(VIANEWS) – Ares Dynamic Credit Allocation Fund (ARDC), AllianzGI Equity & Convertible Income Fund (NIE), Macquarie/First Trust Global (MFD) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Ares Dynamic Credit Allocation Fund (ARDC) | 11.64% | 2024-10-16 23:13:07 |
| AllianzGI Equity & Convertible Income Fund (NIE) | 10.15% | 2024-10-20 03:23:07 |
| Macquarie/First Trust Global (MFD) | 9.47% | 2024-10-19 17:23:07 |
| Virtus Investment Partners (VRTS) | 4.37% | 2024-10-10 05:09:05 |
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. Ares Dynamic Credit Allocation Fund (ARDC) – Dividend Yield: 11.64%
Ares Dynamic Credit Allocation Fund’s last close was $15.34, 0.97% below its 52-week high of $15.49. Intraday change was 0.33%.
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Ares Dynamic Credit Allocation Fund has a trailing twelve months EPS of $2.32.
PE Ratio
Ares Dynamic Credit Allocation Fund has a trailing twelve months price to earnings ratio of 6.61. Meaning, the purchaser of the share is investing $6.61 for every dollar of annual earnings.
More news about Ares Dynamic Credit Allocation Fund.
2. AllianzGI Equity & Convertible Income Fund (NIE) – Dividend Yield: 10.15%
AllianzGI Equity & Convertible Income Fund’s last close was $23.60, 1.17% under its 52-week high of $23.88. Intraday change was 0.68%.
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 $2.91.
PE Ratio
AllianzGI Equity & Convertible Income Fund has a trailing twelve months price to earnings ratio of 8.11. Meaning, the purchaser of the share is investing $8.11 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 8, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 10.15%.
Volume
Today’s last reported volume for AllianzGI Equity & Convertible Income Fund is 53359 which is 19.13% below its average volume of 65989.
Moving Average
AllianzGI Equity & Convertible Income Fund’s worth is above its 50-day moving average of $22.74 and above its 200-day moving average of $22.33.
More news about AllianzGI Equity & Convertible Income Fund.
3. Macquarie/First Trust Global (MFD) – Dividend Yield: 9.47%
Macquarie/First Trust Global’s last close was $9.23, 0% below its 52-week high of $9.23. Intraday change was -2.2%.
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure and utilities sectors. The fund primarily invests in dividend-paying stocks of companies. It benchmarks the performance of its portfolio against the S&P 500 Utilities Total Return Index. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund was formed on March 25, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Macquarie/First Trust Global has a trailing twelve months EPS of $0.26.
PE Ratio
Macquarie/First Trust Global has a trailing twelve months price to earnings ratio of 32.5. Meaning, the purchaser of the share is investing $32.5 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 2.92%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 22, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 9.47%.
Yearly Top and Bottom Value
Macquarie/First Trust Global’s stock is valued at $8.45 at 20:15 EST, below its 52-week high of $9.23 and way higher than its 52-week low of $6.63.
More news about Macquarie/First Trust Global.
4. Virtus Investment Partners (VRTS) – Dividend Yield: 4.37%
Virtus Investment Partners’s last close was $205.88, 21.83% under its 52-week high of $263.39. Intraday change was 1.25%.
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
Earnings Per Share
As for profitability, Virtus Investment Partners has a trailing twelve months EPS of $14.95.
PE Ratio
Virtus Investment Partners has a trailing twelve months price to earnings ratio of 13.77. Meaning, the purchaser of the share is investing $13.77 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 14.28%.
More news about Virtus Investment Partners.
