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Alliancebernstein Global High Income Fund, Magic Software Enterprises Ltd., Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Alliancebernstein Global High Income Fund (AWF), Magic Software Enterprises Ltd. (MGIC), Deutsche Bank (DB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Alliancebernstein Global High Income Fund (AWF) 8.11% 2023-06-05 15:09:08
Magic Software Enterprises Ltd. (MGIC) 4.63% 2023-06-14 06:07:13
Deutsche Bank (DB) 3.13% 2023-06-15 14:49:29
Kennametal (KMT) 2.9% 2023-06-08 00:23:07
Procter & Gamble (PG) 2.6% 2023-06-15 13:43:50
Avnet (AVT) 2.56% 2023-05-30 16:43:10
Cardinal Health (CAH) 2.37% 2023-06-15 13:39:00

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. Alliancebernstein Global High Income Fund (AWF) – Dividend Yield: 8.11%

Alliancebernstein Global High Income Fund’s last close was $9.88, 7.66% below its 52-week high of $10.70. Intraday change was -1.67%.

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of JPMorgan Government Bond Index-Emerging Markets, JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. It was previously known as Alliance World Dollar Government Fund II, Inc. AllianceBernstein Global High Income Fund was formed on May 20, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, Alliancebernstein Global High Income Fund has a trailing twelve months EPS of $-2.12.

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 -18.03%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 31, 2023, the estimated forward annual dividend rate is 0.79 and the estimated forward annual dividend yield is 8.11%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.8%, now sitting on 64.75M for the twelve trailing months.

More news about Alliancebernstein Global High Income Fund.

2. Magic Software Enterprises Ltd. (MGIC) – Dividend Yield: 4.63%

Magic Software Enterprises Ltd.’s last close was $13.08, 35.38% under its 52-week high of $20.24. Intraday change was 2.75%.

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; Magic xpc, a hybrid integration platform as a service; Magic SmartUX, a mobile development application platform; and FactoryEye for virtualization of production data. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast management. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors; and public institutions and international agencies. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

Earnings Per Share

As for profitability, Magic Software Enterprises Ltd. has a trailing twelve months EPS of $0.82.

PE Ratio

Magic Software Enterprises Ltd. has a trailing twelve months price to earnings ratio of 15.95. Meaning, the purchaser of the share is investing $15.95 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 16.41%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 570.53M for the twelve trailing months.

Sales Growth

Magic Software Enterprises Ltd.’s sales growth is 3.5% for the ongoing quarter and 4.7% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 5, 2023, the estimated forward annual dividend rate is 0.59 and the estimated forward annual dividend yield is 4.63%.

More news about Magic Software Enterprises Ltd..

3. Deutsche Bank (DB) – Dividend Yield: 3.13%

Deutsche Bank’s last close was $10.70, 21.15% below its 52-week high of $13.57. Intraday change was -1.03%.

Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions. The company's Investment Bank segment offers debt origination, merger and acquisitions, and equity advisory services. Its Private Bank segment provides payment and account services, and credit and deposit products, as well as investment advice products, such as environmental, social, and governance products. This segment also provides banking, wealth management services, postal and parcel services; and offers support in planning, managing and investing wealth, financing personal and business interests, and servicing institutional and corporate needs. The company's Asset Management segment provides investment solutions, such as alternative investments, which include real estate, infrastructure, private equity, liquid real assets, and sustainable investments; and various other services, including insurance and pension solutions, asset liability management, portfolio management solutions, and asset allocation advisory to individuals and institutions. Deutsche Bank Aktiengesellschaft was founded in 1870 and is based in Frankfurt am Main, Germany.

Earnings Per Share

As for profitability, Deutsche Bank has a trailing twelve months EPS of $2.61.

PE Ratio

Deutsche Bank has a trailing twelve months price to earnings ratio of 4.06. Meaning, the purchaser of the share is investing $4.06 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 8.1%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.9%, now sitting on 26.26B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 26.5% and a drop 1.8% for the next.

More news about Deutsche Bank.

4. Kennametal (KMT) – Dividend Yield: 2.9%

Kennametal’s last close was $28.98, 5.29% under its 52-week high of $30.60. Intraday change was 5.11%.

Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. It operates through three segments: Industrial, Widia, and Infrastructure. The company offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. It also provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to general engineering, aerospace, energy, and transportation customers. In addition, the company produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide and specialty alloy powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. It provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national chain distributors; integrated supplier channels; and value added resellers, as well as through the Internet. Kennametal Inc. was founded in 1938 and is based in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, Kennametal has a trailing twelve months EPS of $1.51.

PE Ratio

Kennametal has a trailing twelve months price to earnings ratio of 19.19. Meaning, the purchaser of the share is investing $19.19 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 9.59%.

Yearly Top and Bottom Value

Kennametal’s stock is valued at $28.98 at 17:15 EST, under its 52-week high of $30.60 and way higher than its 52-week low of $20.21.

Moving Average

Kennametal’s worth is way higher than its 50-day moving average of $26.30 and way above its 200-day moving average of $25.72.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 2.06B for the twelve trailing months.

More news about Kennametal.

5. Procter & Gamble (PG) – Dividend Yield: 2.6%

Procter & Gamble’s last close was $146.42, 7.39% below its 52-week high of $158.11. Intraday change was 1.43%.

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands. The Grooming segment provides shave care products and appliances under the Braun, Gillette, and Venus brand names. The Health Care segment offers toothbrushes, toothpastes, and other oral care products under the Crest and Oral-B brand names; and gastrointestinal, rapid diagnostics, respiratory, vitamins/minerals/supplements, pain relief, and other personal health care products under the Metamucil, Neurobion, Pepto-Bismol, and Vicks brands. The Fabric & Home Care segment provides fabric enhancers, laundry additives, and laundry detergents under the Ariel, Downy, Gain, and Tide brands; and air care, dish care, P&G professional, and surface care products under the Cascade, Dawn, Fairy, Febreze, Mr. Clean, and Swiffer brands. The Baby, Feminine & Family Care segment offers baby wipes, taped diapers, and pants under the Luvs and Pampers brands; adult incontinence and feminine care products under the Always, Always Discreet, and Tampax brands; and paper towels, tissues, and toilet papers under the Bounty, Charmin, and Puffs brands. The company sells its products primarily through mass merchandisers, e-commerce, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, high-frequency stores, pharmacies, electronics stores, and professional channels, as well as directly to consumers. The Procter & Gamble Company was founded in 1837 and is headquartered in Cincinnati, Ohio.

Earnings Per Share

As for profitability, Procter & Gamble has a trailing twelve months EPS of $5.75.

PE Ratio

Procter & Gamble has a trailing twelve months price to earnings ratio of 25.83. Meaning, the purchaser of the share is investing $25.83 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 31.6%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Procter & Gamble’s stock is considered to be overbought (>=80).

More news about Procter & Gamble.

6. Avnet (AVT) – Dividend Yield: 2.56%

Avnet’s last close was $45.31, 9.72% under its 52-week high of $50.19. Intraday change was -0.73%.

Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent embedded and innovative embedded display solutions comprising touch and passive displays. Further, it develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Avnet has a trailing twelve months EPS of $9.08.

PE Ratio

Avnet has a trailing twelve months price to earnings ratio of 4.95. Meaning, the purchaser of the share is investing $4.95 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 19.4%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.4%, now sitting on 26.35B for the twelve trailing months.

Volume

Today’s last reported volume for Avnet is 557044 which is 2.57% above its average volume of 543061.

More news about Avnet.

7. Cardinal Health (CAH) – Dividend Yield: 2.37%

Cardinal Health’s last close was $86.97, 0.18% below its 52-week high of $87.13. Intraday change was 2.33%.

Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; repackages generic pharmaceuticals and over-the-counter healthcare products; and offers medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers, as well as provides pharmacy management services to hospitals. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compressions; incontinences; nutritional delivery products; wound care products; single-use surgical drapes, gowns, and apparels; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. The segment also distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile, and non-sterile procedure kits. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.

Earnings Per Share

As for profitability, Cardinal Health has a trailing twelve months EPS of $1.7.

PE Ratio

Cardinal Health has a trailing twelve months price to earnings ratio of 52.35. Meaning, the purchaser of the share is investing $52.35 for every dollar of annual earnings.

Yearly Top and Bottom Value

Cardinal Health’s stock is valued at $89.00 at 17:15 EST, above its 52-week high of $87.13.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cardinal Health’s stock is considered to be overbought (>=80).

More news about Cardinal Health.

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