under its 52-week high of $47.69. Intraday change was -1.74%.

Viper Energy, Inc. owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America. Viper Energy Partners GP LLC operates as the general partner of the company. The company was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc. in November 2023. The company was founded in 2013 and is based in Midland, Texas. Viper Energy, Inc. is a subsidiary of Diamondback Energy, Inc.

Earnings Per Share

As for profitability, Viper Energy Partners LP has a trailing twelve months EPS of $2.92.

PE Ratio

Viper Energy Partners LP has a trailing twelve months price to earnings ratio of 16.04. Meaning, the purchaser of the share is investing $16.04 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 21.51%.

More news about Viper Energy Partners LP.

3. Nuveen New York Select Tax (NXN) – Dividend Yield: 4.21%

Nuveen New York Select Tax’s last close was $11.84, 3.66% under its 52-week high of $12.29. Intraday change was -0.36%.

Nuveen New York Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds with an average credit quality of Baa/BBB or better. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital New York Municipal Bond Index and S&P New York Municipal Bond Index. Nuveen New York Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen New York Select Tax has a trailing twelve months EPS of $0.76.

PE Ratio

Nuveen New York Select Tax has a trailing twelve months price to earnings ratio of 15.53. Meaning, the purchaser of the share is investing $15.53 for every dollar of annual earnings.

Moving Average

Nuveen New York Select Tax’s worth is above its 50-day moving average of $11.72 and higher than its 200-day moving average of $11.67.

Yearly Top and Bottom Value

Nuveen New York Select Tax’s stock is valued at $11.80 at 10:15 EST, below its 52-week high of $12.29 and way above its 52-week low of $10.64.

More news about Nuveen New York Select Tax.

4. Sunstone Hotel Investors Sunstone Hotel Investors (SHO) – Dividend Yield: 3.52%

Sunstone Hotel Investors Sunstone Hotel Investors’s last close was $10.24, 11.65% under its 52-week high of $11.59. Intraday change was -0.15%.

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.

Earnings Per Share

As for profitability, Sunstone Hotel Investors Sunstone Hotel Investors has a trailing twelve months EPS of $0.82.

PE Ratio

Sunstone Hotel Investors Sunstone Hotel Investors has a trailing twelve months price to earnings ratio of 12.47. Meaning, the purchaser of the share is investing $12.47 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 8.52%.

More news about Sunstone Hotel Investors Sunstone Hotel Investors.

5. Univest Financial Corporation (UVSP) – Dividend Yield: 3.22%

Univest Financial Corporation’s last close was $26.52, 10.07% below its 52-week high of $29.49. Intraday change was 1.69%.

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking products and services primarily in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment provides a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations. The Wealth Management segment offers investment advisory, financial planning, and trust and brokerage services for private families and individuals, municipal pension plans, retirement plans, and trusts and guardianships. The Insurance segment provides commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services. It serves customers primarily in Bucks, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lehigh, Montgomery, Northampton, Philadelphia, and York counties in Pennsylvania; and Atlantic, Burlington, and Cape May counties in New Jersey through 40 banking offices. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.

Earnings Per Share

As for profitability, Univest Financial Corporation has a trailing twelve months EPS of $2.43.

PE Ratio

Univest Financial Corporation has a trailing twelve months price to earnings ratio of 10.91. Meaning, the purchaser of the share is investing $10.91 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%.

More news about Univest Financial Corporation.

6. Mid Penn Bancorp (MPB) – Dividend Yield: 2.65%

Mid Penn Bancorp’s last close was $30.21, 1.02% below its 52-week high of $30.52. Intraday change was 2.23%.

Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and IRAs. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and wealth management services. As of December 31, 2020, it operated thirty-six full service retail banking locations in Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Millersburg, Pennsylvania.

Earnings Per Share

As for profitability, Mid Penn Bancorp has a trailing twelve months EPS of $2.73.

PE Ratio

Mid Penn Bancorp has a trailing twelve months price to earnings ratio of 11.07. Meaning, the purchaser of the share is investing $11.07 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 8.33%.

Moving Average

Mid Penn Bancorp’s value is way above its 50-day moving average of $25.67 and way above its 200-day moving average of $22.54.

Yearly Top and Bottom Value

Mid Penn Bancorp’s stock is valued at $30.21 at 10:15 EST, below its 52-week high of $30.52 and way above its 52-week low of $18.63.

More news about Mid Penn Bancorp.

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