(VIANEWS) – Advent Claymore Convertible Securities and Income Fund (AVK), BlackRock Utility and Infrastructure Trust (BUI), Bank of America (BAC) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Advent Claymore Convertible Securities and Income Fund (AVK) | 11.85% | 2024-04-03 05:14:06 |
| BlackRock Utility and Infrastructure Trust (BUI) | 7.39% | 2024-04-03 13:23:07 |
| Bank of America (BAC) | 2.7% | 2024-04-12 15:52:49 |
| Mexico Equity and Income Fund (MXE) | 2.61% | 2024-04-06 06:23:05 |
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. Advent Claymore Convertible Securities and Income Fund (AVK) – Dividend Yield: 11.85%
Advent Claymore Convertible Securities and Income Fund’s last close was $11.84, 2.63% below its 52-week high of $12.16. Intraday change was -0.67%.
Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Advent Claymore Convertible Securities and Income Fund has a trailing twelve months EPS of $-0.19.
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 -8.24%.
Yearly Top and Bottom Value
Advent Claymore Convertible Securities and Income Fund’s stock is valued at $11.84 at 17:15 EST, under its 52-week high of $12.16 and way higher than its 52-week low of $9.24.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37.9%, now sitting on 32.27M for the twelve trailing months.
More news about Advent Claymore Convertible Securities and Income Fund.
2. BlackRock Utility and Infrastructure Trust (BUI) – Dividend Yield: 7.39%
BlackRock Utility and Infrastructure Trust’s last close was $21.18, 10.37% below its 52-week high of $23.63. Intraday change was -0.39%.
BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors. It invests in stocks of companies across diversified market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. The fund was formerly known as BlackRock Utility and Infrastructure Trust. BlackRock Utility, Infrastructure & Power Opportunities Trust was formed on November 22, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Utility and Infrastructure Trust has a trailing twelve months EPS of $2.75.
PE Ratio
BlackRock Utility and Infrastructure Trust has a trailing twelve months price to earnings ratio of 7.67. Meaning, the purchaser of the share is investing $7.67 for every dollar of annual earnings.
More news about BlackRock Utility and Infrastructure Trust.
3. Bank of America (BAC) – Dividend Yield: 2.7%
Bank of America’s last close was $36.35, 0.61% above its 52-week high of $36.13. Intraday change was -1.54%.
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Bank of America has a trailing twelve months EPS of $3.08.
PE Ratio
Bank of America has a trailing twelve months price to earnings ratio of 11.62. Meaning, the purchaser of the share is investing $11.62 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 9.39%.
Sales Growth
Bank of America’s sales growth for the current quarter is negative 3.8%.
Volume
Today’s last reported volume for Bank of America is 39651900 which is 0.27% above its average volume of 39542200.
Volatility
Bank of America’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.43%, a positive 0.09%, and a positive 0.99%.
Bank of America’s highest amplitude of average volatility was 1.54% (last week), 1.06% (last month), and 0.99% (last quarter).
Previous days news about Bank of America
- Unlocking Q1 potential of Bank of America (bac): exploring wall street estimates for key metrics. According to Zacks on Thursday, 11 April, "View all Key Company Metrics for Bank of America here>>>Over the past month, shares of Bank of America have returned +1.6% versus the Zacks S&P 500 composite’s +0.8% change. ", "Given this perspective, it’s time to examine the average forecasts of specific Bank of America metrics that are routinely monitored and predicted by Wall Street analysts."
- Bank of America (bac) declines more than market: some information for investors. According to Zacks on Friday, 12 April, "In that report, analysts expect Bank of America to post earnings of $0.77 per share. ", "The investment community will be closely monitoring the performance of Bank of America in its forthcoming earnings report. "
More news about Bank of America.
4. Mexico Equity and Income Fund (MXE) – Dividend Yield: 2.61%
Mexico Equity and Income Fund’s last close was $11.55, 0.69% under its 52-week high of $11.63. Intraday change was 0.26%.
Mexico Equity & Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, S.A. de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the Mexbol and MSCI Mexico Index. Mexico Equity & Income Fund Inc. was formed on May 24, 1990 and is domiciled in the United States.
Earnings Per Share
As for profitability, Mexico Equity and Income Fund has a trailing twelve months EPS of $2.65.
PE Ratio
Mexico Equity and Income Fund has a trailing twelve months price to earnings ratio of 4.36. Meaning, the purchaser of the share is investing $4.36 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 35.33%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 3.08M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 27, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 2.61%.
More news about Mexico Equity and Income Fund.
