(VIANEWS) – AllianzGI Convertible & Income Fund II (NCZ), PIMCO Strategic Income Fund (RCS), Newtek Business Services Corp. (NEWT) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| AllianzGI Convertible & Income Fund II (NCZ) | 12.33% | 2024-08-27 09:08:06 |
| PIMCO Strategic Income Fund (RCS) | 9.04% | 2024-08-10 09:11:05 |
| Newtek Business Services Corp. (NEWT) | 6.24% | 2024-08-15 10:42:06 |
| Kaiser Aluminum Corporation (KALU) | 4.48% | 2024-08-14 17:13:06 |
| Costamare (CMRE) | 3.35% | 2024-08-24 23:08:05 |
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: 12.33%
AllianzGI Convertible & Income Fund II’s last close was $2.99, 2.29% under its 52-week high of $3.06. Intraday change was 0%.
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 29.9. Meaning, the purchaser of the share is investing $29.9 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%.
Yearly Top and Bottom Value
AllianzGI Convertible & Income Fund II’s stock is valued at $2.99 at 10:15 EST, below its 52-week high of $3.06 and way higher than its 52-week low of $2.50.
Moving Average
AllianzGI Convertible & Income Fund II’s value is higher than its 50-day moving average of $2.93 and above its 200-day moving average of $2.88.
More news about AllianzGI Convertible & Income Fund II.
2. PIMCO Strategic Income Fund (RCS) – Dividend Yield: 9.04%
PIMCO Strategic Income Fund’s last close was $6.77, 1.88% below its 52-week high of $6.90. Intraday change was -0.59%.
PIMCO Strategic Global Government Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities. It employs fundamental analysis with a focus on top down stock picking approach to create its portfolio. PIMCO Strategic Global Government Fund, Inc. was formed on February 24, 1994 and is domiciled in the United States.
Earnings Per Share
As for profitability, PIMCO Strategic Income Fund has a trailing twelve months EPS of $0.61.
PE Ratio
PIMCO Strategic Income Fund has a trailing twelve months price to earnings ratio of 11.1. Meaning, the purchaser of the share is investing $11.1 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 13.67%.
Yearly Top and Bottom Value
PIMCO Strategic Income Fund’s stock is valued at $6.77 at 10:15 EST, under its 52-week high of $6.90 and way higher than its 52-week low of $4.51.
Moving Average
PIMCO Strategic Income Fund’s worth is higher than its 50-day moving average of $6.39 and way higher than its 200-day moving average of $6.00.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 12, 2024, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 9.04%.
More news about PIMCO Strategic Income Fund.
3. Newtek Business Services Corp. (NEWT) – Dividend Yield: 6.24%
Newtek Business Services Corp.’s last close was $12.17, 34.85% below its 52-week high of $18.68. Intraday change was 2.79%.
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York.
Earnings Per Share
As for profitability, Newtek Business Services Corp. has a trailing twelve months EPS of $1.66.
PE Ratio
Newtek Business Services Corp. has a trailing twelve months price to earnings ratio of 7.54. Meaning, the purchaser of the share is investing $7.54 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 17.13%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 9, 2024, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 6.24%.
Sales Growth
Newtek Business Services Corp.’s sales growth for the next quarter is 24.4%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 18.9% and 24.5%, respectively.
Volume
Today’s last reported volume for Newtek Business Services Corp. is 64841 which is 64.48% below its average volume of 182579.
More news about Newtek Business Services Corp..
4. Kaiser Aluminum Corporation (KALU) – Dividend Yield: 4.48%
Kaiser Aluminum Corporation’s last close was $68.76, 32.86% below its 52-week high of $102.42. Intraday change was -1.13%.
Kaiser Aluminum Corporation, together with its subsidiaries, engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. The company offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products. The company's automotive extrusions include extruded aluminum products for structural components, crash management systems, anti-lock braking systems, and drawn tubes for drive shafts, as well as offers fabrication services, including sawing and cutting to length. Its packaging products consist of bare and coated 3000- and 5000-series alloy aluminum coil used for beverage and food packaging industry; and Its general engineering products comprise alloy plate, sheet, rod, bar, tube, wire, and standard extrusion shapes used in various applications, including the production of military vehicles, ordnances, semiconductor manufacturing cells, electronic devices, after-market motor sport parts, tooling plates, parts for machinery and equipment, bolts, screws, nails, and rivets. In addition, it offers rerolled, extruded, drawn, and cast billet aluminum products for industrial end uses. It sells its products directly to customers through sales personnel located in the United States, Canada, Western Europe, and China, as well as through independent sales agents in other regions of Asia, Latin America, and the Middle East. Kaiser Aluminum Corporation was founded in 1946 and is headquartered in Franklin, Tennessee.
Earnings Per Share
As for profitability, Kaiser Aluminum Corporation has a trailing twelve months EPS of $2.49.
PE Ratio
Kaiser Aluminum Corporation has a trailing twelve months price to earnings ratio of 27.3. Meaning, the purchaser of the share is investing $27.3 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 6.26%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 25, 2024, the estimated forward annual dividend rate is 3.08 and the estimated forward annual dividend yield is 4.48%.
Moving Average
Kaiser Aluminum Corporation’s value is way under its 50-day moving average of $85.96 and way below its 200-day moving average of $77.49.
More news about Kaiser Aluminum Corporation.
5. Costamare (CMRE) – Dividend Yield: 3.35%
Costamare’s last close was $13.72, 21.96% below its 52-week high of $17.58. Intraday change was 1.4%.
Costamare Inc. owns and charters containerships to liner companies worldwide. As of June 14, 2021, it had a fleet of 81 containerships with a total capacity of approximately 581,000 twenty foot equivalent units and 16 dry bulk vessels with a total capacity of approximately 932,000 DWT. The company was founded in 1974 and is based in Monaco.
Earnings Per Share
As for profitability, Costamare has a trailing twelve months EPS of $2.84.
PE Ratio
Costamare has a trailing twelve months price to earnings ratio of 4.83. Meaning, the purchaser of the share is investing $4.83 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 15.29%.
More news about Costamare.
