Headlines

Blackstone GSO Senior Floating Rate Term Fund, Vector Group Ltd., Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Blackstone GSO Senior Floating Rate Term Fund (BSL), Vector Group Ltd. (VGR), First Merchants Corporation (FRME) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Blackstone GSO Senior Floating Rate Term Fund (BSL) 9.61% 2024-09-11 13:07:06
Vector Group Ltd. (VGR) 5.35% 2024-09-15 23:14:05
First Merchants Corporation (FRME) 3.75% 2024-09-18 15:47:05
Capital Product Partners L.P. (CPLP) 3.58% 2024-09-17 17:13:05

Close to 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. Blackstone GSO Senior Floating Rate Term Fund (BSL) – Dividend Yield: 9.61%

Blackstone GSO Senior Floating Rate Term Fund’s last close was $14.28, 1.92% below its 52-week high of $14.56. Intraday change was 0.07%.

Blackstone/GSO Senior Floating Rate Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in senior secured, floating rate loans that are issued by corporations, partnerships, and other business entities. It seeks to invest in securities that are rated below investment grade. The fund invests in securities across the maturity spectrum, while maintaining an average duration of less than one year. It employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Blackstone/GSO Senior Floating Rate Term Fund was formed on March 4, 2010 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackstone GSO Senior Floating Rate Term Fund has a trailing twelve months EPS of $1.83.

PE Ratio

Blackstone GSO Senior Floating Rate Term Fund has a trailing twelve months price to earnings ratio of 7.81. Meaning, the purchaser of the share is investing $7.81 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 14.43%.

Yearly Top and Bottom Value

Blackstone GSO Senior Floating Rate Term Fund’s stock is valued at $14.29 at 17:15 EST, under its 52-week high of $14.56 and way above its 52-week low of $12.50.

Volume

Today’s last reported volume for Blackstone GSO Senior Floating Rate Term Fund is 48009 which is 6.67% above its average volume of 45003.

Moving Average

Blackstone GSO Senior Floating Rate Term Fund’s value is above its 50-day moving average of $14.17 and above its 200-day moving average of $13.93.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 23, 2024, the estimated forward annual dividend rate is 1.37 and the estimated forward annual dividend yield is 9.61%.

More news about Blackstone GSO Senior Floating Rate Term Fund.

2. Vector Group Ltd. (VGR) – Dividend Yield: 5.35%

Vector Group Ltd.’s last close was $14.94, 3.8% under its 52-week high of $15.53. Intraday change was 0.2%.

Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company also engages in real estate investment business, operates apartment buildings, hotels, and commercial real estate ventures. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is headquartered in Miami, Florida.

Earnings Per Share

As for profitability, Vector Group Ltd. has a trailing twelve months EPS of $1.26.

PE Ratio

Vector Group Ltd. has a trailing twelve months price to earnings ratio of 11.86. Meaning, the purchaser of the share is investing $11.86 for every dollar of annual earnings.

Volume

Today’s last reported volume for Vector Group Ltd. is 2180780 which is 7.23% above its average volume of 2033550.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 12.1% and a drop 5.4% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 30, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 5.35%.

More news about Vector Group Ltd..

3. First Merchants Corporation (FRME) – Dividend Yield: 3.75%

First Merchants Corporation’s last close was $37.30, 12.13% under its 52-week high of $42.45. Intraday change was 0.21%.

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Earnings Per Share

As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.12.

PE Ratio

First Merchants Corporation has a trailing twelve months price to earnings ratio of 11.98. Meaning, the purchaser of the share is investing $11.98 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 8.57%.

Moving Average

First Merchants Corporation’s worth is below its 50-day moving average of $37.41 and above its 200-day moving average of $34.90.

More news about First Merchants Corporation.

4. Capital Product Partners L.P. (CPLP) – Dividend Yield: 3.58%

Capital Product Partners L.P.’s last close was $17.05, 9.55% under its 52-week high of $18.85. Intraday change was 2.13%.

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. The company's vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers. In addition, the company produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals. It serves as the general partner of the company. Capital Product Partners L.P. was incorporated in 2007 and is headquartered in Piraeus, Greece.

Earnings Per Share

As for profitability, Capital Product Partners L.P. has a trailing twelve months EPS of $2.53.

PE Ratio

Capital Product Partners L.P. has a trailing twelve months price to earnings ratio of 6.63. Meaning, the purchaser of the share is investing $6.63 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 10.41%.

Volume

Today’s last reported volume for Capital Product Partners L.P. is 9356 which is 49.15% below its average volume of 18401.

More news about Capital Product Partners L.P..

Leave a Reply

Your email address will not be published. Required fields are marked *