(VIANEWS) – AllianzGI Convertible & Income Fund II (NCZ), Nordic American Tankers Limited (NAT), Valley National Bancorp (VLY) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| AllianzGI Convertible & Income Fund II (NCZ) | 12.5% | 2024-06-16 22:43:05 |
| Nordic American Tankers Limited (NAT) | 12.34% | 2024-06-16 21:14:05 |
| Valley National Bancorp (VLY) | 6.41% | 2024-06-13 03:15:05 |
| First Merchants Corporation (FRME) | 4.42% | 2024-06-21 07:48:06 |
| Nuveen Municipal Value Fund (NUV) | 4.07% | 2024-06-17 03:46:05 |
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. AllianzGI Convertible & Income Fund II (NCZ) – Dividend Yield: 12.5%
AllianzGI Convertible & Income Fund II’s last close was $2.88, 8.57% under its 52-week high of $3.15. Intraday change was -0.69%.
Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in-house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund II. Virtus Convertible & Income Fund II was formed on July 31, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, AllianzGI Convertible & Income Fund II has a trailing twelve months EPS of $0.1.
PE Ratio
AllianzGI Convertible & Income Fund II has a trailing twelve months price to earnings ratio of 28.8. Meaning, the purchaser of the share is investing $28.8 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 1.99%.
More news about AllianzGI Convertible & Income Fund II.
2. Nordic American Tankers Limited (NAT) – Dividend Yield: 12.34%
Nordic American Tankers Limited’s last close was $3.89, 19.46% below its 52-week high of $4.83. Intraday change was -1.77%.
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.32.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 12.16. Meaning, the purchaser of the share is investing $12.16 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 12.33%.
Sales Growth
Nordic American Tankers Limited’s sales growth is negative 21.1% for the ongoing quarter and 47.8% for the next.
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3. Valley National Bancorp (VLY) – Dividend Yield: 6.41%
Valley National Bancorp’s last close was $6.86, 38.86% below its 52-week high of $11.22. Intraday change was 2.39%.
Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.
Earnings Per Share
As for profitability, Valley National Bancorp has a trailing twelve months EPS of $0.85.
PE Ratio
Valley National Bancorp has a trailing twelve months price to earnings ratio of 8.07. Meaning, the purchaser of the share is investing $8.07 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 6.77%.
Sales Growth
Valley National Bancorp’s sales growth is negative 3.8% for the ongoing quarter and 1.6% for the next.
Volume
Today’s last reported volume for Valley National Bancorp is 9380150 which is 79.11% above its average volume of 5237030.
Yearly Top and Bottom Value
Valley National Bancorp’s stock is valued at $6.86 at 03:15 EST, way under its 52-week high of $11.22 and higher than its 52-week low of $6.51.
More news about Valley National Bancorp.
4. First Merchants Corporation (FRME) – Dividend Yield: 4.42%
First Merchants Corporation’s last close was $31.72, 16.88% below its 52-week high of $38.16. Intraday change was -0.06%.
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company 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 $3.46.
PE Ratio
First Merchants Corporation has a trailing twelve months price to earnings ratio of 9.17. Meaning, the purchaser of the share is investing $9.17 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 9.55%.
More news about First Merchants Corporation.
5. Nuveen Municipal Value Fund (NUV) – Dividend Yield: 4.07%
Nuveen Municipal Value Fund’s last close was $8.55, 4.26% below its 52-week high of $8.93. Intraday change was 0.58%.
Nuveen Municipal Value Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments. It invests in undervalued municipal securities and other related investments the income, exempt from regular federal income taxes that are rated Baa or BBB or better. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index. Nuveen Municipal Value Fund, Inc. was formed on April 8, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Municipal Value Fund has a trailing twelve months EPS of $0.26.
PE Ratio
Nuveen Municipal Value Fund has a trailing twelve months price to earnings ratio of 32.88. Meaning, the purchaser of the share is investing $32.88 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 3.03%.
Yearly Top and Bottom Value
Nuveen Municipal Value Fund’s stock is valued at $8.55 at 03:15 EST, below its 52-week high of $8.93 and higher than its 52-week low of $7.86.
Volume
Today’s last reported volume for Nuveen Municipal Value Fund is 499688 which is 21.15% above its average volume of 412453.
Moving Average
Nuveen Municipal Value Fund’s value is higher than its 50-day moving average of $8.53 and higher than its 200-day moving average of $8.50.
More news about Nuveen Municipal Value Fund.
