(VIANEWS) – Advent Claymore Convertible Securities and Income Fund (AVK), New York Mortgage Trust (NYMTM), Gabelli Convertible and Income Securities Fund (GCV) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Advent Claymore Convertible Securities and Income Fund (AVK) | 11.22% | 2023-01-29 15:15:09 |
| New York Mortgage Trust (NYMTM) | 10.96% | 2023-01-27 10:23:17 |
| Gabelli Convertible and Income Securities Fund (GCV) | 10.69% | 2023-01-31 05:23:18 |
| Getty Realty Corporation (GTY) | 4.77% | 2023-01-31 11:08:14 |
| Allete (ALE) | 4.26% | 2023-01-29 11:46:07 |
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: 11.22%
Advent Claymore Convertible Securities and Income Fund’s last close was $12.54, 26.15% under its 52-week high of $16.98. Intraday change was 1.29%.
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 $5.62.
PE Ratio
Advent Claymore Convertible Securities and Income Fund has a trailing twelve months price to earnings ratio of 2.23. Meaning,
the purchaser of the share is investing $2.23 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 negative -30.39%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 11, 2023, the estimated forward annual dividend rate is 1.41 and the estimated forward annual dividend yield is 11.22%.
More news about Advent Claymore Convertible Securities and Income Fund.
2. New York Mortgage Trust (NYMTM) – Dividend Yield: 10.96%
New York Mortgage Trust’s last close was $22.28, 11.83% under its 52-week high of $25.27. Intraday change was 0.26%.
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-related assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2003 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, New York Mortgage Trust has a trailing twelve months EPS of $0.5.
PE Ratio
New York Mortgage Trust has a trailing twelve months price to earnings ratio of 44.69. Meaning,
the purchaser of the share is investing $44.69 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 negative -4.16%.
Volume
Today’s last reported volume for New York Mortgage Trust is 301 which is 98% below its average volume of 15060.
Revenue Growth
Year-on-year quarterly revenue growth declined by 93.3%, now sitting on 135.76M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 1.97 and the estimated forward annual dividend yield is 10.96%.
More news about New York Mortgage Trust.
3. Gabelli Convertible and Income Securities Fund (GCV) – Dividend Yield: 10.69%
Gabelli Convertible and Income Securities Fund’s last close was $5.12, 21.71% below its 52-week high of $6.54. Intraday change was -0.97%.
The Gabelli Convertible and Income Securities Fund Inc. is a closed-ended balanced mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity and fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in convertible securities and other debt and equity securities. The fund benchmarks the performance of its portfolio against the Standard & Poor's 500 Index, Barclays Government/Credit Bond Index, and Lipper Convertible Securities Fund Average. It was formerly known as Gabelli Convertible Securities Fund Inc. The Gabelli Convertible and Income Securities Fund Inc. was formed on December 19, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Gabelli Convertible and Income Securities Fund has a trailing twelve months EPS of $1.56.
PE Ratio
Gabelli Convertible and Income Securities Fund has a trailing twelve months price to earnings ratio of 3.29. Meaning,
the purchaser of the share is investing $3.29 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 negative -24.62%.
Moving Average
Gabelli Convertible and Income Securities Fund’s value is higher than its 50-day moving average of $5.10 and under its 200-day moving average of $5.41.
More news about Gabelli Convertible and Income Securities Fund.
4. Getty Realty Corporation (GTY) – Dividend Yield: 4.77%
Getty Realty Corporation’s last close was $35.78, 1.92% below its 52-week high of $36.48. Intraday change was 0.96%.
Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.
Earnings Per Share
As for profitability, Getty Realty Corporation has a trailing twelve months EPS of $1.7.
PE Ratio
Getty Realty Corporation has a trailing twelve months price to earnings ratio of 21.25. Meaning,
the purchaser of the share is investing $21.25 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 11.11%.
Volume
Today’s last reported volume for Getty Realty Corporation is 25554 which is 92.47% below its average volume of 339750.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.7%, now sitting on 161.82M for the twelve trailing months.
More news about Getty Realty Corporation.
5. Allete (ALE) – Dividend Yield: 4.26%
Allete’s last close was $61.01, 10.88% under its 52-week high of $68.46. Intraday change was -0.26%.
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Earnings Per Share
As for profitability, Allete has a trailing twelve months EPS of $3.66.
PE Ratio
Allete has a trailing twelve months price to earnings ratio of 16.67. Meaning,
the purchaser of the share is investing $16.67 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 4.6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Allete’s EBITDA is 48.36.
More news about Allete.
