Eagle Point Credit Company, Frontline Ltd. Ordinary Shares, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Eagle Point Credit Company (ECC), Frontline Ltd. Ordinary Shares (FRO), PIMCO New York Municipal Income Fund III (PYN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Eagle Point Credit Company (ECC) 19.75% 2024-09-30 03:14:05
Frontline Ltd. Ordinary Shares (FRO) 10.86% 2024-09-30 15:12:05
PIMCO New York Municipal Income Fund III (PYN) 4.73% 2024-10-02 21:23:06
First American Corporation (FAF) 3.29% 2024-09-30 11:09:05
CenterPoint Energy (CNP) 2.89% 2024-09-29 17:15:06

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. Eagle Point Credit Company (ECC) – Dividend Yield: 19.75%

Eagle Point Credit Company’s last close was $9.72, 7.34% under its 52-week high of $10.49. Intraday change was -0.31%.

Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.71.

PE Ratio

Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 5.68. Meaning, the purchaser of the share is investing $5.68 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 16.45%.

Yearly Top and Bottom Value

Eagle Point Credit Company’s stock is valued at $9.72 at 10:15 EST, below its 52-week high of $10.49 and way higher than its 52-week low of $8.60.

Revenue Growth

Year-on-year quarterly revenue growth grew by 33.2%, now sitting on 158.51M for the twelve trailing months.

Moving Average

Eagle Point Credit Company’s value is under its 50-day moving average of $9.86 and under its 200-day moving average of $9.98.

More news about Eagle Point Credit Company.

2. Frontline Ltd. Ordinary Shares (FRO) – Dividend Yield: 10.86%

Frontline Ltd. Ordinary Shares’s last close was $22.83, 22.32% under its 52-week high of $29.39. Intraday change was 0.07%.

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Frontline Ltd. Ordinary Shares has a trailing twelve months EPS of $2.67.

PE Ratio

Frontline Ltd. Ordinary Shares has a trailing twelve months price to earnings ratio of 8.56. Meaning, the purchaser of the share is investing $8.56 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 25.18%.

Moving Average

Frontline Ltd. Ordinary Shares’s value is below its 50-day moving average of $23.44 and below its 200-day moving average of $23.63.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.4%, now sitting on 1.93B for the twelve trailing months.

Sales Growth

Frontline Ltd. Ordinary Shares’s sales growth is negative 9.5% for the current quarter and 16.4% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 22.2% and 143.5%, respectively.

More news about Frontline Ltd. Ordinary Shares.

3. PIMCO New York Municipal Income Fund III (PYN) – Dividend Yield: 4.73%

PIMCO New York Municipal Income Fund III’s last close was $6.29, 1.26% below its 52-week high of $6.37. Intraday change was -0.32%.

PIMCO New York Municipal Income Fund III is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Co LLC. It invests in fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in a portfolio of New York municipal bonds, and other municipal bonds and notes; New York variable rate notes and other variable rate notes; New York variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO New York Municipal Income Fund III was on October 31, 2002 and is domiciled in United States.

Earnings Per Share

As for profitability, PIMCO New York Municipal Income Fund III has a trailing twelve months EPS of $-0.05.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.02%.

More news about PIMCO New York Municipal Income Fund III.

4. First American Corporation (FAF) – Dividend Yield: 3.29%

First American Corporation’s last close was $65.68, 3.24% under its 52-week high of $67.88. Intraday change was 0.29%.

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, mortgage subservicing, and related products and services, as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in 49 states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, South Korea, and internationally. The Specialty Insurance segment provides property and casualty insurance comprising coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage. It also offers residential service contracts that cover residential systems, such as heating and air conditioning systems, and appliances against failures that occur as the result of normal usage during the coverage period. First American Financial Corporation was founded in 1889 and is headquartered in Santa Ana, California.

Earnings Per Share

As for profitability, First American Corporation has a trailing twelve months EPS of $1.87.

PE Ratio

First American Corporation has a trailing twelve months price to earnings ratio of 35.22. Meaning, the purchaser of the share is investing $35.22 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 4.08%.

Moving Average

First American Corporation’s worth is above its 50-day moving average of $62.52 and way above its 200-day moving average of $58.89.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 20, 2024, the estimated forward annual dividend rate is 2.16 and the estimated forward annual dividend yield is 3.29%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 4.1% and positive 49.3% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.1%, now sitting on 5.95B for the twelve trailing months.

More news about First American Corporation.

5. CenterPoint Energy (CNP) – Dividend Yield: 2.89%

CenterPoint Energy’s last close was $29.10, 7.82% below its 52-week high of $31.57. Intraday change was 0.55%.

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, CenterPoint Energy has a trailing twelve months EPS of $1.62.

PE Ratio

CenterPoint Energy has a trailing twelve months price to earnings ratio of 17.96. Meaning, the purchaser of the share is investing $17.96 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 10.15%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.6%, now sitting on 8.57B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 10% and a drop 12.5% for the next.

More news about CenterPoint Energy.

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