AllianzGI Equity & Convertible Income Fund, Gabelli Utility Trust, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – AllianzGI Equity & Convertible Income Fund (NIE), Gabelli Utility Trust (GUT), LyondellBasell (LYB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
AllianzGI Equity & Convertible Income Fund (NIE) 10.15% 2023-12-04 01:14:05
Gabelli Utility Trust (GUT) 9.87% 2023-12-02 21:10:06
LyondellBasell (LYB) 5.24% 2023-12-05 12:57:20
Procter & Gamble (PG) 2.46% 2023-12-05 12:58:48

A little less 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 Equity & Convertible Income Fund (NIE) – Dividend Yield: 10.15%

AllianzGI Equity & Convertible Income Fund’s last close was $20.96, 4.47% under its 52-week high of $21.94. Intraday change was 1.4%.

Virtus Equity & Convertible Income Fund is a closed ended equity 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 the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity & Convertible Income Fund. Virtus Equity & Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, AllianzGI Equity & Convertible Income Fund has a trailing twelve months EPS of $-3.86.

Volume

Today’s last reported volume for AllianzGI Equity & Convertible Income Fund is 54510 which is 27.49% below its average volume of 75179.

Volatility

AllianzGI Equity & Convertible Income Fund’s last week, last month’s, and last quarter’s current intraday variation average was 0.63%, 0.28%, and 0.83%.

AllianzGI Equity & Convertible Income Fund’s highest amplitude of average volatility was 0.78% (last week), 0.67% (last month), and 0.83% (last quarter).

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 10.15%.

More news about AllianzGI Equity & Convertible Income Fund.

2. Gabelli Utility Trust (GUT) – Dividend Yield: 9.87%

Gabelli Utility Trust’s last close was $6.08, 23.71% below its 52-week high of $7.97. Intraday change was 0.33%.

The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.

Earnings Per Share

As for profitability, Gabelli Utility Trust has a trailing twelve months EPS of $-0.08.

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 -2.14%.

Moving Average

Gabelli Utility Trust’s worth is above its 50-day moving average of $5.77 and under its 200-day moving average of $6.63.

Yearly Top and Bottom Value

Gabelli Utility Trust’s stock is valued at $6.08 at 18:15 EST, way below its 52-week high of $7.97 and way higher than its 52-week low of $4.60.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Gabelli Utility Trust’s stock is considered to be oversold (<=20).

More news about Gabelli Utility Trust.

3. LyondellBasell (LYB) – Dividend Yield: 5.24%

LyondellBasell’s last close was $92.82, 9.04% below its 52-week high of $102.05. Intraday change was -0.83%.

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products, polyethylene, and polypropylene; and propylene oxide and derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomer, acetyls, ethylene oxide, and ethylene glycol. In addition, the company produce and markets compounding and solutions including polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors and powders, and advanced polymers including catalloy and polybutene-1; and refines heavy, high-sulfur crude oil and other crude oils, as well as refined products, including gasoline and distillates. Further, it develops and licenses chemical and polyolefin process technologies; manufactures and sells polyolefin catalysts; and serves food packaging, home furnishings, automotive components, and paints and coatings applications. The company was incorporated in 2009 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, LyondellBasell has a trailing twelve months EPS of $6.99.

PE Ratio

LyondellBasell has a trailing twelve months price to earnings ratio of 13.35. Meaning, the purchaser of the share is investing $13.35 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 17.84%.

Stock Price Classification

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

Earnings Before Interest, Taxes, Depreciation, and Amortization

LyondellBasell’s EBITDA is 0.98.

Volatility

LyondellBasell’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.11%, and 1.03%.

LyondellBasell’s highest amplitude of average volatility was 1.03% (last week), 0.97% (last month), and 1.03% (last quarter).

Previous days news about LyondellBasell

  • Lyondellbasell (lyb) technology chosen by dongming shenghai. According to Zacks on Tuesday, 5 December, "LyondellBasell Industries N.V. price-consensus-chart | LyondellBasell Industries N.V. Quote", "The technology selection will allow Dongming Shenghai to produce durable benchmark polypropylene (PP) and high-density polyethylene (HDPE) products using the LyondellBasell Spheripol and Hostalen ACP low-pressure processes, as well as the Lupotech T vinyl acetate copolymer process technology."

More news about LyondellBasell.

4. Procter & Gamble (PG) – Dividend Yield: 2.46%

Procter & Gamble’s last close was $146.76, 7.34% below its 52-week high of $158.38. Intraday change was -3.07%.

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 $6.16.

PE Ratio

Procter & Gamble has a trailing twelve months price to earnings ratio of 23.93. Meaning, the purchaser of the share is investing $23.93 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 33.2%.

More news about Procter & Gamble.

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